Iowa News

GFB & Sons Offers Expanded Ill. Liquor Liability Program

Geo. F. Brown & Sons, Inc. (GFB) has reached an exclusive agreement with the AM Best “A”-rated carriers of the RSUI Group Inc. to expand its Illinois liquor liability program to a multi-state program. The program is now available in …

Wisc. Insurance Administrators Merge

Cypress Benefit Administrators, an Appleton, Wisc.-based third-party insurance administrator, has purchased H.E.P. Admistrators of Oconomowoc. Terms of the sale were not disclosed. Customers of H.E.P. in Wisconsin, Illinois and Iowa will have more product and technology options, Cypress said. Cypress …

Endurance Specialty Holdings Names Vaughan to Board

Bermuda-based Endurance Specialty Holdings Ltd., a provider of property and casualty insurance and reinsurance, announced the appointment of Therese Vaughan to its Board of Directors. Dr. Vaughan became the Robb B. Kelley Distinguished Professor of Insurance and Actuarial Science at …

N.Y.’s Lawley Joins RiskProNet

Lawley Service Inc., one of the Northeast’s largest insurance firms, has joined RiskProNet International Inc., a network of 28 major independent brokers across the United States and Canada. The Buffalo, N.Y.-based agency was founded here in 1945 by Ray and …

Royal & Sun Alliance Agrees to Sell Viking Insurance to Sentry Insurance

Charlotte, N.C.-based Royal & Sun Alliance has agreed to sell Viking Insurance, its specialty U.S. non-standard auto business to Sentry Insurance, of Stevens Point, Wisc. for $200 million in cash. The purchase is subject to regulatory approval. Viking wrote direct …

Va. Republicans Sue Insurer for $1M Cost of Eavesdropping Scandal

The Republican Party of Virginia is suing its liability insurance carrier, seeking nearly $1 million in reimbursement for the GOP’s payout to settle a lawsuit over the eavesdropping scandal and attorneys’ fees the insurer refused to cover. The state GOP …

CODED PLATES PROPOSED FOR DRUNK DRIVERS:

The automobiles of repeat drunk drivers would carry special license plate numbers under a bill under consideration by lawmakers. The license numbers or letters–the specific code hasn’t been determined–would allow police to quickly identify motorists convicted of driving while intoxicated. …

Case Law Watch

Wooddale Builders vs. Maryland Casualty Co. (Minnestoa Court of Appeals, May 3, 2005) —Ruling: Appropriate end date for time-on-the-risk allocation is date of remediation.House builder brought action against commercial general liability insurer for declaratory judgment on coverage for mold in …

Producer Development: Learning to Sell

New Program Teaches a Consultative Approach to Insurance Sales Beginning this week, 15 insurance agents are returning to Normal, Ill., to do an unusual thing in the world of insurance training: talk with each other about what’s worked and what …

BOCA RATON CONDO DEVELOPER SAYS ‘NO’ TO HURRICANE SHUTTERS

Banyan Lakes, a condominium developer in Boca Raton, Fla., an area well known for upscale housing, has banned condo owners from placing hurricane shutters outside their windows, residents can put them inside the windows if they are not visible to …