Monthly Archives: <span>June 2010</span>

The success in this space, for anybody, is going to be the relevance and authenticity of their message. People who wonder why social networking has gone viral should consider rocking out to The Beatles. Borrowing a line from John, Paul, …

Business Moves

BBVA Compass, Crest Insurance Cody Ritchie and other senior members of the BBVA Compass Insurance Agency of Tucson, Ariz., acquired the firm’s assets to form a new company called Crest Insurance Group. The sale returns the agency’s ownership and management …

Voters Select Whitman Over Calif. Commissioner Poizner, Reject Prop. 17

Republican Meg Whitman will face off against Democrat Jerry Brown in the race for California governor in November. Whitman won the Republican ticket for governor with 64.2 percent of the vote, defeating Insurance Commissioner Steve Poizner who received 26.9 percent …

Promoting Employee Wellness Yields Substantial Business Returns

Do the companies you work with actively promote health and well-being in the workplace? If the answer is no, they’re not alone. According to a survey by Right Management, a subsidiary of Manpower Inc., less than half of the nearly …

State Farm Won’t Add New Flood Policies but Agents Will Still Sell Them

State Farm Insurance Co. has decided to discontinue writing new flood insurance policies with the National Flood Insurance Program but the company says it will still service existing policies, and State Farm agents will continue to sell flood coverage through …

May Storms in Oklahoma Caused $1B in Damage

One of the most destructive weather months in Oklahoma history could end up having the state’s highest insurance loss payout in recent memory, industry experts have said. It will be months before all the claims are in from three major …

FEMA: Insurance Applies if Oil from Spill Mixes with Flood Waters

The Federal Emergency Management Agency has clarified that in the event of a declared flooding disaster, flood insurance coverage will apply even if oil from the BP deep well blowout mixes with floodwaters. The National Flood Insurance Program will bill …

Storm Management

The Atlantic hurricane season forecasts are in and they aren’t pretty. All the major forecasters have predicted the season will be much more active than last season. The National Oceanic and Atmospheric Administration (NOAA) expects an “active to extremely active” …

People

Lloyd Eisenrich, president of Weatherby-Eisenrich Inc. in Andrews, Texas, has been elected president of Combined Agents of America LLC (CAA), headquartered in Austin. The other members of the 2010 CAA management committee are: Chairman of the Board Bill Bridges, executive …

71 As of June 5, the Louisiana Department of Health and Hospitals had received 71 reports of health complaints thought to be caused by exposure to pollutants from the British Petroleum oil well blowout off the coast of Louisiana. The …