Iowa News

Society of Actuaries Names Bykerk President for 2008-2009 Term

Schaumburg, Ill.-based the Society of Actuaries (SOA) recently announced that Cecil D. Bykerk was elected president of the Society of Actuaries for the 2008 – 2009 term. Bykerk will serve as president-elect during the association’s 2007 – 2008 year and …

Ratings Recap: Old Mutual, Ariel, SCR

A.M. Best Co. has affirmed the issuer credit rating (ICR) of “a-” and the existing debt ratings of the UK branch of Old Mutual plc (OM). Best also affirmed the financial strength ratings (FSR) and ICRs of OM’s key European …

As motorcycle deaths rise, Feds urge states adopt strict helmet laws

States should require motorcycle riders to wear proper helmets, government investigators urged as part of several recommendations that seek to stem a steady rise in motorcycle deaths. Members of the National Transportation Safety Board unanimously approved the motorcycle safety recommendations, …

Officials in Midwest seek Federal aid after August storms

Flooding concerns continue to plague states in the Midwest after the latest round of high winds, tornadoes and heavy rain in late August. Some state officials are seeking federal aid to help homeowners and businesses get back on their feet. …

My New Markets

Medical Staffing Professional Liability Nuts & Bolts: International Excess Agency Inc. is offering claims-made allied health care stand alone professional liability insurance. A PL/GL combo program is also available. Dollars: $100,000 to $10 million. Carrier: Lloyds of London rated “A” …

My New Markets

Environmental Consultants-Contractors Nuts & Bolts: As part of the comprehensive coverage care suite of products, ELM Insurance Brokers has an addition to its errors and omissions/directors and officers/ employment practices liability/crime and fiduciary suite, environmental liability for consultants and contractors’ …

My New Markets

Youth Recreation Programs Nuts & Bolts: Markel Insurance Co. is offering coverage for youth recreation programs and camps. Coverage available includes general liability, umbrella, sexual abuse/molestation, D&O, child abduction, special events, professional liability, property, key employee replacement, auto, crime, and …

Declarations

A gateway crime “Research indicates that auto theft is a gateway crime that potentially leads adolescents to more destructive behavior. … This program explores the relationship among the parties involved when an auto theft occurs and the impact the theft …

Ohio Casualty officially joins the Liberty Mutual agency family

With $7.3 billion in premium, Liberty Mutual Agency Markets becomes the largest regional independent agency force Boston-based insurance giant Liberty Mutual Group is now the largest regional provider of property and casualty insurance distributed through independent agents in the country. …

My New Markets

Private Schools (K-12) Nuts & Bolts: Markel Insurance Co. is an admitted, “A” -rated carrier that insures private K-12, Montessori, charter, trade/vocational, business, and correspondence schools. Available coverage includes general liability, umbrella, sexual abuse/molestation, corporal punishment, educators’ liability, sports liability, …