September 9, 2008
Three months after devastating floods swept parts of the state, emergency officials urged Indiana residents on Friday, September 6 to take a lesson from that disaster and prepare now for the next natural or manmade calamity. June flooding that damaged …
September 9, 2008
Louisiana’s insurance commissioner estimates insured losses from Hurricane Gustav will be $1.7 billion. Jim Donelon says he projects that figure from the losses reported thus far by the state-backed Louisiana Citizens Property Insurance Corporation, which makes up about 10 percent …
September 9, 2008
Irving, Texas-based A.D. Carlton Insurance, a wholesale broker and MGA specializing in contractors, has introduced a new general liability market for artisan contractors in Texas and Illinois. Program details include: $700 minimum premium for $1 million per occurrence limit; $250 …
September 9, 2008
During its recent Annual Membership Meeting, the Professional Insurance Agents of Louisiana (PIA of LA) elected Dale H. Spaht as president for 2008-2009. Spaht is the co-owner of Fife-Spaht Insurance Agency in Gonzales, La., and has served on the PIA …
September 9, 2008
North Dakota Secretary of State Al Jaeger says a proposal to change how North Dakota’s workers compensation agency is run will be on the statewide ballot in November. Jaeger says he has reviewed petitions submitted by the measure’s supporters, and …
September 9, 2008
The Louisiana Department of Insurance in late August issued a cease and desist order, summary suspension and fine notice to a Many, La., area insurance agent for alleged misappropriation of premiums. Nancy Campbell Murphy is alleged to have converted funds …
September 9, 2008
In late August, Texas Gov. Rick Perry named Rod Bordelon of Austin as commissioner of the Workers’ Compensation Division at the Texas Department of Insurance, replacing outgoing commissioner Albert Betts. Bordelon’s term expires Feb. 1, 2009. The Texas Department of …
September 9, 2008
Brian O. Varner has been named account representative for Dallas-based wholesale insurance broker and managing general agency, Towerstone Inc. Varner will work out of Towerstone’s new offices, 14185 Dallas Parkway, Suite 1000, Dallas, Texas 75254. Varner holds a BBA in …
September 9, 2008
Hurricane Gustav will cost the global insurance industry up to $8 billion, Swiss Reinsurance Co. said Monday. Insured damages from natural disasters through the end of August were 20 percent higher than in the same period last year, the company …
September 9, 2008
Shreveport, La.-based wholesale insurance broker, Specialty Risk Associates Inc., added Cathy Simon to the staff of the firm’s Ridgeland, Miss., office. Simon, who specializes in Transportation underwriting, began her career in Jackson, Miss. She has 24 years of experience in …