Latest Georgia Headlines
All the headlines from our Georgia Topic Page, ordered by recency.
Losses in Georgia from Floods at $250 Million; Most Uninsured
Sep 23 2009 // Flooding across north Georgia over the past few days has caused an estimated $250 million in losses, as much as 80 percent of that likely uninsured, according to state Insurance Commissioner John W. Oxendine. Oxendine said...
17 Georgia Counties in State of Emergency Due to Heavy Rains
Sep 22 2009 // After viewing storm damage in Douglas and Paulding counties from the air, Georgia Governor Sonny Perdue issued an executive order declaring a state of emergency in 17 counties affected by heavy rain and severe weather that...
Georgia Bill Would Require Background Checks on Workers Sent Into Homes
Sep 22 2009 // A Georgia Republican is pushing a measure that would require employers to perform background checks on staffers who work inside other people’s homes. The measure sponsored by state Rep. Allen Peake of Macon would...
Business Moves
Sep 21 2009 // Fairfax/Odyssey Re Fairfax Financial Holdings Ltd. will sell $1 billion in stock to fund the purchase of the shares of Odyssey Re Holdings Corp. that it does not already own. Fairfax reduced its stake in the reinsurer a...
Florida’s Newly-Formed Ascendant to Rescue First Commercial Policies
Sep 21 2009 // The new company will use independent agents and brokers for sales. Florida officials announced that a new Miami-based insurance company will pick up the insurance for about 15,000 of the policyholders now with First...
Business Moves
Sep 21 2009 // AmWINS/Managing Agency Charlotte, North Carolina-based national wholesale insurance broker AmWINS Group, Inc. has acquired The Managing Agency Group- Employee Benefits, a division of insurance broker Willis HRH. MAG-EB is...
Florida’s Newly-Formed Ascendant to Rescue First Commercial Policies
Sep 21 2009 // The new company will use independent agents and brokers for sales. Florida officials announced that a new Miami-based insurance company will pick up the insurance for about 15,000 of the policyholders now with First...
Georgia’s Medical Malpractice Award Cap Goes Before State’s High Court
Sep 16 2009 // Georgia’s top court is set to decide the fate of a 2005 law that limits pain and suffering damages awarded in medical malpractice cases. The Georgia Supreme Court heard a case this week weighing the merits of a...
Georgia’s Southern Mutual to Affiliate with Donegal Mutual
Sep 8 2009 // Pennsylvania-based property/casualty insurer Donegal Mutual has agreed to an affiliation that brings Southern Mutual Insurance Co. into Donegal’s insurance pool and gives the Georgia insurer additional products to...
People
Sep 7 2009 // CNA Financial Corp. named Bob Lindemann as president and chief operating officer of CNA’s Commercial Lines operations. In this role, Lindemann will be responsible for CNA’s $3.5 billion commercial...
Florida, Georgia Insurer First Commercial to Be Liquidated
Sep 7 2009 // Miami-based First Commercial Insurance Co. and its subsidiary have been declared insolvent and ordered liquidated about six weeks after being placed under state control. All policies written by FCIC and its subsidiary,...
Florida, Georgia Insurer First Commercial to Be Liquidated
Aug 26 2009 // Miami-based First Commercial Insurance Co. and its subsidiary have been declared insolvent and ordered liquidated about six weeks after being placed under state control. All policies written by FCIC and its subsidiary,...
Georgia-Based Braemar Marine to Offer Global Surveying, Adjusting Services
Aug 20 2009 // Braemar Shipping Services has launched a new subsidiary called Braemar Marine, which will provide marine surveying and adjusting services to the global maritime, transportation risk and insurance markets. Braemar Marine...
Georgia Agents’ Group Elects Hansard President
Aug 13 2009 // Members of the Professional Insurance Agents of Georgia (PIA of Georgia) elected E. Scott Hansard to serve as president. Hansard is the owner of Hansard Insurance Agency, located in Cumming, Georgia. Others elected as...
Foremost Insurance Offers New Auto Program in Georgia
Aug 12 2009 // Foremost Insurance Group has made its new DistinctChoice auto insurance program available in Georgia. The program features increased limits and deductible options, broad eligibility and popular discounts including a...
Georgia Bans 2 Organizations’ ‘Insurance’ Sales
Aug 12 2009 // Georgia Insurance Commissioner John W. Oxendine has ordered two organizations allegedly acting as unlicensed insurers to stop selling insurance-like products. The two groups are The Butler Aid Society and God First...
Georgia Insurance Merger Firm M&A Wins Award Against Former Employee
Aug 5 2009 // Insurance industry merger consultant Merger & Acquisition Services, Inc. (M&A) reports that it has been awarded a $1.76 million judgment against a former officer of the company who kept M&A customer...
Florida, Georgia Insurance Chiefs Renew Catastrophe Cooperation Plan
Aug 4 2009 // Florida Insurance Commissioner Kevin McCarty and Georgia Insurance Commissioner John Oxendine have renewed a partnership agreement to ensure continuity of operations in the event of a catastrophe that causes significant...
Weston Elected President of Georgia Agents
Jul 20 2009 // Will Weston, vice president and principal of Blanchard & Calhoun Insurance Agency in Augusta, was elected president of the Independent Insurance Agents of Georgia, Inc. (IIAG) during the association’s recent...
Georgia Candidate Oxendine Returns Insurance Contributions
Jul 10 2009 // Georgia Insurance Commissioner John Oxendine has returned $120,000 that was funneled into his gubernatorial campaign by two insurance firms. The Republican detailed the returns in a campaign filing submitted this week. The...
