Illinois News

Talley to Head Lloyd’s America U.S. Central Region

Lloyd’s announced the promotion of Pat Talley to Regional Director for Lloyd’s America’s Central Region. He will “be responsible for the Illinois and Kentucky offices [the two states in the U.S. where Lloyd’s is an addmitted carrier], along with market …

People

Elizabeth Heck has been named president and chief operating officer of New York-based GNY Insurance Cos. She is a 20-year veteran of the insurance industry. She began her career with Ernst & Young, and worked in senior corporate accounting positions …

People

K&K Insurance, based in Ft. Wayne, Ind., named Todd Bixler president and CEO. Bixler joined K&K Insurance in 1986 as controller, responsible for financial reporting and accounting operations. His subsequent positions of increasing responsibility with K&K included chief financial officer, …

People

Former AIG Chief Executive Officer Martin Sullivan, who was ousted three months before the U.S. government bailed the insurer out, is joining Willis Group Holdings PLC. Sullivan will head a new unit – Willis Global Solutions– that will oversee brokerage …

America’s Best Independent Agencies to Work For

Salaries and Benefits Lead but Quality of People and Relationships Win Votes, Too The results are in from the 2010 Best Independent Insurance Agency to Work For survey by Insurance Journal. The owners of the Best Agencies to Work For …

Branca Joins Hylant Group’s Cincinnati Office as VP

Privately owned insurance brokerage Hylant Group has hired industry veteran Jeff Branca as vice president and client executive in its Cincinnati, Ohio, office. In this role, he will be responsible for developing large, complex accounts. Branca was previously with Aon, …

FEMA Delays Flood Map Rollout in SW Illinois

Property owners in southwestern Illinois who worry that new government floodplain maps will force them to buy expensive flood insurance are getting another break. The Federal Emergency Management Agency says it will delay implementing the new flood maps until the …

Slain Iowa Teen’s Family Settles with City’s Liability Insurer

The parents of a slain Waterloo girl will receive $103,000 in a settlement of their wrongful death lawsuit against the city. The Waterloo-Cedar Falls Courier reported that the city’s liability insurance carrier, Travelers Co., agreed to pay Adonnis Hill and …

Illinois Oil Pipeline Leak Stopped; Cleanup Under Way

Crews have removed a 12-foot section of pipe at the site of an oil spill outside Chicago that led to a spike in regional gasoline prices, but it could take weeks to clean up the contamination, federal officials said. It’s …

Markel Acquiring Equine and Livestock Business From Hiscox

Insurer Markel has acquired the rights to American Live Stock, the animal mortality business of Hiscox Insurance Co.. Terms of the deal were not disclosed, but the companies said it would close the transaction by October 1. The transaction, which …