Monthly Archives: <span>May 2016</span>

Lloyd’s America Chief Says E&S Sector ‘Best Kept Secret’

If insurance is the best kept secret in the business world, then the E&S sector is the best kept secret in the insurance industry. That’s according to Hank Watkins, president of Lloyd’s America, who talked fondly in mid-April about excess …

Speed Limits and Crashes Rise in Ohio

Injury and property crashes have increased with the raising of speed limits on the state’s rural interstate highways, according to the Ohio Highway Patrol. The highway patrol said there’s been a 21 percent increase in crashes on interstate highways where …

People – Midwest

Terry Miller has been appointed executive vice president and chief operating officer at Bloomington, Minn.-based SFM Mutual Insurance Co. Miller was the company’s original controller. He rose through the ranks in his 30-plus years at SFM to become vice president …

Workers’ Comp Market Share: Minnesota and Missouri

Minnesota’s workers’ compensation costs relative to payroll have been on the decline since 2002, and many Missouri businesses may see lower workers’ comp insurance costs in 2016, as hundreds of insurers have filed for rate reductions in that state for …

South Dakota’s Big Sioux River Basin to Get New Flood Mapping Tools

The state of South Dakota is working on new online flood mapping tools for the Big Sioux River Basin. The Google maps-style program should allow cities, counties, developers and emergency managers to test the flooding potential of increased flows in …

Missouri Wrongful Death Lawsuit Limits Upheld

The Missouri Supreme Court has ruled that caps on how much money someone can win in a wrongful death lawsuit do not violate the state’s constitution. In the decision issued on April 19, the justices said a person’s right to …

Tennessee: At Least 15% of State Affected by Withdrawal of UnitedHealth

The Tennessee Department of Commerce & Insurance (TDCI) is notifying consumers that UnitedHealthcare Insurance Company will no longer offer coverage to Tennessee consumers through the Federally Facilitated Marketplace (FFM). UnitedHealth Group Inc. announced April 19 it will drop out of …

People – Southeast

Florida-based The Villages Insurance has added Naomi Peeples to its Mulberry Grove location. Peeples, formerly located in the Agency’s Spanish Springs office, is a state certified Personal Lines advisor specializing in home, auto and golf car insurance needs. Peeples began …

Florida Exits Multi-State Surplus Lines Clearinghouse NIMA

The Florida Surplus Lines Service Office (FSLSO) has announced that Florida will withdraw from the Nonadmitted Insurance Multi-State Agreement (NIMA), effective June 1, 2016. The decision marks the second state to leave NIMA, with Louisiana exiting last October. FSLSO made …

33 Tornadoes Hit Mississippi in First 3 Months of 2016

The first three months of 2016 were more active than usual in terms of severe weather in Mississippi. Ed Tarver, a meteorologist with the National Weather Service in Jackson, tells The Hattiesburg American the cause is due, in part, to …