Midwest News

Missouri’s POWERS Insurance and Benefits Adds Bender

POWERS Insurance and Benefits, headquartered in the St. Louis, Mo., area, has hired Robin Bender as a personal account manager. Bender will assist producers in acquiring new business, as well as handling the sales and service of specific POWERS’ clients. …

A.M. Best: Outlook Positive for Wolverine Mutual Insurance

A.M. Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term ICR of “bbb” of Wolverine Mutual Insurance Co. (Wolverine), …

Short Joins XL Catlin’s Excess Casualty Unit in Kansas City

Alan F. Short has joined XL Catlin’s Excess Casualty team as a senior underwriter in Kansas City. Short brings 30-plus years of broker and underwriting experience, including his recent tenure as an underwriting consultant with CNA. Source: XL Catlin

Ohio-Based HORAN Promotes Bogdan-Powers, Adds Cheesman

Cincinnati, Ohio-based employee benefits and wealth management firm, HORAN, has promoted Valerie Bogdan-Powers to chief business development and client relations officer for HORAN’s Health Benefits Department, and appointed Keith Cheesman as to chief operating officer for HORAN Securities. Bogdan-Powers joined …

Ohio Woman Sentenced, Must Repay $21K in Insurance Fraud Case

Ohio Lt. Gov. Mary Taylor said Tuscarawas County resident Tiffany Frame has been sentenced to two years of community control supervision and ordered to complete 250 hours of community service for committing insurance fraud. She was also ordered to pay …

Illinois Treasurer Wants to Ensure Life Insurance Payouts

A measure backed by Illinois’ treasurer could help ensure that insurance companies have paid out money properly to beneficiaries of life insurance policies. The proposed legislation would require companies to examine the past 20 years of their records to ensure …

Illinois to Congress: Don’t Be ‘Hasty’ with Health Law Repeal

Illinois Gov. Bruce Rauner’s administration has sent a letter to GOP congressional leaders asking them to avoid “hasty” or “incomplete” action as they proceed with a planned repeal of the Affordable Care Act. The Jan. 17 letter says Congress and …

Indiana Objects to Peabody Bankruptcy Plan, Cites Mine Cleanup Costs

Indiana and several environmental groups are objecting to a plan by Peabody Energy Corp to exit its $8 billion Chapter 11 bankruptcy, citing concerns over how the company will cover about $1 billion in future mine cleanup costs. Most creditors …

Kansas Wildlife Investigation Uncovers Insurance Fraud

An investigation into possible wildlife violations uncovered unrelated insurance fraud evidence that led to a recent criminal conviction in Kansas. Lawrence E. Payne, Overland Park, was sentenced Dec. 6, 2016, to serve 30 days in jail and 24 months’ probation …

Minnesota May Tap Rainy-Day Fund to Help Cover Insurance Hikes

Minnesota would use state money to offset the health premium hikes for more than 100,000 residents under a measure legislators were considering on Jan. 19, a novel approach as states across the country grapple with the rising costs and uncertain …

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