IFAwebnews » IL

Gallagher acquires retail insurance broker serving central U.S.

IFAwebnews Staff — Fri, 04 May 2012 12:21:00 +0000

Arthur J. Gallagher & Co. acquired Schiff, Kreidler-Shell Insurance and Risk Services, a retail insurance broker based in Cincinnati, Ohio.

Gallagher acquires retail insurance broker serving central U.S. via IFAwebnews.

Aetna to sell health plans to Costco members in Pa., Va., other states

IFAwebnews Staff — Mon, 30 Apr 2012 00:08:06 +0000

National health insurer Aetna will offer individual health insurance to Costco members in nine states, including Pennsylvania and Virginia.

Aetna to sell health plans to Costco members in Pa., Va., other states via IFAwebnews.

MetLife to pay $600 million to consumers in ‘landmark’ settlement

Jaime L. Brockway — Mon, 23 Apr 2012 21:40:09 +0000

A group of six states reached a $40 million “landmark” settlement today (April 23) with nine MetLife insurance companies that might return about $600 million to consumers nationwide.

MetLife to pay $600 million to consumers in ‘landmark’ settlement via IFAwebnews.

Ill. insurance agent who lost license charged in alleged fraud scheme

Jaime L. Brockway — Fri, 20 Apr 2012 11:30:20 +0000

A former insurance broker of Belleville, Ill., accused of pocketing at least two women's premiums may have stolen from other victims, authorities say.

Ill. insurance agent who lost license charged in alleged fraud scheme via IFAwebnews.

Kemper rebranding Unitrin Specialty under its name

Jaime L. Brockway — Wed, 18 Apr 2012 15:30:59 +0000

Kemper Corp., a Chicago, Ill.-based personal and commercial auto insurance provider, is changing the name of its Unitrin Specialty business to Kemper Specialty.

Kemper rebranding Unitrin Specialty under its name via IFAwebnews.

Florida firm pays $137M to settle false claims, ‘cherry picking’ case

Jaime L. Brockway — Wed, 11 Apr 2012 12:13:36 +0000

A Tampa, Fla.-based managed care services provider will pay $137.5 million to the federal government and nine states to settle four lawsuits accusing the company of violating the federal False Claims Act.

Florida firm pays $137M to settle false claims, ‘cherry picking’ case via IFAwebnews.

Arthur J. Gallagher buys La. employee benefits, brokerage operation

IFAwebnews Staff — Wed, 11 Apr 2012 09:24:14 +0000

Arthur J. Gallagher & Co. acquired a 36-year-old, Louisiana-based employee benefits and insurance brokerage company serving the southern U.S.

Arthur J. Gallagher buys La. employee benefits, brokerage operation via IFAwebnews.

Savoy Associates, Bancorp Bank team up on HSA program

IFAwebnews Staff — Wed, 04 Apr 2012 09:05:54 +0000

Savoy Associates, a full-service regional health insurance general agency, recently launched an Health Savings Account (HSA) banking initiative with The Bancorp Bank.

Savoy Associates, Bancorp Bank team up on HSA program via IFAwebnews.

Judge favors AIG, approves $450M settlement for underreporting claim

Jaime L. Brockway — Wed, 21 Mar 2012 19:06:08 +0000

A federal judge in Illinois approved a $450 million settlement to resolve the under-reporting of American International Group’s (AIG) market share in the workers’ compensation market.

Judge favors AIG, approves $450M settlement for underreporting claim via IFAwebnews.

New York insurer eyes greater Midwest presence with acquisition

Bob Graham — Wed, 21 Mar 2012 10:24:16 +0000

USI Insurance in Briarcliff Manor, N.Y., acquired an Itasca, Ill.-based property-casualty and employee benefits operation.

New York insurer eyes greater Midwest presence with acquisition via IFAwebnews.