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Friday 05/18/2012

May 18-- Nearly three weeks after baseball-sized hail pelted St. Louis neighborhoods, smashing windshields and puncturing roofs, residents have filed tens of thousands of claims. The area's two largest insurers alone-- together controlling 33 percent of the auto insurance market and 42 percent of the homeowner's market-- have fielded about 60,000 claims,...

 

May 18-- DURHAM-- Locally-based N.C. Mutual Life Insurance Company has hired Michael Lawrence as its chief financial officer and treasurer. According to the release, Lawrence was previously employed for more than eight years as the CFO and COO at NCM Capital in Durham. N.C. Mutual Life Insurance Company, the nation's oldest and largest insurance company with roots...

 

May 16-- A formal complaint filed by the mayor of Elida against the actions of a Roosevelt County Sheriff's chief deputy will be turned over to the County Risk Management Division for investigation, according to county manager Charlene Webb. During Tuesday's county commission meeting, Elida Mayor Durward Dixon accused Chief Deputy Malin Parker of verbal...

 

Woodbridge, NJ May 18, 2012. NIP Group, Inc. released the results of the Transportation Insurance Pricing Survey for the first quarter of 2012. The survey was issued to leading transportation insurance brokers, wholesalers and underwriters representing thousands of account placements and is used to benchmark changes in the availability and rates in the...

 
4.05% for 10 Years

K. Michael Conaway, chairman of the House Agriculture Committee's Subcommittee on General Farm Commodities and Risk Management, continued the third hearing series on agricultural policy in advance of writing the 2012 Farm Bill. If prices collapse, we can't have policy that collapses right along with them creating a crisis in farm country and calls for...

 

The National Cotton Council looks forward to working with the House Agriculture Committee on development of a 2012 farm bill that effectively meets U.S. cotton producers' risk management needs. NCC Chairman Chuck Coley, in testimony before that Committee's General Farm Commodities& Risk Management Subcommittee, emphasized that even with budget...

 
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