Minnesota News

Web Site for Minnesota Bridge Victims Goes Online Today

Victims of the Interstate 35W bridge collapse can find information about filing claims for compensation on a new Web site that goes online on Monday, Aug.4, 2008. The site is bridgecollapseclaims.com. It was put together by the panel of lawyers …

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. Personal Umbrella – Hard-To-Place Clients Market Detail: International Excess Agency Inc. offers several specialized personal …

Stuart Joins Risk Management Team at Roach Howard Smith & Barton

Helen Stuart has joined Dallas-based Roach Howard Smith & Barton (RHSB), an independent brokerage firm with offices in Dallas and Fort Worth, as a senior account manager in its Risk Management division. With a professional background that includes more than …

Medically Unfit Truck, Bus Drivers Still on U.S. Roads, Study Finds

Hundreds of thousands of tractor-trailer and bus drivers in the United States carry commercial driver’s licenses despite also qualifying for full federal disability payments, and some of those drivers have suffered seizures, heart attacks or unconscious spells, according to a …

Officials Say St. Paul Apartment Fire Was Arson with Intent to Kill

Authorities say a fire that forced some residents of a St. Paul, Minnesota apartment building to climb or jump to safety was intentionally set. St. Paul Fire Marshall Steve Zaccard says there were no serious injuries in the fire July …

U.S. P/C Insurers’ Catastrophe Losses for Q2 Double to $6 Billion; Average Claim $5K

U.S. property/casualty insurers are expected to pay homeowners and businesses an estimated $6.025 billion for second quarter property losses resulting from a total of 16 catastrophes in 27 states, which is nearly double the number of catastrophes in the first …

Midwest States High on List for Numbers of Tornadoes

While a rural area to the northeast of Denver, Colo., tops the nation when it comes to metropolitan areas most prone to tornadoes, Texas leads the states in the average total number of tornadoes per year in the continental United …

N.H. Modifies Producer, Adjuster Licensing Law, Fees

New Hampshire officials announced changes in licensing fees for insurance producers and adjusters that include a single $210 application and license fee for initial producer licensing replacing what used to be two separate fees. The producer licensing renewal fee remains …

Blogs Can Get Insurance Clients ‘SLAPP’ed!

A Dade County, Florida real estate developer in January 2008 filed a $25 million lawsuit against a real estate blogger alleging, among other charges, defamation of character based on the blogger’s opinion published solely on his blog (MiamiCondoInvestments). Hollo v. …

S&P Advises Floods Could Lead to Ratings Actions on Midwest-Focused Insurers

Standard & Poor’s Ratings Services said it does not expect the 2008 Midwest floods to impact ratings or outlooks for the majority of companies that it rates. However, property/casualty writers that are geographically concentrated in the affected states, especially those …