Chicago News

A.M. Best Upgrades Prime Insurance Company with an A Rating

Specialty Excess and Surplus Lines Carrier’s Financial Stability Affirmed Chicago, Illinois, Salt Lake City, Utah and Naples, Florida, September 26, 2017- Prime Insurance Company announced today that A.M. Best Co. has upgraded their financial strength rating from A- to A …

CEO and President of E&S Carrier Takes Flight Across The Country to Meet With Agents and Brokers

Chicago and Salt Lake City, January 26, 2017- Nothing stands between Rick J. Lindsey, CEO, Chairman and President of Prime Insurance Company, and the great agents and brokers of this country. Starting Monday, February 6, 2017, Lindsey kicks off his …

Chicago Man Sues McDonald’s Arguing ‘Value Meal’ Is No Deal

A suburban Chicago man is suing McDonald’s restaurants in two Illinois counties, arguing cheeseburger “Extra Value Meals” are actually more expensive than when the items are purchased separately. James Gertie of Des Plaines tells The (Arlington Heights) Daily Herald that …

A New Market For Distressed Commercial Auto Risks In Florida

Chicago, IL, June 21, 2016 – Prime Property and Casualty Insurance Inc. (“PPCI”) has rolled into the Florida commercial auto market as a bold new admitted carrier specializing in insurance solutions for distressed and substandard risks. With PPCI, producers now …

Dan Freyer to Serve as Senior Vice President of Worldwide Facilities, LLC’s Chicago Office

Chicago, IL, January 14, 2016—Worldwide Facilities LLC, a leading nationwide wholesale insurance brokerage and managing general agent, is pleased to announce its decision to hire Dan Freyer as Senior Vice President of its Chicago office. Freyer has over 13 years …

Pinnacle Adds Parmenter as Consulting Actuary

Brett Parmenter has joined Pinnacle Actuarial Resources Inc. as a consulting actuary in its Chicago office. Parmenter comes to Pinnacle with over 10 years of experience in the property/casualty practice area and has considerable experience with both primary commercial insurance …

Risk Strategies Acquires Chicago-Based Northwest Comprehensive

Boston-based insurance brokerage and risk management firm, Risk Strategies Co., has acquired Northwest Comprehensive Inc., a full service employee benefits insurance brokerage and consulting firm headquartered in Chicago. John Cerasani, Northwest Comprehensive president and founder, will continue to manage Northwest …

Chicago Agent Glad She Made the Captive-to-Independent Leap

Making the jump from a being a captive agent to an independent one is not for the faint of heart, says one veteran Chicago-based agent. But Sharon Robles has no regrets, none at all. Robles was a successful captive agent …

JLT Specialty Insurance Appoints Najim Senior VP, Analytics & Consulting

Chicgo-based JLT Specialty Insurance Services Inc. (JLT Specialty USA), a U.S. subsidiary of Jardine Lloyd Thompson Group plc. (JLT), appointed Chris Najim as senior vice president of analytics and consulting. Najim will work alongside JLT Specialty brokers and other client …

CNA Names Kubursi Senior VP – Financial Institutions, Management Liability

Chicago-based insurance CNA has appointed Ziad Kubursi to senior vice president, Financial Institutions and Management Liability, effective April 6, 2015. Ziad brings more than 18 years of insurance industry experience to this role, most recently serving as senior vice president, …