August 21, 2008
Pennsylvania homeowners may be entitled to a reduction in their homeowners’ insurance premiums, thanks to The Mortgage Property Insurance Coverage Act signed by Gov. Ed Rendell. The law, which was spurred by the Insurance Agents & Brokers, prohibits mortgage lenders …
August 21, 2008
Residents in Sioux Falls, S.D., continued to top the chart as the safest drivers in the U.S., according to the fourth annual Allstate America’s Best Drivers Report. The average driver in Sioux Falls experiences an auto collision every 14.6 years. …
August 21, 2008
F5 Tornado damage in Parkersburg, Iowa, May 25, 2008. Tornado damage, Windsor, Colo. Prior to 1990, the average number of tornadoes per year in the Continental US was 772. In the period from 1990 through 2007, the average was 1,215. …
August 21, 2008
Kansas had 1,616 tornadoes, 11 of them were F4 tornadoes and nine were categorized as F5. … The number of tornadoes reported has gone up over 50 percent. Much has been written in the last six weeks about the 2008 …
August 21, 2008
New Markets The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Builders Risk and Affiliated Exposures Market Detail: Atlantic Risk Specialists (www.arspecialists.com) brings builders …
August 20, 2008
Victims of record flooding are paying mortgages, taxes and repairs on houses that might need to be destroyed, and some are blaming federal and state officials for a slow response. The lengthy process to get federal buyout offers to homeowners …
August 20, 2008
Schaumburg, Ill.-based Zurich North America Commercial announced today that its new Zurich Integrated Products unit is accepting new business submissions from agents and brokers in several Midwestern states for commercial customers in the small-to-middle market segments. Zurich launched this new …
August 19, 2008
A national insurance trade group is praising the Iowa Insurance Division over its decision to rescind a bulletin that would restrict gifts and other small items under the heading of charities or advertising. The Property Casualty Insurers Association of America …
August 14, 2008
The government owns hundreds of underground fuel tanks — many designed for emergencies back in the Cold War — that need to be inspected for leaks of hazardous substances that could make local water undrinkable. The Federal Emergency Management Agency …
August 14, 2008
City leaders in Palo, Iowa say they have spent the city’s entire general fund budget on flood recovery. Officials say the town, which has about 900 residents and a $300,000 budget, is out of money. City Hall alone sustained $465,000 …