Illinois News

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 …

Arthur J. Gallagher Acquires Benefits Brokerage, Insurance Point

Itasca, Ill.-based Arthur J. Gallagher & Co. has acquired Insurance Point LLC in St. Charles, Ill. and Salt Lake City, Utah.  Terms of the transaction were not disclosed. Insurance Point offers employee benefit consultation and insurance brokerage services for healthcare systems and hospitals throughout …

Arthur J. Gallagher Appoints Jain as Chief Service Officer

Itasca, Ill.-based Arthur J. Gallagher & Co. has appointed Vishal Jain as chief service officer and corporate vice president. Jain currently oversees the company’s service center operations. In this new role, he will lead Gallagher’s ongoing efforts to enhance customer service …

Berkshire Hathaway GUARD Adds BOP Product in Illinois

Berkshire Hathaway GUARD Insurance Companies (formerly known as GUARD Insurance Group) has begun offering businessowner’s policy (BOP) and umbrella coverage in Illinois.  The company already has an established presence in the state with workers’ compensation premium totaling about $10.5 million …

Trucking Company Owner Pleads Guilty in Missouri to Cargo Theft Scheme

A Memphis, Tenn., business owner pleaded guilty in federal court to his role in a cargo theft scheme that included a theft in West Plains, Mo. Tammy Dickinson, United States Attorney for the Western District of Missouri, announced that Earl …

Majer Joins Risk Innovations as Illinois Territory Manager

Ginny Majer has joined insurance wholesaler Risk Innovations as territory manager for Illinois. Based in Chicago, Majer will develop workers’ compensation and personal lines business with retail agents in Illinois. Majer has been in the insurance industry for over 20 years with experience …

Midwest Towns Hope Worst of Flood Is Behind Them

Officials in several Mississippi River towns were cautiously optimistic on July 10 that they’ll soon emerge from this year’s flood with relatively minor damage. Water levels were dropping in several places, including Clarksville, Mo., where a furious sandbagging effort over …