Georgia News

Insurers Commend Oklahoma Law Banning “Accident Tax”

Oklahoma Gov. Brad Henry has signed into law HB 2013, which adds Section 10-118 of Title 47 to the Oklahoma Statutes to prohibit the levying of fees for the response or investigation of a motor vehicle accident by law enforcement. …

People

Neal S. Wolin has been confirmed by the U.S. Senate to serve as the deputy secretary of the U.S. Department of the Treasury. In February, Wolin was named deputy assistant to the President and deputy counsel to the President for …

24 The number of settlements being worked out of 27 lawsuits against Dr. John King, the one-time West Virginia osteopath at the center of scores of malpractice claims. A medical device maker, Biomet Inc., told shareholders it has reached agreements …

The Growing Number of Bank Failures and the D&O Insurance Marketplace

In what has become a ritual, each Friday evening the Federal Deposit Insurance Corp. (FDIC) announces the names of the banks it has taken over that week. As of May 19, 2009, the number of year-to-date bank closures stands at …

My 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. Staffing Firms Market Detail: World Wide Specialty Programs was founded 40 years ago to provide …

National Insurance Producer Licensing Bill Reintroduced in Congress

Federal legislation designed to streamline licensing for insurance agents and brokers operating in multiple states has been reintroduced in Congress. The legislation, HR 2554, the National Association of Registered Agents and Brokers Reform Act of 2009, or NARAB II as …

Unsecured Foreclosed Homes Pose Huge Risk as Hurricane Season Opens

Mike Manikchand points toward his neighbors in Lehigh Acres — a half-dozen empty, foreclosed-upon homes, sitting on weed-strewn yards — and he wonders: What will happen if a hurricane slams into southwest Florida this year? His simple answer: “A lot …

National Insurance Producer Licensing Bill Reintroduced in Congress

Federal legislation designed to streamline licensing for insurance agents and brokers operating in multiple states has been reintroduced in Congress. The legislation (HR 2554), the National Association of Registered Agents and Brokers Reform Act of 2009, or NARAB II as …

Oklahoma’s Bramlett Receives Big ‘I’ Award for Service to Other Agents

The Independent Insurance Agents & Brokers of America (the Big “I”) earlier this month awarded the 2008 Sidney O. Smith Award to Bobby Bramlett, president and CEO of the Bramlett Agency in Ardmore, Okla. The award is the association’s highest …

Wallace Joins Ga.-Based Risk Innovations

Brenda Wallace joined Atlanta, Ga.-based Risk Innovations’ workers’ compensation division. Wallace has more than 25 years insurance experience including more than 20 years working with a national insurance carrier. Most recently, Wallace worked with a national workers’ comp broker. Wallace …