Minnesota News

News Briefs

ILLINOIS Garrett Bonham, 29, seeks more than $75,000 in a lawsuit filed last month for injuries sustained in his 10 years of employment as a performing knight at the Schaumburg, Ill., Medieval Times, according to the Chicago Tribune. Although filed …

News Briefs

ALABAMA Vesta Reinsurance To Cover Wilma Vesta Insurance of Birmingham, issued a statement saying it has complete reinsurance coverage for Hur-ricane Wilma claims in Florida. “As previously disclosed, Vesta’s losses from Hurricanes Katrina and Rita did not reach the company’s …

State Farm: Midwest Tops Country in Deer Collisions

According to a recent study by State Farm, the Midwestern states top the country for number of auto collisions with deer. The study, which covered the number of accidents involving deer between July 1, 2004 and June 30, 2005, indicates …

Horace Mann Reports Q3 Results

Horace Mann Educators Corporation today reported net income of $1.0 million (2 cents per share) and $61.2 million ($1.32 per share), respectively, for the three and nine months ended Sept. 30, 2005, compared to a net loss of $12.6 million …

Minn. Jury Award for Wrongful Death Sets Precedent

A Minnesota jury’s award of more than $720,000 in a loss-of-relationship settlement is under fire by the insurance company involved, according to Associated Press. A jury awarded the Hibbing, Minn. Rafinski family more than $720,000 for losing its relationship with …

St. Paul Travelers Reports Q3 Results

The St. Paul Travelers Companies, Inc. today reported net income for the current quarter of $162 million, or $0.24 per basic share and $0.23 per diluted share, compared to net income of $340 million, or $0.51 per basic and $0.50 …

AAA Minnesota Offering 20 Percent Homeowner Discounts

AAA Minnesota is offering new policyholders an average 20 percent rate reduction on its homeowner’s product. Existing customers also will receive a 20 percent rate reduction on their homeowner’s insurance, reflected automatically on renewals beginning Dec. 1, and AAA members …

ACE Makes Appointments in Midwest

ACE USA, the U.S.-based retail operating division of the ACE Group of Companies, today announced that Kelley Kinsella has been named senior vice president and regional business development manager for ACE USA’s Midwest region. Based in Chicago, Kinsella will manage …

Cooper Gay Names Hayes Sr. VP

Cooper Gay & Cashman of Minneapolis, Minn. has named Wendy Hayes senior vice president in charge of its catastrophe modeling division at that location. Hayes, 36, was formerly at Risk Management Solutions (RMS) in Minneapolis, where she served as product …

Conference to Headlight Deer-Vehicle Crash Hazard Research

More than 1.5 million drivers nationwide last year collided with deer on roadways around the country, and the costs related to this growing problem total more than $1 billion each year. On Oct. 24-25, nearly 70 researchers, administrators, engineers and …