Insurance Journal » Missouri http://www.insurancejournal.com Insurance Journal delivers the latest business news for the Property/Casualty insurance industry Mon, 30 Mar 2015 16:57:04 +0000 en-US hourly 1 http://wordpress.org/?v=4.1.1 Regulators: Auto Insurance Rates Continue Downward Trend in Missouri http://www.insurancejournal.com/news/midwest/2015/03/26/362259.htm Fri, 27 Mar 2015 00:26:09 +0000 http://www.insurancejournal.com/?p=362259 Auto insurance premiums have declined significantly since 2000, according to figures released by the Missouri Department of Insurance. The average annual cost for full coverage peaked in 2003 at $740 — it dipped to $726 in 2013. In inflation-adjusted dollars, premiums …

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Arkansas, Oklahoma, Warned of Hail, High Wind-Packing Storms http://www.insurancejournal.com/news/southcentral/2015/03/25/362086.htm Wed, 25 Mar 2015 16:48:19 +0000 http://www.insurancejournal.com/?p=362086 While there has been a curious lack of tornadoes throughout the country’s midsection, that may soon change, according to federal weather forecasters. A cold front approaching Oklahoma, Arkansas and Missouri is expected to bring hail, strong winds and the possibility …

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Missouri Man Admits Role in Arson-for-Insurance Schemes http://www.insurancejournal.com/news/midwest/2015/03/18/360995.htm Wed, 18 Mar 2015 16:15:53 +0000 http://www.insurancejournal.com/?p=360995 A man implicated in an arson-and-insurance fraud scheme when his clothes caught fire during a house blaze he helped set has pleaded guilty in Missouri to federal conspiracy and other charges. John S. Wayne, of Kansas City, entered the pleas …

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POWERS Insurance Associate Earns Missouri CSR of the Year Award http://www.insurancejournal.com/news/midwest/2015/03/13/360485.htm Fri, 13 Mar 2015 16:25:33 +0000 http://www.insurancejournal.com/?p=360485 St. Louis, Mo.-based POWERS Insurance and Benefits announced that Christen Beardall, a POWER associate, has been named the “2014 Outstanding Customer Service Representative (CSR) of the Year” for Missouri. The award was presented by the National Alliance for Insurance Education & …

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Missouri Senate Backs Caps on Medical Malpractice Jury Awards http://www.insurancejournal.com/news/midwest/2015/03/11/360210.htm Thu, 12 Mar 2015 02:13:11 +0000 http://www.insurancejournal.com/?p=360210 The Missouri Senate has moved forward a measure that would reinstate limits on noneconomic awards in medical malpractice lawsuits against doctors or hospitals. The Senate gave initial approval Tuesday to limits on noneconomic damages, including pain and suffering, in medical …

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Kansas Hotel Owners Hired Illegal Immigrants, Didn’t Pay Taxes, Workers’ Comp http://www.insurancejournal.com/news/midwest/2015/03/09/359842.htm Mon, 09 Mar 2015 16:14:02 +0000 http://www.insurancejournal.com/?p=359842 When a suburban Kansas City couple bought two Clarion hotels, they systematically replaced lawfully employed workers with immigrants not authorized to work in the United States, cutting labor costs by 40 percent. Not only were the illegal workers paid a …

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Medical Malpractice Award Caps Endorsed by Missouri House http://www.insurancejournal.com/news/midwest/2015/03/06/359713.htm Fri, 06 Mar 2015 17:21:58 +0000 http://www.insurancejournal.com/?p=359713 The Missouri House has given initial approval to a bill to reinstate limits on how much juries can award in noneconomic damages in medical malpractice cases against health care providers. Supporters said the limits, approved 101-53, are needed to make …

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Lockton Names Linden as Sr. Claims Consultant in St. Louis http://www.insurancejournal.com/news/midwest/2015/03/04/359344.htm Wed, 04 Mar 2015 18:17:05 +0000 http://www.insurancejournal.com/?p=359344 Lockton’s St. Louis office named Jim Linden as assistant vice president-senior claims consultant in its mining risk management practice. The industry veteran will guide clients as their claims advisor and advocate. Linden will advise Lockton clients in developing robust and leading-edge claims management programs, …

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Midwest, Plains Likely to See Economic Growth: Report http://www.insurancejournal.com/news/midwest/2015/03/03/359151.htm Tue, 03 Mar 2015 17:33:13 +0000 http://www.insurancejournal.com/?p=359151 Economic growth lies ahead for nine Midwestern and Plains states despite pullbacks in the energy sector, according to a monthly report released on March 2. The overall Mid-America Business Conditions Index climbed to 57.0 in February from 54.8 in January, …

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Columbia, Missouri’s Ride-Booking Regulations Include Insurance http://www.insurancejournal.com/news/midwest/2015/02/18/357758.htm Wed, 18 Feb 2015 17:24:51 +0000 http://www.insurancejournal.com/?p=357758 The Columbia, Mo., City Council has approved new regulations for ride-booking services such as Uber and Lyft that include insurance requirements. The regulations approved require ride-booking services to get business licenses and license their drivers as chauffeurs. The drivers must …

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Turley Joins J.M. Wilson as Branch Manager in Kansas City http://www.insurancejournal.com/news/midwest/2015/02/11/357197.htm Wed, 11 Feb 2015 17:11:44 +0000 http://www.insurancejournal.com/?p=357197 Managing general agency and surplus lines broker, J.M. Wilson, has added Andy Turley as branch manager of its Kansas City, Mo., office. Turley will plan the day-to-day operations of the Kansas City office, coordinate the staff, and work towards building …

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Ferguson, Missouri, Receives $500K for Rebuilding http://www.insurancejournal.com/news/midwest/2015/02/05/356721.htm Thu, 05 Feb 2015 17:53:46 +0000 http://www.insurancejournal.com/?p=356721 St. Louis County, Mo., has allocated $500,000 to help Ferguson raze and rebuild property that was damaged in the aftermath of the fatal police shooting of Michael Brown. Residents and county officials want several blighted sites in Ferguson and surrounding …

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Cotnoir Named VP, Large Casualty at Safety National http://www.insurancejournal.com/news/midwest/2015/02/04/356422.htm Wed, 04 Feb 2015 16:47:46 +0000 http://www.insurancejournal.com/?p=356422 Steve Cotnoir has been appointed vice president – large casualty at St. Louis, Mo.-based Safety National Casualty Corp. In his new role, Cotnoir will be responsible for leading large casualty field underwriting operations for several strategic regional office territories, including …

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Cost of Safety Mandate Places Missouri Passenger Rail Service at Risk http://www.insurancejournal.com/news/midwest/2015/02/02/356157.htm Mon, 02 Feb 2015 17:36:18 +0000 http://www.insurancejournal.com/?p=356157 The expense of installing mandated train collision avoidance technology is putting passenger service in Missouri at risk, according to the state Department of Transportation. The equipment, which is designed to override human error, is supposed to be in place by …

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Republican Lawmakers in Missouri Considering Lawsuit Caps Again http://www.insurancejournal.com/news/midwest/2015/01/20/354458.htm Tue, 20 Jan 2015 17:29:52 +0000 http://www.insurancejournal.com/?p=354458 Nearly a decade after Missouri last limited some civil lawsuit awards, Republican lawmakers are organizing to reinstate caps overturned by the state’s highest court. Businesses can now face lawsuits with unlimited punitive damages in civil injury lawsuits after the Missouri …

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Boating, Traffic Fatalities Down in Missouri in 2014 http://www.insurancejournal.com/news/midwest/2015/01/12/353796.htm Mon, 12 Jan 2015 17:50:22 +0000 http://www.insurancejournal.com/?p=353796 Authorities say fewer people died on Missouri’s roads and waterways last year. The Missouri State Highway Patrol says preliminary statistics count 753 traffic fatalities in 2014, compared with 757 fatalities in 2013 and 1,257 in 2005. Boating fatalities dropped to …

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Missouri Fines Insurer Nearly $162K for Misstatements to Policyholders http://www.insurancejournal.com/news/midwest/2015/01/07/353300.htm Thu, 08 Jan 2015 01:12:05 +0000 http://www.insurancejournal.com/?p=353300 The Missouri Department of Insurance announced that a regulatory settlement agreement has been reached with Humana Insurance Co. under which the company will pay a $161,800 fine to the Missouri State School Fund. Missouri regulators conducted a market conduct investigation …

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Fowler Named President/CEO of Cameron Mutual Insurance http://www.insurancejournal.com/news/midwest/2015/01/06/351821.htm Tue, 06 Jan 2015 17:47:19 +0000 http://www.insurancejournal.com/?p=351821 Cameron Mutual Insurance Company in Cameron, Mo., named Brad Fowler president and chief executive officer effective Jan.1, 2015. Fowler, who most recently served as chief operations officer, assumes the role following the retirement of Gary Myers. Myers served as president …

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Safety Of Guardrails Questioned by Kansas, Missouri http://www.insurancejournal.com/news/midwest/2014/12/30/351349.htm Tue, 30 Dec 2014 16:48:35 +0000 http://www.insurancejournal.com/?p=351349 Missouri and Kansas transportation officials have suspended installations of a guardrail system after concerns that parts of the guardrails break off on impact and run through vehicles, causing injuries to drivers and passengers. The two states are among 40 that …

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Missouri Company Cited in Death of Teen Worker http://www.insurancejournal.com/news/midwest/2014/12/24/351127.htm Wed, 24 Dec 2014 17:17:46 +0000 http://www.insurancejournal.com/?p=351127 A southeast Missouri construction company has been cited by the Occupational Safety and Health Administration for 13 serious safety violations in an investigation that began after the death of a 16-year-old worker. The Southeast Missourian reports that OSHA announced the …

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Price Optimization Allegations Challenged, NAIC Investigating Practice http://www.insurancejournal.com/news/national/2014/12/18/350630.htm Thu, 18 Dec 2014 20:59:59 +0000 http://www.insurancejournal.com/?p=350630 Reaction to industry-wide price optimization allegations from a consumer group known to call out insurers has been somewhat critical yet guarded – however it appears regulators may already be starting to look into the practice. Consumer Federation of America this week …

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Missouri DOI Recommends Workers’ Comp Rate Decrease http://www.insurancejournal.com/news/midwest/2014/12/15/350181.htm Tue, 16 Dec 2014 00:54:35 +0000 http://www.insurancejournal.com/?p=350181 The Missouri Department of Insurance is recommending a 4.4 percent decrease in workers’ compensation insurance loss costs for 2015. The key driver of the decrease is the favorable loss experience in 2012, according to the department. “A decrease in large …

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Unlicensed Uber Drivers Ticketed by Plainclothes Officers in Missouri Town http://www.insurancejournal.com/news/midwest/2014/12/09/349363.htm Tue, 09 Dec 2014 17:41:25 +0000 http://www.insurancejournal.com/?p=349363 Plainclothes Columbia, Mo., police officers have started issuing tickets to drivers with Internet ridesharing company Uber. City staff and Uber had been negotiating regulations that would have licensed rideshare drivers after an application process that included a background check, proof …

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Rewards Offered for Information in Missouri Protest Arsons http://www.insurancejournal.com/news/midwest/2014/12/09/349359.htm Tue, 09 Dec 2014 17:35:33 +0000 http://www.insurancejournal.com/?p=349359 The federal Bureau of Alcohol, Tobacco, Firearms and Explosives is offering rewards up to $10,000 for information leading to arrests in the intentional fires set after the grand jury announcement in the Ferguson, Mo., police shooting. The ATF announced the …

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Lockton Promotes Fischer to VP in St. Louis http://www.insurancejournal.com/news/midwest/2014/12/05/349072.htm Fri, 05 Dec 2014 17:22:22 +0000 http://www.insurancejournal.com/?p=349072 The St. Louis, Mo., office of independent insurance broker, Lockton, has promoted Diane Fischer to vice president, unit manager of risk management. Fischer joined Lockton in 2007, with more than 20 years of national account underwriting and broking experience. Since that …

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Missouri Seeking Administrator/Insurer for Workers’ Comp Residual Market http://www.insurancejournal.com/news/midwest/2014/11/25/348252.htm Tue, 25 Nov 2014 17:38:52 +0000 http://www.insurancejournal.com/?p=348252 The Missouri Department of Insurance, Financial Institutions & Professional Registration is seeking to contract with one or more entities to administer and provide workers’ compensation insurance for the state’s Workers’ Compensation Alternative Residual Market Plan (ARM Plan). All bidders must …

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Hlasney Named Director, of Lockton Health Risk Solutions in Kansas City http://www.insurancejournal.com/news/midwest/2014/11/18/347391.htm Tue, 18 Nov 2014 17:42:00 +0000 http://www.insurancejournal.com/?p=347391 Todd Hlasney has been promoted to director of Lockton Health Risk Solutions for Lockton’s Kansas City benefits operation. Hlasney joined Lockton in 2013 as a Health Risk Solutions consultant, partnering with client leaders and Lockton account teams to establish the cultural, financial, and operational …

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Missouri-Based Cameron Mutual Names Lindquist CFO/Treasurer http://www.insurancejournal.com/news/midwest/2014/11/17/347258.htm Mon, 17 Nov 2014 17:39:20 +0000 http://www.insurancejournal.com/?p=347258 Cameron, Mo.-based Cameron Mutual Insurance Co. has appointed Peter A. Lindquist as chief financial officer/treasurer. Lindquist, a CPA who holds the Chartered Property Casualty Underwriter (CPCU) designation, comes to Cameron Mutual from Monitor Liability Managers LLC, in Rolling Meadows, Ill., …

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A.M. Best Assigns ‘A’ Rating to Missouri’s American Shield Insurance http://www.insurancejournal.com/news/midwest/2014/10/30/345491.htm Thu, 30 Oct 2014 16:37:44 +0000 http://www.insurancejournal.com/?p=345491 A.M. Best announced it assigned a financial strength rating of A (Excellent) and an issuer credit rating of “a+” to American Shield Insurance Co. (American Shield) in Columbia, Mo. The outlook assigned to both ratings is stable. The ratings reflect the implementation …

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Lyft Agrees to Temporary Halt of Rideshare Service in Kansas City http://www.insurancejournal.com/news/midwest/2014/10/24/344734.htm Fri, 24 Oct 2014 16:29:27 +0000 http://www.insurancejournal.com/?p=344734 Ridesharing company Lyft will temporarily stop operating in Kansas City, Mo. while it negotiates with the city over ways to allow it to permanently conduct business in the city. Lyft officials said that the drivers will stop working for up …

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