Illinois News

Study: Massachusetts Workers Comp Claims Costs Grew Rapidly

Workers’ compensation costs per claim in Massachusetts were typical among 14 study states, but grew rapidly in four out of five study years, including a nearly 10 percent increase in 2005 claims evaluated in 2006. The study by a Cambridge, …

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. Contractors Nuts & Bolts: Lemac & Associates, a division of Risk Placement Services, Inc., is …

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. Contractors Nuts & Bolts: Lemac & Associates, a division of Risk Placement Services Inc., is …

To Perpetuate or Sell – It’s a Big Decision to Make

Agencies that choose to remain independent can do so with hard work, industry consultant says If you run your business as if you will choose to perpetuate you’re maximizing value,” says John Wepler, president of the consulting firm Marsh Berry …

Tort Systems Study Provides Officials with Guidelines

In the competition for jobs and capital investment among the states, those states that suffer from high tort costs and litigiousness will continue to lose jobs and businesses to states with superior tort systems. In case you missed it — …

$15.5 Million Settlement Avoids Bankruptcy for Will County Deputies

Illinois authorities say the Will County Sheriff’s deputies who lost a $15.5 million judgment to the parents of slain 3-year-old Riley Fox will not be forced into bankruptcy. Both sides have reportedly agreed to a deal that gives the dead …

People Wisconsin-based Wausau Insurance recently announced that Michael Parker has been appointed executive vice president — Field Operations. Parker will have oversight responsibility for all Wausau field sales and underwriting divisions. Over a 30-year career with Wausau, he held increasing …

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. Hackers Nuts & Bolts: Coverage for unauthorized access to electronic communication systems (hacker) is being …

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. Blanket Accident Insurance Nuts & Bolts: Francis L. Dean & Associates of Illinois is offering …

Business Moves

Texas Farmers Insurance Company Texas Farmers Insurance Company filed a rate increase for its “Texas Family Home Policy” with the Texas Department of Insurance. The increase would impact 200,000 customers or approximately 35 percent of Farmers’ homeowners customers in the …