South Dakota News

2008 Losses Lead to Record Insurance Payments to Midwest Farmers

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

People

Rolling Meadows, Ill.-based C. W. Olson and Co., an affiliate of the full-service insurance brokerage firm Associated Agencies Inc., promoted Matthew Meliker to executive vice president and in-house counsel. Meliker, a resident of Itasca, Ill., has practiced law since May …

Why Bankruptcy Rates Vary By State

State Policies, More Than Differences Among People, Tend to Influence Bankruptcy Rates Twenty-four percent of agents and brokers have had business customers go into bankruptcy in the past two years; another 24 percent have had customers file for personal bankruptcy, …

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. Vacant Property Market Detail: American Management Corp. offers property protection to owners of residential and …

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. …

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 …

S.D. Company Liable for Accident Caused by Drunk Underage Worker

The South Dakota Supreme Court has ruled that if an employer provides an underage employee with unfettered access to alcoholic beverages, that employer is liable for any damage that occurs as a result. The Court made that ruling in Catherine …

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 …

Report: Alexandria, Va., Drivers Most Improved

Drivers in Alexandria, Va., are the most improved, in terms of number of auto collisions, according to Northbrook, Ill.-based Allstate Insurance Co., which has released its fifth annual “Allstate America’s Best Drivers Report.” The report ranks America’s 200 largest cities …

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. …