Jim Clay, chairman and CEO of the Ohio-based insurance and financial services company, Westfield Group, has been named chairman of the private sector business development group, Team Northeast Ohio (Team NEO). Team NEO is a regional collaboration of Northeast Ohio’s …
A southern Illinois fire chief says a string of fires at rental properties do not appear to be connected. The (Carbondale) Southern Illinoisan reports there have been 12 fires at rental homes since May 2014. Seven of them happened in …
A.M. Besthas downgraded the financial strength rating to B- (Fair) from B (Fair) and the issuer credit rating to “bb-” from “bb” of Unique Insurance Co. (Unique) of Chicago, Ill. The outlook for both ratings has been revised to negative …
Bryan Lewis has been named director of sales for St. Paul, Minn.-based CHS Insurance, an agribusiness insurance broker and full-service insurance subsidiary of CHS Inc. Lewis will have responsibility for the property/casualty and group benefits sales teams, as well as …
A divided state Senate approved revisions to Michigan’s auto insurance law that backers said would curtail costs in the only state to require unlimited medical benefits for those severely injured in crashes and that opponents warned wouldn’t guarantee rate relief. …
Making the jump from a being a captive agent to an independent one is not for the faint of heart, says one veteran Chicago-based agent. But Sharon Robles has no regrets, none at all. Robles was a successful captive agent …
A.M. Best has downgraded the financial strength rating (FSR) to B+ (Good) from B++ (Good) and the issuer credit rating (ICR) to “bbb-” from “bbb+” of Specialty Risk of America (SPRISKA) in Springfield, Ill. The outlook for the ICR remains …
The North Dakota Insurance Department says it helped residents recover or save nearly $4.4 million last year. The department says the money was recovered on behalf of North Dakota residents through its hotline, complaints filed by consumers against insurance companies …
A legislative panel has approved changes to Michigan’s auto insurance law, voting to reduce how much insurers pay for medical care, establish an anti-fraud authority and create a new entity to cover expenses for people catastrophically hurt in car crashes. …
City officials in Burlington, Iowa, announced it will be able to build flood walls and other barriers to keep the Mississippi River at bay during flood events. The city has been awarded a $26.2 million grant from the state Homeland …
