Yearly Archives: <span>2012</span>

Alabama Coast Evacuated for Isaac; Georgia Warned on Flooding, Tornadoes

Coastal Alabama is under a mandatory evacuation order as Isaac churns through the Gulf of Mexico. Gov. Robert Bentley ordered residents of southern Baldwin and Mobile counties to begin evacuating starting 8 a.m. Monday, and both counties are under a …

10 U.S. Cities with Safest Drivers

This year’s top honor of “America’s Safest Driving City” is Sioux Falls, South Dakota, where the average driver will experience an auto collision every 13.8 years, which is 27.6 percent less likely than the national average of 10 years. Allstate …

Crop Insurance Claims to Exceed $13 Billion: AIR

The drought in the U.S. agricultural heartland continues to deteriorate crops in the Corn Belt with no meaningful precipitation relief in sight. After the hottest July on record, insured losses from the 2012 drought are now expected to surpass losses …

Near-Hurricane Strength Isaac Takes Aim at New Orleans

Tropical Storm Isaac was near hurricane force as it bore down on the U.S. Gulf Coast on Tuesday and was expected to make landfall in the New Orleans area seven years after it was devastated by Hurricane Katrina. Isaac’s swirling …

Typhoon Bolaven Strikes Okinawa; Heads for South Korea: AIR Analysis

According to catastrophe modeling firm AIR Worldwide, Typhoon Bolaven made landfall on northern Okinawa around 12:00 UTC on August 26, as a strong category 3 typhoon, as calculated by the Japan Meteorological Agency (JMA). It also reported minimum central pressure …

Arctic Sea Ice at Record Low; Expected to Keep on Melting

The world’s Arctic ice cap has shrunk to a new low, surpassing a record set only five years ago, and is expected to keep retreating for a few more weeks, according to U.S. data released on Monday. The Arctic sea …

Insurance Marketing Boot Camp Hosts Umberto Fedeli, Other Top Agents

Bend, OR, 08/28/12 – “We’re so excited to announce Umberto Fedeli will be among seven other ‘million dollar plus’ agency owners and producers at this year’s Insurance Marketing Boot Camp.” Says Michael Jans, CEO of Agency Revolution, a success coaching …

Judges Tout Wikipedia in ‘Jet Ski’ Exclusion Ambiguity

A Utah Court of Appeals ruled the term “jet ski” to be ambiguous as exclusion in a homeowners’ policy, and to back up its decision the court used as a reference the popular reference website Wikipedia, calling it a “great …

School Bus Liability Insurance Bill Signed by Illinois Governor

A bill that updates and clarifies liability insurance standards for operators of buses by schools and other organizations has been signed by the Illinois governor. Gov. Pat Quinn on Aug. 24 signed SB 2524, which details differences for purposes of …

Study: Workers’ Comp Reform Bill Increases Costs $300M

A workers’ compensation reform bill was officially introduced on Monday, and the same day the California Workers’ Compensation Insurance Rating Bureau issued a study saying the bill could produce a savings of nearly half-a-billion-dollars. But that savings will be outpaced …