Wisconsin News

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Commercial Construction Liability Market Detail: Insurance Specialty Group presents PrimeSTARR, an ISO-based commercial construction general …

American Alternative Insurance Partners with PersonalUmbrella.com

PersonalUmbrella.com of Emeryville, Calif., announced that American Alternative Insurance Corp. (AAIC) will be the insurer of its online personal umbrella program. AAIC is a subsidiary of Munich Re America Corp. and an affiliate of Munich Reinsurance America Inc. The company …

Wisconsin Local Governments to Share $12M in Property Insurance Credits

Wisconsin insurance officials plan to hand $12 million in property insurance credits back to local governments next year. Wisconsin municipalities can pay into a state account in exchange for insurance on public property. State auditors reported in June the account …

CEO Benmosche Believes AIG Employees’ Compensation Too Low

American International Group Inc.’s tough talking chief executive has reportedly threatened to quit, but the giant insurer, which is showing signs of life after its brush with bankruptcy last year, could do fine without him. Robert Benmosche threatened to quit …

Wisconsin Republicans Rail Against Auto Insurance Provisions

Republican legislators in Wisconsin are trying to muster support for a bill that would repeal new minimum car insurance levels. The state budget Gov. Jim Doyle signed earlier this year required all motorists to purchase liability insurance. The budget also …

Wisconsin Young Adults May Stay on Parents Health Plan Longer

A new state law taking effect in Wisconsin on Jan. 1, 2010, allows young adults up to age 27 to remain on their parents’ health insurance plans unless they have access to cheaper plans through their employers. Gov. Jim Doyle …

Blame Shifting Begins Over Costlier Auto Premiums in Wisconsin

As insurance companies begin mailing notices to Wisconsin customers telling them that their premiums are likely to increase soon, state politicians are scrambling to avoid the blame. The first changes expected to affect premiums started Nov. 1 with more coming …

People

Aon Corp. has named John Bayeux as managing director of Aon Risk Services. Bayeux has 22 years of experience as a risk manager and insurance broker in the financial institutions sector. He will work with clients, the financial institutions markets …

It Figures

$14.7 Million The State of Ohio has been awarded a $14.7 million judgment against four defendants in a case involving a hazardous waste treatment facility that was not shut down properly. The Montgomery County Common Pleas Court found that Republic …

States and Cell Phone Driving Laws

A jurisdiction-wide ban on driving while talking on a hand-held cell phone is in place in 7 states (California, Connecticut, New Jersey, New York, Oregon, Utah, and Washington) and the District of Columbia. Utah has named the offense careless driving. …