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Allstate acquires National General for $4 billion in cash
Jul 8, 2020 4:39 PM
Northbrook-based insurance company Allstate is buying National General Holdings for $4 billion in cash, expanding the scope of its insurance holdings.
Religious freedom organization sues state over abortion mandate for insurers
Daily Herald report
Jun 10, 2020 5:52 PM
The Thomas More Society is suing the state to challenge a law requiring all health insurance policies sold in Illinois to provide coverage for elective chemical and surgical abortions, with no exemptions even for churches.
Federal Life Insurance expands into the Medicare Supplement market
May 1, 2020 9:54 AM
Federal Life Insurance Company will be offering new Medicare Supplement products through a distribution partnership with Senior Market Sales.
COVID-19 virus exposes weaknesses, gaps in insurance
Apr 16, 2020 8:41 AM
In the CV19 Task Force daily briefing, we see and hear the government scrambling to problem solve the ever expanding pandora's box of the economic and human misery. On the health coverage side of the equation, we can see several adjustments or "bug fixes" that are being made on an almost daily basis.
Allstate among insurers returning money to customers during 'unprecedented' driving slump
By Katherine Chiglinsky
Apr 6, 2020 1:56 PM
Northbrook-based Allstate Corp. and American Family Insurance are returning some money to auto insurance customers as widespread shutdowns across the U.S. from the coronavirus cut down on driving.
Aon agrees to purchase Willis Towers in $30 billion deal
By Katherine Chiglinsky
Mar 9, 2020 2:24 PM
Aon Plc agreed to buy Willis Towers Watson Plc in an almost $30 billion transaction that combines the world's second- and third-biggest insurance brokerages.
Commentary: Retirement advice is looking shakier than ever
Mar 8, 2020 6:00 AM
A new regulation purports to hold insurance companies and agents up to a high standard so that they only recommend investments that are in a consumer's best interest. Then it tells insurers that "best interest" is to be measured only against the products that they sell.
How auto insurers use your nondriving habits to raise prices
By KAYDA NORMAN of NerdWallet
Mar 1, 2020 6:21 AM
You expect your car insurance rates to increase after you buy a new vehicle, cause a crash or add a young driver to your policy. But some insurers jack up prices based on seemingly unrelated data -- like your magazine subscriptions or what groceries you buy.
Allstate January catastrophe losses at $58M
Feb 20, 2020 10:10 AM
The Allstate Corp. estimated catastrophe losses for the month of January were $58 million.
How to figure out how much homeowner's insurance you need
Jan 19, 2020 6:17 AM
Insurance policies vary, and sometimes homeowners and buyers find it difficult to understand what's covered, when to file a claim and how homeowner's insurance differs from a home warranty.
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