Craig Fugate brought three lessons with him when he took over the Federal Emergency Management Agency: Always be ready for disasters, make sure people take responsibility for themselves and get the message out creatively. He also is stressing FEMA isn’t …
An Army Corps of Engineers’ report is recommending a $1.2 billion coastal restoration plan for Mississippi. William Walker, director of the Mississippi Department of Marine Resources, called this a “significant step” in post-Hurricane Katrina efforts to restore barrier islands and …
Louisiana-based insurance wholesaler, Specialty Risk Associates Inc., announced several changes to its management team. Thomas Garland was named chief operating officer. Garland joined Specialty Risk in 2004 as vice president of Marketing and Underwriting responsible for the coordination of marketing …
Regulators Say Fingerprinting Keeps Criminals Out of the Business Don’t be alarmed, but there are convicted criminals roaming around the country acting as insurance producers. They could be robbers, forgers, possibly even rapists. They got their producer licenses in states …
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. Misc. Medical Malpractice Market Detail: NAS Insurance Services Inc. gives agents the ability to provide …
Perry Grant has joined the insurance agency network The Iroquois Group as a regional manager to serve member agents in Alabama and Mississippi. Grant brings 30 years experience in property/casualty insurance in Alabama and Mississippi, having spent most of his …
State Auto, NuGrowth Columbus, Ohio-based super regional insurer, State Auto Financial Corporation, is selling its Strategic Insurance Software (SIS) subsidiary to NuGrowth Solutions, a software sales and development company also headquartered in Columbus. SIS was founded in 1995 with the …
Budget Imbalance “The budget of the department is $10 million. The CEO of State Farm makes more than that.” —Mississippi Insurance Commissioner Mike Chaney discussing what it’s like to oppose giant State Farm and its bid for a 45% homeowners …
Mississippi’s insurance regulator has given State Farm extra time to try to justify its request to raise coastal homeowners insurance rates an average 45 percent even though he has already indicated he won’t approve that big of an increase. Chaney …
9.6% The proposed average voluntary market decrease in workers’ compensation rates in North Carolina. Insurance Commissioner Wayne Goodwin has also received a filing requesting a a 1.3 percent increase in the assigned risk market. If approved, these loss cost rate …
