Monthly Archives: <span>January 2014</span>

Citizens Raising Homeowner Insurance Rates in Louisiana

East Baton Rouge Parish homeowners who buy coverage from Louisiana Citizens Property Insurance Corp. would see rates increase an average of 9.9 percent while wind-only policies would jump by 17.1 percent under a proposed rate filing. Statewide, Citizens personal lines, …

Alabama Family Awarded $400K in Wrongful Death Lawsuit

The family of a 101-year-old man who died of pneumonia after being housed in a Montgomery nursing home has been awarded $400,000. AL.com reports that an arbitrator awarded the money to the estate of John A. Garrett on Jan. 10. …

North Carolina Man Arrested for Alleged Insurance Fraud

Cain Michael Cain, a resident of Charlotte, N.C., was arrested and charged with two counts each of obtaining property by false pretense and insurance fraud, according to an announcement made by Insurance Commissioner Wayne Goodwin. Department of Insurance criminal investigators …

Disaster Declarations in 11 States Due to Drought

Federal officials have designated portions of 11 drought-ridden western and central states as primary natural disaster areas, highlighting the financial strain the lack of rain is likely to bring to farmers in those regions. The announcement by the U.S. Department …

Advanced Storm Warnings Will Be Broadened

The Storm Prediction Center intends to broaden its advance warning system for severe weather after finding that days it labeled with a “slight risk” turned out to be pretty nasty. State emergency managers say they’re already attuned to bad weather, …

Texas House Subcommittee on Earthquakes Created

The chairman of the Texas House Committee Energy on Energy Resources has set up a team of lawmakers to investigate earthquakes in oil and gas regions. Chairman Jim Keffer on Thursday named three Republicans and one Democrat to the “Subcommittee …

P/C Insurers’ 2013 Performance Not Likely to Repeat

Property/casualty insurers will be hard-pressed to repeat the industry’s stellar 2013 performance, a panel of industry chief executives agreed at the 18th annual Property/Casualty Insurance Joint Industry Forum, held on January 14. The CEOs, drawn from a cross-section of the …

Worst Bus Operators to Be Targeted Under Toughened U.S. Rules

Frustrated by unsafe truck and bus operators that evade U.S. orders to get off the road, U.S. regulators are assuming new powers to punish companies and executives that most flagrantly flout safety rules. Regulations to be posted today will enable …

Drought Emergency Declared in California

California Governor Jerry Brown declared a drought emergency in the most populous U.S. state after three years of little rain, including the driest on record, left some reservoirs and rivers at critical levels. The declaration may make it easier to …

Three Arrested in Alleged Staged Accident Scam in North Carolina

Three people North Carolina residents were arrested for their involvement in an alleged insurance fraud scheme involving a staged auto accident in Mecklenburg County, according to an announcement made by Insurance Commissioner Wayne Goodwin. Shane Coleman Glenn was charged with …