Interstate Underwriters
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News

10 Years after Katrina, Robert Wooley

Thursday, August 27, 2015

          Robert Wooley, Commissioner of Insurance for the State of Louisiana during Katrina, discusses with NU Editor-in-Chief Shawn Moynihan some of the more unusual sights he witnessed in Katrina’s aftermath; helping insureds find solace in the face of disaster; and where New Orleans stands a decade after the hurricane. Read More...

Interstate now with Lower Rates for Convenience Stores!

Friday, August 07, 2015

Interstate's markets for Louisiana Convenience Stores recently lowered their rates! Call today and allow us to give you a quote! Read More...

Extension Granted for Flood Proof of Loss Forms in Louisiana

Friday, July 31, 2015

The Federal Emergency Management Agency (FEMA) has extended its filing deadline for National Flood Insurance Program (NFIP) policyholders in Louisiana impacted by recent flooding, the insurance department announced. Read More...

Louisiana withdraws from Nonadmitted Insurance Multi-State Agreement (NIMA)

Tuesday, July 21, 2015

Announced July 15th, the State of Louisiana will withdraw from the Nonadmitted Insurance Multi-State Agreement (NIMA and the NIMA-sponsored Surplus Lines Clearinghouse effective October 1, 2015. Read More...

Louisiana to get $6.8 billion from BP

Tuesday, July 07, 2015

The state bore the full brunt when the well exploded 40 miles off its coastline and it will get the biggest share, $6.8 billion over 18 years.  Read More...

Slip and Fall at a Bar: CGL or Liquor Liability?

Thursday, April 02, 2015

Q: "A patron in a bar room falls and injures her foot. The bar owner claims she was intoxicated; the patron claims the floor was wet.  Read More...

2014's Most Dangerous Toys

Monday, December 08, 2014

There’s almost nothing more thrilling than watching a child excitedly unwrap his or her gifts on Christmas morning. Giddy with the magic of the holiday season, they race downstairs early in the morning to find that Santa Claus has paid them a visit, and hopefully, those items at the top of their Christmas list will be under the tree.

And while parents may strive to find their children the perfect gift for the holidays, some toys present potential hazards. Although federal regulations and recalls are in place, toys still make it to store shelves across the country that are unsafe for children.  Read More...

What Ebola means for P&C Industry

Monday, October 20, 2014

WASHINGTON—The primary impact of the Ebola epidemic “crisis” on U.S. property and casualty insurers will be on companies writing workers compensation insurance, according to a new study by the Insurance Information Institute.

In a paper written by Dr. Dr. Steven Weisbart, senior vice president & chief economist, the III said the WC category will likely be most affected because health-care workers could be most directly exposed (as happened in Texas and in several African countries).

Other possible effects might be on various liability insurance lines, such as general liability, directors & officers (D&O) liability and medical malpractice (Med Mal) liability, Weisbart said in his paper.

Weisbart said that WC would be primarily impacted because it pays for the cost of medical care and lost income for people who become ill in the course of their work, and pays death benefits if they die from a work-related cause.

 Read More...

GL Comparative Rater!! Access now!

Thursday, August 28, 2014

Interstate is excited to announce our new service. EZ Rater Pro allows agents to obtain an indication on GL Risks by inputting a few pieces of information into the system. Read More...

6.5 Million Homes at Risk

Tuesday, July 15, 2014

More than 6.5 million homes along the U.S. Atlantic and Gulf coasts are at risk of storm surge inundation, representing nearly $1.5 trillion in total potential reconstruction costs. More than $986 billion of that risk is concentrated within 15 major metro areas, according to a report by property data and analytics firm CoreLogic.

This exposure could constitute significant risk for homeowners and financial services companies, as many at-risk homes lack protection from insurance coverage, the company warned.

The analysis examined homes along the coastlines of 19 states and the District of Columbia in the Gulf and Atlantic regions, extending as far west as Texas and as far north as Maine.

Florida ranks number one for the highest number of homes at risk of storm surge damage, with nearly 2.5 million homes at various risk levels and $490 billion in total potential exposure to damage.

 Read More...