November 2, 2010
Kentucky Farm Bureau (KFB) in October surpassed the half-million membership mark for the first time in the organization’s 91-year history. Attracting 500,316 member families in fiscal year 2010, KFB increased its membership total from last year by 16,964 and became …
November 2, 2010
Connecticut Insurance Commissioner Thomas Sullivan has resigned from his position as the Nutmeg State’s top insurance regulator. Sullivan, a former executive at The Hartford, was appointed commissioner in 2007 by outgoing Gov. M. Jodi Rell, a Republican. His last day …
November 2, 2010
Ohio Mutual Insurance Group (OMIG) has reached an agreement to acquire N.E. Corp. and its wholly-owned subsidiary Casco Indemnity Co., a property and casualty insurer located in Saco, Maine. The transaction is expected to be completed by the end of …
November 2, 2010
The property/casualty insurance industry in Texas experienced a “ho hum” year in 2009 with soft market pricing and a difficult economy taking a toll on written premium, according to a report released by the Independent Insurance Agents of Texas. Total …
November 2, 2010
IronHealth, the specialty healthcare unit of Ironshore Inc., has introduced a government billing errors & omissions solution that helps healthcare organizations manage the risk and expense associated with audit events involving Medicare and Medicaid billings. The product, designed as a …
November 2, 2010
Insurance rating bureau A.M. Best has affirmed the financial strength rating of Reno, Nev.-based Employers Holdings Inc.of A- (Excellent) and issuer credit ratings (ICR) of “a-” of Employers Insurance Group and its four pooled property/casualty operating subsidiaries, Employers Insurance Company …
November 2, 2010
Texas Mutual Insurance Co. announced a $788,170 dividend to the Texas Medical Group (TMG). The workers’ compensation purchasing group dividend was based largely on TMG’s loss ratio. TMG has earned $1,726,338 in Texas Mutual dividends since 2008. By committing to …
November 2, 2010
Gallagher Benefit Services Inc. of Denver announced that employee benefits expert Dutch Ross has joined the office as a senior client consultant. Ross has been an employee benefits broker and consultant for a more than a decade. He has run …
November 2, 2010
Wholesale insurance broker Westrope has acquired the assets of Midwestern General Agency, a binding authority and small brokerage operation, based in Kansas City, Mo. Midwestern General has been in business since 1959 and specializes in the small to midsize business …
November 2, 2010
Liberty Mutual expands its equipment breakdown (EB) offering with the launch of PowerPro Select, an expansive monoline product for companies that prefer separate EB coverage. With the addition of PowerPro Select, Liberty Mutual enables agents and brokers to offer EB …