Texas has a new insurance commissioner. Texas Gov. Greg Abbott has named Kent Sullivan to serve as insurance commissioner and head of the Texas Department of Insurance. His term expires Feb. 1, 2019. The post has been vacant following the death of David Mattax in April. Since then, a delegation order has been in place […]

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A major computer hack at America’s top stock market regulator is the latest sign that data stored in the highest reaches of the U.S. government remains vulnerable to cyber attacks, despite efforts across multiple presidencies to limit high-profile breaches that are so frequent many consider them routine. In recent years, nation-state and criminal hackers, as […]

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Scientists at a Nevada earthquake lab this week tested new bridge designs with connectors they say are innovative and created to better withstand violent temblors and speed reconstruction efforts after major quake damage. University of Nevada, Reno engineers performed the experiments on a giant “shake table” to simulate violent motions of an earthquake to rattle […]

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After a 7.1 earthquake, Mexico City inhabitants went to the streets to help to rescue those persons caught in the collapsed buildings./ Sara_Escobar / Shutterstock.com Insured losses from the magnitude 7.1 earthquake that struck central Mexico Sept. 19 will be between 13 billion and 36.7 billion Mexican pesos ($726.7 million and $2.05 billion), according to […]

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Insured losses in the Caribbean from Hurricane Maria will likely top $1 billion, and economic losses could be much more severe, according to Impact Forecasting’s “Weekly Cat Report September 22, 2017,” issued by the Aon Benfield unit early Friday. This even as much of the storm’s damage remains to be discovered. “With Hurricane Maria still […]

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Texas Gov. Greg Abbott has appointed Kent Sullivan as Insurance Commissioner for a term set to expire Feb. 1, 2019. Mr. Sullivan is a partner at Jackson Walker L.L.P. based in Austin, Texas, and previously served as a justice on the state’s 14th Court of Appeals, first assistant attorney general for the Texas Office of […]

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The California Division of Workers’ Compensation announced Thursday that it has suspended six medical providers from participating in California’s workers compensation system, bringing the total number of suspended providers this year to 38.  State law requires the division’s administrative director to suspend any medical provider, physician, or practitioner from participating in the workers comp system […]

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Business Insurance on Friday announced the honorees for its first international version of Women to Watch, recognizing honorees from Europe, the Middle East and Africa. Business Insurance started the Women to Watch awards program in 2006 to recognize women leaders doing outstanding work in risk management and commercial insurance. Business Insurance readers nominated candidates for Women to Watch, and […]

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The United States and the European Union on Friday will sign a covered agreement to address the U.S. lack of equivalency related to the bloc’s Solvency II directive for the insurance industry. The bilateral agreement between the jurisdictions was reached in the waning days of the Obama administration  and has been under review by the […]

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