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A.M. Best: Outlook Negative for Imperial Fire and Casualty Insurance

A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating of B+ (Good) and issuer credit rating of “bbb-” of Opelousas, La.-based Imperial Fire and Casualty Insurance Co. (Imperial). The rating actions reflect …

Great American Enhances Premises Environmental Liability Product

Great American Insurance Group’s Environmental Division has launched an enhanced premises environmental liability insurance policy. The policy speaks to many newer exposures now faced by site owners, operators, property managers and tenants, including: Contingent business interruption Emergency response costs Green …

Illinois Motorcycle Fatalities Climb 13 Percent

Fatal motorcycle accidents are up 13 percent in Illinois, according to data from the Illinois Department of Transportation. The State Journal-Register reported there were 131 motorcycle fatalities in 2010, a figure that rose to 148 in 2012. Illinois State Police …

Cantwell Elected President of Austin Association of Insurance Professionals

The Austin Association of Insurance Professionals (AAIP) announced that Kimmi Cantwell, with McGowan, Donnelly & Oberheu LLC has been elected president of the group for 2013/2014. Also elected were: President-Elect,Mari Beth Matott, The Parks Group Inc. Recording Secretary Tiffany Way, …

NE Kansas Counties Recovering After Tornado Damage

Northeast Kansas counties that were hit by a tornado and flooding in late May are waiting to hear if storms caused enough damage to make the region eligible for state or federal aid. An EF-2 tornado hit Marshall County on …

Oklahoma Insurance Commissioner Caps Fees for Public Adjusters

Oklahoma Insurance Commissioner John D. Doak has issued a bulletin to all Oklahoma-licensed public adjusters advising them not to charge customers more than 10 percent of the total claim settlement. The Oklahoma Insurance Department (OID) says that since the beginning …

Liberty Mutual Insurance Appoints Glasmeier as Distribution VP in Ohio

Anita Glasmeier has been appointed vice president of Distribution of Liberty Mutual Insurance’s Mid-Atlantic Business Insurance operation. She is based in Fairfield, Ohio. Glasmeier will be responsible for agency distribution management, the administration of agent incentive plans, and marketing execution …

Reports: 236 Oil, Gas Sites in New Mexico Failed Inspections

About 85 percent of 276 oil and gas well sites inspected in southeastern New Mexico over the past six weeks have failed to pass after-the-fact electrical safety inspections. Correction notices were issued to those sites that received a “failed” grade. …

Milk Money: Farm Bill Could Hinge On Dairy Vote

Approval of a massive farm bill – and the cost of a gallon of milk – could hinge on a proposed new dairy program the House is expected to vote on this week. An overhaul of dairy policy and a …

Mississippi Man Sentenced for Insurance Fraud, Ordered to Repay Nationwide

A 35-year-old D’Iberville, Mississippi, man has been sentenced to prison and ordered to repay over $6,000 to Nationwide Insurance Co. for defrauding the company on medical bills involving claims on two auto accidents. Circuit Judge Lisa also ordered James Eric …

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