Michael Menegus has recently joined E.L.M. Insurance Brokers as a new broker in San Diego. He will call on retail agents and brokers in the San Diego area. Menegus has expertise in employment practices liability, errors and omissions, directors and …
North Carolina’s largest health insurer will refund $155 million to more than 215,000 individual policyholders as a result of the Affordable Care Act that took effect earlier this year, the company said. Individual policyholders will get back the equivalent of …
New York regulators say the plan to re-launch a Lloyd’s-style exchange in the city is forging ahead, but they’re looking to hand the reins to the insurance industry to take the lead in building it. The plan for a revitalized …
More than half (55 percent) of U.S. consumers say poor service from an insurance company is more likely to cause an individual to commit fraud against that company, according to a survey by Accenture. The survey also reveals a significant …
Shareholders of Pennsylvania-based PMA Capital Corp. have approved the company’s acquisition by Old Republic International Corp. a deal that is expected to close on Oct. 1. PMA Capital also announced that President and CEO Vincent T. Donnelly, and all other …
Blazes that gutted more than two dozen homes across Detroit and pushed firefighters to their limits underscore the cash-strapped city’s need for outside help, according to a state lawmaker running for Congress. Sen. Hansen Clarke, D-Detroit, met with Federal Emergency …
Virginia-based specialty insurer Medmarc has promoted several executives as part of a corporate reorganization plan. Chief Underwriting Officer Fran Stockwell will now be responsible for underwriting policy, product development and broker relationships for the life sciences business. Stockwell has been …
The top U.S. bailout cop said evidence of fraud among banks that sought taxpayer funds was on the rise, and some of his investigations involve amounts exceeding $550 million. Neil Barofsky, the special inspector general for the Troubled Asset Relief …
The Atlantic region can expect one more major hurricane this autumn and the northeast U.S. coast still faces double the average risk of getting hit, Weather Services International (WSI) said Tuesday. The Massachusetts-based private forecaster predicted the six-month Atlantic-Caribbean storm …
The U.S. Senate last night passed by unanimous consent a measure extending the National Flood Insurance Program for one year until Sept. 30, 2011. The Senate one-year reauthorization must now pass the House of Representatives, which in July passed a …
