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

Feds Hire More than 300 New Coal Mine Safety Inspectors

The federal agency responsible for mine safety has hired more than 300 inspectors over the past two years to scour underground coal operations for unsafe working conditions. The Mine Safety and Health Administration is beefing up its inspections after a …

Flood Damage Not Limited to Flood Zones

By Removing Some of the Mystery in Flood Insurance, Agents Can Put Clients More at Ease “I don’t need flood insurance; I’m not in a ‘flood zone.’” Or, “I don’t need flood insurance because my mortgage company said I don’t …

McCain, Southeast Governors Split Over National Disaster Fund

Republican Presidential Nominee Opposes Idea that Remains Popular with Many Gulf Coast Voters A congressional proposal to create a national “catastrophe fund” to help states recover from natural disasters has put Republican presidential hopeful John McCain at odds with a …

Floridians Flock to Free Wind Inspections

More than 365,000 Florida homeowners have signed up for free wind inspections through the My Safe Florida Home program, only 35,000 inspections shy of the Florida Legislature’s goal of 400,000 by June 2009. The first-come, first-serve program will continue accepting …

It Figures

14,500 Dog bites now account for one-third of all homeowners insurance liability claims, costing $356.2 million in 2007, up 10.5 percent from the previous year, according to the Insurance Information Institute (I.I.I.). An analysis of homeowners insurance data by the …

Survey: Despite Need Only 17% of Americans Have Flood Insurance

Record widespread flooding across the Midwest has once again highlighted the catastrophic damages that flooding can cause. Yet a survey conducted for the Insurance Information Institute (I.I.I.) reveals that only 17 percent of Americans have a flood insurance policy. The …

Fraud Roundup

High Profile Attorney Scruggs Sentenced to 5 Years A high-profile Mississippi lawyer, who became unpopular on Wall Street for battling powerful companies, was sentenced to five years in prison after pleading guilty to conspiring to bribe a judge. Richard “Dickie” …

Winning as a Strategist

Thinking Strategically Can Lead to Insurance Sales Success Want to be a better insurance agent or broker? Then consider your strategy. Today’s sales professionals must be at the top of their game to win sales through competitive advantages. Successful sales …

Iowa Agents in Flooded Areas Meet the Challenges

Well Thought Out Disaster Plans Make the Difference Midwest agents with offices located in flooded areas are facing the challenge of “staying afloat,” so to speak, during the devastation of what some have called the 500-year flood event. Iowa has …

USDA Mulls Options on Midwest Flood Aid

The U.S. Agriculture Department (USDA) will look “at everything possible” to aid Midwest farmers hurt by the worst flooding in more than 15 years, Agriculture Secretary Ed Schafer said in late June. Agricultural losses in Iowa may be “in the …