Nebraska News

Farmers Insurance Offers Green Homeowners Product in Texas

Los Angeles-based The Farmers Insurance Group of Companies is offering a new eco-friendly product for its Texas customers wishing to ‘go green”. Called “Eco-Rebuild”, the new endorsement will supplement the comapany’s homeowners insurance by allowing customers to replace destroyed property …

People

Columbus, Ohio-based State Automobile Mutual Insurance Company and State Auto Property & Casualty Insurance Company has named new managers in various divisions. Robert (Bob) A. Bachtell is claims manager for State Auto’s Ohio region. Bachtell joined Midwest Security Insurance Company …

Economist: Midwest Economy Improves

A survey of business leaders in nine Midwestern and Plains states suggests that the region’s economy continues to show signs of improvement, but job losses persist. The Mid-America Business Conditions index released July 1 rose to its highest level since …

TJX Reaches Settlement with States on Data Theft

The parent company of retailers T.J. Maxx and Marshall’s will pay $9.75 million in a settlement with multiple states related to a massive data theft that exposed tens of millions of payment card numbers. Framingham, Mass.-based TJX Cos. said Tuesday …

Eight States Challenge Product Liability Issues in GM Bankruptcy

A provision that would release future owners of General Motors for product liability on cars sold prior to the company’s bankruptcy is being challenged by the attorneys general of eight states. GM’s bankruptcy filing, now working its way through a …

Storms Pummel Midwest with Hail, Heavy Rain, Strong Winds

With only a few days left before the official beginning of summer, strong spring storms have been pummeling the Midwest this week with tornadoes, strong winds, rain and hail, and leaving behind widespread damage. Golf-ball sized hail dropped in west …

Prank Calls Set Off Hotel Fire Alarms in 4 States

The calls have all been similar pranks: A frantic man urges hotel desk workers or guests to set off a fire sprinkler, sound an alarm or bust windows. It’s always the same: Do it now! And, authorities said, they did. …

Ratings: 1st Choice Auto, Commerce, Dorinco, Battle Creek, Met Life Auto & Home, Toyota

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘B++’ (Good) and upgraded the issuer credit rating (ICR) to “bbb+” from “bbb” of 1st Choice Auto Insurance Company, Inc., and has revised its outlook on the ratings to …

Nebraska Officials Propose Grain-Insurance Fund; Growers Skeptical

Nebraska officials are moving forward with a plan to establish a multimillion-dollar insurance fund to protect farmers when grain warehouses go broke, following the financial collapse of an elevator last year. But major agricultural groups in the state have expressed …

NE Oklahoma Chapter of CPCU Society Installs New Officers

The Northeastern Oklahoma chapter of the CPCU Society has installed new officers for 2009-2010. The new officers are President Ron Comeau, President-Elect Amy Bradley-Waters, Vice President J.D. Hatter and Secretary-Treasurer Glenn Aldridge. The chapter also recognized the winners of their …