Monthly Archives: <span>July 2008</span>

Long Island’s Nassau County Gets New Flood Maps

New and updated digital flood maps will provide Long Island residents with a realistic assessment of flood risk. The preliminary maps are developed by the Federal Emergency Management Agency. They replace current maps based on data that is 20 to …

Costs, Confusion Keep Flood Insurance Numbers Low in Iowa

A combination of costs and confusion keeps many Iowans from buying federal flood insurance. Only about 1 percent of Iowans owned flood insurance when last month’s record flooding struck. More than 4,000 homes in Cedar Rapids were damaged or destroyed, …

InsuranceLeadz.com and Middle Cross Software Partner to Launch New Service Called Typhoon

InsuranceLeadz.com would like to announce its partnership of Middle Cross Software to launch their new Quote Burst Typhoon service line for Allstate insurance agents. This new service will allow Allstate insurance agents to further monetize their lead purchases by providing …

3,690 Occupied Government Trailers Remain on Mississippi Coast

The total number of occupied travel trailers provided by the Federal Emergency Management Agency dropped below 4,000 in Mississippi’s three coastal counties hardest hit by Hurricane Katrina. As of June 27, the trailer inventory stood at 3,690, notably below the …

Wildfires in California Still Uncontained

In northern and central California, firefighters have contained about 1,400 of the nearly 1,800 wildfires burning since June 20th. These fires—ignited by lightning and fueled by conditions in the state’s driest spring since 1894—have burned close to 600,000 acres. They …

Mass. Couple Indicted on Motor Vehicle Insurance Fraud and Larceny

A Plymouth County, Mass. Grand Jury returned indictments against a Plainville, Mass. man and woman in connection with allegedly stealing funds from their auto insurance company, lying under oath, and obtaining fake Massachusetts identification cards. Efrain Colon, age 43, was …

Sustainability Risks Create Challenges for Actuaries

Sustainability risks are one of the most critical emerging risk areas of the 21st century and actuaries will need to develop mitigation and financing strategies for handling them. “Sustainability risks are going to have a substantial impact on risk management …

New Maryland Deputy Insurance Chief Henneman to Lead Fraud Fight

Maryland Insurance Commissioner Ralph S. Tyler has named Carolyn H. Henneman as associate commissioner to oversee the Insurance Fraud Division, which investigates and prosecutes cases of criminal insurance fraud in cooperation with the attorney general and state police. Most recently, …

Arkansas Drilling Brings Rewards, Environmental Risk

As drilling companies continue to sink natural gas wells in White County, Ark., and elsewhere in the Fayetteville Shale play, business leaders are lobbying for improved roads and environmental groups are concerned not enough attention is being paid to potential …

PartnerOne Offers 4 New Environmental Insurance Products

PartnerOne Environmental — Beacon Hill Associates’ underwriting division — has partnered with ACE Westchester to offer four new environmental insurance products for agents pursuing environmental protection for their clients. The new policies include PartnerOne Self Storage Plus, which addresses pollution …