United in a desire to provide state money to victims of the Minneapolis bridge collapse, Minnesota lawmakers are split over whether to cap those awards at $400,000 or leave the check size to a neutral decisionmaker. Proposals aired Tuesday in …
Markel American Insurance Co. introduced a new Collector Vehicle Insurance program. This program joins its other specialty personal lines, such as motorcycle and various boat products. The program provides coverage for a variety of collector vehicles including antique autos and …
Supporters of a special fund to compensate victims of last summer’s Minneapolis bridge collapse hope to have a law establishing the account passed by mid-March. State Senator Ron Latz and Representative Ryan Winkler say they will strive to get a …
The Minneapolis and Chicago offices of Engle Martin & Associates, Inc., a national independent insurance adjusting and claims administration firm, have moved to expanded facilities, the company recently announced. The Minneapolis office, whose service area includes the core states of …
A Minnesota meatpacker has recalled about 188,000 pounds of ground beef patties and some other products because of E. coli bacteria concerns. Rochester Meat Co. of Rochester issued the recall after five illnesses were reported in Wisconsin and one in …
Fitch Ratings has affirmed American International Group’s Issuer Default Rating (IDR) at ‘AA’ and affirmed its ratings on all of AIG’s insurance subsidiaries at the same level. The rating outlook is stable. See below for a complete list of the …
U.S. property/casualty insurers are expected to pay homeowners and businesses $6.5 billion for 2007 property losses from 23 catastrophes — the eighth lowest cost in a decade and the seventh lowest frequency for the same period, according to preliminary analysis …
Aon Corp, a provider of global risk management services, today announced that Mary Ann Krautheim has joined Aon Construction Services Group as its first National Client Strategy officer. Based in Minneapolis, Krautheim is one of a number of strategic hires …
Part memorial and part plea, a new Web site is focused on the stories and needs of victims of the Interstate 35W bridge collapse. The site, www.35wbridge.com was conceived by survivors of the Aug. 1 tragedy, which killed 13 people …
Dallas-based regional insurer, The Republic Group, appointed Jim Drawert to the new position of vice president – Industry Relations. Additionally, Cathy Link has joined Republic as chief underwriting officer. Drawert joined Republic in 2003 as vice president – chief underwriting …
