Allstate Insurance Company v. Reid (1st Cir. Nov. 30, 2005) Ruling: Coverage Not Available for Damage to Boat Towed by Insured. Defendant and his friend, May, were returning from a fishing trip. Defendant was towing May’s boat and trailer when …
Welcome to Insurance Journal’s 2006 National Directory of Excess, Surplus and Specialty Markets, Volume 1. This exclusive biannual market directory has been designed to assist independent agents and brokers in the task of placing difficult or unusual risks. For ease-of-use …
Regulatory modernization tops industry’s legislative agenda for 2006 With the extension of the Terrorism Risk Insurance Act, passage of federal class action and crop insurance reform, enactment of asbestos reform in several states and some changes in state laws on …
The majority of people killed in teen driver crashes are people other than the teen driver themselves, according to a recent analysis of 10 years of crash data by the AAA Foundation for Traffic Safety. The new analysis shows that …
Conway, Ark.-based American Management Corporation reported it now allows farmers to insure all of their farm operations with one policy. Through a new partnership with St. Paul Traveler’s AMC agents are able to offer farmers coverage for agriculture business needs …
The appointment of Chris Godfrey as the new commissioner of Workers’ Compensation of the Iowa state Workers’ Compensation Division was announced today by Governor Tom Vilsack and Lt. Governor Sally Pederson. Godfrey, 33, is a practicing attorney with special expertise …
Iowa-based EMC Insurance Group Inc. confirmed that Country Mutual Insurance Company had become a participant in the Mutual Reinsurance Bureau (MRB) pool effective Jan. 1, 2006. The company previously announced on Nov. 14, 2005 that Kentucky Farm Bureau Mutual would …
At least six states are likely to advance rate modernization initiatives this year, a legislative preview prepared by the National Association of Mutual Insurance Companies (NAMIC) reveals. NAMIC Senior State Advocacy Director Neil Alldredge said bills favoring more competitive rating …
A Waterloo, Iowa insurance agent has been arrested for allegedly hiding a wireless camera in his office restroom. Robert Speirs, 53, an American Family insurance agent, said he put the camera in the restroom because he suspected one of his …
A Des Moines doctor and his brother are accused of health care fraud for allegedly seeking reimbursement on medical procedures that were unnecessary or not performed. Dr. Peter Boesen, 45, and his brother, James Boesen, 48, are charged in a …
