Illinois News

My New Markets

Monthly Pay Renters Insurance Nuts & Bolts: TCBTI LLC is offering a List Bill Monthly Pay Renters Insurance Program that allows coverage for all residents of an apartment complex on a list bill, monthly pay basis. No credit score underwriting …

Walgreen ordered to pay $6 million to family

The Arizona family of a high-school wrestling coach who died of an interaction between two pain medicines has won a $6 million wrongful death award from Walgreen Co. Lawyers for the family of Coconino High School coach Eric W. Warren …

Editor’s Note: Deer and cars don’t mix

With the California wild fires still raging and causing destruction to property and lives, and tornadoes and floods causing damage in other parts of the country — somehow discussing deer and automobile crashes doesn’t seem critical. But it is critical. …

People

Austin, Texas-based Medicus Insurance appointed John Flanagan as its new Regional Market manager for the Midwest. Flanagan will be based in Chicago. Flanagan brings over five years of experience in the professional liability industry to his new role as business …

People

Medical liability insurer Medicus Insurance appointed Jason Muesse as Southwest Regional Market manager. He will work out of Medicus’ Austin, Texas, office. Muesse will take on the new responsibility of business development in the Southwest region after having worked at …

British Petroleum to pay more than $370 million for violations in U.S.

British Petroleum and several of its subsidiaries in late October 2007 agreed to pay approximately $373 million in fines and restitution for environmental violations, according to the U.S. Department of Justice. The sanctions stem from a fatal explosion at a …

My New Markets

Agents E&O Nuts & Bolts: Market Scout is offering a broad coverage form from three different “A” rated carriers. Each insurer has agreed to provide up to 25 percent discounts for agencies that have 40 percent of their professional staff …

My 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. Home Fuel Oil Delivery Nuts & Bolts: International Excess of Pittsburgh is offering coverage for …

Insurers Used Variety of Resources to Reach Out to Fire Victims

In the midst of the blazing wildfires that overwhelmed seven Southern California counties in October, insurance companies sprung into action. Most said they had learned from past catastrophes and that preparation was key to minimizing losses. According to Erron Al-Amin, …

People

Bermuda-based Catlin Group Ltd. appointed Nick Greggains chief underwriting officer for insurance, and Andrew Englesbe chief underwriting officer for reinsurance for Catlin U.S. Both will be responsible for insurance and reinsurance underwriting operations in the United States. Greggains was most …