JLT Specialty USA, a U.S. subsidiary of Jardine Lloyd Thompson Group plc (JLT), the global specialist risk advisor and broker, has chosen Chicago as its U.S headquarters. The company said it has seen impressive growth over the last three years …
A.M. Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb+” from “bbb” and affirmed the Financial Strength Rating (FSR) of B++ (Good) of Wolverine Mutual Insurance Co. (Wolverine), in Dowagiac, Michigan. The outlook of the Long-Term ICR …
Authorities have determined the cause of a fire that caused more than $2 million in damage and losses at a truck maintenance facility in southwest Wichita, Kansas. Wichita fire Lt. Jose Ocadiz says employees were doing mechanical work Monday on …
Attorneys for a woman partially paralyzed by a collapsed bus shelter at Chicago’s O’Hare International Airport say she will receive a $115 million settlement from the city and its insurer. Jurors in August found the city liable for injuries to …
Michigan officials say state businesses are expected to pay less into a fund providing temporary benefits to eligible jobless residents. The Talent Investment Agency said in a release that unemployment insurance tax rates are projected to decrease an average 4.5 …
A.M. Best has assigned a Financial Strength Rating (FSR) of A- (Excellent) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” to Midwest Family Advantage Insurance Co. (Midwest Advantage). The outlook assigned to these ratings is stable. Concurrently, A.M. …
Chicago-based ISMIE Mutual Insurance Co., a provider of medical professional liability insurance services, has promoted Edward J. Carroll JD to vice president of Underwriting. Carroll joined ISMIE Mutual in early 2017 when he was appointed as director of Underwriting – …
Two motorcycle manufacturers and their trainers are accused of negligence in a lawsuit over the death of a central Ohio police officer. Sean Johnson lost control of his motorcycle during an on-duty training ride with fellow officers from Hilliard and …
Authorities say the corporate owner of a former Wisconsin factory accused of ordering workers to remove insulation that contained asbestos has paid the maximum fine under terms of a plea agreement. The incident happened six years ago at Grede foundry …
Federal investigators believe a broken wheel caused a May 2015 oil train derailment that prompted the evacuation of Heimdal, North Dakota. The National Transportation Safety Board says investigators found a mark on the track indicating a broken wheel that caused …
