Minnesota News

Declarations

Big Brother? “These cameras are another important tool that motorists can use when deciding if they should head out on the road.” —Darin Bergquiest, South Dakota Transportation secretary comments on how new cameras might save lives or prevent injuries. Motorists …

People

Assurex Global, a worldwide network of independent insurance brokers, named its newest and 52nd chairman of the board. Bill Jeatran, chief executive officer of RJF Agencies, Minneapolis, Minn., succeeds Paul J. Hering, who is the managing principal and CEO of …

It Figures

32 Despite a decline in fatal accidents, federal statistics show 2007 was the second deadliest year since 2002 for U.S. coal miners. According to the Mine Safety and Health Administration, 32 miners died on the job last year, including eight …

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. Jewelers Block Nuts & Bolts: Jewelers Block is offering coverage including retail, wholesale and manufacturing …

Minn. Judge: Insurer Not Required to Cover Shooter

A federal judge ruled that American Family Insurance is not obligated to cover John Jason McLaughlin in the wrongful death lawsuit filed against him by the parents of the two Rocori, Minn., students he killed in 2003. Attorneys for the …

Fraud Roundup

S.D. agent sent to prison for 20 years for insurance fraud A former Sioux Falls, S.D. insurance agent convicted of embezzling money from two clients in nursing homes has been sent to prison for 20 years. Paul Wentzlaff, 46, pleaded …

Business Moves

Commerce Bancorp Cherry Hill, N.J.-based Commerce Bancorp Inc. completed the sale of its insurance brokerage business, Commerce Insurance Services, to a private group led by two of the brokerage’s key executives. The sale includes the commercial property casualty, employee benefits, …

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. Jewelers Block Nuts & Bolts: Jewelers Block is offering coverage including retail, wholesale and manufacturing …

People

Giant insurance broker Marsh announced changes to its global organizational structure as well as several senior management appointments. Marsh said its global insurance broking business will be consolidated into two geographic divisions: U.S./Canada and International. As part of this combination, …

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 …