Safeco, based in Seattle, is offering its workers compensation product on a stand-alone — or monoline — basis in 25 states. The move is designed to give small businesses more flexibility in acquiring coverage through their independent insurance agent. Safeco …
Western National Insurance Group, based in Edina, Minn., will form an affiliation with Farmers Home Group of Bloomington, Minn. The Boards of Directors of the respective companies approved the transaction at meetings this week. It is anticipated that the Farmers …
The Supreme Court has made it more difficult for investors to join forces to file high-stakes fraud lawsuits against companies. The 8-0 decision handed down on March 21 blocks state class-action lawsuits by stockholders who contend they were tricked into …
NASD and the Minnesota Department of Commerce will co-host an Annuity Roundtable in Washington D.C. on Friday, May 5. Participants will include a cross section of federal and state regulators, securities firm and insurance company executives, and consumer groups. The …
Travelers personal lines, a member of St. Paul Travelers, has announced it now offers its 10 percent discount on auto insurance for hybrid drivers in Alabama, Mississippi, Nevada, Kansas, Tennessee and South Carolina. Travelers launched its discount for hybrid owners …
Community Banks Nuts & Bolts: OneBeacon Insurance, working with select independent insurance agents, has developed a solution for the increasingly complex risks of community banks through a combination of coverages designed specifically for these financial institutions and broader property and …
Contractors Construction LiabilityNuts & Bolts: Lincoln Insurance Company (A.M. Best’s “A-” Rated) increases its role in the marketplace by teaming with First Capital Group’s Midwest Contractors Construction Program. The program is available in Illinois, Indiana, Wisconsin, Michigan, Iowa Oklahoma, Missouri, …
Charles F. Taylor, CPCU, ARe, has joined ISU International as regional sales manager in ISU’s Indianapolis office, announced T.J. Ryan, III, president. The ISU Group is a national network comprised of 90 select agencies. All of the member offices remain …
It may still be wintry and cold in London and Minnesota, but that hasn’t seemed to dampen the springtime ardor for big merger plans. Shortly after speculation rose that St. Paul/Travelers was seeking to merge with Swiss-based Zurich Financial Services …
Iowa-based Progressive Direct Insurance has kicked off a pilot program aimed at providing discounts to policyholders based on the mileage on their odometers. The premise, according to Progressive, is that drivers could control how much they pay for car insurance …
