Monthly Archives: <span>March 2015</span>

Arthur J. Gallagher & Co. Acquires NationAir Aviation Insurance

Arthur J. Gallagher & Co. has acquired NationAir Aviation Insurance (NationAir) based in West Chicago, Ill. Terms of the transaction were not disclosed. Founded in 1978, NationAir is a retail insurance broker offering commercial property/casualty and risk management insurance services …

California Sues Glass Company Over Hazardous Waste in Wine Bottles

California’s Department of Toxic Substances Control says it is suing a glass company for violating recycling laws after it added hazardous waste dust to wine bottles made at its Modesto plant. The department said Monday Gallo Glass Co. failed to …

Family of Oregon Worker Killed in Blender Sues Meat Distributor

The family of a cleaning worker who was killed when he fell into a running industrial meat blender at an Oregon plant is suing the meat distributor for $5 million. The Oregonian reported that the lawsuit filed last week in …

A.M. Best: State Farm Lloyds Ratings Unchanged After Texas Settlement

A.M. Best says the financial strength rating of B++ (Good) and the issuer credit ratings of “bbb” of State Farm Lloyds in Dallas are unchanged following the announcement that it has reached a settlement agreement in Texas over homeowner rate …

Chicago’s 110-Story Willis Tower Up for Sale

Chicago’s Willis Tower, once the world’s tallest building and one of the city’s top tourist attractions, is up for sale. The owners, which include New York-based investors Joseph Chetrit and Joseph Moinian, have hired brokerage Eastdil Secured to market the …

Vanbridge to Acquire Alan Gray in Boston

Vanbridge LLC, an insurance intermediary, capital advisory and insurance and reinsurance management firm based in New York, announced that it has agreed to acquire Alan Gray Inc., an audit, actuarial, underwriting, reinsurance and risk management firm in Boston. Terms of …

Surplus Line Association of California Names Brady Chair

The members of the Surplus Line Association of California have named Denis Brady, president of Burns & Wilcox Brokerage in San Francisco, chair of the SLA Board of Directors. Brady’s election was finalized after the SLA tallied the final ballots …

Judge Halts Google Investigation by Mississippi Attorney General, For Now

The Mississippi attorney general’s attempt to investigate Google is on hold for at least four more months. U.S. District Judge Henry T. Wingate on Monday granted Google’s request for a preliminary injunction, preventing Attorney General Jim Hood from going through …

Asiana Settles Personal Injury Suits Over San Francisco Crash

Asiana Airlines Inc. settled 72 personal injury claims in lawsuits filed over a July 2013 crash landing at San Francisco International Airport and is continuing to negotiate with other passengers. The airline announced the settlement Tuesday in a federal court …

CBIZ Acquires Model Consulting in Pennsylvania

CBIZ Inc. in Cleveland, Ohio, announced that it has acquired Model Consulting Inc. in Trevose, Pennsylvania. Terms of the transaction were not disclosed. Founded in 1990, Model Consulting provides employee benefit consulting services to mid-sized companies in the Philadelphia and …