Minnesota News

Fighting future losses in the midst of fire season

With 68,775 blazes already this year, the 2006 wildfire season is well on its way to becoming the worst in 10 years, according to the National Interagency Fire Center (NIFC). Its data shows 5.03 million acres have burned, eclipsing the …

New Markets

Retail Carts Nuts & Bolts: General liability, including contractual liability, personal injury and advertising injury liability for retail cart vendors operating concessions and exhibits is available from K&K Insurance Group Inc. This program is specifically tailored for concessionaires, exhibitors and …

New Markets

Retail Shopping Centers Nuts & Bolts: Argonaut Group Inc.’s Select Markets segment is expanding its line of products and services to include the retail shopping center marketplace. Highlights include specialized benefits such as coordinated policies for comprehensive landlord-tenant liability coverage, …

Minn. Gubernatorial Candidate Proposes ‘Dumb Driving’ Fines

Drivers who cause crashes because they’re wolfing down hamburgers or applying mascara would face fines under a transportation plan outlined recently by Independence Party gubernatorial candidate Peter Hutchinson. Hutchinson’s five-point plan included more conventional provisions including a 10-cent gas tax …

HCC Insurance Holdings Acquires Minn. Allianz Life Insurance

Houston-based HCC Insurance Holdings, Inc. announced today that the Company had reached an agreement to acquire the assets of Allianz Life Insurance Company of North America’s Health Products Division for a cash consideration of $140 million. The transaction is expected …

Washington Issues Multiple Enforcement Actions

The Washington Office of the Insurance Commissioner has initiated the following enforcement actions: * Issued a $150,000 fine ($75,000 suspended) against Western National Assurance Co., Edina, Minn., for multiple violations discovered during the course of a market conduct examination covering …

Sunflower Insurance Program Subject of Dispute in N.D.

Some North Dakota sunflower farmers are growing frustrated at the federal government about an insurance program that both sides agree needs changing. The Agriculture Department’s Risk Management Agency says it is proposing a change in the interest of simplifying the …

Hawkins Named National Outstanding CSR of the Year

Sharnel K. Hawkins, of Bratrud Middleton Insurance Inc., in Tacoma, Wash., has just been awarded the 2006 National Outstanding CSR of the Year Award. The Society of Certified Insurance Service Representatives (CISR) and the Society of Certified Insurance Counselors (CIC) …

Arrowhead General Offers Wrapups and Conversions for General Contractors

Arrowhead General Insurance Agency Inc.’s Managed Insurance Programs Division is offering a new market for wrapups and conversions for general contractors and developers. The contractors wrapup program includes: *New minimum premiums starting at $250,000; *Conversions; *The ability to handle the …

Minn. Plans Program to Raise Public Awareness of Insurance Crimes

At a rate of about three a day, state Commerce Department regulators have been posting enforcement actions against insurance agencies and companies, real estate agents, mortgage originators, security brokers and others. But that information doesn’t always get into the hands …