Albert E. Fowerbaugh, Jr. has joined the Chicago law firm Butler Rubin Saltarelli & Boyd LLP as a partner. At Butler Rubin, Fowerbaugh will concentrate his practice in complex commercial litigation. Most recently, Fowerbaugh was a partner at DLA Piper …
Beginning Jan. 1, 2010, insurance producers in Illinois will be required to include three hours of classroom ethics instruction as part of their required 24 hours of continuing education. In a bulletin released by the Illinois Department of Insurance, producers …
A.M. Best Co. has upgraded the financial strength rating to ‘A-‘ (Excellent) from’ B++’ (Good) and issuer credit ratings to “a-” from “bbb+” of Arbella Insurance Group and its members. Arbella consists of Arbella Mutual Insurance Company, majority-owned subsidiaries Arbella …
The major online insurance leads provider, www.insuranceleads.com, will offer a no-cost web cast seminar allowing insurance agents in every field to improve their marketing skills and take advantage of several industry tips and precautions. North Hollywood, CA, November 3, 2009 …
Claims management provider Crawford & Company has acquired certain assets of Technical Loss Adjustment and Appraisal LLC (TLAA) of Chicago. The firm’s five experienced adjusters have joined Crawford’s Global Technical Services organization, Crawford announced. TLAA, established in May 2005, includes …
Beazley is expanding its U.S. property insurance business with the creation of a dedicated Builders’ Risk team to be located in Chicago, Ill. Colin Rose, a senior underwriter from the London Construction and Engineering team, will move to Chicago to …
Illinois Director of Insurance Michael McRaith has suspended the operations of medical liability insurer Professional Liability Insurance Company of America (PLICA). Under the Department of Insurance order dated Oct. 22, 2009, PLICA is prohibited from writing new policies or renewing …
A jurisdiction-wide ban on driving while talking on a hand-held cell phone is in place in 7 states (California, Connecticut, New Jersey, New York, Oregon, Utah, and Washington) and the District of Columbia. Utah has named the offense careless driving. …
White Paper Approved at Fall Meeting with Near-Unanimous Vote Though it may seem like the debate over the creation of a national catastrophe insurance plan is a relatively recent phenomenon, the National Association of Insurance Commissioners actually began addressing the …
As Agency Revenues Fell, At Least E&O Previums Didn’t Rise Independent insurance agents have had plenty to fret about the past year, including falling revenues. Thus stability in the market and pricing for their errors and omissions (E&O) insurance meant …
