Flooding from recent heavy rains has caused $30 million dollars in damage in northwestern Wisconsin. State emergency management officials said that storms have caused nearly $1.8 million in damage to homes and businesses. Damage to roads, bridges and trails is …
Wisconsin-based M3 Insurance has promoted Tim Cleary, Matt Cranney, Nezih Hasanoglu and Zach Penshorn to vice president positions. Cleary, Cranney, Hasanoglu and Penshorn have accepted these leadership roles, respectively, in the areas of Sales for Property/Casualty, Insurance Operations, Business Development …
Cincinnati Financial Corp. reported that the Cincinnati Insurance Companies’ property/casualty group expects its second-quarter results to include pretax catastrophe losses of approximately $160 million to $170 million. That loss amount represents an impact on the second-quarter 2016 combined ratio of …
Swiss Re Corporate Solutions has added Christine Harman as senior vice president, head of Casualty, and named Gabriel Poppie as senior vice president, head of Sales, for its U.S. Central Region. Both are based in Chicago. Harman will be responsible …
Chicago police are asking people who’ve had construction equipment stolen in recent months to report to a West Side district station to identify items allegedly found in a man’s home. Police say investigators found $750,000 to $1 million in stolen …
Indiana-based Oak Street Funding a commercial lender to financial services business nationwide, is relocating its offices from Carmel to Indianapolis. The company said in its announcement that the move will accommodate recent and projected future growth. Oak Street Funding has …
Federal safety and health investigators have cited Altamont Ambulance Service Inc. in Fairview Heights, Ill., for workplace safety and health violations and find the company $290,100. The federal Occupational Safety and Health Administration said Altamont failed to follow specific guidelines …
A.M. Besthas upgraded the financial strength rating to A (Excellent) from A- (Excellent) and the issuer credit rating to “a” from “a-” of Preferred Physicians Medical Risk Retention Group Inc. (Preferred Physicians) in Kansas City, Mo. The outlook for each …
Recent storms that have dropped heavy rain and hail across North Dakota have caused headaches for motorists, farmers and homeowners. Weekend storms caused widespread crop and building damage in the Killdeer area, where hail piled up like snowbanks. Wahpeton got …
The Allstate Corp. has promoted Patrick Macellaro, vice president, Investor Relations, to president of the Encompass insurance companies. Macellaro will report to Don Civgin, president, Emerging Businesses. Macellaro has more than 20 years of experience in the insurance and finance …
