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Argonaut Great Central President/CEO John Polak Appointed by Illinois Governor To Head Dry-Cleaner Environmental Response Trust Fund.


Business Editors

PEORIA, Ill.--(BUSINESS WIRE)--Aug. 2, 2002

Governor Jim Ryan Jim Ryan may refer to:
  • Jim Ryan (reporter), a reporter and television anchorman from New York.
  • Jim Ryan (politician), a politician from Illinois.
  • Jim Ryan (Washington and Lee)
  • Jim Ryan (american football), former player for the Denver Broncos
 has appointed John W. Polak CPCU CPCU Chartered Property Casualty Underwriter
CPCU Cardiac Progressive Care Unit
CPCU Custody Pending Completion of Use
, President /CEO of Argonaut Great Central Insurance Company as chairman of the Illinois Illinois, river, United States
Illinois, river, 273 mi (439 km) long, formed by the confluence of the Des Plaines and Kankakee rivers, NE Ill., and flowing SW to the Mississippi at Grafton, Ill. It is an important commercial and recreational waterway.
 Dry-Cleaner Environmental Response Trust Fund for a term of 3 years. The fund was established by the Illinois Legislature in 1997 in response to requests by operators of retail dry-cleaning facilities to have financial resources available to pay for the cleanup of spills and /or leaks from their dry-cleaning machines and solvent solvent, constituent of a solution that acts as a dissolving agent. In solutions of solids or gases in a liquid, the liquid is the solvent. In all other solutions (i.e.  storage units.

John Polak, commented that "This Fund and the work of our council is critical to the continuation and success of the dry-cleaning industry in Illinois. The insurance and remedial REMEDIAL. That which affords a remedy; as, a remedial statute, or one which is made to supply some defects or abridge some superfluities of the common law. 1 131. Com. 86. The term remedial statute is also applied to those acts which give a new remedy. Esp. Pen. Act. 1.  programs supported by the Fund as well as the associated basic risk management practices required for eligibility, are intended to provide at least a minimum degree of financial security to an industry predominately comprised of small, family owned businesses."

Argonaut Great Central is a provider of specialty insurance products focused in the Retail Service, Institutions, Organizations and Associations and Food and Hospitality industries. The Company is part of Argonaut Group and is rated A- (excellent) by A.M. Best's and A by Standard & Poor's. Argonaut Group is traded on NASDAQ's National Market System, ticker symbol Ticker Symbol

An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors
 AGII. More information can be found on the Argonaut Great Central website at www.argonautgreatcentral.com.
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Comment:Argonaut Great Central President/CEO John Polak Appointed by Illinois Governor To Head Dry-Cleaner Environmental Response Trust Fund.
Publication:Business Wire
Geographic Code:1U3IL
Date:Aug 2, 2002
Words:225
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