The UK’s insurers are fighting back in the war against fraud. According to a report published by the Association of British Insurers, “the cost of insurance fraud is now estimated to be £5.2 million [$8.48 million] every day,” as more …
Drivers in Alexandria, Va., are the most improved, in terms of number of auto collisions, according to Northbrook, Ill.-based Allstate Insurance Co., which has released its fifth annual “Allstate America’s Best Drivers Report.” The report ranks America’s 200 largest cities …
For her continued support of the occupational safety and health profession and her ongoing effort to protect people, property and the environment, Lockton Companies LLC Vice President – Risk Control Services Manager Christine Sullivan of Littleton, Colo., recently received the …
The Hartford Financial Services Group, Inc. has appointed Juan Andrade, 43, president and chief operating officer of its Property and Casualty Operations, effective immediately. Andrade will continue to report directly to the company’s chairman and chief executive officer, Ramani Ayer, …
Shawn Sheekey has been named acting administrator of the New Jersey Motor Vehicles Commission. He replaces Sharon A. Harrington, who was recently appointed to the New Jersey Casino Control Commission. Sheekey has served as Deputy Chief Administrator of MVC since …
The implementation of a medical fee schedule in Tennessee after reforms passed in 2004 has helped save employers $1,300 per workers’ compensation case, according to a study by a research group. The study by he Workers Compensation Research Institute (WCRI) …
Debbie Russell has joined the quality assurance team at Austin, Texas-based CastleBay Consulting Corporation, which provides consulting services to the property and casualty insurance market. Russell will focus on expanding CastleBay’s quality assurance practice and providing CastleBay clients a wide …
A.M. Best Co. has downgraded the financial strength rating (FSR) to ‘B-‘ (Fair) from ‘B+’ (Good) and issuer credit ratings (ICR) to “bb-” from “bbb-” of Castle Key Group and its members, formerly known as Allstate Floridian Insurance Group (headquartered …
Minneapolis, Min.-based medical professional liability insurance company, Midwest Medical Insurance Company (MMIC), has promoted Lori Trygg to assistant vice president of Law and Health Policy. She will continue to serve as associate general counsel and compliance office for the company. …
A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) and the issuer credit rating of “aa-” of Spain’s Ocaso, S.A. Seguros y Reaseguros, both with stable outlooks. “The ratings reflect the company’s superior risk-based capitalization, excellent operating …
