The National Hurricane Center has vowed it will begin issuing storm watches and warnings about half a day sooner in the biggest change to its warning system in decades. When a storm is approaching land, forecasters will now send watches …
Tallahassee Kaleidoscope “It’s like a kaleidoscope. You think you see (the solution) one minute and the next minute it’s different.” —Rep. Bill Proctor, a St. Augustine Republican, speaking on the state’s troubled property insurance marketplace. Proctor is again sponsoring legislation …
A proposal to cap how much people can be awarded through civil lawsuits in South Carolina received key approval this week. The House approved the tort reform bill 104-9. It faces another, routine vote before heading to the Senate. The …
Authorities say thieves are increasingly targeting tractor-trailers in Pennsylvania to steal their loads of electronics, food or drink, later abandoning the trailers at the side of the road. Sometimes the culprits steal trucks left idling at rest stops, or they …
Federal legislation designed to streamline non-resident insurance agent and broker licensing passed the U.S. House of Representatives. H.R. 2554, the National Association of Registered Agents and Brokers Reform Act of 2009, or more commonly referred to as NARAB II, passed …
Is an auto accident that kills one bicyclist and then within seconds injures a second considered one event or two under Georgia insurance law? The Georgia Supreme Court ruled on March 1 that under Georgia law, this constitutes one accident. …
Citizens of Hall County in Georgia who provided information in a house fire that led to the conviction of an arsonist have received arson reward checks totaling $4,500. Insurance and Safety Fire Commissioner John W. Oxendine and Bud Ausborn of …
A former University of Georgia cornerback has reached a $400,000 settlement with the school’s athletic association over an insurance policy dispute. Decory Bryant’s settlement comes weeks after an Athens-Clarke County judge dismissed his lawsuit that claimed the athletic association failed …
The wholesale insurance industry association, American Association of Managing General Agents (AAMGA), has created a Distinguished Chair in Risk Management and Insurance at the J. Mack Robinson College of Business at Georgia State University. The chair is being funded by …
Texas in 2009 experienced weather catastrophes amounting to more insured losses than any other state. Last year, Texas experienced 10 weather catastrophes that caused nearly $2.5 billion in losses. The next nearest state in insured losses was Colorado with $1.3 …
