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The Insurance Office welcomes Hersch – Detroit Lakes Tribune

Brady Hersch is now helping the community protect their home, vehicles, and life. After a career helping people find or purchase a home, Brady remains with Mid Minnesota Federal...

Did Oakland have right cyber insurance before the ransomware hack? Here’s what expert says

OAKLAND, Calif. (KGO) -- Two high-profile ransomware hacks crippling two California entities - Oakland and San Bernardino County - are raising questions about the importance of network outage and cyber liability insurance. The ABC7 News I-Team is digging into why one of the...

AIG takes over as lead insurer for Air India program

Tata AIG General Insurance Company, the Indian joint venture of Tata and AIG, has been selected as the new lead insurer for Air India’s account, according to reports from The Indian Express. The publication reports that New India Assurance had been the lead insurer...

Class action suit accuses Travelers Insurance of inflating homeowner premiums

Consumers who bought homeowners insurance from Travelers Property Casualty Corp. are allegedly routinely sold excess coverage because the company misstates its risk estimates for physical damage, according to a class action suit filed in a New Jersey federal court. Spotted on Law.com Radar: Instead...

What Does Auto Insurance Cover?

Bodily injury per person Bodily injury per accident Property damage per accident California $15,000 $30,000 $5,000  Alaska  $50,000 $100,000 $25,000 Texas $30,000 $60,000 $25,000  Your state’s minimum liability auto insurance requirements might not provide enough financial protection if an accident’s costs exceed your limits. A licensed insurance agent can help you determine how much liability coverage you need....

AM Best Revises Outlooks to Positive for Forge Insurance Company

AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating "bbb+" (Good) of Forge Insurance Company (Forge) (District of Columbia). The Credit Ratings (ratings) reflect Forge's balance sheet strength,...