Highstreet Insurance & Financial Services has announced a three-year partnership with the University of Nebr
aska that supports the school’s football, volleyball and basketball teams.
The full-service independent insurance agency has offices across Nebraska and the United States.
“Highstreet is thrilled to partner with the Huskers to support its students, their athletic programs and the broader community both on and off the field,” said Scott
Wick, CEO of Highstreet. “We’ve been a part of the Nebraska community for many years and are honored to have the opportunity to give back through this sponsorship.”
Highstreet has joined with the Cornhuskers football program to launch the “Sacking Hunger Together” program. For every Husker sack, Highstreet will make a
cash donation to the Food Bank for the Heartland, which will share the funds raised with the Food Bank of Lincoln.
“Building resilient communities is at the core of Highstreet’s vision, and being able to help lessen food insecurity is a crucial step to a brighter future for childr
en, families and seniors across Nebraska,” said John Thompson, president of Highstreet Insurance and Financial Services’ central region.
Founded in 2018, the Traverse City, Michigan-based company provides business insurance, employee benefits, personal insurance, retirement services, and spe
cialty risk solutions delivered through community-focused agencies.
“It has been a long road, and I commend our civil litigators for seeing it through to this end result — a monumental victory for Pennsylvanians,” Sunday said.
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The impetus for the litigation was legislation passed in 2017 that ordered the transfer of $200 million from J
UA to the Commonwealth general fund. The JUA then filed suit against the Governor and Insurance Commissioner, who the Attorney General has represented in the matter.
After years of litigation, the Third Circuit Court of Appeals last December ruled that the JUA is a public agency, not a private entity,
The ruling opened the door for the state to access the JUA’s budget surplus, which actually totals $300 million, and which regulators say is far in excess of what the JUA needs for reserves to cover potential claims.
The state maintained it has the right to access the funds for the good of the public. The JUA had successfully thwarted the state’s attempts to access its funds for years