Iowa News

Western National Names Kapanke to Board

Edina, Minn.-based Western National Mutual Insurance Co. announced that John G. Kapanke joined its board of directors effective Aug. 16, 2004. Kapanke has more than 30 years of financial and investment experience. For the last 17 years, he has served …

Stracher Joins OneBeacon Media Liability Team

OneBeacon Professional Partners, a division of OneBeacon Insurance Group, announced the addition of Cameron Stracher as counsel to its media liability products group. Stracher’s services to OneBeacon Professional Partners in Avon, Conn.will include handling media-liability claim activity, supervising outside counsel, …

People and Places

Thomas Tierney William Brooks Heather Philbin The Vermont Mutual Insurance Group, based in Montpelier, has elected Thomas J. Tierney, currently president and chief executive officer of the group, to be chairman of the board. The election took place at the …

Donegal Mutual Purchasing Donegal Group Stock

Donegal Mutual Insurance Company in Marietta, Pa., announced it will purchase shares of Class A common stock and Class B common stock of Donegal Group Inc. at market prices prevailing from time to time in the open market. At June …

EMC’s Profit Up 70% From Last Q2

Des Moines, Iowa-based property/casualty insurer and reinsurer EMC Insurance Group Inc. reported second-quarter net income of $3.4 million, or 30 cents per share, compared to $1.4 million, or 12 cents per share, a year ago. Premiums earned increased 2.4 percent …

N.Y.’s Marshall & Sterling Joins RiskProNet Network

Marshall & Sterling, Inc., one of New York’s largest regional insurance firms, has joined RiskProNet International, Inc., a network of 29 independent brokers across the United States and Canada. Founded in Poughkeepsie in 1864, Marshall & Sterling today has 15 …

AQUILA, CHUBB SETTLEMENT:

Aquila Inc. and The Chubb Corp. announced that the U.S. District Court for the Western District of Missouri has approved a settlement between Aquila and two Chubb subsidiaries, Federal Insurance Company and Pacific Indemnity Company. In the settlement announced recently, …

Texas Assoc. of Business Backs Revamp of Workers’ Comp System

The Texas Association of Business (TAB) is calling for major organizational reform of the Texas Workers’ Compensation Commission, saying the agency’s current leadership structure undermines its ability to better serve employers and injured workers. TAB is urging the sunset commission …

NAMIC Issues P/C Legislative Analysis

One-fifth of the 251 property/casualty bills enacted in the states so far this year relate to the regulation of automobile insurance, according to an analysis by the National Association of Mutual Insurance Companies (NAMIC). “A total of 23 states approved …

Parting Shots: Mo. Agents Deserve Better

Larry Case In working with and representing Missouri’s independent agent community over the past 17 years, I have always believed that agents deserve more and better. That not only goes for the service delivered by the Missouri Association of Insurance …