Georgia News

People

The Insurance Council of Texas (ICT) elected Craig Sparks chairman of its board of directors. Sparks has been president of the Union Standard Insurance Company in Irving since 2000. Sparks’ insurance career began the day he graduated from the University …

Business Moves

TAPCO Insurance agents in Alabama and Louisiana may now access the services provided by TAPCO Underwriters Inc. (TAPCO), a Burlington, N.C.-based MGA that specializes in high-volume, middle-market excess and surplus insurance lines. The company says it has the ability to …

It Figures

$70 Million A Texas court in San Antonio affirmed the jury award of $70 million plus interest in a workers’ compensation/bad faith case against Discover Property & Casualty Insurance Company, a St. Paul Travelers Insurance subsidiary, and the claims adjuster …

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. Stop All ID Fraud Market Detail: USX/S offers agents access to real ID theft protection …

Hurricane Forecasters Promise Earlier Warnings

The National Hurricane Center said this week 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 …

Georgia Opens Probe of SEUS Insurance CEO Over Accounting

Georgia Insurance Commissioner John Oxendine’s office has begun a criminal investigation into the business practices of M. Clark Fain, III, the former chief executive officer of Southeastern U.S. Insurance, Inc. (SEUS), a workers’ compensation company. The investigation follows an Oct. …

U.S. Mine Deaths At Record Low

The number of miners killed on the job in the United States fell for a second straight year to 34, the fewest since officials began keeping records nearly a century ago. That was down from the previous low of 52 …

Ex-Georgia Football Player to Appeal Dismissal of Insurance Lawsuit

A former University of Georgia football player is asking a judge to reconsider his decision to dismiss a lawsuit that claimed the school’s athletic department failed to secure him a $500,000 insurance policy. Decory Bryant’s attorney Hue Henry said he …

Andrews Joins Georgia’s J. Smith Lanier Agency

West Point, Ga.-based independent insurance brokerage J. Smith Lanier & Co. has hired Michael Andrews as director of Information Technology. Andrews has operated as an independent information technology consultant since 2007. He also worked as the program manager for the …

Oregon Man Files Lawsuit Over Defective Baby Hammock

A Gresham, Ore., man has filed a lawsuit against baby product maker Amby Baby Motion following the death of his five-month-old boy in August. The death was the second linked by the U.S. Consumer Product Safety Commission (CPSC) to a …