March 9, 2009
President Barack Obama recently received the following letter from the Independent Insurance Agents & Brokers of America congratulating him on becoming the 44th President of the United States of America, and encouraging him to preserve the successful state system of …
March 9, 2009
The Wyoming House of Representatives has defeated a bill that would have increased the financial minimum limits on personal automobile liability coverage. If it had passed, HB 160, the Motor Vehicle Financial Responsibility Bill, would have raised the minimum limits …
March 9, 2009
Market Auto Discounts Differently It’s pretty safe to say that money isn’t everything. Your health, happiness and, of course, golf are all more important. A lot more important, right? Well, maybe not if you glance at the pile of auto …
February 22, 2009
The Oregon Legislature is considering a bill that would prohibit an insurer that issues personal insurance policies in the state to cancel or non-renew a policy after evaluating the individual’s credit history or insurance score according to his or her …
February 22, 2009
Reinsurers’ tough talk about raising prices on the risk cover they sell to insurers may have rung hollow before, but this time the promise is credible. Reinsurance companies such as global leader Munich Re have been flexing their muscles, predicting …
February 22, 2009
Donegal Group’s Strategy Has Helped It Grow From Writing in 1 State to 19 in 20 Years Even in a good economy, mutual insurers face challenges trying to raise the capital they need to grow since they don’t have any …
February 22, 2009
Vermont lawmakers will consider a bill that would extend workers’ compensation to cover mental and emotional problems suffered on the job. But the proposal is getting a cool reception from the insurance industry. State Rep. Paul Poirier, who helped create …
February 22, 2009
The accidental deaths of two teenage boys at an excavation site in 1997 were separate occurrences under the liability insurance policy of the property owner, the Illinois Supreme Court has ruled in reinstating a $2 million judgment against the insurer. …
February 22, 2009
Gov. Jay Nixon has picked a Swiss Re insurance claims executive to lead the Missouri insurance department. John Huff, a Missouri native, has worked since July 2008 at the Zurich headquarters of Swiss Re, one of the world’s larger reinsurance …
February 22, 2009
Drunken System “It is surprising to the authors that these tragedies do not occur more frequently than they do in Kansas. As we studied this issue, we found many things that need attention, and many parts of the system about …