Midwest News

Reports: Wisconsin Train Derailment Caused by Human Error

A two-train collision and derailment last July in southeastern Wisconsin was caused by human error when the rear of a freight train was unintentionally backed onto another rail line, according to reports submitted to federal transportation officials. Incident reports released …

Missouri Seeking Administrator/Insurer for Workers’ Comp Residual Market

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 …

Mutual of Omaha CEO Neary to Retire; Blackledge Named President, Successor

Omaha, Neb.-based Mutual of Omaha Chairman and CEO Dan Neary announced that he will retire in 2015. He will retain the role of chairman of the company’s board of directors. Executive Vice President James T. Blackledge has been appointed president of …

Outlook Revised to Positive for Farmers Union Mutual Insurance Co.

A.M. Best has revised the outlook to positive from stable and affirmed the issuer credit rating (ICR) of “a” for Farmers Union Mutual Insurance Company (FUMI) in Jamestown, N.D. Concurrently, A.M. Best has also affirmed FUMI’s financial strength rating of A (Excellent). The …

Pothole Claims Up in Ohio This Year

More Ohio motorists are looking for repayment from the state for pothole damage to their cars, nearly tripling the number of claims filed in 2013. The Dayton Daily News reports nearly 300 pothole damage claims have been filed statewide so …

Michigan Town OKs Liability Insurance, Reinstates Police Department

Newly sworn-in trustees in Oakley, Mich., are reinstating the village’s police department after its shutdown in September. The Saginaw News reports the village council voted 3-2 to re-establish the police force. It also approved liability insurance to cover the department. …

AmTrust Financial Services to Acquire CorePointe Insurance Co.

AmTrust Financial Services Inc. announced it has entered into a definitive agreement to acquire Birmingham, Mich.-based CorePointe Insurance Co. (CorePointe), a wholly owned subsidiary of CorePointe Group LLC. The cash transaction is subject to regulatory approval. Established in 1964 CorePointe …

Democratic Lawmaker in Illinois Planning New Ridesharing Bill

A Democratic state lawmaker says he wants to pursue new legislation calling for regulations of the emerging ridesharing industry. Rep. Mike Zalewski of Riverside had originally planned to call for an override of Gov. Pat Quinn’s veto on bills imposing …

Insurer Seeks Pass on Liability in Missing Nebraska Student Lawsuit

Nebraska’s insurance company is asking a judge to declare that it has no duty to pay any award made against the Nebraska State Colleges Board of Trustees in a lawsuit over the 2010 disappearance of a Peru State College student …

Missouri Insurance Director Huff Honored for Distinguished Service

Missouri Department of Insurance Director John M. Huff has received the Distinguished Service Award from the National Association of Insurance Commissioners. He was recognized for his tenure on the U.S. Department of Treasury’s Financial Stability Oversight Council (FSOC). “I am …

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