Insurance

Milwaukee-based Northwestern Mutual today announced it will pay a record $5.2 billion dividend to policyowners. Most of that payout will be used to purchase additional coverage.

Sheboygan-based Acuity today reported $140 million in written premium revenue in 2013, a record 14.4 percent higher than in 2012. The company has reported and annual increase in net written premium for the past five years.

Northwestern Mutual Life Insurance Co. is lighting up one side of the east office building at its downtown Milwaukee headquarters campus this week with the message: B4N CU17 – text language for “Bye For Now, See You in 2017.”

Northwestern Mutual Life Insurance Co. is not the only insurance company planning a massive corporate headquarters expansion in southeastern Wisconsin.

Reflecting the rebound of the U.S. housing market, Milwaukee-based MGIC Investment Corp. today reported third quarter net income for of $12.1 million, or 4 cents per share, compared with a net loss of $246.9 million, or $1.22 per share, for the same quarter a year ago.

Sarah Schott has been promoted to executive officer, vice president and chief compliance officer at Northwestern Mutual. She will lead the compliance/best practices department.

Chad Tisonik has been named president of HNI Risk Services in Wisconsin.

Gov. Scott Walker's administration sent letters to an estimated 92,000 Wisconsinites today, notifying them that they no longer will be eligible for health care insurance coverage through the state's BadgerCare Plus program.

The Wisconsin Association of Mutual Insurance Companies will host its 100th annual convention from Sunday, September 8 to Tuesday, September 10 at the Country Springs Hotel in Pewaukee.

Leaders always are looking for new ways to leverage their companies' brands. But why is it that less than half of CEOs participate on social media sites?*