Illinois News

My New Markets

Vacation Income Property (VIP) Nuts & Bolts: Middle Oak is offering insurance designed exclusively for vacation income property. What is covered: homes, condos, short term or year round rentals, owner use, two nights, seasonal etc. In the name of a …

Business Moves

Safeco Seattle-based Safeco has expanded its sales organization from five to nine regions, and has named executives to lead two of the territories. “Independent insurance agents have consistently told us they want more personal contact,” said Spencer Donkin, senior vice …

Ill. Shand Morahan Acquires Cambridge Alliance

Ill.-based Shand Morahan & Company, Inc., a Markel Corp. company, recently announced the acquisition of Cambridge Alliance. Cambridge Alliance will place business with the Evanston Insurance Co. in all states except Illinois and New Hampshire, where business will be placed …

The Hartford settlement ends agents’ contingent commissions

The Hartford Financial Services Group Inc. announced it has reached a settlement with the New York, Connecticut and Illinois attorneys general resolving matters relating to their investigations of the compensation arrangements between the insurer and its property/casualty agents and brokers. …

My New Markets

Phone Indications on EPLI Nuts & Bolts: International Excess Agency Inc. is offering phone indications on employment practices liability. The company suggests that interested parties provide the number of employees, class of business and loss history, and it will provide …

Hub Acquires N.Y.’s Jacobs & Jacobs

Hub International Limited reports it has acquired the New York risk management firm, Jacobs & Jacobs, Inc. (J&J). J&J’s operations became part of Hub International Northeast (HUB Northeast), expanding this operation’s current presence in the Long Island, New York area. …

My New Markets

Vacation Income Property (VIP) Nuts & Bolts: Middle Oak is offering insurance designed exclusively for vacation income property. What is covered: homes, condos, short term or year round rentals, owner use, two nights, seasonal etc. In the name of a …

People

The Main Street America Group named Gregg Effner assistant vice president of distribution management. Effner, who has 30 years of property/casualty industry experience, will be based at the company’s corporate headquarters in Jacksonville, Fla. In this newly created position, Effner …

Midwestern states push for truck-only lanes

With truck traffic rising, at least nine states are considering proposals to separate big rigs from cars on heavily traveled interstate highways, hoping to reduce congestion, improve safety and increase commerce by moving goods faster. Ohio, Nevada and other states …

Commercial Lines Leaders

About the Commercial Lines Leaders: The Commercial Lines Leaders in this special feature are taken from Insurance Journal’s Top 100 Property Casualty Independent Agencies as reported in April. This list utilizes only the commercial lines numbers of agencies that submitted …