News
What the Government Shutdown Revealed about the Vulnerabilities of the National Flood Insurance Program
6+ hour, 56+ min ago (167+ words) Last year's federal government shutdown spotlighted a critical vulnerability to the availability of the National Flood Insurance Program (NFIP) and the ripple effects for commercial and residential policyholders, buyers, lenders, and real'estate professionals when government-backed flood coverage becomes unavailable or…...
Insurance Planning Remains a Key Consideration for Homeowners in the New Orleans Metro Area
4+ day, 2+ hour ago (486+ words) Flood insurance remains one of the most frequently misunderstood components of property protection in Southeast Louisiana," said Dan Burghardt, owner of Dan Burghardt Insurance. Standard homeowners coverage does not automatically include flood damage, and homeowners should review flood risk designations…...
Texas Regulatory Action Underscores Insurer Accountability for TPA Compliance
2+ week, 4+ day ago (198+ words) Texas Regulatory Action Underscores Insurer Accountability for TPA Compliance'The National Law Review A Florida-based insurer recently entered into a Consent Order with the Texas Department of Insurance after regulators concluded it failed to properly oversee one of its third-party administrators…...
As Winter Storm “Fern” Thaws, Take Note of Keys to Insurance Recovery
1+ mon, 1+ day ago (506+ words) As Winter Storm "Fern" Thaws, Take Note of Keys to Insurance Recovery'The National Law Review As the great thaw is underway across much of the country, Winter Storm Fern is now poised to be the most expensive weather event to…...
Three Steps to Protect Your Insurance Program During National Preparedness Month
5+ mon, 2+ week ago (420+ words) September is National Preparedness Month in the United States. This designation urges organizations and individuals to prepare for disasters and emergencies. Given the increasing frequency and severity of natural disasters, insureds could use this month to conduct a three-step insurance…...
Shutting Down Insurer’s One-Occurrence Argument: Minnesota Court of Appeals Issues Important Win for Policyholders
6+ mon, 1+ day ago (747+ words) The Minnesota Court of Appeals recently handed policyholders an important win in'Life Time, Inc. v. Zurich American Insurance Co., reversing a trial court ruling that had capped coverage under a communicable disease endorsement at the $1 million per occurrence limit. Relying on…...
California FAIR Plan Ruled UnFAIR
7+ mon, 1+ week ago (865+ words) After four years of litigation, key limitations in the California FAIR Plan fire policy were found to be unlawful in'Jay Aliff v. California FAIR Plan Association. Originally designed to be California's insurer of last resort, the California FAIR Plan has increasingly…...
Hurricane Preparedness—Insurance Tips to Help Your Business Weather the Storm
7+ mon, 2+ week ago (247+ words) Now'is the time to ensure appropriate hurricane protection and confirm that those responsible understand all essential conditions for coverage and have a clear plan in place to ensure that all necessary steps are taken in the event of a loss....
Key Texas Insurance Bills From the 89th Regular Legislative Session
7+ mon, 3+ week ago (1421+ words) The topic of insurance often causes glazed eyes in some readers not immersed in the industry, but insurance was a hot topic coming into the 89th Regular Session of the Texas Legislature. Interest stemmed not only from ongoing concerns about health…...
Newsmax Added to Russell 2000 and Russell 3000 Indexes
8+ mon, 3+ day ago (200+ words) BOCA RATON, FL / ACCESS Newswire / June 30, 2025 / Newsmax Inc. (NYSE:NMAX) ("Newsmax" or the "Company") today announced that the Company has officially been added to the U.S. small-cap Russell 2000" Index, effective as of market open on June 30, 2025, as part of FTSE Russell's…...