Illinois News

Illinois Medical Marijuana Law Poses Workplace Dilemma

Illinoisans hoping to make use of the state’s fledgling medical marijuana law may risk their jobs if their employers opt to maintain or adopt zero-tolerance drug policies. The Rockford Register Star reported that the law that took effect in January …

Hub International Acquires Illinois-Based Corporate Benefit Consultants

Global insurance brokerage, Hub International Limited (Hub), announced that its subsidiary Hub International Midwest (Hub Midwest) has acquired Corporate Benefit Consultants Inc. (CBC), a Des Plaines, Ill.-based employee benefits insurance brokerage firm. The CBC team will continue to operate from …

Mercury Insurance Cutting Auto Insurance Rates in Illinois

Mercury Insurance Co. announced that its auto insurance rates for Illinois drivers are being reduced an average of 13.9 percent. The reduction immediately applies to new customers and policy renewals beginning April 7, and will save Mercury policyholders an average …

MarketScout Adds 3 to Fine Arts Underwriting Team in Illinois

Dallas-based electronic insurance exchange and specialty MGA, MarketScout, has expanded its national fine art and collectibles program with three new hires: Donna Hester, underwriter; Susan Soloman, underwriter; and Cheryl Fogel, underwriting assistant. The underwriting team will operate out of MarketScout’s …

Illinois Reaching Out to Young Uninsured via The Onion

Trying to sell young adults on the idea of health insurance before an upcoming deadline, Illinois officials announced they are launching an ad campaign with the satirical online newspaper The Onion. Banner ads on The Onion website will depict a …

Lockton Adds Wasilchuk as Account Executive in Chicago

Lockton has hired John Wasilchuk as an account executive in its Chicago office focusing on environmental risk management. He is responsible for placement of environmental insurance coverage for Lockton clients and maintaining relationships with environmental underwriters and carriers. Prior to …

NSM Insurance Group Acquires Professional Underwriters Agency

NSM Insurance Group announced it has acquired Professional Underwriters Agency Inc. (PUA), a managing general agent specializing in professional liability and located in Oak Brook, Ill. PUA was founded more than 30 years ago as a professional liability market for …

Illinois Man Gets 6-Months in Jail for Insurance Fraud

A northern Illinois man has been sentenced to 6 months in jail for insurance fraud and forgery. Kane County prosecutors say 53-year-old Juventino Guzman of Elgin falsely claimed he’d slipped, fallen and was injured at three businesses in Elgin and …

Keystone Insurers Group Names Five New ‘Pioneer’ Partners in Illinois

Keystone Insurers Group named five new franchise partners in Illinois, completing its list of “Pioneer Partners” — the first 10 agencies in the state to join the property/casualty insurance network. Keystone’s Pioneers will help identify additional potential franchise partners in …

Baweja Appointed VP – Analytics at CNA Financial Corp.

Chicago-based CNA Financial Corp. has appointed Naveen Baweja vice president of analytics. Baweja will provide leadership and support to the underwriting transformation initiatives component of the CNA Enterprise Roadmap, with a focus on enhancing the company’s data and analytics capabilities. …