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

TDI Staff Available in Houston to Assist Victims of Hurricanes Rita and Katrina

The Texas Department of Insurance announced that beginning Sept. 26, staff members are being deployed to its Houston Insurance Assistance Center (IAC) to assist Hurricane Rita victims with their insurance questions and claims, including workers’ compensation claims. The IAC is …

Typhoon Damrey Ravages Hainan Island; Heading Towards Vietnam

Typhoon Damrey, described as the strongest storm to hit the area in 30 years, roared across China’s Hainan Island earlier today. According to news reports at least two people were killed and some 170,000 were forced to evacuate low-lying areas. …

N.C. Falls to Fifth Lowest Auto Insurance Rates in Nation

Insurance Commissioner Jim Long has announced in Raleigh, N.C. that the state now ranks as having the fifth lowest auto insurance rates in the nation, an improvement of three places over last year’s ranking as the eighth lowest. States bordering …

Insurance Commissioner Candidate to Keynote American Agents Alliance Convention

Steve Poizner, a candidate for California Insurance Commissioner, will deliver the keynote address at the 2005 Convention of the American Agents Alliance. Poizner, a Silicon Valley Republican candidate, replaces current Insurance Commissioner John Garamendi on the Convention agenda. Garamendi withdrew …

St. Paul Travelers Issues Hurricane Katrina Loss Estimates

The St. Paul Travelers Companies Inc. announced that its preliminary estimate for losses relating to Hurricane Katrina is approximately $800 million, after tax and after the impact of reinsurance, and including the cost of reinsurance reinstatement premiums. The $800 million …

Ohio Weighs High-Risk Health Insurance Pool

The Ohio Legislature is looking at plans to help patients with expensive conditions – lung disease, cancer, multiple sclerosis and other ailments – buy the drugs they need for treatment. However, the plans would only cover those who are unable …

Floridians Warned: Hire Reputable Contractors for Hurricane Cleanup

Florida Attorney General Charlie Crist has advised Floridians affected by Hurricane Rita to use extra caution when hiring workers to help clean up the damage caused by the storm. In particular, Crist warned those who are victims of flooding to …

Superior Access Insurance Services Opens New Irvine Facility

Superior Access Insurance Services Inc. has moved to its new 23,000 square foot facility in Irvine, Calif. The new facility is designed to more adequately house a staff increase of more than 50 percent this year and meet the agents’ …

Miss. Commissioner Dale Reports Katrina Claims Approach 500,000

Almost half a million insurance claims have been submitted by policy-holders whose property was damaged by Hurricane Katrina in Mississippi, Alabama and Louisiana, according to George Dale, Mississippi Insurance Commissioner. “The insurance industry has just been overwhelmed by this storm,” …

WellCare to Offer PDP Plans in Miss., S.C., W.V.

Tampa, Fla.-based WellCare Health Plans Inc. has been selected by the Centers for Medicare & Medicaid Services to provide prescription drug plan coverage to Medicare beneficiaries in South Carolina, Mississippi and West Virginia. In addition, for most of the 10 …