Nebraska News

State Legislatures Face New round: Safeguarding Customer Privacy

State regulators are gearing up for the next round of privacy proposals that will require a company to create a written information security program for the protection of their customers’ personal information. The programs must include administrative, technical and physical …

Compass Bancshares Finalizes Purchase of Ariz.-based Agency

Compass Bancshares, Inc. has completed its acquisition of Schaefer-Smith- Ankeney Insurance Agency, L.C., a Phoenix, Arizona based full-line general insurance brokerage firm. Schaefer-Smith-Ankeney specializes in providing commercial lines property and casualty insurance to clients based in Phoenix and the southwest. …

InsurBanc Expands to 15 Additional States

InsurBanc, the federal savings bank developed by the Independent Insurance Agents & Brokers of America (IIABA) to serve agents and brokers as well as their clients, has won regulatory approval to expand its operations to 15 additional states—three on a …

New Market: Condo/Homeowner Assoc., Property Management Firms, Managers

Safe Harbor Surplus has available programs for condo/homeowner associations, property management firms and property managers. Condo coverages are for D&O, EPLI, fidelity, umbrella and workers’ compensation. Coverages for property management are BOP, D&O, EPLI and fidelity. Coverages for property managers …

Farm Bureau Mutual to Merge with Kan., Neb. Farm Bureau Affiliated P&C Insurers

Farm Bureau Mutual Insurance Company announced that the Farm Bureau property-casualty affiliates in Kansas (Farm Bureau Mutual Insurance Company, Inc.) and Nebraska (Farm Bureau Insurance Company of Nebraska) will merge into Farm Bureau Mutual Insurance Company. The Farm Bureau Mutual …

New Market: Manufactured Home

Spectrum Brokers has available a program for manufactured home retail. Business is brokerage only. Endorsements include broad form. Policy limits are $1,000/$2,000 general liability and property, with deductibles of $1,000. Minimum premiums are $750. The carrier is Hudson Insurance, “A” …

Five States Become Latest to Back AgentSecure’s Web-Enabled Tool for Smaller and Rural Agents

AgentSecure, a division of InsureZone that provides agents with online access to big-brand P/C and life products through a single-entry, multiple-carrier interface (SEMCI), has received exclusive endorsements from five more state-based organizations affiliated with the Independent Insurance Agents & Brokers …

Missouri’s Lakin to Moderate Kansas City Roundtable

The Missouri Department of Insurance announced that its director, Scott B. Lakin, will hosed a public roundtable discussion on key issues facing consumers and regulators in Kansas City on May 23. Five state insurance directors and the National Association of …

Ariz. HB 2192 to Protect Consumers who Depend on Structured Settlements

The Arizona Legislature passed a bill May 16 aimed at protecting consumers who depend on structured settlements, and could become the fourth state this year to enact such a law, according to the Alliance of American Insurers. Mississippi and Utah …

Ohio One of 6 States to Sign Innovative Cooperative Agreement for Market Conduct Exams

Ohio Department of Insurance Director Lee Covington has signed a cooperative agreement that will increase the efficiency and effectiveness of market conduct examinations of insurance companies doing business in Ohio. Market conduct exams determine the extent to which insurers comply …