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Today’s Insurance News
Source: Insurance Journal
  • Jumpstart Parametric Earthquake Firm on Move in WestJumpstart Parametric Earthquake Firm on Move in West
    Jumpstart Insurance Solutions Inc. is on the move in the earthquake-prone West – and the company is now working with insurance agents. Jumpstart, a licensed surplus lines insurance broker using Lloyd’s capacity, began offering earthquake insurance in California a little … Read more »
  • Alabama Transgender Driver’s License Policy Ruled Unconstitutional
    Alabama’s policy requiring a transgender person to undergo full gender reassignment surgery before they can change the sex on their driver’s license is unconstitutional, a federal judge ruled Friday. U.S. District Judge Myron Thompson said Alabama policy’s that people “can … Read more »
  • Biden Revokes Keystone XL Pipeline Permit; Construction Halted
    Construction on the long disputed Keystone XL oil pipeline halted on Jan. 21 as incoming U.S. President Joe Biden revoked its permit on his first day in office. The 1,700-mile (2,735-kilometer) pipeline was planned to carry roughly 800,000 barrels of … Read more »
  • Homeowners Claims, Delays Top Louisiana 2020 Storm Complaints
    The majority of complaint Louisiana insurance regulators have received in relation to the historic 2020 hurricane season concern homeowners insurance. The Louisiana Department of Insurance (LDI) reports that nearly 80 percent of the 873 complaints it has received about hurricane … Read more »
  • Victoria County, Texas, Flood Maps Ready for Review: FEMA
    FEMA has made available for review revised preliminary flood risk information and updated Flood Insurance Rate Maps (FIRMs) for Victoria County, Texas. The federal agency is urging property owners to review the latest information to learn about local flood risks … Read more »
  • Insurer Hallmark Financial Explores Splitting Off Its Specialty Commercial Lines BusinessInsurer Hallmark Financial Explores Splitting Off Its Specialty Commercial Lines Business
    Hallmark Financial Services, a specialty property/casualty company, announced Thursday that it is exploring the separation of its specialty commercial business to unlock its value and improve access to capital. Currently the company is comprised of three business segments—specialty commercial, standard … Read more »
  • North Dakota Senate Won’t Hold Oil Execs Liable for Environmental Damage
    The North Dakota Senate has rejected a bill that would have allowed the state to hold liable any corporate officer responsible for oil- and gas-related violations. The North Dakota Petroleum Council and the Greater North Dakota Chamber had lobbied against … Read more »
  • Attune to Offer General, Professional Liability Products Through Hiscox
    Attune Insurance Services, LLC has launched general liability and professional liability products with Hiscox serving as the carrier. The Attune and Hiscox partnership adds over 180 new classes and two admitted products to the Attune broker platform. All brokers with … Read more »
  • Farmers Launches Direct-to-Consumer Policies in Mississippi
    Farmers Insurance has launched a range of customizable insurance products in Mississippi. Customers throughout the state can now quote and purchase auto, home, condo, and renters products in a direct-to-consumer model. According to Keith Daly, president of personal lines for … Read more »
  • Lloyd’s Appoints Aviva’s Tiernan to New Chief of Markets Position
    Patrick Tiernan will be joining Lloyd’s of London in the newly-created role of chief of Markets, where he will will oversee market performance and distribution. Tiernan will join Lloyd’s from Aviva where he is currently the managing director, UK Commercial … Read more »
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