August 20, 2008
Schaumburg, Ill.-based Zurich North America Commercial announced today that its new Zurich Integrated Products unit is accepting new business submissions from agents and brokers in several Midwestern states for commercial customers in the small-to-middle market segments. Zurich launched this new …
August 19, 2008
An insurance company giant has agreed to pay $225 million to settle a lawsuit that accused it of discriminating against pregnant women and other high-risk patients in Illinois. The Illinois attorney general’s office announced the settlement with Virginia-based Amerigroup on …
August 15, 2008
From cracked oil and natural gas pipelines to contaminated public water supplies, the nation’s economy could be the biggest casualty of the next major Midwest earthquake, an earthquake expert warned. Geologic engineering professor Dave Rogers of Missouri University of Science …
August 15, 2008
Florida Insurance Commissioner Kevin McCarty announced that the Office of Insurance Regulation reached a limited agreement with the Allstate Companies. The agreement includes a $5 million fine to resolve the ongoing issues that had become the subject of numerous proceedings …
August 12, 2008
An American stabbed to death in China in an attack that also critically injured his wife had ties to the Metro East, Ill. Sixty-two-year-old Todd Bachman was the board chairman at Edwardsville-based Hortica. That company provides insurance and risk management …
August 12, 2008
Iowa’s law on insurance rebates is clear, and the Des Plaines, Ill.-based the Property Casualty Insurers Association of America (PCI). The national group is urging the Insurance Commissioner Susan Voss to work with the industry to find an appropriate resolution …
August 8, 2008
Due to the success of it’s inaugural Exchange conference, MyNewMarkets.com, has scheduled two additional conferences in San Diego on Sept. 4, 2008. and Dallas on Sept. 30, 2008. MyNewMarkets.com Exchange conferences can best be described as insurance “market fairs,” where …
August 8, 2008
Zurich announced from its Illinois headquarters that Ron Davis has been appointed executive vice president and head of customer management for General Insurance, effective immediately. Davis, who previously served as global relationship manager for Zurich Global Corporate, is based in …
August 8, 2008
Enforcement actions by Texas Commissioner Mike Geeslin in June included five license revocations, a license denial, and fines and restitution totaling $4,422,505, theTexas Department of Insurance reported. Copies of Geeslin’s orders may be obtained by contacting TDI’s Public Information Office. …
August 7, 2008
Grange Insurance recently added Michelle Benz as president of the Grange Life Insurance Company. She replaces Tom Welch, previous president of Grange Life who was promoted to chief financial officer of Grange Insurance in April. Welch had been leading Grange …