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CNA Lights Up Chicago Skyline with Cubs Logo
The Chicago Cubs may not have made it to the World Series this year but not because it lacked support from one of the city’s foremost insurance organizations — CNA Corp. To celebrate the Cubs’ home games at Wrigley Field …
Big ‘I’ Adds Webb to Capitol Hill Team
Jennifer Webb has joined the Independent Insurance Agents & Brokers of America (IIABA or the Big “I”) Capitol Hill team as federal government affairs counsel. Webb joins the association’s bipartisan lobbying team primarily as a liaison to Democratic congressional offices …
Del. Insurance Dept. Says It Won’t Approve ‘Widow’s Penalty’ in Setting Auto Rates
Delaware Insurance Commissioner Karen Weldin Stewart announced Wednesday that her department will not approve any auto insurance company’s rate submission that includes a “widow’s penalty,” under which a widow or widower is charged a higher rate based solely on the …
68 Homes Burned in Central Texas; Wildfire 80% Contained
Residents forced from their homes by a 7-square-mile Central Texas wildfire have been allowed to return to the evacuation zone — some to return to their homes, some to count their losses. The Texas A&M Forest Service reported on Oct. …
Carwash Owners Sue New York City Over New Surety Bond Rules
A group of carwash owners have filed a lawsuit against New York City charging a new law illegally favors unionized carwashes. The Association of Car Wash Owners lawsuit centers on rules that require owners of nonunionized carwashes to post $150,000 …
Chubb Shareholders Approve Merger with Ace
The Chubb Corp. said its shareholders approved the previously announced $28.3 billion merger agreement with Ace Limited today. The proposal to approve the merger agreement received support from approximately 98 percent of the votes cast, the insurer said. Upon completion …
Uber Pushing to Expand Throughout New York State
Uber wants to expand throughout New York state into cities like Buffalo, Albany, Syracuse and Rochester where the ride-hailing service is now prohibited from operating. A company executive on Tuesday called on state lawmakers to pass regulations allowing Uber to …
Teen Driving Deaths Down 57% in 7 Years in Illinois
Illinois Secretary of State Jesse White says teenage driving deaths are down by nearly 60 percent in the state. The Democrat kicked off National Teen Driver Safety Week by announcing that is a new low since the state began the …
Chubb Shareholders Say No to Finnegan’s $80M Golden Parachute
Chubb Corp. shareholders opposed an $80 million golden parachute payment for Chief Executive Officer John Finnegan, who struck a deal to sell the insurer to Ace Ltd. About 61 percent of voting shareholders said no to the pay packages for …
Lockton Adds de Nazarie as VP, Producer in Chicago
Lockton Companies announced that Matt de Nazarie has joined its Chicago location as vice president and producer. de Nazarie is a key addition to Lockton’s growing Chicago team and will play a vital role in developing new business, the insurance broker said. Prior to joining …