City leaders in Johnston, Iowa have decided against earthquake insurance in the wake of two tremors this spring in Illinois and Missouri. The City Council on Tuesday, May 20th rejected spending $4,000 a year for an earthquake policy with a …
Missouri emergency management officials say they’re better prepared for a major earthquake, thanks in part to last month’s 5.2 quake in southern Illinois. Susie Stonner of the State Emergency Management Agency says the state response to the April 18th temblor …
Minnesota insurance agents now can offer customers a new product that combines accident forgiveness and more discounts with rating tiers to help keep rates competitive, according to Northbrook, Ill.-based Encompass Insurance. New Encompass Edgesm offes agents the flexibility to write …
One account said that the tornado that hit Seneca, Mo., was a mile wide and traveled 60 miles on the ground before starting to dissipate. On May 4, 2008, the residents of Greensburg, Kan., remembered the anniversary of the tornado …
AmWINS, Beacon Risk Strategies Charlotte, N.C.-based AmWINS Group Inc. acquired Beacon Risk Strategies, a Seattle-based managing general underwriter of excess-loss benefits insurance. Terms of the transaction were not disclosed. Founded in 1999, Beacon Risk Strategies provides stop-loss products to protect …
Californians permanently injured on the job would get an average 16 percent increase in disability payments under new rules proposed by the state Division of Workers’ Compensation. The formula being proposed is based on new data that links wage losses …
Workplaces are getting safer each year; but that doesn’t mean the cost of workers’ comp coverage will decline Ongoing efforts to curb workplace injuries have made substantial progress in most parts of the country. That’s good news for employees, of …
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. Pizza Delivery Program Market Detail: IPC offers hired and non-owned auto coverage for food delivery …
There are more than a half million enterprises in the restaurant and bars market generating approximately $5.5 billion in all lines premium. This is a sector that has enjoyed generally solid to exceptional growth in sales and employment in recent …
A federal judge has ordered Mississippi attorney Richard “Dickie” Scruggs to turn over policyholder records to State Farm Fire and Casualty Co. within 15 days. Bloomington, Ill.-based State Farm is entitled to records two former adjusters took and gave to …
