Minnesota News

As Weather Warms, Property Owners Urged to Buy Flood Insurance

Having flood insurance will be increasingly important this year as spring rain combines in many parts of the U.S. with the melting of record snowfall, according to the Insurance Information Institute. “Many states on the Atlantic seaboard were hit with …

Society of CISR Adds Members to Board of Governors

Austin, Texas-based The National Alliance for Insurance Education & Research has announced the addition of five new members to the 2010-2016 Certified Insurance Service Representatives (CISR) board of governors. New board members will serve six-year terms. Officers serve one year …

State Insurance Commissioners Name 28 Consumer Liaisons

The National Association of Insurance Commissioners (NAIC) recently named 18 funded and 10 unfunded consumer liaison representatives for 2010. Seven of the funded consumer representatives participated in the program in 2009, while 11 are new to the NAIC program. Established …

Two Lawyers Named to Minnesota Auto Insurance Plan Governing Committee

Minnesota Commerce Commissioner Glenn Wilson has appointed two public members to the governing committee of the Minnesota Automobile Insurance Plan (MAIP). Thomas J. Evenson is an associate with Lind, Jensen, Sullivan & Peterson, P.A. in Minneapolis. He is a civil …

Minnesota Cities Brace for Spring Floods

Chances remain high for major spring flooding in some Minnesota cities along rivers as a heavy winter snowpack melts, the National Weather Service said. But city officials remain confident their towns can handle high water that might approach 2001 flood …

Mountain West Agency Services Names Kasper General Manager

Phoenix-based Mountain West Agency Services Inc., a wholly owned subsidiary of SCF Premier Insurance Co., named Donald L. Kasper general manager and Jim McErlean as marketing specialist. Kasper has worked in the insurance industry since 1971, and has a proven …

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Outbreak Extra Expense Market Detail: American Underwriting Managers offers a product designed to provide businesses …

Minnesota Lawmakers Hold Distracted Driving Hearing

Minnesota lawmakers are taking another look at the dangers of distracted driving. House and Senate transportation committees held a joint hearing Wednesday on the risks of things like cell phone dialing, fiddling with GPS devices and eating. Legislation to punish …

Ratings Recap: XL Lloyds, Integon, Minnesota Lawyers, HCC Insurance

A.M. Best Co. has withdrawn the financial strength rating (FSR) of ‘A’ (Excellent) and the issuer credit rating (ICR) of “a” of Dallas-based XL Lloyds Insurance Company, and has assigned an NR-5 to the FSR (Not Formally Followed) and an …

Rental Car Firm Vicarious Liability Case Reaches Florida Supreme Court

An accident victim’s lawyer this week urged the Florida Supreme Court to rule that rental car companies can be held liable for damages in an accident they did not cause in the state, even though a new federal law is …