September 19, 2008
NSM Insurance Group has appointed Bill McKernan as president of the national insurance program administrator and brokerage company headquartered in Conshohocken, Pa. Geof McKernan will continue in his role as chief executive officer and retain primary responsibility for strategic planning, …
September 19, 2008
A former North Dakota workers’ compensation executive claims in a lawsuit that agency attorneys and board members plotted to fire him for talking to investigators about possible crimes at Workforce Safety and Insurance (WSI). In court papers, lawyers for WSI …
September 19, 2008
Texas’ top agriculture official has asked his federal counterparts for money to help Southeast Texas ranchers and farmers deal with the long-term needs created by Hurricane Ike. No dollar amount was specified but it will be in the “millions,” said …
September 19, 2008
A Missouri physicians’ group plans to build a new medical office building in Galena, Kan., citing lower malpractice insurance costs across the state line. Dr. Christopher Banwart, a member of Orthopedic Specialists of the Four States in Joplin, said Kansas’ …
September 19, 2008
Twenty-five Louisiana parishes are now able to get federal aid to rebuild their buildings and facilities damaged by Hurricane Gustav. The Federal Emergency Management Agency has extended its Gustav disaster declaration in Louisiana for those parishes from just reimbursement of …
September 19, 2008
The Kentucky Department of Insurance continues to assess insurance company response to the devastating Sept. 14 windstorms. The storms caused widespread damage, according to reports that insurers submitted to DOI, but company representatives were on the ground quickly to begin …
September 19, 2008
A Texas consumer group took issue with the state-chartered windstorm insurance association over its refusal to pay coastal residents for storm surge damage in Hurricane Ike. The Texas Windstorm Insurance Association says it only intends to pay Gulf Coast policyholders …
September 19, 2008
Reuters reports that Representative Barney Frank (D – Mass.) has introduced a bill to extend the National Flood Insurance Program (NFIP) seven months beyond the scheduled September 30, 2008, expiration date to allow lawmakers to iron out “deep disagreements.” Adding …
September 19, 2008
The North Carolina Legislature recently mandated a committee to study the North Carolina Insurance Underwriting Association’s (Beach Plan) ability to respond financially to a significant hurricane landfall. The first meeting of the Joint Select Study Committee on the Potential Impact …
September 19, 2008
Mecklenburg County, N.C. could spend more than $4 million to buy as many as 50 homes that suffered serious flood damage after Tropical Storm Fay and other storms. The Charlotte Observer reported Sept. 17 the voluntary program would be limited …