Monthly Archives: <span>July 2012</span>

Exceptional Drought Area Worsens in Arkansas

The area of Arkansas experiencing exceptional drought conditions has tripled from a week ago to nearly 11 percent of the state. New U.S. Drought Monitor figures released July 19 show the driest part of the state includes all of Conway …

Travelers Reports More Rate Gains, Seeks Higher Homeowners Deductibles

The Travelers Companies, which reported its second-quarter results yesterday, said renewal rates are continuing to trend up across its business segments. Company executives emphasized, however, that rate hikes are a granular process and are dependent on characteristics of each account. …

Michigan House GOP Won’t OK Health Exchange Anytime Soon

Republican lawmakers want more questions answered before they’ll consider giving GOP Gov. Rick Snyder approval to start work on a website for purchasing health insurance required under the federal health care law, Michigan House Speaker Jase Bolger said. The GOP …

North Dakota Insurance Agent Charged With Stealing from Customer

A Dickinson, N.D., insurance agent is accused of stealing $30,000 from a customer three years ago to buy gold coins and make a payment on his credit card. Scott Biggs is charged with five felonies. The most serious carries a …

Kearby to Lead Austin Association of Insurance Professionals

The Austin Association of Insurance Professionals (AAIP) recently elected Jan Kearbey with Service Lloyd’s Insurance Co. as president of the organization for 2012/2013. Kearbey also received the 2011/2012 Insurance Professional of the Year award for her outstanding service to AAIP. …

CNA Expands Management Liability Coverage for Aging Services Providers

CNA insurance companies has announced changes in its management liability coverage form for not-for-profit aging services providers. The global business insurers’ Epack Extra policy and coverages, previously offered only to other not-for-profit organizations, is now available to providers such as: …

Hawk Joins Todd Insurance Agency in Florida

After two years pursuing undergrad studies at Florida Gulf Coast University, Christina Hawk has rejoined the Ted Todd Insurance Agency in Bonita Springs, Florida as a licensed personal lines insurance agent. The Allstate agency has a total of seven locations …

Fire Closes Alabama Insurance Department

The Alabama Department of Insurance will remain closed until at least Monday due to a power outage caused by a small fire in Montgomery’s RSA Tower on Thursday morning. The 23-story tower, owned and operated by the Retirement Systems of …

Earnings Report: Beazley Group

Selected earnings highlights from Dublin-based Beazley Group for the first six months of 2012 are as follows: 1st Half 2012 1st Half 2011 Gross premiums written ———— $1.0131 bn $924.8 mn Net premiums written ————— $650.8 mn $635.5 mn Net …

House Lawmakers Reach Deal on Russia Trade Pact, Rights Bill

The top Republican and Democrat on the House of Representatives Ways and Means Committee said on Thursday they had reached a deal to move forward on Russian trade legislation, including human rights provisions opposed by Moscow. “I am pleased that …