Insurance Journal » Illinois http://www.insurancejournal.com Insurance Journal delivers the latest business news for the Property/Casualty insurance industry Fri, 31 Oct 2014 03:50:53 +0000 en-US hourly 1 http://wordpress.org/?v=3.9.2 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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Maximum Adds E&S Sales Teams in Chicago, Florida http://www.insurancejournal.com/news/midwest/2014/10/21/344295.htm Tue, 21 Oct 2014 16:55:58 +0000 http://www.insurancejournal.com/?p=344295 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, …

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RLI Adds New Healthcare Liability Division http://www.insurancejournal.com/news/midwest/2014/10/21/344265.htm Tue, 21 Oct 2014 16:14:27 +0000 http://www.insurancejournal.com/?p=344265 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, …

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County: Vacant Skyscraper in Illinois Town Raising Insurance Costs http://www.insurancejournal.com/news/midwest/2014/10/16/343840.htm Thu, 16 Oct 2014 16:29:01 +0000 http://www.insurancejournal.com/?p=343840 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 …

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Educator-Focused Meemic Insurance Expands into Illinois http://www.insurancejournal.com/news/midwest/2014/10/15/343715.htm Wed, 15 Oct 2014 16:40:43 +0000 http://www.insurancejournal.com/?p=343715 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 …

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Zurich NA Names Cooper Regional Leader for Commercial Markets http://www.insurancejournal.com/news/midwest/2014/10/08/343020.htm Wed, 08 Oct 2014 16:26:48 +0000 http://www.insurancejournal.com/?p=343020 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 …

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Stuckel Joins OneBeacon Entertainment in Chicago http://www.insurancejournal.com/news/midwest/2014/10/07/342901.htm Tue, 07 Oct 2014 16:19:04 +0000 http://www.insurancejournal.com/?p=342901 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 …

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Recovery Starts After Fire Destroys Part of Downtown Rock Island, Illinois http://www.insurancejournal.com/news/midwest/2014/10/01/342179.htm Wed, 01 Oct 2014 16:52:29 +0000 http://www.insurancejournal.com/?p=342179 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. …

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Deere Mulling Options for Crop Insurance Business http://www.insurancejournal.com/news/midwest/2014/09/23/341427.htm Tue, 23 Sep 2014 16:51:42 +0000 http://www.insurancejournal.com/?p=341427 Deere & Company, based in Moline, Ill., announced it is reviewing strategic options for its crop insurance business, which underwrites policies through John Deere Insurance Co., a business unit within John Deere Financial. Deere said no formal decisions have been …

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Illinois School District Awarded $10M in Collapsed Mine Case http://www.insurancejournal.com/news/midwest/2014/09/12/340354.htm Fri, 12 Sep 2014 15:51:37 +0000 http://www.insurancejournal.com/?p=340354 An Illinois school district has been awarded nearly $10 million in a lawsuit against Union Pacific Railroad after claiming a collapsed mine left an elementary school damaged. Macoupin County Judge Patrick Londrigan awarded the Gillespie School District the judgment on …

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4 New Workers’ Comp Arbitrators Appointed in Illinois http://www.insurancejournal.com/news/midwest/2014/09/09/340047.htm Wed, 10 Sep 2014 02:41:58 +0000 http://www.insurancejournal.com/?p=340047 Illinois Gov. Pat Quinn appointed four new arbitrators to the Workers’ Compensation Commission: Maria Bocanegra is an attorney at Katz Friedman, specializing in workers’ compensation. She previously worked as a judicial assistant to the Honorable David Furman and as a …

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Berkshire Hathaway GUARD Names Lewis Director of Regional Sales http://www.insurancejournal.com/news/midwest/2014/09/08/339679.htm Mon, 08 Sep 2014 05:25:12 +0000 http://www.insurancejournal.com/?p=339679 Berkshire Hathaway GUARD Insurance Companies promoted Jim Lewis to director of regional sales for the central region of the country. Lewis will oversee sales operations in Arkansas, Iowa, Illinois, Kansas, Louisiana, Minnesota, Missouri, Nebraska, Texas and Wisconsin. Prior to his …

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CNA Appoints Earley as Illinois Branch Vice President http://www.insurancejournal.com/news/midwest/2014/09/04/339635.htm Thu, 04 Sep 2014 16:42:24 +0000 http://www.insurancejournal.com/?p=339635 Chicago-based property/casualty insurer, CNA, has named Steve Earley as Illinois branch vice president. Earley has been with CNA for 27 years, most recently serving as vice president of the company’s manufacturing customer segment driving improved sales volume and profitability, customer …

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Illinois Rideshare Bills Vetoed; Insurance Groups Urge Override http://www.insurancejournal.com/news/midwest/2014/08/27/338672.htm Wed, 27 Aug 2014 16:23:09 +0000 http://www.insurancejournal.com/?p=338672 Illinois Gov. Pat Quinn has vetoed legislation that would have imposed statewide regulations on commercial ridesharing companies, also known as transportation network companies (TNCs). Quinn said he vetoed House Bill 4075, also known as the “Uber bill,” because it would …

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J.M. Wilson Adds Barney as Transportation Underwriter in Illinois http://www.insurancejournal.com/news/midwest/2014/08/22/338324.htm Fri, 22 Aug 2014 05:38:26 +0000 http://www.insurancejournal.com/?p=338324 Wholesale insurance provider J.M. Wilson has hired Erika Barney in its Arlington Heights, Ill., office as a transportation underwriter. Barney will be responsible for quoting new and renewal bobtail and transportation risks for Illinois agents. In addition, she will service new …

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Workplace Penalties Mounting Up for Illinois Roofing Contractor http://www.insurancejournal.com/news/midwest/2014/08/20/338230.htm Wed, 20 Aug 2014 16:49:53 +0000 http://www.insurancejournal.com/?p=338230 Roofing contractor Juan Manuel Antonio-Martinez has been cited for three willful safety violations for exposing workers to fall hazards at two separate residential home sites in Savoy, Ill., on March 26, 2014, and April 9, 2014. The U.S. Department of …

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Chicago-Based Linden Group Joins Digital Benefit Advisors http://www.insurancejournal.com/news/midwest/2014/08/12/337375.htm Tue, 12 Aug 2014 16:11:13 +0000 http://www.insurancejournal.com/?p=337375 Linden Group Health Services has joined Digital Benefit Advisors (DBA), a division of Digital Insurance. Digital acquired the Chicago firm, which specializes in group benefits solutions for small to mid-sized companies, and will open a second DBA office in Chicago, …

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Arthur J. Gallagher Acquires Missouri-Based Travel Insurance Agency http://www.insurancejournal.com/news/midwest/2014/08/11/337267.htm Mon, 11 Aug 2014 16:23:36 +0000 http://www.insurancejournal.com/?p=337267 Arthur J. Gallagher & Co. has acquired Trip Mate Inc., based in Kansas City, Mo. Established in 1989, Trip Mate is a full service travel insurance agency that provides a wide variety of travel protection plans and services for their travel …

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Kaprinay Named Workers’ Comp Practice Leader at IMPG in Illinois http://www.insurancejournal.com/news/midwest/2014/08/07/337089.htm Fri, 08 Aug 2014 01:56:52 +0000 http://www.insurancejournal.com/?p=337089 St. Charles, Ill.-based Insurance Program Managers Group (IPMG) promoted Nathan Kaprinay practice leader of IPMG’s brokerage division for workers’ compensation. Kaprinay will coordinate marketing and production activities for workers’ compensation in all IPMG offices. He joined IPMG in 2007, and …

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DelBuono Appointed VP of Product Management at CNA http://www.insurancejournal.com/news/midwest/2014/08/07/337071.htm Thu, 07 Aug 2014 16:39:51 +0000 http://www.insurancejournal.com/?p=337071 Chicago-based property/casualty insurance organization, CNA Financial Corp., appointed Gary DelBuono vice president of product management, effective Aug. 11. DelBuono will oversee enterprise product development, partnering closely with underwriting in developing product solutions for CNA’s commercial and specialty lines. DelBuono brings …

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Lockton Adds Cooke, Haye to Employee Benefits Practice in Chicago http://www.insurancejournal.com/news/midwest/2014/08/04/336743.htm Tue, 05 Aug 2014 00:49:51 +0000 http://www.insurancejournal.com/?p=336743 Lockton has two employee benefits experts to its Chicago operation. Joining Lockton in vice president, producer roles are David Cooke and Mark Haye. Both will be responsible for business development and client strategy at the privately held, independent insurance broker. …

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Chicago Business Owners See Little Impact from Obamacare, Minimum Wage Hike http://www.insurancejournal.com/news/midwest/2014/08/01/336550.htm Fri, 01 Aug 2014 16:47:07 +0000 http://www.insurancejournal.com/?p=336550 The Business Owners Confidence survey for the first half of 2014 indicates that Chicago-area mid-sized business owners are taking Obamacare in stride and expect limited effects of national and state efforts to raise the minimum wage. The survey, jointly conducted …

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Shrout Joins IFG Cos. as Managing Director — Bind http://www.insurancejournal.com/news/national/2014/07/31/336338.htm Thu, 31 Jul 2014 16:48:57 +0000 http://www.insurancejournal.com/?p=336338 IFG Cos. has added Andrew M. Shrout as managing director for its bind insurance business. Shrout will be based in Chicago and Atlanta, and will be a member of the bind leadership team that establishes and implements the new strategy …

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Arthur J. Gallagher Acquires Benefits Brokerage, Insurance Point http://www.insurancejournal.com/news/midwest/2014/07/31/336329.htm Thu, 31 Jul 2014 16:40:43 +0000 http://www.insurancejournal.com/?p=336329 Itasca, Ill.-based Arthur J. Gallagher & Co. has acquired Insurance Point LLC in St. Charles, Ill. and Salt Lake City, Utah.  Terms of the transaction were not disclosed. Insurance Point offers employee benefit consultation and insurance brokerage services for healthcare systems and hospitals throughout …

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Arthur J. Gallagher Appoints Jain as Chief Service Officer http://www.insurancejournal.com/news/midwest/2014/07/29/336039.htm Tue, 29 Jul 2014 16:06:03 +0000 http://www.insurancejournal.com/?p=336039 Itasca, Ill.-based Arthur J. Gallagher & Co. has appointed Vishal Jain as chief service officer and corporate vice president. Jain currently oversees the company’s service center operations. In this new role, he will lead Gallagher’s ongoing efforts to enhance customer service …

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Berkshire Hathaway GUARD Adds BOP Product in Illinois http://www.insurancejournal.com/news/midwest/2014/07/29/336036.htm Tue, 29 Jul 2014 15:17:39 +0000 http://www.insurancejournal.com/?p=336036 Berkshire Hathaway GUARD Insurance Companies (formerly known as GUARD Insurance Group) has begun offering businessowner’s policy (BOP) and umbrella coverage in Illinois.  The company already has an established presence in the state with workers’ compensation premium totaling about $10.5 million …

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Trucking Company Owner Pleads Guilty in Missouri to Cargo Theft Scheme http://www.insurancejournal.com/news/midwest/2014/07/18/335245.htm Fri, 18 Jul 2014 16:35:25 +0000 http://www.insurancejournal.com/?p=335245 A Memphis, Tenn., business owner pleaded guilty in federal court to his role in a cargo theft scheme that included a theft in West Plains, Mo. Tammy Dickinson, United States Attorney for the Western District of Missouri, announced that Earl …

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Majer Joins Risk Innovations as Illinois Territory Manager http://www.insurancejournal.com/news/midwest/2014/07/15/334633.htm Tue, 15 Jul 2014 16:32:07 +0000 http://www.insurancejournal.com/?p=334633 Ginny Majer has joined insurance wholesaler Risk Innovations as territory manager for Illinois. Based in Chicago, Majer will develop workers’ compensation and personal lines business with retail agents in Illinois. Majer has been in the insurance industry for over 20 years with experience …

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