October 22, 2009
Universal Property and Casualty Insurance Co. (UPCIC) reports it has received approval for a premium rate increase for its homeowners program in Florida. The premium rate increase, which will average approximately 14.6 percent statewide, was approved by the Florida Office …
October 19, 2009
Wildfire Lessons “I’ll be very honest about it – we haven’t come up with anything different we could do.” —Fire Chief Garry Alderman, who heads the fire and rescue agency for wildfire-prone Horry County, South Carolina. He won’t alter his …
October 15, 2009
Homeowners Choice, Inc., a Florida-only homeowners insurance company founded in 2006, has sent a letter to the board of directors of 21st Century Holding Co. proposing a merger between the two companies. In an Oct. 12 letter addressed to Bruce …
October 12, 2009
Two North Carolina companies have filed a complaint in federal court aimed at removing them from liability in the deaths of two women killed in a parasailing crash. The Sun News of Myrtle Beach, S.C. reported that the complaint by …
October 6, 2009
The Chubb Group has extended its post-catastrophe inspection service to homeowners insurance customers who own a secondary or seasonal home in Georgia and South Carolina and who may not be able to visit their property immediately after a hurricane or …
October 5, 2009
One Priority Will be Growing the Captive Sector, Says Former Department Employee Attorney Maria Sheffield has become the latest candidate to enter the Republican primary to be the next insurance commissioner in Georgia. Sheffield is an attorney with Burr, Forman …
October 5, 2009
The fire chief in one of South Carolina’s busiest tourist spots said he won’t alter his agency’s practices even though his crews failed to extinguish a small blaze that mushroomed into the worst wildfire in state history. Chief Garry Alderman, …
October 5, 2009
Hurricane Hugo was the most costly hurricane ever to hit the United States when it made landfall in South Carolina in 1989, causing $4.2 billion in insured damage. Since then, the total insured property along South Carolina’s coast has grown …
October 5, 2009
20% The percentage of U.S. drivers who admit they have read or sent a text message while behind the wheel, even though nearly all of the respondents considered such action unacceptable, according to an AAA survey. $500 Million Georgia Insurance …
October 5, 2009
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 …