February 11, 2010
Snowmobilers in Illinois should properly insure their vehicles according to state insurance regulators. The Illinois Department of Insurance issued a statement saying it is encouraging enthusiasts to purchase snowmobile insurance that could help repair or replace damaged equipment or help …
February 11, 2010
A small pre-dawn earthquake hit northern Illinois on Feb. 10, startling residents as far away as Michigan and Iowa, but no damage or injuries were immediately reported. The Illinois State Geological Survey (ISGS) said the earthquake was felt in eight …
February 10, 2010
National Contractors Insurance Company, Inc., a Risk Retention Group (“NCIC”), A.M. Best Rated B+ (Good), is expanding from 25 to 35 states, with their Commercial General Liability coverage now being made available in Alabama, Connecticut, Indiana, Iowa, Kansas, Ohio, Mississippi, …
February 10, 2010
Toyota Motor Corp., the world’s most dominant and profitable automaker, was not accustomed to outsiders telling it what to do, let alone some obscure bureaucrat from the United States, whose own car industry was on taxpayer-funded life support. But in …
February 10, 2010
Allstate Insurance Company said it will open an $11.6 million customer information center in San Antonio, Texas, and is planning to hire 600 employees as part of that move. Allstate vice president of direct sales and service Mark Pitchford said …
February 8, 2010
Private insurer State Farm informed a U.S. government regulator of a worrying trend of vehicle-caused accidents involving Toyota Motor Corp. as far back as late 2007, an official at the company said. “When you start to see significant claims activity …
February 7, 2010
$100,000 The Illinois Department of Insurance revoked the insurance licenses Daniel Martin Deitz of Bloomingdale and his Schaumburg-based agency, Danny Martin CLU and Associates (Martin), and imposed a $100,000 fine — the maximum allowed under Illinois law — for participating …
February 7, 2010
ProBuilders The ProBuilders risk retention group offering general liability insurance for builders and contractors will stop accepting new business and not renew most of its 1,800 policies as of March 1. According to Bill Tepe, chief financial officer for NationsBuilder …
February 7, 2010
Fiesta Auto Huntington Beach, Calif.-based Fiesta Auto Insurance is combining its two business models — insurance and tax preparation — under one roof, quadrupling its presence to more than 80 locations. Launched in 1999 to provide auto insurance to Hispanic …
February 7, 2010
Hylant Group, W Group Cincinnati-based insurance brokerage, Hylant Group, and the W Group, a privately owned employee benefit services provider, have merged. The combined organizations will form one of the largest employee benefit firms in the Cincinnati area, the companies …