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

Former S.D. Teacher and Coach Wants School’s Coverage for Legal Bills

Former South Dakota teacher and coach Andy Tate wants the Mitchell School District’s insurance to cover the $25,000 in legal bills he spent to defend himself in a lawsuit brought by a former student. Brittany Plamp said in her lawsuit …

Roach Howard Smith & Barton Adds Henderson as VP

Dallas-based independent insurance brokerage Roach Howard Smith & Barton added sales executive Scott Henderson to its Commercial Risk Management Insurance division. Henderson joins as vice president, bringing 18 years of sales experience to the firm. Henderson has extensive sales experience …

Texas Mutual Pays $150M in Dividends

Texas Mutual Insurance Company recently began returning $150 million in policyholder dividends. About 38,000 policyholders will receive a dividend based on their premium size, loss ratio and history with Texas Mutual. The dividend plan, the largest in the company’s history, …

Damages from Hurricane Dolly May Reach $750 Million

Catastrophe risk specialist RMS says the insurance bill for damage from Hurricane Dolly, which hit Southwest Texas on July 23, may go as high as $750 million, while Boston-based AIR Worldwide estimates damages to come in between $350 million and …

Newt Gingrich to speak at Eighth Annual Target Markets Summit

Target Markets Program Administrators Association – Wilmington, DE, July 2008. The Target Markets Program Administrators Association (TMPAA) has announced that Newt Gingrich, former Speaker of the U.S. House of Representatives, author of the “Contract with America,” and Time magazine’s 1995 …

North Carolina Reaches Deal in Mobile Homeowners Insurance Rate Case

North Carolina Insurance Commissioner Jim Long reached an agreement with insurance companies that want to charge more for mobile homeowner’s insurance. This is the first mobile homeowners rate case in 26 years, Long said. The North Carolina Rate Bureau, which …

PartnerRe to Release Q2 Results Today; Conference Call Details

Bermuda-based PartnerRe Ltd. will release its 2008 second quarter and half year results after the market close today, Monday, July 28. PartnerRe senior management will conduct a dial-in conference call, which will include a question and answer period, on Tuesday, …

Court Asked to Drop Charges in Mississippi Lawyers’ Bribery Attempt

U.S. Attorney Jim Greenlee has asked the court to dismiss remaining charges against attorney Richard “Dickie” Scruggs and two others ensnared in a judicial bribery scheme. One motion asks to dismiss the six-count indictment against Scruggs’ son Zach, who pleaded …

Storm Blows Off Roofs in San Antonio

Several roofs were reported blown off houses and businesses on San Antonio’s south side as the remnants of Hurricane Dolly blew through. There were no initial reports of injuries. The National Weather Service sent a storm survey team to determine …

Indiana Farmers Seek More Flood Control for Kankakee River

A group of northwestern Indiana farmers who say some of their cropland flooded this spring because state officials failed to repair a breached river bank are pushing for more local control over the region’s flood-prone waterways. Members of Farmers for …