Midwest News

A.M. Best Downgrades GuideOne Insurance Companies’ Credit Ratings

A.M. Best has downgraded the Financial Strength Rating (FSR) to A- (Excellent) from A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “a-” from “a” of GuideOne Mutual Insurance Co. in West Des Moines, Iowa, and its wholly …

Iowa Man Suing Gun Maker Savage Arms Over Exploding Rifle

It was the opening day of deer hunting season, and Iowa farmer Ronald Hansen says he loaded his rifle the same way he had countless times before, aimed at a target and fired a shot. This time, the gun barrel …

Indiana Fines Rural King $14K for Alleged Workplace Safety Violations

Indiana state regulators have fined farm supply chain Rural King $14,000 for alleged safety violations at a southern Indiana warehouse. The Indiana Occupational Safety and Health Administration issued a Nov. 30 order that lists seven safety violations inspectors found at …

Illinois’ Koetting Insurance and Resource Agency Joins Insurance Alliance

Koetting Insurance and Resource Agency in Germantown, Ill., has joined St. Louis, Mo.-based Valley Insurance Agency Alliance (VIAA), a cohesive family of over 100 independent insurance agencies in Missouri and Illinois. Koetting Insurance and Resource Agency is a full-service agency …

COUNTRY Financial Appoints Thorpe VP of Commercial/Agribusiness Underwriting

Andrea Thorpe, of Bloomington, Illinois, has been named vice president of Commercial/Agribusiness Underwriting at COUNTRY Financial. She replaces Sheri Bane who will retire in January 2018. Thorpe will lead the Agribusiness Underwriting, Commercial Underwriting Operations and Field Underwriting divisions at …

Judge Orders Creation of Spill Response Plan for Dakota Access Pipeline

A federal has judge ordered Energy Transfer Partners LP to coordinate with local tribes and the Army Corps of Engineers to create an oil-spill response plan for the controversial Dakota Access Pipeline by next April, a decision he said will …

CUNA Mutual Launches Renter SafetyNet in Wisconsin

Renter SafetyNet, the newest insurance program to spin out of CUNA Mutual Group’s innovation lab, has launched in Wisconsin. Renter SafetyNet gives landlords a lump-sum payment to cover a tenant’s rent after a layoff, illness or injury. For as little …

Fired Missouri School Cafeteria Worker Awarded $340K in Discrimination Lawsuit

A former high school cafeteria worker in Missouri has won a $340,000 judgment in her lawsuit alleging she was discriminated against by the Independence School District. Amy Stubbs filed the lawsuit after she was fired as a cook in the …

Insurers Still Assessing Damage to Historic Indiana Fieldhouse

School officials and an insurance company are still assessing the severe storm damage that one of Indiana’s historic high school gymnasiums sustained nearly a month ago. Muncie Community Schools superintendent Steve Baule says only salvage work has been done at …

Missouri Insurance Department Re-Accredited by National Regulatory Group

The National Association of Insurance Commissioners (NAIC) has voted to re-accredit the Missouri Department of Insurance, Financial Institutions and Professional Registration (DIFP) for a full five years. This is the highest recommendation level from the NAIC’s Financial Regulation Standards and …

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