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 …
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 …
Economic growth lies ahead for nine Midwestern and Plains states despite pullbacks in the energy sector, according to a monthly report released on March 2. The overall Mid-America Business Conditions Index climbed to 57.0 in February from 54.8 in January, …
The general manager of a ski resort vandalized by University of Michigan students estimates the total damage is about four times the original estimate. Barry Owens of Treetops Resort in Gaylord tells the Detroit Free Press the price tag will …
AmTrust Financial Services Inc. has completed the acquisition of Michigan-based CorePointe Insurance Co. Established in 1964, and located in Birmingham, Mich., CorePointe is a specialty property/casualty insurance company that markets commercial package insurance products primarily to automobile and motorcycle dealerships …
BP Plc double dipped by taking a total of more than $33 million from an Ohio compensation fund and insurers to clean up leaks from underground storage tanks, according to the state’s attorney general. Attorney General Mike DeWine and Ohio’s …
Thirteen Spearfish, S.D., residents have sued the city over years of sewer backups. Plaintiffs say in their lawsuit that they have suffered through a series of sewer backups stretching back to 2008, leading to stinky, flooded basements and lost possessions. …
A 64-year-old Michigan man has been sentenced to one year in jail for selling fake auto insurance certificates. Hakeem Sanusi of Eastpointe pleaded no contest to six counts of insurance fraud as a habitual offender. He was sentenced on Feb. …
An insurance cooperative created to provide health care in Iowa and Nebraska will be formally liquidated this weekend. Iowa Insurance Commissioner Nick Gerhart said that a Polk County judge has agreed to approve the liquidation plan. CoOportunity is a federally …
The Ohio House has passed a bill that gives legal protection to certain volunteers who provide service and expertise during emergencies. The measure gives architects, engineers, surveyors and tradespersons immunity from civil liability for errors or omissions that may occur …
