Willis Group Holdings Ltd. announced that the company has agreed to buy Virginia-based rival Hilb Rogal & Hobbs Co., according to a statement late on Sunday. Willis said the $2.1 billion deal would double its “North American revenues and strengthen …
A Chicago police officer working with a tow company owner and another policeman allegedly scammed an insurance company, authorities said yesterday. According to a news account in the Chicago Sun-Times, Officer Joseph A. Grillo, 45, was arrested on June 5 …
The Property Casualty Insurers Association of America (PCI) has hired Marguerite Murer as senior vice president of public affairs. Murer has extensive public affairs experience in both the public and private sectors. She most recently served as The Allstate Corp.’s …
The National Association of Insurance Commissioners is losing trust because it at times operates behind closed doors and is not open to dialogue with the insurance industry. That was the criticism of NAIC, as voiced by representatives of the American …
Insurance broker Aon Corp. reported today that the five government agencies to its 2005 regulatory settlement agreement have agreed to an amendment that will permit companies it acquires to continue to accept contingent commissions for three years following their acquisition …
The Hanover Insurance Group recently announced that it has strengthened its presence in Wisconsin, naming Andrew R. Knipfer, CPCU, ARM, regional vice president for commercial lines. In this role, Knipfer will oversee all aspects of commercial lines business for the …
Another Year of Solid Growth, With 2007 Premiums Increasing By 16.5% Over 2006 Strength and Security – Reinsured by AM Best Rated A- IX, 95:5 Quota Share After 1st $10,000 – Arguably One of the Strongest RRG’s in the Construction …
Appleton, Wis.-based Integrity Mutual Insurance Co. named Darin L. Kath as president-designate. Richard J. Schinler, current president and chief executive officer, will retire after 25 years with the company on Dec. 31. He will remain in his current position until …
Tornado warning sirens chased lawmakers to the statehouse basement, a semitrailer was blown from a roadway and homes and an airport building were damaged as severe storms battered parts of Illinois and Indiana on late on May 30. Illinois lawmakers, …
Exclusions United Fire & Casualty Co. v. Keely & Sons, Inc. Ill. App. May 2, 2008 Commercial policy does not provide coverage to policyholder for claims of spoliation of evidence. A policyholder was sued when employees were injured after falling …
