Monthly Archives: <span>July 2011</span>

Florida’s Citizens Seeks Big Premium Hike on Sinkholes

Florida’s largest insurer of homes and businesses, state-backed Citizens Property Insurance Corp., will ask its board to approve a staggering rate increase for providing coverage on sinkhole policies, a company spokeswoman said Monday. The company will ask its board Wednesday …

New Mexico’s Winter Gas Shortage Cost $55M in Claims

The natural gas shortage that slammed the state last winter cost insurance companies $55 million in claims. A memo from the state Public Regulation Commission’s Insurance Division says homeowners received the most help representing 7,422 of the nearly 8,900 claims …

Tower President and CEO to speak at MarketScout’s Entrepreneurial Insurance Symposium

Lee to profile growth explosion at Tower DALLAS, TX, July 27, 2011 – Michael Lee, President and CEO of Tower Group Companies, will deliver a keynote presentation at the MarketScout 2011 Entrepreneurial Insurance Symposium, outlining the new business mix of …

Mourning Cited in Fla. for Leaving Scene of Traffic Crash

Former NBA star Alonzo Mourning is being cited by police for leaving the scene of a traffic crash last week. The Florida Highway Patrol issued a report Monday saying that Mourning is being issued a notice to appear in court …

Texas Distributor Recalls Papayas After Salmonella Outbreak

A South Texas company says it is recalling papayas imported from Mexico because they could be contaminated with salmonella. Agromod Produce Inc. of McAllen says the Blondie, Yaya, Mananita and Tastylicious brand papayas sold prior to July 23 could be …

4 Tennessee Firefighters Charged with Setting Blazes

Arraignment is scheduled Tuesday in the case of four young volunteer firefighters charged with arson. Houston County Sheriff’s Department criminal investigator Brian Hooper said the suspects were arrested Friday night after a series of fires, including one that destroyed a …

How to Evaluate Fine Art & Collectible Claims

Adjusting claims involving damage to fine art and collectibles caused by destructive weather, like floods and wildfires, may seem like a daunting task. Not so, says Heather Becker, CEO of The Conservation Center located in Chicago, Ill. Adjusters can use …

Hardships Endure for Some in Kentucky Since Flooding

Along a newly paved road at Harless Creek in Pike County, dozens of new vehicles and a handful of new modular homes point to progress since severe flooding hit the area a year ago. At Raccoon Creek, freshly cut lawns …

Judges Limit What Slurry Victims’ Lawyers Can Say in W.Va. Case

Three judges who will hear a coal slurry pollution lawsuit against Massey Energy have declared any reference to a deadly 2010 mine explosion off limits for the August trial and ordered the plaintiffs’ lawyers to avoid inflammatory phrases including “poison” …

Mass. Officials: Cloudy Pool Shouldn’t Have Opened

Massachusetts officials say a murky state-run swimming pool where a woman’s body went unnoticed for two days should not have opened the day she drowned. Edward Lambert, commissioner of the Department of Conservation and Recreation, said Wednesday that three employees …