March 4, 2010
State Farm will offer discounts in Mississippi beginning May 1 for homes and rental property strengthened against wind damage. Insurance Commissioner Mike Chaney told The Sun Herald that he approved State Farm’s plan to offer the mitigation discounts. They will …
March 3, 2010
U.S. Sen. David Vitter of Louisiana wants to stop the Federal Emergency Management Agency from updating flood maps around communities working to fix levees found to be deficient. Vitter said many areas in Louisiana could face a steep rise in …
March 3, 2010
DeRidder, La.-based workers’ compensation insurer Amerisafe Inc. reported net income of $6.6 million in the fourth quarter of 2009, an increase of 15 percent over the $5.7 million recorded in the fourth quarter of 2008. Gross premiums written in the …
March 3, 2010
The Arizona Senate in an 11-11 vote failed to pass a bill that would have banned texting on a cell phone while driving. If it had passed, SB 1334 would have imposed fines of $50 for from operating a motor …
March 2, 2010
National wholesale commercial insurance broker, USG Insurance Services Inc., has promoted Gina Lee to brokerage manager in the company’s Louisiana office. Lee joined USG in August 2006 as a senior underwriter and broker. She has worked in the insurance industry …
March 2, 2010
America First Insurance, a Liberty Mutual Agency Markets regional company headquartered in Richardson, Texas, has introduced an online Agent Learning Center for its appointed agencies. First American appointed agents can now register for classroom workshops and participate in virtual or …
March 1, 2010
Louisiana Gov. Bobby Jindal said a partnership agreement between the Coastal Protection and Restoration Authority (CPRA) and the South Lafourche Levee District will dedicate $19.8 million in state surplus funds to make significant improvements to Lafourche Parish’s hurricane protection system. …
February 26, 2010
The median six-month auto insurance rate in Arizona has increased approximately 2 percent over the past six months to reach $829 according to InsWeb, an online insurance comparison provider. Among the other statistics the provider found were: Men in Arizona …
February 25, 2010
Texas in 2009 experienced weather catastrophes amounting to more insured losses than any other state. Last year, Texas experienced 10 weather catastrophes that caused nearly $2.5 billion in losses. The next nearest state in insured losses was Colorado with $1.3 …
February 24, 2010
One fast-growing Florida homeowner insurer has had its rating pulled by its rating agency and reportedly halted new business while another domestic carrier is consolidating its business into one company from two. Northern Capital Insurance Co. — named the fastest …