Insurance - Schwartz Brothers
The agency was involved in a significant legal dispute, Loomcraft Fabric Sales, Inc. v. Schwartz Brothers Insurance Agency, Inc. , regarding a failure to obtain specific "Selling Price Replacement Cost" coverage for a client. Schwartz Brothers eventually admitted negligence in failing to secure the promised coverage. Key figures associated with the agency included:
Schwartz Brothers Insurance Agency, Inc. was a Chicago-based insurance and risk management firm that operated for nearly a century before being acquired in 2014. Founding : The agency was established in 1919 in Chicago.
: In April 2014 , Schwartz Brothers Insurance was acquired by NFP (National Financial Partners Corp.), a leading insurance broker and consultant. schwartz brothers insurance
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: Providing customized risk management, property and casualty insurance, and corporate benefit solutions. The agency was involved in a significant legal
: Former President and industry leader in surety bonds. Mark Nahin : Former Principal at the agency.
: The firm held a significant presence in the surety industry; former president Spencer Miller also served as president of the National Association of Surety Bond Producers (NASBP) . , regarding a failure to obtain specific "Selling
: Managing Member until the 2014 sale; subsequently became a Managing Director at NFP.