Illinois News

Study Finds Treating Worker Depression is Smart Business Move

Investing in depressed employees — quickly getting them treatment and even offering telephone psychotherapy — can cut absenteeism while improving workers’ health, a study suggests. Many employers view mental health coverage as a financial black hole, but the study shows …

Chicago Woman Files Lawsuit Involving Recalled Cribs

A Chicago-area woman who bought a crib that was later part of a major recall has sued its maker, Simplicity Inc., and retailer Target Corp. The lawsuit, filed Monday in federal court in Minneapolis, seeks class-action status. According to the …

Brooke Franchise Corp. to Acquire Chicago Area Agency Network

Brooke Franchise Corp., a subsidiary of Brooke Corp. recently announced an agreement to acquire 60 insurance agency locations from entities associated with Chicago-based J and P Holdings Inc. The acquisition is expected to close on Sept. 28, 2007 and is …

Society of Actuaries Names Bykerk President for 2008-2009 Term

Schaumburg, Ill.-based the Society of Actuaries (SOA) recently announced that Cecil D. Bykerk was elected president of the Society of Actuaries for the 2008 – 2009 term. Bykerk will serve as president-elect during the association’s 2007 – 2008 year and …

Feds Sues Ill. Saying New Law Hinders Illegal Immigration Crackdown

The Federal government is suing Illinois over a new state law it says complicates federal efforts to crack down on illegal immigration. The Illinois law would prevent employers from participating in a federal program that verifies whether workers are legally …

Erie Insurance Announces Plans to Enter Minnesota Market in ’09

Penn.-based Erie Insurance recently announced that the company plans to write business in Minnesota beginning in the fourth quarter of 2009. . “We are looking forward to entering Minnesota because of the substantial growth opportunities the state provides for our …

State Farm Honors Wis. Resident at Women Awards Presentation

Bloomington, Ill.-based State Farm Insurance recently honored exceptional women across the country during the Embrace Life Awards luncheon held in New York City. Each year the Awards recognize five remarkable women who have inspired others by doing extraordinary things despite …

My New Markets

Youth Recreation Programs Nuts & Bolts: Markel Insurance Co. is offering coverage for youth recreation programs and camps. Coverage includes general liability, umbrella, sexual abuse/molestation, D&O, child abduction, special events, professional liability, property, key employee replacement, auto, crime, and business …

My New Markets

Environmental Consultants-Contractors Nuts & Bolts: As part of the comprehensive coverage care suite of products, ELM Insurance Brokers has an addition to its errors and omissions/directors and officers/ employment practices liability/crime and fiduciary suite, environmental liability for consultants and contractors’ …

From the Big Apple to the Corn State

From the executive office of the Greater New York Mutual Insurance Companies on Madison Avenue in the heart of New York City, Warren Heck, chairman and chief executive officer, can see Illinois. “It’s fantastic, unbelievable. I get very excited when …