Minnesota News

ACE’s U.S. Subsidiaries Upgraded

A.M. Best Co. upgraded the financial strength ratings to “A+” (superior) from “A” (excellent) and assigned issuer credit ratings of “aa-” to ACE Westchester Specialty Group, headquartered in New York, and ACE American Pool of Pennsylvania. The upgrades represent rating …

People – Southeast

Bob Maeyama Ronald L. Alexander has been named president and managing partner of Willis Group Holdings Ltd.’s Tennessee operations in Knoxville, Tenn. Alexander was formerly executive vice president and chief operating officer of Willis’s Tennessee operations. Polly Middlebrook Alexander will …

Forged State Check Scam Centers on Ark.

Arkansas Attor-ney General Mike Beebe’s office said it is among several state and federal agencies investigating an international scam involving forged copies of State of Arkansas checks. Operating from Turkey and possibly Latvia, the scam artists send out counterfeit checks, …

NAMIC ENCOURAGES RATE MODERNIZATION IN HAWAII:

The National Association of Mutual Insurance Companies has told a Hawaii legislative committee that passing rate modernization laws would benefit state commerce and insurance consumers. According to NAMIC State Affairs Manager Christian John Rataj, rate modernization would: Promote greater market …

More Than Half of Minn. Employers Offer Med Benefits

More than half of Minnesota employers offer paid medical insurance to full-time employees, according to the 2005 Minnesota Employee Benefits Survey. About 53 percent of firms offer paid medical insurance, while just 12 percent offer benefits to part-time employees, according …

St. Paul Travelers Donates $4.1 Million in Q2

St. Paul Travelers and its two private foundations donated more than $4.1 million in the second quarter of 2005 to support community organizations based in the Twin Cities area of Minneapolis and St. Paul, Minn., and in the Hartford, Conn., …

People – Midwest

Scott Brener The National Association of Government Labor Officials (NAGLO) during its 2005 summer conference elected Minnesota Department of Labor and Industry Commissioner Scott Brener president. John Robinson With members from more than 30 U.S. states, NAGLO focuses on sharing …

People

The National Association of Government Labor Officials (NAGLO) during its 2005 summer conference elected Minnesota Department of Labor and Industry Commissioner Scott Brener president. With members from more than 30 U.S. states, NAGLO focuses on sharing information and developing policy …

Increase in Midwestern Insured Crop Acres Eases Drought Threat

Farmers in Midwestern states like Kansas have more than doubled the acres they insure and tripled their dollar amount of coverage since 1989, according to recent statistics. It’s a trend that could mitigate financial hardships arising from spring and summer …

Minn. Commerce Dept. Provides Info for Military Families

As a service to the state’s military personnel, the Minnesota Department of Commerce Web site will provide insurance and financial information especially for National Guard and Reservists preparing for deployment to Iraq. Minnesota and federal law have certain provisions for …