Officials, residents and tourists went into the evening hours Sunday in New Orleans and surrounding areas watching the skies. As rain began to fall and winds picked up, The Big Easy could be in line for a direct and catastrophic …
Having already killed seven and resulting in a variety of property damages, Hurricane Katrina set her sights on the Florida Panhandle and westward Saturday as she spun in the Gulf of Mexico. As of Saturday morning, the storm was at …
The Congressional Budget Office released a cost estimate study on Friday for the Fairness in Asbestos Injury Resolution Act (S. 852), stating that the $140 billion asbestos compensation fund being considered by Congress could be too small of an amount …
Stone Oak Underwriters, LLC of San Antonio, TX announces they are now accepting submissions from Independent Agents for Public Entities in Texas and Alabama with this new wholesale agency created by Tom Ramsbacher, President and Joe Cantu, Chief Operating Officer. …
Attorney General Charlie Crist has advised Floridians affected by Hurricane Katrina to use extra caution when hiring workers to help clean up the damage caused by the storm. In particular, the Attorney General warned those who are victims of flooding …
Risk Management Solutions (RMS), a provider of products and services for the management of catastrophe risk, said that insured losses from Hurricane Katrina’s first landfall in the U.S. are likely to range from $1 to $2 billion, based on current …
Aon Corporation CEO Patrick G. Ryan today announced plans to sell a portion of his company stock over the next year. In a statement issued today, Ryan said: “During my 42 years as CEO, I have not sold any of …
General Casualty Cos. said today it expects to pay out about $5 million in losses on the nearly 60 claims that have been filed as a result of tornados last Thursday in southeastern Wisconsin. More than 30 of the claims …
State Farm, the largest insurer of homes and automobiles in Florida and the nation, has mobilized claims adjusters to join Florida employees, agents and agents’ staff who are already assisting customers recovering from Hurricane Katrina. Members of State Farm’s Catastrophe …
Five Tampa-area clinic owners have been arrested and a warrant issued for the arrest of a sixth owner for “selling” patients, most of whom were accident victims, to diagnostic facilities that then billed auto insurers thousands of dollars in claims. …
