May 21, 2007
The late Speaker of the House of Representatives “Tip” O’Neill once said, “All politics is local.” To paraphrase, all insurance is local. This is why a large number of state specialists thrive in the property and casualty insurance marketplace. As …
May 21, 2007
Antique Home Insurance Nuts & Bolts: MiddleOak is offering the insurance designed exclusively for antique homes. Comprehensive coverage (similar to a high value home policy) for pre-1930 homes with coverage at $250,000 to $5 million. Endorsed by a historical trust. …
May 21, 2007
State Farm Insurance Co. has paid out about $12 million in claims with more still coming in after a Kansas tornado that destroyed a town two weeks ago and killed at least a dozen people, the company said. Home and …
May 21, 2007
The house in rural southeast Kansas where Greenwood County Sheriff Matt Samuels was killed in 2005 burned down and authorities suspect arson. Three properties at Hilltop in Greenwood County, including the house where Samuels was serving a warrant in January …
May 21, 2007
Ohio man sentenced to three years in workers’ fund scandal An investment marketer who pleaded guilty to conspiring to bribe a former official at the state’s insurance fund for injured workers was sentenced to three years and one month in …
May 18, 2007
Gov. Marc Racicot, president of the American Insurance Association (AIA), praised the insurance industry for its quick response in assessing the damage and paying policyholder claims in the aftermath of the devastating tornado that leveled the town of Greensburg, Kan., …
May 18, 2007
The Federal Emergency Management Agency is more prepared than ever for the 2007 hurricane season, having at the ready helicopters, generators, disaster medical teams and road clearing crews to react within hours, according to FEMA Director R. David Paulison. “So …
May 18, 2007
The Nebraska Department of Insurance and UnitedHealthcare have settled complaints about the company’s past claims process, with the company agreeing to pay the largest fine ever imposed by the department, $650,000. The settlement was announced this week by state Insurance …
May 18, 2007
A Michigan meat company is recalling 129,000 pounds of beef products because of possible E. coli contamination, the U.S. Department of Agriculture said. The meat products are made by Davis Creek Meats and Seafood and were made for Gordon Food …
May 16, 2007
West Des Moines, Iowa-based Hawkeye-Security Insurance, a member of Liberty Mutual Group, announced it is now offering Inland Marine coverage through new upgrades to Commercial IQ, the company’s Web-based application for commercial lines. Commercial IQ now allows agents to write …