Chicago News

Chicago-Based Linden Group Joins Digital Benefit Advisors

Linden Group Health Services has joined Digital Benefit Advisors (DBA), a division of Digital Insurance. Digital acquired the Chicago firm, which specializes in group benefits solutions for small to mid-sized companies, and will open a second DBA office in Chicago, …

DelBuono Appointed VP of Product Management at CNA

Chicago-based property/casualty insurance organization, CNA Financial Corp., appointed Gary DelBuono vice president of product management, effective Aug. 11. DelBuono will oversee enterprise product development, partnering closely with underwriting in developing product solutions for CNA’s commercial and specialty lines. DelBuono brings …

Lockton Adds Cooke, Haye to Employee Benefits Practice in Chicago

Lockton has two employee benefits experts to its Chicago operation. Joining Lockton in vice president, producer roles are David Cooke and Mark Haye. Both will be responsible for business development and client strategy at the privately held, independent insurance broker. …

Chicago Business Owners See Little Impact from Obamacare, Minimum Wage Hike

The Business Owners Confidence survey for the first half of 2014 indicates that Chicago-area mid-sized business owners are taking Obamacare in stride and expect limited effects of national and state efforts to raise the minimum wage. The survey, jointly conducted …

Shrout Joins IFG Cos. as Managing Director — Bind

IFG Cos. has added Andrew M. Shrout as managing director for its bind insurance business. Shrout will be based in Chicago and Atlanta, and will be a member of the bind leadership team that establishes and implements the new strategy …

CNA Promotes Heckman to AVP, Hospital Industry Leader

CNA has promoted Chris Heckman to assistant vice president and hospital industry leader in chicago. Heckman will be responsible for the day-to-day operations of the hospital line of business, as well as provide strategic and tactical assistance to leadership within …

CNA Promotes Szabo to Commercial Underwriting Officer in Chicago

CNA Financial Corporation promoted Matt Szabo to assistant vice president, commercial underwriting officer for the Chicago, Illinois and Wisconsin branches. Szabo will work with leadership to provide additional strategic underwriting support for all areas of CNA’s commercial offerings. This includes …

Deemed Insolvent, Ratings of Interstate Bankers Casualty Downgraded

A.M. Best has downgraded the financial strength rating to E (Regulatory Supervision) from C- (Weak) and the issuer credit rating to “rs” from “cc” of Interstate Bankers Casualty Co. (Interstate Bankers) of Chicago, Ill. The rating actions reflect Interstate Bankers being placed under …

Stucker Promoted to Assistant VP, Producer at Aon Risk Solutions in Chicago

Aon Risk Solutions, the global risk management business of Aon plc, has promoted Jim Stucker to assistant vice president and producer in its Chicago office. Stucker will primarily focus on new business development. Previously, he served as a broker within the …

PCI Backs Ride Sharing Rules in Columbus, Wants Chicago to Wait

A property/casualty insurance trade group is supporting proposed ride sharing regulations in Columbus, Ohio, but is urging the city council in Chicago, Ill., to delay action on proposed rules in that city. The Property Casualty Insurers Association of America (PCI) …