August 2, 2010
InsWeb, an online insurance comparison provider, recently released its 2010 Car Insurance Affordability Index — a list of the most and least affordable states in which to insure a vehicle. To develop the list, InsWeb ranked all 50 states and …
July 28, 2010
A rare tornado tore through a farmhouse and killed two people inside, leaving nothing but the house’s foundation and a few twisted vehicles as it swept through Montana’s remote and sparsely populated northeastern corner. A teenage boy and a man …
July 28, 2010
David Froscheiser has joined the Kansas City, Mo., office of privately held insurance broker Lockton as an executive benefits producer with Lockton Financial Advisors LLC. Froscheiser will provide expertise to Lockton’s corporate clients and their executive groups with advice on …
July 15, 2010
Specialty insurer Markel Corp., has struck a deal worth at least $135 million to acquire Aspen Holdings, which sells workers’ compensation under the name FirstComp to small businesses in 31 states. Aspen, which is headquartered in Omaha, Nebraska, operates primarily …
July 15, 2010
Warren Buffett’s Berkshire Hathaway Inc. will take over asbestos and environmental pollution risks now held by CNA Financial Corp. in exchange for a $2 billion fee. CNA, which is the nation’s seventh-largest commercial insurer and 90 percent-owned by conglomerate Loews …
July 5, 2010
Arthur J. Gallagher, Joseph James & Associates Illinois-based insurance brokerage and risk management services firm, Arthur J. Gallagher & Co., has acquired Joseph James & Associates of Dublin, Ohio. Terms of the transaction were not disclosed. Established in 1989, Joseph …
July 1, 2010
The U.S. Department of Health and Human Services (HHS) announced today the launch of a Pre-existing Condition Insurance Plan (PCIP) that will offer coverage to uninsured Americans who have been unable to obtain health coverage because of a pre-existing health …
June 22, 2010
Kansas businesses gained 11,300 jobs in May, a 0.8 percent increase, building on gains made in April. Nebraska also saw job gains in May 2010 and a decrease of 0.1 percent in its unemployment rate, bringing the rate to 4.9 …
June 17, 2010
Progressive Insurance has reported 5 percent increases in both net premiums written and earned in May 2010 compared with May 2009, but net income dropped by 19 percent in May 2010 compared with the same month in the previous year. …