Ill. Insurance Director Says 2005 Cat Costs Shared by All Regions
Illinois’ freshman regulator Michael McRaith may be the new kid on the block, but he isn’t shy about sharing his views on national and regional specific issues. In a recent interview with Insurance Journal’s Susan McKenna, he described the fallout …
S.D. State Fatality Rate High
The death rate on South Dakota roads last year improved slightly. At 2.2 fatalities for every 100 million miles driven, the death rate fell 4 percent. But it was significantly higher than the national average of 1.5 percent. Crashes claimed …
Quotations
Catastrophes–Whether the taxpayers live in Chicago, Illinois or Pierre, South Dakota-we are all going to be paying for many years for the rebuilding of the Gulf region and unfortunately given the lack of any comprehensive national approach to this problem, …
People
The Progressive Corp. appointed John A. Barbagallo as the new president of the company’s Drive Group. Barbagallo, who joined the company more than 20 years ago as a claims representative, currently serves as the Drive Atlantic Region general manager. Barbagallo …
New Markets
Outdoor Sporting Program Nuts & Bolts: Markel’s Outdoors is a niche program for guide and outfitting professionals, private sporting clubs and hunting/fishing lodges. Marketed through select retail insurance agents, this program is available on a licensed and admitted basis in …
Illinois freshman regulator McRaith gives insurance view from Midwest
Question: What is the specific impact of the 2005 catastrophes on the Midwest? McRaith: There are three identifiable impacts on Midwestern residents. First, since the cost of reinsurance has gone up so significantly because of these catastrophes that cost is …
New Markets
Outdoor Sporting Program Nuts & Bolts: Markel’s Outdoors is a niche program for guide and outfitting professionals, private sporting clubs and hunting/fishing lodges. Marketed through select retail insurance agents, this program is available on a licensed and admitted basis in …
People and Places
The Progressive Corp. appointed John A. Barbagallo as the new president of the company’s Drive Group. Barbagallo, who joined the company more than 20 years ago as a claims representative, currently serves as the Drive Atlantic Region general manager. Barbagallo …
Illinois freshman regulator McRaith gives insurance view from Midwest
Question: What is the specific impact of the 2005 catastrophes on the Midwest? McRaith: There are three identifiable impacts on Midwestern residents. First, since the cost of reinsurance has gone up so significantly because of these catastrophes that cost is …
