Insurance Journal » Southeast News http://www.insurancejournal.com Insurance Journal delivers the latest business news for the Property/Casualty insurance industry Wed, 23 Jul 2014 09:00:55 +0000 en-US hourly 1 http://wordpress.org/?v=3.9.1 Alabama’s Volunteer Fire Departments Not Alone in Recruiting Struggles http://www.insurancejournal.com/news/southeast/2014/07/22/335479.htm Tue, 22 Jul 2014 16:17:32 +0000 http://www.insurancejournal.com/?p=335479 They’re often the first ones on the scene of major emergencies, but their numbers appear to be dwindling. Volunteer firefighters help communities in ways both obvious — fighting fires—  and overlooked — improving communities’ home insurance rates through ISO ratings. …

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Florida Frets That With Proposed Rate Cut, Citizens Could Be Too Competitive http://www.insurancejournal.com/news/southeast/2014/07/22/335477.htm Tue, 22 Jul 2014 16:09:06 +0000 http://www.insurancejournal.com/?p=335477 Florida’s state-backed property insurer’s proposed rate reduction is raising questions about whether it will make the insurer competitive with the private market. Citizens Property Insurance Corp. recently proposed 2015 rates that include a statewide average 2.9 percent rate decrease on …

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Freedom Industries, West Virginia Businesses Seek $2.9M Insurance Payout for Chemical Spill http://www.insurancejournal.com/news/southeast/2014/07/21/335321.htm Mon, 21 Jul 2014 14:36:48 +0000 http://www.insurancejournal.com/?p=335321 At least $2.9 million could fuel studies in a proposed settlement between West Virginia businesses and residents and the company that contaminated their water supply. The deal between lawyers for Freedom Industries and businesses and people who sued Freedom was …

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Florida Jury’s $23.6B Tobacco Award Likely to Be Reduced http://www.insurancejournal.com/news/southeast/2014/07/21/335283.htm Mon, 21 Jul 2014 10:10:41 +0000 http://www.insurancejournal.com/?p=335283 A decision by a Florida jury to impose punitive damages of $23.6 billion against R.J. Reynolds Tobacco Co. on Friday is likely to be rejected on appeal or the award reduced substantially, lawyers with expertise in jury awards said on …

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Powell to Lead Personal Lines Division at Risk Innovations in Atlanta http://www.insurancejournal.com/news/southeast/2014/07/18/335265.htm Fri, 18 Jul 2014 17:36:34 +0000 http://www.insurancejournal.com/?p=335265 Kathryn Powell has joined wholesale insurance broker, Risk Innovations, to lead its personal lines division. She is based in Atlanta. Powell formerly was with Chubb Insurance in its personal lines enterprise and American Family Insurance. She has a proven track record …

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Florida Gov. Scott Agrees to Meet with Climate Scientists http://www.insurancejournal.com/news/southeast/2014/07/18/335219.htm Fri, 18 Jul 2014 15:04:41 +0000 http://www.insurancejournal.com/?p=335219 Florida Gov. Rick Scott said  his administration would be “happy to meet” with 10 scientists from Florida universities who want to talk about climate change, a subject he has been reluctant to address. A letter from the scientists was delivered …

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Mine Safety Agency Settles with 2 West Virginia Miners’ Widows http://www.insurancejournal.com/news/southeast/2014/07/18/335217.htm Fri, 18 Jul 2014 15:00:10 +0000 http://www.insurancejournal.com/?p=335217 The U.S. Mine Safety and Health Administration has agreed to pay $1 million to settle a lawsuit over the deaths of two miners in a 2006 fire at an underground coal mine in West Virginia, according to court documents. Under …

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Federal Assistance to Mississippi for Spring Storms Near $20 Million http://www.insurancejournal.com/news/southeast/2014/07/17/335082.htm Thu, 17 Jul 2014 16:52:12 +0000 http://www.insurancejournal.com/?p=335082 Total federal assistance approved for survivors of the severe storms, tornadoes and flooding that occurred from April 28 through May 3, 2014 in 12 Mississippi counties is close to $19.7 million, according to the government. The disaster  assistance approved by …

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Lockton Adds Smith to Healthcare Risk Practice in Atlanta http://www.insurancejournal.com/news/southeast/2014/07/17/335052.htm Thu, 17 Jul 2014 15:09:15 +0000 http://www.insurancejournal.com/?p=335052 Insurance agency Lockton has expanded its healthcare risk management practice with the addition of Jeffrey Smith as senior vice president, Healthcare Leader, based in Atlanta. In his role, Smith will focus deliver Lockton’s healthcare services to existing customers including hospitals …

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North Carolina Senate Approves Moped Insurance Bill http://www.insurancejournal.com/news/southeast/2014/07/17/335048.htm Thu, 17 Jul 2014 14:54:34 +0000 http://www.insurancejournal.com/?p=335048 The North Carolina Senate has passed a bill which requires moped drivers to register their vehicles with the state and carry insurance. The vote was 36-11. It remains to seen if the House will go along. The House measure passed …

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North Carolina Hearing on 25% Homeowners Hike Moved to October http://www.insurancejournal.com/news/southeast/2014/07/17/335046.htm Thu, 17 Jul 2014 13:51:54 +0000 http://www.insurancejournal.com/?p=335046 North Carolina’s insurance commissioner has postponed until October a hearing into a request by homeowners insurance companies to raise rates by an average of 25 percent statewide. Commissioner Wayne Goodwin said the public hearing to be held in Raleigh has …

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Mississippi Reminds Drivers Inspection Stickers Still Required http://www.insurancejournal.com/news/southeast/2014/07/16/334772.htm Wed, 16 Jul 2014 14:40:01 +0000 http://www.insurancejournal.com/?p=334772 Annual vehicle safety inspections continue to be required in Mississippi, but there has been confusion among drivers who may have read the headlines about the law’s demise in the Legislature. It is likely that some of the 39,333 drivers ticketed …

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Florida’s Heritage Assumes Sunshine State Policies, Adds 150 Agents http://www.insurancejournal.com/news/southeast/2014/07/16/334764.htm Wed, 16 Jul 2014 13:43:52 +0000 http://www.insurancejournal.com/?p=334764 Florida’s Heritage Insurance Holdings Inc. said it has it assumed approximately $59 million in annualized premium from the insolvent Sunshine State Insurance Co.  Effective June 27, 2014, the policies were assumed by Heritage’s wholly-owned subsidiary, Heritage Property & Casualty Insurance …

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Miami Judge Nixes Ban on Lender Suits Against Fontainebleau Officers http://www.insurancejournal.com/news/southeast/2014/07/15/334642.htm Tue, 15 Jul 2014 16:36:23 +0000 http://www.insurancejournal.com/?p=334642 The Fontainebleau Las Vegas LLC bankruptcy trustee may never win court approval for an $83.3 million settlement of lawsuits against former officers, directors and managers. U.S. Bankruptcy Judge A. Jay Cristol in Miami handed down an opinion on July 11 …

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Former West Virginia Gov. Caperton Joins USI http://www.insurancejournal.com/news/southeast/2014/07/15/334629.htm Tue, 15 Jul 2014 16:20:38 +0000 http://www.insurancejournal.com/?p=334629 Former West Virginia Governor W. Gaston Caperton, III, has been joined USI Insurance Services as a senior advisor to help the broker expand in West Virginia, Kentucky and Virginia. The 32nd governor of West Virginia will also help integrate USI’s …

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Kingston, Perdue Trade Jabs in Georgia Senate Debate http://www.insurancejournal.com/news/southeast/2014/07/15/334622.htm Tue, 15 Jul 2014 16:05:59 +0000 http://www.insurancejournal.com/?p=334622 Georgia Republican Senate candidates Jack Kingston and David Perdue sharpened their attacks on each other during a heated debate last Sunday with just over a week to go before their runoff election. Perdue, the former CEO of Dollar General and …

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Alabama State Senator Seeks Law on Bike, Car Road Sharing http://www.insurancejournal.com/news/southeast/2014/07/14/334459.htm Mon, 14 Jul 2014 13:24:23 +0000 http://www.insurancejournal.com/?p=334459 An Alabama state senator wants to require drivers to stay three feet away from bicyclists after a recent fatal crash. Republican state Sen. Arthur Orr of Decatur told the Decatur Daily that he hopes lawmakers will approve a “three-foot bill” …

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No Air Quality Testing During West Virginia Chemical Tank Demolition http://www.insurancejournal.com/news/southeast/2014/07/14/334455.htm Mon, 14 Jul 2014 13:21:01 +0000 http://www.insurancejournal.com/?p=334455 State and federal environmental officials say they don’t have a way to monitor air quality as chemical storage tanks are taken down at the industrial site that fouled public drinking supplies for 300,000 West Virginia water customers. The work is …

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Uber Ridesharing Enters South Carolina http://www.insurancejournal.com/news/southeast/2014/07/14/334451.htm Mon, 14 Jul 2014 13:18:00 +0000 http://www.insurancejournal.com/?p=334451 The ride-sharing service Uber has started in four South Carolina cities. Service began last week in Charleston, Columbia, Greenville and Myrtle Beach. Those needing ride use an app on a smartphone and the service connects them with the closet driver. …

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North Carolina Looks to Grow Captive Insurance with Amended Law http://www.insurancejournal.com/news/southeast/2014/07/11/334351.htm Fri, 11 Jul 2014 14:37:05 +0000 http://www.insurancejournal.com/?p=334351 North Carolina Insurance Commissioner Wayne Goodwin said North Carolina is now an even more attractive home for captive insurance companies with the enactment of a law allowing new captive types and providing some regulatory flexibility. Changes to the N.C. Captive …

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Georgia Agent Accused of Home, Crop Insurance Fraud http://www.insurancejournal.com/news/southeast/2014/07/11/334349.htm Fri, 11 Jul 2014 14:30:31 +0000 http://www.insurancejournal.com/?p=334349 An Eastman, Georgia, insurance agent has been charged with insurance fraud and forgery in connection with homeowners and crop insurance policies she sold in the middle Georgia. Officials said warrants have been issued for the arrest of Sarah Amber Winans, …

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Willis’ Dickson Joins Lockton in Nashville http://www.insurancejournal.com/news/southeast/2014/07/10/334277.htm Thu, 10 Jul 2014 16:56:41 +0000 http://www.insurancejournal.com/?p=334277 Privately-held insurance broker Lockton said that James R. Dickson III, has joined its Nashville office as a vice president, client advisor, and business development executive in risk management and commercial insurance. Dickson specializes in risk management strategy and business development …

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Lighthouse Property Insurance Launches Dwelling Fire Product in South Carolina http://www.insurancejournal.com/news/southeast/2014/07/10/334226.htm Thu, 10 Jul 2014 15:31:54 +0000 http://www.insurancejournal.com/?p=334226 Owners of South Carolina rental properties have the option of insuring their residences through Lighthouse Property Insurance Corp. beginning July 14. The coverage is available for rental residence or an owner-occupied home. Optional personal liability coverage and the ability to …

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Duke University in Trademark Shootout with John Wayne Family http://www.insurancejournal.com/news/southeast/2014/07/10/334219.htm Thu, 10 Jul 2014 15:25:07 +0000 http://www.insurancejournal.com/?p=334219 Bloomberg John Wayne Enterprises LLC, a family business set up to protect rights associated with the late movie actor, asked a federal court to declare that its trademarks don’t infringe those of Duke University. In a complaint brought July 3 …

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Florida Sheriff’s Office Pays $1.15M in Wrongful Death http://www.insurancejournal.com/news/southeast/2014/07/10/334217.htm Thu, 10 Jul 2014 14:59:11 +0000 http://www.insurancejournal.com/?p=334217 The Pinellas County Sheriff’s Office has paid $1.15 million to the estate of a mentally ill woman who died in her jail cell. Sheriff Bob Gualtieri told the Tampa Bay Times that 50-year-old Jennifer DeGraw should have never been arrested. …

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Chemical Spill Caused Health Effects for 1 in 5 West Virginians: Survey http://www.insurancejournal.com/news/southeast/2014/07/09/334091.htm Wed, 09 Jul 2014 12:47:47 +0000 http://www.insurancejournal.com/?p=334091 One in five West Virginians who responded to a survey thought they had health issues after a chemical spill into the water supply in January. In the survey conducted in April by state and federal health officials, 36 percent of …

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West Virginia Mine Disciplines Managers After Black Lung Risk Exposed http://www.insurancejournal.com/news/southeast/2014/07/09/334089.htm Wed, 09 Jul 2014 12:32:09 +0000 http://www.insurancejournal.com/?p=334089 Rhino Eastern LLC changed management at its Eagle Mine 3 after inspectors warned that coal miners faced the risk of deadly explosions and developing black lung disease. The company acknowledged falling short of safety standards. Rhino Eastern also took other …

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Johnson & Johnson Names Parmley VP of Operations http://www.insurancejournal.com/news/southeast/2014/07/08/334010.htm Tue, 08 Jul 2014 14:46:24 +0000 http://www.insurancejournal.com/?p=334010 Charleston, South Carolina-based managing general agency Johnson & Johnson has named  Cathy Parmley as vice president of operations. Parmley has 20 years of experience with Johnson & Johnson, most recently serving as vice president of personal lines, overseeing habitation, high …

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Florida Indian Tribe Not Liable in Fatal Car Crash http://www.insurancejournal.com/news/southeast/2014/07/08/334008.htm Tue, 08 Jul 2014 14:27:25 +0000 http://www.insurancejournal.com/?p=334008 An appeals court has ruled that a South Florida Indian tribe cannot be held liable for a $4.1 million wrongful death judgment stemming from a fatal 1998 car crash. The 3rd District Court of Appeal ruled that the Miccosukee tribe …

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South Carolina Workers’ Compensation Loss Costs Cut http://www.insurancejournal.com/news/southeast/2014/07/08/333996.htm Tue, 08 Jul 2014 12:57:03 +0000 http://www.insurancejournal.com/?p=333996 South Carolina employers should see their workers’ compensation premiums go down this year since regulators have approved an average 7.4 percent decrease in the state’s loss costs. Director of Insurance Ray Farmer approved the new rates, which are scheduled to …

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