State Insurance Commissioner Therese M. Vaughan has resigned effective at the end of the year and will join the faculty at Drake University, the school announced Friday. Vaughan has been named the Robb B. Kelley distinguished professor of insurance and …
Deciding an issue never settled before in South Dakota, the state Supreme Court said Thursday that secondary, umbrella insurance does not kick in until another insurer’s primary coverage has paid its full limit. The unanimous ruling came in a case …
Nuts & Bolts: Chicago-based wholesaler Noodle Specialty Brokers has made available surplus lines liability products from a nonadmitted carrier rated “A+ XV.” The products are available via appointed wholesalers in 17 states and the District of Columbia, and are geared …
Craig Streem Aon Corp., the world’s No. 2 insurance broker, has named Craig A. Streem to the position of vice president and head of investor relations. Streem was most recently vice president of corporate relations and communications for Household International, …
A National Association of Insurance Commissioners report comparing auto insurance rates in all 50 states and the District of Columbia found that North Carolina ranks eighth in the nation for the lowest rates. This is an improvement over the ninth-lowest …
The vote tallies in the presidential and congressional races suggest this is a blue region (with the exception of Virginia) but that is probably not true of the insurance community here or elsewhere. Purple, maybe; blue, doubtful. Blue voters can …
Columbus, Ohio-based Grange Insurance said it is employing a new technology that will allow its agents a more accurate, faster process for real-time submission of policy changes and new business. Grange said its agents will use a program called SEMCI …
Des Moines, Iowa-based property/casualty insurer Allied Insurance has joined the Independent Insurance Agents and Brokers of America’s Trusted Choice branding campaign. Allied, a division of exclusive-agent behemoth Nationwide, does business in 27 states and offers personal lines as well as …
The Malvern, Pa.-based American Institute for CPCU has named Michael P. Holm its new Midwestern region marketing director. Holm is responsible for marketing activities that involve maintaining relationships with organizations that use and teach Institute courses, developing new customers, and …
In a letter to Senate Leaders, Property Casualty Insurers Association of America Senior Vice President, Government Affairs, Carl Parks this week urged the passage of class action reform legislation before Congress adjourns for the year. According to the PCI, S. …
