February 24, 2010
Zurich named two new regional managers for its North American Environmental team: Richard Calvert has been named manager for the South Central region, and Warren Puffer is the new manager for the Northwest region. Calvert, who prior to joining Zurich …
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 …
February 23, 2010
Funeral processions are a time-honored tradition in the South, but the customary show of respect is dying in some cities. In Mississippi, the Gulfport Police Department recently decided to limit funeral processions to five cars, a move that has upset …
February 23, 2010
Louisiana Insurance Commissioner Jim Donelon has announced that nearly $59 million, or 60 percent of the available tax rebates available to property insurance consumers in his state went unclaimed last year. Property owners are entitled to a state tax rebate, …
February 22, 2010
In a move he says will prevent the addition of policies into Louisiana Citizens Property Insurance Corporation’s book of business, Louisiana Insurance Commissioner Jim Donelon has approved an agreement with The Hanover Insurance Group that will keep Hanover’s 14,000 Louisiana’s …
February 22, 2010
A state district judge has granted Louisiana’s auto dealers’ and tire stores’ request to temporarily stop the state from forcing them to become licensed insurance agents in order to sell tire-and-wheel road hazard coverage. In December, Insurance Commissioner Jim Donelon’s …
February 22, 2010
Terry Lisotta, who was indicted in late 2008 on 14 counts of theft by fraud from the Louisiana Citizens Property Insurance Corp., was unable to work out a plea deal with prosecutors Feb. 18. Lisotta paced anxiously outside the courtroom …
February 21, 2010
Louisiana Insurance Commissioner Jim Donelon declined to approve a rate request filed by State Farm Fire and Casualty Company that would have raised homeowners insurance rates by a statewide average of 19.1 percent. State Farm filed the rate revision in …
February 21, 2010
$25 Million Record snowfall beginning Feb. 11 in the Dallas/Fort Worth area resulted in insured losses of $25 million, the Insurance Council of Texas reported. An estimated 4,200 claims came from auto, residential and commercial property owners. The average claim …
February 21, 2010
Tired and Frustrated “We’ve been doing this for a long time. … We’re not getting a lot of sleep. We’re tired. We’re frustrated that this is continuing to happen. But we remain strong in our belief that we’re going to …