Georgia News

It Figures

$4.6 Million The amount spent by federal and state agencies in Mississippi to help people recover from this spring’s tornadoes, floods and severe storms. Of that total, more than $3.5 million has been approved by the Federal Emergency Management Agency …

Primary Nears for Republicans Running for Georgia Insurance Post

A crowded field of candidates is battling it out to become the state’s next insurance commissioner, with several vowing to fight the new federal health care law. Nine Republicans and one Democrat have entered the race to replace Commissioner John …

The National Alliance Awards 24 Scholarships

The National Alliance recently presented 24 scholarships to National Association of Insurance Women (NAIW) members at its 69th Annual Convention held in Arlington, Va. The CIC, CRM, CISR, and CSRM scholarships were awarded at a special recognition ceremony at the …

Preacher’s Son, Accomplice Plead Guilty in Georgia Church Arson

Two of three men charged with arson in a 2005 fire that destroyed a church pleaded guilty in Barrow County Superior Court in Georgia. Maurice Arnold and Bruce Edward Smith pleaded guilty. Prosecutors say the Rev. Quincy Arnold of Lawrenceville …

Medicus Insurance Appoints Roque as Southeast Market Manager

Austin, Texas-based medical professional liability insurance carrier, Medicus Insurance Co., has hired Michael Roque as Regional Market manager for the Southeast region. Roque has been actively building a network of healthcare providers and agents in the Southeast territory, as Medicus …

Big “I” Markets Introduces Pollution/Environmental Product

The Independent Insurance Agents & Brokers of America Big “I” Markets program has formed a partnership with the American Risk Management Resources Network (ARMR), LLC to provide Big “I” members access to the environmental insurance market place plus expertise in …

Georgia Preacher, Son Face Church Arson Charge

A Georgia preacher and his son accused of burning down their church to claim an insurance check are scheduled to appear in Barrow County Superior Court. Quincy Arnold of Lawrenceville, the 50-year-old pastor of the former New Life Deliverance Church …

Georgia to Allow Failed Insurers’ Clients to Buy Into Insolvency Pool

Georgia Gov. Sonny Perdue has signed into law a bill allowing employers whose previous workers compensation carrier goes out of business to pay into the insolvency pool to cover injured workers’ claims. The law has been criticized by private insurers. …

Business Moves

Fremont Michigan, Northern Mutual Fremont Michigan InsuraCorp Inc., a Michigan-exclusive property and casualty insurance company headquartered in Fremont, Mich., and Northern Mutual Insurance Co. (Northern), a Michigan mutual insurer, have agreed to a strategic alliance between the two insurers. Northern …

Ratings Recap: Builders Group, FMH Group, MAG Mutual, Nationwide (Fla.)

A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit ratings of “a-” of Builders Insurance Group and its three pooled members: Builders Insurance (A Mutual Captive …