Illinois News

Lockton Adds Wasilchuk as Account Executive in Chicago

Lockton has hired John Wasilchuk as an account executive in its Chicago office focusing on environmental risk management. He is responsible for placement of environmental insurance coverage for Lockton clients and maintaining relationships with environmental underwriters and carriers. Prior to …

NSM Insurance Group Acquires Professional Underwriters Agency

NSM Insurance Group announced it has acquired Professional Underwriters Agency Inc. (PUA), a managing general agent specializing in professional liability and located in Oak Brook, Ill. PUA was founded more than 30 years ago as a professional liability market for …

Illinois Man Gets 6-Months in Jail for Insurance Fraud

A northern Illinois man has been sentenced to 6 months in jail for insurance fraud and forgery. Kane County prosecutors say 53-year-old Juventino Guzman of Elgin falsely claimed he’d slipped, fallen and was injured at three businesses in Elgin and …

Keystone Insurers Group Names Five New ‘Pioneer’ Partners in Illinois

Keystone Insurers Group named five new franchise partners in Illinois, completing its list of “Pioneer Partners” — the first 10 agencies in the state to join the property/casualty insurance network. Keystone’s Pioneers will help identify additional potential franchise partners in …

Baweja Appointed VP – Analytics at CNA Financial Corp.

Chicago-based CNA Financial Corp. has appointed Naveen Baweja vice president of analytics. Baweja will provide leadership and support to the underwriting transformation initiatives component of the CNA Enterprise Roadmap, with a focus on enhancing the company’s data and analytics capabilities. …

Assurance Names Davidson, Jungers Employees of the Year

Assurance, an independent insurance brokerage with offices in the Chicago, Ill., and St. Louis, Mo.-areas, announced that Robert Davidson and Jennifer Jungers are its Employees of the Year for 2013. Aussurance has been recognizing outstanding employee contributions with its Employee …

Former Basketball Star Bringing Insurance Jobs to Illinois

Earvin “Magic” Johnson will be a controlling shareholder of an insurance company that’s opening new offices in Illinois and creating about 200 jobs. Gov. Pat Quinn and Chicago Mayor Rahm Emanuel announced in a statement that EquiTrust Life Insurance Co. …

Employee Benefits Provider, MRCT, Launches Private Health Exchange in Missouri

St. Louis, Mo.-based MRCT, a comprehensive, employee benefits, financial products and human resources consulting firm, announced the launch of SmartBenefits Marketplace. The locally owned and operated private healthcare exchange will offer products and services in Missouri and Southern Illinois. MRCT …

Hike in Auto Insurance Rates Expected in Illinois

Illinois drivers should get ready to pay more for insurance. Northbrook-based Allstate says in a regulatory filing that rates for customers will climb between 2.5 and 3.5 percent later this month. Esurance rates are rising about 3.2 percent in late …

Legislation Filed in Illinois Would Nix Workers’ Comp for Non-Work Accidents

Illinois lawmakers will consider legislation this spring that aims to clarify who is responsible for injuries sustained in a traffic accident on the way to work. Lee Enterprises Newspapers in Illinois reported that Sen. Kyle McCarter, a Lebanon Republican, has …