Utah News

Now Offering Contractor GL Insurance in Arkansas, Kentucky, Oregon, Idaho, Montana, New Jersey & South Carolina

National Contractors Insurance Company, Inc., a Risk Retention Group (“NCIC”) specializes in general liability insurance for licensed residential and commercial general and artisan contractors. NCIC writes the difficult Classes: Roofers, Foundations, Excavators, Fire Sprinklers, Paper GC’s, Custom Home Builders & …

Main Street America Reports $44 Million Underwriting Profit in 2008

Florida-based Main Street America Group reported it achieved a $43.6 million underwriting profit in 2008, the largest in its 85-year history and 38 percent higher than its 2007 underwriting profit of $31.7 million. The super regional property/casualty carrier’s corporate combined …

Ratings Roundup: Great Western, Connecticut Life & Casualty Insurance

A.M. Best Co. has removed the ratings from under review with negative implications and affirmed the financial strength rating of B+ (Good) and issuer credit rating of “bbb-” of Utah-based Great Western Insurance Company, but has assigned them a negative …

Utah Opens Bars to Public, Increases Liability Coverage Requirements

Getting into a bar in Utah is about to become a lot easier. Legislative leaders and Gov. Jon Huntsman agreed to eliminate the state’s much-criticized private club system. Utah is the only state in the country that requires someone to …

Stimulus Bill Will Have Minimal Insurance Industry Impact

Workers’ Comp and Commercial Lines to See Some Benefits The $787 billion stimulus package passed by Congress last month looms as the largest mountain on the country’s newly changed economic landscape. But despite hope that it will jumpstart spending, most …

Shrinking Budgets Stem Fraud Fighting Efforts

Fewer Fraud Bills To Be Debated in West With the downtrodden economy rumbling through the West, momentous and game-changing fraud bills will be in short supply this year. Lawmakers’ time and patience will be soaked up by efforts to shore-up …

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 Commercial Property Market Detail: Western Networked Insurance Services has an exclusive program for vacant …

Utah House Committee Votes to Redefine Intoxicated

Utah bars and restaurants could soon get in trouble for serving someone who isn’t legally intoxicated, but shows signs of being drunk. A Utah House committee unanimously approved a bill that’s intended to make it easier for the Department of …

Supreme Court Weighs When Elected Judges Should Step Aside

Concerned about dwindling confidence in the impartiality of judges, the Supreme Court leaned this toward forcing elected judges to step aside from cases that would raise an appearance of bias if they took part. “Our whole system is designed to …

CSE Insurance Honors Three with Lifetime Achievement Awards

CSE Insurance Group, a provider of insurance for civil service employees, has honored three of its longest-tenured agents with lifetime achievement awards. Loyd Adams of Vanderlip and Adams Insurance Services in Folsom, Calif., Harry Crusberg Sr. of Crusberg Decker Insurance …