Monthly Archives: <span>June 2007</span>

Business Moves

BB&T, Reese BB&T Insurance Services plans to expand its metro Atlanta operation with the acquisition of Reese Insurance Associates Inc. of Riverdale, Ga., which sells commercial and personal property and casualty coverage and group benefits. The transaction is expected to …

Storms of 2007

The National Hurricane Center has identified the names that will be used during 2007 to designate storms. Names of storms that are particularly destructive or deadly are retired and replaced. Names beginning with the letters Q, U, X, Y and …

Richardson: S.C. went the ‘right way’ with hurricane law

The South Carolina House of Representatives and Senate recently agreed to changes to coastal omnibus hurricane legislation, which include extending the notice for homeowners whose insurance would be canceled to 90 days during hurricane season. The measure also increases the …

News Currents

S.C. reforms workers’ comp fraud, injury reporting laws Legislation gets tougher with cheaters and closes state’s Second Injury Fund Employers who lie about what their workers do to save money on workers’ compensation premiums would face fines and prison time …

Editor’s Note: 5 steps to safety

With experts predicting an active hurricane season this year, it is more important than ever for homeowners to guard against property damage from storms and take the proper precautions to reduce that damage. That’s according to the Insurance Information Institute …

People

Gregg Effner has joined The Main Street America Group as assistant vice president of distribution management. Effner will be based at the headquarters in Jacksonville, Fla., and report to Doug Eden, senior vice president of field operations. In this newly …

Inland businesses can be hurt when coastal storms strike

It took O’Charley’s regional operations director in Hattiesburg, Miss., most of a week to get in touch with the restaurant chain’s Nashville headquarters after Hurricane Katrina pounded the Gulf Coast two summers ago. This summer, though, Dan Hunter has a …

Rasberry exits Miss. race

Jim Rasberry has withdrawn as a candidate for Mississippi insurance commissioner. Rasberry, president of Rasberry Financial Services in Laurel, said that he was withdrawing from the Democratic Party primary because it was “difficult to obtain a firm footing in this …

News Currents

Florida and Louisiana take different paths on insurance woes Industry prefers government approach taken by Democrat Blanco over Republican Crist Florida and Louisiana are hurricane-prone states with similar property insurance problems, but their governors are taking wildly different approaches to …

Fla. extends police, firefighter workers’ compensation benefits

Florida police, firefighters, paramedics and other first responders would have an easier time becoming eligible for workers’ compensation benefits, and would get a better package of benefits under legislation signed into law earlier this month by Gov. Charlie Crist. The …