People Lockton Companies recently named Kevin McDaniel as president of its St. Louis office. McDaniel succeeds Whity Meyer, who was named chairman. McDaniel joined Lockton more than 10 years ago as a producer and most recently has been an executive …
Many Homeowners in Flooded Midwest Lack Insurance
Recent flooding that swamped parts of the Midwest, including Indiana, Wisconsin and Iowa, caught many property owners unprotected. Only 1 percent of all Indiana homeowners have flood insurance. Wisconsin reports even less than that. People generally pass on federally backed …
People
Golden Eagle Insurance, a Liberty Mutual Agency Markets regional company, appointed Pete McPartland president and CEO. McPartland comes from General Casualty in Sun Prairie, Wis., where he led insurance operations for QBE Regional Insurance as chief operating officer. He succeeds …
Ratings: Commerce, Aspen, Med Mutual, Kodiak, Hermitage, ProAssurance, US Liability, Provident, Hereford, Polish Roman
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+ (Superior) and issuer credit ratings (ICR) of “aa-” of Commerce Group, its lead company, The Commerce Insurance Company, and four inter-company pool members. Best also affirmed the ICR …
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. Custom Home Builders Market Detail: Lemac & Associates, a division of Risk Placement Services Inc. …
Death Toll Stands at 10 in Aftermath of Midwest Tornadoes, Flooding
The death toll now stands at 10 in the Midwest as tornadoes, severe thunder storms and flooding hit Indiana, Illinois and Wisconsin beginning June 6. States battled tornadoes that touched down in multiple areas, heavy winds and hail damaged autos …
Wisconsin Court: Passenger Not Liable for Damages in Crash
The Wisconsin Supreme Court says a passenger in a vehicle that caused a fatal drunken driving crash does not have to pay another $250,000. The decision means Badger Mutual Insurance Co., which insured David Schrimpf, will not pay more damages …
Ratings: Willis, Erie, Farmers-Flemington, Am. Resources, Am. General, Stnd. Mutual, Wisconsin County
Fitch Ratings has placed its ratings on Willis North America Inc. (WNA) and Willis Group Holdings Ltd. (Willis) on its rating watch negative list. Fitch said its rating action follows the announcement that Willis has agreed to purchase all outstanding …
Wisconsin Communities Sign Up for Terrorism Insurance
Communities across the country and some in Wisconsin have signed up for domestic terrorism insurance. Local leaders say that while the likelihood of a terrorist attack is low, it’s still an insurance policy that makes sense. West Baraboo trustee Brucer …
Officials Say Ohio Grown Tomatoes Not Part of Safety Alert
Government food inspectors say Ohio-grown tomatoes are still safe to eat. The U.S. Food and Drug Administration says Ohio tomatoes are not part of a salmonella outbreak linked to three types of raw tomatoes. McDonald’s, Wal-Mart, Burger King, and Kroger …
