July 23, 2010
The percentage of Illinois motorists using safety belts has reached a record of more than 92 percent. Illinois Transportation Secretary Gary Hannig says traffic deaths in the first six months of 2010 are also down. Hannig says an estimated 92.6 …
July 22, 2010
The Builder Agent Network (BAN) is expanding it offerings for Texas home builders and general contractors to include a new package policy for home builders. BAN is a managing general agent for several insurance companies and works through a network …
July 22, 2010
Oklahoma Insurance Commissioner Kim Holland has asked the Oklahoma Supreme Court to strike down a new state law designed to raise revenue for the state’s Medicaid program. The law imposes a fee on health insurance carriers. Holland filed a petition …
July 22, 2010
The vacant and distressed property segment, which was barely thought of two years ago, has been a beacon of light for insurers. This class has boomed over the last couple years as the economy has forced the closure of many …
July 22, 2010
Former Connecticut Insurance Commissioner Susan Cogswell, the first woman to hold the job, has died. She was 57. The Republican Town Committee of Torrington, where Cogswell lived, released a statement saying Cogswell died Tuesday morning surrounded by her family. She …
July 22, 2010
Stockton, Calif.-based Westmar Marine Insurance Services announced it has appointed Barry Paulsen yacht sales specialist, responsible for building and developing client relationships within the yachting communities to promote specialized yacht insurance products. Paulsen has more than 30 years of experience …
July 22, 2010
Decreases in average renewal premiums continued to show up for commercial clients during the second quarter of 2010, according to risk managers. Premium decreases of between 2.5 and 3.8 percent were reported for property, general liability, directors and officers liability …
July 22, 2010
The Wisconsin State Supreme Court says a brake maker wasn’t negligent in a machinist’s death. Walter Tatera, a former Hales Corners machine shop worker, died of cancer in 2004. His estate sued FMC Corp., a Milwaukee brake manufacturer, alleging disks …
July 22, 2010
The Mississippi River is back above flood stage from the southern tip of Iowa through Missouri, leaving some communities on edge as more storms threaten to bring more water. Parts of southern Iowa, northern Missouri and western Illinois received 5-7 …
July 22, 2010
Germany’s Allianz, Europe’s largest insurer, announced the formation of a new unit for cooperation with car manufacturers at Allianz Versicherungs-AG / International with a “direct reporting line to the Allianz SE board of management.” Allianz explained that based on the …