Nebraska News

Editor’s Note: Weather’s Cooler, News is Not

Summer may be winding down here in the Midwestern states – in Chicago, temperatures are finally back in the 70s, we’ve gotten a smattering of rain, and school is back in session (thank God!) – but insurance news shows no …

News Briefs

NAMIC ENCOURAGES RATE MODERNIZATION IN HAWAII: The National Association of Mutual Insurance Companies has told a Hawaii legislative committee that passing rate modernization laws would benefit state commerce and insurance consumers. According to NAMIC State Affairs Manager Christian John Rataj, …

Weather’s Cooler, News is Not

Summer may be winding down here in the Midwestern states — in Chicago, temperatures are finally back in the 70s, we’ve gotten a smattering of rain, and school is back in session (thank God!) — but insurance news shows no …

Illinois Agent Sells Bogus Circus Coverage

Insurance regulators in Kentucky and Nebraska are investigating an Illinois-based insurance company for allegedly defrauding amusement industry operators in Kentucky and Nebraska. Richard A. Brooks & Associates Ltd., an insurance company operated by River Forest, Ill., resident Richard Brooks, allegedly …

NAMIC ENCOURAGES RATE MODERNIZATION IN HAWAII:

The National Association of Mutual Insurance Companies has told a Hawaii legislative committee that passing rate modernization laws would benefit state commerce and insurance consumers. According to NAMIC State Affairs Manager Christian John Rataj, rate modernization would: Promote greater market …

Regulators Say Industry Prepared for Katrina’s Cost

The National Association of Insurance Commissioners (NAIC) says that while the damages from Hurricane Katrina may set record losses, the property and casualty industry maintains the adequate capital and liquidity required to withstand claims arising from one of the most …

Diederich Acquires Doctors’ Financial

Diederich Insurance Agency of Carbondale, Ill. today announced the holdings acquisition of Doctors’ Financial Group, Inc. of Denver, Colo. Terms of the transaction were not disclosed. Doctors’ Financial Group, Inc. offers medical professional liability services for their physician and surgery …

Minn. Commerce Dept. Provides Info for Military Families

As a service to the state’s military personnel, the Minnesota Department of Commerce Web site will provide insurance and financial information especially for National Guard and Reservists preparing for deployment to Iraq. Minnesota and federal law have certain provisions for …

Burns & Wilcox Adds New Mexico office

Burns & Wilcox, the nation’s largest independently-owned specialty insurance wholesaler, underwriter and managing general agency, has opened a new service center in Albuquerque, N.M. Announced by Burns & Wilcox Chairman, President and CEO Alan Jay Kaufman, the expansion represents Burns …

Ill. Insurer Allegedly Defrauded Carnival Operators

Insurance regulators in Kentucky and Nebraska are investigating an Illinois-based insurance company for allegedly defrauding amusement industry operators in Kentucky and Nebraska. Richard A. Brooks & Associates Ltd., an insurance company operated by River Forest, Ill. resident Richard Brooks, allegedly …