December 17, 2010
Arthur J. Gallagher & Co. said it has acquired wholesale insurance broker Continental Excess & Surplus, Inc., trading as Continental/Marmorstein & Malone, located in Paramus, New Jersey and its affiliate, All Risk/CESI, LLC., located in New York City. Terms of …
December 17, 2010
Independent insurance agents in Illinois are urging state lawmakers to pass workers’ compensation reforms in early January, before a new General Assembly will be sworn in. “The facts are alarming,” stated Todd Henricks, president of the Independent Insurance Agents of …
December 17, 2010
Illinois-based global insurance broker Arthur J. Gallagher & Co. reports it has acquired Herbruck, Alder & Co., an employee benefit brokerage located in Cleveland, Ohio. Terms of the transaction were not disclosed. Founded in 1962, Herbruck, Alder & Co. specializes …
December 16, 2010
Mark Baechle has been appointed senior vice president of Willis of Illinois Inc.’s Surety Practice, effective immediately. He will be responsible for managing the Surety operation in Willis’ Chicago office. Baechle will also be responsible for maintaining, developing and executing …
December 15, 2010
Final disciplinary actions taken by the Texas Department of Insurance, Division of Workers’ Compensation (TDI-DWC) for November 2010 include fines of up to $60,000. Final orders for November 2010: American Zurich Insurance Company of Schaumburg, Ill. Order Number: DWC-100100 Date …
December 14, 2010
Chicago-based auto insurance provider, Insurance Navy, and business insurance provider, Insure US Corp, have agreed to consolidate their insurance offerings/services in the Midwest. According to the agreement, Insurance Navy will provide technical and marketing assistance, as well as policy underwriting …
December 13, 2010
The Illinois Department of Insurance announced it issued the following disciplinary orders for November 2010: Adele M. Cowell, Red Bud – Stipulation and Consent Order, effective Oct. 6, 2010. Cowell has been licensed to sell life, accident, health, property, and …
December 10, 2010
New and existing small businesses can apply for $5 million in loans through an Illinois program aimed at creating and retaining jobs in urban areas. Illinois economic director Warren Ribley announced the Community Development Fund program Wednesday in Chicago. The …
December 10, 2010
A federal judge has awarded $15 million to the family of one of four people killed in a 2005 crash on the Indiana Toll Road caused by a truck driver. District Judge Theresa Springmann found Net Trucking of Burbank, Ill., …
December 9, 2010
The standard minimum unemployment insurance (UI) tax rate paid by Texas employers in calendar year (CY) 2011 will be 0.78 percent, up from 0.72 percent in CY 2010, the Texas Workforce Commission (TWC) announced. The taxes replenish the Texas Unemployment …