Illinois News

Fowerbaugh Joins Butler Rubin

Albert E. Fowerbaugh, Jr. has joined the Chicago law firm Butler Rubin Saltarelli & Boyd LLP as a partner. At Butler Rubin, Fowerbaugh will concentrate his practice in complex commercial litigation. Most recently, Fowerbaugh was a partner at DLA Piper …

Illinois Reminds Producers of Continuing Education Requirements

Beginning Jan. 1, 2010, insurance producers in Illinois will be required to include three hours of classroom ethics instruction as part of their required 24 hours of continuing education. In a bulletin released by the Illinois Department of Insurance, producers …

Ratings Recap: Arbella, Wayne Mutual, Arrowhead, Unique, Oswego County

A.M. Best Co. has upgraded the financial strength rating to ‘A-‘ (Excellent) from’ B++’ (Good) and issuer credit ratings to “a-” from “bbb+” of Arbella Insurance Group and its members. Arbella consists of Arbella Mutual Insurance Company, majority-owned subsidiaries Arbella …

Technical Loss Adjustment and Appraisal Joins Crawford & Company

Claims management provider Crawford & Company has acquired certain assets of Technical Loss Adjustment and Appraisal LLC (TLAA) of Chicago. The firm’s five experienced adjusters have joined Crawford’s Global Technical Services organization, Crawford announced. TLAA, established in May 2005, includes …

InsuranceLeads.com Announces Free Webinar to Explore Insurance Marketing for Agents

The major online insurance leads provider, www.insuranceleads.com, will offer a no-cost web cast seminar allowing insurance agents in every field to improve their marketing skills and take advantage of several industry tips and precautions. North Hollywood, CA, November 3, 2009 …

Rose and Warner Join Beazley’s Builders’ Risk Unit in Chicago

Beazley is expanding its U.S. property insurance business with the creation of a dedicated Builders’ Risk team to be located in Chicago, Ill. Colin Rose, a senior underwriter from the London Construction and Engineering team, will move to Chicago to …

People

Aon Corp. has named John Bayeux as managing director of Aon Risk Services. Bayeux has 22 years of experience as a risk manager and insurance broker in the financial institutions sector. He will work with clients, the financial institutions markets …

Illinois Suspends Operations of Medical Liability Insurer

Illinois Director of Insurance Michael McRaith has suspended the operations of medical liability insurer Professional Liability Insurance Company of America (PLICA). Under the Department of Insurance order dated Oct. 22, 2009, PLICA is prohibited from writing new policies or renewing …

States and Cell Phone Driving Laws

A jurisdiction-wide ban on driving while talking on a hand-held cell phone is in place in 7 states (California, Connecticut, New Jersey, New York, Oregon, Utah, and Washington) and the District of Columbia. Utah has named the offense careless driving. …

Decades in the Making, NAIC Outlines Natural Catastrophe Plan

White Paper Approved at Fall Meeting with Near-Unanimous Vote Though it may seem like the debate over the creation of a national catastrophe insurance plan is a relatively recent phenomenon, the National Association of Insurance Commissioners actually began addressing the …