Midwest News

NFP Acquires Chicago’s Schwartz Insurance Agency

Insurance broker and consultant, NFP Corp., has acquired Schwartz Insurance Agency Inc. (SIA), located in the Chicago area. SIA is a third-generation insurance broker specializing in commercial lines. The firm joins NFP Property & Casualty’s Midwest region, where Michael L. …

Midwest Employers Casualty Adds Branco as Medical Director

Midwest Employers Casualty Company (MECC), which specializes in excess workers’ compensation, has hired Dr. Fernando S. Branco as medical director. Branco will lead a team of six medical management consultants who work with third party administrators to implement interventions to …

Michigan Regulators OK Meadowbrook/Fosun International Transaction

Michigan insurance regulators have approved the acquisition of Southfield-based Meadowbrook Insurance Group Inc. by China’s Fosun International Limited. Meadowbrook Insurance Group announced that it received the required regulatory approvals from the Michigan Department of Insurance and Financial Services on June …

Ohio Settles with Rock Salt Firms, Sets Up Online Claims Process

Ohio has introduced an online claims process to allow local governments to claim a share of the $11.5 million settlement with two rock salt producers that state officials say conspired to drive up prices. Public entities in the state that …

Michigan Lawmakers OK Alcohol on Liability-Insured ‘Pedal Pubs’

People would be able to drink alcohol on certain pedal-powered vehicles under legislation going to Michigan Gov. Rick Snyder for consideration. The state House on June 18 gave final approval to the two bills. The bills would allow alcohol to …

Feds Want Proceeds from Convicted North Dakota Farmers’ Property Sale

Prosecutors are asking a judge to allow the government to seize money from an auction sale by two North Dakota brothers who were ordered to pay back more than $900,000 for intentionally destroying potatoes to collect federal crop insurance payments. …

Sedgwick Claims Subsidiary Buys Michigan’s Ternullo & Assoc.

Unified Investigations & Sciences Inc., a subsidiary of Sedgwick Claims Management Services Inc., has acquired Stephen Ternullo & Associates, a provider of structural engineering, forensic investigations and fire investigation services to the property and casualty insurance market and architects, developers …

Ketabchi Named AVP at American Financial Group

Cincinnati, Ohio-based American Financial Group Inc. has promoted Kyle W. Ketabchi to assistant vice president. In her new role, Ketabchi will continue to manage the corporate marketing and branding functions for Great American Insurance Group and American Financial Group, and …

U.S. Sues Wisconsin’s Spectrum Brands over Coffee Pot Handles

The U.S. Consumer Product Safety Commission is suing Middleton, Wis.-based Spectrum Brands for allegedly failing to report a problem with coffee pot handles that could detach, creating a risk of burns. The lawsuit was filed in federal court in Madison. …

Illinois’ Harper College to Host Zurich’s Apprenticeship Program

A global insurance company is teaming up with a Chicago-area community college to create what they believe is the first-of-its-kind insurance apprenticeship program in the United States and one they hope will become an industry standard in this country for …

Midwest News Archives by Month