Wisconsin News

Business Moves

Western National, American Mutual Western National Insurance Group of Edina, Minn., plans to affiliate with Wisconsin American Mutual Insurance Co. of Fond du Lac, Wis. The transaction is expected to close before fall 2010. Wisconsin American is expected to continue …

26.4% The U.S. Department of Agriculture said crop insurance companies posted profits of 26.4 percent last year, and the federal government wants to reduce its spending on crop insurance. Participating farmers pay premiums but the government subsidizes the program to …

People

Alternative market insurance provider, Safety National in St. Louis, Mo., promoted Senior Vice President John Csik to the position of chief financial officer and treasurer. Csik takes over these positions from Duane Hercules, who will continue in his position of …

Ratings: Partners Mutual, Farmers (NJ), Premier Group, United Farm Indiana, Real State, Kansas Med Mutual

A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating of ‘B+’ (Good) and issuer credit rating of “bbb-” of Wisconsin-based Partners Mutual Insurance Company. Best said the negative outlook reflects “Partners’ trend …

OSHA, Mexican Consulate to Promote Worker Safety in Illinois, Wisconsin

The U.S. Department of Labor’s Occupational Safety and Health Administration has signed an alliance with the Consulate General of Mexico in Chicago as part of an effort to provide Mexican nationals in Illinois and Wisconsin with access to education and …

Wisconsin Governor Signs Laws to Protect Public Service Workers

Wisconsin Gov. Jim Doyle has signed into law two bills that will protect firefighters, police officers and other public service workers and their families. The first bill, Senate Bill 520, requires that municipalities pay health insurance premiums for the families …

Wisconsin Recovered More than $4.3 Million From Insurers

Wisconsin’s Office of the Commissioner of Insurance recently released its 2009 Insurance Complaints and Administrative Actions report summarizing the complaints received across all lines of insurance covering insurer activities such as underwriting and rating, marketing and claims processing. During 2009, …

West Bend Mutual’s Argent Moves to Waukesha, Wisconsin

Argent, West Bend Mutual Insurance Company’s monoline workers’ compensation division, has moved from West Bend’s home office to a new division home in Waukesha, Wis. The office currently has a staff of 10 and Argent expects to create thirty new …

Workers’ Comp Drug Costs in Wisconsin 30% Lower Than Median

The cost per claim of prescription drugs used to treat injured workers in Wisconsin was significantly lower than in most study states, according to a new report by the Workers Compensation Research Institute (WCRI). The 16-state study by the Cambridge, …

Wisconsin Gov. Signs Texting Bans; Insurers Warn Against All Distractions

Wisconsin Gov. Jim Dolye has signed legislation banning drivers from sending text messages while driving. Wisconsin joins Iowa, Kentucky, Michigan, Nebraska and Wyoming as the states to pass laws that ban all drivers from sending text messages this year, according …