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. Oil and Gas Well Drilling Contractors
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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, …
Minn. Counties Test Blow-in-Tube Devises for Drunken Driver Offenders
Repeat drunken drivers in two Minnesota counties can get back behind the wheel sooner if they pay to have blow-in-the-tube devices installed in their vehicles. So far, results in the two pilot programs are mixed. County officials say there’s no …
Ratings Roundup: Tailwind/Northwind – Unum Group, GMAC
A.M. Best Co. has revised the rating outlook to negative from stable for the debt rating of “aaa” on $130 million of Series A floating rate senior secured notes, due 2036 (notes) issued by Tailwind Holdings, LLC, a Delaware limited …
N.J. Red Light Camera Bill Awaits Gov. Corzine’s Signature
New Jersey drivers may soon be posing for unwanted portraits. The Legislature this week voted to allow municipalities to install cameras to catch drivers disobeying traffic signals. The bill needs Gov. Jon S. Corzine’s signature to become law. The Assembly …
Western National Completes Merger with Farmers Home Mutual
Western National Mutual Insurance Co. recently announced that it has completed its merger with Farmers Home Mutual Insurance Company, effective December 31, 2007. The completed merger follows final approval by each company’s Board of Directors and policyholders, and final regulatory …
Arsonist Ordered to Cover Minn. City’s $100,000 Insurance Deductible
A judge has ordered a Duluth man to pay the city’s $100,000 insurance deductible for setting a fire that caused $384,058 in damage to a community center in the city.. Tylor Ray Olson, 20, pleaded guilty in October to third-degree …
More than 500 Die on Minnesota Roads in 2007
Preliminary figures show 503 people died in Minnesota traffic crashes in 2007, which the Minnesota Department of Public Safety said is the first increase in the state’s traffic death toll since 2002. There were 494 deaths on Minnesota roads in …
Minnesota RJF Agency’s Jeatran Becomes Assurex Global Chairman
Assurex Global, a worldwide network of independent insurance brokers representing $23 billion in premium volume, has named its newest and 52nd chairman of the board. Bill Jeatran, chief executive officer of RJF Agencies, Minneapolis, Minnesota, succeeds Paul J. Hering, who …
CarInsurance.com Adds Insurance Carriers for 2008
CarInsurance.com, which sells auto insurance over the Internet, has added more carriers to its current 28 state agency product offering. In November and December 2007, the firm expanded and now offers Encompass Insurance – Allstate and Progressive Drive in Arizona; …
