Midwest News

Millions Unclaimed in Ohio Workers’ Comp Overcharge Case

The law firm handling a $420 million state settlement over Ohio employers being overcharged for workers’ compensation premiums says millions of dollars weren’t claimed by the deadline. The Bricker & Eckler law firm tells The Columbus Dispatch that 35,000 claims …

Integro Adds Duncan as VP in Chicago

International insurance brokerage and risk management firm Integro announced that Lisa Duncan has rejoined the firm as vice president in the property practice. She will be based in Chicago. Duncan returns to Integro from the London-based retailer Burberry, where she …

First Trial Over ‘Moldy’ Washers Ends with Win for Whirlpool

Michigan-based Whirlpool Corp has been found not liable by a U.S. jury in the first lawsuit to go to trial accusing the company of selling front-loading washing machines containing a design flaw that made them prone to developing mold. The jury …

A.M. Best Assigns ‘A’ Rating to Missouri’s American Shield Insurance

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 …

19 Lawsuits Filed Against NW Indiana Cardiologists

Nineteen new lawsuits and a complaint with the Indiana Attorney General’s Office have been filed against three northwestern Indiana cardiologists and a hospital, alleging that open-heart surgeries and other procedures were performed unnecessary, lawyers said. The lawsuits were filed either …

Feds Charge Iowa Man in $2.7M Illinois Insurance Fraud Case

Federal authorities say an Iowa man has been charged with defrauding his former employer in Illinois of at least $2.7 million. U.S. Attorney Jim Lewis said 47-year-old Dominic Scodeller of Davenport, Iowa, was arrested on charges of fraud and money …

Healthcare Overhaul Boosts Earnings at Insurer WellPoint

Indianapolis, Ind.-based WellPoint raised its 2014 earnings forecast again and trumped third-quarter expectations as the overhaul of the healthcare system adds millions to the nation’s health insurance rolls, and at a lower cost than was expected at the nation’s second …

Hub International to Acquire Chicago-Based Laurus Strategies

Insurance brokerage Hub International Limited (Hub) announced its Chicago-area affiliate Hub International Midwest (Hub Midwest) plans to acquire Laurus Strategies (Laurus) from CSIG Holding Co. Laurus is an employee benefits, human resources, and human resource information system (HRIS) global benefits …

Truckenbrod Joins Lockton Dunning in Minneapolis

Lockton Companies Justin Truckenbrod has joined the company in Minneapolis, Minn., as senior vice president and managing director of the Total Rewards Consulting Practice for Lockton Dunning, the Dallas-based series of Lockton Companies. Truckenbrod will lead Lockton Dunning’s Minneapolis office …

Universal Property & Casualty Insurance Licensed in Indiana

Universal Insurance Holdings Inc. announced that its subsidiary, Universal Property & Casualty Insurance Company (UPCIC), has been approved as a licensed insurance entity in Indiana. UPCIC expects to file its homeowners insurance rates and forms with the Indiana Department of …

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