Kentucky News

Agency Saved From the Storm By Cloud Technology

“In the midst of a disaster, our customers count on us to get our jobs done … No excuses!” That promise by County Wide Insurance, a Trusted Choice agency in Dexter, Missouri, was severely tested on Jan. 27, 2009 when …

Kentucky Farm Bureau Grows to 500K Members

Kentucky Farm Bureau (KFB) in October surpassed the half-million membership mark for the first time in the organization’s 91-year history. Attracting 500,316 member families in fiscal year 2010, KFB increased its membership total from last year by 16,964 and became …

Agency Saved From the Storm by Cloud Technology

In the midst of a disaster, our customers count on us to get our jobs done … No excuses!” That promise by County Wide Insurance, an agency in Dexter, Mo., was severely tested on Jan. 27, 2009, when an ice …

Kentucky Homeowners Challenge Fire Service Subdistrict Tax

A dozen homeowners in central Kentucky have sued to challenge the legality of a fire protection subdistrict. The homeowners in northwestern Jessamine County contend the property tax that funds the North Jessamine Subdistrict of the Jessamine County Fire District violates …

People

Insurance broker Marsh has added five industry veterans – four from competing broker Aon – to its private equity and mergers and acquisitions practice. James O’Brien, Jason Hawkins and Craig Warnke join Marsh as managing directors, and Jim Beatty and …

Kentucky Auditor Clears League Over Workers’ Comp

Kentucky’s state auditor has found no fraud in the insurance buying practices of the Lexington-Fayette County Urban Government. Auditor Crit Luallen said her agency found no evidence to conclude that the city’s decision to purchase workers’ compensation coverage through the …

Business Moves

IMS, London American Risk Specialists IMS Insurance Market Solutions acquired Houston-based London American Risk Specialists Inc. effective Sept. 1, 2010. The combined entity will become IMS/London American and will be one of the largest independent multi-line managing general agencies in …

Lloyd’s McGovern Works to Expand No. American Business; Part II

Sean McGovern now heads Lloyd’s operations in the U.S. and Canada – the first and third largest sources of business for its underwriters. Lloyd’s not only wants to hold on to that business, but also to increase it. “We’re in …

Enforcement Issues Complicate Mississippi’s Efforts on Texting Drivers

Undoubtedly bills will be filed to strengthen Mississippi’s texting-while-driving ban during the 2011 legislative session, and questions about enforcement are sure to be raised. A law enacted in 2009 banned beginning teenage drivers from sending text messages from behind the …

Kentucky Jury Awards $165K in Funeral Home Fire

A southern Kentucky jury ordered a funeral home to pay $165,000 to a family after an employee misrepresented the condition of a body after the facility caught on fire. The jury in Christian County Circuit Court heard a day and …