Insurance Journal » Illinois http://www.insurancejournal.com Insurance Journal delivers the latest business news for the Property/Casualty insurance industry Sat, 28 Feb 2015 01:03:03 +0000 en-US hourly 1 http://wordpress.org/?v=4.1.1 Problem of Metal Theft Focus of Illinois House Bill http://www.insurancejournal.com/news/midwest/2015/02/19/358088.htm Thu, 19 Feb 2015 17:24:13 +0000 http://www.insurancejournal.com/?p=358088 A bill filed in the Illinois House would form a new task force to address thefts of recyclable metals, including copper. The Belleville News-Democrat reports the panel would review efforts to combat theft and come up with new ideas. Findings …

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Motorcycle Safety Bill Proposed in Illinois http://www.insurancejournal.com/news/midwest/2015/02/18/357760.htm Wed, 18 Feb 2015 17:26:32 +0000 http://www.insurancejournal.com/?p=357760 An Illinois lawmaker wants motorcycle safety to be a formal part of driver’s education courses. The proposal by Republican Rep. Tom Bennett of Gibson City would amend the driver’s education act in the Illinois School Code to require that all …

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Outlook Revised to Stable for Illinois Casualty Co. http://www.insurancejournal.com/news/midwest/2015/02/13/357443.htm Fri, 13 Feb 2015 17:25:13 +0000 http://www.insurancejournal.com/?p=357443 A.M. Best has revised the outlook to stable from negative for the financial strength rating (FSR) and issuer credit rating (ICR) of Illinois Casualty Co. (Illinois Casualty) in Rock Island, Ill., while affirming the FSR of B++ (Good) and the ICR of …

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Rash of Fires Deemed Suspicious in Southern Illinois Town http://www.insurancejournal.com/news/midwest/2015/02/02/356161.htm Mon, 02 Feb 2015 17:38:50 +0000 http://www.insurancejournal.com/?p=356161 Authorities in southern Illinois are investigating half a dozen recent fires in the village of Marissa, including one that destroyed a local landmark serving as a museum to the area’s coal mining history. The blaze gutted the Academy Building Friday …

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Zehr Appointed VP, Segment Underwriting at CNA http://www.insurancejournal.com/news/midwest/2015/01/29/355835.htm Thu, 29 Jan 2015 15:25:36 +0000 http://www.insurancejournal.com/?p=355835 Chicago-based CNA Financial Corp. has appointed Jeff Zehr as vice president, segment underwriting. In this position, he will expand his responsibilities to include leadership and governance for the commercial lines products for both the financial institutions and the professional services customer segments. …

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Illinois’ Joseph M. Wiedemann & Sons Joins Keystone Insurers Group http://www.insurancejournal.com/news/midwest/2015/01/12/353798.htm Mon, 12 Jan 2015 17:52:15 +0000 http://www.insurancejournal.com/?p=353798 Keystone Insurers Group announced its newest franchise partner in Illinois: Joseph M. Wiedemann & Sons, based in Arlington Heights. The firm, which has three offices in the Chicago-East Central Illinois area, is the eighteenth independent insurance agency in the state to …

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Most Popular Insurance Journal Midwest Stories of 2014 http://www.insurancejournal.com/news/midwest/2014/12/31/351406.htm Wed, 31 Dec 2014 12:50:54 +0000 http://www.insurancejournal.com/?p=351406 The most popular InsuranceJournal.com news stories in the Midwest ranged from groundbreaking lawsuits to research into making people safer from storms. With an understanding that stories appearing later in the year have less time to rise to the top of …

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Zurich North America Appoints McCafferty Head of Group Captives http://www.insurancejournal.com/news/midwest/2014/12/30/351072.htm Tue, 30 Dec 2014 12:30:32 +0000 http://www.insurancejournal.com/?p=351072 Schaumburg, Ill.-based Zurich North America has appointed Terry McCafferty as head of group captives, a key strategic business unit of Programs & Direct Markets. In his new role, effective Feb. 1, McCafferty will be responsible for the operational management of …

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New App in Illinois Aimed at Reducing Deaths in Grain Bins http://www.insurancejournal.com/news/midwest/2014/12/29/351268.htm Mon, 29 Dec 2014 17:14:30 +0000 http://www.insurancejournal.com/?p=351268 A new app could help reduce the number of fatal grain bin entrapments that occur in Illinois. The Illinois Corn Marketing Board and the Grain and Feed Association of Illinois teamed up to create an app that will locate the …

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CNA Appoints Dmytrow Healthcare, Aging Services VP http://www.insurancejournal.com/news/midwest/2014/12/24/350900.htm Wed, 24 Dec 2014 12:35:40 +0000 http://www.insurancejournal.com/?p=350900 CNA has appointed Bruce Dmytrow to vice president of aging services, national programs underwriting for the company’s healthcare segment, effective Jan, 1, 2015. Dmytrow  will be responsible for the strategic leadership of this high-performing area. Dmytrow brings more than 29 years of healthcare industry experience and 22 …

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Hub International Acquires Iowa-Based Brokerage, Ruhl & Ruhl http://www.insurancejournal.com/news/midwest/2014/12/23/351027.htm Tue, 23 Dec 2014 17:34:41 +0000 http://www.insurancejournal.com/?p=351027 Global insurance broker, Hub International Limited (Hub), announced that its Chicago-area region Hub International Midwest (Hub Midwest) has acquired the assets of Ruhl & Ruhl Insurance, based in Davenport, Iowa. Terms of the acquisition were not disclosed. Founded in 1862, Ruhl …

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Price Optimization Allegations Challenged, NAIC Investigating Practice http://www.insurancejournal.com/news/national/2014/12/18/350630.htm Thu, 18 Dec 2014 20:59:59 +0000 http://www.insurancejournal.com/?p=350630 Reaction to industry-wide price optimization allegations from a consumer group known to call out insurers has been somewhat critical yet guarded – however it appears regulators may already be starting to look into the practice. Consumer Federation of America this week …

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Rockford, Illinois, Settles Police Shooting Lawsuit for $1.1M http://www.insurancejournal.com/news/midwest/2014/12/18/350556.htm Thu, 18 Dec 2014 16:42:41 +0000 http://www.insurancejournal.com/?p=350556 The city of Rockford, Ill.,  has reached a $1.1 million settlement with the estate of an unarmed black man who was fatally shot inside a church-run day care by two white police officers in 2009, according to officials. In a …

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Illinois Landlord Gets Life in Deadly Arson-for-Insurance Case http://www.insurancejournal.com/news/midwest/2014/12/18/350552.htm Thu, 18 Dec 2014 16:34:48 +0000 http://www.insurancejournal.com/?p=350552 A Cicero, Ill., landlord has been sentenced to life in prison for the deaths of seven people during a Valentine’s Day 2010 apartment fire that prosecutors say was set for insurance money. Cook County prosecutors say Judge Carol Kipperman sentenced …

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IICF Midwest Awards $545K in Grants to Local Non-Profits http://www.insurancejournal.com/news/midwest/2014/12/17/350418.htm Wed, 17 Dec 2014 16:47:57 +0000 http://www.insurancejournal.com/?p=350418 The Insurance Industry Charitable Foundation’s (IICF) Midwest Division announced it is awarding $545,000 in community grants to local non-profit organizations in Illinois, Michigan, Nebraska, Ohio and Wisconsin for 2015. Grants range in contribution from $10,000 to $50,000 and support 29 …

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RLI Promotes Drees to VP, Casualty Brokerage http://www.insurancejournal.com/news/midwest/2014/12/12/349811.htm Fri, 12 Dec 2014 06:24:44 +0000 http://www.insurancejournal.com/?p=349811 Peoria, Ill.-based specialty insurer RLI Corp. has promoted Dennis Drees to vice president, casualty brokerage. Drees will lead RLI’s primary and excess/umbrella surplus lines business units. Drees joined RLI in 1994 and held various roles in the casualty division until …

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COUNTRY Financial COO Baurer to Retire http://www.insurancejournal.com/news/midwest/2014/12/10/349641.htm Wed, 10 Dec 2014 17:18:29 +0000 http://www.insurancejournal.com/?p=349641 Barb Baurer, chief operating officer for Bloomington, Ill.-based COUNTRY Financial, announced she will retire in January 2015. Baurer has been with the company for 37 years. She joined the company in 1977 and has served as chief operating officer for …

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RLI Promotes 3 in Leadership Positions in Illinois http://www.insurancejournal.com/news/midwest/2014/12/08/349220.htm Mon, 08 Dec 2014 17:50:23 +0000 http://www.insurancejournal.com/?p=349220 Peoria, Ill.-based specialty insurer, RLI Corp., announced three leadership promotions Todd Bryant, vice president, controller, has been promoted to vice president, finance and controller. In this expanded role, Bryant will assume management responsibility for RLI’s cash operations in addition to …

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More Time For Asbestos Suits OK’d by Illinois House http://www.insurancejournal.com/news/midwest/2014/12/04/348958.htm Thu, 04 Dec 2014 16:46:20 +0000 http://www.insurancejournal.com/?p=348958 The Illinois House has approved a bill allowing more time to file a lawsuit over asbestos-related disease. The initiative was adopted 70-43 Tuesday and moves to the Senate. Rep. Elaine Nekritz is a Northbrook Democrat. Her bill would remove a …

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Illinois Man Promises Neighbors Spot in Underground Tornado Shelter http://www.insurancejournal.com/news/midwest/2014/12/01/348464.htm Mon, 01 Dec 2014 06:31:13 +0000 http://www.insurancejournal.com/?p=348464 The 1,200-pound steel cylinder in James Trudeau’s driveway certainly struck his Bourbonnais, Ill., neighborhood as odd, at least at first. Even Kankakee County’s planning department wasn’t sure what to make of it when Trudeau sought a building permit to bury …

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Democratic Lawmaker in Illinois Planning New Ridesharing Bill http://www.insurancejournal.com/news/midwest/2014/11/21/347777.htm Fri, 21 Nov 2014 17:47:32 +0000 http://www.insurancejournal.com/?p=347777 A Democratic state lawmaker says he wants to pursue new legislation calling for regulations of the emerging ridesharing industry. Rep. Mike Zalewski of Riverside had originally planned to call for an override of Gov. Pat Quinn’s veto on bills imposing …

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Illinois Judge Denies Lower Bond in Rock Island Arson Case http://www.insurancejournal.com/news/midwest/2014/11/20/347668.htm Thu, 20 Nov 2014 17:38:54 +0000 http://www.insurancejournal.com/?p=347668 A Rock Island County judge has denied a lower bond for a man accused of setting a fire that destroyed or damaged a handful of buildings in downtown Rock Island, Ill., in September. Jason Earl Anderson, 34, is charged with …

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Erie Insurance Introduces Auto Rideshare Cover in Indiana, Illinois http://www.insurancejournal.com/news/midwest/2014/11/19/347583.htm Wed, 19 Nov 2014 22:00:40 +0000 http://www.insurancejournal.com/?p=347583 Erie Insurance has launched auto insurance coverage to protect drivers who use ridesharing services like Uber and Lyft in two Midwestern states, eliminating confusion for ridesharing drivers over what’s covered and when. Erie’s new coverage, currently available in Indiana and …

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Car-Deer Collisions Down Slightly in Illinois in 2013 http://www.insurancejournal.com/news/midwest/2014/11/14/347145.htm Fri, 14 Nov 2014 17:47:20 +0000 http://www.insurancejournal.com/?p=347145 Collisions between cars and deer in Illinois were down in 2013 compared to 2012 — though not by much. Figures released Nov. 12 show a 1 percent decline in numbers of cars hitting deer in 2013 compared to 2012. There …

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Arthur J. Gallagher Acquires Illinois’ The Forker Co. http://www.insurancejournal.com/news/midwest/2014/11/12/346804.htm Wed, 12 Nov 2014 17:31:09 +0000 http://www.insurancejournal.com/?p=346804 Arthur J. Gallagher & Co. has acquired The Forker Company in Arlington Heights, Ill. Terms of the transaction were not disclosed. Established in 2000, The Forker Company (Forker) is a retail insurance agency that offers contract surety solutions to clients throughout the …

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Alper Services Adds 5 New Hires in Chicago http://www.insurancejournal.com/news/midwest/2014/11/11/346514.htm Tue, 11 Nov 2014 17:33:20 +0000 http://www.insurancejournal.com/?p=346514 Chicago-based Alper Services LLC has added five new employees to join its commercial lines, financial services, and claims management services departments. With nearly 10 years of insurance agency experience, Abby Ahern joins Alper Services as an account manager in the …

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Workers’ Comp Medical Payment Costs Fall in Illinois: Study http://www.insurancejournal.com/news/midwest/2014/11/03/345732.htm Mon, 03 Nov 2014 17:19:58 +0000 http://www.insurancejournal.com/?p=345732 Reforms enacted in 2011 continue to drive down the cost of medical care for injured workers in Illinois, according to a new study by the Workers Compensation Research Institute (WCRI). According to the report, CompScope Medical Benchmarks for Illinois, 15th …

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Hub International to Acquire Chicago-Based Laurus Strategies http://www.insurancejournal.com/news/midwest/2014/10/29/345284.htm Wed, 29 Oct 2014 16:27:02 +0000 http://www.insurancejournal.com/?p=345284 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 …

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State Farm Seeks to Test Drone Use for Damage Response in Illinois http://www.insurancejournal.com/news/midwest/2014/10/27/344881.htm Mon, 27 Oct 2014 16:03:04 +0000 http://www.insurancejournal.com/?p=344881 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 …

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The Horton Group Acquires BF&S Insurance http://www.insurancejournal.com/news/midwest/2014/10/22/344441.htm Wed, 22 Oct 2014 16:07:39 +0000 http://www.insurancejournal.com/?p=344441 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 …

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