Midwest News

Agents Encouraged to Review Flood Risk in Minnesota

With the potential for serious flooding in the Red River, Minnesota and possibly Mississippi river valleys this spring, Governor Pawlenty is reminding insurance agents to talk with their homeowners customers about optional flood insurance before the snowmelt and spring rains. …

Illinois Officials Recommend Review of Earthquake Insurance

Insurance regulators in Illinois are encouraging residents to review earthquake insurance policies after a small quake was recorded in the state recently. The 3.8-magnitude earthquake surprised northern Illinoisans Feb. 10. It hit about 45 miles northwest of Chicago at 4 …

Proposal for Missouri Injured Worker Fund May Mean Higher Premiums

A Missouri House of Representatives committee is considering legislation designed to stabilize a financially troubled state fund for injured workers by triggering higher workers’ compensation premiums for employers. Missouri’s Second Injury Fund takes businesses off the hook for paying the …

Michigan Requires Insurers to File All Personal Lines Insurance Forms

Michigan’s insurance regulator is requiring insurance companies to get state approval for any changes to personal lines insurance forms before they use them Office of Financial and Insurance Regulation Commissioner Ken Ross earlier this month ordered insurance companies to submit …

4 Companies Told to Stop Selling Insurance Products in Kansas

Kansas Commissioner of Insurance Sandy Praeger has issued a cease and desist order to four companies and four individuals for selling unauthorized health insurance and distributing deceptive advertising. The Kansas Insurance Department identified the companies as: Real Benefits Association, Serve …

2 Nebraska Agents Sentenced

Two insurance agents in Nebraska have been handed sentences for unlawful conduct, the Nebraska Department of Insurance reported. A previously licensed insurance agent, Bobby L. Hoeft, sentenced by District Court Judge Vicky Johnson in Fillmore County District Court to a …

South Dakota Bills Favor Plaintiff Attorneys over Consumers

Two bills expected to be heard this week by the South Dakota legislature would favor attorney interests over consumers by changing important policies that control consumers’ insurance costs, according to the Property Casualty Insurers Association of America (PCI). SB 84 …

Fremont Michigan InsuraCorp Plans Expansion Into Wisconsin

Property/casualty insurer Fremont Michigan InsuraCorp, Inc. said it expects to report record results for the fourth quarter and confirmed it pans to expand into neighboring Wisconsin. The company said it expects to report total direct premiums written in the range …

Schaffler Named President of Lockton Benefits in Chicago

Thomas J. Schaffler has been named president of the Lockton Companies’ employee benefits practice in Chicago . Schaffler joined Lockton more than 10 years ago as executive vice president and producer and serves on the Chicago executive committee. He is …

Illinois Commissioner Urges Purchase of Snowmobile Insurance

Snowmobilers in Illinois should properly insure their vehicles according to state insurance regulators. The Illinois Department of Insurance issued a statement saying it is encouraging enthusiasts to purchase snowmobile insurance that could help repair or replace damaged equipment or help …

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