Illinois News

FEMA Reverses, Says Illinois Counties Qualify for Flood Aid

Livingston and Iroquois counties in eastern Illinois will receive federal disaster aid to recover from January flooding, the Federal Emergency Management Agency said Friday. March 7 in a decision that reversed an earlier ruling. FEMA initially ruled last month the …

Illinois Agents, Director Cracking Down on Certificate of Insurance Abuses

Illinois Insurance Director Michael McRaith recently announced a statewide effort to enforce Illinois’ statutes regarding certificates of insurance and warns producers and companies that violations can result in significant penalties. “The issue of amending or altering certificates of insurance that …

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 a …

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 a …

State Farm Reports 3% Profit Increase For 2007

Bloomington, Ill.-based State Farm Insurance announced that profit rose 3 percent last year on the strength of higher auto policyholder dividends despite a steep decline in property casualty underwriting. The company said nearly half of the 79 percent drop in …

Senate Confronts Product Safety

A bill to crack down on dangerous consumer products was approved by the U.S. Senate Thursday after a year of recalls of millions of lead-tainted toys and other hazardous products, many made in China. The bill would beef up the …

Texas Automobile Insurance Plan Association Elects Officers

The Texas Automobile Insurance Plan Association has elected of officers for 2008-2009. Elected chair of the Governing Committee is Corise Morrison, executive director, residual markets, USAA, San Antonio. She previously served as vice chair. Carol Berthold, general manager, GEICO, Washington, …

GlobalGreen Insurance Offers Independent Agents Franchise

St. Louis-based Equity One Franchisors, LLC recently announced it is offering independent insurance agents an opportunity to franchise GlobalGreen Insurance Agencies. The first three established franchises are located in Chesterfield, Mo., Columbia, Mo. and Waterloo, Ill. “We founded GlobalGreen to …

Ill. Mayor Headed to Washington to Seek Aid

Pontiac Mayor Scott McCoy is heading for Washington D.C. to answer questions, describe the situation and see if there is anything else he or the city can do in order to receive a federal disaster declaration. McCoy met Tuesday with …

Judge Upholds Montana’s Decision to Ban ‘Discretionary Clauses’

A federal judge has upheld a ruling by State Insurance Commissioner John Morrison prohibiting “discretionary clauses” in group health and disability insurance policies in Montana. The ruling by U.S. District Judge Donald Molloy of Missoula means insurers no longer can …