Illinois News

Hub International to Acquire Chicago-Based Laurus Strategies

Insurance brokerage Hub International Limited (Hub) announced its Chicago-area affiliate Hub International Midwest (Hub Midwest) plans to acquire Laurus Strategies (Laurus) from CSIG Holding Co. Laurus is an employee benefits, human resources, and human resource information system (HRIS) global benefits …

State Farm Seeks to Test Drone Use for Damage Response in Illinois

State Farm insurance company is seeking federal approval to test drones in evaluating property damage and responding to natural disasters. The (Bloomington) Pantagraph reported that the Bloomington-based company has filed an application with the U.S. Department of Transportation. It asks …

The Horton Group Acquires BF&S Insurance

Orland Park, Ill.-based insurance brokerage, The Horton Group, announced the acquisition of certain assets of Boyle, Flagg and Seaman (BF&S) Insurance, located in Illinois and Michigan. BF&S’s Illinois retail operations will now operate under the Horton name and staff will …

Maximum Adds E&S Sales Teams in Chicago, Florida

Maximum, an independent, Chicago, Ill.-based excess and surplus lines wholesale distributor, announced further expansion to its sales team. Chicago additions include Patrick O’Donoghue to the professional practice and Chrissy Fisher to the casualty practice. Heather Hudson, in the Daytona Beach, …

RLI Adds New Healthcare Liability Division

Peoria, Ill.-based RLI Corp. has launched a new healthcare liability division, RLI Healthcare, and added Scott Ducey to lead the operation as vice president. RLI will provide liability insurance coverage for targeted risks that include, but are not limited to, …

County: Vacant Skyscraper in Illinois Town Raising Insurance Costs

Officials in Vermillion County in eastern Illinois say concerns about a vacant skyscraper makes it more expensive to insure an adjacent county building. The 12-story Bresee Tower in downtown Danville is the tallest building in the county. It was built …

Educator-Focused Meemic Insurance Expands into Illinois

Meemic Insurance Co., a Michigan-based insurance provider offering personal auto, homeowners, and umbrella coverages tailored exclusively to teachers and other educational employees, announced that the company will immediately begin offering insurance services to educational employees in Illinois. Meemic Insurance Company has been …

Zurich NA Names Cooper Regional Leader for Commercial Markets

Commercial property and casualty insurer Zurich North America, named Marcus Cooper is now the commercial markets regional leader for the South. He is based at Zurich’s North America headquarters in Schaumburg, Ill. Cooper is responsible for driving the Zurich growth …

Stuckel Joins OneBeacon Entertainment in Chicago

OneBeacon Entertainment (OBE), a member of OneBeacon Insurance Group, has opened an office in Chicago, Ill., led by Mark Stuckel. Stuckel comes to OneBeacon with 35 years of underwriting experience, much of which was spent serving in various underwriting and …

Recovery Starts After Fire Destroys Part of Downtown Rock Island, Illinois

Rock Island residents have started the recovery process after a weekend fire ripped through the heart of downtown, destroying or damaging eight buildings in the western Illinois city. Tattoo shop owner Dan Bonowski said he’ll absolutely be back in business. …