Monthly Archives: <span>July 2006</span>

Former FEMA director promotes government-industry disaster mediation

News Currents Federal and state governments should work with private insurance companies to sponsor disaster mediation programs, according to a former head of the Federal Emergency Management Agency. James Lee Witt, president of James Lee Witt Associates and FEMA director …

FAIA cat team volunteers honored for helping during Hurricane Katrina

Veronica Della Porta, chairman of the Florida Association of Insurance Agents, recognized catastrophe team volunteers who traveled to hard-hit areas and assisted victims during 2005, when hurricanes hit the southeast U.S. Bay St. Louis, Miss., agents David and Angelyn Treutel …

10 Former FEMA director promotes mediation

Says feds, state governments should work together 10 W. Va. Insurance Commission cracks down 2,000 employers without workers’ comp targeted 11 FAIA CAT team volunteers honored Provided assistance to Miss. agents after Hurricane Katrina 11 Miss. hikes housing grants 35 …

W. Va. cracking down on 2,000 employers without workers’ comp

The West Virginia Insurance Commission is cracking down on an estimated 2,000 employers in the state who do not have workers’ compensation insurance, which is required by law. When an employee of an uninsured employer gets injured, he or she …

Csiszar tells agents major shift essential to entice carriers to Florida

News Currents Insurers look at Florida’s government as a heavy-handed, intrusive, oppressive regulatory regime that does more harm than good to property insurance markets. According to Ernie Csiszar, president and CEO of the Property Casualty Insurers Association of America, Florida’s …

Take the pollution out of the D&O policy

Is your directors and officers policy polluted? Shareholders and environmental groups are taking a closer look at the environmental disclosures made by public companies. The U.S. General Accounting Office issued a report in July 2004, questioning the transparency of environmental …

Hurricane consultant outlines mitigation steps

According to a consultant for the Federal Alliance for Safe Homes, Florida’s building codes, which were approved in 2001, are working. He also says that Hurricane Charlie was a “model” hurricane in the sense that it was exactly what the …

Miss. housing grants increased by 35 percent

Mississippi has increased by 35 percent insurance values used in calculating homeowner grant amounts to compensate for higher post-Katrina construction costs. According to Scott Hamilton, spokesman for the Mississippi Development Authority, in Jackson, Miss., the action came after officials realized …

Applications for Mississippi grant program

16,500 Insurance value increase 35 percent Cap = $150,000

Fidelity National P/C acquires Southern Family flood policies

Fidelity National Property and Casualty Insurance Co. has received approval from the Circuit Court of Florida to purchase all of the existing flood insurance policies of Southern Family Insurance Co. through the Florida Department of Financial Services. Fidelity National Property …