Editor's Blog

February 2007 - Posts

After watching the Oscars, I got to thinking: what if there was an award for insurance company "performances"? What would it be for? Who would get one? In the wake of our post-Oscar hangover, let me start the trend with the first annual "Insurance Bomb" Read More...
Posted on February 26,2007

Think it can't happen to you? American Idol contestant Diana DeGarmo had her identity stolen according to an article at Bankrate.com. DeGarmo was runner-up in season three of the hit tv show. I did a blog recently on how American Idol and insurance were Read More...
Posted on February 25,2007

After a couple of harrowing years, with property insurance rates skyrocketing, Florida residents may just get a break. It looks like car insurance rates will fall when the no-fault insurance legislation expires later this year, according to an article in Read More...
Posted on February 22,2007

Glenn Ross over at AllBusiness Blog posted a challenge to blog on 12 topics I'd write about if I owned a business (insert business type). I've decided to take up this challenge, and write about the 12 topics I'd blog on if I owned an insurance Read More...
Posted on February 20,2007

That's the question posed by an article in the Biloxi Sun Herald out of South Mississippi.  Investigative research indicates that a number of insurers -- State Farm, Allstate, Nationwide and USAA -- may have relied on an initial report from Haag, an Read More...
Posted on February 18,2007

There's no doubt that New Orleans has been through a lot in the year and a half since Hurricane Katrina ran roughshod over the city. The town famous for Mardi Gras, Bourbon Street jazz and Cajun cooking experienced an unprecedented level of destruction Read More...
Posted on February 15,2007

According to an article at MSNBC, State Farm will stop writing homeowner or commercial policies in Mississippi as it fights ongoing claims litigation as a result of Hurricane Katrina. State Farm cites the increased risk caused by the political and legal Read More...
Posted on February 14,2007

An article at CNN.com reports that a likely tornado has killed a New Orleans woman and left a swath of damage through the city. An estimated 15 people have suffered injuries and almost 20,000 in the area are without power. The powerful storm left dozens Read More...
Posted on February 13,2007

The Canadian Minister of Finance is going to bat for Canadian war widows who have been unable to collect on mortgage insurance despite paying it for years. The reason their claims have been denied? According to the Brooks Bulletin, a weekly newspaper in Read More...
Posted on February 13,2007

Some 100 litigants who sued State Farm insurance for denying claims are finally being paid, Fox News reports.State Farm was sued by 640 policyholders in total, after Hurricane Katrina damage claims were denied. Richard Scruggs, lead attorney for the Read More...
Posted on February 7,2007

According to local television station, Tampa Bay 10, the governor signed an emergency rule to freeze rates and stop nonrenewals for 90 days, while also preventing cancellations of insurance through the end of the hurricane season. While designed to help Read More...
Posted on February 5,2007

Floridians were probably happily celebrating the end of 2006 hurricane season and a respite from severe weather, when tornadoes struck on Friday. According to the San Franscisco Chronicle, there were 19 confirmed dead by Saturday. There were three Read More...
Posted on February 4,2007

Here's another entry in our series on things that just couldn't be related to insurance.If you don't know what crop circles are, these are often ornate designs of immense dimension that "appear" in farmer fields. According to Wikipedia, they were first Read More...
Posted on February 1,2007
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