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News – Insurance Journal

AM Best Revises Outlooks to Negative for Florida-Based Universal North America
AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” of Universal North America Insurance Co. (UNAIC), based in Sarasota, …

POSTED FEBRUARY 20, 2019 5:35 AM
Highway Fatalities in Kentucky Drop Again in 2018
Officials say traffic fatalities on Kentucky highways are down for the second year in a row. The Kentucky Office of Highway Safety that says preliminary figures show there were 722 highway fatalities in 2018, down from 782 in 2017 and …

POSTED FEBRUARY 20, 2019 5:10 AM
California Department of Insurance Issues Cease And Desist Order for Benefits Firm
The California Department of Insurance issued a Cease and Desist Order effective immediately upon NexGen Insurance Services Inc., Riverstone Capital, LLC (dba Riverstone Capital Insurance Services LLC) and its owner/operators Travis O. Bugli, James C. Kelly and Robert M. Clarke. …

POSTED FEBRUARY 19, 2019 10:42 PM
Auto-Owners Insurance to Acquire Capital Insurance Group in California
Auto-Owners Insurance has entered into a definitive agreement to acquire Monterey, Calif.-based Capital Insurance Group. Terms of the deal were not disclosed. Philo Smith & Co. was the exclusive financial advisor to Auto-Owners. Auto-Owners Insurance Group is headquartered in Lansing, …

POSTED FEBRUARY 19, 2019 10:28 PM
Supreme Court Agrees to Hear Case That Could Limit Clean Water Act
The U.S. Supreme Court on Tuesday agreed to consider limiting the scope of a landmark law aimed at curbing water pollution in a dispute pitting environmentalists against local authorities in Hawaii over a wastewater treatment plant. The justices agreed to …

POSTED FEBRUARY 19, 2019 4:46 PM
Winter Weather Advisories in Oklahoma, Texas And Arkansas
A storm system could yield snow and ice in Oklahoma, Arkansas and Texas, according to the National Weather Service. The NWS issued a winter weather advisory for Tuesday through Wednesday morning for parts of western Texas, Oklahoma and northwestern Arkansas. …

POSTED FEBRUARY 19, 2019 4:22 PM
Woman Awarded $37M by Texas Jury over Seat Belts
A Texas jury has awarded more than $37 million to a woman who sued Honda after being paralyzed in a 2015 car crash. Sarah Milburn sued the automaker over its seatbelt design after her Uber driver ran a red light …

POSTED FEBRUARY 19, 2019 4:18 PM
Wisconsin Governor to Propose Decriminalizing Marijuana
Wisconsin Gov. Tony Evers will propose decriminalizing small amounts of marijuana in his plan for the next state budget, a newspaper reported Sunday. Evers also will propose legalizing marijuana for medical conditions including cancer, post-traumatic stress disorder and chronic pain, …

POSTED FEBRUARY 19, 2019 4:16 PM
Actor Told He Can’t Copyright Dance Moves in California Lawsuit
“The Fresh Prince of Bel-Air” star Alfonso Ribeiro has been denied a copyright for the ?Carlton” dance, which he’s suing two videogame makers over. The denial from the U.S. Copyright Office was revealed last week in a motion to dismiss …

POSTED FEBRUARY 19, 2019 3:53 PM
Montana Lawsuit Over 2012 Police Tackling Injury Settled
The city of Billings has settled a lawsuit filed by a man whose rotator cuff was torn when a police officer tackled him, wrongly identifying him as a crime suspect. The Billings Gazette reports that Robert Bassett will receive $80,000 …

POSTED FEBRUARY 19, 2019 3:51 PM

NOTICE: The links and articles found on or within this news center are simply for informational purposes that we believe may be of benefit to our clients and/or website visitors. By providing these links on our website, we are not recommending or endorsing the use of the particular products or services these third parties offer. Nor does All Coverage Insurance confirm, corroborate or agree to the statistics or opinions on these links and articles. We urge you to review each website’s Privacy Policy, Disclaimers, and develop an independent opinion of the service or product for any link pursued.


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