The Insuring Cannabis Summit starts today! Get Your Free Ticket

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 …

People and Places

Bob Lund, vice president and general counsel of SFM Mutual Insurance Co. since 1998, has been chosen as SFM’s new president and chief executive officer, Board Chair Truman Jeffers recently announced. Lund succeeds Pat Johnson, who is retiring after 14 …

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: …

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 …

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 …

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 …

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 …

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. …