April 28, 2009
A coalition of county commissioners from across Minnesota have formally voiced their opposition to a bill in the legislature that they claim would grant wealthy trial lawyers a pay raise at the expense of the state’s families and businesses. The …
April 27, 2009
The governors and senators of North Dakota and Minnesota plan a meeting in Washington to promote permanent flood protection in the Red River basin. North Dakota Gov. John Hoeven and Sen. Byron Dorgan, D-N.D., said in a joint statement that …
April 22, 2009
Most states, including California and Florida, are failing to adequately discipline doctors who are practicing substandard medicine, according to the latest annual ranking of state medical boards by the watchdog group Public Citizen. For the first time since Public Citizen …
April 20, 2009
Life-Changing Tornado “I had more insurance than I thought I did.” —Bill Lant, owner of Lant’s Country Feed Store in Seneca, Mo., says an EF-4 tornado that swept through Newton County, Mo., on May 10, 2008, changed his life. The …
April 20, 2009
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. Technology Errors & Omissions Market Detail: Chamber Insurance Agency Services gives agents access to an …
April 15, 2009
Minnesota lawmakers are considering a bill that would allow for recovery of interest and attorney fees for breach of an insurance policy. If passed, SF 528 would allow “an insured who prevails in any claim against an insurer based on …
April 14, 2009
Survivors of the Interstate 35W bridge collapse in Minneapolis, Minn., in August 2007 have until April 16 to accept or reject a settlement from the state’s compensation fund. The state Legislature created a $36.6 million fund to compensate bridge victims. …
April 14, 2009
A levee breach along the Sheyenne River in North Dakota had officials scrambling for a fix and National Guard helicopters dropping 1,000-pound sandbags into the gap in the levee in Valley City, about 60 miles west of Fargo, early on …
April 13, 2009
The American Recovery and Reinvestment Act of 2009, or the Stimulus Package, is the largest infusion of government funds into the private sector in history. Even though it does not include direct benefits to the insurance industry, it includes provisions …
April 13, 2009
A.M. Best Co. has removed from under review with negative implications and affirmed the issuer credit rating (ICR) of “bbb-” of Cayman Islands-based Ironshore Inc. Best has also removed from under review with negative implications and affirmed the financial strength …