March 12, 2007
Markel Insurance Co. named Thomas K. “Smitty” Smith as vice president of marketing. Smith joins Markel after three years as senior vice president and managing director of the Richmond branch of Riggs, Counselman, Michaels & Downes, which he established. Before …
March 12, 2007
The West Virginia Supreme Court voted 5-0 to refuse to hear Charleston Area Medical Center’s appeal of a 2005 circuit court ruling that upheld a physician’s right to provide his own medical malpractice insurance. The hospital had sought to overturn …
March 12, 2007
Alleging that insurers failed to pay or properly adjust claims for 200,000 policyholders in Florida by ignoring fees for rebuilding permits, a group representing homeowners has filed suits against three insurers. The Hurricane Law Group of Boca Raton, Fla., filed …
March 12, 2007
Florida clarification “It’s something the companies can live with. The clarification in this order addresses all of our concerns.” Sam Miller, Florida Insurance Council, announcing his members had dropped their suit against a Jan. 31 rule preventing them from canceling …
March 12, 2007
South Carolina’s new state insurance director rejected calls for the broad expansion of the state’s wind pool program that offers coverage for hurricane-prone areas as called for by some legislators. He said a move such as that would cost many …
March 12, 2007
135 The number of homeowners in Alabama’s Fairhope-Daphne area whose policies were set to be non-renewed by State Farm Insurance but are expected to have their coverage retained. State Farm had notified the Alabama Department of Insurance that it would …
March 12, 2007
Kentucky competes in captive horserace; keeps eye on workers’ comp Julie Mix McPeak, an attorney with more than a decade of experience in state government, was appointed executive director of the Kentucky Office of Insurance (KOI) by Gov. Ernie Fletcher …
March 12, 2007
Wedding Insurance Nuts & Bolts: Travelers recently announced the launch of the Wedding Protector Plan, which provides coverage, with no deductible, for a variety of unfortunate occurrences associated with a wedding event. For example, coverage is provided if a hurricane …
March 12, 2007
A recent change to the Florida Building Code states that if a home sustains more than 25 percent repairable damage to its roof, the entire roof must be replaced. According to Greg McLellan, a forensic consulting engineer with Miami-based Pepper …
March 12, 2007
Wind-mitigating building codes implemented in Florida following Hurricane Andrew helped some houses resist a string of deadly tornadoes that hit the state last month, says an expert wind researcher. Larry Tanner, a civil engineering research associate with Texas Tech University’s …