July 23, 2007
Truckers, Motor Truck Cargo Nuts & Bolts: Frontline Underwriters Inc., an independently owned and operated wholesale MGA, specializes in the placement of motor truck cargo, and offers physical damage and truckers’ liability. Dollars: $10,000 to $250,000 Carrier: Rated “A” by …
July 23, 2007
Insurance regulatory reform efforts on Capitol Hill took a giant leap forward with the recent House passage of HR 1065, the Non-Admitted and Reinsurance Reform Act of 2007. Sponsored by Rep. Dennis Moore, D-Kan., and Rep. Ginny Brown-Waite, R-Florida, HR …
July 23, 2007
$76,000 A South Dakota judge ordered a man who set fire to a Rapid City home last fall to pay thousands of dollars in restitution to an insurance company. Dustin Bomford pleaded guilty to second-degree arson and was given a …
July 23, 2007
Cary Schneider, senior vice president of the Insurance Information Institute, has been elected executive vice president by the organization’s board of directors. Schneider assumes new responsibilities for directing the internal operations of the I.I.I. while continuing to manage the I.I.I.’s …
July 23, 2007
$2.175 Billion U.S. property/casualty insurers are expected to pay homeowners and businesses an estimated $2.175 billion for second-quarter property losses resulting from six catastrophes in 25 states — tying the record for the second-lowest number of catastrophes in a second …
July 23, 2007
Legislation passes House, heads for the Senate; but not all in the industry think it’s the answer as now written Insurance regulatory reform efforts on Capitol Hill took a giant leap forward with the recent House passage of HR 1065, …
July 20, 2007
Fourteen more Kansas counties are eligible for individual federal assistance to help recover from severe storms and flooding in the last few months. The Federal Emergency Management Agency says McPherson, Smith and Pottawatomie counties are now part of the May …
July 18, 2007
Speaking before a key subcommitee of the U.S. House of Representatives Tuesday, Sandy Praeger, president-elect of the National Association of Insurance Commissioners (NAIC) and Kansas Insurance Commissioner, testified on the merits of all-perils insurance coverage. Commissioner Praeger commended the Subcommittee …
July 18, 2007
Seattle-based Safeco has announced it has expanded its sales organization from five to nine regions, and has named executives to lead two of the new territories. “Independent insurance agents have consistently told us they want more personal contact,” said Spencer …
July 16, 2007
While his flooded neighbors faced an uncertain future, homeowner Bob Foust was already well under way this week repairing the water damage to his house upstream of the refinery’s oil spill. Not only did his house escape the oily gunk …