Writing about the landfall of Hurricane Katrina five years ago, essayist Ellis Anderson of Mississippi likened the communities along the gulf to a string of pearls. “Then, in August 2005, in the course of a single morning, Katrina severed the …
Louisiana Workers’ Compensation Corp. (LWCC) promoted two key executives. Paul Buffone is now senior vice president of Risk Management Services, and David T. White is now vice president of Internal Audit. Buffone started with LWCC in 1993 as a law …
The Texas Windstorm Insurance Association recently filed for 5 percent increases in both its residential and commercial rates, effective Jan. 1, 2011. While indications are those hikes won’t bring the rates for the state’s coastal insurer of last resort up …
Raintree Insurance, PacWest Alliance PacWest Alliance Insurance Services Inc. welcomed its newest member: Raintree Insurance Agency Inc. Raintree Insurance Agency is an independent insurance agency with offices in San Bernardino and Moreno Valley, Calif. PacWest is a California-based insurance cluster …
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Contractors Preferred Program Market Detail: Tangram Consulting and Underwriting Services Contractors Preferred Program is a …
An Alabama woman is set for trial on a charges she conspired to defraud the federal government by preying on Hurricane Katrina victims who needed their properties rebuilt. The government seeks a judgment of $62,500 against Joyce E. Jordan, who …
InVEST, an insurance industry classroom to career education program founded by the Independent Insurance Agents & Brokers of America (the Big “I”), named three new members to its national board: Joey O’Connor, vice president of Insurance Underwriters Ltd.; Richard E. …
Despite the devastation from Hurricane Katrina in 2005, Louisiana Insurance Commissioner Jim Donelon says the state’s insurance market is stronger now and that the “outlook for continued market recovery is positive.” Donelon credited several key factors for the market’s recovery, …
Kenneth Feinberg, who last week took over the claims process for BP Plc’s Macondo well oil spill, has so far paid nearly $10 million in emergency payouts to Gulf Coast residents who have suffered economic harm, documents show. Feinberg, who …
Five years ago, Hurricane Katrina caused an estimated 1,300 tragic deaths as well as $41.1 billion in insured losses across six states. Louisiana and Mississippi suffered the brunt of Katrina’s wrath followed by Alabama. As we commemorate this terrible event …
