Currents

Forecasters agree: 2007 Atlantic hurricane season to be busy one

Weather forecasters agree that the 2007 hurricane season, which runs from June 1 through Nov. 30, with peak activity in August through October, should be a busy one. The National Oceanic and Atmospheric Administration (NOAA) Climate Prediction Center says there …

Oklahoma trails nation in funding for uninsured

Despite its high percentage of uninsured residents, Oklahoma trails 48 other states in garnering its share of federal funding to provide health care for those without insurance, according to state officials. Oklahoma has 11 federally qualified health centers, or FQHCs, …

At last, World Trade Center rebuilding ready to begin

N.Y. Gov. Spitzer brokers $2 billion settlement between Silverstein Properties and seven insurers New York Gov. Eliot Spitzer and Insurance Superintendent Eric R. Dinallo announced that they have negotiated a $2 billion settlement between Silverstein Properties and seven insurance companies …

Wildfires take major toll

Officials closed a 35-mile stretch of Interstate 75 from the Georgia-Florida state line to Lake City, Fla., as well as a 40-mile stretch of Interstate 10, from U.S. 90 to U.S. 129, as a gigantic wildfire approached them over the …

Travelers Insurance luring top players to Conn.’s PGA stop

When Travelers agreed last year to become the title sponsor of Connecticut’s PGA Tour stop, tournament officials bragged the event would not only be saved, but would be built into one of the tour’s premier events. There were bulldozers and …

Miss. producers go the extra mile for their community

Meridian agents find time for defending their community’s economy, culture and architecture While many independent agents make it a point to become involved in their communities, often donating their time to civic functions on a municipal or regional scale, some …

Agents advised: fundamental shift in compensation coming

Contingent commissions for agents and brokers should be watched by regulators but these profit-sharing arrangements do not necessarily have to be eliminated, according to a leading insurance consumer advocate. “I think they need to at least be regulated and moderated,” …

Judge denies State Farm new trial in $1.2 million Katrina case

A federal judge has denied State Farm Fire & Casualty Co.’s request for a new trial in a Hurricane Katrina case that could cost the company more than $1.2 million. Judge L.T. Senter Jr. saw no reason to grant a …

Conn. celebrates insurance industry

Connecticut’s venerable insurance industry was celebrated at the state Capitol this month, though its lackluster job growth also was noted. “The industry is as significant a part of Connecticut as it has been in earlier years,” Ronald A. Williams, chief …

Flood remapping affects Tenn. home values, insurance

Tennessee counties are in the process of a five-year plan to update old flood maps, but some homeowners are concerned the new versions could lead to lowered home values and the need for additional insurance. Shannon McDonald lives in a …

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