Monthly Archives: <span>June 2011</span>

Above Average Number of Tornadoes in Oklahoma This Year

A meteorologist with the federal government’s Storm Prediction Center said on May 31 that Oklahoma has seen a greater than average number of tornadoes so far in 2011. Preliminary data from the agency show 63 reports of tornadoes in Oklahoma …

Economist: Exports Aiding Midwest Economic Growth

Strong export numbers are boosting the economy in nine Midwest and Plains states, even though high raw material costs have hurt profits, according to a new monthly report released June 1. The overall economic index for the Mid-America region rose …

9 Days After Tornado, Rebuilding Begins in Joplin, Missouri

Electrical crews hoisted power poles, small businesses opened in tents and residents snatched up construction supplies as rebuilding got underway nine days after a tornado tore through the southwest Missouri town of Joplin. “We are open. Pray for Joplin,” read …

A.M. Best Downgrades Ratings of State Auto Insurance Companies

A.M. Best Co. has downgraded the financial strength rating (FSR) to A (Excellent) from A+ (Superior) and issuer credit ratings (ICR) to “a+” from “aa-” of Columbus, Ohio-based State Auto Insurance Companies (State Auto) and its operating members. Concurrently, A.M. …

MarketScout Opens Florida Personal Lines Office

MarketScout, the Dallas-based electronic insurance exchange with managing general agent and wholesale operations, has expanded by opening a personal lines underwriting facility in Fort Lauderdale, Florida. The new location will serve the firm’s national network of agents by focusing specifically …

Halvorsen Joins Lockton in New York

Lockton has hired Marianne Halvorsen as vice president and producer. Halvorsen, who will be based in New York, previously served as a vice president and client advocate with Willis. She is also an instructor at St. John’s University.

Calif. Workers’ Comp Insurance Rating Bureau President Retires

After more than 42 years of service to the California workers’ compensation community, Workers’ Compensation Insurance Rating Bureau President and CEO Robert Mike announced that he will retire effective Dec. 1, 2011. Planning for Mike’s succession began in late 2010. …

Driver of Car Hit by Train is Billed for Damage

Metro-North plans to bill a 40-year-old woman for the damage one of its trains suffered when it struck the woman’s car in Milford, Connecticut on Sunday. Metro-North spokeswoman Marjorie Anders says the commuter railroad has determined that Vicki Buker-Besse of …

Widow Sues Over Mississippi Ship Accident

The widow of Thomas L. Moore, who drowned when a fishing boat and ship collided in the Mississippi Sound, has filed a federal lawsuit against the owners of both vessels. Beverly Ann Moore is suing Omega Protein Inc., owner of …

Hub Completes Acquisition of South Carolina Agency

Chicago-based broker Hub International Limited has completed the previously-announced acquisition of First Southeast Insurance Services, Inc., an insurance brokerage firm headquartered in Charleston, South Carolina. FSIS has four operating units in North and South Carolina that will become a new …