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

Coastal Growth from Texas to N.C. Lends Urgency to Hurricane Forecasts

The rapid pace of development along hurricane-prone coasts is adding a new level of urgency for forecasters to more accurately pinpoint potential storm impact zones, the director of the National Hurricane Center said. Recent studies show most coastal growth in …

Tenn. Restricts Medical Malpractice Suits

Tennessee Gov. Phil Bredesen signed into law a bill seeking to limit frivolous medical malpractice lawsuits by requiring experts to vouch for a case’s merits. The law will also require plaintiffs to give 60 days notice before filing a lawsuit. …

Florida Lifts Allstate Suspension

Florida Insurance Commissioner Kevin McCarty has lifted the suspension of the Allstate Companies’ licenses to sell new business in the state. McCarty said the decision came after Allstate submitted an affidavit certifying that it has complied with Florida law by …

Fraud fight up against budget shortfalls

But Southeast states show some progress, with auto ‘give-ups’ among the targets Budget shortfalls have slowed the progress of fraud bills in many states around the U.S. while lawmakers feverishly work to find money to run their cash-strapped governments. Even …

Tenn. Reforms Moderate Workers’ Comp Costs

Tennessee experienced a moderation in average workers’ compensation costs per claim among 14 study states, after two consecutive years of rapid cost growth and in the wake of reforms enacted in 2004, according to a Workers Compensation Research Institute study. …

More Catastrophe Fund Surcharges Likely for Florida Policyholders

Florida residents could soon be faced with increased surcharges on their home, auto and other insurance policies because the state’s catastrophe fund needs more money to pay claims from past hurricanes. The Florida Hurricane Catastrophe Fund pays claims when insurers …

Agent Charged with Murder in Death of N.C. Auditor

Authorities searching a wooded area on May 20 found the body of a North Carolina insurance investigator who prosecutors believe was killed by the owner of an agency she was auditing. Police searched for Sallie Rohrbach, 44, since she was …

Labor Rift at Greenbrier Resort Forcing Insurance Brokers to Move Meetings

A labor-management dispute at a luxury resort in West Virginia is forcing the Council of Insurance Agents & Brokers โ€” a longtime customer โ€” to search for alternate venues for its conferences. The group of commercial insurance agents and executives …

Declarations

Friend and Colleague “We are devastated that all hope is lost, but we also find a sense of closure in knowing that we can lay to rest our dear friend and colleague with the dignity and respect she deserves.” โ€”Chrissy …

People

Markel Corp. named Anthony F. (Tony) Markel vice chairman and Paul W. Springman president and chief operating officer. Markel has been associated with Markel Corp. for more than 40 years, most recently serving as president and chief operating officer since …