This story was originally published by Floodlight, a nonprofit investigative newsroom focused on climate accountability. Louisiana homeowners will no longer have the assurance of holding onto their longtime property insurance policies after a damaging storm. And they could start seeing increases in premiums and deductibles since the state’s insurance commissioner convinced lawmakers to deregulate Louisiana’s
Six years into running his business, self-employed marketing consultant Brooks Lockett faced a hurdle that small business owners, freelancers, and contract workers know all too well: the daunting mess of health insurance. “As a self-employed individual, the high premiums and inadequate coverage of traditional insurance felt like a burden,” he says. “I was paying $450
Westbrook Health Services has received a donation of $5,500 from Waters Fanta Insurance Agency. Pictured, from left, are Rebecca Knotts, agent, Waters Fanta Insurance Agency; John Fanta, agent, Waters Fanta Insurance Agency; Kevin Trippett, president and CEO, Westbrook Health Services; Sara Life, chief financial officer, Westbrook Health Services; and Amy Fanta Caruthers,
TEHACHAPI, Calif. (KERO) — Kern Behavioral Health and Recovery Services will stop insurance coverage for some clients at Cornerstone on July 24, says the counseling center’s founder Joshua Pierce. Funding from insurance coverage was a problem for Cornerstone last month, but the counseling has since been paid, Pierce says. John Logan, a Cornerstone client, says
An Orleans Parish magistrate found probable cause last week to charge a woman accused of killing her boyfriend in order to cash in on his $1 million life insurance policy. Commissioner Jonathan Friedman kept 37-year-old Kyana Traylor’s bail at $500,000 at a preliminary hearing on July 8, during which New Orleans detective Michael Haynes testified
Insurers reportedly could be facing hundreds or thousands of business interruption claims resulting from the Microsoft outage that began late Thursday (July 18). Economic damages from the event, which crippled industries and inconvenienced consumers around the world, could amount to tens of billions of dollars, Reuters reported Friday (July 19). Nir Perry, CEO at cyber insurance risk platform CyberWrite, said
Flooding on Sterling Avenue in Fort Myers Beach in December. File photo Fort Myers Beach Lee County property owners who have flood insurance policies through the National Flood Insurance Program will be able to maintain their 25% discount, FEMA notified the town and county Friday. The City of Cape Coral also
A handful of IPOs priced this past week, led by three sizable names. One large issuer joined both the pipeline and the calendar: Chile-based LATAM Airlines Group (LTM) filed to cross-list in the US, and its offering is expected to raise $533 million in the week ahead. Insurance distributor TWFG (TWFG) priced above
We’re excited to announce that Erin Zimmet, Director of Enterprise Talent Operations & Talent Acquisition, has been featured in the latest Risk & Insurance Magazine article “The Dos“The Dos and Don’ts of Tackling the Insurance Talent Gap.” In the article, Erin shares her insights on how the insurance industry can effectively attract and retain top
Bold Penguin Inc. Wednesday said Ryan Specialty Holdings Inc. will provide capacity to be accessed through the Bold Penguin Terminal quote platform. General liability, property and other coverages will be available with up to $2.5 million in limits in all 50 states and the District of Columbia, Bold Penguin said in a statement. RT Specialty’s