August 11, 2008
Federal authorities last month assured consumers that a meat plant linked to nearly 50 illnesses caused by tainted ground beef had made enough changes after a recall to ensure that its products were safe. Less than a month later, the …
August 1, 2008
A.M. Best Co. and Standard & Poor’s Ratings Services have both reacted positively to The Hanover Insurance Group’s (THG) announcement that has reached agreement to sell its remaining run-off life insurance business. Best said it sees no change in any …
July 29, 2008
The Nebraska Department of Insurance issued a notice to insurance agents that it has adopted uniform producer licensing measures for reciprocity reasons. The department’s announcement stated that producer lines of authority issued in prior years that are no longer consistent …
July 21, 2008
While a rural area to the northeast of Denver, Colo., tops the nation when it comes to metropolitan areas most prone to tornadoes, Texas leads the states in the average total number of tornadoes per year in the continental United …
July 21, 2008
Much has been written in the last six weeks about the 2008 Midwest Flood. Many are saying the devastation will rival the Great Flood of 1993, and that the crop damage will affect the food supply of this country. While …
July 21, 2008
$100,000 Many property owners suffered large losses in the June 2008 flooding event in southern Wisconsin. But few lost a fleet. James Pritzlaff’s collection of classic cars is still under about four feet of water that overflowed from Lower Genesee …
July 17, 2008
A federal appeals court has dismissed the remaining portions of a lawsuit filed by a Nebraska crop insurance company against the Federal Crop Insurance Corp. American Growers Insurance Co. filed a lawsuit against FCIC in November 2001 in U.S District …
July 15, 2008
New Hampshire officials announced changes in licensing fees for insurance producers and adjusters that include a single $210 application and license fee for initial producer licensing replacing what used to be two separate fees. The producer licensing renewal fee remains …
July 15, 2008
The number of cases involved in the E. coli outbreak that prompted Nebraska Beef Ltd.’s recall of 5.3 million pounds of beef could grow. So far 41 illnesses in Michigan and Ohio have been linked to Nebraska Beef’s products. The …
July 14, 2008
A.M. Best Co. has affirmed the financial strength rating of A (Excellent) and issuer credit rating of “a+” of Lloyd’s of London and Lloyd’s Reinsurance Co. (China) Limited. A.M. Best said it believes that underwriting discipline at Lloyd’s is likely …