Minnesota News

Tampering Not Suspected in E. Coli Outbreak Linked to Spinach

Tampering is not suspected in an outbreak of E. coli linked to fresh spinach, federal health officials said Monday as they continue to probe the source of the contamination and warned consumers to continue to avoid fresh spinach products. The …

N.D. Insurance Agent Ordered to Stop Selling Promissory Notes

A North Dakota insurance agent has been ordered to stop selling promissory notes or other securities after he failed to repay investors, the state securities commissioner says. Securities Commissioner Karen Tyler issued the order to David A. Skjerven, 59, earlier …

Minn. State University Agrees to $5.25 Million Settlement

Minnesota State University, Mankato,and an insurance company have agreed to a $5.25 million settlement stemming from a crash that killed three students and injured four other students last year in Michigan. Attorney Nick Frentz, who represents the family of one …

California Company Recalling Bagged Spinach due to U.S. E. coli Outbreak

A California natural foods company was linked to a nationwide E. coli outbreak that has killed one person and sickened nearly 100 others. Supermarkets across the country pulled spinach from shelves, and consumers tossed out the leafy green. Food and …

Ohio Grange VP Named Chairman for National Insurance Crime Bureau

Mark C. Russell, Grange Insurance vice president and chief administrative officer, has been named chairman of the Board of Governors for the National Insurance Crime Bureau (NICB), a not-for-profit organization dedicated to preventing, detecting, and defeating insurance fraud and vehicle …

Minn. Travelers Introduces Insurance Company Bond Product

Minn.-based Travelers Insurance is offering increased protection for employee dishonesty fraud and other related losses under a newly-enhanced product recently introduced by the company. Travelers SelectOne(SM) for Insurance Companies Financial Institution Bond covers insurance companies for employee dishonesty and other …

Buyer found for Hawaiian Insurance & Guaranty Ltd.

Hawaii Insurance Commissioner J.P. Schmidt, as liquidator of The Hawaiian Insurance & Guaranty Co. Ltd., has announced that an agreement has been reached with a buyer for HIG. While the commissioner’s office says the name of the buyer is confidential …

Bankers Insurance Association Elects New Leaders

The American Bankers Insurance Association elected 11 new members to its board of directors and new officers during the association’s annual conference this week in Washington. ABIA’s mission is to develop policy and provide advocacy for banks in insurance and …

Minn. Old Republic Acquires Troon Management Corp, Sentry

Rande Yeager, president and CEO of Old Republic National Title Insurance Company, headquartered in Minneapolis, Minn., has announced the acquisition by Old Republic National Title Holding Company of Troon Management Corp. and Sentry Abstract Company effective August 31, 2006. Troon, …

McGowan Joins Beecher Carlson Executive Liability Team in N.Y.

Insurance broker Beecher Carlson has expanded its New York Executive Liability team with the addition of Michael McGowan as producer. Prior to joining Beecher Carlson, McGowan served as national sales and marketing manager for NWI Investigative Group, Inc. McGowan also …