Midwest News

Illinois Insurance Agent Sentenced to 7 Years in Prison for Swindling Premiums

The owner of a suburban Chicago insurance agency has been sentenced to seven years in federal prison for swindling more than $1 million from clients by collecting annuity premiums for policies that he never purchased, the U.S. Attorney’s Office, Northern …

State Farm Sues Norfolk Southern Over Ohio Train Derailment Damages

State Farm Insurance brought forth a subrogation lawsuit last week against Norfolk Southern over damages to a pair of East Palestine, Ohio homes allegedly caused by the railroad company’s February 2023 train derailment. State Farm filed a complaint in Columbiana …

Agency Aggregator Union Bay Acquires Michigan’s Skar Insurance

Union Bay Acquisition LLC, an aggregator of insurance agencies agent based in Lansdale, Pennsylvania, has acquired Skar Insurance Group of Rockford, Michigan. Terms were not disclosed. Skar Insurance specializes in trucking insurance with presence in Illinois, Indiana, Michigan, Mississippi, Ohio …

Iowa Enters Settlement With Cryptocurrency Firm Abra

The Iowa Insurance Division announced it entered a settlement in principle with a group of affiliated companies commonly known as Abra. The settlement addresses Abra’s alleged offer and sale of interest-bearing cryptocurrency depository products referred to as Abra Boost and …

Wisconsin Governor Signals He Won’t Sign Bill to Fight PFAS

MADISON, Wis. (AP) — Democratic Gov. Tony Evers signaled Wednesday that he has no intention of signing a Republican bill that would spend tens of millions of dollars to address pollution from the so-called forever chemicals known as PFAS because …

Iowa School District to Pay $20K to Settle Gender Policy Lawsuit

MARION, Iowa (AP) — An Iowa school board has reached an agreement resolving a lawsuit over a now-rescinded district policy that allowed students to request a gender support plan to begin socially transitioning at school, without the permission of their …

People Moves: VIAA Names Drda Alliance Coordinator; Alliant Names Cohan Employee Benefits Group VP in Kansas City

VIAA Names Drda Alliance Coordinator Valley Insurance Agency Alliance (VIAA), a cohesive family of more than 160 independent insurance agencies in Missouri and Illinois, hired David Drda as an alliance coordinator. Drda has 12 years of insurance industry experience, previously …

City of Chicago Sues Oil and Gas Corporations for Climate Change Deception

The City of Chicago is suing six oil and gas corporations and their largest trade association for deceiving Chicago consumers about the climate change dangers associated with their products, mayor Brandon Johnson announced this week. The city filed a nearly …

Biden Approves Disaster Declaration for North Dakota December Ice Storm

BISMARCK, N.D. (AP) — President Joe Biden has approved North Dakota Gov. Doug Burgum’s request for a major disaster declaration related to a Christmastime ice storm that toppled power lines and left thousands of people without power. Burgum’s office announced …

Michigan Department of Insurance Recovers $19.5M for Consumers in 2023

The Michigan Department of Insurance and Financial Services (DIFS) announced that the department helped recover more than $19.5 million for Michigan consumers in 2023. In addition, DIFS staff answered nearly 140,000 consumer phone calls, a single year record, and handled …

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