midwest News

Aon Benfield Cat Report Focuses on U.S. Snow/Ice and $1 Billion+ Losses

Impact Forecasting, Aon Benfield’s catastrophe model development team, has released the latest edition of its monthly Global Catastrophe Recap report, which evaluates the impact of the natural disaster events that occurred worldwide during February 2015. Topping the list are the …

Midwest, Plains Likely to See Economic Growth: Report

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, …

Berkshire Hathaway GUARD Adds BOP Product in Illinois

Berkshire Hathaway GUARD Insurance Companies (formerly known as GUARD Insurance Group) has begun offering businessowner’s policy (BOP) and umbrella coverage in Illinois.  The company already has an established presence in the state with workers’ compensation premium totaling about $10.5 million …

Patriot National, Stonewood Partner on Healthcare Program in Midwest

Patriot National Insurance Group Inc., a workers’ compensation insurer based in Fort Lauderdale, Fla., has a new partnership with Stonewood National Insurance Co. for a healthcare industry program in the Midwest. Under the partnership arrangement, Patriot will write workers’ compensation …

Dovetail Insurance Expands Distribution of BOP Product in Midwest

Dovetail Insurance, a supplier of cloud-based insurance product delivery services, is expanding its distribution of NetBOP in seven states, including Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota and Wisconsin.  NetBOP is a business owners policy (BOP) insurance product developed for businesses …

Manufacturing Growth to Aid Midwest Economy

A new survey of business leaders in nine Midwest and Plains states suggests that manufacturing growth will help fuel the regional economy through the end of the year, according to a report released on Oct. 1. The overall Mid-America Business …

U.S. Crop-Insurance Claims Jump Amid Planting Delays, USDA Says

U.S. farmers who were prevented from planting by rain this year filed crop-insurance claims on six times more land than last season, the government said. Farmers filed claims on 8.213 million acres of grains, oilseeds, cotton and sugar as of …

Midwest, Plains Economy Still Growing Steadily: Survey

A monthly survey of business leaders suggests the economy in nine Midwest and Plains states will continue growing steadily over the next few months. The overall economic index for the region declined slightly to 56.2 in May from April’s 56.8, …

More Rain, Snow Could Lead to More Flooding in Midwest

The Mississippi River is topping out at some problematic spots and there is growing concern that spring floods are far from over. The good news is that most businesses and homes are high and dry, though hundreds of acres of …

Drought Persists in U.S. Plains; Slight Improvement in Midwest

Snowfall in parts of the U.S. Plains last week had little impact on historic drought gripping the region, but parts of northern Illinois and southern Wisconsin showed slight improvement, weather experts said. A weekly report issued Thursday by a consortium …