Deerfield, Illinois-based employee benefits, property/casualty, risk management and wealth management firm, Alera Group, has acquired Hallberg Commercial Insurers Inc. in Oakbrook, Illinois. Hallberg Commercial provides employee benefits, risk management and insurance services to clients in the Chicagoland area. Through loyalty, …
What’s in a name? When St. Louis-based Powers Insurance and Benefits changed its name in August to Powers Insurance & Risk Management, it was a strategic move that had been in the works for several years, intended to reflect a …
Grinnell, Iowa-based property and casualty insurer/reinsurer, Grinnell Mutual, has named Dave Wingert, executive vice president and chief operating officer, to serve as acting president. Larry Jansen retired on Dec. 15 after a 38-year run with the company, serving the last …
Highland Risk Services Inc. has added Matt Prewitt to its wholesale brokerage as vice president. Prewitt is based at Highland’s headquarters in Chicago, Illinois. Prewitt brings 15 years of insurance experience to enhance and expand Highland Risk Services’ business production …
Workers’ compensation insurer, Missouri Employers Mutual (MEM), has announced a third round of safety grant recipients after awarding safety grants to 37 Missouri businesses previously. Safety grants help Missouri businesses take the next step toward improving workplace safety. All of …
A.M. Best announced it has has downgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb” from “bbb+” and affirmed the Financial Strength Rating (FSR) of B++ (Good) of Affinity Mutual Insurance Co. (AMIC) in Lima, Ohio. The outlook of …
A suburban Detroit insurance agent has been sentenced to at least six years in prison for embezzling more than $800,000 from a dozen elderly clients. Paul Garceau Jr. of Grosse Pointe Park had pleaded guilty to embezzlement by an agent …
PolyMet Mining Corp. is offering the state a $544 million package of financial assurances to serve as an insurance policy to protect taxpayers from potentially having to cover the costs of closing and cleaning up a controversial copper-nickel mine it …
Strong winds are fanning the flames of a growing wildfire in South Dakota, pushing the fire beyond the borders of the Custer State Park and prompting new evacuations. Custer County Emergency Management director Mike Carter said Wednesday that residents of …
Medical payments per workers’ compensation claim in Michigan were among the lowest of 18 state workers’ compensation systems analyzed in a new study by the Workers Compensation Research Institute (WCRI). The study, CompScope Medical Benchmarks for Michigan, 18th Edition, examined …
