Georgia News

Travelers Names 20 Personal Lines Agents of the Year

Travelers recognized 20 personal lines agents with its Agent of the Year award. Winners were picked for their community work, as well as high achievements in their lines of business. They are : Georgiana Carney, Pearl Carroll & Associates, Latham, …

Georgia Close to Opening State Insolvency Pool for Workers’ Claims

Georgia lawmakers have voted to allow employers whose injured employees lost medical benefits when a major workers compensation carrier went under to buy into the state insolvency fund. Sponsored by Rep. Carl Rogers, R-Gainesville, who is an insurance agent, the …

It Figures

40% The percentage of producers licensed in South Carolina who could lose their licenses if they missed the May 1 deadline for license renewal and completion of continuing education requirements. 38% How much higher the payment per claim for prescription …

Florida’s 21st Century Drops Bid to Acquire HomeWise; Gets Rate Hike

Florida’s 21st Century Holding Co. has dropped its bid to acquire domestic property insurer HomeWise Holdings at the same time it reported that its own Florida property insurance unit it has received approval to raise rates 14.9 percent on some …

Hiscox USA Opens Southeast Regional Office

Hiscox USA has opened a Southeast regional office in Atlanta, Georgia. The office, which is led by Robert Gadaleta will serve as a regional hub for brokers in Alabama, Florida, Georgia, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee and Texas. …

Tornadoes Rip Southern States; 10 Dead; 1,000 Homes Destroyed

Dozens of tornadoes left a path of destruction more than 50 miles long throughout the southern U.S.—including Alabama, Arkansas, Georgia, Louisiana, Mississippi and Tennessee—over the weekend. Ten people were killed in Mississippi. According to catastrophe risk modeling firm AIR Worldwide, …

Georgia Mennonite Community May Be Able to Self-Insure

A small community of Mennonites in south Georgia is close to winning the right to insure itself rather than using auto plans required by the state. A bill allowing the 100-member community to self-insure rather than buy car insurance — …

Georgia Firms Could Buy Into Insolvency Pool for Workers’ Claims

Georgia lawmakers have voted to allow employers whose injured employees lost medical benefits when a major workers compensation carrier went under to buy into the state insolvency fund. Sponsored by Rep. Carl Rogers, R-Gainesville, who is an insurance agent, the …

Florida’s SUNZ Insurance Expands Workers’ Compensation to 5 States

SUNZ Insurance Co., a St. Petersburg, Florida-based insurer, has added five states to its coverage area for writing workers’ compensation policies. Known primarily for its presence in Florida, SUNZ said it is now also able to write workers’ compensation policies …

If Ash Cloud Lingers, Economic Impact Could Rise Sharply

The economic impact of the volcanic cloud halting flights across Europe will increase sharply the longer disruption continues, forcing holiday cancellations, delaying deliveries and reducing jet fuel demand. African exporters of flowers and vegetables by air to European supermarkets, technology …