Illinois News

People Patricia Smith has joined InsurBanc, a financial services provider for independent insurance agencies, as vice president of sales and business development. Smith will focus on the needs of independent agencies and develop relationships with them. Smith joins InsurBanc with …

My New Markets

Allied Medical Organizations PL/GL Nuts & Bolts: Travis-Pedersen Associates Inc. is now offering a policy that covers a broad range of medical malpractice and general liability exposures. Allied health care facilities are those businesses that provide medical services directly to …

U.S. Grand Jury Subpoenas Allstate, Nationwide over Katrina Claims

Allstate Corp. and Nationwide Mutual Insurance Co. have been subpoenaed by a federal grand jury investigating the insurance industry’s handling of Hurricane Katrina claims in Mississippi, the companies said. Allstate, the nation’s second-largest property and casualty insurer behind State Farm, …

People and Places

Patricia Smith has joined InsurBanc, a financial services provider for independent insurance agencies, as vice president of sales and business development. Smith will focus on the needs of independent agencies and develop relationships with them. Smith joins InsurBanc with more …

News Currents

State Farm to reopen 350 hurricane claims in Louisiana Holly Beach, La., October 3, 2005 – Nothing is left of the community of Holly Beach, once home to 300 residents and a favorite destination for thousands of tourists and fishermen. …

State Farm Claims at $12 Million After Deadly Kansas Tornado

State Farm Insurance Co. has paid out about $12 million in claims with more still coming in after a Kansas tornado that destroyed a town two weeks ago and killed at least a dozen people, the company said. Home and …

My New Markets

Allied Health Care Nuts & Bolts: Travis-Pedersen Associates, Inc. is now offering a policy that covers a broad range of medical malpractice and general liability exposures. Allied health care facilities are those businesses that provide medical services directly to a …

People

McQueary Henry Bowles Troy named Senior Vice President Brad Van Stavern to lead the new property/casualty practice in its Austin office. Van Stavern brings experience in the health care industry, where he held positions with Pfizer and Boston Scientific. Most …

State Farm to reopen 350 hurricane claims in Louisiana

State Farm Fire and Casualty Co. has agreed to reopen and possibly pay claims for about 350 policyholders in Louisiana whose homes were destroyed by hurricanes Katrina or Rita, the company announced recently. State Farm patterned its agreement with Louisiana …

Business Moves

Hilb Rogal & Hobbs, Global Special Risks Hilb Rogal & Hobbs Co. (HRH) acquired the operating assets of Global Special Risks LLC, effective May 1, 2007. The terms of the transaction were not disclosed. Global Special Risks (GSR), an excess …