Appleton, Wis.-based SECURA Insurance Cos. announced that it will soon introduce a desktop farm rating software program for its agents. The program, called AgRate, will be downloaded through its Web site. Agents will simply enter risk information into the rating …
Wisconsin-based Wausau Signature Agency has increased its focus on employee benefits by forming a group benefits division in the Upper Midwest states. “As part of our commitment to meet all of the insurance needs of our clients and prospects, we’re …
Bank of the West announced the debut of the new name of its insurance subsidiary, BW Insurance Agency Inc., which replaces the Community First Insurance name. Community First Insurance was part of the former Community First National Bank, which was …
Des Moines, Iowa-based property/casualty carrier EMC Insurance Group posted a fourth-quarter loss of $489,000, or 4 cents a share, thanks to a $15.4 million hit on adverse developments on prior years’ reserves. The fourth-quarter loss compared to a $6 million …
The Panel on the Nonprofit Sector, a Washington, D.C- comprised of nonprofit organizations across America, has proposed to the U.S. Senate Finance Committee a series of recommendations to open up the financial operations of charitable organizations to more public scrutiny …
Des Moines, Iowa-based EMC Insurance Group Inc. reported that the company’s statutory combined trade ratio for 2004 was 104.2 percent thanks to adverse development on prior years’ reserves totaling about $15.4 million for the fourth quarter of 2004. This adverse …
Pennsylvania-based Donegal Group Inc.reported that net income for year ended December 31, 2004 reached an historic high for the company. Net income for the year ended December 31, 2004 was $31,614,269, compared to $18,293,976, for the year ended December 31, …
III Joint Forum: From the Outside Looking In It’s not very often that the insurance industry invites outsiders to share their opinions, so last month’s Insurance Information Institute’s Joint Industry Forum was noteworthy for including a segment with panelists who …
A federal judge has sided with the state of Maine in an industry challenge to the constitutionality of a state law that requires pharmacy benefit managers to disclose side payments from drug companies and other financial information. U.S. Magistrate Judge …
Nuts & Bolts: Pittsburgh-based National Union Fire Insurance Co. has launched PrivateRisk Protector, a new management and professional liability portfolio of coverages designed to address the broad spectrum of exposures to the financial health of private companies. With PrivateRisk Protector, …
