Kansas City Life Insurance Company and The GuideOne Group of Companies, based in West Des Moines, Iowa, have signed a definitive agreement under which Kansas City Life will buy all of GuideOne Life Insurance Company’s issued and outstanding shares of …
Irvine, Calif.-based Superior Access Insurance Services Inc. recently announced that they are expanding their personal umbrella programs with two new carriers – both are rated “A (Excellent) ” by A.M. Best. One program offers limits from $500,000 – $2 million …
TDI announced the state has entered into an agreement with the Midwest Zone States regarding continuing education (CE) reciprocity. With some exceptions, a course approved by a participating state will be accepted by other participating states merely by filing a …
EMC Insurance Group Inc. (EMCI) restated its fourth-quarter and full-year 2002 earnings lower to reflect a $2.1 million reserve hike for direct asbestos exposures. The Des Moines, Iowa-based insurer now says it earned $5.2 million, or 45 cents a share, …
The Iowa Insurance Division (IID) has entered a consent order against Sandra Daugherty of Madrid after she was charged in Story County District Court with three counts of criminal misconduct. Daugherty, who served as office manager for the Severson Insurance …
The Texas Department of Insurance announced the state has joined into an agreement with the Midwest Zone States regarding continuing education (CE) reciprocity. With some exceptions, a course approved by a participating state will be accepted by other participating states …
Property/casualty insurer use of arbitration as an alternative to the more formal and confrontational tort system results in a more efficient and equitable disposition of claims, benefiting both consumers and companies, a leading industry expert representing the Alliance of American …
The American Insurance Association (AIA) said today that it strongly supports a five-year extension of the law that allows insurer assessments for Iowa’s workers’ compensation second injury fund to be based on paid losses through a premium surcharge. The second …
They’re baaack. High-flying medical malpractice liability claims losses, that is. The availability crisis of the 1970s and the affordability crisis of the 1980s may be nothing compared to the crisis insurers and doctors face this time around. Almost 8 percent …
ACE USA has announced a new organizational structure in which nine newly-named regional executives will oversee ACE’s regional operations. As the senior executive in each geographic region, and working closely with the ACE divisional presidents, the regional executives will oversee …
