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Two Bills Relating to Auto Insurance Claims Practices Advance in Texas

Two Bills Relating to Auto Insurance Claims Practices Advance in Texas May 11, 2021 House Bill 359 The Texas House May 7 passed House Bill 359, which addresses delaying tactics practiced by insurers in claims involving uninsured or underinsured motorist coverage. According to legislative analysis of HB359 by Rep. Charlie Geren, District 99, the legislation was filed over “concerns that insurance carriers that delay claim evaluations, significantly undervalue claims, or delay or deny payment on valid claims are not penalized for doing so. As a result, policy holders with valid automobile insurance claims are often forced to sue their own insurance company to receive payment under their auto insurance policy’s uninsured or underinsured motorist coverage.”

The Andersons, Inc Names Gary Douglas to Board of Directors

Share this article Share this article MAUMEE, Ohio, May 7, 2021 /CNW/  The Andersons, Inc. (Nasdaq: ANDE) has named Gary Douglas to the company s Board of Directors, effective May 7, 2021. Mr. Douglas has served as president of Nationwide National Partners since March of 2013. During his time with Nationwide, he has held various leadership positions, including president and chief operating officer of Nationwide Agribusiness Insurance Company and Farmland Mutual Insurance Company, regional vice president for Allied Insurance s Central States region, regional vice president for Nationwide Insurance in New York, and associate vice president for Affinity operations. Currently, he is a member of several community and institutional boards, including the National Urban League, the National Association of Mutual Insurance Companies, the African American Leadership Academy, and the Executive Leadership Council. Mr. Douglas received his undergraduate degree from St. Cloud State Universit

Business, Interrupted: Insurance claims often denied for pandemic-related business closures

By Michelle Tuccitto Sullo After Lenny & Joe’s Fish Tale restaurant in New Haven sued its insurance provider for refusing to pay for business losses related to the coronavirus pandemic shutdown, a federal judge dismissed the case within just six months. U.S. District Court Judge Michael Shea in December granted AmGUARD Insurance Co.’s motion to dismiss the case, concluding the restaurant’s insurance policy’s virus exclusion meant any losses due to the pandemic weren’t covered. Like Lenny & Joe’s, an array of businesses, from restaurants to manufacturers and medical providers, have experienced pandemic-related losses in the past year, and several have turned to the courts when their insurance carriers denied coverage.

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