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Insurance Agents E&O Nuts & Bolts: London American Profes-sional Liability LLC, a program administrator and MGA, introduced a new professional liability program for insurance agencies. The program is designed for agencies with gross written premiums between $5 million and $250 …

Fraud Roundup

Ind. man convicted of wife’s hot tub death It took jurors only three hours before returning the guilty verdict against Michael B. Smith, 61, after hearing 10 days of testimony. Prosecutors maintained that Smith killed his 55-year-old wife, Linda, as …

Iowa Principal Financial Group Boosts Pay to Outside Directors

Serving as a board member of insurance and financial services company Principal Financial Group Inc. has become more lucrative. The Des Moines-based company announced this week that it has increased the annual retainer it will pay directors who are not …

Iowans Among Most Insured in the Nation, Census Data Shows

Iowa is among the nation’s leaders in having its citizens insured, U.S. Census data released Monday shows. According to U.S. Census figures, the percentage of Iowans without health insurance was 9.1 percent during 2004-2005, a drop from 10.4 percent in …

Ohio Grange Insurance Unveils New Email Tool for Agents

As part of its Ease of Doing Business (EODB) initiative, Columbus, Ohio-based Grange Insurance today unveiled GrangeWire Alerts to agents. This opt-in service is an extension of GrangeWire, an e-mail subscription service implemented earlier this year with more than 3,500 …

People and Places

Loveland, Ohio-based Indiana Insurance, a member of the Liberty Mutual Group, announced that Michael D. Connell has been appointed president and CEO. Connell’s appointment coincides with the retirement of Richard T. Bell, president and CEO for the past seven years. …

Declarations

‘Dumb driving’ fines “You crash, you pay … your insurance premium is probably going to go up, but what about the penalty being paid by 25,000 drivers who are sitting in traffic waiting for you to get your traffic cleared?” …

Answers Still Elusive in 127-year-old Kansas Mystery

Researchers trying to solve a 127-year-old mystery still don’t have a usable DNA sample to help them. Two University of Colorado professors excavated a grave in Lawrence, Kan. in May supposed to belong to John Hillmon, a 31-year-old ranch hand …

Iowa Lawmakers, Wellmark Want Review of Hospital Construction Law

Hospital executives should seek approval from state regulators before closing hospitals on Des Moines’ east side and opening new ones in the suburbs, say some lawmakers and officials along with Iowa’s largest health insurer. Mercy Medical Center filed papers last …

Mass. Becomes 28th State to Join Interstate Compact

Massachusetts has become the 28th state to join a program designed to modernize state regulation of life insurance, annuity, disability and long term care products. Gov. Mitt Romney signed legislation into law today that allows Massachusetts to become a member …