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Insurance

Insurance rates seen rising in flood-prone areas with Trump plan

Christopher Flavelle
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

Bloomberg News
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 Chicago

Mar 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.
Allstate CEO calls for efforts to fight climate change

By Richard Klicki
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

By Christopher Placek
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.
Hurricane Michael leads Allstate to $202M in losses during October

Nov 15, 2018 9:22 AM - The Allstate Corp. announced estimated catastrophe losses for the month of October 2018 of $202 million, pre-tax ($160 million, after-tax).
Should Uber, Lyft drivers get extra insurance?

By LACIE GLOVER
Apr 8, 2018 1:00 AM - Uber and Lyft drivers might seem well-insured, between the ride-booking companies' coverage and their own policies. However, a crucial gap leaves drivers at risk if they have an accident at the wrong time.
Work from home? If you don't have this insurance, you could be at risk

Elisabeth Leamy
Mar 4, 2018 1:00 AM - If you work for yourself from home or run a home-based business, you need insurance to protect yourself. Why? "You need to separate your business from your home. If you make a mistake in your professional life, you don't want people to be able to come after your home," says insurance agent Mark Ahart.
Why millennials should care about Medicare right now

By LIZ WESTON
Feb 25, 2018 8:48 AM - Lawmakers understand that cutting current retirees' Medicare benefits is a political nonstarter. Older people vote, and they have one of the most powerful lobbyists, AARP, advocating on their behalf. Younger people? Not so much. Politicians will be tempted to foist the biggest cuts on people farther away from retirement (who are presumably paying less attention).
Allstate president retires in executive restructiring

Daily Herald Report
Jan 5, 2018 6:00 PM - Allstate Corp. President Matt Winter will retire at the end of February, the company announced Wednesday,

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