Quarterly earnings from bank insurance brokerage hit their second-highest level in first quarter 2008. Bank insurance brokerage earnings in the first three months of 2008 were $1.078 billion, up 8.6 percent from $993.3 million in the first quarter of 2007 …
Standard & Poor’s Ratings Services has affirmed its insurer financial strength and counterparty credit ratings on holding company QBE Insurance Group Ltd. (currently rated ‘A-‘) and QBE’s core operating entities (all rated A+). The rating outlooks on the holding company …
The property/casualty insurance industry is applauding a recent Rhode Island court ruling on lead paint for confirming that a state’s product liability, not public nuisance, law should govern in such cases. In its landmark ruling, the Rhode Island Supreme Court …
Residents in Sioux Falls, S.D., continued to top the chart as the safest drivers in the U.S., according to the fourth annual Allstate America’s Best Drivers Report. The average driver in Sioux Falls experiences an auto collision every 14.6 years. …
Farmhouses appear to float on lakes, and farmers use boats to get to their barns. Businesses are shuttered as flooded roadways cut off customers. Rail lines, factories, river locks are shut down. Homeowners, who watched and waited and prayed, have …
University of Wisconsin Hospital officials say a 6-year-old boy with a life-threatening kidney disease may have been infected while playing in contaminated floodwater. Dr. Ellen Wald says the child has been on dialysis and in intensive care since Sunday. She …
With federal aid limited and most homes damaged or destroyed by Midwest flooding lacking the proper insurance, states along the Ohio and Mississippi rivers will soon have to help homeowners recover, according to the nation’s No. 1 disaster official. “There’s …
Wisconsin officials are re-evaluating whether infrastructure is being built and maintained to strict enough standards to handle severe weather. Engineering professor Ken Potter of the University of Wisconsin-Madison says some design standards reflect rainfall data that’s 40 years old. But …
The Lake Delton village board says the Wisconsin Department of Transportation will handle repairs to the breach in the community’s empty lake and adjacent highway with the hope of restoring the lake by next spring. Lake Delton is part of …
Federal crop insurance officials say they will allow additional time, until Aug 15, 2008, for submitting acreage reports for all 2008 crop year spring-seeded acreage in areas impacted by flooding and extreme weather conditions. This additional time applies to spring-seeded …
