Insurance Journal » Southeast News http://www.insurancejournal.com Insurance Journal delivers the latest business news for the Property/Casualty insurance industry Fri, 22 May 2015 16:47:43 +0000 en-US hourly 1 http://wordpress.org/?v=4.2.2 More North Carolina Wells Near Duke Coal Ash Pits Show Water Contamination http://www.insurancejournal.com/news/southeast/2015/05/22/369072.htm Fri, 22 May 2015 10:00:54 +0000 http://www.insurancejournal.com/?p=369072 North Carolina officials are warning even more residents living near Duke Energy’s coal ash pits that it’s not safe to drink or cook with their well water. The state Department of Environment and Natural Resources said Wednesday that 191 drinking …

The article More North Carolina Wells Near Duke Coal Ash Pits Show Water Contamination appeared first on Insurance Journal.

]]>
ConAgra to Settle Georgia Peanut Butter Salmonella Charges for $11.2M http://www.insurancejournal.com/news/southeast/2015/05/22/369062.htm Fri, 22 May 2015 10:00:37 +0000 http://www.insurancejournal.com/?p=369062 ConAgra Foods agreed to pay $11.2 million, a sum that includes the highest criminal fine ever in a U.S. food safety case, to settle a federal charge that the company shipped Peter Pan peanut butter tainted with salmonella from a …

The article ConAgra to Settle Georgia Peanut Butter Salmonella Charges for $11.2M appeared first on Insurance Journal.

]]>
IFG Companies Adds DeCouto as VP of Primary Property Unit in Atlanta http://www.insurancejournal.com/news/southeast/2015/05/22/368898.htm Fri, 22 May 2015 08:00:47 +0000 http://www.insurancejournal.com/?p=368898 IFG Companies has named Sophia J. DeCouto as vice president and head of the Primary Property Unit within its Brokerage Property Division. DeCouto comes to IFG Companies with experience in excess and surplus lines property underwriting, including primary property, shared …

The article IFG Companies Adds DeCouto as VP of Primary Property Unit in Atlanta appeared first on Insurance Journal.

]]>
Florida Officials Find 103 Card Skimmers at Gas Stations Statewide http://www.insurancejournal.com/news/southeast/2015/05/22/369069.htm Fri, 22 May 2015 08:00:12 +0000 http://www.insurancejournal.com/?p=369069 Officials with Florida’s Department of Agriculture say 103 skimmer devices that are used for identity theft have been discovered at more than 7,500 gas stations it inspected. The agency announced its findings this week. The report comes after three months …

The article Florida Officials Find 103 Card Skimmers at Gas Stations Statewide appeared first on Insurance Journal.

]]>
Prosecutors Say Ex-Security Guard Helped Thieves in Kentucky Bourbon Theft Ring http://www.insurancejournal.com/news/southeast/2015/05/21/368933.htm Thu, 21 May 2015 05:14:37 +0000 http://www.insurancejournal.com/?p=368933 The alleged head of a bourbon theft ring recruited a security guard and paid her $800 to look the other way as thieves spirited away thousands of dollars’ worth of whiskey from a Kentucky distillery, prosecutors said this week. Leslie …

The article Prosecutors Say Ex-Security Guard Helped Thieves in Kentucky Bourbon Theft Ring appeared first on Insurance Journal.

]]>
Georgia Officers Issue 270 Tickets Under ‘Slow Poke’ Law http://www.insurancejournal.com/news/southeast/2015/05/21/368929.htm Thu, 21 May 2015 05:00:00 +0000 http://www.insurancejournal.com/?p=368929 The Georgia State Patrol says officers have written about 270 tickets under a law that makes it illegal to block faster drivers in the left-hand lane. The state’s so-called “slow poke” law took effect in July 2014. WSB-TV reports officers …

The article Georgia Officers Issue 270 Tickets Under ‘Slow Poke’ Law appeared first on Insurance Journal.

]]>
30 More Arrested in Second Wave of Massive Florida Insurance Fraud Scheme http://www.insurancejournal.com/news/southeast/2015/05/21/368920.htm Thu, 21 May 2015 04:49:14 +0000 http://www.insurancejournal.com/?p=368920 Florida CFO and State Fire Marshal Jeff Atwater, alongside Miami-Dade State Attorney Katherine Fernandez Rundle, has made more than 30 arrests during the second wave of a collaborative state and local operation known as “Operation Flames and Floods.” The investigation …

The article 30 More Arrested in Second Wave of Massive Florida Insurance Fraud Scheme appeared first on Insurance Journal.

]]>
A.M. Best Upgrades Issuer Credit Ratings of Medical Mutual of North Carolina http://www.insurancejournal.com/news/southeast/2015/05/21/368914.htm Thu, 21 May 2015 04:07:10 +0000 http://www.insurancejournal.com/?p=368914 A.M. Best has upgraded the issuer credit ratings (ICR) to “a+” from “a” and affirmed the financial strength rating of A (Excellent) of Medical Mutual Insurance Company of North Carolina (Medical Mutual) and its wholly owned subsidiary, Medical Security Insurance …

The article A.M. Best Upgrades Issuer Credit Ratings of Medical Mutual of North Carolina appeared first on Insurance Journal.

]]>
Florida-Based Orchid Underwriters Appoints Lynda Butler As CFO http://www.insurancejournal.com/news/southeast/2015/05/20/368749.htm Wed, 20 May 2015 08:00:56 +0000 http://www.insurancejournal.com/?p=368749 Orchid Underwriters Insurance Agency, LLC, a specialty underwriter of property insurance focusing on coastal properties, has named Lynda Butler as chief financial officer. She will also become a member of the Executive Management Committee at Orchid, along with Chairman Ken …

The article Florida-Based Orchid Underwriters Appoints Lynda Butler As CFO appeared first on Insurance Journal.

]]>
South Carolina City Paints Patrol Car Like Taxi to Discourage Drunk Driving http://www.insurancejournal.com/news/southeast/2015/05/20/368763.htm Wed, 20 May 2015 04:46:19 +0000 http://www.insurancejournal.com/?p=368763 The Spartanburg, S.C., Police Department has come up with a unique way to draw attention to the cost of drunk driving. The department announced last month that it will be stationing a police car in the downtown area with the …

The article South Carolina City Paints Patrol Car Like Taxi to Discourage Drunk Driving appeared first on Insurance Journal.

]]>
North Carolina Lawmakers Send Bill Targeting Group Home Abuse to Governor http://www.insurancejournal.com/news/southeast/2015/05/20/368760.htm Wed, 20 May 2015 04:32:58 +0000 http://www.insurancejournal.com/?p=368760 The General Assembly has agreed to put new rules in place targeting people who harm group home residents and increasing responsibilities on those who work at the homes to report abuse they see. The Senate agreed May 14 to its …

The article North Carolina Lawmakers Send Bill Targeting Group Home Abuse to Governor appeared first on Insurance Journal.

]]>
Man Files Lawsuit Claiming Cancer Institute in Kentucky Lost Piece of His Brain http://www.insurancejournal.com/news/southeast/2015/05/20/368755.htm Wed, 20 May 2015 04:04:49 +0000 http://www.insurancejournal.com/?p=368755 A man has filed a lawsuit against Norton Healthcare in Kentucky, claiming employees lost a piece of his brain after surgery. The Courier-Journal reports 72-year-old Fred Habermel underwent surgery at Norton Cancer Institute in Louisville last year in an experimental …

The article Man Files Lawsuit Claiming Cancer Institute in Kentucky Lost Piece of His Brain appeared first on Insurance Journal.

]]>
Florida Bans Price Optimization; Insurers Question Definition http://www.insurancejournal.com/news/southeast/2015/05/19/368635.htm Tue, 19 May 2015 12:32:17 +0000 http://www.insurancejournal.com/?p=368635 A memorandum released last week by Florida Insurance Commissioner Kevin McCarty warning insurers in the state not to use price optimization in rating has gotten cheers from a consumer advocate group and jeers from an insurance industry trade association that …

The article Florida Bans Price Optimization; Insurers Question Definition appeared first on Insurance Journal.

]]>
Family of Man Shot by Charlotte Police Settle with City for $2M http://www.insurancejournal.com/news/southeast/2015/05/19/368611.htm Tue, 19 May 2015 04:46:36 +0000 http://www.insurancejournal.com/?p=368611 The city of Charlotte has reached a $2.25 million settlement in a lawsuit brought by the family of a black man shot to death by a white police officer in 2013. City Attorney Bob Hagemann announced at a news conference …

The article Family of Man Shot by Charlotte Police Settle with City for $2M appeared first on Insurance Journal.

]]>
Florida City Bans Beach Drinking During Spring Break http://www.insurancejournal.com/news/southeast/2015/05/19/368607.htm Tue, 19 May 2015 04:25:55 +0000 http://www.insurancejournal.com/?p=368607 Panama City Beach leaders have voted to ban beach drinking during the month of March as part of larger crackdown on spring break partying. The city council approved the ban on beach drinking May 12 during a special meeting to …

The article Florida City Bans Beach Drinking During Spring Break appeared first on Insurance Journal.

]]>
Report: North Carolina Police Issued Nearly 500 Tickets With Uncalibrated Radar Guns http://www.insurancejournal.com/news/southeast/2015/05/19/368599.htm Tue, 19 May 2015 04:12:43 +0000 http://www.insurancejournal.com/?p=368599 An audit has found Asheville Police wrote nearly 500 speeding tickets using radar guns that were not calibrated. The city released audit results last week to media outlets. It included a note from interim Police Chief Steve Belcher saying the …

The article Report: North Carolina Police Issued Nearly 500 Tickets With Uncalibrated Radar Guns appeared first on Insurance Journal.

]]>
Duke Energy Settles North Carolina Coal Ash Criminal Case for $102M http://www.insurancejournal.com/news/southeast/2015/05/18/368479.htm Mon, 18 May 2015 04:36:07 +0000 http://www.insurancejournal.com/?p=368479 As Duke Energy pleaded guilty Thursday in a North Carolina courtroom to nine criminal violations of the federal Clean Water Act, federal prosecutors recounted examples where time and again the nation’s largest electricity company failed to prevent its illegal pollution. …

The article Duke Energy Settles North Carolina Coal Ash Criminal Case for $102M appeared first on Insurance Journal.

]]>
Bankruptcy Judge Rejects Freedom Industries’ Chemical Spill Settlement http://www.insurancejournal.com/news/southeast/2015/05/18/368472.htm Mon, 18 May 2015 04:11:59 +0000 http://www.insurancejournal.com/?p=368472 A judge has rejected a $6.7 million bankruptcy plan by the company behind a January 2014 chemical spill in West Virginia. In a federal bankruptcy court filing last week, Judge Ronald Pearson said Freedom Industries and state environmental regulators haven’t …

The article Bankruptcy Judge Rejects Freedom Industries’ Chemical Spill Settlement appeared first on Insurance Journal.

]]>
Report: 2014 North Carolina Bridge Collapse Caused by Design Flaw http://www.insurancejournal.com/news/southeast/2015/05/18/368469.htm Mon, 18 May 2015 04:02:22 +0000 http://www.insurancejournal.com/?p=368469 Design flaws on supporting girders of a pedestrian bridge under construction at Wake Technical Community College led to a collapse that killed one worker and injured four others in November, according to a state report. But Stewart Engineering Inc. won’t …

The article Report: 2014 North Carolina Bridge Collapse Caused by Design Flaw appeared first on Insurance Journal.

]]>
West Virginia Supreme Court Rules Addicts Can Sue Pharmacies, Doctors http://www.insurancejournal.com/news/southeast/2015/05/18/368465.htm Mon, 18 May 2015 04:00:24 +0000 http://www.insurancejournal.com/?p=368465 Pharmacies and doctors who negligently prescribed pain medication can be sued for enabling people’s addictions, the West Virginia Supreme Court ruled. The ruling involved 29 people who were patients of Mingo County’s Mountain Medical Center. Most sought treatment for job-related …

The article West Virginia Supreme Court Rules Addicts Can Sue Pharmacies, Doctors appeared first on Insurance Journal.

]]>
Tennessee Music Venue Site Hacked by Possible Islamic Militants http://www.insurancejournal.com/news/southeast/2015/05/15/368292.htm Fri, 15 May 2015 04:33:00 +0000 http://www.insurancejournal.com/?p=368292 Authorities in Tennessee say a group said to support the Islamic State militant group hacked the website of a popular Nashville music venue. Multiple news outlets report the website for the Douglas Corner Cafe was hacked by Team System DZ, …

The article Tennessee Music Venue Site Hacked by Possible Islamic Militants appeared first on Insurance Journal.

]]>
Florida’s Hurricane Insurance Fund Replenished and Ready After 9 Quiet Years http://www.insurancejournal.com/news/southeast/2015/05/15/368289.htm Fri, 15 May 2015 04:24:32 +0000 http://www.insurancejournal.com/?p=368289 Florida’s nine-year streak of avoiding hurricanes is helping the state reach a historic milestone: for the first time ever, the state-created fund designed to help pay out claims after storms has enough cash and assets on hand to pay off …

The article Florida’s Hurricane Insurance Fund Replenished and Ready After 9 Quiet Years appeared first on Insurance Journal.

]]>
Florida Approves Removal of 30,000 Policies from Citizens http://www.insurancejournal.com/news/southeast/2015/05/15/368285.htm Fri, 15 May 2015 04:19:21 +0000 http://www.insurancejournal.com/?p=368285 The Florida Office of Insurance Regulation (Office) has approved the removal of up to 30,000 personal residential policies and 50 commercial residential polices from Citizens Property Insurance Corporation (Citizens) by the following two companies: Heritage Property & Casualty Insurance Co. …

The article Florida Approves Removal of 30,000 Policies from Citizens appeared first on Insurance Journal.

]]>
Kentucky City Settles with Paramedic Fired for Criticizing Mayor on Facebook http://www.insurancejournal.com/news/southeast/2015/05/15/368104.htm Fri, 15 May 2015 04:00:15 +0000 http://www.insurancejournal.com/?p=368104 The city of Somerset, Ky., has settled with a paramedic who filed suit claiming she was fired from her job for criticizing the mayor in a Facebook post. Crystal Norton was reinstated to her job and received nearly $26,000 in …

The article Kentucky City Settles with Paramedic Fired for Criticizing Mayor on Facebook appeared first on Insurance Journal.

]]>
Eight Florida Residents Arrested for Involvement in PIP Fraud Scam http://www.insurancejournal.com/news/southeast/2015/05/14/368112.htm Thu, 14 May 2015 08:00:41 +0000 http://www.insurancejournal.com/?p=368112 Eight Broward County, Fla., residents have been arrested for PIP (personal injury protection) fraud after an investigation by the Department of Financial Services’ Division of Insurance Fraud revealed the individuals had staged a motor vehicle accident in Fort Lauderdale using …

The article Eight Florida Residents Arrested for Involvement in PIP Fraud Scam appeared first on Insurance Journal.

]]>
Miami Dade College Reaches $33.5M Settlement in Fatal Parking Garage Collapse http://www.insurancejournal.com/news/southeast/2015/05/14/368124.htm Thu, 14 May 2015 04:26:54 +0000 http://www.insurancejournal.com/?p=368124 A settlement has been reached in the case involving a collapsed parking garage at Miami Dade College. The Miami Herald reports the college reached a $33.5 million settlement with the contractor and subcontractors hired to build the garage at the …

The article Miami Dade College Reaches $33.5M Settlement in Fatal Parking Garage Collapse appeared first on Insurance Journal.

]]>
Fitch Upgrades Citizens to ‘AA-‘, Outlook Stable http://www.insurancejournal.com/news/southeast/2015/05/14/368119.htm Thu, 14 May 2015 04:01:52 +0000 http://www.insurancejournal.com/?p=368119 Fitch Ratings has upgraded the rating on the following senior secured bonds of the Citizens Property Insurance Corp., FL, PLA/CLA to ‘AA-‘ from ‘A+': –$1.1 billion series 2012A-1; –$200 million series 2012A-3 (SIFMA floating rate notes). The Rating Outlook is …

The article Fitch Upgrades Citizens to ‘AA-‘, Outlook Stable appeared first on Insurance Journal.

]]>
Richmond Insurance Agency of Kentucky joins Keystone Insurers Group http://www.insurancejournal.com/news/southeast/2015/05/13/368009.htm Wed, 13 May 2015 08:00:59 +0000 http://www.insurancejournal.com/?p=368009 Keystone Insurers Group is continuing its expansion in Kentucky with the addition of a new franchise partner in Maysville. Richmond Insurance Agency of Kentucky is the 25th independent insurance agency in the state to join Keystone’s growing group of partners. …

The article Richmond Insurance Agency of Kentucky joins Keystone Insurers Group appeared first on Insurance Journal.

]]>
Jury: Starbucks Not Liable in North Carolina Officer Coffee Burn Suit http://www.insurancejournal.com/news/southeast/2015/05/13/367998.htm Wed, 13 May 2015 08:00:52 +0000 http://www.insurancejournal.com/?p=367998 A jury in North Carolina ruled this week that Starbucks is not liable for damages after a Raleigh, N.C. police officer said he suffered third-degree burns from a cup of coffee spilling in his lap three years ago. Lt. Matt …

The article Jury: Starbucks Not Liable in North Carolina Officer Coffee Burn Suit appeared first on Insurance Journal.

]]>
State Farm Signs on as ‘Safety Patrol’ Sponsor of North Carolina Motorist Program http://www.insurancejournal.com/news/southeast/2015/05/13/368001.htm Wed, 13 May 2015 08:00:37 +0000 http://www.insurancejournal.com/?p=368001 North Carolina’s initiative to help stranded roadside motorists for free now has a “good neighbor” supporting it. The state Department of Transportation announced this week that it has signed a four-year sponsorship agreement with insurance giant State Farm for its …

The article State Farm Signs on as ‘Safety Patrol’ Sponsor of North Carolina Motorist Program appeared first on Insurance Journal.

]]>