Illinois News

Florida Officials, State Farm Expect to Resolve Withdrawal Terms By June 15

Representatives of Florida insurance regulators and State Farm Florida believe they will be able to resolve their differences over how the insurer may exit the state’s insurance marketplace by June 15. Lawyers for the adversaries asked for and have been …

Ratings: Allstate, Arrowhead, Nat’l. Lloyd’s/Summit, ISMIE Mutual, Greenville Casualty, Un. Farm Indiana

Standard & Poor’s Ratings Services has assigned its ‘A-‘ senior debt rating on Allstate Corp.’s (ALL) recently priced senior debt issue. S&P also affirmed its ‘A-‘ counterparty credit rating on ALL and its ‘AA-‘ counterparty credit and financial strength ratings …

Lockton Chicago Named a 2009 Best Place to Work in Illinois

Lockton Chicago has once again been named one of the Best Places to Work in Illinois, an award program created in 2006 and is a project of The Business Ledger, the Society for Human Resource Management (SHRM), the Illinois State …

Arthur J. Gallagher Acquires Texas-based Employee Benefit Broker

Arthur J. Gallagher & Co. has acquired the Sellers Group LLC, an employee benefit broker in The Woodlands, Texas. Terms of the transaction were not disclosed. Established in 1997, Sellers Group LLC offers a full range of group employee benefit …

Cleanup Begins After Midwest Storms Kill 6

Residents of the Midwest began clearing away wreckage May 9 following a wave of powerful storms that splintered homes, knocked out power to thousands and killed six people. Hundreds of homes and businesses were damaged or destroyed May 8 in …

Declarations

Twittering Mississippi “With a diverse group of staff members with different skills and knowledge of various technologies, Twitter was mentioned as one of the most efficient ways to connect with people, and it’s free.” β€”Mississippi Department of Transportation spokeswoman Carrie …

California Remains Top Spot for Vehicle Thefts

The National Insurance Crime Bureau (NICB) reported that 2008 marked the nation’s fifth consecutive year of declining vehicle thefts in the United States. Although most areas experienced a reduction in vehicle theft, there were several noteworthy exceptions in states that …

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Products Liability for Roller Coasters and Rides Market Detail: MarketScout offers agents access to products …

People

The Professional Insurance Agents Association of Ohio Inc. (PIA) has selected Douglas L. Jackson to serve as director of education. Jackson, a Certified Parks and Recreation Professional (CPRP), comes to PIA after working more than six years as director of …

Rader Elected American Association of Insurance Services Chairman

Jack M. Rader, executive vice president and COO of Farmers Alliance Companies in McPherson, Kan., was elected chairman of the American Association of Insurance Services (AAIS) at the association’s annual meeting held in Half Moon Bay, Calif. Rader succeeds James …