The South Carolina Safe Home Hurricane Damage Mitigation Program has a new Web site. The new site, www.scsafehome.sc.gov, offers information about the damage mitigation grant program as well as information about the various retrofit measures homeowners can take to make …
American International Group’s deal with the government is a bankruptcy liquidation in all but name, and the $85 billion it has borrowed may not be enough extra money to pay off all its obligations, particularly in its derivatives books. AIG …
“The global reinsurance market plays an integral role in spreading US hurricane risk around the world,” said a bulletin from the Association of Bermuda Insurers and Reinsurers (ABIR). “Without it, the risk would be concentrated in a single state (or …
Getting people back in their homes quickly is vital to hurricane recovery, the head of a national program to build more storm-resistant homes said at a conference in South Carolina. “The faster you get the people back, the faster the …
Everest Security Insurance Co., a U.S. insurance subsidiary of Everest Re Group Ltd., is now offering non-standard automobile insurance in South Carolina through its network of independent agents. Everest Security Insurance Co. underwrites non-standard automobile insurance in Georgia and Alabama …
Manhasset, New York-based NIF Property Solutions, a division of NIF Group, Inc., said it will act as the exclusive underwriter of a new product for property risks in 14 East and Gulf Coast states. The product is being offered in …
Norcross, Georgia-based NovaNet, a national preferred provider organization, expanded its offerings to include a national workers’ compensation network. With direct contracts in Alabama, Georgia, Florida, South Carolina and Tennessee and affiliate PPO relationships in other states, NovaNet is able to …
Hawaii Insurance Commissioner J.P. Schmidt announced a new insurance option for homeowners; effective Sept. 22, 2008, Universal North America Insurance Co. will offer homeowners (including hurricane option), dwelling, fire, and flood policies in the state, with automobile coverage expected to …
Tropical Storm Hanna blew ashore over tourist beaches on the North-South Carolina border early on Sept. 6 at the start of a projected dash up the Eastern Seaboard. The National Hurricane Center in Miami said Hanna’s center came on land …
A South Carolina woman admitted scamming West Virginia’s workers’ compensation system for more than 15 years. Prosecutors said 60-year-old Harriett Miller of Georgetown, S.C., stole checks totaling nearly $116,000 that the state sent to Hazel Allen after Allen died in …
