Insurance Journal » Southeast News http://www.insurancejournal.com Insurance Journal delivers the latest business news for the Property/Casualty insurance industry Thu, 30 Oct 2014 12:48:45 +0000 en-US hourly 1 http://wordpress.org/?v=3.9.2 South Carolina Liquidating Commercial Auto Insurer First Keystone http://www.insurancejournal.com/news/southeast/2014/10/29/345279.htm Wed, 29 Oct 2014 16:36:04 +0000 http://www.insurancejournal.com/?p=345279 The South Carolina Department of Insurance last week declared an insurer that specialized in providing commercial auto insurance to be insolvent and the insurer is now being liquidated. The First Keystone Risk Retention Group Inc. wrote taxis and other commercial …

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Tennessee Officials Ask for Help on 16 Arsons http://www.insurancejournal.com/news/southeast/2014/10/29/345205.htm Wed, 29 Oct 2014 14:05:44 +0000 http://www.insurancejournal.com/?p=345205 Police are asking for help after a string of fires in East Tennessee that have been ruled arson. Cocke County Sheriff Armando Fontes said there have been 16 arson blazes set since August, mostly in the area of Parrotsville. He …

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Mississippi County Seeks to Turn April’s Tornado Tragedy Into Opportunity http://www.insurancejournal.com/news/southeast/2014/10/29/345203.htm Wed, 29 Oct 2014 14:03:35 +0000 http://www.insurancejournal.com/?p=345203 Six months after a devastating tornado, Winston County’s hospital is still operating out of tents and shipping containers, home rebuilding is sputtering along and it may be another year before a new plywood mill opens. Still, leaders in Louisville say …

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UnitedHealthcare to Join Alabama Health Insurance Exchange http://www.insurancejournal.com/news/southeast/2014/10/28/344963.htm Tue, 28 Oct 2014 13:56:55 +0000 http://www.insurancejournal.com/?p=344963 Alabama consumers will see more competition when the health insurance marketplace opens next month for its second year. United Healthcare took a cautious approach to the marketplaces the first year and chose not to participate in most states, including staying …

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Republican Atwater Expected to Easily Retain Florida CFO Seat http://www.insurancejournal.com/news/southeast/2014/10/28/344867.htm Tue, 28 Oct 2014 09:30:04 +0000 http://www.insurancejournal.com/?p=344867 The races for two of Florida’s most important offices, state agriculture commissioner and chief financial officer, both pit incumbent Republicans with big campaign coffers against little-known Democrats who haven’t raised much money. CFO Jeff Atwater and Agriculture Commissioner Adam Putnam …

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Florida Gov. Scott Orders 21-Day Monitoring for Ebola http://www.insurancejournal.com/news/southeast/2014/10/27/344864.htm Mon, 27 Oct 2014 15:50:50 +0000 http://www.insurancejournal.com/?p=344864 Florida Gov. Rick Scott is ordering twice daily monitoring for anyone returning from places the federal Centers for Disease Control and Prevention designates as affected by Ebola. Scott signed the order Saturday, giving the Florida Health Department authority to monitor …

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Kentucky Man Falsely Identified As Drug Offender Seeks Lost Wages http://www.insurancejournal.com/news/southeast/2014/10/27/344861.htm Mon, 27 Oct 2014 15:48:56 +0000 http://www.insurancejournal.com/?p=344861 A northern Kentucky man says a case of mistaken identity cost him thousands in pay and the respect of family and friends. Dana J. Davis said he found out his photo was distributed in an online newsletter put together by …

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Mississippi County Rejects State Building Code http://www.insurancejournal.com/news/southeast/2014/10/27/344803.htm Mon, 27 Oct 2014 10:15:58 +0000 http://www.insurancejournal.com/?p=344803 The Lafayette County Board of Supervisors has voted to opt out of state building codes and instead draw up their own. The board will hold a public hearing on Nov. 17 to gather input from the community. A law that …

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Mississippi County Expects Insurance to Cover $165K Embezzlement http://www.insurancejournal.com/news/southeast/2014/10/24/344694.htm Fri, 24 Oct 2014 13:34:00 +0000 http://www.insurancejournal.com/?p=344694 Officials in Adams County, Mississippi are expecting an insurance policy to cover the $165,000 allegedly embezzled from its juvenile justice center. Board of Supervisors Attorney Scott Slover tells The Natchez Democrat the insurance should cover 100 percent of the loss. …

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Florida Is Hot Spot for Luxury Car Theft http://www.insurancejournal.com/news/southeast/2014/10/23/344655.htm Fri, 24 Oct 2014 01:43:05 +0000 http://www.insurancejournal.com/?p=344655 Drivers of luxury vehicles in Florida should watch out. Their cars are the least likely in the U.S. to be returned if stolen. More than 25 percent of luxury cars taken from the beginning of 2010 through 2013 were never …

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Florida’s AssuredPartners Acquires Alabama’s Turner & Hamrick http://www.insurancejournal.com/news/southeast/2014/10/23/344653.htm Fri, 24 Oct 2014 01:35:29 +0000 http://www.insurancejournal.com/?p=344653 Agency acquirer AssuredPartners Inc. of St. Mary, Florida, has purchased the assets of Turner & Hamrick, LLC, headquartered in Troy, Alabama. The Alabama agency specializes in insurance for the trucking industry, in addition to coverage for businesses, individuals, and professional …

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Florida Gov. Scott Seeks Insurance Agents’ Help to Get Out Vote http://www.insurancejournal.com/news/southeast/2014/10/23/344552.htm Thu, 23 Oct 2014 14:38:58 +0000 http://www.insurancejournal.com/?p=344552 Florida Governor Rick Scott is urging insurance agents to do their part to get out the vote as the state’s gubernatorial campaign enters its final weeks. Former Republican Governor Charlie Crist is running as a Democrat against Republican Scott in …

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550 West Virginia Coal Miners Flunk Drug Tests http://www.insurancejournal.com/news/southeast/2014/10/22/344417.htm Wed, 22 Oct 2014 15:10:07 +0000 http://www.insurancejournal.com/?p=344417 In the last two years, more than 550 West Virginia coal miners have temporarily lost their mining certifications because they failed a drug test. State Office of Miner’s Health, Safety and Training Eugene White released the numbers to a legislative …

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Georgia Estimates Insured Storm Damage at $6 Million http://www.insurancejournal.com/news/southeast/2014/10/22/344415.htm Wed, 22 Oct 2014 15:04:34 +0000 http://www.insurancejournal.com/?p=344415 The Georgia Insurance Commissioner said consumers have reported multimillion dollar insured losses from a storm that included several tornadoes. Commissioner Ralph Hudgens said that reported damage from last week’s storm is estimated to be roughly $6 million. Hudgens said consumers …

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North Carolina Opens Hearing on Homeowners Rate Hike http://www.insurancejournal.com/news/southeast/2014/10/22/344409.htm Wed, 22 Oct 2014 15:02:13 +0000 http://www.insurancejournal.com/?p=344409 North Carolina’s insurance commissioner on Monday began deciding whether to allow homeowners’ coverage costs to rise by as much as 35 percent even as some insurers demand even higher rates in agreements with customers. Craig Smith has seen the annual …

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Progressive Announces New Boat Coverages in Florida http://www.insurancejournal.com/news/southeast/2014/10/22/344309.htm Wed, 22 Oct 2014 10:30:54 +0000 http://www.insurancejournal.com/?p=344309 The Progressive Group of Insurance Cos., which insures more than one million watercrafts nationwide, has launched a line of new boating coverage options targeting Florida’s large population of boating enthusiasts. The Mayfield Village, Ohio-based company noted data from the National …

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‘Fangate’ Stirs Florida Insurance Industry Fears Over Gubernatorial Election http://www.insurancejournal.com/news/southeast/2014/10/21/344226.htm Tue, 21 Oct 2014 14:07:19 +0000 http://www.insurancejournal.com/?p=344226 If Florida’s insurance industry was looking for any certainty about the results of the looming governor’s race between Governor Rick Scott and former Governor Charlie Crist, they didn’t find it after last week’s gubernatorial debate, which almost did not happen …

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Erie Insurance Group Enters Kentucky Market http://www.insurancejournal.com/news/southeast/2014/10/21/344137.htm Tue, 21 Oct 2014 10:35:16 +0000 http://www.insurancejournal.com/?p=344137 Erie Insurance Group has begun to offer its products in the Kentucky market. The Erie, Pennsylvania-based insurer said its entry into Kentucky marks its first geographic expansion in more than 10 years. Erie Insurance said it now has operations in …

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Mississippi Regulator Reviewing 3.2% Workers’ Compensation Rate Cut http://www.insurancejournal.com/news/southeast/2014/10/20/344058.htm Mon, 20 Oct 2014 12:29:35 +0000 http://www.insurancejournal.com/?p=344058 Employers in Mississippi could be paying less for workers’ compensation insurance as early as next March, pending approval of a rate filing at the Mississippi Insurance Department. The National Council on Compensation Insurance (NCCI) has filed an average 3.2 percent …

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Appeals Court Upholds Prison Term for Gulf Oil Spill Claims Fraud http://www.insurancejournal.com/news/southeast/2014/10/20/344053.htm Mon, 20 Oct 2014 10:35:34 +0000 http://www.insurancejournal.com/?p=344053 A federal appeals court has upheld the fraud conviction of man who pretended to be a shrimp-boat captain and alleged he lost his livelihood to collect oil spill recovery money. A three-judge panel of the 5th U.S. Court of Appeals …

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South Carolina Jury Awards $97 Million in Mayor’s Shooting http://www.insurancejournal.com/news/southeast/2014/10/20/343964.htm Mon, 20 Oct 2014 09:30:02 +0000 http://www.insurancejournal.com/?p=343964 A federal jury in Charleston has awarded the family of the former mayor of Cottageville $97 million for his shooting death. The jury reached the decision in the negligence and wrongful death suit filed by the family of Burt Reeves. …

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Mississippi Businessmen Seek $7.9M from Texas Lawyers for BP Claim Referrals http://www.insurancejournal.com/news/southeast/2014/10/17/343961.htm Fri, 17 Oct 2014 14:28:33 +0000 http://www.insurancejournal.com/?p=343961 Three Mississippi businessmen argue in a federal lawsuit that Texas attorneys owe them $7.9 million for steering to them thousands of people seeking to resolve claims against BP from the 2010 Gulf oil spill. Gulf Coast businessmen Scott Walker, Kirk …

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Florida County Not Liable for Boy’s Death on Beach http://www.insurancejournal.com/news/southeast/2014/10/16/343804.htm Thu, 16 Oct 2014 11:43:49 +0000 http://www.insurancejournal.com/?p=343804 A judge has ruled in favor of Volusia County in a family’s lawsuit over the death of their 4-year-old son who was fatally struck by a pickup truck on Daytona Beach. Judge Robert Rouse wrote that Aiden Patrick’s father was …

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Alabama Trio Convicted in $2 Million Gulf Oil Spill Claims Fraud http://www.insurancejournal.com/news/southeast/2014/10/16/343802.htm Thu, 16 Oct 2014 11:41:50 +0000 http://www.insurancejournal.com/?p=343802 Federal prosecutors said three people have been convicted of fraudulently filing Gulf Oil Spill Fund loss claims. Officials said 53-year-old Marcella Truss, her 42-year-old husband Martee Davis and the woman’s 42-year-old brother Howard Carroway were each found guilty of trying …

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Florida Regulators Consider NCCI Request for 3.3% Rate Decrease http://www.insurancejournal.com/news/southeast/2014/10/15/343732.htm Wed, 15 Oct 2014 17:40:07 +0000 http://www.insurancejournal.com/?p=343732 Florida’s workers’ compensation insurers rating agency says its request for a 3.3 decrease in rates reflects a stable market, although it cautioned that pending court cases could severely impact the state’s system. The National Council on Compensation Insurance initially filed …

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Insurer Group Honors 3 Tennessee Lawmakers for Litigation Funding Law http://www.insurancejournal.com/news/southeast/2014/10/15/343622.htm Wed, 15 Oct 2014 14:17:22 +0000 http://www.insurancejournal.com/?p=343622 The National Association of Mutual Insurance Companies presented its State Legislator of the Year Award to three Tennessee state legislators. Reps. Curtis Johnson and Charles Sargent and Sen. Jack Johnson were recognized for helping to improve the insurance market in …

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Severe Storm Claims 2 Lives, Knocks Out Power in South http://www.insurancejournal.com/news/southeast/2014/10/15/343594.htm Wed, 15 Oct 2014 13:14:30 +0000 http://www.insurancejournal.com/?p=343594 A severe storm system rolled across the South for a second day Tuesday, knocking out power to thousands as it made a mess of the morning commute in Atlanta and other Southern cities. The storm, which claimed two lives a …

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