Kentucky News

Southeast Flooding Kills 22, Closes Businesses and Schools

A weekend deluge burst rivers and creeks from their banks across Tennessee and neighboring U.S. states Monday, killing at least 22 people and forcing thousands to evacuate homes and hotels. The overflowing Cumberland River shut down bars and clubs in …

Keystone Insurers Adds 2 More Kentucky Agencies to Network

Keystone Insurers Group (KIG) has added two more to its growing list of partner agencies. Jessie Insurance Agency of Campbellsville and Insurance Service Centers of Southeast Kentucky increase to 16 the number of KIG partners in Kentucky and join KIG’s …

It Figures

40% The percentage of producers licensed in South Carolina who could lose their licenses if they missed the May 1 deadline for license renewal and completion of continuing education requirements. 38% How much higher the payment per claim for prescription …

Travelers Names 20 Personal Lines Agents of the Year

Travelers recognized 20 personal lines agents with its Agent of the Year award. Winners were picked for their community work, as well as high achievements in their lines of business. They are : Georgiana Carney, Pearl Carroll & Associates, Latham, …

Business Moves

St. James St. James Insurance Group, based in Orlando, Fla., has re-entered the commercial lines business after a five year absence. The program manager has appointed Dave Stricker, former senior vice president of All Risks Ltd., to lead the new …

2 Miners Missing After Kentucky Coal Mine Roof Collapse

Two miners were missing Thursday and rescuers were unable to contact them after a roof collapsed in a large underground coal mine in western Kentucky, company and union officials said. Rescue crews were in the mine on Thursday morning, said …

Florida’s 21st Century Drops Bid to Acquire HomeWise; Gets Rate Hike

Florida’s 21st Century Holding Co. has dropped its bid to acquire domestic property insurer HomeWise Holdings at the same time it reported that its own Florida property insurance unit it has received approval to raise rates 14.9 percent on some …

Hiscox USA Opens Southeast Regional Office

Hiscox USA has opened a Southeast regional office in Atlanta, Georgia. The office, which is led by Robert Gadaleta will serve as a regional hub for brokers in Alabama, Florida, Georgia, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee and Texas. …

Why Captive Solutions Might Grow Your Hospitality Book, and Revenue Too

Compare the estimated $30 billion in after tax profits that the U.S. property and casualty marketplace will likely book for 2009 to the year end results of the hospitality industry, whose lodging (occupancy near 56 percent), restaurants and entertainment segments …

Florida’s SUNZ Insurance Expands Workers’ Compensation to 5 States

SUNZ Insurance Co., a St. Petersburg, Florida-based insurer, has added five states to its coverage area for writing workers’ compensation policies. Known primarily for its presence in Florida, SUNZ said it is now also able to write workers’ compensation policies …