Texas storms push Allstate April catastrophe losses to $290 million
May 16, 2019 9:49 AM -
The Allstate Corp. said Thursday catastrophe losses for the month of April 2019 of $290 million.
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Storms bring Allstate catastrophe losses in March to $381 million
Apr 18, 2019 1:20 PM - Spring storms, primarily in the southern U.S., led to Allstate Corp. paying out $381 million, in pre-tax estimated catastrophe losses for the month of March. -
Northwestern Mutual -- Greater Chicago opens West Loop office
Mar 28, 2019 2:56 PM - The Goris Financial Group of Northwestern Mutual recently opened a new office in Chicago's West Loop neighborhood. -
AAIS expanding cannabis firm insurance to Colorado
Mar 26, 2019 10:53 AM - The American Association of Insurance Services announced Tuesday it is expanding its Cannabis Businessowners Policy program into Colorado, following success with the industry-specific insurance progarm in California. -
Allstate catastrophe losses in February top $150M
Mar 21, 2019 12:09 PM - Allstate Corp. said estimated catastrophe losses for the month of February 2019 were $151 million, -
Insurance rates seen rising in flood-prone areas with Trump plan
Mar 17, 2019 6:00 AM - Flood insurance premiums could rise and property values fall in the most deluge-prone areas under a plan the Trump administration intends to roll out in coming weeks to change the way risk is calculated under the National Flood Insurance Program. -
Aon says it's no longer pursuing Willis Towers acquisition
Mar 6, 2019 9:05 AM - Aon said it's no longer pursuing a combination with rival insurance brokerage Willis Towers Watson, a day after confirming that it was considering a tie-up. -
Firm rebrands to Northwestern Mutual - Greater ChicagoMar 5, 2019 2:45 PM - The North Shore-based Goris Financial Group of Northwestern Mutual announced the re-branding of its agency from Northwestern Mutual -- North Shore to Northwestern Mutual -- Greater Chicago.
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Allstate CEO calls for efforts to fight climate change
Dec 13, 2018 5:36 PM - The historic wildfires in California cost Allstate $685 million in losses in November, prompting CEO Tom Wilson on Thursday to call for increased efforts to address the impact of climate change. -
Gallagher plans to expand on Rolling Meadows campus, creating 700 jobs
Dec 3, 2018 5:30 AM - Rolling Meadows-based insurance giant Arthur J. Gallagher & Co. is planning to expand on its Golf Road campus with a new four-story building that would house 700 new employees, if it can get state and local tax incentives.
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Business Insights
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The 2020 election and U.S. immigrationThere's little doubt that U.S. immigration policy will be a central theme of the 2020 Presidential election. While illegal immigration continues to grab headlines, it's the too often overlooked legal immigration system that also provides virtually unlimited opportunities for improvement. -
Why I should consider a search fund when selling my businessSmall businesses are experiencing a period of unprecedented transition. Baby boomers make up more than 50% of today's business owners. Many are approaching retirement without a firm succession plan in place. -
Repeat after me: Workforce development is economic developmentTalent, or more accurately the lack of talent, is determining how much product we deliver, how many shifts we employ, and how fast we grow. It is not capital expenditures, financing, transportation, or rules and regulations. It is people. -
Harper College helps small businesses start and growThe Illinois Small Business Development Center at Harper College provides no-cost consulting and training for entrepreneurs and small businesses to help owners achieve marketing, financial and operational success.
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