Latest Minnesota Headlines
All the headlines from our Minnesota Topic Page, ordered by recency.
Minn. State University Agrees to $5.25 Million Settlement
Sep 18 2006 // Minnesota State University, Mankato,and an insurance company have agreed to a $5.25 million settlement stemming from a crash that killed three students and injured four other students last year in Michigan. Attorney Nick...
Minn. Travelers Introduces Insurance Company Bond Product
Sep 14 2006 // Minn.-based Travelers Insurance is offering increased protection for employee dishonesty fraud and other related losses under a newly-enhanced product recently introduced by the company. Travelers SelectOne(SM) for...
Minn. Old Republic Acquires Troon Management Corp, Sentry
Sep 8 2006 // Rande Yeager, president and CEO of Old Republic National Title Insurance Company, headquartered in Minneapolis, Minn., has announced the acquisition by Old Republic National Title Holding Company of Troon Management Corp....
It Figures
Sep 4 2006 // 1 million Enrollment in insured HMO benefit plans declined again in 2005, dropping below 1 million, the lowest level since 1985. Premium revenue increases slowed and profitability for HMOs decreased from its peak in 2004....
Debt Investor Claims Minn. UnitedHealth in Default for Filing Delay
Sep 1 2006 // Minn.-based UnitedHealth Group Inc. said an investor in its debt securities sent it a notice of default on Monday, following the health insurer’s delay in filing a quarterly report with the Securities and Exchange...
Minn. Managed Care 2006 Finds Drop of 1 Million for HMO Enrollment
Aug 25 2006 // Enrollment in insured HMO benefit plans declined again in 2005, dropping below 1 million, the lowest level since 1985. Premium revenue increases slowed and profitability for HMOs decreased from its peak in 2004. Part One...
Minn. Collins Offers Umbrella Coverage Reinsurance Program
Aug 22 2006 // John B. Collins Associates, Inc. has opened a new facility to provide help to regional insurers writing umbrella coverage. According to the Collins’ written statement the goal was to help insurers across the United...
Declarations
Aug 21 2006 // ‘Dumb driving’ fines “You crash, you pay … your insurance premium is probably going to go up, but what about the penalty being paid by 25,000 drivers who are sitting in traffic waiting for you to...
Minn. Police Defend Jailing Insurance Scofflaw Killed by Inmate
Aug 14 2006 // The police chief in Elk River said an insurance violation was a good enough reason for his officers to lock up a man who was later beaten to death in the Sherburne County jail. A story in the Associated Press last week...
Minn. Man Jailed for Driving without Insurance Beaten to Death by Inmate
Aug 11 2006 // An Elk River, Minnesota man being held at the Sherburne County Jail on a gross misdemeanor traffic violation died after being beaten by another prisoner, the sheriff’s office said Wednesday. Carl Edward Moyle, 28,...
Minn. State Fund Mutual Changes Name to Reflect Multi-state Growth
Aug 10 2006 // State Fund Mutual Companies, a workers’ compensation iinsurer in the Minnesota-Wisconsin market and the largest in Minnesota, has changed its name to SFM, the Minneapolis-based company announced today. “We are...
HCC Insurance Holdings Acquires Minn. Allianz Life Insurance
Aug 4 2006 // Houston-based HCC Insurance Holdings, Inc. announced today that the Company had reached an agreement to acquire the assets of Allianz Life Insurance Company of North America’s Health Products Division for a cash...
Minn. Gubernatorial Candidate Proposes ‘Dumb Driving’ Fines
Aug 4 2006 // Drivers who cause crashes because they’re wolfing down hamburgers or applying mascara would face fines under a transportation plan outlined recently by Independence Party gubernatorial candidate Peter...
Minn. Plans Program to Raise Public Awareness of Insurance Crimes
Jul 28 2006 // At a rate of about three a day, state Commerce Department regulators have been posting enforcement actions against insurance agencies and companies, real estate agents, mortgage originators, security brokers and...
Minn. UnitedHealth Says 2nd Quarter Profits Rose by 26.5 Percent
Jul 21 2006 // UnitedHealth Group Inc., America’s second-largest health insurer, said its quarterly profits grew 26.5 percent, as the company benefited from the acquisition of PacifiCare Health Systems and growth across its other...
Minn. Blues Refunds Nonsmoking Policyholders Charged Smoker Rates
Jul 21 2006 // Blue Cross and Blue Shield of Minnesota has announced a new policy to issue refunds to nonsmoking individual policyholders who, although eligible, have not been paying tobacco-free premium rates. “Blue Cross has done...
Minn. Western National Named to Ward’s 2006 Top 50
Jul 19 2006 // Minnesota-based Western National Insurance Group has been named to the 2006 Ward’s 50 group of top performing property/casualty companies in the United States. The designation recognizes Western National for...
People
Jul 3 2006 // Minneapolis, Minn.-based ING named Susan Anderson president and CEO of ING Trust USA. Anderson will report to ING Advisors Network President Valerie Brown. Anderson will lead the growth and development of personal trust...
Minn. Life Group Announces New Office Locations
Jun 22 2006 // Minnesota Life Group Life Insurance announced the opening of four new offices across the nation to accommodate rapid growth. The newest offices are in the Chicago, Los Angeles, and Charleston, W.V. areas. The Manhattan...
People
Jun 19 2006 // The Progressive Corp. appointed John A. Barbagallo as the new president of the company’s Drive Group. Barbagallo, who joined the company more than 20 years ago as a claims representative, currently serves as the...
