Utah News

Main Street America Records Profitable and Busy 2009

The Main Street America Group reported its 2009 financial results that included a 1.3 percent increase in net premium to $815 million, an 18.2 percent return on equity, and a 97.4 combined ratio for the year ended Dec. 31, 2009. …

Bills to Raise Virginia Speed Limits Pass

Virginia lawmakers have passed bills that would boost the top speed limit in the state from 65 mph to 70. In the Senate, the bill passed on a 29-10 vote. Democratic Senator Creigh (Cree) Deeds of Bath County said the …

Utah House Votes Down Inmate Insurance Bill

The Utah House has defeated a bill that would ban insurance companies from excluding coverage for certain prisoners. Lawmakers voted 44-30 against House Bill 22. The measure would have applied to inmates already eligible for coverage in correctional facilities, county …

Main Street America Launches New Business Owners Policy

The Main Street America Group launched its new Main Line Business Owners Policy (BOP) property and liability product. The insurer also launched Main Street Station for commercial lines quoting and policy issuance system in Maine, Rhode Island, Vermont and South …

Prime Insurance Syndicate, Inc. Jury Verdict Rules in Favor of Insurer in Hurricane Katrina Claim

Reassured by jury’s unbiased decision Chicago, Illinois and Salt Lake City, Utah (January 27, 2010). Prime Insurance Syndicate, Inc. was successfully defended in a Hurricane Katrina lawsuit in the United States District Court for the Southern District of Mississippi. This …

Oklahoma Governor Bans State Workers from Texting While Driving

Oklahoma Gov. Brad Henry signed an executive order banning state employees from texting while driving on state business. State Sen. Debbe Leftwich applauds the move but wants to take it a little further by prohibiting teens from texting while behind …

People

Todd Richardson has been promoted to regional vice president – State Auto Middle Markets Insurance (SAMMI) for the company’s Western region, which includes Utah, Colorado, Arizona, Oklahoma and Texas. Richardson will manage the SAMMI underwriting teams based in Austin, Texas, …

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. Home Builders & Artisans Contractor’s GL Market Detail: Northern Star Management offers access to a …

Lawsuit Claims Arkansas DMV Database Used for Marketing

A federal lawsuit filed in the Texarkana Division of the Western District of Arkansas claims the Arkansas Department of Motor Vehicle database has been illegally used for marketing and it could affect anyone who has had an Arkansas driver’s license …

The Hanover Insurance: Focused on Niches, Says More Acquisitions Likely

The Hanover Insurance Group Inc.’s CEO Frederick H. Eppinger expects the western United States to be a key growth driver for the super-regional insurer in the next several years. Having just entered into a renewal rights agreement with OneBeacon Insurance …