Twittering Mississippi “With a diverse group of staff members with different skills and knowledge of various technologies, Twitter was mentioned as one of the most efficient ways to connect with people, and it’s free.” —Mississippi Department of Transportation spokeswoman Carrie …
The Florida Cabinet received a bit of encouraging news recently about the state’s tenuous hurricane catastrophe fund when the head of Florida’s investments told them a loosening credit market provides the ability to bond an additional $5 billion, if needed. …
It was bad enough when Matthew Norville rear-ended another driver, crushing the front end of his own car. A few weeks later, the Pensacola college student got a $714 bill to cover the cost of the county police and firefighters …
Farmers, AIG Los Angeles-based the Farmers Insurance Group of Companies is buying American International Group’s (AIG) Personal Auto Group, which includes 21st Century Insurance Co. The acquisition price is $1.9 billion. Under the agreement, 21st Century Insurance Group, the wholly …
Pediatricians and other medical professionals are trying to block a Georgia Supreme Court ruling they fear could encourage lawsuits and harm production of vaccines. The American Academy of Pediatrics (AAP), which represents 60,000 pediatricians, along with several other health organizations, …
All policies of Florida property insurer Coral Insurance will be cancelled as of May 31, 2009 and any unearned premiums will be returned to policyholders, under a state plan approved by a Leon County judge overseeing the receivership of the …
This recession is costing more than jobs; it’s also costing business leaders their reputation. A new Harris/ Financial Times poll shows that the economic crisis has damaged the reputation of business leaders very badly. Large majorities of the public in …
Demotech believes that financial stability can be independent of size and that small, well-managed property/casualty insurers can often be more financially stable than larger, highly leveraged insurers. Its Financial Stability Ratings are a leading indicator of the financial stability of …
Don’t Lose Sight of the Greater Risks We Face No one could fail to have noticed that we are in the grip of a recession. With unemployment affecting 2 million in the United Kingdom, interest rates almost at zero and …
Joseph Petrelli is president of Demotech, an actuarial servicing firm based in Columbus, Ohio. He and his team have been tracking the Florida property insurance market and its domestic startup carriers, in particular, for years. Demotech rates many of the …
