Minnesota News

Study: Flood Program Premiums Do Not Adequately Reflect Flood Risk

Premiums charged by the National Flood Insurance Program (NFIP) are inadequate to cover the risk and the program should re-examine its methods for setting rates, according to the U.S. Government Accountability Office (GAO). The 2005 hurricanes left the NFIP with …

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. Waste Haulers Market Detail: ELM Insurance Brokers Inc. offers automobile and general liability coverage for …

Insurance Dollars an Electoral Force in Midwestern States

Congressional candidates from the Midwestern states of Illinois, Indiana, Iowa, Michigan, Minnesota, Nebraska, North Dakota, South Dakota and Wisconsin pulled in big donations from a variety of insurance industry interests in 2008, according to the Center for Responsive Politics, a …

U.S. Senate Candidates (Not all those listed were up for election in November 2008) Obama, Barack (D) $1,512,257 Durbin, Dick (D-IL) $128,750 Bayh, Evan (D-IN) $1,000 Lugar, Richard G (R-IN) $750 Harkin, Tom (D-IA) $90,580 Grassley, Chuck (R-IA) $61,950 Roberts, …

Industry Contributes Big Bucks to Midwest Candidates

Candidates on Both Sides of the Aisle Benefit Interestingly enough, both Democrats and Republicans were on the receiving end of the industry contribution checks. With the 2008 election now behind us, it is interesting to see how the insurance industry …

People

Safeco Insurance and Indiana Insurance, both Liberty Mutual Agency Markets companies, recently announced key management appointments to lead their respective personal and commercial lines operations in their Midwest territory. Christopher T. Allen was named vice president, Safeco Insurance, and Midwest …

Midwest State Police Departments Participate in Holiday Crackdown

Law enforcement authorities in several Midwestern states are participating in a regional crackdown on holiday motorists who violate seat belt and other traffic safety laws. Midwest administrator Michael Witter with the National Highway Traffic Safety Administration says the effort is …

RJF Agencies’ Fleming Named to Board of Directors for Agents’ Council

Tim Fleming, president of RJF Agencies, has been named to a three-year term on the board of directors of The Council of Insurance Agents & Brokers (CIAB), a trade association representing domestic and international commercial insurance agents and brokers. Fleming …

Four Victims Sue Consulting Firm in Minnesota 35W Bridge Collapse

Four victims of the Minneapolis bridge collapse are suing the consulting firm that evaluated the Interstate 35W bridge and the contracting company that was repaving the structure when it fell. Minneapolis attorney Jim Schwebel said on Wednesday that URS Corp. …

Illinois Presbyterian Minister Settles Sex Abuse Case for $150,000

A Presbyterian minister accused of having sex with a woman when she was a teenager kept working as a pastor and college administrator after the church’s insurance company paid the accuser $150,000. Rev. Ronald Campbell resigned from Trinity International University, …