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IDG’s Computerworld Names Pekin Insurance® to 2015 List of 100 Best Places to Work in IT

Posted by on Jun 22, 2015 in News

DATELINE – June 22, 2015 – IDG’s Computerworld announces Pekin Insurance as a 2015 Best Places to Work in IT, one of 100 top organizations that challenge their IT staffs while providing great benefits and compensation. Pekin Insurance, along with other organizations, will be included in coverage in Computerworld along with results from the 22nd annual Best Places to Work in IT survey.

“Striving to be One of the Best Places to Work in IT is one of my favorite mantras,” says Neal Kaderabek, Vice President – Chief Information Officer at Pekin Insurance.  “Due to the company’s attractive benefits package and sense of community, many employees work at Pekin Insurance for the long term.  What makes Pekin Insurance stand out is the opportunity to build something from the ground up.  More so, is the opportunity for IT professionals to say, “That is mine!  I built that!”  IT personnel are engineers at the core.  Maintaining the status quo is not exciting to an engineer.  Engineers want to build! Pekin Insurance’s 3-year IT transformation journey is a gold mine of opportunity for an IT professional that wants to build and make a difference.”

Besides the ground floor opportunities offered to creative and motivated IT professionals, Pekin Insurance has made other moves to make the organization attractive to IT professionals.  For instance, work from home was implemented for those employees meeting and exceeding performance expectations.  Pekin Insurance also allows paid time off to attend children’s school activities, half-day Fridays, and employee bonding activities such as chili cook offs, salsa contests, after work social events, scavenger hunts, karaoke, golf outings, etc.  Additionally, we offer IT project rooms and open space work areas that encourage collaboration and innovation.   Another instance is professional development is encouraged through attendance and presentations at annual trade conferences, training opportunities, and the development of networks with colleagues from other companies.   IT professionals averaged 10 days of training in 2014.  Yet another example is a 5-Star Program to acknowledge the top performers during a year-end red carpet award ceremony and dinner.   IT professionals are nominated by their peers, and the final winners are selected by the IT senior leadership.  In addition to a plaque and peer recognition, a significant monetary award is also provided to the 5-Star award winners.

“The 100 organizations on Computerworld’s 2015 Best Places to Work in IT list realize that attracting and retaining a highly-skilled technology workforce leads to competitive advantage,” says Scot Finnie, editor in chief of Computerworld. “In a tight market for tech talent, these outstanding employers attract the best and brightest IT pros with generous salaries and top-drawer benefits, then deepen their teams’ engagement with challenging, business-critical projects built around cutting-edge technologies. As a result, these winning organizations are best positioned to take advantage of the digital transformation sweeping through every industry.”

About the Best Places to Work in IT

The Best Places to Work in IT list is an annual ranking of the top 100 work environments for technology professionals by IDG’s Computerworld. The list is compiled based on a comprehensive questionnaire regarding company offerings in categories such as benefits, career development, training, and retention. In addition, Computerworld conducts extensive surveys of IT workers, and their responses factor heavily in determining the rankings.

About Computerworld

Computerworld is the leading IT media brand helping senior IT business decision-makers and key influencers navigate change with effective business strategy. As the voice of business technology, Computerworld enables the IT value chain with unique editorial coverage from setting strategies to deriving value. Computerworld’s award-winning website (www.computerworld.com), focused conference series, strategic marketing solutions, and research forms the hub of the world’s largest (40+ edition) global IT media network and provides opportunities for IT vendors to engage this audience. Computerworld leads the industry with an online audience of over 7.5 million monthly page views (Omniture, November 2014 – January 2015 average) and was recognized in BtoB’s 2013 Media Power 50 list, recognition Computerworld has received for more than 5 consecutive years. Computerworld is published by IDG Enterprise, a subsidiary of International Data Group (IDG), the world’s leading media, events, and research company. Company information is available at www.idgenterprise.com.

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A.M. Best Affirms Financial Strength Ratings

Posted by on Jun 16, 2015 in News

The Farmers Automobile Insurance Association and Pekin Insurance Company Ratings
A.M. Best has affirmed the Financial Strength Rating (FSR) of “A” (Excellent) of Pekin Insurance Group and our two intercompany pool members, The Farmers Automobile Insurance Association and its wholly owned subsidiary, Pekin Insurance Company. The outlook for the FSR continues to be stable. Financial Strength Ratings are published in A.M. Best’s Insurance Reports and represent their independent opinion of an insurer’s financial strength and ability to meet its ongoing insurance policy and contract obligations. The affirmed rating reflects Pekin Insurance Group’s solid risk-adjusted capitalization, conservative investment risk profile, consistently favorable loss reserve trends, and well-established agency relationships. Improved technology reflected by our use of By-Peril based rating in the Homeowners line was noted as a competitive advantage.

At the same time, A.M. Best has affirmed our Issuer Credit Rating (ICR) of “a.” The outlook for the ICR continues to be stable. Issuer Credit Ratings are not published in A.M. Best’s Insurance Reports, but are posted on A.M. Best’s website and Business Wire. An ICR is assigned to insurance companies, banks, hospitals, holding companies, or other legal entities authorized to issue financial obligations and represents A.M. Best’s independent opinion of an entity’s ability to meet its ongoing senior financial obligations. Although the Pekin Insurance Group has never issued any senior financial obligations, the ICR is utilized by A.M. Best to provide additional granularity in the overall rating process.

Pekin Life Insurance Company Ratings
A.M. Best has also affirmed the FSR of “A-” (Excellent) and the ICR of “a-” for Pekin Life Insurance Company. The outlook for both ratings remains stable. The ratings of Pekin Life Insurance Company reflect many positive rating factors including its integral role and positive contribution to the Pekin Insurance Group, high-quality investment portfolio, diversified product portfolio, and favorable level of risk-adjusted capitalization.

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Pekin Insurance® Partners with Pro Golfer to Support St. Jude Children’s Research Hospital

Posted by on Apr 2, 2015 in News

For the fourth consecutive year, Pekin Insurance has teamed up with professional golfer D.A. Points to raise money for St. Jude Children’s Research Hospital. The program is called “Birdies for St. Jude.” It allows participants to pledge a specific amount of money for every birdie and/or eagle D.A. Points achieves during the 2015 golf season.

Pekin Insurance and D.A. Points have championed this cause to support the fight against childhood diseases. D.A. Points commented, “Every day I watch my children play, sleep, eat, laugh, and do all the things that normal children would do. I know I take it for granted, but when I hear about the children of St. Jude who fight for their lives every day, I realize how thankful I am that my children are healthy. However, we never know when the tide may turn, and I would want St. Jude taking care of my children should they fall victim to a devastating disease. I am proud to be teamed up with Pekin Insurance for this worthwhile event. Please help with the lifesaving work of St. Jude.”

Since the program started, the “Birdies for St. Jude” program has raised over $10,300 with all proceeds going to St. Jude.

To participate in the “Birdies for St. Jude” program and make a pledge, visit our special web page. There, you will find a convenient online pledge form as well as a running total of D.A.’s performance for this season. In 2014, D.A. scored 221 birdies and 1 eagle.

Founded by the late entertainer Danny Thomas, St. Jude Children’s Research Hospital receives the majority of its funding from individual contributors. This allows them to focus on what matters most — saving kids regardless of their financial situation. Your support is greatly appreciated. Every small pledge adds up to make a big difference in the life of a child.

Although the campus of St. Jude Children’s Research Hospital is located in Memphis, Tennessee, the facility welcomes families from all over the world. Families never receive a bill from St. Jude for treatment, travel, housing, or food. They feel the only thing families should worry about is helping their child live.

Born and raised in Pekin, Illinois, D.A. Points turned pro in 1999 and joined the PGA TOUR in 2005. He has won two PGA TOUR victories, including the Shell Houston Open in 2013 and the AT&T Pebble Beach National Pro-Am in 2011.

Pekin Insurance and D.A. Points are asking everyone to join in this worthy cause by donating to “Birdies for St. Jude.”

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Pekin Insurance® Holds Annual Meeting

Posted by on Feb 13, 2015 in News

The Farmers Automobile Insurance Association held its annual meeting on Tuesday, February 10, 2015, at their Home Office in Pekin, Illinois.

The following directors were elected for three year terms: Craig W. Concklin, Hinsdale, Illinois; Daniel V. Connell, Tremont, Illinois, and A. Richard Kriegsman, Pekin Illinois.

Subscribers elected Craig W. Concklin, Hinsdale, Illinois; and A. Richard Kriegsman, Pekin, Illinois, to the Advisory Committee.

Pekin Insurance officers elected included: Scott A. Martin, Chairman of the Board, President, and Chief Executive Officer; Steven R. Anderson, Vice Chairman of the Board; Daniel V. Connell, Senior Vice President, Chief Financial Officer, and Secretary; Todd A. Clark, Senior Vice President and Chief Operating Officer – Property/Casualty; Brian K. Lee, Senior Vice President and Chief Operating Officer – Life; Curtis A. Eeten, Vice President – Claims; Gregory L. Feller, Vice President – Sales; Joel M. Jackson, Vice President – Marketing; Neal P. Kaderabek, Vice President – Chief Information Officer; Edward A. Mulvey, Vice President – Personal Lines Underwriting and Assistant Secretary; Joseph C. Ricigliano, Vice President – Commercial Lines Underwriting and Assistant Secretary; Diane K. Steiner, Vice President – Life Underwriting and Assistant Secretary; Michael A. Zabinski, Vice President – Controller; Jeff A. Nelson, Assistant Treasurer; Michele E. Ginther, Assistant Treasurer; and Aaron Z. Potacki, Assistant Secretary.

Pekin Insurance is a group name adopted to designate the combined operation of The Farmers Automobile Insurance Association, Pekin Insurance Company, PAC, Inc., and Pekin Life Insurance Company.

Pekin Insurance has been in business since 1921, and is one of the leading insurers in the State of Illinois, providing multiple lines of insurance. Pekin Insurance offers insurance coverage in Arizona, Illinois, Indiana, Iowa, Ohio, and Wisconsin through its growing agency force which now totals 1,158 independent agencies and 8,196 insurance producers in the six state area. The company is headquartered in Pekin, Illinois, with service offices at Phoenix, Arizona; Mount Vernon, Rockford, and Warrenville, Illinois; Indianapolis, Indiana; Des Moines, Iowa; Columbus, Ohio; and Appleton, Wisconsin.

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