Chicago News

Willis North America Appoints Monat to M&A Leadership Position

Willis North America, a unit of Willis Group Holdings, the global insurance broker with operations in Chicago, has appointed William “Bill” Monat as senior placement specialist, transactional solutions products, in its national mergers and acquisitions unit. The Willis National Mergers …

Football Players Sue Chicago Law Firm

Kansas City Chiefs quarterback Kyle Orton and some 20 other NFL players are suing a Chicago law firm for more than $10 million, claiming they received bad financial advice on investing in energy concerns. The 14-page lawsuit filed in Cook …

Ambrose Joins Hylant Group’s Executive Risk Practice in Chicago

Privately owned insurance brokerage firm Hylant Group, headquartered in Toledo, Ohio, has added Lynn Ambrose to its executive risk practice. Based in Hylant’s Chicago office, Ambrose will be primarily responsible for servicing publicly traded companies and managing professional lines of …

Willis North America Appoints Liss Midwest National Partner

Willis North America, a unit of global insurance broker Willis Group Holdings, has appointed Michael Liss as national partner of its Midwest region. Liss has served as managing partner of Willis’ Chicago office since 2006. He will report to Todd …

Aon Risk Solutions Hires Marsh Executive for Pittsburgh Office

Aon Risk Solutions, the global risk management business of Aon Corp., appointed Marsh veteran John Moskal as executive vice president and regional sales director of the Pittsburgh office. Moskal comes from Marsh, where he spent more than 31 years. Most …

Hub Buys Assets of Massachusetts-based William Palumbo Agency

Hub International Limited has acquired the assets of William Palumbo Insurance Agency Inc., a Boston-area based retail brokerage firm. This acquisition allows Hub to expand its presence in Massachusetts, including the Cape Cod region. Terms of the acquisition were not …

Chicago Must Hire 111 Black Firefighters; Distribute $30M in Back Pay

Some 6,000 African Americans who passed a Chicago Fire Department entrance exam nearly 16 years ago will walk away with either jobs or cash under a federal court order entered Aug. 17. The city of Chicago must hire 111 of …

Chicago Apartment Buildings Can Get Funds to Go Smoke-Free

Owners of apartment buildings and other multi-unit residences in Chicago are getting an incentive to go smoke-free. The Chicago Tobacco Prevention Project has announced grants of up to $10,000 to create smoke-free policies in these buildings. The idea is to …

Mesirow Financial Formalizes Management of Insurance Services Division

Chicago-based Mesirow Financial announced that its Insurance Services Division will be led by a newly formed Insurance Management Committee (IMC). The IMC has named Norman Malter president of the Insurance Division, John Harney has been appointed chief operating officer and …

Insurance Industry Charitable Foundation Launches Chicago/Midwestern Division

The Insurance Industry Charitable Foundation has launched a Chicago/Midwestern Division. Presently operating a California/Western Division and a New York/Northeast Division, the Foundation has expanded to include a third operating division centered in Chicago and serving the Midwest region of the …