Badger Mutual Insurance promotes Kane to president

Kane, of Milwaukee, has been with Badger Mutual Insurance since 1984, beginning as a property adjuster. He was promoted to various positions within the company including manager of property claims, underwriter, vice president of personal lines, executive vice president of insurance operations and in April 2012 was elected to the board of directors.

“With almost 30 years of experience with Badger Mutual Insurance, we couldn’t have chosen a more dedicated and knowledgeable individual to lead the company forward,” said Steve Klima, audit committee chairman and board director for Badger Mutual Insurance. “Kane is committed to providing a stable foundation for the company to continue its growth in the coming years.”

Former president Roy Bubeck, remains the chief executive officer and a member of the board.

Badger Mutual Insurance has been headquartered in Milwaukee for more than 125 years.

The company was formed in 1887 by a group of Lutheran churchmen from Milwaukee who decided to organize a mutual aid society to protect their churches and property against fire loss. The company was formed in the aftermath of the Great Chicago Fire in 1871, when many insurance companies were forced to close because of heavy losses. The companies that remained in business after the fire were charging high rates and many refused to write insurance on churches with steeples, because steeples attracted lightning.

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