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09, 2015
Mississippi Drivers Warned to Slow Down as Deer Season Begins
Mississippi has the eighth highest rate of collisions with deer. Mississippi Highway Patrol Sgt. Criss Turnipseed tells The Commercial Dispatch there were 3,438 vehicle collisions with deer in the state last year. According to State Farm Insurance Company, which looked …
30
09, 2015
Mississippi Farmers Eligible for Disaster Loans as Drought Parches State
Farmers hit by the drought gripping central Mississippi are now eligible for federal aid. The U.S. Small Business Administration says it’s offering low-interest disaster loans to small businesses and nonprofit organizations following a drought declaration by the U.S. Department of …
30
09, 2015
ACE Expands Cyber Risk Coverage Options for Non-Profits
ACE Group has launched a new coverage component for the ACE Express package policy specifically designed to protect private and not-for-profit organizations. The updated package policy enables insureds to purchase privacy and network liability coverage in a single policy with …
30
09, 2015
Illinois High Court: Village Must Pay for Disabled Cop’s Health Insurance
In an opinion filed on Sept. 24, the Illinois Supreme Court upheld the decisions of two lower courts that an Illinois municipality must pay health insurance premiums for a policeman and his family after the police officer was “catastrophically injured” …
30
09, 2015
NAMIC Honors Western Iowa Mutual’s Paul with Chairman’s Award
John Paul, president/treasurer of Western Iowa Mutual Insurance in Council Bluffs, Iowa, was presented the Chairman’s Award by the National Association of Mutual Insurance Company’s at its 120th Annual Convention in San Diego. The award was created to recognize leadership, …
30
09, 2015
Fortner Named NAMIC’s Professional Farm Mutual Manager of the Year
The National Association of Mutual Insurance Companies presented James Bradley (Brad) Fortner, chief operating office of Farmers Protective Mutual Insurance Company in Rogers, Ark., with its Professional Farm Mutual Manager of the Year Award during the group’s 120th Annual Convention. …
30
09, 2015
Watercraft Thefts Down but Texas Still a Top State for Them: NICB
While the number of watercraft thefts continued on a downward trend in 2014, Texas remains one of the five top states in which such thefts are likely to occur. Texas ranks third for watercraft thefts, behind Florida and California, according …
30
09, 2015
Tianjin Port Blast Chemical Contamination Likely to Boost Re/Insurers’ Losses
Contamination from chemicals is likely to increase the cost to insurers of last month’s blasts in the Chinese port of Tianjin, costs which are already expected to exceed $3 billion, insurance specialists say. While Chinese insurers are likely to bear …
30
09, 2015
Bank of England Governor: Insurers Face Huge Exposure to Climate Change Risks
Bank of England Governor Mark Carney said UK insurers face potentially “huge” exposure to shifts in climate-change policy and Group of 20 nations need to do more to combat associated financial stability risks. “The challenges currently posed by climate change pale in …
30
09, 2015
Alabama Drying Out After Weekend Floods
Flood waters receded along the Alabama coast Monday after storms from a tropical weather system dumped about 7.5 inches of rain in less than a day, inundating roads and creating dangerous surf conditions along beaches. No deaths or serious injuries …