Arthur J. Gallagher & Co. has acquired Benefits Unlimited Inc. in Houston, Texas. Terms of the transaction were not disclosed. Established in 1994, Benefits Unlimited offers employee benefits consulting and brokerage services for its Texas clients. The firm specializes in …
Giant insurance broker, Aon Corp., said it will resume taking contingent commissions from insurers where they are permitted – reversing its policy on the controversial compensation just six months after a legal settlement banning the volume-based payments was lifted. In …
The Illinois Department of Insurance revoked the insurance producer licenses of a Lake Bluff-based insurance agency and three insurance agents, including two from Antioch and one from Chicago, for the improper marketing and sale of life insurance to military personnel …
Honolulu-based Island Insurance Co. Ltd., Hawaii’s largest locally owned and managed property and casualty insurance carrier, has appointed Jeff Fabry as senior vice president and chief information officer and chief security officer. Fabry, who previously held the title of vice …
A.M. Best Co. has placed under review with negative implications the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Risk Management Association of Illinois-based Residential Construction Employers Council (RMA). The rating actions reflect Best’s “inability …
The percentage of Illinois motorists using safety belts has reached a record of more than 92 percent. Illinois Transportation Secretary Gary Hannig says traffic deaths in the first six months of 2010 are also down. Hannig says an estimated 92.6 …
Northwest Indiana authorities say a nine-month sting targeting car thieves attracted 20 men and women who sold undercover police 70 vehicles valued at more than $510,000. Lake County Sheriff Roy Dominguez said that investigators wrapped up the sting this week …
The Mississippi River is back above flood stage from the southern tip of Iowa through Missouri, leaving some communities on edge as more storms threaten to bring more water. Parts of southern Iowa, northern Missouri and western Illinois received 5-7 …
Brown & Brown Inc. has promoted J. Scott Penny to the position of regional president. Penny, who has served as a regional executive vice president since 2002, is responsible for oversight of retail profit center operations of Brown & Brown …
Giant insurance broker, Aon Corp., said it will resume taking contingent commissions from insurers where they are permitted— reversing its policy on the controversial compensation just six months after a legal settlement banning the volume-based payments was lifted. In a …
