How do you rank your relationships with regional and national property/casualty insurers? How do their services compare? How would you rate underwriter knowledge, experience and stability for regional and national insurers? In this exclusive survey for independent insurance agents and …
A Willmar hospital will pay a $50,000 fine because of safety violations discovered after a worker died in motorized shelves. The fine will be paid to Minnesota’s Occupational Safety and Health Administration. Rice Memorial Hospital says it will be making …
Hail damage claims from this past weekend’s storm could easily top $20 million, an insurance industry source says, matching the cost of a similar area storm in April. Meanwhile, nearly 1,260 electric company customers in Wakita and the Tulsa area …
Authorities say lightning from a line of strong thunderstorms crashing through the Midwest ignited a large fire at a petroleum terminal in downtown Kansas City, Kan. City fire Capt. Stan Castaneda says lightning struck a large storage tank at the …
U.S. insurers, in an industry awash in excess capital, face a stretch of turbulence that won’t soon abate, according to analysts at a Standard & Poor’s Ratings Services conference this week. “We’re sitting in an environment where we have way …
Sarah E. Barton has joined London American Risk Specialists Inc.’s Houston office as senior property and casualty broker. She brings with her 15 years of insurance experience on both the company and retail side. As a senior underwriting officer with …
State Farm insurance says it’s lowering auto coverage rates in Louisiana by an average of 2.5 percent at the end of June. The company says that represents an annual savings of $22.4 million to its customers. State Farm insures about …
A bill to punish builders that avoid worker’s compensation fees and other costs by wrongly classifying workers as independent contractors was amended on the Pennsylvania House floor on Tuesday. The legislation aims to address supposed abuses in the construction industry. …
New York investigators are examining how a worn-out part was taken off a construction crane last year, rebuilt and installed on another crane, which collapsed last week in an accident that killed two workers. A failed weld on the crane’s …
Max Specialty Insurance Co., of Richmond, Virginia, the U.S. excess and surplus lines unit of Max Capital Group Ltd., reports it has acquired Commercial Guaranty Casualty Insurance Co., an insurance entity licensed to write business in all 50 states plus …
