June 3, 2014
Joyce R. Banks, assistant comptroller for the Kansas Insurance Department (KID), has been appointed as the agency’s new comptroller. Banks is replacing Kathy Bohnhoff, who is retiring from the department after 13 years. Banks began working for KID in 1983 …
June 3, 2014
Eastern Alliance Insurance Group (EAIG) has promoted Chad Lengner to regional business executive in its Midwest territory. EAIG, a wholly-owned subsidiary of ProAssurance Corp., is a domestic casualty insurance group specializing in workers’ compensation insurance. Lengner, who previously served as …
June 3, 2014
The Illinois Legislature passed legislation this session that provides for regulating transportation networking companies (TNCs) and closing insurance gaps, according to the Property Casualty Insurers Association of America (PCI). Together HB 4075 and 5331 will establish regulations on TNCs that …
June 3, 2014
A woman has filed a lawsuit against an Iowa skydiving company and pilot following the death of her husband, who was pulled out of an airplane door and fell to his death. Attorneys for Cindy Kidrowski, of Brooklyn, filed the …
June 3, 2014
A monthly economic index for nine Midwestern and Plains states inched up in May, suggesting healthy economic growth is coming over the next three to six months, according to a report released. The overall Mid-America Business Conditions Index rose to …
June 3, 2014
An Iowa company has agreed to pay $6.8 million in fines for crimes that include selling the tainted eggs that caused a nationwide salmonella outbreak in 2010. A plea agreement filed on June 2 by federal prosecutors calls for Quality …
June 2, 2014
Minnesota Department of Commerce Commissioner Mike Rothman has signed regulatory settlement agreements with Transamerica and MetLife that require both insurance companies to pay Minnesota beneficiaries their rightful proceeds from life insurance policies, annuity contracts and retained asset accounts; and $4 …
June 2, 2014
Columbus, Ohio-based State Automobile Mutual Insurance Co. (State Auto) has completed its purchase of Partners General Insurance Agency (PGIA), a managing general underwriter specializing in excess and surplus lines general liability and excess liability insurance. With offices in California, Illinois …
June 2, 2014
A veteran Republican legislator has filed to run for Kansas insurance commissioner and joined an already crowded field of candidates. Sen. Clark Shultz of Lindsborg filed the necessary paperwork on May 30 for a spot on the state’s Aug. 5 …
May 30, 2014
Lieutenant Governor and Department of Insurance Director Mary Taylor says the passage of reforms to Ohio’s insurance law will help maintain the strength and competitiveness of Ohio’s insurance marketplace while also providing new consumer protections. Under Senate Bill 140, which …