Preparing for hurricanes, despite two slow previous storm seasons, is key to the survival of Floridians and recovery efforts, officials said. About 2,800 people attended the 22nd Annual Governor’s Hurricane Conference on May 14, where the main message was preparedness …
The My Safe Florida Home program is projecting it will exceed the Florida Legislature’s goal of approving 35,000 homeowners for grants by the end of May, according to Florida Chief Financial Officer Alex Sink . The first-come, first-served program will …
Alabama Gov. Bob Riley joined state workers from the Alabama Department of Transportation, the Alabama Department of Public Safety, the Alabama Emergency Management Agency and the Alabama National Guard as they began a two-day training exercise in preparation for the …
Virginians looking to prepare for hurricane season can thank the state for an upcoming tax holiday on items to keep their families ready in case of a storm. Virginia is holding its first hurricane preparedness tax holiday May 25-31, ahead …
Insurance broker Marsh along with catastrophe modeling firm Risk Management Solutions (RMS) and wind station operator WeatherFlow, Inc. have developed an insurance product to address financial exposures faced by businesses due to hurricane-force winds. The product, known as WindX-SI, provides …
While many Florida lawmakers claim to be opposed to gambling, they don’t mind taking a chance on Mother Nature. They rolled the dice again on May 1, signing off on a new insurance bill that does little to alleviate Florida’s …
The Louisiana Senate approved Senate Bill 588 by Sen. Don Cravins Jr. that would extend the “Insure Louisiana Incentive Program,” begun last year with $100 million, for a third round of grant offers to insurers. In the first two rounds, …
With the 2008 hurricane season less than a month away, Mississippi Commissioner of Insurance Mike Chaney encourages all coastal residents to protect their lives and property by making preparations now. One of the first items on a list of preparations …
Fitch Ratings said recently that the ‘BBB’ Issuer Default Rating (IDR) of Louisiana Citizens Property Insurance Corporation and the ‘BBB’ underlying ratings on Citizens’ $978.2 million assessment revenue bonds remain on Rating Watch Negative. They were placed on Rating Watch …
The Louisiana Senate has voted to allow the state to continue offering millions in taxpayer dollars to private insurance firms that agree to begin writing homeowners policies along the hurricane-vulnerable coast. Senators approved a bill by Sen. Don Cravins Jr. …
