June 19, 2008
A congressional proposal to create a national “catastrophe fund” to help states recover from natural disasters has put Republican presidential hopeful John McCain at odds with a handful of GOP governors — including two state chief executives frequently mentioned as …
June 18, 2008
Illinois-based Great American Insurance Group added Adam Grey to its Atlanta office as marketing representative for the firm’s executive liability division. Grey previously worked with the banking sector in providing innovative insurance solutions for their construction loan portfolios. His territory …
June 17, 2008
Jury selection is beginning in the next trial of Alabama’s lawsuits against more than 70 pharmaceutical companies for allegedly overcharging the state’s Medicaid program. A jury is being selected June 17 in the trial against drug companies Novartis Pharmaceuticals and …
June 17, 2008
Police said a south Alabama woman admitted to shooting her show horse to death in May, burning a barn with the animal inside and attempting to collect $100,000 in insurance on the horse named Abby. Brenda Gradia, 41, of Flomaton, …
June 16, 2008
Asbestos Ruling “We hold that the Act cannot constitutionally be so applied and return the cases to the trial court for consistent proceedings.” —The Florida Fourth District Court of Appeal ruled, stating that the Florida Asbestos and Silica Compensation Fairness …
June 16, 2008
Huntsville, Ala. insurance executive Wayne Parker and Huntsville attorney Cheryl Baswell Guthrie will be in a runoff for the Republican nomination for the 5th Congressional District seat. Parker nearly won without a runoff but didn’t quite reach 50 percent of …
June 16, 2008
Mississippi Attorney General Jim Hood wrongly conspired with prominent trial attorney Richard “Dickie” Scruggs to skirt a court order in a case involving Hurricane Katrina insurance claims, a federal judge ruled. Referring to Hood as a “so-called law enforcement officer,” …
June 16, 2008
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. Custom Home Builders Market Detail: Lemac & Associates, a division of Risk Placement Services Inc. …
June 16, 2008
The federal Mine Safety and Health Administration is taking a stab at requiring airtight emergency refuges in the nation’s 624 underground coal mines. Mine operators can either store building materials underground, build airtight rooms, or place prefabricated refuges in the …
June 16, 2008
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+ (Superior) and issuer credit ratings (ICR) of “aa-” of Commerce Group, its lead company, The Commerce Insurance Company, and four inter-company pool members. Best also affirmed the ICR …