November 18, 2009
Clarksville, Mo., is moving ahead with what Mayor Jo Anne Smiley calls the “monumental task” of never again having to worry about the Mississippi River ruining businesses and disrupting lives in this town of 490 residents. It will take time, …
November 17, 2009
Liberty Mutual Agency Markets has appointed Carol Sipe as president and chief executive officer of Summit, which provides monoline workers’ compensation coverage in 10 southeastern states. Sipe succeeds Rick T. Hodges, who has led Summit since 1999. Hodges will retire …
November 16, 2009
Even though disgraced lawyer Richard “Dickie” Scruggs conspired to bribe a judge in a dispute over Hurricane Katrina litigation fees, an arbitrator should decide how much the opposing attorneys will get, the Mississippi Supreme Court ruled Thursday. A Jackson law …
November 16, 2009
Allied American Underwriters (AAU Comp) of El Segundo, Calif., has a new furniture store program for franchised and non-franchised retail furniture stores. The coverage can include property, general liability, umbrella, workers’ compensation, employee benefits liability, stop gap liability, hired and …
November 15, 2009
$4.2 Million The settlement reached by the Diocese of Savannah with Allan Ranta who alleged he was sexually molested by former priest Wayland Y. Brown between 1978 and 1983. The diocese said that the $4.24 million settlement brings to a …
November 15, 2009
$1 Billion The Army Corps of Engineers is launching a $1 billion project to protect the suburban West Bank of New Orleans from devastating floods. Some critics say the project may have the potential dangerous consequence of encouraging more people …
November 15, 2009
How Far Will It Go? On Oct. 8, 2009, the Mississippi Supreme Court handed down its opinion in Corban v. USAA, in which it addressed the enforceability and application of “Anti- Concurrent Cause” clauses (ACCs) to claims involving damage caused …
November 15, 2009
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. Commercial Construction Liability Market Detail: Insurance Specialty Group presents PrimeSTARR, an ISO-based commercial construction general …
November 13, 2009
PersonalUmbrella.com of Emeryville, Calif., announced that American Alternative Insurance Corp. (AAIC) will be the insurer of its online personal umbrella program. AAIC is a subsidiary of Munich Re America Corp. and an affiliate of Munich Reinsurance America Inc. The company …
November 10, 2009
A weakening Tropical Storm Ida lashed the U.S. Gulf Coast with drenching rain and high surf Tuesday as it moved ashore after shutting down almost 30 percent of Gulf of Mexico energy production. Ida, once a Category 2 hurricane, made …