Monthly Archives: <span>May 2008</span>

Alabama Coastal Insurance Bill Opposed by Alfa Passes in Senate

Legislation aimed at expanding insurance pool coverage for coastal residents in Alabama and opposed by insurance giant Alfa passed in the state Senate after appearing to be doomed. The bill’s sponsor, Sen. Ben Brooks, R-Mobile, said the bill would help …

Judge: Corps of Engineers Can Be Sued for Katrina Flooding

The Army Corps of Engineers can be held liable for flood damage caused by a “hurricane highway,” a navigation channel that is believed to have funneled Hurricane Katrina’s storm surge into the city, a federal judge ruled May 2. The …

La. Suspends License, Fines Agent Accused of Pocketing Premiums

Jennifer Mason Hudspeth, a Lacombe, La., area insurance agent facing charges that she misappropriated insurance premiums has been served with a cease and desist order, summary suspension and a $5,000 fine notice for allegedly accepting more than $2,800 in cash …

Illinois School Damaged by Earthquake

The 5.2 magnitude earthquake that struck the Midwest last month has caused damage to a gym at an elementary school in East Alton,. Ill. Officials at Eastwood elementary School have roped off the gym with yellow caution tape and closed …

Richardson Joins State Auto’s Middle Market and Large Account Unit

Todd Richardson joined State Auto Insurance Company’s Austin, Texas-based Middle Market and Large Account (SAMMI) facility. Richardson brings more than 19 years of experience to his new role as a SAMMI account executive. Richardson will build the SAMMI presence in …

7 Die in Arkansas Storms, Raising Year’s Weather-Related Death Toll

Residents of communities across Arkansas on May 2 faced the wreckage of homes torn apart by violent weather that has pushed this year’s storm death toll in the southern state up to 26. “You can see the bags under the …

West Virginia Officials: Source of Fires May Never be Known

West Virginia Officials may never know the source of gas buildup that caused two small fires and prompted a handful of evacuations in the Marion County community of Metz. The Delaney family was asleep when an explosion “lifted the house …

Report on Fire that Killed 9 South Carolina Firefighters Delayed

Charleston, S.C. officials say the release of a report investigating the deaths of nine firefighters in a furniture store blaze has been indefinitely delayed. A panel of experts compiling the report hoped to deliver it to the city during the …

Main Street Insurance Agents Facing ‘Trojan Horses,’ Says Agent Leader

Main Street insurance agents are facing an onslaught with a number of “Trojan Horses” suddenly appearing, all designed to help their competitors win over market share. That is the assessment of the President-elect of the National Association of Professional Insurance …

Iowa Officials Review Insurance Coverage for Carnivals

Just as the season is kicking off, lawmakers in Sioux City, Iowa plan to discuss just how much insurance coverage outdoor circus and carnival promoters must have to set up merry-go-rounds within the city. Last year, the City Council increased …