Wisconsin News

Outlook Negative for Wisconsin’s Partners Mutual Insurance

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 Partners Mutual Insurance Company (Partners) of Waukesha, Wis. The negative outlook reflects Partners’ …

Wisconsin to Intensify Brake Inspections on Commercial Trucks

The Wisconsin State Patrol is increasing air brake inspections on large trucks as part of an annual, national safety effort. The goal of Operation Air Brake, which begins May 5, is to reduce large truck crashes and make highways safer. …

Judge: Brown University Rape-Accusation Suit Can Proceed

A student who says he was falsely accused of rape by a Brown University classmate can move forward with his lawsuit against the Ivy League school, a federal judge ruled. William McCormick III filed a federal lawsuit that accused the …

Western National Insurance Sees Rise in Surplus in Q1 2010

Western National Insurance Group in Edina, Minn., reported $5.5 million increase in policyholder surplus during the first quarter of 2010 over the amount reported at the end of 2009, as well as a 4 percent rise in the company’s combined …

People

Cincinnati, Ohio-based American Empire Surplus Lines Insurance Co. (AESLIC) has named Frederick J. Woebse president and chief operating officer. He succeeds Robert Nelson, who was named chairman and chief executive officer, until the time of Nelson’s retirement in July 2010. …

Wisconsin’s Rural Mutual Insurance Co. Ratings Upgraded

A.M. Best Co. has upgraded the financial strength rating to A (Excellent) from A- (Excellent) and issuer credit rating to “a” from “a-” of Rural Mutual Insurance Company (Rural Mutual) in Madison, Wis. The outlook for both ratings has been …

Western National Insurance Affiliates with Wisconsin American

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

United Heartland Names Two New Executives

Lisa Wills has been appointed the new vice president of Strategic Planning and Corporate Relations at workers’ compensation services and insurance provider United Heartland in New Berlin, Wis. In addition, Janine Tracy has been appointed United Heartland’s new director of …

United Heartland Names Donovan Vice President of Field Operations

United Heartland, a property and casualty insurance company based in New Berlin, Wis., has appointed Greg Donovan as vice president of Field Operations. Donovan will join United Heartland’s executive team and be responsible for the Underwriting and Risk Management Services …

Illinois Injured Worker Prescription Drug Costs Lower Than Study Median

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