Consumer IPOs from Snap to Uber have been disappointing and serve as a reminder that private investors are making all the money.Technologyread more
The company's comments Friday come after the White House said U.S.Trade Representative Robert Lighthizer will "address the threatened impairment" of national security from...Autosread more
China's currency has been an important barometer for progress in U.S.-Chinese trade talks, and right now it's signaling things aren't going well.Market Insiderread more
Apple CEO Tim Cook was the commencement speaker at Tulane University Saturday. In his speech, the tech executive focused on the importance of addressing climate change and...Power Playersread more
Amazon's large and flashy investments stand out from those of its tech peers over the past year.Technologyread more
Some analysts see streaming services like Netflix becoming hindered by one of the things that made them so popular in the first place — binge watching.Entertainmentread more
There is a shortfall of cybersecurity workers that could reach as high as 3.5 million unfilled roles by 2021. A start-up called Synack provides crowdsourced security, and...CNBC Disruptor 50read more
Yardeni Research's Edward Yardeni recommends investing in U.S. companies with exposure to China.Trading Nationread more
CNBC and SurveyMonkey's latest small business optimism index echoes that sentiment, finding 52 percent of small businesses say it's harder to find workers today than it was a...US Economyread more
CNBC combed through Wall Street research over the last week to see which stocks analysts say have the best risk-reward.Marketsread more
Western Union is not panicking, but the delivery of money around the world is being upended, says CEO of upstart TransferWise. It broke into the $689 billion remittances...CNBC Disruptor 50read more
LOUISVILLE, Ky., Jan. 26, 2015 (GLOBE NEWSWIRE) -- Old National Insurance (ONI), a subsidiary of Evansville-based Old National Bancorp (Nasdaq:ONB), announces that Mutual Underwriters Insurance in Louisville, Kentucky and ONI have agreed to join forces. As part of the transaction, current Mutual Underwriters owners, Courtney Ball and Frank Rassiga, will join ONI's Louisville insurance sales team. Mutual Underwriters Insurance consists primarily of commercial and personal property/casualty accounts.
"We are thrilled to welcome Mutual Underwriters and its clients to ONI and we look forward to continuing to deliver the same exceptional service that Mutual Underwriters clients have come to expect," said Old National Insurance President Scott Evernham. "Our service-focused team of insurance experts is ready to exceed client expectations and earn their continued business."
The transaction is structured as an asset purchase and will be effective on Feb. 1. During the transition, the name will continue as "Mutual Underwriters Insurance, a division of Old National Insurance."
"Old National Insurance is excited to be adding Courtney and Frank to our Louisville team," said Jack Matthews, ONI Louisville Region president. "With their experience and expertise, they make an already strong team even stronger, while also helping to ensure a smooth transition for Mutual Underwriters clients."
About Old National Insurance
Old National Insurance (ONI), one of the top 100 insurance agencies in the United States and the 11th largest bank-owned insurance agency, is a wholly owned subsidiary of Old National Bancorp, the largest financial services holding company headquartered in Indiana with $11.2 billion in assets. Headquartered in Indianapolis with offices across the Midwest, ONI insures thousands of individuals and businesses regionally, nationally and internationally. ONI provides its clients with a full range of professional services including personal, commercial, employee benefits, third party administration, risk management services, and alternative risk solutions.
About Old National
Old National Bancorp (Nasdaq:ONB) is the largest financial services holding company headquartered in Indiana and, with $11.2 billion in assets, ranks among the top 100 banking companies in the U.S. Since its founding in Evansville in 1834, Old National has focused on community banking by building long-term, highly valued partnerships with clients. Today, Old National's footprint includes Indiana, Western Kentucky and Louisville, Southern Illinois and Central and Western Michigan. In addition to providing extensive services in retail and commercial banking, wealth management, investments and brokerage, Old National also owns Old National Insurance, one of the 100 largest brokers in the U.S. For more information and financial data, please visit Investor Relations at oldnational.com.
CONTACT: Kathy Schoettlin: (812) 465-7269 Executive Vice President - Communications Jack Matthews - (502) 540-7338 Louisville Region President, Old National Insurance
Source:Old National Bancorp