July 24, 2006
FloodSmart.gov provides easy way for agents to stay up-to-date on marketing tools For more than 35 years, the National Flood Insurance Program (NFIP) has offered flood insurance to homeowners, renters and business owners to protect their assets, while also providing …
July 24, 2006
The change may make it easier, more attractive for non-U.S. based reinsurers to write more U.S. business In an abrupt departure from procedures that have been in place since World War II, the National Association of Insurance Commissioners took a …
July 24, 2006
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 …
July 24, 2006
Colemont Insurance Brokers has promoted Elizabeth Dalla-Valle assistant vice president of its Atlanta office. She has experience both as an underwriter and as a wholesaler. Dalla-Valle joined Colemont in 2001. She has more than 30 years of domestic and international …
July 24, 2006
Unless the state adopts a comprehensive and workable plan, accumulating financial stress could destroy the viability of the Florida insurance market and leave millions of Floridians without affordable and reliable insurance coverage, according to Sen. Rod Smith, of Alachua, Fla, …
July 24, 2006
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 …
July 24, 2006
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 …
July 24, 2006
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 …
July 24, 2006
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 in the …
July 24, 2006
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 …