Minnesota News

Texas, Oklahoma Among States Requiring Fire-Safe Cigarettes

Laws mandating stores only sell cigarettes that are slow-burning and fire-safe went into effect in five states on New Year’s Day, including Texas and Oklahoma. Those two states, plus Delaware, Iowa and Pennsylvania, joined 17 others in mandating the fire-safe …

States Rate Poorly on Consumer Insurance Information on Web

A national consumer group says state insurance departments vary in the quality of the information they provide consumers online, with differences in the usefulness of information such as the rates and practices of individual insurance companies. According to the Consumer …

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. Top 10 Most Unusual Searches on MyNewMarkets.com in 2008 Exotic Snake and Reptile Breeding Operation …

Schroeder Heads New Minnesota Surplus Lines Insurance Association

Nicholas Schroeder is the first executive director of the new Surplus Lines Association of Minnesota (SLAM), a non-profit organization of brokers of insurance that is placed with companies that are not licensed in Minnesota. Schroeder previously worked as a commercial …

Florida Workers’ Compensation Market in Good Shape, Says State

Availability and affordability in Florida’s voluntary workers’ compensation market overall is good, although small firms, new firms and construction firms might face affordability issues due to unique characteristics such as lack of historical risk experience and the nature of the …

Number of Fatal Minnesota Crashes Lowest in 64 Years

Preliminary results show Minnesota in 2008 had the fewest number of traffic deaths in 64 years. The Minnesota Department of Public Safety says preliminary results show that 424 people died in crashes involving a vehicle last year, a decline of …

Workers’ Comp Assigned Risk Rate to Rise in Minnesota

Minnesota’s Commerce Commissioner has issued a rate order approving a 2.6 percent increase in the overall level of the assigned risk rates for workers’ compensation insurance. The increase is effective April 1, 2009, according to the Minnesota Workers’ Compensation Insurers …

Minnesota Mold Expert Wishes Homeowners Would Take Control

On the surface, Michael Ring’s business is about finding mold in people’s houses and getting rid of it. But shortly after he started Moldex eight years ago, Ring discovered he’s actually in the education business. He’s seen plenty of horror …

My 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. Baby Products MarketScout: www.marketscout.com gives agents access to a products liability market for baby products. …

Insurance CEO Buys Actress Lange’s Minnesota Home for $1.8 Million

The buyers of Jessica Lange’s home in Stillwater, Minn. have been revealed. According to the Washington County Assessor’s Office, the buyers are Patrick and Jane Thiele. Patrick Thiele is a former top executive at The St. Paul Cos. The home …