Missouri News

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 …

Lyft Agrees to Temporary Halt of Rideshare Service in Kansas City

Ridesharing company Lyft will temporarily stop operating in Kansas City, Mo. while it negotiates with the city over ways to allow it to permanently conduct business in the city. Lyft officials said that the drivers will stop working for up …

Reiff Appointed to Head Lockton Benefit Group

Kansas City, Mo.-based Lockton named Bob Reiff to lead Lockton Benefit Group, the broker’s global employee benefits consulting business. Reiff will succeed Mike Brewer, president of Lockton Benefit Group since 2004, who is retiring at the end of the year. …

Missouri Consumer Group Sues Over Health Insurance Rates

A Missouri consumer group announced that it has sued the U.S. Department of Health and Human Services in the latest effort to obtain information used to justify the rates consumers will pay for insurance on the federally run online marketplace. …

Missouri Insurance Regulators Help Recover $7.4M for Consumers

The Missouri Department of Insurance announced it helped consumers who filed a complaint against their insurance company receive an additional $7.4 million in claim payments in the first half of 2014. Health insurance topped the list of complaints. The department …

Settlement Reached in Missouri Traffic Camera Lawsuits

Hundreds of thousands of people who got tickets when their vehicles were photographed running red lights in Missouri could be in line to get some money back, under a proposed legal settlement announced on Sept. 26. Attorneys for ticketed drivers …

Number of Carriers in Missouri’s Health Insurance Marketplace to Double

Missouri could have twice as many health insurers participating next year in a federally run website. The U.S. Department of Health and Human Services says eight insurers plan to offer policies for 2015 on Missouri’s health insurance exchange. Four offered …

Unrest in Ferguson, Missouri, Cost County $4.2M

The unrest in Ferguson, Mo., that followed the Aug. 9 shooting death of Michael Brown by a police officer has cost St. Louis County more than $4 million. The county’s chief operating officer, Garry Earls, told KMOV-TV that $2.6 million …

Northern Missouri Hit by Heavy Rains, Tornadoes

A heavy rain storm has left much of northern Missouri facing low-level flooding and cleaning up mostly minor damage caused by tornadoes and high winds. The National Weather Service says 10 inches of rain was reported in Sullivan County near …

NORCAL Mutual Expands Medical PL Coverage in Kansas, Missouri

San Francisco-based NORCAL Mutual Insurance Co. is expanding its coverage area to include Kansas and Missouri, offering a new enhanced medical professional liability insurance policy for healthcare professionals. The company’s subsidiary, Medicus Insurance Co., has been offering coverage in these …