March 1, 2010
Warren Buffett is considered expert in many things in the financial world. Credit cards apparently are not among them. The world’s second-richest person often admits when he gets things wrong. He did so on Saturday in his annual letter to …
March 1, 2010
Warren Buffett’s Berkshire Hathaway Inc. said fourth-quarter profit surged, helped by derivatives bets tied to global stock markets, though operating profit fell 40 percent as the weakened economy weighed on several businesses. Profit rose for a third quarter, as Berkshire …
February 26, 2010
High percentages of minorities, foreign-born residents and college-aged people in Nebraska lack health insurance, according to new report. The Center for Public Affairs Research at the University of Nebraska at Omaha compiled the report based on U.S. Census data. It …
February 22, 2010
President Barack Obama tried to rejuvenate his stalled U.S. health care overhaul Monday with a revised plan to make insurance coverage more affordable and bolster federal authority to regulate premium hikes. The proposal comes three days ahead of a bipartisan …
February 21, 2010
The Nebraska Supreme Court on Feb. 5 upheld a decision ordering two insurance companies to pay about $550,000 of the cost of cleaning up industrial contamination in Hastings. The ruling sets the standard in Nebraska for determining how much insurance …
February 21, 2010
Brick Street West Virginia-based BrickStreet Mutual Insurance has been approved to write workers’ compensation insurance in Illinois. The move continues an expansion drive for the company, which was approved to write workers’ compensation coverage in Kentucky last year. BrickStreet said …
February 18, 2010
Lansing, Mich.-based Accident Fund Insurance Company of America has named UNICO Group of Lincoln, Neb., as its 2009 Agency of the Year. Al Gileczek, vice president of Regional Operations for Accident Fund, said “UNICO Group has been an outstanding partner …
February 16, 2010
Two insurance agents in Nebraska have been handed sentences for unlawful conduct, the Nebraska Department of Insurance reported. A previously licensed insurance agent, Bobby L. Hoeft, sentenced by District Court Judge Vicky Johnson in Fillmore County District Court to a …
February 11, 2010
During a recent legislative hearing in Nebraska, emergency workers from across the state recalled traumatizing accident scenes when asking for a new level of workers’ compensation coverage. The emergency personnel were testifying in support of a bill filed in January, …
February 10, 2010
National Contractors Insurance Company, Inc., a Risk Retention Group (“NCIC”), A.M. Best Rated B+ (Good), is expanding from 25 to 35 states, with their Commercial General Liability coverage now being made available in Alabama, Connecticut, Indiana, Iowa, Kansas, Ohio, Mississippi, …