All the headlines from our Illinois Topic Page, ordered by recency.
Dec 10 2019 // AM Best has downgraded the Financial Strength Rating to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Rating to “bbb+” from “a-” of National Fire and Casualty Co. (NFC), based in...
Dec 3 2019 // At an invitation-only gathering late last year, U.S. regulators and their guests huddled at a hotel near Washington, D.C., to discuss the best way to detect cancer-causing asbestos in talc powders and cosmetics.The...
Dec 2 2019 // W. R. Berkley Corp. announced the appointment of Daniel R. Westcott as president of Berkley Re America (BRAM). Westcott has 20 years of experience in the property and casualty reinsurance market. He joins Berkley from The...
Nov 21 2019 // Top U.S. House Democrats have called for a federal review of the Keystone pipeline and the agency that regulates it in the wake of 383,000-gallon (1.4-million-liter) spill in northeastern North Dakota, the latest of three...
Nov 18 2019 // A federal agency upheld its decision to deny financial assistance to Illinois residents and business owners affected by historic flooding despite granting the state public aid.The Federal Emergency Management...
Nov 14 2019 // Independent Insurance Agents of Illinois (IIA of IL) has elected Bill Wirth, of Wirth Agency in Waterloo, as president of the group for a term that runs until Sept. 30, 2020.As president, Wirth will serve as a member of...
Nov 12 2019 // Juul Labs Inc. was sued for collecting biometric data from its online customers as a method of verifying they are legally old enough to buy vaping products. The company was accused in a complaint filed last Thursday in...
Nov 8 2019 // A jury awarded $101 million to the mother of a severely brain-damaged boy who sued a Chicago-area hospital for medical malpractice, but an agreement between the parties cut the amount to $50 million, a lawyer...
Nov 8 2019 // Trustmark, a national employee benefits provider headquartered in Lake Forest, Illinois, has promoted Steve Horvath and Sean McManamy to new positions.McManamy, a corporate senior vice president and member of the Trustmark...
Nov 7 2019 // Employee benefits expert Shaan Merchant has joined Alliant Insurance Services in Bannockburn, Illinois, as first vice president. Merchant has experience designing and delivering employee benefits solutions that lower...
Nov 4 2019 // Workers’ compensation medical costs vary widely among the states both in terms of price and how often services are used. The differences appear to relate closely to which cost-drivers each state legislature tried to...
Oct 30 2019 // Federal workplace safety officials have levied $1,591,176 in penalties against a silicon chemical products manufacturer after four employees suffered fatal injuries in an explosion and fire at the company’s Waukegan,...
Oct 24 2019 // McNeil & Co. (McNeil) as acquired Bonding & Insurance Specialists Agency Inc. (BISA), an Orland Park, Illinois-based firm providing insurance products in the environmental and restoration industries.As part of the...
Oct 21 2019 // Workers’ compensation medical costs vary widely among the states both in terms of price and how often services are used. The differences appear to relate closely to which cost-drivers each state legislature tried to...
Oct 18 2019 // Marion, Illinois-based independent insurance agency, The Insurance House, has hired Curt Mayer as a commercial lines insurance producer and Brittny Reising as a personal lines producer.Mayer has experience with various...
Oct 16 2019 // A proposed bill would require all CBD products sold in Illinois to meet testing requirements that would be developed by the state Department of Agriculture.CBD is a cannabis extract that does not cause a high but is...
Oct 10 2019 // AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “ccc-” from “cc” and affirmed the Financial Strength Rating (FSR) of C- (Weak) of American Heartland Insurance Co....
Oct 10 2019 // Alera Group, a national employee benefits, property/ casualty, risk management and wealth management firm based in Deerfield, Illinois, has appointed Sally Prather as its national Employee Benefits Practice...
Oct 9 2019 // Independent Insurance Agents of Illinois (IIA of IL) has named Eclipse Insurance Agency of Du Quoin, Illinois, as its 2019 Insurance Agency of the Year. Keenan Rice, owner of Eclipse Insurance Agency, was named the 2019...
Sep 12 2019 // A freight train believed to be bearing a flammable liquid used in solvents derailed Tuesday in an Illinois suburb of St. Louis, causing a fire that sent thick, black smoke into the air and prompted the evacuation of nearby...