2010’s Top Insurance Stories in the West December 23, 2010 By Patricia-Anne Tom In 2009, independent insurance agents and brokers faced a “perfect storm” with the economic downturn, premiums at a fraction of...
Catastrophes Top 2010 List of Major Global Insurance Events December 23, 2010 Natural and man-made catastrophes topped the list of the most significant events in 2010, with three major earthquakes, a near...
Two Jailed for Bribery in Katrina Insurance Case Released from Prison December 23, 2010 Former attorney Timothy Balducci and former state auditor Steven Patterson have been released from federal custody. U.S. Bureau of Prisons...
Southeast’s Top Stories: Disasters That Happened and 1 That Didn’t December 23, 2010 By Andrew G. Simpson The top insurance stories in the Southeast in 2010 included several disasters that caused considerable death and destruction in the...
2 Years After Ike Texas Coastal Residents Still Filing Claims December 22, 2010 Windstorm claims from Hurricane Ike continue to be reported more than two years after the storm made landfall. The Texas...
Louisiana Citizens Receives Rating Upgrade December 22, 2010 Louisiana Insurance Commissioner Jim Donelon announced that Moody’s Investors Service has upgraded the Louisiana Citizens Property Insurance Corporation (Citizens) Assessment...
Feds Pursuing Fraud Charges Against Oil Spill Claimants in 5 States December 21, 2010 A woman was indicted last week in the Eastern District of Louisiana for allegedly filing fraudulent claims for compensation due...
Insurance Vital to Alabama Coast Long-Term Plan, Says Commission December 21, 2010 By Andrew G. Simpson Coastal Alabama should seize the BP Gulf oil disaster as an opportunity for “resiliency planning” that will not only help...
Fact or Fiction? Insurance Tidbits of Known and Little-Known Information December 20, 2010 Have you ever wondered what big events helped shape regulation of the current U.S. insurance industry? Or if drivers of...
Appeals Court Rejects $21M Katrina Settlement December 20, 2010 By Michael Kunzelman A federal appeals court has rejected a $21 million settlement of Hurricane Katrina damage claims that some residents had complained...