August 3, 2010
The British Petroleum, DeepWater Horizon oil spill may result in a loss in home value in Gulf coast communities of $648 million over one year, according to a new report from CoreLogic, a provider of information, analytics and business services. …
August 2, 2010
Katrina 5 Years Later According to a new white paper from the Insurance Information Institute on the five-year anniversary of Hurricane Katrina, which made landfall in Louisiana on Aug. 29, 2005: $41.1 Billion The amount that private sector insurers paid …
August 2, 2010
MarketScout Wholesale (MSW) has expanded operations opening a new location in Tampa, Florida. Greg Lyons joined MSW to lead Florida operations as a senior broker. Prior to joining MSW, Lyons was a property broker with Appalachian Underwriters and CRC Insurance …
August 2, 2010
Key Coverage Issues for Agents to Consider When Selling Pollution Coverage No matter which television channel or Web site you turn to, the Gulf oil spill has dominated the news. This is an environmental crisis that will affect the region’s …
July 26, 2010
British energy giant BP Plc is holding up payments to economic victims of the Gulf of Mexico oil spill, Kenneth Feinberg, administrator of a $20 billion compensation fund, said Saturday. “I have a concern that BP is stalling claims. Yes, …
July 26, 2010
Huntsville has become the sixth Alabama city to ban sending text messages while driving. Beginning Sept. 20, it will be illegal to send text messages or check e-mail while driving in the Huntsville city limits. The ordinance approved also prohibits …
July 26, 2010
In 2006, Worldwide Interiors, a Canal Road furniture importer, had a banner year with sales of $520,000, including $90,000 that June. Last year, amid south Baldwin County’s deflated real estate market, sales dipped to about $330,000, including $21,000 in June, …
July 23, 2010
BP Plc oil spill workers in the Gulf of Mexico prepared for a possible evacuation Thursday as a tropical storm threatened more delays in attempts to end the environmental disaster. The U.S. National Hurricane Center said Tropical Storm Bonnie, the …
July 21, 2010
Medicus Insurance Co. received its approval from the Alabama Department of Insurance to offer coverage to the physicians and surgeons in the state. Medicus’ rates and form filing was approved July 14, 2010. Medicus is admitted in 25 states and …
July 20, 2010
Fishermen in Mississippi say they are angry that under the terms of BP’s $20 billion oil spill fund, money they earn doing clean-up will be subtracted from their claim against the company. The fishermen reacted after Kenneth Feinberg, the federal …