Concrete houses sprouting up in southern Alabama, Mississippi and elsewhere in the Gulf Coast region are more than just fortified structures that will protect their owners from up to 250 mph winds and 36 foot storm surges — they are …
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 …
The recent tornadoes, heavy rains and subsequent flooding that hit a good part of the Midwest in May remind all of us about insurance coverage issues. For many the reminder is about purchasing flood insurance for your home, for another, …
Concrete houses sprouting up in southern Alabama, Mississippi and elsewhere in the Gulf Coast region are more than just fortified structures that will protect their owners from up to 250 mph winds and 36 foot storm surges — they are …
IIABA’s leader Bob Rusbuldt hopes Congress does nothing, except on TRIA Insurance Journal’s Andrew Simpson, at the IIABA’s National Legislative Conference and Convention in Washington, D.C., in April, Rusbuldt also discussed politics, government involvement in the insurance business and the …
In the aftermath of Hurricanes Katrina and Rita, many insurance agents and brokers in Louisiana and Mississippi and, to some extent, in Texas have found themselves being sued for allegedly failing to advise their customers of the availability of flood …
Allstate Corp. and Nationwide Mutual Insurance Co. have been subpoenaed by a federal grand jury investigating the insurance industry’s handling of Hurricane Katrina claims in Mississippi, the companies said. Allstate, the nation’s second-largest property and casualty insurer behind State Farm, …
Alleghany, Employers Direct New York-based Alleghany Corp. agreed to purchase the outstanding shares of California-based Employers Direct Corp. for $195 million in cash. EDC, which was founded in 2002, is an insurance holding company based in Agoura Hills, Calif. Through …
Washington, D.C., is a bit bluer these days than it was about a year ago. The Democratic color means both challenges and opportunities for independent agents and the insurance industry, says Independent Insurance and Brokers of America’s CEO Bob Rusbuldt, …
A repeat of the 1927 Great Mississippi Flood, the largest flood disaster in U.S. history, could cost up to $160 billion in economic damages if it were to recur today, according to Risk Management Solutions, a Newark, Calif.-based catastrophe risk …
