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The PURE Group Expands Excess & Surplus Lines Offering Into California
The PURE Group has expanded its excess & surplus (E&S) high net worth offering, PURE Programs, into California. The coverage is tailored to high value, high-risk homes with broader coverage than is typically found in the high net worth E&S …

POSTED DECEMBER 13, 2018 5:43 AM
Senate OK of Farm Bill Sends It to President Trump Who Is Expected to Sign It
The House cleared farm legislation that renews agricultural subsidies and food aid for low-income families without a controversial provision backed by conservatives and President Donald Trump that would have toughened work requirements to qualify for assistance. The bill passed 369 …

POSTED DECEMBER 13, 2018 1:54 AM
Report: Workers’ Comp Premiums in California for First 9 Months of the Year Down 3%
The Workers’ Compensation Rating Bureau of California issued its quarterly experience report on Wednesday showing premium for the first nine months of 2018 was 3 percent below the same period for 2017. The WCIRB issued a report in September that …

POSTED DECEMBER 13, 2018 12:50 AM
UK Prime Minister Survives Confidence Vote but Party Is Bitterly Divided
Prime Minister Theresa May survived a confidence vote from her Conservative party on Wednesday, but more than a third of her lawmakers said she was no longer the right leader to implement Britain’s exit from the European Union. Britain’s March …

POSTED DECEMBER 12, 2018 10:48 PM
Official Figure on Insured Losses for 2018 California Wildfires Reaches $9B
The official tally for insured losses from this year’s major California wildfires is $9.05 billion – for now. California Insurance Commissioner Dave Jones on Wednesday released official figures for losses from the Camp Fire in Northern California and the Woolsey …

POSTED DECEMBER 12, 2018 7:09 PM
AM Best Downgrades Ratings of Mercury in California, Wildfires a Factor
AM Best has downgraded the Financial Strength Rating (FSR) to A (Excellent) from A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “a+” from “aa-” for the members of Los Angeles, Calif.-based Mercury Casualty Group. The record wildfires …

POSTED DECEMBER 12, 2018 6:41 PM
Refreezing Still Threatens Roads After Southern Snowstorm
Seesawing temperatures across several southern states were gradually melting snow from a wintry storm, but also “transforming slushy roads into treacherous ice,” one governor warned Tuesday. Scores of schools in Virginia and North Carolina were closed for a second day, …

POSTED DECEMBER 12, 2018 5:59 PM
Wet Harvest Leads to $77M Loss for Arkansas Soybean Farmers
Agriculture experts say Arkansas soybean farmers have lost at least $77 million this year after heavy rainfall interrupted harvest season and damaged the quality of the crop. The Arkansas Democrat-Gazette reports that University of Arkansas researchers found that wet conditions …

POSTED DECEMBER 12, 2018 5:36 PM
June 20 Still the Cut Off Date for Dicamba Use in Minnesota
Minnesota is maintaining its June 20 cutoff date for farmers to use the herbicide dicamba, which has been blamed for drifting and damaging neighboring soybean fields. The Minnesota Department of Agriculture imposed the cutoff for 2018 after getting 253 reports …

POSTED DECEMBER 12, 2018 5:34 PM
Texas Agency, The Nitsche Group, Named to Baylor’s Family Business Hall of Fame
The Nitsche Group, an independent insurance agency headquartered in Giddings, Texas, has been inducted into the Hall of Fame during this year’s Family Business of the Year Awards Program hosted by Baylor University. The Nitsche Group is among only two …

POSTED DECEMBER 12, 2018 5:32 PM

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