Latest Minnesota Headlines
All the headlines from our Minnesota Topic Page, ordered by recency.
Minnesota AG Asks Judge to Make Willis Hand Over Documents; Broker ‘Surprised’ by Move
Mar 8 2005 // Minnesota Attorney General Mike Hatch filed a 400-page motion in state court Monday asking a judge to force broker Willis Group to hand over documents related to his investigation of the firm’s contingent commission...
DOI ISSUES STUDY ON BOOMING LONG-TERM CARE RATES
Feb 21 2005 // Premiums have increased for some long-term care insurance policies issued to Minnesota consumers largely because policyholders are maintaining their coverage and interest rates have decreased in recent years. Those...
RTW Sees 12th Consecutive Profitable Quarter
Feb 15 2005 // Minnesota-based RTW Inc., a provider of products and services to cost-effectively manage both insured and self-insured workers’ compensation programs, reported net income for the fourth quarter ended Dec. 31, 2004 of...
Minn. DOI: Higher LTC Rates Due to Lower Lapse Rates and Investment Income
Feb 8 2005 // Premiums have increased for some long-term care insurance policies issued to Minnesota consumers largely because policyholders are maintaining their coverage and interest rates have decreased in recent years. Those...
Arthur J. Gallagher Forms Gallagher RE
Jan 24 2005 // Arthur J. Gallagher & Co. has announced the merger of its two U.S. reinsurance brokerage subsidiaries, Arthur J. Gallagher Intermediaries Inc. in New York and John P. Woods & Co. Inc. in New Jersey effective...
Minn. Workplace Injuries Drop 8.3%
Jan 7 2005 // A recent Minnesota workplace survey shows the state’s injury and illness rate decreased by 8.3 percent in 2003, according to the state’s Department of Labor and Industry. A total of 111,600 nonfatal workplace...
Minn. Also Nets $560,000 in Penalties From UnumProvident for Denying Disability Insurance Claims
Dec 23 2004 // The Unum Life Insurance Company of America, Provident Life And Accident Insurance Company, and the Paul Revere Life Insurance Co., all subsidiaries of UnumProvident, have agreed to settle issues regarding claims handling...
MINN. AG OUTLINES LEGISLATION ON BROKER OPERATIONS:
Dec 6 2004 // Minnesota Attorney General Mike Hatch has proposed a series of sweeping rules regulating how brokers would operate in the Land of 10,000 Lakes. Hatch, a Democrat, has found compatriots in the Minnesota legislature to...
Progressive’s Black Box: Is Big Brother Good for the Industry?
Dec 6 2004 // Some drivers in Minnesota will soon have an added passenger in their cars: their insurance company. Progressive Insurance Company is using so-called “black box” technology to offer drivers discounts based on...
Progressive’s Black Box: Is Big Brother Good for the Industry’
Nov 22 2004 // Some drivers in Minnesota will soon have an added passenger in their cars: their insurance company. Progressive Insurance Company is using so-called “black box” technology to offer drivers discounts based on...
Minnesota, Louisiana at Different Ends of Health Spectrum Following Survey
Nov 10 2004 // Despite having to deal with some of the nation’s worst wintertime weather, Minnesota emerged as the nation’s healthiest state, while far to the south, Louisiana is the least healthy, a ranking it has been...
Is Big Brother Good for the Industry’
Nov 8 2004 // Some drivers in Minnesota will soon have an added passenger in their cars: their insurance company. Progressive Insurance Co. is using so-called “black box” technology to offer drivers discounts based on how...
Is Big Brother Good for the Industry’
Oct 25 2004 // Some drivers in Minnesota will soon have an added passenger in their cars: their insurance company. Progressive Insurance Company is using so-called “black box” technology to offer drivers discounts based on...
Minn. Gov. Asks for Commercial Insurance Review
Oct 21 2004 // Citing concerns that Minnesota businesses and their employees may have been affected by alleged “bid rigging,” Gov. Tim Pawlenty has asked Commerce Commissioner Glenn Wilson to review the relationship between...
People & Places
Oct 11 2004 // Nancy Baily Kevin Mangan InVEST, an education program that develops a diverse pool of insurance professionals and informed consumers by educating high school and community college students on insurance, financial services...
Minn. Gov. Requests Presidential Disaster Declaration for Flooding in Southern Areas
Sep 30 2004 // In a letter to President Bush on Wednesday, Minnesota Gov. Tim Pawlenty requested a Presidential Disaster Declaration and Federal assistance for areas of southern Minnesota affected by severe flooding that occurred on...
Fatal Work Injuries Drop in Minn.
Sep 23 2004 // Seventy-two fatal work injuries were recorded in Minnesota in 2003, a decrease of nine cases from 2002, according to the Census of Fatal Occupational Injuries, conducted by the Bureau of Labor Statistics. The total is...
Progressive Rolls Out Data-Logging Discount for 5,000 Minn. Drivers
Aug 26 2004 // Mayfield Village, Ohio-based vehicle insurer Progressive announced that it is offering a discount to 5,000 Minnesota drivers who agree to use a data-logging device in their cars. The discount—as much as 25 percent—is...
State Farm Ruling Could Expand to Other Home Insurers
Aug 25 2004 // Attorney General Mike Hatch is intervening in a lawsuit that seeks to stop a State Farm insurance rate increase approved by the Department of Commerce earlier this year. The agency’s decision would allow...
Prime Authorized to Write Surplus Lines in Minnesota
Aug 4 2004 // Salt Lake City, Utah-based surplus line carrier Prime Insurance Syndicate Inc. announced that it has received approval to write surplus lines insurance business in Minnesota, effective Aug. 1, 2004. Prime, which offers...
