Insurance Journal » Southeast News http://www.insurancejournal.com Insurance Journal delivers the latest business news for the Property/Casualty insurance industry Thu, 23 Oct 2014 13:37:29 +0000 en-US hourly 1 http://wordpress.org/?v=3.9.2 550 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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Florida’s Century Risk Advisors Adds Bogdanoff http://www.insurancejournal.com/news/southeast/2014/10/14/343422.htm Tue, 14 Oct 2014 13:13:32 +0000 http://www.insurancejournal.com/?p=343422 Century Risk Advisors in Boca Raton, Fla., has hired Debra Bogdanoff as a commercial insurance advisor for its Professional Practice division. In this role, Bogdanoff will be working with law firms, accounting firms and other professional clients to provide insurance …

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Slain Alabama University Student’s Family Seeks $1M Award http://www.insurancejournal.com/news/southeast/2014/10/14/343417.htm Tue, 14 Oct 2014 13:02:40 +0000 http://www.insurancejournal.com/?p=343417 The parents of slain Auburn University student Lauren Burk are asking the Alabama Board of Adjustment to award them $1 million because they say Auburn did not provide adequate security. Jim Burk and Viviane Guerchon told the board that they …

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Alabama Man Urged to Return BP Claim Payment http://www.insurancejournal.com/news/southeast/2014/10/14/343415.htm Tue, 14 Oct 2014 12:58:28 +0000 http://www.insurancejournal.com/?p=343415 The former FBI chief appointed to investigate the BP oil spill claims process is seeking the return of nearly $240,000 from an Alabama man and his maritime business. Louis Freeh, in a federal court filing, says the man claimed to …

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Florida Public Universities’ Corporations Raise Immunity, Disclosure Questions http://www.insurancejournal.com/news/southeast/2014/10/13/343342.htm Mon, 13 Oct 2014 13:42:10 +0000 http://www.insurancejournal.com/?p=343342 The business of Florida’s 12 public universities is supposed to be public like any other state agency. Salaries, contracts, policies and other university business records are supposed to be subject to Florida’s expansive Sunshine Law, which mandates that most government …

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Judge Dismisses Mississippi Death Claim Against Omega Protein http://www.insurancejournal.com/news/southeast/2014/10/12/343314.htm Mon, 13 Oct 2014 01:30:19 +0000 http://www.insurancejournal.com/?p=343314 The mother of a 24-year-old Mississippi man who died in 2012 during a machinery incident at Omega Protein plant in Moss Point will appeal the dismissal of her wrongful death lawsuit against the company. The suit was filed in April …

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Flood Relief Loan Center Opens in Memphis, Tennessee http://www.insurancejournal.com/news/southeast/2014/10/10/343281.htm Fri, 10 Oct 2014 16:57:22 +0000 http://www.insurancejournal.com/?p=343281 The U.S. Small Business Administration is opening an office in Memphis, Tennessee, to make it easier for residents affected by last month’s flooding to apply for disaster loans. The agency says it is opening a Disaster Loan Outreach Center at …

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Mississippi Regulators Announce Online Search Tool for Rate Filings http://www.insurancejournal.com/news/southeast/2014/10/10/343276.htm Fri, 10 Oct 2014 16:50:31 +0000 http://www.insurancejournal.com/?p=343276 The Mississippi Insurance Department announced that certain property/casualty rate and form filings are now available online for public review through a new search tool implemented by the department. The department said the new online search tool reflects an effort by …

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Georgia Regulators Recovered $4.7M for Consumers in First 9 Months of 2014 http://www.insurancejournal.com/news/southeast/2014/10/10/343265.htm Fri, 10 Oct 2014 16:38:25 +0000 http://www.insurancejournal.com/?p=343265 The Georgia Department of Insurance announced that consumers who filed complaints with the department during the first nine months of 2014 have received more than $4.7 million from insurance companies as a result of the department’s mediations efforts. Since January …

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Way Cleared for Mississippi Trial in Navy SEAL Wrongful Death Case http://www.insurancejournal.com/news/southeast/2014/10/09/343164.htm Thu, 09 Oct 2014 16:34:23 +0000 http://www.insurancejournal.com/?p=343164 The U.S. Supreme Court won’t hear an appeal from operators of a northwest Mississippi shooting range in a case involving the death of a Navy SEAL during a training exercise. The Supreme Court denied the petition of Mid-South Institute of …

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Labor Advocates Question Florida Immigrant Workers’ Comp Arrests http://www.insurancejournal.com/news/southeast/2014/10/09/343138.htm Thu, 09 Oct 2014 14:58:31 +0000 http://www.insurancejournal.com/?p=343138 Florida Chief Financial Officer Jeff Atwater touted the arrests of more than 100 immigrant agriculture workers last July as an effort to crack down on the costly problem of workers’ compensation fraud. But it quickly became apparent the raid on …

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Risk Strategies Acquires Crow Friedman Group in Tennessee http://www.insurancejournal.com/news/southeast/2014/10/08/343005.htm Wed, 08 Oct 2014 16:39:14 +0000 http://www.insurancejournal.com/?p=343005 Risk Strategies Co., an insurance brokerage in Boston which recently merged with New York-based broker DeWitt Stern, has acquired Crow Friedman Group, a professional liability brokerage in Memphis, Tennessee. Terms of the transaction were not disclosed. Founded in 1996, Crow …

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West Virginia Judges Give Preliminary OK to University Settlement http://www.insurancejournal.com/news/southeast/2014/10/08/342999.htm Wed, 08 Oct 2014 14:20:48 +0000 http://www.insurancejournal.com/?p=342999 A January hearing is set on a proposed settlement of hundreds of lawsuits against Mountain State University. Media outlets reported that a three-judge mass litigation panel gave preliminary approval to the settlement Monday following a hearing in Beckley. The decision …

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Tuscaloosa Police Warn Uber Drivers http://www.insurancejournal.com/news/southeast/2014/10/08/342997.htm Wed, 08 Oct 2014 14:13:23 +0000 http://www.insurancejournal.com/?p=342997 City officials in Tuscaloosa say they’ve informed representatives of the Uber ridesharing service that drivers will soon face arrest unless the company complies with the city’s demands. Tuscaloosa police Sgt. Brent P. Blankley told The Tuscaloosa News that police will …

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