Insurance Journal » Southeast News http://www.insurancejournal.com Insurance Journal delivers the latest business news for the Property/Casualty insurance industry Mon, 22 Sep 2014 01:20:05 +0000 en-US hourly 1 http://wordpress.org/?v=3.9.2 Commercial Rates in Florida’s Citizens Going Up 3.3% http://www.insurancejournal.com/news/southeast/2014/09/21/341225.htm Mon, 22 Sep 2014 01:18:23 +0000 http://www.insurancejournal.com/?p=341225 Rates for the almost 100,000 commercial property risks insured by Florida’s Citizens Property Insurance Corp. will rise an average 3.3 percent next February. The Florida Office of Insurance Regulation (OIR) has approved the increase, which is less that the average …

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Alabama City Employs Sting Operation on Uber Drivers http://www.insurancejournal.com/news/southeast/2014/09/19/341132.htm Fri, 19 Sep 2014 14:49:40 +0000 http://www.insurancejournal.com/?p=341132 Tuscaloosa, Alabama police are using undercover operations to nab drivers with the Uber ride-sharing service. Police said Wednesday a two-night sting last week resulted in a 50-year-old Mississippi woman getting tickets for charges that include operating a cab without a …

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How South Carolina Has Changed Disaster Plans in 25 Years Since Hurricane Hugo http://www.insurancejournal.com/news/southeast/2014/09/19/341129.htm Fri, 19 Sep 2014 14:41:48 +0000 http://www.insurancejournal.com/?p=341129 This weekend’s 25th anniversary of Hurricane Hugo offers South Carolina residents the chance to remember the devastation wrought by their worst storm in the past century – and to be ready in case another such tempest comes. Hugo made landfall …

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Judge Approves $2.9 Million West Virginia Chemical Spill Deal http://www.insurancejournal.com/news/southeast/2014/09/19/341125.htm Fri, 19 Sep 2014 14:29:25 +0000 http://www.insurancejournal.com/?p=341125 A federal bankruptcy judge has approved a $2.9 million settlement that would benefit 300,000 people whose water was contaminated in a January chemical spill. Judge Ronald Pearson filed the order this past Tuesday in U.S. Bankruptcy Court in Charleston. Pearson’s …

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North Carolina Claims Rep, Wife Accused of Insurance Fraud http://www.insurancejournal.com/news/southeast/2014/09/18/340989.htm Thu, 18 Sep 2014 14:52:43 +0000 http://www.insurancejournal.com/?p=340989 North Carolina insurance officials have accused a Charlotte man of issuing what is described as unauthorized claim checks and funneling the money into his wife’s bank account. The N.C. Department of Insurance says 36-year-old Claymonte Rashawn McNeill and 39-year-old Michelle …

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Building Stronger, Other Lessons from Hurricane Ivan at 10th Anniversary http://www.insurancejournal.com/news/southeast/2014/09/18/340985.htm Thu, 18 Sep 2014 14:28:22 +0000 http://www.insurancejournal.com/?p=340985 This week marks the 10th anniversary of Hurricane Ivan, one of the costliest tropical storms to ever hit the U.S. Ivan came ashore near Gulf Shores, Alabama, on Sept. 16, 2004, as a Category 3 storm. The storm also battered …

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West Virginia Spill Lawsuit Scheduled for Next September http://www.insurancejournal.com/news/southeast/2014/09/17/340830.htm Wed, 17 Sep 2014 16:09:17 +0000 http://www.insurancejournal.com/?p=340830 A lawsuit against a water company, chemical producer, airport and others over a January chemical spill won’t get a hearing for another year. The consolidated lawsuit that targets West Virginia American Water, Eastman Chemical, Yeager Airport and others has a …

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AssuredPartners Promotes Berman to Southeast VP Post http://www.insurancejournal.com/news/southeast/2014/09/17/340821.htm Wed, 17 Sep 2014 15:51:30 +0000 http://www.insurancejournal.com/?p=340821 Lake Mary, Florida-based AssuredPartners Inc. has promoted Louis Berman to the new role of regional vice president. In his new position, Berman will focus on strategic growth and development opportunities and operational oversight for AssuredPartners platform companies Assured Neace Lukens …

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U.S. Grant to Help Tennessee Reduce Worker Misclassification http://www.insurancejournal.com/news/southeast/2014/09/17/340818.htm Wed, 17 Sep 2014 15:45:23 +0000 http://www.insurancejournal.com/?p=340818 Tennessee has received a $499,000 federal grant for efforts to stop worker misclassification. According to the U.S. Department of Labor, the money will help Tennessee’s unemployment insurance tax programs identify instances where employees are misclassified as independent contracts. The money …

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North Carolina Touts Strong First Year with Captives http://www.insurancejournal.com/news/southeast/2014/09/17/340806.htm Wed, 17 Sep 2014 15:31:11 +0000 http://www.insurancejournal.com/?p=340806  In less than a year since its captive-enabling legislation went into effect, North Carolina says it is making progress towards its goal of becoming a leading captive domicile. To date, the North Carolina Department of Insurance said it has licensed …

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Sinkholes Continue Taking a Toll in Southeast http://www.insurancejournal.com/news/southeast/2014/09/16/340591.htm Tue, 16 Sep 2014 15:55:36 +0000 http://www.insurancejournal.com/?p=340591 Solid ground isn’t always a certainty. Sinkholes can lurk anywhere, beneath suburban homes, city streets or even football stadiums and museums. It’s basic geology: Sinkholes open when soil collapses into large holes, caused by flowing water in underground limestone. Their …

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Mississippi Wind Pool Ending Rate Break for Large Firms http://www.insurancejournal.com/news/southeast/2014/09/16/340565.htm Tue, 16 Sep 2014 14:30:26 +0000 http://www.insurancejournal.com/?p=340565 Large businesses and government agencies have been getting a big break on premiums in Mississippi’s coastal insurer of last resort, but it’s coming to an end. Mississippi Windstorm Underwriting Association representatives told the Sun Herald that the wind pool’s residential …

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EMPLOYERS Launches Work-Related Injury Hotline for Florida Small Business Clients http://www.insurancejournal.com/news/southeast/2014/09/16/340532.htm Tue, 16 Sep 2014 10:00:39 +0000 http://www.insurancejournal.com/?p=340532 Small business insurer EMPLOYERS has launched Coventry/NT24, a 24-hour hotline staffed by registered nurses who provide medical guidance over the phone for work-related injuries or illnesses. The service is available to EMPLOYERS workers’ compensation policyholders in Florida. Coventry/NT24 is staffed …

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Insurer to Pay for Florida Gators-Idaho Vandals Cancelled Game http://www.insurancejournal.com/news/southeast/2014/09/15/340449.htm Mon, 15 Sep 2014 14:33:22 +0000 http://www.insurancejournal.com/?p=340449 The University of Florida’s Athletic Department is scheduled to collect $1.8 million under a Lloyd’s of London insurance policy that covers the loss of ticket revenue in the event a home game is cancelled. The University of Florida Gators were …

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Wotring Joins J.M. Wilson for Southern Territory http://www.insurancejournal.com/news/southeast/2014/09/15/340447.htm Mon, 15 Sep 2014 13:21:53 +0000 http://www.insurancejournal.com/?p=340447 Surplus lines broker J.M. Wilson announced the addition of Wendy Wotring as a sales and agency relations specialist for North Carolina and Tennessee. Wotring has held a variety of positions in the insurance industry over the past 25 years, 13 of …

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Soccer Player Sues Over Alleged Clemson Hazing http://www.insurancejournal.com/news/southeast/2014/09/15/340445.htm Mon, 15 Sep 2014 13:16:07 +0000 http://www.insurancejournal.com/?p=340445 An ex-Clemson women’s soccer player has sued Tigers coach Eddie Radwanski, his assistants and several former teammates for a 2011 hazing ritual in which she says she was blindfolded and ran into a brick wall at the team’s playing field. …

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Brown & Brown Promotes Freebourn to Additional Post of People Officer http://www.insurancejournal.com/news/southeast/2014/09/12/340338.htm Fri, 12 Sep 2014 14:52:16 +0000 http://www.insurancejournal.com/?p=340338 Florida-based insurance intermediary Brown & Brown Inc. has promoted Richard A. Freebourn, Sr. to the position of People Officer. In addition to leading internal operations and internal audit for the company, Freebourn will assume the additional duties in the traditional …

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Florida Insurance Scammer Steinger Appeals Prison Sentence http://www.insurancejournal.com/news/southeast/2014/09/12/340329.htm Fri, 12 Sep 2014 14:05:58 +0000 http://www.insurancejournal.com/?p=340329 The man who masterminded an $800 million Florida insurance scam that fleeced more than 30,000 investors is appealing his 20-year prison term. The attorney for 64-year-old Joel Steinger filed notice of appeal this week in Miami federal court. Steinger was …

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Florida Gets $7 Million in Grants for Health Insurance Navigators http://www.insurancejournal.com/news/southeast/2014/09/12/340208.htm Fri, 12 Sep 2014 10:00:17 +0000 http://www.insurancejournal.com/?p=340208 Three Florida organizations will receive nearly $7 million to help consumers sign up for health insurance during the second enrollment season under the Affordable Care Act. Health and Human Services officials said  that the grants given to the University of …

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Alabama Man Refiles Circumcision Lawsuit http://www.insurancejournal.com/news/southeast/2014/09/11/340218.htm Thu, 11 Sep 2014 15:31:20 +0000 http://www.insurancejournal.com/?p=340218 An Alabama man has refiled his lawsuit claiming a botched circumcision led to the amputation of his penis. An attorney for Johnny Lee Banks Jr. filed an amended complaint this past Monday. It comes about a month after a judge …

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Florida Study Finds Recreational Fishermen Lost $585M in Gulf Oil Spill http://www.insurancejournal.com/news/southeast/2014/09/11/340197.htm Thu, 11 Sep 2014 15:06:46 +0000 http://www.insurancejournal.com/?p=340197 Recreational anglers who normally fish in the Gulf lost up to $585 million from lost fishing opportunities in the year of the Deepwater Horizon oil spill and could be entitled to compensation, according to a new University of Florida study. …

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Accountants to Face Malpractice Claims in Alabama’s Colonial Bancorp Failure http://www.insurancejournal.com/news/southeast/2014/09/11/340186.htm Thu, 11 Sep 2014 13:47:19 +0000 http://www.insurancejournal.com/?p=340186 Accounting firms PricewaterhouseCoopers and Crowe Horwath must face a lawsuit accusing them of professional malpractice and breach of contract for not catching a fraud that led to the 2009 collapse of Colonial Bank, a federal judge has ruled. Filed in …

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How Strong Is Florida’s ‘Revived’ Homeowners Market? http://www.insurancejournal.com/news/southeast/2014/09/11/340172.htm Thu, 11 Sep 2014 12:35:06 +0000 http://www.insurancejournal.com/?p=340172 As Florida seeks to revive its private home insurance market after almost a decade without a hurricane, homeowners are pouring $6 billion a year in premiums into a new generation of small, in-state insurance companies with an unproven record of …

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Burns & Wilcox Brokerage Opens Atlanta Office, Hires 3 Brokers http://www.insurancejournal.com/news/southeast/2014/09/10/340142.htm Wed, 10 Sep 2014 20:42:17 +0000 http://www.insurancejournal.com/?p=340142 Burns & Wilcox Brokerage has opened an office in Atlanta and hired three specialty property brokers for the new location. The new hires are Barry Whitton, managing director; Brent Lazenby, broker; and Thad Crane, broker. Whitton will lead the new …

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Judge Worried Freedom Industries to Abandon Chemical Spill Cleanup http://www.insurancejournal.com/news/southeast/2014/09/10/340104.htm Wed, 10 Sep 2014 16:20:33 +0000 http://www.insurancejournal.com/?p=340104 A bankruptcy judge is concerned that a chemical company may abandon the site of a massive January spill without cleaning it up. Judge Ronald Pearson expressed the concern in an order filed last Friday in U.S. Bankruptcy Court in Charleston. …

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West Virginia Nixes Special Session on Storage Tank Rules http://www.insurancejournal.com/news/southeast/2014/09/10/340102.htm Wed, 10 Sep 2014 16:15:18 +0000 http://www.insurancejournal.com/?p=340102 West Virginia Gov. Earl Ray Tomblin plans to use administrative fixes instead of a special session to adjust a law regulating above-ground storage tanks. On Monday, Tomblin’s top environmental official spelled out a three-tiered system for how tank owners can …

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Oil Trains Passing Through Kentucky on Regular Basis http://www.insurancejournal.com/news/southeast/2014/09/10/339989.htm Wed, 10 Sep 2014 10:00:45 +0000 http://www.insurancejournal.com/?p=339989 Freight trains loaded with volatile crude oil crisscross seven Kentucky counties on a weekly basis, carrying loads that emergency management officials in the state know little about. As many as five CSX Corp. trains carry oil from the upper Great …

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Florida Approves Rate Cuts for Citizens Property Customers http://www.insurancejournal.com/news/southeast/2014/09/09/340013.htm Tue, 09 Sep 2014 15:56:43 +0000 http://www.insurancejournal.com/?p=340013 Florida’s insurance regulator has approved rate decreases for policyholders of Citizens Property Insurance Corp. The approval means for the first time in five years a majority of the state-backed insurer’s 998,800 policyholders will see rates go down on average. Florida …

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Lighthouse Insurance Expands Homeowners Program to North Carolina http://www.insurancejournal.com/news/southeast/2014/09/09/340011.htm Tue, 09 Sep 2014 15:56:06 +0000 http://www.insurancejournal.com/?p=340011 Beginning in November 2014, Lighthouse Property Insurance Corp. will offer homeowners insurance and flood insurance throughout North Carolina. While Lighthouse will debut in the state with only homeowners and flood, it expects to introduce a dwelling fire product in 2015. …

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University of Kentucky to Study Workplace Safety in Appalachia http://www.insurancejournal.com/news/southeast/2014/09/09/339987.htm Tue, 09 Sep 2014 14:21:23 +0000 http://www.insurancejournal.com/?p=339987 A center at the University of Kentucky is receiving a five-year, $5 million grant to improve occupational health and safety in central Appalachia and Kentucky. UK said the region reports higher rates of occupational injuries and fatalities than the rest …

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