An Illinois health insurance co-op with 49,000 policyholders in the state has become the latest casualty among a dwindling group of nonprofit alternative insurers set up under the Affordable Care Act. Illinois regulators took steps on July 12 to shut …
At least two people have died in flooding caused by powerful storms that damaged homes, washed out roads and stranded motorists in Wisconsin, Minnesota and Michigan. In northern Wisconsin, an 84-year-old Illinois man died when his vehicle became submerged in …
Chicago-based Mesirow Insurance Services (MIS), a division of Mesirow Financial, has joined Alliant Insurance Services’ middle market platform, Alliant Americas. Terms of the agreement were not disclosed. Founded in 1972, MIS is a full-service insurance brokerage and consultant specializing in …
Twenty-four workers laid off by Spirit AeroSystem in 2013 have sued the aircraft parts maker alleging it targeted older workers covered by its health insurance who had costly medical conditions. The former employees, members of the Society of Professional Engineering …
Schaumburg, Ill.-based insurance brokerage, Assurance, Anthony Way to senior vice president, practice leader. Way has been a leader and mentor in the firm’s property/casualty division for six years. Way will oversee Assurance’s Public Entity and Education, Real Estate and Faith-Based …
Two recent crashes on the same road in Indiana’s Elkhart County highlight the dangers of distracted driving accidents involving motor vehicles and horse-drawn buggies. On May 29, a 17-year-old girl who rear-ended a buggy carrying an Amish couple and their …
State insurance regulators are seeking public comment on requested health insurance policy rate changes. The Department of Insurance and Financial Services said that insurers’ proposed changes for individual rates in 2017 range from about 39 percent to about 6.7 percent. …
A.M. Besthas downgraded the financial strength rating (FSR) to B++ (Good) from A- (Excellent) and the issuer credit ratings (ICR) to “bbb+” from “a-” ofNational Fire and Indemnity Exchange(NFIE) in St. Louis, Mo. The outlook for the FSR has been …
Insurance brokerage, USI Insurance Services (USI), has appointed David A. Nurre president, employee benefits for the Cincinnati, Ohio, office. As president, Nurre is responsible for the growth and overall performance of the business unit. Nurre has more than 17 years …
An Indianapolis suburb removed social media pages for the city and its police department after a lawsuit accused it of violating residents’ First Amendment rights by removing posted comments. The American Civil Liberties Union of Indiana filed the lawsuit last …
