Illinois News

Texas, Oklahoma Among States Requiring Fire-Safe Cigarettes

Laws mandating stores only sell cigarettes that are slow-burning and fire-safe went into effect in five states on New Year’s Day, including Texas and Oklahoma. Those two states, plus Delaware, Iowa and Pennsylvania, joined 17 others in mandating the fire-safe …

FBI Launches Investigation of Bankrupt Brooke Corp.

Federal authorities are investigating the finances of bankrupt Kansas-based Brooke Corp. The court-appointed special master for the banking and insurance services provider, Albert Riederer, told the Kansas City Star that the bureau had made an informal request for company records …

People

Alice A. Molasky Arman joined Western Insurance Co. as senior vice president of government relations. Molasky Arman recently retired from the State of Nevada, where she was recognized as the state’s longest serving Commissioner of Insurance serving a tenure from …

States Rate Poorly on Consumer Insurance Information on Web

A national consumer group says state insurance departments vary in the quality of the information they provide consumers online, with differences in the usefulness of information such as the rates and practices of individual insurance companies. According to the Consumer …

California Workers’ Compensation Insurers File for Rate Increases

The California Department of Insurance has approved rate increases for several workers’ compensation insurers. California Insurance Commissioner Steve Poizner had recommended a 5 percent increase in his rate advisory. However, several insurers requested increases in excess of 5 percent, including: …

Private, Independent and Free

Ohio-based The Hylant Group Has 12 Locations But Only One Philosophy — Give Customers and Staff What They Need to Succeed Top 100 Agency Profile RANKING: No. 7 Agency Name: The Hylant Group Headquarters: Toledo, Ohio Year Founded: 1935 Additional …

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. Top 10 Most Unusual Searches on MyNewMarkets.com in 2008 Exotic Snake and Reptile Breeding Operation …

It Figures

750 A St. Louis company has recalled 750 pounds of sausage products that may be contaminated with a bacteria that can cause a potentially fatal illness. The U.S. Department of Agriculture said the sausage products were produced on Dec. 18 …

Study: Deadliest Hotspots for Teen Crashes on New Year’s Holiday

Some have called New Year’s Eve “amateur hour” on the roads. That couldn’t be more true for teen drivers, who, even if they haven’t been drinking, lack experience behind the wheel. A recent study by Allstate says that among the …

Business Moves

Editor’s Note: For a comprehensive report of mergers and acquisitions for 2008, see Special Report: Agency Mergers in 2008 in the Dec. 22, 2008, edition of Insurance Journal. Euclid Insurance, Illinois American Insurance Agency Euclid Insurance Services Inc., has acquired …