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Third generation takes helm at Konen Insurance
Aug 27, 2019 9:28 AM
Nick Knudtson becomes third generation owner at Konen Insurance, joining his father, Jerry Knudtson, and uncle Brian Konen as partners in the family-owned business.
Assurance to move headquarters
Aug 8, 2019 12:13 PM
National insurance brokerage Assurance announced it will move its headquarters down the street to a new 75,000 square foot space at 20 N. Martingale Road in Schaumburg.
Texas hailstorms affect Allstate catastrophe losses in June
Jul 18, 2019 2:26 PM
The Allstate Corp. said estimated catastrophe losses for the month of June 2019 of $309 million.
Allstate May catastrophe losses hit $473 million
Jun 20, 2019 10:32 AM
The Allstate Corp. announced estimated catastrophe losses for the month of May 2019 of $473 million.
Proper Title opens St. Charles office
Jun 3, 2019 11:24 AM
Proper Title LLC, a full-service title insurance firm serving commercial and residential real estate, has opened a new location at 440 S. 3rd St. in St. Charles to accommodate its fast-growing business.
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.
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
Daily Herald Staff Report
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,
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More Business Insights
Co-working space or office lease? The bottom line isn't just money
The popularity of co-working arrangements over traditional office leases continues to grow, and it's easy to see why. They're more flexible, require much less planning, and offer substantial cost savings on both space and services. No wonder today's millennial workforce loves them. What's not to like? Plenty, argue attorneys Scott Hargadon and Holly Eubanks, specialists in leasing law at Meltzer, Purtill & Stelle, a leading Chicago area commercial real estate law firm. Beneath the seemingly obvious benefits, the two point out, lurks a quagmire of potentially costly risks, due largely to a lack of well-defined rights and regulations.
Business laws up-to-date
This summer saw some business-critical legislation become laws. Updates are provided here on two new laws,
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