April 13, 2009
San Diego-based brokerage Arrowhead Wholesale Insurance Services LLC (AWIS) has added a new product to complement its focus on architects and engineer-related industries, targeting smaller low-hazard firms. The architects and engineers professional liability policy includes a full occurrence business owners …
April 10, 2009
U.S. Sens. Bill Nelson, D.-Fla., and Mary Landrieu, D.-La., have filed legislation for a recall and immediate ban on tainted building products from China, as more and more people around the country are reporting problems in their homes built with …
April 10, 2009
The Louisiana Board of Ethics is seeking an $8,000 civil penalty against former state Sen. Derrick Shepherd for failing to disclose his legal work for convicted bond broker Gwendolyn Moyo in her dealings with the Louisiana Department of Insurance. Shepherd, …
April 9, 2009
Louisiana officials say they will let applicants for a federal home-elevation grant program collect as much as $100,000 for raising their houses above base flood levels, rather than the $30,000 cap the state originally imposed. Paul Rainwater, executive director of …
April 8, 2009
A Vidalia, La., insurance agent has been issued a cease and desist order, license revocation and fine notice for alleged misappropriation of insurance premiums. William Christopher Jackson, 38, was served by Department of Insurance Fraud Section Investigators twith an order …
April 7, 2009
Seven Alabama counties will benefit from some $5.8 million in federal money for flood map modernization. Officials say the grant will come from the Federal Emergency Management Agency and be routed through the state’s floodplain mapping program, based at the …
April 7, 2009
Residents in Duson, La., can expect lower fire insurance premiums in the future. The Louisiana Department of Insurance says the town’s fire protection rating has improved from a Class Five to a Class Four. That means that policyholders will have …
April 6, 2009
The Louisiana Workforce Commission said initial claims for unemployment insurance rose 3.4 percent for the week ending March 28 and remained at rates approaching double of those from a year ago. And amid these tough economic times insurance agents in …
April 6, 2009
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 …
April 6, 2009
The percentage of auto loans past due 60 days or more rose 8.9 percent in the fourth quarter of 2008, compared with the prior-year period, according to credit reporting agency TransUnion. The numbers point to auto delinquencies shooting to their …