Utah News

Utah Considers Changes to Motor Vehicle Insurance Coverage, Liability

Utah state Sen. Stephen Urquhart is hoping to change the law on motor vehicle coverage by proposing three bills that would affect uninsured and underinsured motorist coverage, liability and arbitration for accident claims. Senate Bill 70, would modify the current …

Utah Lawmakers Focus on Seismic Safety of Schools

Utah schools would be sized up to see how they would fare in the event of a major earthquake under a bill passed by the state House. The House, on a 50-18 vote, sent House Bill 72 to the Senate …

Arizona Bill Banning Texting While Driving Dies in Senate

The Arizona Senate in an 11-11 vote failed to pass a bill that would have banned texting on a cell phone while driving. If it had passed, SB 1334 would have imposed fines of $50 for from operating a motor …

Insurance Network of America Adds Yeakel to Professional Services Unit

Insurance Network of America, a national insurance broker headquartered in Austin, Texas, announced it continues to strengthen its law firm insurance and risk mitigation presence with the addition of Anne R. Yeakel to its Professional Services Practice. Yeakel will head …

Idaho Home Insurance Costs Lowest in Nation

Idaho homeowner insurance is the least costly in the nation, averaging $422 per year, according to a nationwide survey. This compares to an average $822 countrywide. The Gem State also had among the lowest average rates for renters insurance, at …

Private Crop Insurers Oppose Funding Cuts

The private crop insurance industry is blasting a proposed restructuring in the crop insurance program it says would cut $4 billion — or $800 million a year — over the next five years. The proposal by the U.S. Department of …

M&A Activity at Decade Lows

Leading into 2009, agencies were at a crossroads; uncertain of whether to sell, buy, or implement new or improved organic growth strategies. The path was uncertain, but it was widely believed that market, economic and political dynamics would impact and …

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. Livestock Mortality Insurance Market Detail: Chopra Insurance Brokerage Inc. offers an “all risks of mortality” …

Utah Association of Independent Insurance Agents Awards Breitweiser

J. Curtis Breitweiser, owner of Ogden, Utah-based Breitweiser Insurance Services Inc., has received the 2009 Agent of the Year award from the Utah Association of Independent Insurance Agents. He has been a past president of the UAIIA and currently serves …

A.M. Best B+ (Good) Rated Contractor GL Insurance Carrier Expanding to 35 States

National Contractors Insurance Company, Inc., a Risk Retention Group (“NCIC”), A.M. Best Rated B+ (Good), is expanding from 25 to 35 states, with their Commercial General Liability coverage now being made available in Alabama, Connecticut, Indiana, Iowa, Kansas, Ohio, Mississippi, …