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  • Temporary Total Disability Rates in California for 2022 to Remain Unchanged September 15, 2021
    The Division of Workers’ Compensation in California announced that the 2022 minimum and maximum temporary total disability rates will not change. The minimum TTD will remain $203.44 and the maximum TTD rate will remain $1,356.31 per week. Labor code requires …
  • Takeaways from Our Conversation about Innovative Products and Services for the Cannabis Industry September 15, 2021
    We’re seeing a number of new cannabis insurance products being rolled out. Insurers may be gearing up for a potential 10-fold increase in sales to the booming $17 billion-a-year cannabis industry, as Congress potentially inches closer to legalizing marijuana at …
  • TDI OKs Higher TWIA Liability Limits for Manufactured Homes September 15, 2021
    The Texas Department of Insurance (TDI) approved the Texas Windstorm Insurance Association’s (TWIA’s) petition to increase its maximum liability limits on manufactured homes, but regulators said the insurer of last resort for wind and hail for properties along the Texas …
  • NSI Insurance Group Acquires Miami-Based White Cloud, Express September 15, 2021
    NSI Insurance Group, an independent insurance agency specializing in risk management, employee benefits, and insurance services for businesses and individuals, recently made its third and fourth acquisitions in the past 15 months, with the purchase of White Cloud Insurance and …
  • FEMA: $205M Approved for Michigan Recovery From June Storms, Flooding September 15, 2021
    The federal government has approved nearly $205 million to help Michiganders with disaster-related needs stemming from the June 25-26 tornadoes, severe storms and flooding in Washtenaw and Wayne counties, FEMA says. That amount includes nearly $1.1 million in claims paid …
  • Great American Insurance Launches Product for Home-Based Businesses September 15, 2021
    Cincinnati, Ohio-based Great American Insurance Group launched a new product offering designed for home-based businesses. The new product, HomeHQ, is an expansion of Great American’s online offering for small business owners, PolicySweet. HomeHQ offers coverage for business liabilities that a …
  • Nicholas Slows, Dumps Rain Along Gulf Coast September 15, 2021
    Tropical Storm Nicholas slowed to a crawl over the Houston area on Sept. 14 after making landfall earlier as a hurricane, knocking out power to a half-million homes and businesses and dumping more than a foot (30.5 centimeters) of rain …
  • Insurance, Housing Groups Urge Renewal of Flood Program That Expires Sept. 30 September 15, 2021
    The National Association of Mutual Insurance Companies, along with a large coalition of other insurance, lending and housing industry groups, is urging congressional leaders to avoid any lapse in National Flood Insurance Program coverage by renewing the NFIP before its …
  • Nominations for ‘Best Agencies to Work For’ Award Closes Tomorrow September 15, 2021
    Is your agency a Best Place to Work? Then nominate your agency as a “Best Agency to Work For” award today. The deadline tomorrow, September 16. To nominate your agency, you must be a current employee of the agency you …
  • The MGA Market Is Back, Confident and Ready to Expand September 15, 2021
    Having weathered the pandemic of 2020 and a Lloyd’s review of low performing syndicates, managing general agents and their insurer partners are in good spirits and expressing optimism about the business opportunities ahead. Despite the pandemic, confidence is recovering fast …

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