September 20, 2017
Prosecutors say a former Kansas banker has been sentenced to prison eight months in prison for a wire fraud scheme that included the theft of funds from Labette Bank and its insurance company subsidiary, as well as filing false tax …
September 19, 2017
A U.S. Census Bureau report has found that Indiana had 373,000 fewer people without health insurance last year than three years earlier. The report released last week said about 8 percent of Indiana residents, or about 530,000 people, lacked medical …
September 19, 2017
Iowa’s governor and the organization that sets workers’ compensation rates are disputing whether a new law influenced a recent rate reduction in premiums for employers. The National Council on Compensation Insurance announced an 8.7 average premium reduction for Iowa employers …
September 19, 2017
Bold Penguin, a Columbus, Ohio-based insurtech providing an online marketplace for commercial lines property and casualty (P/C) agents, has hired former Ohio Deputy Treasurer Seth Metcalf as the company’s chief financial officer (CFO). Most recently, Metcalf spearheaded several initiatives targeting …
September 18, 2017
An Iowa judge has ruled that the details of “shadow insurance” subsidiaries created by several life insurers can remain confidential. Indiana University professor emeritus Joseph Belth sought the documents last year under Iowa’s open records law, saying he believes they …
September 18, 2017
RLI Corp. in Peoria, Ill., has added Bryan Fowler to serve as its new vice president, chief information officer (CIO). Fowler will be responsible for leading RLI’s IT strategy and initiatives to support company business goals. He comes to RLI …
September 18, 2017
Seeman Holtz Property & Casualty Inc. has acquired DernCo Insurance, headquartered in Milwaukee, Wis. Serving both Wisconsin and Colorado for more than 25 years, Rich Dern and his team have been offering a full spectrum of insurance products from numerous …
September 15, 2017
Fifth Third Insurance Agency Inc., an indirect, wholly owned subsidiary of Cincinnati, Ohio-based Fifth Third Bancorp, has agreed to acquire Epic Insurance Solutions Agency LLC, which also recently announced it will acquire Integrity HR Inc. Both transactions are expected to …
September 15, 2017
A former Illinois county board chairman who also previously worked for State Farm Insurance Co. as a consultant has been sentenced to 12 months and a day in federal prison after being convicted of a wire fraud scheme. In November, …
September 15, 2017
Crop Pro Insurance, a Des Moines, Iowa-based managing general agent (MGA) specializing in crop insurance, has expanded its experienced leadership team with the addition of Brian Donaghy as director of Data Science. Donaghy brings more than 20 years of experience …