Minnesota News

Legislative Auditor to Review Minnesota’s Health Insurance Exchange

Minnesota’s legislative auditor said he plans to conduct a thorough, independent review of the troubled launch of Minnesota’s health insurance exchange. “The evaluation will be a comprehensive, in-depth evaluation of many issues related to the development of the website but …

All Target Data Breach Cases to Be Heard in Minnesota

The U.S. Judicial Panel on Multidistrict Litigation ordered that the many lawsuits that accuse Target Corp. of failing to protect customers from a data breach will be consolidated in the retailer’s home state Minnesota. The order brings together 33 lawsuits …

Winter Storm Leads to 1,000 Crashes, 2,300 Spinouts in Minnesota

State troopers last weekend responded to nearly 1,000 crashes across Minnesota, plus another 2,300 vehicles that spun out or ran off the road. Driving conditions remained difficult early Saturday afternoon. Road crews were out in force, but the combination of …

Barnes to Lead Personal Insurance Unit at Wells Fargo Insurance in Minneapolis

Wells Fargo Insurance, part of Wells Fargo & Co., named Stefani Tygar Barnes as head of its personal insurance segment in Minneapolis, Minn. Barnes will lead a team dedicated to providing auto, home, renters, life, health, and umbrella insurance products …

Johnson Joins PCG Agencies in Minnesota

Craig Johnson has joined St. Paul, Minn.-based PCG Agencies Inc. as a personal risk manager and insurance producer. Johnson has an extensive sales background. Founded in 1982, PCG Agencies is a personal property/casualty insurance and risk management firm headquartered in …

Minnesota to BP: Insurance Money Plus State Funds Equals Double Dipping

Minnesota is suing British Petroleum for $25 million, alleging the company double dipped when it sought state funds on top of insurance payments to clean up contamination from leaking petroleum storage tanks. The Department of Commerce and Minnesota’s Petrofund Board …

Ventura: ‘American Sniper’ Lawsuit Aimed at Insurer, not Widow

Former Minnesota Gov. Jesse Ventura contends he isn’t going after the widow of slain “American Sniper” author Chris Kyle by continuing his defamation lawsuit, but rather the publisher’s insurance company. “It’s not me against her,” Ventura said in an interview …

Home Insurer Universal P&C to Enter Indiana, Minnesota, Delaware

Universal Property & Casualty Insurance Co. (UPCIC), headquartered in Florida, has applied to expand into Indiana, Minnesota and Delaware. UPCIC is one of the leading writers of homeowners insurance in Florida and a fully licensed operator in North Carolina, South …

Munich Re Opening New Office in Minnesota

Global reinsurer, Munich Re, announced it is expanding its presence in the U.S. health reinsurance business with the opening of a new regional office in Minnetonka, Minn. The company said this decision was taken to seize opportunities arising from the …

All Risks Ltd. Acquires Minnesota-Based Stonebridge Underwriters

Independent insurance wholesaler, All Risks Ltd. announced it has acquired Stonebridge Underwriters, a national general agency and program administrator, based in St. Paul, Minn. Stonebridge Underwriters offers a variety of competitively priced, multi-line programs that were developed to support underserved …