Agency Specialty Product Network (ASPN) has announced it has formed an alliance with Midwest Employers Casualty Co. (MECC), based in Chesterfield, Mo., to offer large deductible workers’ compensation programs (single and multi-state, where such products are not prohibited or restricted …
Poverty dropped in Illinois last year, but the number of residents without health insurance increased, U.S. Census data released this week shows. About 1.39 million, or 11 percent, of state residents last year were poor, down from 1.49 million, or …
In response to the severe thunderstorms that have resulted in flooding in the Chicago area, the Chubb Group of Insurance Cos. is offering its homeowners insurance customers two services to help reduce damage to their property. Upon request, Chubb can …
OneBeacon Professional Partners business reports that it will begin offering managed care errors and omissions coverage on an admitted basis. The company, a unit of OneBeacon Insurance Group, said filings have been approved in 33 states, including Florida, Illinois and …
Consumer products giant Procter & Gamble Co. has sued Kraft Foods Inc., charging that a new plastic container for Kraft’s Maxwell House coffee brand infringes on patents for P&G’s Folgers coffee container. P&G introduced a plastic container for its Folgers …
Boston-based Liberty Mutual Group finalized its acquisition of Ohio Casualty Corp. on Friday, Aug. 24, 2007 and immediately announced a realignment of its $5.9 billion net premium regional agency company organization to make room for Ohio Casualty and its $1.4 …
Thunderstorms raced through an already waterlogged northern Illinois, leaving people who live near swollen rivers and streams warily watching rising water levels on Thursday. The storm, which included lightning and winds that reached more than 50 miles per hour in …
Fireman’s Fund Insurance Company has introduced insurance especially designed for collector car owners. The collector car market has expanded substantially over the last several years. It includes traditional collector cars such as the Ford Model A, Chrysler Desoto and Packard …
A fire on a railroad track crossing the Ohio River left Kentucky and Illinois firefighters with a conundrum. They were surrounded by water, but it wasn’t close enough to the flaming crossties on the Canadian National Illinois Central Railroad bridge …
A.M. Best Co. has assigned a financial strength rating of “A-” (Excellent) and an issuer credit rating of “a-” to Employers Direct Insurance Company (EDIC) of Agoura Hills, CA with a stable outlook. Best noted that EDIC “is a wholly …
