IFAwebnews » hurricane ike

Forecasts for hurricane season rivaling 2005 put insurers on edge

Bob Graham — Tue, 01 Jun 2010 16:15:18 +0000

The annual hurricane season begins today (June 1), with forecasts for more storm activity than in the years since Hurricane Katrina battered the Gulf Coast.

Forecasts for hurricane season rivaling 2005 put insurers on edge via IFAwebnews.

21st Century drops HomeWise bid, gets 14.9% rate hike approval in Fla.

Keith L. Martin — Tue, 27 Apr 2010 13:18:25 +0000

After touting the numerous benefits of acquiring HomeWise Holdings last month, Florida-based 21st Century Holding Co. has announced that both sides have called off a planned merger.

21st Century drops HomeWise bid, gets 14.9% rate hike approval in Fla. via IFAwebnews.

Insurer: Texas created ‘another Hurricane Ike’ with $310M ruling

Keith L. Martin — Wed, 18 Nov 2009 14:00:48 +0000

A Texas-based insurer says a recent decision by a state regulator to refund home insurance policyholders $310 million is akin to the financial damage from a major storm.

Insurer: Texas created ‘another Hurricane Ike’ with $310M ruling via IFAwebnews.

Light winds bring good returns for Virginia-based Markel

Bob Graham — Thu, 12 Nov 2009 16:00:21 +0000

A light hurricane season and improvements in its investment portfolio blew winds of good change for Markel Corp, which reported a diluted net income per share of $6.02 for the third quarter.

Light winds bring good returns for Virginia-based Markel via IFAwebnews.

Texas agent indicted for misappropriating customer premiums

Keith L. Martin — Wed, 07 Oct 2009 14:00:24 +0000

The owner of a Texas insurance agency faces up to 20 years in prison after his indictment on charges of using more than $100,000 in premiums for himself and not his clients.

Texas agent indicted for misappropriating customer premiums via IFAwebnews.

Study: Ike shows minimum flood elevation rules ‘woefully inadequate’

Bob Graham — Thu, 24 Sep 2009 11:00:13 +0000

The minimum flood elevation requirements for Gulf Coast properties prone to storm surges were “woefully inadequate,” according to a new study, whose sponsors seek federal government intervention to encourage raising the required minimum elevations for building.

Study: Ike shows minimum flood elevation rules ‘woefully inadequate’ via IFAwebnews.