Insurance
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Catastrophe losses double at Travelers as insurance industry, more regions hit by severe weather
Jul 21, 2023 7:10 am - Travelers, considered a bellwether for the insurance industry due to its size, said catastrophe losses doubled in its most recent quarter and the company swung to a loss...
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Room to operate: Ascension Alexian Brothers showing off modernized surgical facilitiesJun 28, 2023 6:42 am - Dan Doherty recalls the recent day when Ascension Alexian Brothers staff walked through the site's four new operating rooms. The Elk Grove Village hospital held an open ...
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Insurance association hires new president and CEOJun 21, 2023 2:05 pm - LISLE - The American Association of Insurance Services said Wednesday it named Werner E. Kruck as president and chief executive officer, effective Monday, June 26. Kruck...
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Allstate returns cash to shareholders through dividendsMay 23, 2023 3:30 pm - NORTHBROOK - Allstate Corp. said Tuesday its board of directors has approved a quarterly stock dividend of 89 cents per outstanding common share. Allstate also declared ...
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Allstate reports huge increase in catalytic converter theftsMay 22, 2023 8:46 am - NORTHBROOK - The latest numbers from Allstate show catalytic converter replacements among its customers grew 1,155% nationally between 2019 and 2022. Allstate also named...
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Allstate reports losses in quarterMay 08, 2023 8:48 am - NORTHBROOK - Allstate Corp. reported a first-quarter loss of $320 million, after reporting a profit in the same period a year earlier. The Northbrook-based insurer said ...
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Allstate announces catastrophe losses for March, first quarterApr 24, 2023 9:13 am - NORTHBROOK - The Allstate Corporation announced estimated catastrophe losses for the month of March of $1.17 billion or $927 million, after-tax. Catastrophe losses for M...
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Allstate increases quarterly dividendFeb 22, 2023 7:42 am - NORTHBROOK - Allstate Corp. said its board of directors has approved a quarterly dividend of 89 cents per common share, an increase of 4 cents, or 4.7%, per share compar...
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Berkley offering workplace violence coverageFeb 17, 2023 7:52 am - NAPERVILLE - Berkley Program Specialists said it now provides workplace violence commercial insurance coverage in select states. Berkley announced a partnership with Tal...
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Insurance group announces search for CEOFeb 10, 2023 7:46 am - LISLE - The American Association of Insurance Services said it has begun a search for a new CEO. Current CEO Ed Kelly will assume a role as board adviser through the CEO...