Tuesday, October 25, 2005

Nichols Named to NAPSLO Board

Matthew D. Nichols, ASLI, President of All Risks, Ltd., based in Hunt Valley, Md., has been appointed to the NAPSLO Board of Directors and will serve as Co-Chair of the Membership Committee.

President Mac Wesson appointed Mr. Nichols to fill the remaining year of Past President Jim Griffith's unexpired term. Mr. Griffith recently resigned following completion of his term as Immediate Past President.

Mr. Nichols has been with All Risks since 2000 and began his insurance career with Colony Insurance Co. in 1992, holding positions in Underwriting and then later serving as Vice President of Marketing.

He has served on the NAPSLO Education Committee and the NAPSLO Education School Advisory Committee. He graduated from the University of Virginia in 1992 and has received the Associate in Surplus Lines Insurance (ASLI) designation.

Friday, October 21, 2005

Louisiana Update

Louisiana Insurance Commissioner Robert Wooley recently met with Cameron parish Emergency Preparedness officials to discuss some of their concerns following Hurricane Rita. He concluded that the town of Cameron, which is at the southern-most edge of Cameron Parish, suffered devastation similar to what lower Plaquemines and St. Bernard Parishes experienced with Katrina.

Cameron Parish would like to implement a grid system similar to that being used in Plaquemines and St. Bernard. Cameron Parish officials indicated they would provide get their grid proposal to the Department. In the meantime, the Commissioner is requesting that adjusters head to the town of Cameron so that the debris removal process can more effectively proceed and so that parish government can get back up and running.

More Hurricane related information is available from the Louisiana Department's web site.

Tuesday, October 18, 2005

Insurance Adjuster Schedule for Grid 1 in St. Bernard and Plaquemines Parishes

Starting Monday, October 17, insurance companies began working in a coordinated effort to efficiently adjust claims for St. Bernard and Plaquemines Parish properties damaged by Hurricane Katrina.

Insurance company adjusters are scheduled to visit Grid 1 properties in both St. Bernard and Plaquemines Parishes from Monday, October 17 through Sunday, October 23. Wooley said companies are making an effort to contact their policyholders to let them know what day they can expect a visit from an adjuster.

Grid 1 maps will be posted on the Department of Insurance Web site under the Hurricane's Katrina and Rita section.

After visting the area, the Commissioner determined the best way to expedite the rebuilding process was a systematic approach to the adjusting and demolition of properties in each parish. Working with parish officials and the insurance industry, Commissioner Wooley developed the idea of subdividing each parish into grids, or small sections containing approximately 1,000 households each. Parish officials then created their respective grid maps using a parish street map.

Monday, October 10, 2005

Membership Renewal Deadline is October 20

Member firms who have not paid their dues prior to October 20, will be deleted from the NAPSLO database and will not receive future mailings, such as the Mid-Year Educational Workshop registration materials.

Reminder billing were recently sent to members with outstanding dues.