Minnesota News

Krauze Named President for North American Retail Unit Willis HRH

Global insurance broker Willis Group Holdings has named Vic Krauze as president of Willis HRH, its North American retail business. Krauze will retain his current responsibilities as chief operating officer of Willis HRH and will continue to report to Don …

Cleanup Starts After Tornadoes, Storms Slam Midwest States

Residents began cleaning up Aug. 20 after tornadoes and severe storms slammed a large part of the Midwest, tearing the roofs from buildings and overturning vehicles. The National Weather Service in Davenport, Iowa, confirmed that a tornado touched down Aug. …

Family Health Insurance Premiums Seen Rising 94% by 2020

Nationally, family premiums for employer-sponsored health insurance increased 119 percent between 1999 and 2008, and could increase another 94 percent to an average $23,842 per family by 2020 if cost growth continues on its current course, according to a new …

Iowa, Minnesota Get ‘A’, 9 States ‘F’ in Best, Worst States for Workers’ Comp

Iowa, Kansas, Minnesota, Utah and Virginia do the best job handling workers’ compensation injuries, while Louisiana, New Jersey, New York, Oklahoma, Rhode Island, Texas and Wyoming perform the worst. That’s according to the latest report card from the California-based Work …

Car Dealers in the Storm: Dealers Left Standing Will Be Stronger, Leaner

Some automobile shoppers may be abandoning car makers but insurance carriers and brokers remain dedicated partners, experts say. Yet no one can deny that tough times have fallen on many of the nation’s car dealers who seem to be caught …

Survey: Midwest Economy Improving

The Institute for Supply Management, formerly the Purchasing Management Association, began formally surveying its membership in 1931 to gauge business conditions. The Creighton Economic Forecasting Group uses the same methodology as the national survey to consult supply managers and business …

Ingenix-Based Health Treatment Charges Under Scrutiny in Florida

Florida insurance regulators are looking into whether some Florida health plans have been using a flawed fee schedule to pay out-of-network doctors for their members’ treatments. If so, patients have been shouldering more than their fair share of the bill …

Unsafe Truck, Bus Operators Told to Shut Down Are Still on Roads

Hundreds of tractor-trailer and bus companies ordered to shut down because of federal safety violations ranging from suspended licenses to possible drug use have stayed on the road by using different names, investigators say. The study by the Government Accountability …

2008 Losses Lead to Record Insurance Payments to Midwest Farmers

The National Crop Insurance Services (NCIS) trade group says a record $8.6 billion in crop insurance indemnity payments has been distributed to U.S. farmers for crop losses in 2008, and a lot of that money went to farmers in the …

Home Values Vs. Rebuilding Costs

Zillow.com: Year-Over-Year Median Sale Price, 6/1/08 to 5/31/09 Xactware: Increase/decrease in cost to rebuild, 1/1/09 to 5/31/09 Xactware: Cost to rebuild year over year, 6/1/08 to 5/31/09 Home Values Vs. Rebuilding Costs State Zillow.com Xactware Xactware Nevada -29.59% 1.00% 4.96% …