North Dakota News

2008 Losses Lead to Record Insurance Payments to Midwest Farmers

The National Crop Insurance Services trade group says a record $8.6 billion in crop insurance indemnity payments has been made to U.S. farmers for crop losses in 2008, and a lot of that money went to farmers in the Midwest. …

Insurance, Federal Payouts Create Medicaid Problem in Louisiana

Louisiana Gov. Bobby Jindal says post-storm damage payments from insurance settlements and Louisiana’s Road Home program following Hurricanes Katrina and Rita are contributing to a $1 billion Medicaid shortfall for his state. Jindall’s office says he is trying to work …

Louisiana Unemployment Rate Rises; Jobs Increase in Some Sectors

Louisiana was among the 38 states that recorded higher unemployment rates in June, but the state has experienced job growth during the past year in certain industry sectors. The Louisiana rate of 6.8 percent remains significantly lower than the national …

People

Illinois Governor Pat Quinn named Michael McRaith director of the newly created Department of Insurance (DOI), which separated from the Illinois Department of Financial and Professional Regulation (IDFPR) on June 1, 2009. Quinn also asked Brent Adams to serve as …

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. Nursing Homes/Assisted Living Facilities Market Detail: U.S. Risk Brokers Inc.‘s Houston office offers an exclusive …

Midwest Medical Insurance Promotes Trygg to Assistant VP

Minneapolis, Min.-based medical professional liability insurance company, Midwest Medical Insurance Company (MMIC), has promoted Lori Trygg to assistant vice president of Law and Health Policy. She will continue to serve as associate general counsel and compliance office for the company. …

Iowa’s Grinnell Mutual Awards $50K in Scholarships

Grinnell Mutual Reinsurance Company, through its independent agency force, has recently awarded 50 Road to Success scholarships to high school seniors throughout its 10-state writing area including Iowa, Illinois, Indiana, Wisconsin, Ohio, Minnesota, Missouri, North Dakota, Nebraska and South Dakota. …

2009 Outstanding CSR State Award Winners Named

The National Alliance for Insurance Education & Research has named the state award winners who will compete for the national Outstanding Customer Service Representative of the Year for 2009. Each year, a group of exceptional insurance professionals are chosen by …

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 …

North Dakota Employers’ Workers’ Comp Bills Likely to Rise

Eight months after North Dakota voters gave Gov. John Hoeven the final word on state workers’ compensation rates, employers’ insurance bills are likely to rise due to the recent bleak market for investments. Hoeven adopted an advisory board’s recommendation that …