A proposal in Wisconsin Gov Jim Doyle’s budget would increase mandatory auto insurance limits and drive up costs for many drivers as much as 40 percent, according to the insurance industry. The governor would raise the current liability limits of …
Richard G. “Dick” Clarke, senior vice president of J. Smith Lanier & Co. in West Point, Ga., has been elected 2009 president of RiskProNet International, a network of 25 independent insurance brokers in North America. Clarke is a veteran of …
Wisconsin this year has adoped new rules that define auditor qualifications and auditor independence. The Wisconsin Office of the Commissioner of Insurance (OCI) adopted the new audit rules based on a model regulation adopted by the National Association of Insurance …
Wisconsin Insurance Commissioner Sean Dilweg announced improvements to the state’s complaint and agent licensing processes intended to simplify access to agency services for consumers and insurance professionals. Dilweg unveiled a new online complaint filing system. Effective Feb. 9, 2009, consumers …
The parents of an Iowa teenager killed 10 years ago in a van crash in southern Wisconsin have filed a lawsuit seeking damages for their son’s death. Albert and Deanna Roberts of DeWitt, Iowa, filed the lawsuit against Iowa Mutual …
Liberty Mutual Group is throwing in the towel on direct distribution of insurance to middle market businesses. Since it couldn’t beat independent agents and brokers – who dominate sales in this segment – Liberty Mutual has decided to join them. …
The Wisconsin Supreme Court has ruled in favor of an insurance company that argued that the underinsured motorists endorsement to a farmer’s business auto policy applies to an injured family member only if he was in a covered vehicle. Jonathan …
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, and …
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 …
But Selling More at Subsidized Premiums Could Sink Flood Program There are a number of communities across the country where more flood insurance policies should be sold given their populations and flood risk. They include dozens of counties that have …
