Category: Archive – News

Tampa P & C insurance leader named to Utek board

Aug 3, 2009

Changes continue on the Utek Corp. board of directors, but the latest business executive to join has a strong local connection. Mark S. Berset, the chief executive officer of Comegys Insurance, has joined the board of the Ybor City intellectual …

Insurance Commissioner faces tough decisions

Aug 3, 2009

Heading into the most active months of the hurricane season, upcoming regulatory decisions will radically change Florida’s property-insurance market and determine the future for millions of consumers. Pending before Insurance Commissioner Kevin McCarty are negotiations and decisions about the state’s …

Some homeowners turn to alternative insurers

Aug 3, 2009

But ‘surplus lines carriers’ aren’t regulated, backed by Texas By PURVA PATELHOUSTON CHRONICLE Aug. 1, 2009, 4:05PM The state’s largest home insurance companies have hiked rates or announced increases this summer, hitting coastal areas such as Harris County the hardest. …

Insurance Against Terrorism

Aug 3, 2009

An alternative to unlimited liability for taxpayers by Eli Lehrer 08/10/2009, Volume 014, Issue 44 After hijackers destroyed the World Trade Center on 9/11, taxpayers ended up spending a lot of money to aid the injured, rebuild public infrastructure, improve …

Road contractors lose automatic pay raises

Jul 31, 2009

The Department of Transportation said Thursday that it will not allow private contractors to receive automatic pay hikes this budget year — a savings of at least $10 million — after a state senator called attention to the practice in …

Florida property values not as low as was predicted

Jul 31, 2009

Economists said state property values are higher than expected, but tough times are ahead. Fla. property values to keep dropping, but slower Florida’s taxable property values will keep dropping for another year but at a slightly slower pace than previously …

U.S. puts brakes on `cash for clunkers’

Jul 31, 2009

The federal government suspended its “cash for clunkers” program at midnight Thursday after less than four days in business, telling Congress that the plan would burn through its $950 million budget for new-car purchases. The decision came after auto dealers …