South Dakota News

New Markets

Workers’ Compensation – Middle Market Nuts & Bolts: Workers’ compensation for middle market and loss-sensitive plans, with broad risk appetite, is being offered by PointSure Insurance Services. Premiums are in excess of $130,000 with guaranteed cost and loss-sensitive plans. Experience …

Optional federal charter is needed

Editor’s note: The following excerpt is edited from an oral statement made by Joseph J. Beneducci, president of Fireman’s Fund at the Senate Banking, Housing and Urban Affairs Committee’s July 11 hearing on Insurance Regulation Reform. Beneducci spoke as a …

Optional federal charter is needed

Editor’s note: The following excerpt is edited from an oral statement made by Joseph J. Beneducci, president of Fireman’s Fund at the Senate Banking, Housing and Urban Affairs Committee’s July 11 hearing on Insurance Regulation Reform. Beneducci spoke as a …

New Markets

Homeowners in Arizona Nuts & Bolts: Abram Interstate Insurance Services Inc. in Rocklin, Calif. is offering homeowners coverage in Arizona. The program includes high risk properties, seasonal homes, brush areas, protection classes 1-10, older homes and homes with losses. High …

Western states face mold danger despite dry climate

Contrary to popular belief, climate is not a good gauge for mold risk, according to a ranking of states at risk for mold contamination on commercial and residential property. Areas with dry climates such as Nevada and Arizona made American …

Big ‘I’ exec tells agents federal charter is a ‘recipe for disaster’

If a mandatory or even an optional Federal Charter is implemented in Washington, D.C., it will be a “recipe for disaster,” says Charles E. Symington Jr., Independent Insurance Agents and Brokers of America’s senior vice president of Government Affairs and …

New Markets

Social Service Program Nuts & Bolts: London American Risk Specialists, Inc. is offering a Social Service Program written by an “A” rated carrier that includes general liability, professional liability, (including sexual abuse/molestation) property, non-owned auto, domestic social services with foreign …

Soaring California Temperatures Prompt Record Power Use

Triple digit temperatures smashed records across California over the weekend, straining thermometers and air conditioners and prompting dozens of scattered electricity outages that left residents sizzling. A major Northern California power plant tripped off line as temperatures climbed, reducing electricity …

People and Places

Suburban Chicago-based Property Casualty Insurers Association of America appointed Genio Staranczak as its chief economist. Dr. Staranczak will be responsible for economic analysis on the full range of public policy issues facing the industry. He will incorporate analyses of the …

New Markets

Professional Liability ProgramTITLE: Nuts & Bolts: London American Profess- ional Liability program designed for a diverse set of professions, including many types of consultants, insurance services, media and real estate classes. Coverage is offered on both a primary and excess …