Yearly Archives: <span>2008</span>

Alabama-based Sloss Industries Cited for Safety Violations

Birmingham, Ala.-based Sloss Industries incurred $182,500 in proposed penalties for exposing workers to safety hazards at its fiber divisions manufacturing plant. the Occupational Safety and Health Administration proposed the penalty. In a Sept. 22 news release from the agency, OSHA …

Hurricane Gustav Damage in Alexandria, La., Tops $25M

Officials say Hurricane Gustav inflicted more than $25 million worth of damage in Alexandria, La., when it blew through in early September. About half of that amount came from estimated damage caused by roof collapses at the Alexandria Mall during …

Madison Benefits, Higginbotham & Associates to Merge

Houston-based employee benefits brokerage and consulting firm Madison Benefits Group plans to join forces with national insurance brokerage firm Higginbotham & Associates, headquartered in North Texas. The new partnership expands Madison Benefit’s current service offerings by adding personal and commercial …

Too Early to Tell if Kentucky Windstorm will Increase Insurance Rates

The Kentucky Office of Insurance says it’s too early to tell if the severe winds caused by the remnants of Hurricane Ike will result in insurance rate hikes. The Courier-Journal reported insurers have received tens of thousands of claims related …

Womack Honored With Austin Agents Group Presidents’ Award

Matt Womack, a partner with the Watkins Insurance Group in Austin, Texas, has been honored with Independent Insurance Agents of Austin’s Presidents’ Award. The award is based on performance and is given out by the outgoing president of IIA Austin. …

Towerstone Adds Cerne as Account Representative

Erin C. Cerne has been named account representative for Towerstone Inc., wholesale insurance brokers and managing general agency based in Dallas. Cerne has held diversified sales and marketing positions in New York. She holds a degree in Journalism from State …

Mich. Agents: AIG Rescue, Insurance Regulation Still Best Left to States

The following commentary on the push for federal regulation as a result of AIG and other financial institutions’ troubles was written by Robert PIerce, CEO, Michigan Association of Insurance Agents. Over the last few days, proponents of a new regulatory …

Texas Mayor Requesting $2.3B in Aid From Congress

As repair crews work to make this hurricane-ravaged Galveston, Texas, inhabitable for the thousands of residents set to return this week, the mayor is seeking more than $2 billion in emergency federal aid. The final price tag to fully restore …

Illinois Senate Panel Okays 3rd Attempt at Autism Coverage

An Illinois Senate committee wants to require insurance companies to cover expanded treatment for autism. It’s the Senate’s third attempt this year to approve the measure, which would require insurers to cover up to $36,000 a year and unlimited doctor …

Alabama Chief Examiner to Lead Society of Financial Examiners

Richard Ford, chief examiner of the Alabama Department of Insurance since 1993, accepted election as president of the Society of Financial Examiners at the organization’s recent annual meeting in Nashville, Tenn. At the Department of Insurance, Ford directs the efforts …