Illinois News

What’s in a Name? As Willis Tower, Building Is Just as Tall

The tallest building in the Western Hemisphere has gone global. The historic Sears Tower in downtown Chicago has been renamed Willis Tower and now holds one of the three largest office locations of global insurance broker Willis Group Holdings. The …

Today Is Hearing Deadline for State Farm Florida Exit Plan

Today is an important deadline in the process of settling the terms of State Farm’s withdrawal from the Florida insurance market. Representatives of Florida insurance regulators and State Farm Florida had hoped to resolve their differences by June 15over how …

Wisconsin Court Tosses Lawsuit Against John Deere Over Mower Mishap

The Wisconsin Supreme Court says a father who accidentally severed the feet of his two-year-old son with a riding lawnmower cannot hold the manufacturer liable for the injury. In a 4-2 decision, the court ruled that bystanders, such as the …

C.W. Olson Promotes Meliker to VP and In-House Counsel

Rolling Meadows, Ill.-based C. W. Olson and Company, an affiliate of the full-service insurance brokerage firm Associated Agencies Inc., has promoted Matthew Meliker to executive vice president and in-house counsel. Meliker, a resident of Itasca, Ill., has practiced law since …

State Farm Florida Withdrawal Plan May Go To Judge

After months of trying, Florida state officials and State Farm Florida have been unable to agree on the details of the insurer’s plan for withdrawing from the state, so steps have been taken to have an administrative law judge decide. …

Associated Agencies Promotes Herz

Rolling Meadows, Ill.-based Associated Agencies Inc. has promoted Joshua B. Herz, of Chicago to senior vice president. As Associated Agencies’ senior vice president, Herz will continue to maintain his client base, and will actively mentor new salespeople within the company. …

Iowa’s Grinnell Mutual Awards $50K in Scholarships

Grinnell Mutual Reinsurance Company, through its independent agency force, has recently awarded 50 Road to Success scholarships to high school seniors throughout its 10-state writing area including Iowa, Illinois, Indiana, Wisconsin, Ohio, Minnesota, Missouri, North Dakota, Nebraska and South Dakota. …

ICW Group Now Offers Workers’ Compensation Insurance in Illinois

San Diego, Calif.-based ICW Group Insurance Companies is now offering workers’ compensation insurance in Illinois. The ICW’s Illinois workers’ compensation office is led by Suzanne Lysak. Lysak has more than 16 years of experience in the workers’ compensation insurance industry, …

Southwest Illinois Seeks Senator’s Help in Flood Mapping

Leaders in southwestern Illinois hope the state’s senior U.S. senator gets the region another delay in the publication of newly drawn Mississippi River flood maps. Once completed, the new Federal Emergency Management Agency maps are expected to produce a dramatic …

Illinois’ McRaith Named Director of New Department of Insurance

Illinois Governor Pat Quinn has named Michael McRaith as the director of the newly created Department of Insurance. As a result of Governor Quinn’s Executive Order 4, the Department of Insurance (DOI) separated from the Illinois Department of Financial and …