Midwest News

Risk Strategies Acquires Ohio’s Benefits Network Insurance Agency

Risk Strategies Co., a privately held national insurance brokerage and risk management firm, has acquired Benefits Network Insurance Agency (BNIA), a specialist brokerage focused on the development of employee benefits plans. Terms of the deal were not disclosed. Headquartered in …

Iowa Hospitality Industry Seeks Dram Insurance Law Changes

The Iowa Restaurant Association reported it is asking state lawmakers to pass dram insurance reform that would make it possible for restaurant and tavern operators to secure better policies to help compensate innocent victims if an intoxicated person causes harm …

In Turnabout, Wisconsin Governor Moves to Stabilize Insurance Market

In a tack to the left in an election year, Wisconsin Republican Gov. Scott Walker announced Sunday that he wants a state law that would bar insurers from denying a person health coverage due to a pre-existing condition. He also …

Professional Liability Insurance Brokerage, Gemini Risk, Launched in Michigan

Experienced lawyers and insurance professionals David Kramer and Theodore Nittis have launched Gemini Risk Partners as an independent professional liability insurance brokerage in Bloomfield Hills, Michigan. The firm will focus on serving law firms, as it did when it was …

Insurance Education Scholarships Available for Missouri Students

The Missouri Department of Insurance announced that high school seniors and college students who are Missouri residents are eligible to apply for Missouri Insurance Education Foundation (MIEF) scholarships. The deadline is March 31. Four, $1,500 scholarships are awarded to graduating …

Ratings Outlooks Revised to Positive for South Dakota Insurer

A.M. Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” of Northwest G.F. Mutual Insurance Co. (NWGF) in Eureka, South Dakota. The ratings …

Banker Survey Suggests Midwest, Plains Economy Still Lags in Rural Areas

Declining numbers in a new monthly survey of bankers suggests the economy remains weak in rural parts of 10 Plains and Western states. The overall economic index for the region dropped to 46.8 this month, compared with the December reading …

$2M in Liability Insurance Required for White Nationalist Speech at Michigan State

Michigan State University has agreed to allow white nationalist Richard Spencer to speak on campus during spring break. The deal says Spencer can appear on March 5, but he’ll be at the livestock pavilion auditorium, away from the heart of …

Sioux Falls, S.D., Scores Record Year for Commercial Construction

Commercial construction climbed to another record-breaking year in Sioux Falls. Building permits issued in 2017 for commercial projects reached $739 million. City leaders say it’s the fifth year in a row that construction has reached record-breaking levels. The city’s biggest …

Nationwide Chief Information Officer Keller to Retire

Columbus, Ohio-based insurer, Nationwide, announced that Chief Information Officer Michael Keller will retire from his role later this year. Keller has been the CIO for Nationwide since 2001. The company anticipates it will name Keller’s successor sometime in the second …

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