It Figures
$4.2 Million The settlement reached by the Diocese of Savannah with Allan Ranta who alleged he was sexually molested by former priest Wayland Y. Brown between 1978 and 1983. The diocese said that the $4.24 million settlement brings to a …
Declarations
No Penalty “A consumer should not be penalized for reporting damage. I don’t want insurers non-renewing policyholders whose homes were damaged by flooding, especially when claims reporting is mandated by FEMA for a consumer to be eligible for benefits.” —Georgia …
South Carolina Couple Says Security Firm Hired Accused Arsonist
A South Carolina couple has sued a Georgia-based security company for hiring a guard accused of setting fires. The Island Packet of Hilton Head reported that Norman and Marjorie Agin say Norred & Associates and two local supervisors were negligent …
More Heavy Metal Hits
Heavy Equipment Theft Now Estimated To Be A Sophisticated $600 Million Business On the last day in September, Jerry Dean Ledford was driving a stolen Ford F-250, and pulling a trailer loaded with a stolen tractor, down Highway 74 in …
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. Commercial Construction Liability Market Detail: Insurance Specialty Group presents PrimeSTARR, an ISO-based commercial construction general …
Georgia Soldiers to Get Insurance Refunds
Georgia’s insurance commissioner said American Fidelity Life Insurance has agreed to refund its life insurance policy holders $275 each. Soldiers who purchased policies written from Sept. 1, 2004 to Oct. 2009 are eligible for the cash. Commissioner John Oxendine said …
Ratings Recap: ProAssurance, Lawyers Mutual
Standard & Poor’s Ratings Services has revised its outlook on ProAssurance Corp. (PRA) to positive from stable, and has affirmed its ‘BBB-‘ counterparty credit rating on the company. “The outlook revision reflects our view of PRA’s improved financial leverage and …
Georgia Flood Victims Advised on Recovery Funds, Insurance Claims
In just six weeks, more than $82 million has reached survivors of the Georgia floods to help them in their recovery, according to federal officials. “While much has been done to help thousands of people, there are still those who …
South Carolina Couple Sues Firm for Hiring Accused Arsonist
A South Carolina couple has sued a Georgia-based security company for hiring a guard accused of setting fires. The Island Packet of Hilton Head reports Friday that Norman and Marjorie Agin say Norred & Associates and two local supervisors were …
Family of Slain Tennessee Woman Settles with Apartment Complex
The family of a slain Tennessee college student has settled a lawsuit against the Knoxville apartment complex where she was fatally stabbed in 2004. Michael and Joan Berry of Lawrenceville, Ga., had sued Brendon Park Apartments, Brendon Park Associates and …
