Illinois News

Finding a Niche

A Young Company With a Nontraditional Management Style, Heffernan Insurance Brokers Has Shown How an Agency Can Be Young and Successful at the Same Time Top 100 Agency Profile RANKING: No. 11 Agency Name: Heffernan Insurance Brokers Headquarters: Walnut Creek, …

Chubbdog Millionaires: 10 Insurance IT Employees Hit the Jackpot

The people at Chubb Insurance Group’s personal lines insurance unit, which serves people with above-average needs, have 10 new prospects right outside their window. Ten employees in the IT department of Chubb Commercial Insurance, in the building next to the …

Auto Club Insurance to Buy GMAC Affiliate MEEMIC in Michigan

Auto Club Insurance Association, a Dearborn, Michigan-based insurer, reported it has agreed to acquire MEEMIC Insurance Co. and its insurance agency affiliate, MEEMIC Insurance Services Corp. ACIA is the second largest provider of auto insurance in Michigan based on net …

Texas Workers’ Comp Div. Issues $169K in Fines in Dec.and Jan.

Texas Commissioner of Workers’ Compensation Rod Bordelon announced that disciplinary actions taken by the Texas Department of Insurance, Division of Workers’ Compensation (TDI-DWC) in December 2008 and January 2009 resulted in administrative penalties totaling $169,800. Commissioner’s orders are subject to …

Churchill Downs Enacting Safety Changes Before Next Kentucky Derby

Nearly a year after the first fatal injury at America’s most famous horse race, Churchill Downs announced this week it is beefing up safety requirements ahead of this year’s Kentucky Derby. The company is enacting more than 20 changes, ranging …

RLI Launches Network Security, Privacy Breach Coverage

Peoria, Ill.-based RLI Corp. began offering its new network security and privacy coverage – CyberSecure – which insures losses from system vulnerability, security issues and a wide range of exposures to financial loss arising from network security and privacy breaches. …

West Virginia’s Workers’ Comp Writer BrickStreet to Expand Into Other States

Workers’ compensation insurer BrickStreet Mutual Insurance Co. wants to expand into Kentucky, Virginia, Alabama, Pennsylvania and Illinois. President and Chief Executive Officer Greg Burton says the West Virginia-based company plans to apply in those states over the next couple of …

Schrayer Named President of Associated Agencies

Associated Agencies Inc. named Max “Skip” Schrayer as president of Associated Agencies Inc. Schrayer also serves as president of Auto and Home Insurance Agency. As president of these two companies, he oversees every aspect of commercial and personal insurance for …

Kentucky Considers Forcing Drunk Drivers to Install Ignition Devices

People caught driving drunk in Kentucky just once could be forced to install breath-alcohol monitoring devices in their cars, as the state’s lawmakers consider joining other states, including Alaska, in toughening DUI laws. House lawmakers are considering proposals aimed at …

Illinois Supreme Court Rejects Insurer’s Claim That 2 Deaths Were Single Event

The accidental deaths of two teenage boys at an excavation site in 1997 were separate occurrences under the liability insurance policy of the property owner, the Illinois Supreme Court has ruled in reinstating a $2 million judgment against the insurer. …