A.M. Best Co. has assigned a financial strength rating of B+ (Good) and an issuer credit rating of “bbb-” to Ellington Mutual Insurance Company (Ellington) of Hortonville, Wis. The outlook assigned to both ratings is stable. The ratings reflect Ellington’s …
The Kansas Insurance Department (KID) reported that a former Kansas City-area insurance agent has been convicted on federal charges of insurance and mortgage fraud, and handed a 15-year jail term. Investigators from the KID Anti-fraud Division provided federal authorities with …
A.M. Best Co. announced it has downgraded the financial strength rating (FSR) to B++ (Good) from A- (Excellent) and issuer credit rating (ICR) to “bbb+” from “a-” of Michigan Millers Mutual Insurance Company (Michigan Millers) of Lansing, Mich. The outlook …
Kansas State Fair officials are asking the legislature to allow the fair to opt out of the state workers’ compensation insurance pool. Fair officials want to be able to buy insurance from a private company, but state law requires state …
Mark Allen and Christy Davies-Downing have joined the Wichita, Kan., office of insurance broker IMA Inc. as sales executives. Allen has extensive sales experience as an entrepreneur and in other industries including technology. He holds a bachelor’s degree in business …
Nebraska lawmakers may allow car passengers to make liability insurance claims when their family members cause car wrecks. The Nebraska Legislature on Jan. 22 narrowly gave first-round approval to a bill (LB216) that would repeal the state’s so-called guest statute. …
Cincinnati-based insurance brokerage, Hylant Group, and the W Group, a privately owned firm offering employee benefit services, announced they have merged. The combined organizations will form one of the largest employee benefit firms in the Greater Cincinnati area. The W …
The Illinois Department of Insurance has revoked the licenses to sell insurance of Daniel Martin Deitz of Bloomingdale and his Schaumburg-based agency Danny Martin CLU and Associates (collectively “Martin”) and imposed a $100,000 fine – the maximum penalties allowed under …
The Ohio Bureau of Workers’ Compensation (BWC) is expanding a deductible program put in place last year. The large deductible program will offer deductible levels between $25,000 and $200,000 and is intended to give large employers more options to mold …
The Ohio Department of Insurance has hired Affordable Language Services to provide translation services, Director Mary Jo Hudson announced. The company will be able to answer questions from consumers in more than 150 languages. “We want to be certain that …
