Arizona News

Obama Officials Say Health Plan Has Republican Ideas

Republicans should find things to like in President Barack Obama’s healthcare reform plan because they were taken from Republican bills or have been advocated by Republicans, the president’s top healthcare reform officials said Thursday. In an opinion piece for The …

American Family Insurance Cuts Arizona Auto Rates 5.9%

American Family Mutual Insurance Co. is lowering Arizona auto insurance rates by an average of 5.9 percent starting March 1, saving its Arizona auto insurance customers $13.7 million, the Madison, Wis.-based insurer announced. American Family’s standard auto insurance subsidiary, American …

Tennessee’s Bluff City Not Fooling As Traffic Cameras Catch Speeders

Nearly 1,700 motorists have been cited for speeding in Bluff City, Tenn., since new traffic cameras were installed in December. They are accused of speeding through a 1.3-mile stretch of U.S. 11E that is a 45 mph zone. The citations …

State Auto Reports Revenue Increases for 2009

Columbus, Ohio-based State Auto Financial Corporation’s fourth quarter 2009 net income rose to $14.4 million compared with a net loss of $0.6 million for the fourth quarter 2008, the company reported. For the year 2009, STFC had net income of …

Idaho Home Insurance Costs Lowest in Nation

Idaho homeowner insurance is the least costly in the nation, averaging $422 per year, according to a nationwide survey. This compares to an average $822 countrywide. The Gem State also had among the lowest average rates for renters insurance, at …

Private Crop Insurers Oppose Funding Cuts

The private crop insurance industry is blasting a proposed restructuring in the crop insurance program it says would cut $4 billion — or $800 million a year — over the next five years. The proposal by the U.S. Department of …

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Livestock Mortality Insurance Market Detail: Chopra Insurance Brokerage Inc. offers an “all risks of mortality” …

Professional Insurance Marketing Association Names 2010 Officers

The Professional Insurance Marketing Association, a networking and business development forum for the insurance direct marketing arena, has elected its 2010 leaders, naming James P. Gallagher president. Gallagher is senior vice president, sales & client relations at USI Affinity, Collegiate …

Navajo Council to Consider $4M Loan Bill

The Navajo Nation Council is scheduled to consider a bill next week that proposes borrowing up to $4 million from the tribe’s insurance commission to supplement the emergency management budget. A similar version of the bill was considered by the …

A.M. Best B+ (Good) Rated Contractor GL Insurance Carrier Expanding to 35 States

National Contractors Insurance Company, Inc., a Risk Retention Group (“NCIC”), A.M. Best Rated B+ (Good), is expanding from 25 to 35 states, with their Commercial General Liability coverage now being made available in Alabama, Connecticut, Indiana, Iowa, Kansas, Ohio, Mississippi, …