Midwest News

Hudson Insurance Acquires Euclid Managers of Kansas City

Hudson Insurance Co. (Hudson) has acquired Euclid Managers LLC of Kansas City, Mo. (Euclid-KC) from Euclid Insurance Services Inc. and Euclid-KC’s management. Euclid-KC is an underwriting and claims manager for internet, tech, media, manufacturers and miscellaneous professional liability risks. The …

Kansas-Based Infinity Insurance Solutions Acquired by Patriot National

Patriot National Inc., headquartered in Fort Lauderdale, Fla., has acquired Infinity Insurance Solutions, a premium auditing and underwriting survey agency based in Overland Park, Kan. Infinity serves providers of workers’ compensation, general liability and property and casualty insurance. Infinity’s President …

Ohio Settles with Road Salt Companies for $11.5M

Attorney General Mike DeWine says Ohio has reached an $11.5 million settlement with two rock salt producers who officials say conspired to drive up salt prices paid by the state and its local governments. The settlement dismisses a lawsuit filed …

Columbia Insurance Group Promotes Mackey; Erickson Retires

Columbia Insurance Group (Columbia) based in Columbia, Mo., promoted Scott Mackey to senior vice president and to the newly-created role of chief underwriting officer, as it says goodbye to retiring Jon Erickson, the company’s former senior vice president and chief …

AssuredPartners Acquires Indianapolis’ CoLiance Risk Advisors

Lake Mary, Fla.-based AssuredPartners Inc. has acquired CoLiance Risk Advisors through its AssuredPartners of Indiana subsidiary. The Indianapolis-based agency will operate under the local leadership of Managing Director Judd Feldman. CoLiance is a full service commercial property and casualty and …

Ratings of Ohio’s Buckeye State Mutual Downgraded

A.M. Best has downgraded the financial strength rating to B (Fair) from B+ (Good) and the issuer credit ratings to “bb+” from “bbb-” of Buckeye State Mutual Insurance Co. (Buckeye) of Piqua, Ohio, and its insurance affiliate: Home and Farm …

Tornado Caused $18.6M in Damage at Wisconsin Campus

A final tally shows a tornado that struck the University of Wisconsin-Platteville campus nearly a year ago caused $18.6 million in damage. The school released the final damage numbers on June 2. The tornado hit the campus on June 16, …

Minnesota Dairy Farmers Awarded $2.5M in Stray Voltage Case

A jury has awarded nearly $2.5 million to Waverly, Minn., dairy farmers who say stray voltage from their power company’s faulty equipment cut deeply into their production. After a long legal fight that included a ruling from the Minnesota Supreme …

Health Insurers in Illinois, Michigan Seeking Rate Hikes for 2016

Blue Cross Blue Shield and Blue Care Network, which sell medical insurance to more than half of Michigan residents who buy their own coverage under the federal health care law, are seeking 2016 premium increases that average about 10 percent, …

Economic Report Suggests Slower Growth in Midwest

Slower economic growth is likely through the end of the third quarter this year for nine Midwestern and Plains states, according to a report issued on June 1. The survey report says the overall Mid-America Business Conditions Index dropped to …

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