Illinois News

News Currents

State Farm has resolved 99 percent of all Katrina-related claims filed by policyholders. Sen. Lott settles Katrina claim with State Farm U.S. Sen. Trent Lott, R – Miss., has agreed to settle the lawsuit he filed against State Farm Fire …

California susceptible to class action lawsuits

California’s class action law ranks 46th in the nation in fairness and reasonableness, according to an annual national ranking of state civil justice systems. The only worse systems were in Louisiana, Illinois, Mississippi and West Virginia. The rankings were released …

My New Markets

Earthquake Nuts and Bolts: Wholesale Connection Insurance Services, located in Woodland Hills, Calif., added a new carrier to its list of Earthquake markets in California. Dollars: Capacity in zones A, B and E is $2,500,000 for primary and $5 million …

My New Markets

Mortgage Company E&O/Fidelity Bond Nuts & Bolts: SUA Inc. has insurance packages for the mortgage industry covering both mortgage brokers and bankers. Coverages include professional liability, fidelity/crime bond, mortgage impairment and employment practices liability. Dollars: $300,000 to $5 million. Carrier: …

People and Places

Doug Eden joined Main Street America Group as senior vice president, field operations. Eden will be a member of the company’s senior management team based at its corporate headquarters in Jacksonville, Fla. Eden joins Main Street America from The Hanover …

It Figures

250 The number of federal emergency management officials in Rhode Island helping to stage a mock response to the fictional “Hurricane Yvette” from a “storm center” at the Cranston Street Armory in Providence. A response team gathered only knowing that …

People

Doug Eden joined Main Street America Group as senior vice president, field operations. Eden will be a member of the company’s senior management team based at its corporate headquarters in Jacksonville, Fla. Eden joins Main Street America from The Hanover …

My New Markets

Commercial Auto Nuts & Bolts: Arrowhead General Insurance Agency Inc. has a commercial auto liability and physical damage coverage program for the standard market. Extra heavy vehicles are accepted, and “Sym 1” is available on fleets of more than five. …

People and Places

Steve Taylor has been promoted to regional sales director for Encompass Insurance in New York and New Jersey. Taylor joined Allstate in 1978 as an underwriter trainee. He was promoted to various management positions in underwriting and sales, including regional …

New Markets

My New Markets Commercial Auto Nuts & Bolts: Arrowhead General Insurance Agency Inc. has a commercial auto liability and physical damage coverage program for the standard market. Extra heavy vehicles are accepted, and “Sym 1” is available on fleets of …