Illinois News

CarInsurance.com Adds Insurance Carriers for 2008

CarInsurance.com, which sells auto insurance over the Internet, has added more carriers to its current 28 state agency product offering. In November and December 2007, the firm expanded and now offers Encompass Insurance – Allstate and Progressive Drive in Arizona; …

Proposed Federal Regulation of Insurance Hotly Debated

Participants on a panel session debating the pros and cons of proposed federal regulation of the insurance industry at the Casualty Actuarial Society’s (CAS) annual meeting agreed there is a need for regulatory reform, but strongly disagreed on how and …

Top Insurance Stories in 2007 in Midwest

From storms that flooded the Midwest destroying homes and business in the summer to a court ruling that could have a significantly negative impact on the medical malpractice insurance market in the state of Illinois, 2007 was a year to …

Liberty Mutual Gives Top Coach Award to Zook at Illinois, 3 Midwest Coaches

Their teams amassed 43 wins this year against a mere eight setbacks; their student-athletes displayed exceptional discipline on the field, integrity off the field, and excellence in the classroom; and they exercised their leadership position in their communities with countless …

New Ill. Law Requires Background Check on Carnival Ride Workers

A new Illinois law requires background checks on workers who operate amusement park and carnival rides. Governor Rod Blagojevich says the law is designed to protect children by preventing registered sex offenders and other convicted felons from operating rides. The …

Top Insurance Stories in 2007

The debate over climate change captured the world’s attention, including the insurance industry’s, in 2007, while major hurricanes spared the United States’ coastline. The soft market took hold of virtually all segments of the insurance market and even buyers in …

Salmonella Fear Prompts Recall of Mexico-Grown Basil

Some 5,500 pounds of basil grown in Mexico and sold in the United States has been recalled because of fears it may be infected with salmonella, a spokesman for the importer said. The basil was imported from a farm in …

Ice Storms Across Plains, Midwest Ground Airliners, Turn Deadly

Ice storms slickened roads and sidewalks, grounded hundreds of flights, and cut power to tens of thousands beginning Dec. 9 as the storms swept across the Southern Plains to the Great Lakes. The wintry weather continued and ice storm warnings …

People

Toledo, Ohio-based privately held commercial insurance brokerage, the Hylant Group, has named John W. Chaney as president of the Cleveland office and regional vice president. Chaney will be responsible for the overall management of the Cleveland office, while overseeing the …

Country Financial Enters Chicago Market, Names Fisher as Director

Rural company comes back to its roots in the big city Veteran Chicago financial services executive Michael Fisher has been appointed director of new market development by Country Insurance & Financial Services and will manage its newly created Chicago district …