For the first time in 15 years Delaware’s court system has lost the top spot in a key business survey, ceding its place to South Dakota, according to a Monday poll conducted by an arm of the U.S. Chamber of …
Global insurance brokerage Hub International Limited (Hub) has acquired the assets of Wisconsin-based Stellarus Benefits Inc. (Stellarus). Terms of the acquisition were not disclosed. With offices in Brookfield and Appleton, Wisconsin, Stellarus specializes in employee benefits. Stellarus President Christy Schwan …
A group defending Michigan’s auto insurance system says it has uncovered instances of insurers illegally selling more expensive policies to women and widowed drivers, raising questions about state oversight of rating practices as the industry pushes lawmakers to contain high …
Wisconsin is among a handful of states that are covering student athlete concussions with a new insurance policy from the state’s regulatory body for all high school sports. The Wisconsin Interscholastic Athletic Association will have access to concussion insurance free …
Columbus, Ohio-based State Auto Insurance Group (State Auto) is reviewing options for its excess and surplus (E&S) lines business, including a possible sale, the company said in an announcement. State Auto has a market valuation of about $981 million, according …
Arthur J. Gallagher & Co. has acquired Nebraska-based Lincoln Financial Management LLC. Terms of the transaction were not disclosed. Founded in 1993 by Stephen Letts and later acquired by Cyrus Kiani, Lincoln Financial Management is an employee benefits consultant and …
A.M. Best has downgraded the Financial Strength Rating (FSR) to A- (Excellent) from A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “a-” from “a” of Kansas Medical Mutual Insurance Co. (KaMMCO) in Topeka, Kan. The outlook of …
Chicago aldermen have agreed to pay $9.5 million to a man who suffered catastrophic injuries when he struck his head on the pavement after being shocked by a police Taser. The settlement approved by the city council adds to the …
Any proposal to automatically cut premiums for Michigan drivers would be “dead” on arrival in the Republican-led Senate, Majority Leader Arlan Meekhof said, bringing into question lawmakers’ long-sought aim to enact major auto insurance changes. Meekhof, on the Legislature’s first …
Merrill, Wisconsin-based Church Mutual Insurance Co. aims to position the company for continued growth and opportunity with five executive promotions. Breigh Voigt has been promoted to vice president of commercial operations. Voigt joined CMIC in 1994 and has held roles …
