Two Florida lawmakers, Sen. Bill Nelson (D-Fla.) and U.S. Rep. Mark Foley (R-Fla.), have voiced support for a national catastrophe fund insurance companies would establish to provide extra funding in the event of catastrophes such as Hurricane Katrina. Nelson told …
The aftermath of Hurricane Katrina’s crushing blow to Louisiana and Mississippi makes one wonder, how long it will take for everything to get back to normal, and will it? Last week, I talked to several insurance agency owners in Mississippi …
This recurring feature examines insurance coverage decisions in the Midwest’s appellate courts, as compiled by the New York-based law firm of Goldberg Segalla LLC and edited by insurance lawyer Kevin T. Merriman (kmerriman@goldbergsegalla.com). Cain vs. Griffin (Indiana Court of Appeals, …
In the wake of Hurricane Katrina, insurers in the Midwest rose to the challenge, not only by getting adjusters on the ground as quickly as possible, but offering volunteer services and monetary contributions as well. The efforts ranging from the …
Led Zeppelin, “When the Levee Breaks” When the news media first began bleating about the developing storm that became Hurricane Katrina, I had my doubts. As a long-time observer of the insurance industry, I’ve become somewhat desensitized to catastrophes. I’ve …
The first health insurance cooperative in Wisconsin is set to be introduced this month to help small businesses, nonprofits and individuals negotiate affordable insurance plans. According to Associated Press, Co-op Care of Southeastern Wisconsin is preparing to roll out its …
Former insurance industry advocate Mike Chrysler has recently been appointed as the Indiana Economic Development Corporation’s (IEDC) Director of Insurance Initiatives. Chrysler, an Indiana native and former assistant vice president of government affairs for the Insurance Institute of Indiana, has …
This recurring feature examines insurance coverage decisions in the Midwest’s appellate courts, as compiled by the New York-based law firm of Goldberg Segalla LLC and edited by insurance lawyer Kevin T. Merriman (kmerriman@goldbergsegalla.com). Cain vs. Griffin (Indiana Court of Appeals, …
A Wisconsin Senate Committee has killed the “all sums” bill, a measure vehemently opposed by the insurance industry. A.B. 222 (Senate Bill 137), was defeated in the Senate Committee on Agriculture and Insurance by a vote of 6-1 on Sept. …
Although the insurance industry – and the rest of us – are waiting for the other shoe to drop in the wake of Hurricane Katrina’s estimated $20 billion to $35 billion in insured losses, business in the heartland states of …
