The Louisiana Supreme Court on May 21 upheld an appeals court’s decision regarding the state’s “valued policy law” (VPL) in a “wind versus water” case stemming from Hurricane Rita in 2005. The plaintiffs in Mark Landry and Barbara Landry V. …
A Crime Epidemic “The increasing value of copper has made it a valuable commodity, and subsequently an attractive target for criminals. … This is a crime happening throughout the state, and it’s costing our citizens hundreds of thousands of dollars …
Earlier North Texas storms rack up more than $200 million in damages Trees downed in May 14 storm damaged this house in central Austin. Back-to-back storm systems that surprised Central Texas overnight May 14-15 with intense winds and heavy hail …
Florida, Louisiana and Texas may be most at risk The credit crunch in the U.S. financial markets that boiled over due to the subprime mortgage meltdown may affect the ability of insurers and reinsurers that cover coastal areas to raise …
May 18-24, 2008, marked National Insurance Women’s Week, a celebration recognizing the contributions women are making in all areas of the insurance industry. The National Association of Insurance Women began NAIW Week as National Insurance Women’s Day on May 10, …
Lafayette incident notwithstanding, rail accidents down nearly 25 percent nationally More than 3,000 residents of Lafayette, La., were evacuated May 17, 2008, when a train derailed on a bridge, spilling 10,000 gallons of hydrochloric acid. The Associated Press reported that …
Specialty Insurance Managers Inc. CEO Frank R. Berry and President Diana G. Berry are retiring. The Austin, Texas-based managing general agency chose to perpetuate by passing the leadership of the firm to Mike Berry, chairman and CEO; Sherri Hendricks, president; …
The odd-numbered year scenario could come as close to predicting hurricanes as hurricane forecasting experts have recently. Gulf Coast residents: It’s time to cross your fingers, pull out the old rabbit’s foot, avoid breaking mirrors or walking under ladders, knock …
Thirty-nine percent of Harris County, Texas, and surrounding area residents won’t evacuate if a major hurricane was heading for Houston if the results from a survey by Allstate Insurance Company hold true. Among those who said they would stay home, …
Hurricanes often lift the roofs off buildings and expose them to damaging conditions, even after the worst of the wind has passed. Now, a roofer, Virginia Tech architecture and engineering faculty members and a graduate student have devised an inexpensive …
