June 16, 2010
Austin, Texas-based medical professional liability insurance carrier, Medicus Insurance Co., has hired Michael Roque as Regional Market manager for the Southeast region. Roque has been actively building a network of healthcare providers and agents in the Southeast territory, as Medicus …
June 16, 2010
Medical malpractice insurer, Missouri Hospital Plan, announced that it will pay a record dividend of $13.9 million to its Missouri policyholders in July. Missouri Hospital Plan is a membership association that insures not-for-profit Missouri hospitals and their employed physicians. Its …
June 16, 2010
In a merger of two Brooklyn agencies, Apex Brokerage Inc. has acquired Brighton Brokers Corp. Terms of the deal were not disclosed. Apex was founded in 1992 and is headed by Anthony Calafiore, a former president of the Council of …
June 16, 2010
A federal judge has given preliminary approval to a settlement under which The Hartford Financial Services Group Inc. will pay $72.5 million to more than 21,000 people nationwide who alleged the insurer engaged in fraud in settling their injury claims. …
June 16, 2010
Lloyd’s announced that Paul Jardine from Catlin Syndicate Limited will become a Deputy Chairman of The Council of Lloyd’s following Ewen Gilmour’s retirement from the position earlier this month. Jardine, currently Chief Operating Officer of Catlin Underwriting Agencies, has more …
June 16, 2010
A.M. Best Co. has upgraded the financial strength rating to ‘A’ (Excellent) from ‘A-‘ (Excellent) and the issuer credit rating to “a” from “a-” of New Zealand’s Farmers’ Mutual Group (FMG or the group) and its subsidiary, FMG Insurance Limited …
June 16, 2010
A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of Intact Insurance Group and its members: Belair Insurance Company Inc. (Montreal, Quebec), Intact Insurance Company, Novex Insurance Company, The Nordic …
June 16, 2010
iPipeline, which supplies on-demand software to insurance carriers and producers, reports it has been granted a U.S. patent for its computerized method for preparing insurance applications. Under the method covered by patent, the completion of an insurance pre-application can be …
June 16, 2010
Latta Insurance Services Inc. of Henderson, Ky., has become Keystone Insurers Group’s seventeenth franchise partner in Kentucky. Latta Insurance Services President Williams S. Latta announced the new arrangement jointly today with Keystone President David Boedker. Latta Insurance has served western …
June 16, 2010
President Barack Obama, seeking to demonstrate strong leadership on the Gulf of Mexico oil spill, will demand today that BP set aside billions of dollars to pay damages from the catastrophe. A day after he vowed to fight the spill …