Full content: New York State is securing more than $19 million in penalties from eight auto insurance providers for violations of the state’s cybersecurity regulation. Department of Financial Services (DFS) Superintendent Adrienne A. Harris said that inadequate cybersecurity controls allowed hackers to …

Full content: Chamberlain Named Small Commercial Operations and Service Solutions Leader Nationwide has tapped Joe Chamberlain to lead its small commercial operations and service solutions organization. Chamberlain has over 30 years of underwriting and operations leadership experience in the insurance industry. Most …

Full content: The managing general agent (MGA) market is in the spotlight as one of the most agile and innovative arrows of growth for the insurance sector. But as with any arrow, direction and precision matter. Fired without the right discipline, it …

Full content: The way communities nationwide recover from natural disasters may never be the same. The National Flood Insurance Program (NFIP) expired on September 30. Simultaneously, pending congressional legislation stands to transform the Federal Emergency Management Agency’s (FEMA) Public Assistance (PA) program. …

Full content: In what is being seen as a significant win for property insurers, a Florida appeals court last week found that Universal Property and Casualty Insurance Co. did not breach the insurance contract when it paid just $8,125 on a homeowner’s …

Full content: Thirty years ago, Willie Cruz was shocked when he learned the Southern California oil refinery where he worked was shutting down. Cruz, now a 61-year-old living in Arizona, had spent five years working in the environmental department when Powerine Oil …

Full content: Wisconsin Insurance Commissioner Nathan Houdek issued a final decision to impose civil forfeitures of $6,000 after finding that a contractor was acting as a public adjuster under Wisconsin law, which subjected him to the standards of Wis. Stat. ch. 629, …

Full content: Water shortages in South Texas are posing major risks to a fast-growing industrial hub that’s crucial to President Donald Trump’s twin goals of dominating global energy markets and slashing trade deficits. Corpus Christi, a Gulf Coast city 400 miles (640 …

Full content: Florida-based insurance broker King Risk Partners announced it has acquired Jenkins Insurance, an independent insurance agency based in Harrisonburg, Virginia. Jenkins Insurance has been serving Harrisonburg, Rockingham, and the surrounding regions of Virginia for more than 40 years. The agency …

Full content: A mass shooting early Sunday at a crowded bar on an idyllic island considered to be the largest Gullah community on the South Carolina coast has left four people dead and at least 20 injured, officials said. A large crowd …

Full content: A blast in rural Tennessee that leveled an explosives plant and was felt for miles around killed 16 people and left no survivors, authorities said. The explosion left a smoldering wreck of twisted and charred metal and burned-out vehicles at …

Full content: An early-season nor’easter swept across the US East Coast, killing at least one person as it triggered power outages and travel delays, while across the continent a massive storm wreaked havoc on Alaska. The eastern storm will reach its peak …

Full content: Tokio Marine Kiln (TMK), the specialist insurer, announced the launch of “Enterprise Ctrl,” a comprehensive enterprise errors and omissions (E&O) insurance solution that enhances the recently launched TMK Cyber Ctrl+ suite. This first-of-its-kind integrated offering provides enhanced cyber, technology E&O, …

Full content: Some of the world’s biggest carmakers manipulated diesel emissions tests because they “would rather cheat than comply with the law,” lawyers for over 1.6 million claimants told London’s High Court on Monday, at the start of a huge trial. A …