Monthly Archives: <span>February 2009</span>

Insurance Industry Advises Small Businesses Not to Skimp on Coverage

Insurance coverage is an expense that many small business owners might be tempted to cut back on or even forgo as they try to cut costs during the recession. They’re making a bet that they won’t need the coverage, but …

Atlanta Fire Department Faces Insurance Rating Amid Budget Cuts

The insurance industry is engaging in an on-site evaluation of Atlanta’s fire protection system for the first time in three decades, a process that could add millions of dollars to premiums. It is too early to tell whether Atlanta’s rating …

South Carolina Man Who Slayed Family for Insurance Money Executed

A Georgia man convicted of killing his wife and son to collect life insurance money has been executed in South Carolina. Luke Williams was put to death by lethal injection Friday. The 56-year-old made no final statement and kept his …

Principal of Nebraska Agency Under Investigation Files for Bankruptcy

One of the principals of a Grand Island business suspected in a Ponzi scheme has filed for bankruptcy. Stella Levea of Grand Island says in her Chapter 11 bankruptcy filing that she owes between $1 million and $10 million. Her …

Kansas Retains Governor’s Appointment Power

Kansas House Democrats killed a proposal Friday to strip the governor of the power to fill vacancies in four statewide offices. The proposed amendment to the Kansas Constitution would have let political parties fill vacancies in the offices of attorney …

American Claims Management Announces Its Updated Brand & Website

San Diego, CA, 02/23/09 – American Claims Management, Inc. (ACM) is pleased to announce it has updated its company brand as of February 23, 2009. The national third party claims administrator’s objective is to create brand awareness and showcase their …

Indiana Jury Awards $157 Million in Tree Stand Death

Jurors in Indiana have awarded a Lafayette woman $157 million in a lawsuit against the makers of a tree stand that malfunctioned, resulting in her husband’s death. Jurors deliberated for about an hour before reaching the verdict in Tippecanoe Superior …

Reinsurers Seem Ready to Flex Muscles, Raise Prices by Double-Digits

Reinsurers’ tough talk about raising prices on the risk cover they sell to insurers may have rung hollow before, but this time the promise is credible. Reinsurance companies such as global leader Munich Re have been flexing their muscles, predicting …

Eye on Boats and Marinas

Marine Broker Shares Views on the Current State of the Market The marina and boat industry is a natural fit for John Harvey, founder and president of Voyager Insurance Services in Frisco, Texas. Harvey has been in the insurance business …

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Fire Protection Contractors Market Detail: McNeil & Co. brings agents the FireWatch Program. This is …