Midwest News

Few Lawmakers Support Tougher Nebraska Liquor Liability Law

Few Nebraska lawmakers participating in an Associated Press survey say they support legislation making liquor license holders liable for serving intoxicated customers who leave their establishments and hurt themselves or others. But one lawmaker has plans to introduce a proposal …

North Dakota Alleges Agent Fraud in Farm, Homeowners Insurance Sales

North Dakota Insurance Commissioner Adam Hamm has issued a cease and desist order against Patricia Howard, a Dunn Center insurance agent, who is alleged to have engaged in deceitful and dishonest practices against her insurance clients. The order bars Howard …

17 More Iowa Homeowners Accept Flood Damage Buyouts

More Cedar Rapids homeowners are accepting buyout offers for their flood-damaged properties. Officials say 17 more homeowners have signed offers to have the city buy their properties, which were heavily damaged in the flood of 2008. That brings to 45 …

Michigan Auto Insurance Bills Stall As Senate Adjourns Without Acting

The Michigan Senate adjourned before Christmas without taking action on a property/casualty insurance bill package already passed by the House of Representatives. The package would, among other things, give the insurance commissioner more authority over rates and strip insurers of …

Fremont Michigan InsuraCorp Rejects Unsolicited Takeover Offer

Fremont Michigan InsuraCorp Inc. a Michigan-exclusive property and casualty insurance carrier with headquarters in Fremont, Mich., has rejected an unsolicited proposal from the Steak n Shake Company seeking to acquire control of the company. Fremont said that after its board …

Nebraska Insurers Benefit From Sen. Nelson’s Compromise

Nebraska – never seen as a key player with special needs in the health care debate – stands to reap millions of dollars worth of financial goodies should the Senate version of the health care bill get final approval. Not …

Kansas Commissioner Fines Progressive Direct, Calls for Premium Refunds

The Kansas Insurance Department (KID) reported Dec. 21 that Commissioner Sandy Praeger has levied a $5,000 fine against a Kansas-licensed insurance company and has ordered premium refunds for those consumers affected by the company’s statute violations. In an order issued …

Industry Veterans to Open New Business – ThinkRisk – in Kansas City

Plans are underway for the February 2010 launch of ThinkRisk Underwriting Agency in Kansas City, Mo. Founded by insurance industry veterans Chad Milton, Leib Dodell and Debra McClenahan, ThinkRisk will offer underwriting and claims management services in the converging areas …

Ohio Workers’ Comp Board Adopts New Provider Fee Schedules

The Ohio Bureau of Workers’ Compensation (BWC) Board of Directors has adopted new fee schedules that will increase overall reimbursements to Ambulatory Surgical Centers (ASC) and Vocational Rehabilitation providers that treat injured workers. The new fee schedules will increase payments …

Farm Bureau Mutual Moving Forward with Mutual Holding Company Plan

Both the policyholders of Farm Bureau Mutual Insurance Company and the Iowa Insurance Commissioner now have approved plans under which the company will be reorganized into a mutual holding company structure. The plan of reorganization, including the articles of incorporation …

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