December 15, 2009
The Kansas Insurance Department reports that Kansas ranks sixth lowest in the nation for average auto insurance expenditures, according to figures released by the National Association of Insurance Commissioners (NAIC). This is the fifth consecutive year the state has been …
December 9, 2009
Drunken driving fatality rates have fallen in 40 states and the District of Columbia, an encouraging sign that crackdowns are improving highway safety. The Transportation Department said that 11,773 people were killed in drunken driving crashes in 2008 for a …
December 8, 2009
Members of the National Association of Insurance Commissioners (NAIC) have elected their 2010 officers at their Winter National Meeting in San Francisco. The new officers are: President: West Virginia Insurance Commissioner Jane Cline; President-Elect: Iowa Insurance Commissioner Susan Voss; Vice …
December 6, 2009
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. Campgrounds, Dude Ranches & Other Outdoors Risks Market Detail: Hull & Company Inc. has availability …
November 16, 2009
The South Dakota Agriculture Department says wet conditions have delayed what looks like a near-record harvest for many South Dakota farmers and raised concerns about a Dec. 10 harvest deadline for crop insurance. In a release, the department says farmers …
November 15, 2009
After Decades of Discussion, States Adopt 3-Tired Plan Though it may seem like the debate over the creation of a national catastrophe insurance plan is a relatively recent phenomenon, the National Association of Insurance Commissioners actually began addressing the issue …
November 15, 2009
White Paper Approved at Fall Meeting with Near-Unanimous Vote The private insurance industry alone ‘cannot be expected to provide comprehensive catastrophe coverage without adequate financial backstops for the most extreme events.’ Although it may seem like the debate over the …
November 15, 2009
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. Commercial Construction Liability Market Detail: Insurance Specialty Group presents PrimeSTARR, an ISO-based commercial construction general …
November 2, 2009
A national trade organization estimates the number of lost construction jobs in South Dakota at 1,400 during a year in which a weak economy and tight credit slowed developers and builders. The 6 percent drop in South Dakota jobs, from …
November 1, 2009
Private Equity, in Hindsight “It’s turned out that private equity went into the insurance world as it was going down. They seem like they went in at a high number and they’re selling at a low number. So I don’t …