Delaware’s new system to track the results of medical malpractice claims is up and running, with the goal of lowering medical costs by proving to insurance companies that Delaware is a favorable place to insure doctors and that rates for …
Charlotte, N.C.-based Royal & Sun Alliance has agreed to sell Viking Insurance, its specialty U.S. non-standard auto business to Sentry Insurance, of Stevens Point, Wisc. for $200 million in cash. The purchase is subject to regulatory approval. Viking wrote direct …
A Tulsa County, Okla., man was given a 15-year sentence after pleading guilty to one count of workers’ compensation fraud in Tulsa County District Court, according to State Attorney General Drew Edmondson. Edmondson said Earl Dewayne Botts, 47, was charged …
Kansas farmers have more than doubled the insured acres in the state since 1989, tripling their dollar amount of coverage during the same time, according to a recently released study. The Associated Press reported that so much Kansas farmland is …
The Midland Company, a Cinncinnati-based provider of specialty insurance products and services, announced its Board of Directors has elected Rene J. Robichaud, president and chief executive officer of NS Group Inc. to the company’s Board. The appointment brings the number …
Bermuda-based Platinum Underwriters Holdings Ltd. announced it has appointed Michael D. Price to serve as its chief operating officer, subject to the approval of the Bermuda Department of Immigration. In this capacity, Price will be responsible for supervising the group’s …
Three companies are recalling nearly 1.8 million children’s folding chairs because the safety locks can fail, causing the chairs to suddenly collapse or fold and catch children’s fingers, the government said. Children have suffered finger lacerations, fractures and finger tip …
The Independent Insurance Agents of San Antonio announced that the association’s August membership luncheon will feature Richard Kerr, CEO of Dallas-based MarketScout as the keynote speaker. The luncheon will be held Aug. 16 at the Oak Hills Country Club, 5403 …
A national system designed to increase reporting of medical errors has won final congressional approval and been sent to President Bush. It is estimated that more than 250 Americans die every day as a result of preventable medical errors. Health …
Louisiana Commissioner of Insurance Robert Wooley announced that a former insurance producer from Mansura, La., was arrested and issued a cease and desist order for allegedly misappropriating insurance funds. Gordon Mark Scallan, 39, was arrested by the State Police Fraud …
