The economic outlook should brighten in 2010-2011 for the Mississippi and Alabama coasts, but that’s not the case for the New Orleans area, an economist said this week at a regional economic forum. Lack of business investment within a still-untested …
The federal government is overpaying private insurance companies that manage flood insurance policies by as much as 16.5 percent, according to a new government report. To just six of the 87 participating carriers, the Federal Emergency Management Agency (FEMA) paid …
The federal government is overpaying private insurance companies that manage flood insurance policies by as much as 16.5 percent. To just six of the 87 participating carriers, the Federal Emergency Management Agency (FEMA) paid $327.1 million more than their actual …
As floodwaters around Atlanta began to recede, residents were packing moving vans with furniture and commiserating about water-logged apartments. “I’m toast,” Penny Freeman, who moved into a first-floor apartment five days ago, said. “I don’t have a place to stay. …
David Bush had a sweeping view of the Chattahoochee River from his backyard in metropolitan Atlanta. When he returned to his house, the surging river was in his front yard, too. But he was fretting for another reason as he …
A Republican candidate for governor has asked the Alabama Department of Insurance to reconsider rate increases on homeowners insurance recently approved for three of the four companies that insure the most homes in the state. The former director of the …
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 that many of the …
9.6% The proposed average voluntary market decrease in workers’ compensation rates in North Carolina. Insurance Commissioner Wayne Goodwin has also received a filing requesting a a 1.3 percent increase in the assigned risk market. If approved, these loss cost rate …
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Misc. Medical Malpractice Market Detail: NAS Insurance Services Inc. gives agents the ability to provide …
Perry Grant has joined the insurance agency network The Iroquois Group as a regional manager to serve member agents in Alabama and Mississippi. Grant brings 30 years experience in property/casualty insurance in Alabama and Mississippi, having spent most of his …
