December 3, 2010
Insurance broker Willis has announced three key appointments to strengthen its Gulf South insurance brokerage operations. Robert Allen has been appointed regional partner, Willis of Alabama, Inc. He will coordinate Willis’ operations in Alabama, Mississippi and Louisiana. Allen will also …
December 3, 2010
American Strategic Insurance Corp. (ASI) has entered Virginia, Delaware and Georgia residential property markets. The company offers policies for homeowners, renters, condominium owners, seasonal residents and investment property owners through independent agencies. The company also offers flood coverage. ASI, a …
December 2, 2010
Baton Rouge, La.-based workers’ compensation insurer Retailers Casualty Insurance Co. announced it will begin offering workers’ compensation coverage in Texas. Retailers Casualty, which is managed by Summit Consulting Inc., said it has received all regulatory approvals from the Texas Department …
December 2, 2010
Nearly $355 million in rebates from Louisiana’s property insurer of last resort has not been claimed and state’s top insurance regulator wants people to know about it. Insurance Commissioner Jim Donelon is urging those who have had a property insurance …
December 1, 2010
Analysts’ dividend forecasts point to steady recovery BP, analysts, may be underestimating legal charges BP has history of low-balling long-term cost of disasters “Gross negligence,” punitive damages not ruled out Analysis shows how $50 billion could be added to cost …
December 1, 2010
The number of Louisiana property insurance consumers who benefit from the lower rates offered by private insurers is growing as the state’s Citizens Property Insurance Corp.’s (Citizens) depopulation program continues to be a success, according to the Property Casualty Insurers …
November 30, 2010
DUI arrests have skyrocketed in Mississippi in the past several years, helping lead to the lowest number of drunken driving deaths in decades. It’s welcome news for a state that has ranked among the nation’s worst in per capita alcohol-related …
November 30, 2010
Many of Alabama’s personal and commercial lines insurers have established the Alabama Insurance Information Service (AIIS), a not-for-profit, non-lobbying trade association to provide news and information to the public. AIIS is based in Montgomery and plans to work primarily through …
November 30, 2010
In a letter dated Nov. 17, 2010, Louisiana Attorney General Buddy Caldwell challenged provisions of the Gulf Coast Claims Facility (GCCF) Draft Protocol for Interim and Final Claims that ask claimants to sign a broad release of their rights in …
November 24, 2010
The administrator of the $20-billion fund created by BP Plc to compensate Gulf of Mexico oil spill victims announced plans Wednesday for processing final payments. Administrator Kenneth Feinberg said in a news release that claimants have a choice, a lump …