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Appeals Court Rules L.A. Lakers Not Entitled to Coverage in TCPA Suit
The U.S. Ninth Circuit court of Appeals affirmed Wednesday that the Los Angeles Lakers are not entitled to insurance coverage for class allegations that the team violated the Telephone Consumer Protection Act. The allegations hold that during a game the …

POSTED AUGUST 23, 2017 7:12 PM
Florida Domestic Insurer Sawgrass Mutual to ‘Wind Down’ Operations
Just a day after being downgraded by ratings agency Demotech, Florida-based insurer Sawgrass Mutual Insurance Company has revealed it is under administrative supervision by the Florida Office of Insurance Regulation. According to an amended consent order for administrative supervision dated …

POSTED AUGUST 23, 2017 4:58 PM
A.M. Best Assigns ‘A’ Rating to New Texas Insurer, Starr Specialty
Ratings agency, A.M. Best, has assigned a Financial Strength Rating (FSR) of A (Excellent) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “a” to Starr Specialty Insurance Co. (Starr Specialty), headquartered in Dallas. The outlook assigned to these credit …

POSTED AUGUST 23, 2017 4:42 PM
Missouri Agency Changes Name to Reflect Focus on Risk Management
St. Louis, Mo.-based Powers Insurance and Benefits recently changed its name to Powers Insurance & Risk Management. Founded in 1991, the company is one of the largest family owned and operated independent insurance agencies in the bi-state region. Powers Insurance …

POSTED AUGUST 23, 2017 4:31 PM
Missouri Company Fined $700K for Breaking Rules After Worker Fatality
A Missouri plumbing company has been fined more than $700,000 for workplace safety violations, including an employee’s death. The Occupational Safety and Health Administration cited Arrow Plumbing LLC for the death of 33-year-old Donald “D.J.” Meyer and for allegedly failing …

POSTED AUGUST 23, 2017 4:26 PM
Hurricane, Storm Surge Watches Issued for Texas Coast as Harvey Nears
The National Hurricane Center has issued a storm surge watch for Texas coast from Port Mansfield to High Island and a hurricane watch from north of Port Mansfield to San Luis Pass. The government of Mexican government also issued tropical …

POSTED AUGUST 23, 2017 4:25 PM
New Lawsuit Filed Over Alleged Baylor Rape Policy Failures
A woman who reported that she’d been sexually assaulted filed a lawsuit on Aug. 21 against Baylor University, alleging questions she faced from the university shifted blame away from her attacker toward her. The lawsuit filed in a Waco federal …

POSTED AUGUST 23, 2017 4:13 PM
Denver Soon to Open Legal Marijuana Clubs
Colorado’s largest city is on the brink of licensing some of the nation’s first legal marijuana clubs. But Denver’s elaborate hurdles for potential weed-friendly coffee shops and gathering places may mean the city gets few takers for the new licenses. …

POSTED AUGUST 23, 2017 3:22 PM
Pennsylvania Commuter Train Crash Injures Dozens, None Critically
A commuter train crashed into a parked train at a suburban Philadelphia terminal early Tuesday morning, injuring dozens of passengers and the train’s operator, a transit spokeswoman said. None of the 42 people hurt in the crash suffered life-threatening injuries, …

POSTED AUGUST 23, 2017 2:21 PM
PERILS Insured Loss Estimates for Storm Thomas Remain Unchanged $293.2M
PERILS AG has disclosed its third loss estimate for windstorm Thomas, also known as Doris, which affected the British Isles, the Netherlands, Belgium and Germany on Feb. 23-24, 2017. The third estimate of the property insurance market loss for Windstorm …

POSTED AUGUST 23, 2017 2:18 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 FCI- Heritage Insurance Agency 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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