Illinois News

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 …

Midwest Wheat Farmers Reap Preventive Planting Insurance Money

U.S. farmers struggling to seed their wheat crop will likely reap an insurance check rather than sow in less-than-ideal conditions, analysts and agronomists said. Farmers with prevented planting insurance can receive up to 60 percent of their expected revenue if …

Gallagher Buys Hawaii Agency

Arthur J. Gallagher & Co. has acquired Triad Insurance Agency, Inc., in Honolulu, Hawaii from The Bank of Hawaii. Terms of the transaction were not disclosed. Originally founded in 1967, Triad Insurance Agency, Inc. is a managing general agent and …

Socius Hires in California and Illinois

Socius Insurance Services, Inc., a San Francisco-based management liability and property & casualty insurance wholesaler, today announced the appointment of Devin Wright as assistant vice president in its San Francisco office. The company also hired Matt Baird as assistant vice …

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 …

RLI to Expand Healthcare Liability Coverage

Illinois-based RLI announced a new non-profit healthcare organization and executive liability policy, which will include expanded coverage and simplified policy language. “Our contract will be shorter Γ’€” more concise Γ’€” which should alleviate a major point of frustration for risk …

INSTEC Names Budde as Vice President, Client Services

William T. (Bill) Budde has been named vice president, Client Services and Solutions at Naperville, Ill.-based Insurance Information Technologies Inc. (INSTEC). Budde has more than 25 years of experience with insurance companies such as Zurich and USF&G, global service providers …

Willis Names Ealy National Partner for Midwest Region

Insurance broker Willis Group Holdings has appointed Thomas V. Ealy as national partner of the Midwest Region for its North American retail operations. In his new role, Ealy will oversee the company’s retail offices in Illinois, Minnesota, Wisconsin, Michigan, Ohio …

Business Moves

A.J. Gallagher, Fox Lawson Itasca, Ill.-based Arthur J. Gallagher & Co. has acquired Fox Lawson & Associates LLC in St. Paul, Minn. Terms of the transaction were not disclosed. Founded in 1995, Fox Lawson & Associates is a compensation and …