April 7, 2014
There’s no easy fix for the National Flood Insurance Program, now drowning in a $24 billion sea of red ink. But experts and advocates say Congress has options that could make the troubled program financially stable, more affordable and more …
April 7, 2014
An insurance company has been told to pay $12.4 million to the owners of a West Des Moines, Iowa, apartment complex that was plagued with water leaks and mold. Construction of the Westlake apartments began in 2002. Westlake Investments LLC …
April 7, 2014
Indiana has seen a 20 percent drop in the number of young drivers involved in accidents in the four years since it began requiring teens to wait longer to get their driver’s licenses. The Graduated Driver Licensing program was implemented …
April 7, 2014
An insurance industry trade association says homeowner and auto insurance costs for most Ohioans remain below the U.S. average. The Ohio Insurance Institute released a report saying Ohio has the sixth lowest average homeowners premium and the 10th lowest average …
April 7, 2014
Van Wert, Ohio-based Central Insurance Companies announced several promotions in March. Todd Simpson was promoted to assistant vice president of claims. A graduate of the Indiana University School of Law, Simpson has been employed by Central for 13 years. He …
April 7, 2014
There’s no easy fix for the National Flood Insurance Program, now drowning in a $24 billion sea of red ink. But experts and advocates say Congress does have some options that could make the troubled program financially stable, more affordable …
April 7, 2014
Small businesses face a myriad of challenges throughout the business life cycle as they embark on new ventures and grow their operations. And insurance agents can serve as their guide and help them understand risks and insurance coverage options, according …
April 7, 2014
Delaware legislature on March 25 passed HB 104 (“An Act to Amend Title 18 of the Delaware Code Relating to Certificates of Insurance”) that aims to curtail the improper use of certificates of insurance. Delaware Association of Insurance Agents & …
April 7, 2014
The Massachusetts Division of Insurance (DOI) announced on March 21 that it has reached a settlement with the Workers’ Compensation Rating and Inspection Bureau (WCRIB) and the Massachusetts Attorney General’s office to keep the state’s workers’ comp rates at current …
April 7, 2014
The MEMIC Group, a Portland, Maine-based workers’ compensation carrier, has announced the promotion of Eileen M. Fongemie and Deborah E. Lander. Fongemie has been named director of finance. In this capacity, she will be responsible for planning, direction and management …