Declarations
Floods, Erosion and Other Hazards “The Galveston-Harris County area is one of the most floodprone areas in the United States. … Also, erosion is a huge problem that is not going away any time soon. —Sam Brody, who heads the …
Lloyd’s New Director of North America, McGovern, Navigates Turbulent Waters
Addressing Changes in EU and U.S. Regulations; North American Lloyd’s Reorganization Sean McGovern, Lloyd’s general counsel and, since February 2010, the director of Lloyd’s North America, may still have time to pursue his favorite pastime – sailing – but he …
America First Insurance Honored for Work Comp Performance in Arkansas
America First Insurance, a Liberty Mutual Agency Corporation regional company, announced it was recently recognized by the Arkansas Workers’ Compensation Commission (AWCC) for its superior claims handling and injury reporting for this line of business. The AWCC annually grades insurance …
Mayor: New Orleans’ Disaster Loans Will Be Forgiven
The City of New Orleans has received word that the federal government is forgiving its $240 million in disaster loans received after Hurricanes Katrina and Rita, Mayor Mitch Landrieu said. Storm-ravaged local government agencies across Louisiana – sheriffs, school boards, …
Abandoned Properties in Louisiana a Growing Problem
In Rapides Parish, Louisiana, officials know they have a problem with abandoned, rundown properties. That poses another problem: what to do with them. As economic conditions have stagnated, rising numbers of properties have been vacated and left to decay. The …
Somali Pirates Release South Korean Tanker after Ransom Payment
Somali pirates have freed a hijacked South Korean-operated supertanker and its 24 crew after seven months of captivity, officials said Sunday amid reports that a record ransom was paid. The Samho Dream was sailing toward a safe third country under …
Some Question Data on Low Worker Injury Rates in North, South Carolina
A new federal study estimating the rate of workplace injuries last year finds North and South Carolina among the country’s safest in which to work. But some workplace safety experts doubt whether the rates accurately reflect which states are safer. …
McNeese State Grad Student Receives LWCC’s Cavanaugh Scholarship
Laura Marie Duos of Lake Charles, La., has been selected as the 2010 recipient of the Stephen W. Cavanaugh Scholarship, established by Louisiana Workers’ Compensation Corporation (LWCC). Duos is a graduate student at McNeese State University, pursuing an MBA. LWCC …
Ratings Recap: Chartis U.S Subs; Landcar, Prism, Pacific Pioneer
A.M. Best Co. has withdrawn the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings of “a” and assigned an NR-5 (Not Formally Followed) to the FSRs and “nr” to the ICRs of Louisiana-based Audubon Insurance Company and …
People
Todd Kilkenny joined the Independent Insurance Agents of Texas (IIAT) as director of agency management resources. He will be responsible for developing, implementing and managing strategic agency management initiatives and programs to support the growth and development of member agencies …
