Monthly Archives: <span>September 2017</span>

Levine Tapped as SVP of Underwriting for SUNZ Insurance in Florida

SUNZ Insurance Company, a large deductible workers’ compensation carrier based in Florida, has appointed Gene R. Levine to the position of senior vice president – underwriting. Levine will report directly to Therese A. Stevens, president of SUNZ. He will be …

Harvey Leaves Texans to Clean Up Amid Health and Environmental Dangers

Harvey has moved on from the U.S. Gulf Coast, leaving behind a toxic stew of human sewage, dead cattle, leaking chemical plants, spilled gasoline storage tanks and abandoned pickup trucks. The cleanup will take patience, billions of dollars and fleets …

Gov. Abbott Says Texas Relief Bill May Top $120 Billion

Two days after President Donald Trump asked Congress for $8 billion in initial relief for Harvey, Texas Governor Greg Abbott said his state may ultimately need more than the $120 billion that the U.S. spent on Hurricane Katrina recovery. “When …

Southern U.S., Caribbean Islands Brace for Hurricane Irma

Hurricane Irma, barreling toward the Caribbean and the southern United States, was upgraded to a powerful Category 4 storm on Monday as islands in its path braced for a possible onslaught. Hurricane advisories were issued for territories that dot the …

Failed Communications Impacted Tennessee Wildfire Response

Records show failed communication systems hampered the response to last fall’s deadly Tennessee fires. Records that Sevier County began to release in August show that wind and fire on Nov. 28 combined to disable cell towers, melt fiber-optic cables and …

Beck to Run for Georgia Insurance Commissioner Post

Jim Beck, a businessman, entrepreneur, and a former deputy insurance commissioner, has announced his candidacy for Georgia’s Insurance and Safety Fire Commissioner. Beck, a Republican, has more than 30 years of experience working in the industry, including for an independent …

25 Years Later: How Florida’s Insurance Industry Has Changed Since Hurricane Andrew

Aug. 24, 1992 was anything but a typical Monday for Robert Reynolds as he drove through debris-filled roads and devastation on the way to his family-run agency then located just north of Homestead, Fla. Hurricane Andrew had just barreled through …

Florida Domestic Insurer Sawgrass Mutual to ‘Wind Down’ Operations

Just after being downgraded by ratings agency Demotech, Florida-based insurer Sawgrass Mutual Insurance Company revealed it was placed under administrative supervision by the Florida Office of Insurance Regulation. According to an Aug. 22, 2017, amended consent order for administrative supervision, …

Northern Underwriting Managers’ Fendler Indicted Again; Faces 20 Fraud Counts

The owner of multiple property/casualty insurance operations in northern Illinois has been indicted once again, this time on charges that he defrauded more than 100 clients. Todd J. Fendler, of Rockford, Ill., previously had been charged in federal court on …

Illinois Governor Vetoes Workers’ Comp Bills Opposed by Insurers

Illinois Gov. Bruce Rauner has vetoed two workers’ compensation reform bills that were strongly opposed by the insurance industry. Rauner in August vetoed HB 2622 and HB2525, two bills that would have had profound negative consequences for injured workers, the …