Monthly Archives: <span>January 2005</span>

KY. A.G. WARNS AGAINST FAKE FEMA INSPECTORS:

Kentucky homeowners have received a warning from Attorney General Gregory D. Stumbo to report individuals posing as Federal Emergency Management Agency inspectors. Stumbo’s office was notified by the Kentucky Division of Emergency Management about an unidentified individual who identified himself …

LIG MARINE MANAGERS ENHANCES MARINE COVERAGE:

Enhancements, including state act coverage for marinas, boat yards and boat builders that work exclusively on recreational vehicles less than 65 ft. have been introduced to LIG Marine Managers longshore programs. LIG Marine Managers has announced significant enhancements in its …

AMERICAN MUTUAL CLOSES OFFICE IN CHARLESTON, S.C. :

American Mutual Fire Insurance Co. has closed its offices in Charleston due to efforts by its British parent, Royal & Sun Alliance Insurance to reduce losses in the United States. At one time American Mutual had 500 employees, when it …

S.C. LAWSUIT CLAIMS HIX INSURANCE MISLED N.C. CUSTOMERS:

A class-action lawsuit filed in North Carolina’s Guilford Superior Court claims that Hix Insurance of Greensboro, S.C., misled thousands of North Carolina customers, especially Latinos, into unknowingly buying motor club memberships with automobile liability and workers’ compensation coverage. Hix has …

FRUSTRATED FLA. HOMEOWNERS UNABLE TO CASH CHECKS:

Although insurance payment checks have been cut, Florida homeowners are calling the state’s storm victim hotline to complain because they can’t cash them. Callers have been telling hotline operators that insurance companies have been making checks payable to both the …

ETHICS COMMISSION FINES GA. INSURANCE COMMISSIONER:

The Georgia State Ethics Commission has levied a $750 fine on State Insurance Commissioner John Oxendine stemming from a campaign finance report showing that he did not disclose some contributions to his state campaign finance reports in the mid-1990s. According …

DELTONA, FLA., SINKHOLE PANICS AREA HOMEONWERS:

Deltona, Fla., homeowners panicked Dec. 13 when a 225-ft. wide and 50 ft. deep sinkhole engulfed Howland Boulevard, a busy five-lane divided highway. Homeowners in a nearby residential area heard loud rumbles and grinding sounds as tree roots snapped, limestone …

S.C. INSURER ADDS EMERGENCY SERVICES:

Additional emergency medical and travel services have been offered by BlueCross BlueShield of Columbia, S.C., and Companion HealthCare to members with the company’s international BlueCard® coverage. These extra services are available for 30 days at no additional charge to BlueCard® …

How to Find New Markets

For nine years, Insurance Journal has published the annual Directory of Excess, Surplus and Specialty Markets. This issue is a resource for independent agents and brokers to help them find the markets they need. The print edition is published twice …

Are We Repeating the Past … Again’

In a collection of works titled The Life of Reason, the philosopher George Santayana wrote, “Those who cannot remember the past are condemned to repeat it.” There’s now a momentous shift underway in the property and casualty insurance markets. We’re …