North Dakota News

Federal Figures Show Reduction in Joblessness in Oklahoma

Oklahoma was one of only four states to show lower unemployment in December, compared with the month before, with a drop of half a percentage point to 6.6 percent, according to federal figures. That was the biggest improvement in joblessness …

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Home Builders & Artisans Contractor’s GL Market Detail: Northern Star Management offers access to a …

Liberty Mutual Expands Insurance Offerings for Wisconsin Schools

Liberty Mutual Group is expanding its program offerings for Wisconsin schools available through its partnership with the Wisconsin Association of School Boards (WASB) Insurance Plan. Effective immediately, the WASB Insurance Plan will offer insurance coverage through Pewaukee-based Indiana Insurance, a …

Best Affirms Aspen’s ‘A’ Ratings

A.M. Best Co. has affirmed the financial strength ratings of ‘A’ (Excellent) and the issuer credit ratings (ICR) of “a” of Aspen Insurance UK Limited (AIUK), Bermuda-based Aspen Insurance Limited (AIL), and Aspen Specialty Insurance Company (ASIC), which is based …

Former N.D. Regulator Possibly a Candidate to Lead Insurance Lobby

U.S. Rep. Earl Pomeroy of North Dakota is not seeking the presidency of a Washington lobbying group for life insurers, a spokeswoman said, although an industry representative called the North Dakota Democrat a “natural” candidate for the job. The American …

Grinnell Mutual Names Crawford President and CEO

Steve Crawford has been named president and chief executive officer at Grinnell Mutual Reinsurance Company located in Grinnell, Iowa. For the past two years, Crawford has served as the company’s chief operating officer. During Crawford’s 34-year career at Grinnell Mutual …

It Figures

8.1% After reviewing statewide data for insurance claims paid by employers for injured workers in 2009, the Missouri Department of Insurance is recommending an overall 8.1 percent decrease in workers’ compensation loss costs for 2010. The department’s recommended decrease is …

Declarations

No Warren Buffett “The heart and soul of what insurance companies should be is underwriting companies. I mean, I tell people there’s only one Warren Buffett, and I’m not him.” —Fred Eppinger, CEO of Worcester, Mass.-based The Hanover Insurance Group, …

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Stop All ID Fraud Market Detail: USX/S offers agents access to real ID theft protection …

North Dakota Has 3rd Lowest Auto Insurance Rates, Commissioner Says

North Dakota Insurance Commissioner Adam Hamm says drivers in his state are still paying among the lowest auto insurance premiums in the nation, according to the “Auto Insurance Database Report 2006/2007” recently issued by the National Association of Insurance Commissioners. …