Connecticut’s venerable insurance industry was celebrated at the state Capitol this month, though its lackluster job growth also was noted. “The industry is as significant a part of Connecticut as it has been in earlier years,” Ronald A. Williams, chief …
Declarations Every opportunity “Independent agents continue to hold their own in terms of market share despite unprecedented advertising campaigns from direct writers. The independent agent distribution model is viable, flexible and entrepreneurial. Opportunity exists for independent agents and brokers in …
Antique Home Insurance Nuts & Bolts: MiddleOak is offering the insurance designed exclusively for antique homes. Comprehensive coverage (similar to a high value home policy) for pre-1930 homes with coverage at $250,000 to $5 million. Endorsed by a historical trust. …
A Michigan meat company is recalling 129,000 pounds of beef products because of possible E. coli contamination, the U.S. Department of Agriculture said. The meat products are made by Davis Creek Meats and Seafood and were made for Gordon Food …
A West Des Moines insurance agent is suing Wellmark Inc. for allegedly refusing to do business with him after two companies associated with the agent moved their health plans to a Wellmark competitor. Frank Berlin filed the lawsuit in Polk …
West Des Moines, Iowa-based Hawkeye-Security Insurance, a member of Liberty Mutual Group, announced it is now offering Inland Marine coverage through new upgrades to Commercial IQ, the company’s Web-based application for commercial lines. Commercial IQ now allows agents to write …
EMC Insurance Cos. said it expects to see losses of up to $21 million from storms last weekend, including devastating tornadoes that killed at least 11 people in Kansas. Des Moines-based EMC insures several businesses and homes in Greensburg, Kan., …
Western National Insurance Group today reported on its financial results for 2007 through March 31. These numbers reflect the pooled results of Western National Mutual Insurance Co., Western National Assurance Co., Farmers Home Mutual Insurance Co., Western Home Insurance Co. …
A former Bucks County, Pennsylvania insurance broker has been arrested by the Pennsylvania Attorney General’s Office for allegedly defrauding four insurance premium companies and the state’s bureau of unemployment compensation out of more than $1 million. Attorney General Tom Corbett …
NASD and state regulators from North Dakota, Iowa and Minnesota announced today that they have signed a joint statement supporting a new rule to require that insurance companies and agencies recommend only suitable annuity products to their customers. All four …
