Travelers has unveiled new property coverages through its IndustryEdge product for healthcare organizations. New coverages include: Ordinance or Law – Communicable Disease Contamination Coverage – This coverage pays the costs incurred to clean up and remove communicable disease contamination from …
Patriot National Insurance Group hired Theodore Werckman as alternative market underwriting manager of the group’s PEO unit. In this position, Werckman will oversee Guarantee Insurance Co. and Patriot Underwriters’ PEO renewals and new business. He reports to John Harris, director …
of American International Group Inc. fell 3.6 percent Wednesday after the insurer and the U.S. Treasury sold $8.7 billion worth of AIG stock. The Treasury sold 200 million shares, reducing its stake in the company to 77 percent from 92 …
Authorities have identified the fatal stabbing suspect fatally shot by Philadelphia police over the weekend. The Philadelphia Inquirer reports officers shot and killed 22-year-old Eric Radcliff because he lunged at them with a knife as they tried to take him …
A Rhode Island radio personality has agreed to plead guilty to taking part in an insurance fraud scheme involving a former North Providence town councilman recently sentenced on fraud and corruption charges. Federal prosecutors say Lori Sergiacomi — known on …
As Joplin, Mo., attempts to clean up after what’s been deemed the single most destructive tornado in U.S. history, other Midwest states continue to assess damage to recent tornado-producing storms. The National Weather Service confirmed that damage left behind after …
Combined Agents of America LLC (CAA), based in Austin, Texas, has elected John V. Shropshire Jr., CEO of The Shropshire Agency in Lubbock, Texas, as its new chairman for 2011-2012. CAA’s new 2011-12 Management Committee includes: President Lloyd Eisenrich, president …
PBS Insurance Underwriting Corp has acquired Todd R Soll Insurance Services Inc. of Sherman Oaks, Calif. TRS is a wholesaler for professional liability (medical malpractice) insurance coverages throughout the country. TRS will be changing its name to PBS Insurance of …
Independent Insurance Agents of Dallas (IIAD) Staffing Services division has teamed up with Work At Home Vintage Employees LLC (WAHVE) to provide domestic outsourcing services to supply back-office support to insurance agencies across the state of Texas. The joint venture …
The Doctors Co. announced it will acquire FPIC Insurance Group Inc. a Florida-based provider of medical professional liability insurance for physicians, dentists, and other healthcare providers. The Doctors Co. will acquire FPIC for $42 per share in cash, representing an …
