Illinois News

Illinois’ Joseph M. Wiedemann & Sons Joins Keystone Insurers Group

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 …

Most Popular Insurance Journal Midwest Stories of 2014

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 …

Zurich North America Appoints McCafferty Head of Group Captives

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 …

New App in Illinois Aimed at Reducing Deaths in Grain Bins

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 …

CNA Appoints Dmytrow Healthcare, Aging Services VP

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 …

Hub International Acquires Iowa-Based Brokerage, Ruhl & Ruhl

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 …

Price Optimization Allegations Challenged, NAIC Investigating Practice

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 …

Rockford, Illinois, Settles Police Shooting Lawsuit for $1.1M

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 …

Illinois Landlord Gets Life in Deadly Arson-for-Insurance Case

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 …

IICF Midwest Awards $545K in Grants to Local Non-Profits

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 …