The Illinois Department of Insurance reported that a licensed insurance agent, Larry Chouinard of Kankakee, has been arrested for allegedly defrauding 13 businesses of nearly $370,000. Bradley, Ill., police arrested Chouinard after the Illinois Attorney General unsealed a 19-count indictment …
Truly listening to what agents have to say can make a world of difference in how an insurance company is run and organized. Just ask the folks at San Diego-based ICW Group Insurance Companies, an Insurance Journal-ranked Super Regional carrier …
The Hartford Financial Services Group Inc. has appointed Jeff Lange as regional vice president of The Hartford’s Chicago Regional Office. The office provides underwriting, sales and loss control services for the company’s independent property/casualty insurance agents and their customers in …
Capitol Insurance Companies (Capitol) based in Middleton, Wis., has launched a commercial automobile insurance product. The company said the product is available for appointed insurance agents and brokers through a newly designed online processing system that will allow them to …
West Virginia’s BrickStreet Mutual Insurance Co. said it received word this week that it has been approved to write workers’ compensation insurance in Kentucky. The expansion into Kentucky begins a “new phase of open market competition” for the former state …
Zion, Ill., resident Reuben Collier Jr. has pleaded guilty to four Class 3 felony charges in Lake County Court, the Illinois Department of Insurance announced. Collier, an insurance agent licensed by the Department, operated Collier Insurance Agency based in Waukegan, …
U.S. states probing employee bonuses paid by American International Group Inc. using taxpayer money plan to join federal investigators in the matter, while leaving open the possibility of pursuing the case themselves. Since March, a 19-state coalition has been investigating …
Fireman’s Fund Insurance Co., based in Novato, Calif., is planning on expanding its product lines to reach a broader customer base, according to company executives. In an exclusive interview with Insurance Journal, Mike LaRocco, CEO of Fireman’s Fund, and Eleanor …
Gov. Pat Quinn has signed legislation designed to make health insurance coverage for workers laid off from small businesses more affordable. Under federal legislation, people who formerly worked at firms of 20 employees or more are eligible for a subsidy …
New York-based Tower Group, Inc. has agreed to purchase Illinois-based specialty insurer Specialty Underwriters’ Alliance, Inc. in a transaction valued at approximately $107 million. Under the terms of that agreement, SUA shareholders would receive Tower common stock equal to $6.72 …
