April 19, 2004
Pennsylvania-based Donegal Group Inc. reported net income for the quarter ended March 31, 2004 of $11,732,306, or $.87 per share on a diluted basis, which includes an extraordinary gain of $5,445,670, or $.40 per share on a diluted basis, related …
April 9, 2004
Changes in federal crop insurance regulations will prevent farmers in the region from collecting two full losses for crops planted on the same ground in a single crop year, a federal agriculture official said. The changes put in place for …
April 8, 2004
The Council of Insurance Agents & Brokers (CIAB) reported it will dismiss its federal lawsuit challenging West Virginia’s counter-signature requirements for out-of-state insurance brokers because the state has moved to overturn that statute. Ken Crerar, president of The Council, praised …
April 5, 2004
The discovery in December 2003 of the first known case of bovine spongiform encephalopathy (BSE)—commonly known as mad cow disease—in the United States was a downer, both literally and figuratively. A United States Department of Agriculture veterinarian maintains the animal—discovered …
April 5, 2004
As expected, South Dakota Gov. Michael Rounds, a Republican, has signed a bill that converts personal lines rate filings from prior approval to file-and-use. South Dakota is the first state to do so this year. The bill also exempts large …
April 5, 2004
New mold, even if it “ensues” from an old leak, may be covered. Whether mold is ever covered under a homeowners policy—outside of the promulgated mold endorsements—is still a hotly debated issue. Although the mold crisis in Texas may have …
April 5, 2004
The discovery in December 2003 of the first known case of bovine spongiform encephalopathy (BSE)—commonly known as mad cow disease—in the United States was a downer, both literally and figuratively. A United States Department of Agriculture veterinarian maintains the animal—discovered …
April 1, 2004
Jack Cassell “was pretty happy just being a producer,” and he had been since entering the insurance business in 1979. But he saw an opportunity when the agency he was working for, Wichita, Kan.-based Manning & Smith Insurance was acquired …
March 30, 2004
A host of personal lines issues — ranging from credit scoring to a commissioner-requested data call to state fines on drivers with no proof of auto insurance — headlined the Michigan Association of Insurance Agents (MAIA) convention last February and …
March 30, 2004
A combination of heat, pressure and explosives was used last February to blow to smithereens the baseball involved in a play that some Cubs fans say cost their beloved team a trip to its first World Series in 58 years. …