Latest Georgia Headlines
All the headlines from our Georgia Topic Page, ordered by recency.
Ratings Roundup: Westchester Fire, Middle Georgia
Feb 16 2011 // A.M. Best Co. has withdrawn the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit rating (ICR) of “aa-” of New York-based Westchester Fire Insurance Company (WFIC) and assigned an...
Buckeye State Mutual Partners With Middle Georgia Mutual
Feb 7 2011 // Buckeye State Mutual Insurance Co. (BSMIC), a property and casualty insurer based in Piqua, Ohio, has agreed to affiliate with Middle Georgia Mutual Insurance Co. (MGM) of Griffin, Ga. The agreement is contingent upon...
Hudgens Directs Insurers to Exercise ‘Leniency’ After Georgia Storms
Jan 21 2011 // Georgia Insurance Commissioner Ralph Hudgens has issued an order directing insurers to exercise leniency in dealing with individuals and businesses that may have trouble paying premiums due the winter storms that swept...
GUARD Introduces BOP in Georgia
Jan 10 2011 // GUARD Insurance Group has begun offering businessowner’s policy (BOP) coverage in Georgia. This new line complements the company’s traditional specialty – workers’ compensation insurance for small-...
USG Adds Holloman as Broker in Georgia
Jan 6 2011 // National wholesale broker USG Insurance Services, Inc. has added Jason Holloman as a property broker specializing in large commercial and catastrophe-exposed risks. He will be based in USG’s office outside...
Marsh Agency Buys Georgia Benefits Brokerage
Jan 4 2011 // Marsh & McLennan Agency LLC reports it has acquired Strategic Benefit Solutions, Inc. (SBS), a $4 million benefits brokerage and consulting firm based in Alpharetta, Georgia. Terms of the transaction were not...
Test Your 2010 Insurance News IQ: 25 Questions
Dec 31 2010 // Are you an insurance news hound? Test your insurance news IQ and find out. The following questions and answers (at bottom of the page– don’t cheat!) were developed based on news stories published by...
Southeast’s Top Stories: Disasters That Happened and 1 That Didn’t
Dec 23 2010 // The top insurance stories in the Southeast in 2010 included several disasters that caused considerable death and destruction in the region and one that didn’t do as much harm as feared. The April 20 blowout of...
Georgia Insurers, Incoming Commissioner Plan Fraud Crackdown
Dec 17 2010 // Georgia’s insurance industry is teaming up with state authorities to launch an ambitious effort to crack down on the rising number of insurance fraud cases. Incoming Insurance Commissioner Ralph Hudgens, who takes...
Georgia Supreme Court Upholds Insurers in 2 Uninsured Motorist Cases
Dec 16 2010 // The Supreme Court of Georgia has ruled in favor of insurance companies in two cases involving how much people injured in car wrecks should get under uninsured motorists coverage. At issue was whether the two injured...
Georgia Regulator Ignored Licensing Requirements, Judge Rules
Dec 16 2010 // A Fulton County judge has ruled that Georgia Insurance Commissioner John Oxendine disregarded application requirements when awarding small-loan licenses. Superior Court Judge Marvin Arrington ruled that Oxendine was not...
Georgia’s N-Surance Outlets Names Alexander Underwriting Manager
Dec 14 2010 // Gary Alexander has been named underwriting manager at N-Surance Outlets, a regional propertyt/casualty managing general agency based in Roswell, Georgia. Alexander, a 30 year veteran of the insurance industry, has held...
Georgia Regulator Goes After Blue Cross ‘Favored’ Contracts
Dec 8 2010 // Georgia’s largest health insurer has such a strong hold on the market that hospitals can’t make better deals with other insurers, which is raising flags for the state’s insurance commissioner. A routine...
Georgia Insured Storm Damage Estimated at $5 Million
Dec 2 2010 // Georgia Insurance Commissioner John W. Oxendine said that heavy winds, rain and thunderstorms on Nov. 30 caused an estimated $5 million in insured losses in Gwinnett County on Nov. 30. This estimate includes damage to cars...
Georgia’s Hudgens Among New State Insurance Commissioners
Nov 14 2010 // The Nov. 2 elections will mean there will soon be a number of new insurance commissioners across the country. Three states – Georgia, California, and Oklahoma-elected new insurance commissioners. Republican state...
Republican Hudgens Elected Georgia Insurance Commissioner
Nov 3 2010 // Republican state Sen. Ralph T. Hudgens will be the new Georgia insurance and fire safety commissioner. Hudgens defeated Democrat Mary Squires, garnering 54 percent of the vote to 42 percent for Squires. Hudgens will...
People
Nov 1 2010 // Aubie W. Knight has assumed the role of chief executive officer of the Independent Insurance Agents of Georgia (IIAG). Knight has been with IIAG since 1996. During his tenure, he has been responsible for most of...
Where Georgia’s Insurance Commissioner Candidates Stand
Nov 1 2010 // Hudgens, Squires and Bruce on Credit Scoring, Tort Reform, Role of Independent Agents and State Regulation Georgia voters going to the polls on Nov. 2 will have a real choice when it comes to electing the state’s...
Georgia Insurance Commissioner Race: Attracting Insurers, Value of Agents
Oct 21 2010 // The three politicians who want to be Georgia’s next insurance commissioner see eye-to-eye on the need for the insurance regulator to be involved in attracting new insurers and insurance jobs to the state. According...
Georgia Insurance Commissioner Race: Top Priorities, State Role, Money
Oct 20 2010 // One candidate to be Georgia ‘s next insurance commissioner thinks the state should build on its risk management schools to become a national leader in alternative risk transfer innovation. Another wants the state to...
