Georgia Insurance Commissioner Ralph Hudgens has issued a directive ordering companies to exercise leniency in dealing with affected individuals and businesses that may experience difficulty paying premiums after the “extreme weather” last week.

Noting in part its unfavorable calendar-year loss reserve development based on past lead paint claims, A.M. Best has assigned ratings to Kingstone Insurance Co.

Noting heavy snow and rainfall in the Northeast and mid-Atlantic, Selective Insurance reported $24 million in catastrophic losses for the first quarter, but also saw gains of more than 100% in its net and operating income.

The Maryland Insurance Administration is advising insurance companies to “provide reasonable accommodations” to policyholders regarding cancellations caused by the second of two heavy snowstorms to hit the state.

The number of group disability insurance claims filed are at their lowest in November and December, ahead of a New Year’s wave of new claims, according to an analysis by a U.S. seller of group disability insurance.

French travel agencies, according to a Reuters report, have begun to induce summer holiday travelers with sunshine insurance, where they will use satellite photography to determine when cloud cover mars …  Read →