Monthly Archives: <span>August 2014</span>

North Dakota State Fire and Tornado Fund Waives Premiums

The North Dakota State Fire and Tornado Fund (F&T) for the first time in its history will waive insurance premiums for its policyholders, the state insurance department announced “The State Fire and Tornado Fund is financially strong and is more …

Nationwide Strengthens Ties with NFL, Signs On As Official Sponsor

Nationwide Insurance announced said it has signed a three-year agreement with the National Football League (NFL) to become an official insurance sponsor of the league. The relationship kicks off this coming season and will run through the 2016 season. As …

TSC Advantage Enhances Cyber Assessment Technology for Insurers

TSC Advantage, an enterprise risk consultancy, has enhanced its cyber risk assessment Threat Vector Manager (TVM) technology for commercial organizations, critical infrastructure and the public sector. In addition, through its partnership with global insurance underwriters and brokers, TSC Advantage said …

Last Chance: Submit Your Sales, Marketing & Agency Management Ideas

Calling innovative insurance marketers! Share your sales, marketing and agency management ideas with the insurance community and they could be featured in Insurance Journal magazine’s Aug. 18 issue. To submit your idea today, visit: https://www.insurancejournal.com/agency-sales-marketing-ideas/ The DEADLINE is today.

Texas State Fire Marshal Receives National Award

Texas State Fire Marshal Chris Connealy recently was honored with the President’s Award from the National Association of State Fire Marshals (NASFM). The award was presented at the NASFM conference in St. Pete Beach, Fla. “Chris was nominated and selected …

Crop Insurer to Reimburse Some North Dakota Policyholders

A crop insurer has reached an agreement with North Dakota insurance regulators under which it will return a portion of premiums to some crop/hail insurance policyholders. North Dakota Insurance Commissioner Adam Hamm announced an agreement with Austin Mutual Insurance Co. …

Illinois Becomes Third State to Provide Online Access to Insurer Filings

The Illinois Department of Insurance (DOI) is now providing online access for consumers to view insurance company records. Insurance product filings, such as rates and forms, filed with DOI are now available to the public through the online tool SERFF …

New York Man Awarded $2.3M in Med Mal Lawsuit

A jury has awarded $2.3 million to a Rockland County, New York, man who said the head of Nyack Hospital’s orthopedic surgery left a serious infection untreated. The Journal News says the jury found Dr. Jason Fond negligent in his …

Soft P/C Market Flattens Independent Agencies’ Organic Growth in Q2: Reagan Consulting

Independent insurance agents and brokers reported median organic growth of 5.8 percent for the second quarter of 2014, a weakening from 6.2 percent for the first quarter of 2014 and 6.9 percent for the second quarter of 2013, according to …

Oregon Family of DUI Victim Settles with Driver, Restaurants

A settlement agreement in a Lane County, Ore. drunk driving lawsuit appears to award slightly more than $180,000 to the victim’s heirs. The Register-Guard reported the mother and two children of a Cottage Grove woman killed by a drunken driver …