Midwest News

Heffernan Insurance Brokers Adds Benefits Specialist in Missouri Office

Heffernan Insurance Brokers announced that Simonne de Villiers has joined the firm’s Chesterfield, Mo., office as a benefits specialist. Heffernan is a full-service insurance brokerage in the St. Louis and Metro East Illinois areas, offering property and casualty, and life …

Floods Recede in Fargo, But Other Hazards Linger

As the Red River slowly started to recede this week and fears of major flooding diminished, Fargo residents were left to deal with another problem: environmental hazards that linger long after the waters decline. Floodwaters can be noxious brews of …

South Dakota: Insured Drivers Covered Even If Struck When Pedestrians

South Dakota Division of Insurance Director Merle Scheiber is warning property/casualty insurers that auto policy forms that restrict the types of motor vehicles for which coverage may apply when an insured is struck as a pedestrian are invalid. Under SDCL …

Morse to Serve as PIA of Ohio Director of Membership Services/Sales

Terry S. Morse, of Westerville, Ohio, was recently hired by the Professional Insurance Agents Association of Ohio Inc. (PIA) to serve as director of Membership Services/Sales. Morse oversees membership recruitment and promotion of PIA’s member benefits program. He will work …

Wisconsin-based Capitol Insurance Reports Strong 2009 Results

Capitol Insurance Companies (Capitol), a Middleton, Wis.-based national provider of specialty property-casualty insurance and commercial surety products, reported a strong year of underwriting profitability for the year ended Dec. 31, 2009. Capitol posted a combined ratio of 93.9 percent based …

Weisz Named Acting Chair of Illinois Work Comp Commission

Illinois Gov. Pat Quinn has appointed workers’ compensation attorney Mitchel R. Weisz as acting chairman of the Illinois Workers’ Compensation Commission. Amy Masters, who has been heading the organization since the retirement of Paul Rink in late February, will return …

South Dakota Governor Vetoes Insurance Bill

South Dakota Governor Mike Rounds has vetoed legislation that would have prohibited insurers from recovering funds from liable parties and would have unfairly and unnecessarily increased insurance costs for South Dakotans had it been enacted into law, according to the …

Minnesota Scores “A+” on Workers’ Comp Report Card

Minnesota ranks the best in the nation in terms of workers’ compensation performance, according to the Encinitas, Calif.-based Work Loss Data Institute (WLDI), which recently released its 2010 State Report Cards for Workers’ Compensation. Using eight years of data from …

Wisconsin Regulator Seizes Some of Bond Insurer Ambac’s Assets

State regulators are taking control of some of U.S. bond insurer Ambac Financial Group Inc.’s worst assets, the company said Thursday, in an action affecting some $35 billion of assets. Regulators in Wisconsin, where Ambac’s main insurance unit is legally …

Bailey joins Transportation Risk Services as Vice President

Insurance transportation MGA and wholesale broker Transportation Risk Services (TRS) in Barrington, Ill., has added Sandra Bailey as vice president. Bailey has more than 25 years of experience in the insurance industry. The majority of her career focused on the …

Midwest News Archives by Month