Wisconsin News

Wisconsin Court Tosses Lawsuit Against John Deere Over Mower Mishap

The Wisconsin Supreme Court says a father who accidentally severed the feet of his two-year-old son with a riding lawnmower cannot hold the manufacturer liable for the injury. In a 4-2 decision, the court ruled that bystanders, such as the …

Missouri Joins Interstate Insurance Product Regulation Compact

Missouri Governor Jay Nixon has signed HB 577 to have Missouri become the 36th member of the Interstate Insurance Product Regulation Compact (IIPRC). With the addition of Missouri, the current compacting states in the Commission represent close to 60 percent …

Wisconsin Lawmakers Mull Property Insurance Breaks for Governments

Some state lawmakers in Wisconsin want to give local governments a one-year break from paying their property-insurance premiums. Hundreds of cities, towns and school districts insure their property with a state fund managed by the insurance commissioner’s office. A recent …

Wisconsin Court: Witnesses Cannot Seek Medical Damages

The Wisconsin Supreme Court on July 10 tossed out a $200,000 award to a father who watched one of his twin sons die during birth in 1998. In a decision praised by doctors but criticized by trial lawyers, the court …

Iowa’s Grinnell Mutual Awards $50K in Scholarships

Grinnell Mutual Reinsurance Company, through its independent agency force, has recently awarded 50 Road to Success scholarships to high school seniors throughout its 10-state writing area including Iowa, Illinois, Indiana, Wisconsin, Ohio, Minnesota, Missouri, North Dakota, Nebraska and South Dakota. …

Wisconsin Regulators Release List of June 2009 Administrative Actions

The Wisconsin Office of the Commissioner of Insurance has published a list of administrative actions for June 2009. The regulators noted that in many of these cases the respondent denied the allegations but consented to the action taken. Any fines …

Fireworks Explosions Kill 5 Across U.S.

Five people working on Independence Day fireworks shows were killed by explosions, four of them by a single blast that rocked Ocracoke, a remote village on North Carolina’s Outer Banks. The fifth died after an explosion at a fireworks show …

Farmers Insurance Offers Green Homeowners Product in Texas

Los Angeles-based The Farmers Insurance Group of Companies is offering a new eco-friendly product for its Texas customers wishing to ‘go green”. Called “Eco-Rebuild”, the new endorsement will supplement the comapany’s homeowners insurance by allowing customers to replace destroyed property …

People

Columbus, Ohio-based State Automobile Mutual Insurance Company and State Auto Property & Casualty Insurance Company has named new managers in various divisions. Robert (Bob) A. Bachtell is claims manager for State Auto’s Ohio region. Bachtell joined Midwest Security Insurance Company …

Swimming Downstream: How a Regional Insurer Buys Others Through Demutualization

Donegal Group’s Strategy Has Taken It From Writing in One to 19 States in 20 Years Even in a good economy, mutual insurers face challenges trying to raise the capital they need to grow because they don’t have any stock …