Wisconsin News

Louisiana, Mississippi Among Highest Homeowner Rates in 2006

Louisiana homeowners paid the third-highest home insurance rates in 2006, while Mississippi was hit with the sixth-highest average bill for coverage, according to a report by a national group of state insurance regulators. Although the report is the first since …

Wisconsin Insurer Found Not Liable for $1.5M in Group Home Death

A Wisconsin insurance company doesn’t have to pay $1.5 million to the estate of a developmentally disabled man who died after being left in a bathtub at a county group home. The District 4 Court of Appeals says Wisconsin County …

Wisconsin Bill Would Allow Fraud Suits Over Home Sales

Duped home buyers could sue the sellers for fraud under a bill approved by the Wisconsin Senate. The bill would reverse a Wisconsin Supreme Court decision last year that barred civil fraud lawsuits stemming from residential home sales. Dissenting Justice …

OSHA Cites Wisconsin Excavation Firm for Cave-In Hazards

A northern Wisconsin excavating company purposely risked workers to potential trench cave-ins and was cited for safety violations that carry nearly $700,000 in fines, the U.S. Occupational Safety and Health Administration said. A-1 Excavating Inc. of Bloomer received 11 citations …

Invensure Insurance Brokers Adds Three to Staff

Invensure Insurance Brokers of Irvine, Calif., has added Trent T. Julian, David M. Peters and David R. Bloodgood to its professional staff. Julian joins as vice president of its Dealer Protection Division. His responsibilities include marketing and servicing all types …

Business Moves

EPIC, VRT Insurance Services EPIC (Edgewood Partners Insurance Center) acquired all the assets of VRT Insurance Services Inc. VRT Insurance Services Inc. is owned by David Alvarado, its key producers and Belvedere Capital, a private equity firm based in San …

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. Fire Protection Contractors Market Detail: McNeil & Co. brings agents the FireWatch Program. This is …

Swimming Downstream: How a Regional Insurer Buy Others Through Demutualization

Donegal Group’s Strategy Has Helped It Grow From Writing in 1 State to 19 in 20 Years Even in a good economy, mutual insurers face challenges trying to raise the capital they need to grow since they don’t have any …

Florida, Georgia Among States Showing Declines in Auto Deaths

Automobile fatalities declined in 40 states in 2008, a sign that traffic deaths could dip to their lowest levels in four decades. The Governors Highway Safety Association said that vehicle deaths dropped in 40 states and the District of Columbia …

Areas with Flood Policy Sales Potential

The GAO compared the number of NFIP policies in a given area as of September 2006, with the total number of county flood declarations from January 1980 to June 2008, cumulative flood claims payments from January 1978 to April 2008, …