Cedar Rapids, Iowa-based United Fire & Casualty Company reported net income for the first quarter of 2009 was $3.3 million or 12 cents per diluted share, down from a net income of $20.1 million or 74 cents per diluted share …
Four more highway projects, including the widening of Interstate 10 in Baton Rouge, will be funded with Louisiana’s share of the federal stimulus package after receiving quick approval Monday from lawmakers. The $133 million list of projects, proposed by Gov. …
David Tatman of the Tatman Group and lobbyist for the Louisiana Surplus Lines Association, has outlined some of the legislation that group will be following during Louisiana’s legislative session, which opens today. Tatman said in an e-mailed announcement that several …
Good things come to those who wait and work hard. Even in today’s challenging economic climate, young independent insurance agents remain hopeful and happy to be in a profession that allows them to work independently, be their own boss and …
A Crowley, La.-area agent was served by Louisiana Department of Insurance Fraud Section Investigators with a cease and desist order, notice of license revocation and a $10,000 fine notice for alleged misappropriation, theft and forgery. Julia Katherine Moore, 25, is …
Most states, including California and Florida, are failing to adequately discipline doctors who are practicing substandard medicine, according to the latest annual ranking of state medical boards by the watchdog group Public Citizen. For the first time since Public Citizen …
Rating organization A.M. Best Co. reported that its ratings and outlook of the property/ casualty subsidiaries of American International Group, Inc. (AIG) remain unchanged following the company’s announcement of the acceleration of its restructuring and rebranding of its global property/ …
U.S. Sens. Bill Nelson, D.-Fla., and Mary Landrieu, D.-La., have filed federal legislation for a recall and immediate ban on tainted building products from China, as people around the country are reporting problems in their homes built with imported drywall. …
Challenges to the Notice Requirement Medical malpractice liability insurance policies, like most professional liability insurance policies, are typically “claims-made” policies. While there are variations, claims-made policies generally provide coverage only for those claims that are made during the policy period …
As 2008 Hurricane Claims Enter Court and New Season Approaches, Katrina Issues Linger The 2008 hurricane season was the sixth most active tropical storm season recorded since data collection began in 1851. Six storms made U.S. landfall in 2008. They …
