Minnesota News

Workers’ Comp Costs per Claim Rise in Minnesota

Workers’ compensation costs per claim for injured workers in Minnesota have grown, but at a slower pace than other study states, according to a study by the Workers Compensation Research Institute (WCRI). Minnesota’s costs per claim remain among the lowest …

Minnesota WWII Plane Museum Needs Fire Sprinklers

Members of a nonprofit Minnesota group that maintains a collection of World War II-era planes are scrambling to find money for fire sprinklers for the hangar that houses the vintage exhibit. Officials in South St. Paul have told the all-volunteer …

Red River Flood Mitigation Plan Requires State, Local Approvals

The U.S. Army Corps of Engineers says it needs formal approval from state and local officials in two states by April 11 to keep alive the latest version of a planned Red River diversion around Fargo and neighboring Moorhead, Minn. …

Minnesota Real Estate Closer, Insurance Agent Fined $420K

The Minnesota Department of Commerce has ordered a Forest Lake real estate closer and insurance agent to pay a civil penalty of $420,000. The department says an investigation found that Cynthia Strand misappropriated $1.3 million in client funds for her …

Minnesota’s Western National Insurance Announces New Management Roles

Western National Insurance Group (WNIG), headquartered in Minnesota, has partially realigned its management team. The following members of WNIG’s management team have assumed new roles: Jeff Couchman, formerly vice president – Corporate at Western National Mutual Insurance Co. (WNM) and …

Minnesota Man Imprisoned After Crash Sues Toyota

Attorneys for Toyota Motor Corp. asked a federal judge this week to dismiss most of the claims filed by a Minnesota man who was incarcerated after a fatal crash involving a 1996 Camry, saying the automaker had no direct connection …

Minnesota Gov. Picks Rothman To Head Commerce Department

Minnesota Gov. Mark Dayton has appointed Mike Rothman the new Commissioner of Commerce. The Department of Commerce and Revenue regulates the business of insurance in the state. Rothman was most recently an attorney with the firm of Winthrop & Weinstine …

Lydecker, Downs Named Brown & Brown Regional Presidents

Brown & Brown Inc. reports that Charles H. Charlie Lydecker has been elected regional president responsible for a number of the company’s retail operations in the state of Florida and for certain of its retail operations in Arizona, New Jersey, …

Midwest Insurers Austin Mutual and Cooperative Mutual Complete Merger

Minnesota-based Austin Mutual Insurance Company, a regional property and casualty insurer, announced it has completed its merger with Cooperative Mutual Insurance Co. located in Omaha, Neb. The previously announced merger of the companies will result in projected combined assets of …

Marsh & McLennan Agency Acquires Minnesota-based RJF Agencies

Marsh & McLennan Agency LLC (MMA), a subsidiary of insurance broker Marsh Inc., announced it has RJF Agencies Inc., one of the largest independent insurance agencies in the upper Midwest. Terms of the transaction were not disclosed. Founded in 1986, …