Flooding Control Costs Are Outweighed by Regional Economic Benefits, Study Finds There are hundreds of levees across the U.S. — from Miami to Los Angeles and Detroit to New Orleans- that protect vulnerable areas and tens of millions of people …
Fiesta Auto Huntington Beach, Calif.-based Fiesta Auto Insurance is combining its two business models — insurance and tax preparation — under one roof, quadrupling its presence to more than 80 locations. Launched in 1999 to provide auto insurance to Hispanic …
$12 Billion Hurricane Ike, which struck Galveston on Sept. 13, 2008, is so far the costliest weather catastrophe in Texas history, racking up nearly $12 billion in windstorm and flood insurance claims. Windstorm claims in Texas resulting from Ike totaled …
The Louisiana Legislative Auditor’s Office said an audit of Louisiana Citizens Property Insurance Corp. for 2008 found enough problems that it could not issue an opinion on the accuracy of the insurer’s records. Citizens’ management concurred at least in part …
Excess and surplus lines wholesale broker Maclean Oddy & Associates Inc. appointed Stan Ackerman senior vice president and manager of the property division in its Houston office, and Nancy Self vice president and producer in Dallas. Both report to Maclean …
The Hanover Insurance Group has asked state insurance regulators for permission to shut down two of the three property insurance companies it operates in Louisiana and shift about half of the affected 15,500 policyholders to another company. Under the proposal, …
Despite the massive flooding resulting from levee breaches and storm surge during Hurricane Katrina in 2005, the economic benefits provided by flood control measures in Southeast Louisiana far outweigh the costs of widespread damage from flooding, according to one researcher. …
The Louisiana Department of Insurance says a Baton Rouge agent has been served with two cease and desist orders, and two fine notices, for alleged insurance fraud, bank fraud, issuing worthless checks, filing false public records, felony theft and identity …
Louisiana Workers’ Compensation Corporation (LWCC) has promoted two of its experienced professionals to managerial positions. Brent Toups is the new agency relations manager, and Karen Mouton is the premium audit manager. Toups was hired by LWCC in 1998 as a …
United Property & Casualty Insurance Co. in Florida said it is seeking approval to write homeowners insurance in Massachusetts, Connecticut, Rhode Island, New York, North Carolina, South Carolina and New Jersey. The company, which opened for business in 1999, currently …
