Monthly Archives: <span>July 2015</span>

People – South Central

Austin, Texas-based Combined Agents of America LLC (CAA) elected Roger Luttrell, president of Benton Luttrell Co. in Van Alstyne, Texas, as its chairman for 2015/16. Other members of the newly elected 2015-16 CAA management committee include: Executive Vice President Trent …

Flooding Could Cost More Than Louisiana Property Owners Think

The flood plain manager for the Rapides Area Planning Commission in Louisiana said people whose homes flooded may find that repairs bring them under newer and stricter building standards. Melissa Becker told The Town Talk in Alexandria, La., that the …

Report Says 6.6M-Plus Atlantic, Gulf Coast Homes at Risk of Storm Surge

More than 6.6 million homes on the Atlantic and Gulf coasts are at risk of hurricane storm surge with a total reconstruction cost value estimated to be nearly $1.5 trillion, according to a recently released report. The report from the …

Florida Has Most Lightning Claims but Texas Has Highest Cost Per Claim

The number of insurance claims from lightning strikes in the United States continued its steady decline, as severe thunderstorm activity eased from near-record levels and dry weather prevailed throughout much of the western half of the country. Despite fewer storms, …

Agents Need to Know About Texas Workers’ Comp E-Mod Changes

The number 1.00 means different things to different people. In baseball, 1.00 represents a perfect batting average. But in college, a 1.00 grade point average is about as bad as it gets. In workers’ compensation, a 1.00 experience modifier, or …

Louisiana Commissioner Requests Flood Claim Deadline Extension

The Federal Emergency Management Agency’s National Flood Insurance Program (NFIP) requires homeowners to file a Proof of Loss form to claim damages within 60 days of a flood. On June 17 in a letter to FEMA Administrator Craig Fugate, Louisiana …

People – West

Monterey, Calif.-based Capital Insurance Group has named Andrew Doll vice president and chief actuary. Doll began his insurance career as an actuarial analyst in 1990. Following that he began working for a national insurance company as a senior actuarial analyst, …

Wildfire Report Shows 2 Million California Homes at Risk as Drought Continues

A report issued in June shows California has more than 2 million homes at “high” or “extreme” wildfire risk, as the multi-year drought continues to stoke fears among some experts of a potentially devastating wildfire season. Verisk Insurance Solutions’ 2015 …

Montana Court Rules Using Inhalants Can Lead to DUI Charge

A motorist can be charged and convicted of driving under the influence for being in control of a vehicle after inhaling aerosol propellants, the Montana Supreme Court has ruled. The 5-0 decision in June rejected a Butte man’s efforts to …

California Funds Incentives for Earthquake Protection

When California Gov. Jerry Brown signed the 2015-2016 budget, it included $3 million in funding to expand the Earthquake Brace and Bolt program and clarified that the program’s grants are income-tax exempt at the state level. California Insurance Commissioner Dave …