Illinois News

Illinois Insurance Regulator Offers Pet Insurance Advice

With the high cost of pet care, the Illinois Department of Insurance is offering consumer tips on shopping for pet health insurance. Department Director Michael McRaith says coverage and costs can vary widely depending on a pet’s breed and age, …

Mann Joins Plexus Groupe

Illinois-based commercial insurance broker The Plexus Groupe said that Michael R Mann has joined the firm’s leadership team and will be responsible for its property and casualty practice. Mann, a 20-year veteran of the insurance industry, has held leadership roles …

Stone Joins PMA Management as Senior Account Executive for Illinois

PMA Management Corp., headquartered in Blue Bell, Pa., announced that Jack Stone has joined the organization as senior account executive for Illinois. Stone will be responsible for growing PMA Management’s workers’ compensation, commercial auto and general liability third party claims …

Illinois Accuses Insurance Agent, Agency of Scamming Investors

The Illinois Department of Insurance has revoked the license of an Illinois insurance agent for allegedly luring Illinois and California retirees into a pyramid scheme in which the agent misrepresented that the funds would be used for the purchase of …

DeLaney Joins Grange Insurance as VP of HR, Community Relations

Grange Insurance, headquartered in Columbus, Ohio, announced that Doreen DeLaney has joined the company as vice president of human resources and community relations. In this role, she’ll lead all human resources functions, including recruiting and talent development, and will develop …

Illinois Insurance Regulators Want More Oversight on Health Rates

Illinois regulators will ask lawmakers for the authority to approve or deny health insurance rate increases, saying residents need protection from skyrocketing costs that aren’t justified. Currently there is nothing the state can do to stop rate increases, no matter …

Texas Commissioner Orders $551K in Fines and Restitution in June

Enforcement actions taken by Texas Insurance Commissioner Mike Geeslin that became final during June 2010 included four license revocations, three license denials, and fines and restitution totaling $551,012. Copies of Geeslin’s orders may be obtained by contacting TDI’s Public Information …

Allstate Operating Income Rises in Q2; Capital Losses Hurt Net Income

The Allstate Corp., headquartered in Northbrook, Ill., reported that second quarter 2010 operating income rose to $441 million compared to $297 million in the same period of 2009, reflecting improved results in both property/liability and Allstate Financial. Net income was …

Florida Insurance Council Names New President

The Florida Insurance Council¹s (FIC) Executive Board announced today that it has selected Cecil Pearce as the trade association¹s new president. He will succeed Guy Marvin, who announced his retirement earlier this summer. Pearce joins FIC from the American Insurance …

Milton O. Johnston to Offer Main Street America Commercial Coverages

Houston, Texas-based managing general agent Milton O. Johnston & Co. Ltd. has been appointed by The Main Street America Group to write commercial general liability, commercial auto (liability and physical damage) and cargo insurance coverage in Texas and Illinois. Other …