Wisconsin News

Ratings Roundup: Catlin (US), R.V.I., Companion, AmTrust

Standard & Poor’s Ratings Services has assigned its ‘A-‘ long-term counterparty credit and insurer financial strength ratings to Catlin Speciality Insurance Co. (CSCI) and Catlin Insurance Co. Inc. (CICI) (together Catlin US). The two companies “are expected to represent the …

Small Business Administration Disaster Loan Centers Closing in Wisconsin

The U.S. Small Business Administration (SBA) says it will close disaster loan centers in Lancaster, Portage and Janesville, Wis. on Friday, Aug. 15. The SBA is urging homeowners, renters, businesses and nonprofit organizations affected by severe storms, tornadoes and flooding …

Wisconsin Insurance Company President Dies in 2 Car Collision

The president of Mt. Morris Mutual Insurance Co. in Coloma and his 8-year-old grandson have died in a two-vehicle crash in Jackson County, Wis. Seventy-two-year-old Howard Fenske and Blake Fenske died about 5 a.m. Monday morning on Interstate 94. Wisconsin …

Hockert Joins Wausau Signature Agency in Minnesota Office

George Hockert has joined Wausau Signature Agency (WSA) as the director of sales in the agency’s Eagan, Minnesota office, with responsibility for Minnesota, Iowa, North Dakota, South Dakota, and Western Wisconsin. Hockert has more than 15 years of experience in …

Wisconsin’s Traffic Deaths Fewest Since 1946

The Wisconsin Department of Transportation recently released a statement saying that traffic deaths were down last month, making the month of July in Wisconsin the lowest in fatalities since World War II. Sixty-three people died in 59 traffic crashes in …

Texas Orders $4.4M in Fines and Restitution in June

Enforcement actions by Texas Commissioner Mike Geeslin in June included five license revocations, a license denial, and fines and restitution totaling $4,422,505, theTexas Department of Insurance reported. Copies of Geeslin’s orders may be obtained by contacting TDI’s Public Information Office. …

Grange Insurance Names Benz President of Life Group

Grange Insurance recently added Michelle Benz as president of the Grange Life Insurance Company. She replaces Tom Welch, previous president of Grange Life who was promoted to chief financial officer of Grange Insurance in April. Welch had been leading Grange …

ProAssurance Announces $100 Million Repurchase Authorization

The Board of Directors of Birmingham, Alabama-based ProAssurance Corp. authorized $100 million to repurchase its shares or retire outstanding debt. The authorization is effective immediately, but the timing and quantity of any purchases will depend on market conditions and changes …

Wisconsin High Court: Homeowners Insurance Doesn’t Cover Negligence

A couple’s homeowner’s policy does not cover alleged negligence by the wife for not preventing her husband from sexually abusing a child, a divided Wisconsin Supreme Court said July 17. The unnamed child and the child’s mother sued the woman …

Family Gets $18M After Birthing Defect

A judge approved an $18.2 million settlement from the government for a Milwaukee, Wis., family whose daughter suffered brain damage during birth at a federally funded clinic. The lawsuit was argued in U.S. District Court because the clinic where the …