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

It Figures

40,000 The number of tourists officials estimated on Alabama beaches on Labor Day weekend when Gov. Bob Riley issued a mandatory evacuation order for some coastal parts of Mobile and Baldwin counties in response to Hurricane Gustav. $8.4 Million The …

105 Workers Comp Carriers Enter West Virginia

Since West Virginia opened its workers’ compensation insurance market on July 1 of this year, 105 insurance carriers have entered the field and begun to write policies, according to Insurance Commissioner Jane L. Cline.. When the workers’ compensation market opened, …

Court Clashes over Katrina Wind Damage Winding Down in Mississippi

It took three years for Mississippi resident, Scott Gordon, to resolve the dispute that Hurricane Katrina spawned with his insurance company. Anything resembling a full recovery from the storm will take much longer. “There are some scars that will probably …

Hope is Not an Agency Plan

Despite current market conditions, as I travel from state to state, I find the goal of almost every independent agent is to grow personal lines business. The basis of this organic growth strategy is adding new clients or increasing the …

North Carolina Beach Plan Reserves Under Scrutiny

The North Carolina Legislature has formed a committee to study the North Carolina Insurance Underwriting Association’s (Beach Plan) ability to respond financially to a significant hurricane landfall. State Rep. Bruce Goforth, D-Asheville, co-chair of the House Insurance Committee, said the …

People

Jacksonville, Florida-based Harden & Associates, an insurance brokerage company, promoted Dustin Theilacker to chief information officer. As CIO, Theilacker will continue to provide technology vision and leadership for developing and implementing information technology initiatives. Theilacker previously held the position of …

How Agents Prepared and Fared as Gustav Hit Gulf States

On the morning of Sept. 1, Gustav’s eye made landfall on the Louisiana coast just shy of Category 3 status. Experts estimate Gustav caused about $8 billion to $10 billion in insured damage. On Aug. 29 as Hurricane Gustav headed …

Declarations

Alabama Beach Progress “Unlike a hurricane which can strike swiftly and forcibly, it often takes time and deliberation to implement changes in policy but members of the Beach Pool are proud to report the significant progress we’ve made over the …

Alabama Names Ridling as Insurance Commissioner

Alabama Gov. Bob Riley filled a recently vacated opening on his cabinet, naming a commissioner to head the Department of Insurance. Jim L. Ridling takes over the position from Walter Bell, who announced in August he was resigning to become …

It Figures

$5 Million The Army Corps of Engineer says it has awarded a $5 million construction contract for a Fargo, N. D., flood project. The corps says the contract is going to Rising Sun Construction Inc., of Fargo for a project …