August 29, 2005
As Hurricane Katrina moves out of Louisiana and into neighboring Mississippi, officials with the Louisiana State Police told Insurance Journal Monday afternoon that conditions do not warrant residents or adjusters venturing out to inspect damaged properties at this point. Lt. …
August 29, 2005
Policyholders with questions regarding their coverage for damage caused by Hurricane Katrina should contact their insurance agent or company representative. To assist consumers, special toll-free numbers have been set up by insurance companies. This and other hurricane-related information can be …
August 29, 2005
A Jay, Okla., woman received a three-year deferred sentence and was ordered to pay $3,692.50 in restitution after pleading guilty in Delaware County District Court, state Attorney General Drew Edmondson said. Gregoria Lopez, also known as Gloria Lopez, 51, was …
August 29, 2005
Dallas-based Cunningham Lindsey U.S. (CLUS) announced it has deployed catastrophe teams across Florida, Louisiana, Alabama and Mississippi in response to Hurricane Katrina. Catastrophe offices have been established, and branch offices have been reinforced to deliver the promises made to our …
August 29, 2005
ABD Insurance and Financial Services, a provider of global risk management and employee benefits solutions, is exapnding in San Diego County by the opening of new offices in Carlsbad. Already established in the greater San Diego area with clients in …
August 29, 2005
Oakland, Calif.-based EQECAT, Inc., Oakland, Calif., announced Sunday afternoon that based upon current information provided by the National Oceanic and Atmospheric Administration (NOAA) about Hurricane Katrina, preliminary estimated insured losses could range from $15 billion to more than $30 billion, …
August 29, 2005
XL America Inc. (“XL America”), the holding company for XL Capital Ltd’s U.S. operations, announced that it has entered into an agreement with the San Antonio, Texas-based Argonaut Group to acquire the renewal rights to a substantial portion of Argonaut …
August 29, 2005
About $3 million was returned to South Dakota consumers in fiscal year 2005 from the South Dakota Division of Insurance’s consumer assistance program, according to the department’s division director. According to division director Merle Scheiber, $2,957,416.36 was returned to citizens, …
August 29, 2005
Calfornia Insurance Commissioner John Garamendi has ordered Investors Title Company agreed to end illegal rebating activities and pay a $1 million fine. The settlement was reached following a six-month California Department of Insurance (CDI) investigation into accusations that the company …
August 29, 2005
At noon Monday, Hurricane Katrina’s sustained winds had decreased to 105 mph, with higher gusts and it was a Category 2 hurricane, leaving in its wake damage from Florida to Louisiana. The center of Katrina was at latitude 30.8 north, …