Georgia News

Declarations

SeaWorld Safety “SeaWorld recognized the inherent risk of allowing trainers to interact with potentially dangerous animals. Nonetheless, it required its employees to work within the pool walls, on ledges and on shelves where they were subject to dangerous behavior by …

New Markets

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. Contractors Preferred Program Market Detail: Tangram Consulting and Underwriting Services Contractors Preferred Program is a …

Katrina Con Man Sentenced in Georgia

A Georgia man was sentenced Wednesday to two years and nine months in prison for filing more than 30 false claims seeking emergency compensation for damages from three Gulf Coast hurricanes, a tornado in Indiana and flooding in New Hampshire. …

FEMA, East Coast States Ready for Earl

As Hurricane Earl prepares to approach North Carolina tonight, the Federal Emergency Management Agency (FEMA) says it is preparing for the storm and supporting state and local officials along the East Coast as they work to protect their communities. FEMA …

University Study of P/C Insurers Finds Bad CEOs Can Wreck Companies

When companies go out of business, their leaders often blame something other than their own performance for the failure. Lehman Bros.’s CEO Richard Fuld said his immense compensation package had nothing to do with his firm’s death in 2008. Ken …

New VP of Business Development to CNA Atlanta Office

Jerry Williams has been appointed assistant vice president of Business Development for CNA. In this role, Williams will help support CNA’s goals to build a more effective organizational sales discipline and competency, and stronger engagement with its producers. He will …

Georgia Advised to Apply for Health Insurance Scam Refund

Georgia Insurance Commissioner John W. Oxendine said Georgians who purchased a health insurance plan from American Trade Association, Inc. or its affiliates have until August 31, 2010 to request a refund of premium from this unauthorized insurer. American Trade Association …

M&A Wrap Up: Year-over-Year, M&A Activity Sustains a Moderate Pace

Insurance brokerage deals in the second quarter of 2010 barely bested the number of deals during the second quarter of 2009 bringing year-over-year activity slightly ahead of last. Forty-six transactions were announced from April through June compared to 43 transactions …

SUNZ Offers Workers’ Comp in More States

SUNZ Insurance Co. of St. Petersburg, Fla., has gained the rights to provide workers’ compensation in four more states within the southern half of the country. The added states are Louisiana, Mississippi, Texas and Arizona. SUNZ, which is five years …

OneBeacon, Frontline to Offer Motor Truck Cargo Program in Nine States

OneBeacon Insurance Group has formed an alliance with Frontline Underwriters, Inc. to offer a new motor truck cargo program to transportation customers in nine states: Alabama, Arkansas, Georgia, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee and Texas. A full suite …