From our friends at Insurance Business America Author: Donald Horne – July 08, 2014 | A new interim rule introduced by the U.S. Agriculture Department provides additional crop insurance options for first-time farmers and is said to fulfill a promise made by the federal government in May. Federal crop insurance for 2015: The ‘new politics” of farm subsidies
Despite steady increases in premium prices during the past five years, auto owners’ satisfaction with auto insurers is reaching record-high levels, according to a recent J.D. Power 2014 U.S. Auto Insurance Study. Auto insurance satisfaction at an all time high: report
Unknown to the father of a Minnesota family, his young daughter had left a window and screen wide open in their home late one summer evening. In the middle of the night the father was awakened by a cloud of mosquitoes. Still half asleep, and without turning on any lights, he quickly stumbled to a… Read More »
Once upon a time, during an ‘unofficial’ high school outing, an incident occurred that will forever be remembered by the victim of a senior class prank. It was fairly common practice for upper classmen to initiate an incoming freshman by first kidnapping the unsuspecting prey. They would then drive the victim a mile or two… Read More »
IRMI Glossary of Insurance Terms
We would like to take this opportunity to remind our insureds that the deadline to submit Green Snap, Wind Coverage and Extra Harvest Expense is June 15. Please contact us if you have any questions. · Green Snap Coverage: provides coverage caused by wind which severs the stalk above the brace roots and below the ear causing… Read More »
An insured called his agent to inquire as to why their family auto insurance premium had increased. An agency customer service person explained that, on the basis of the insured’s statements, the son was rated a principle operator of one of the family vehicles. Further, the boy’s motor vehicle record indicated two chargeable speeding violations. … Read More »
Public liability coverages generally defend against third-party allegations of your negligent action or non-action. That is, you or another insured are alleged to have committed a civil wrong or tort. Bodily injury liability (BI) and property damage liability (PD) coverages can be purchased with either split limits – a separate limit for BI and for PD, or a combined single… Read More »
CLAIM REMINDERS REPLANTS – RMA clarification – ‘Failure to obtain AIP consent to replant in advance of replanting will result in denial of the replant claim’ Exceptions may NOT be made even if the original stand remains intact because of inter-seeding, replanted alongside the original damaged rows, or left check strips at the insured’s discretion. The adjuster must give consent… Read More »
Author: Bob Walton, Walton Insurance Agency, Inc. – Since its invention in the 1930s by Blairstown, Iowa native George Nissen, the trampoline has proven to be one of the more dangerous sports devices ever invented. It has led to countless injuries, ranging from bruises and sprains to broken bones, paralysis and death. So say such… Read More »