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

Auto Insurers Fail to Catch Most New Shoppers: J.D. Power

On average, auto insurance companies quote and successfully sign only two percent of all auto insurance shoppers, according to the J.D. Power and Associates 2008 Insurance Escaped Shopper Study. The study finds that 36 percent of auto insurance customers have …

Texas Regulators Suspend Premium Payments for Ike Victims

In the aftermath of Hurricane Ike, the Texas Department of Insurance has directed insurance carriers to “to provide prompt and immediate relief” to residents and policyholders impacted by the storm, “including but not limited to the suspension of premium payments …

Most of Louisiana’s Coast Flooded by Ike

Northerly winds began blowing into southern Louisiana on Monday, a change that officials hoped would help clear lingering floodwaters pushed in by Hurricane Ike. Tim Destri, a National Weather Service meteorologist said tides had already been easing and the situation …

High Winds Cause Damage, at Least 1 Death in Kentucky

High winds from the remnants of Hurricane Ike are being blamed for at least one death in Kentucky. Shelby County Deputy Coroner Janet Morris says 10-year-old Frederick Wilson died Sept. 14 after being struck by a large limb while mowing …

Asbestos Discovery in West Virginia Results in Post Office Closure

The discovery of asbestos in crumbled ceiling tile resulted in the temporary closure of the Davis, West Virginia Post Office. U.S. Postal Service officials don’t yet know when the Tucker County site will reopen. The Thomas Post Office is now …

105 New Workers’ Comp Providers Writing in West Virginia

Since West Virginia opened its workers’ compensation insurance market on July 1, 105 insurance carriers entered the field and wrote policies, according to Insurance Commissioner Jane L. Cline. When the workers’ compensation market opened, 176 companies filed with the West …

Death Toll Rises to 6 in Midwest; 7 Counties Declared Emergency Areas

Though some flood waters are receding and some residents in the Chicago area able to go home to begin the clean-up, the Department of Homeland Security confirmed on Tuesday, Sept.16, that six people had died in flood related circumstances. According …

Greenberg Tells CNBC: Saving AIG is in ‘National Interest’

The man who built and ran global insurance giant American International Group for more than 35 years says it is in the “national interest that AIG survive.” Speaking in an interview on CNBC-TV, Maurice “Hank” Greenbeg, former AIG chief executive …

Heffernan Insurance Brokers Appoint Maciorowski Vice President in Missouri

Heffernan Insurance Brokers today announced the appointment of Greg Maciorowski as vice president in its Midwest practice group, based in Missouri. In this role, Greg will be charged with new business development for property and casualty risks, focusing on large …

Poll: Few New Jersey Residents Support Lower Drinking Age

A new poll shows few New Jersey residents support lowering the drinking age from 21 to 18. A Fairleigh Dickinson-PublicMind poll shows just 18 percent of New Jerseyans surveyed would support lowering the age, while 76 percent favor leaving it …