Iowa News

My 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. Kidnap and Ransom Coverage Nuts & Bolts: Travis-Pedersen & Associates of Arizona, LLC is offering …

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. Personal Lines Insurance Agents E&O Nuts & Bolts: Travis-Pedersen & Associates of Arizona, LLC is …

People

Privately owned insurance and risk management firm McQueary Henry Bowles Troy L.L.P. (MHBT), based in Dallas, named David Ball a partner in the firm. Ball, previously vice president in the property and casualty group in MHBT’s Dallas office, specializes in …

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. Three Year Policies — EPLI Nuts & Bolts: International Excess is offering online quotes at …

Markel American to Sell Collector Car Coverage

Markel American Insurance Co. introduced a new Collector Vehicle Insurance program. This program joins its other specialty personal lines, such as motorcycle and various boat products. The program provides coverage for a variety of collector vehicles including antique autos and …

Iowans and South Dakotans Charged in Arson Scams

Federal grand jurors have indicted two Sioux Falls men on charges of burning down their car stereo installation business to collect the insurance money. One of them, Chad Michael Blair, 31, earlier was charged with an unrelated scheme to set …

Iowa Landlord Convicted of Fraud Ordered to Pay $1.9 Million in Damages

A Cedar Rapids, Iowa landlord was convicted this week of receiving insurance payments based on false claims, and the federal jury ordered him to pay $1.9 million in damages. Robert Miell, 53, was found guilty of insurance fraud and breach …

Agent to Head P/C Office at La. Insurance Department

Louisiana Commissioner of Insurance Jim Donelon appointed Edward O’Brien to serve as the deputy commissioner of the Louisiana Department of Insurance Office of Property & Casualty, the department announced. O’Brien starts at his new post Jan. 21, 2008. O’Brien will …

Ratings Recap: Verlan, ACMAT, Heritage, Alfa, Petroleum Marketers, Berkshire (Debt), Consumers, ACA Financial

A.M. Best Co. indicated that the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit rating (ICR) of “a” of Verlan Fire Insurance Company of Silver Spring, MD, are unchanged following the recently announced definitive agreement by The Hanover …

Midwest States Fall Below National Average for Homeowners Premiums

A new National Association of Insurance Commissioners’ (NAIC) report shows Ohio homeowners and most Midwestern states pay some of the lowest homeowners’ insurance rates in the nation. The Ohio Department of Insurance announced that new figures from the NAIC show …