Minnesota News

Insurers to support legislative study on auto theft

The National Association of Mutual Insurance Companies based in Indianapolis, Ind., will support a legislative study on auto theft in Arizona when the bill is heard in the state’s legislature. A proposed bill has been pre-filed for possible consideration. SB …

Jordan B. Lotsoff recently joined Integro as principal in the Casualty Practice Group in the Chicago office. Lotsoff, with more than 15 years experience in commercial insurance, will be responsible for complex casualty risks, with emphasis on products and premises …

People

Michael Robinson has been named vice president and zone manager of ACE USA Professional Risk’s, Southeast Region, a division of the ACE Group of Companies. Robinson will work with brokers and clients in the southeast in distribution, sales and marketing …

2006 construction forecast: sunny

Construction executives overall are more cautious than in the recent past two years but still generally optimistic about 2006. Builders in Arkansas, Louisiana, Oklahoma and Texas are the most optimistic while those in New England are the least. These findings …

States Balk at Automakers’ Liability Shield Under New Roof Standard

Twenty-six state attorneys general, concerned about a federal proposal to strengthen the roofs of motor vehicles, have urged the government to abandon language that could prevent people from suing automakers. The state officials took issue with part of a proposed …

Federal Law Puts Brakes on Vicarious Liability for Auto Rental Firms

Recent N.Y. $21 Million Award May Be Last of Its Kind in the Nation A New York court’s $21 million award last month to a young Wall Street trader paralyzed in an accident involving a Budget Rent-a-Car vehicle may be …

Jury Awards $52.5 Million Against Insurer in Asbestos Case

A jury has awarded $52.5 million to a Roseville, Minn., construction company that sued its Boston-based insurer for failing to defend it against hundreds of personal injury and wrongful death claims tied to asbestos exposure. “The big message is you …

Federal Law Drives Away Vicarious Liability for Auto Rental Firms

Recent N.Y. $21 Million Jury Award May Be Last of Its Kind in the Nation A New York court’s $21 million award last month to a young Wall Street trader paralyzed in an accident involving a Budget Rent-a-Car vehicle may …

People & Places

Dan Carmichael Ohio Casualty Corporation has completed a new five-year agreement with its current president and chief executive officer, Dan R. Carmichael. The prior contract with Carmichael was to expire on Dec. 31, 2005. Seth Davis Carmichael joined Ohio Casualty …

NAMIC Supports Arizona Legislative Study of Auto Theft

The National Association of Mutual Insurance Companies (NAMIC), Indianapolis, said it will support a legislative study on auto theft in Arizona when the bill is heard in the state’s legislature. A proposed bill has been pre-filed for possible consideration early …