Monthly Archives: <span>January 2014</span>

Jury Awards Ohio Man with Asbestos-Related Cancer $27M

A jury in Ohio has awarded a Cleveland-area man suffering from asbestos-related cancer a $27.5 million verdict. The man’s attorney tells The Plain Dealer that it’s the largest award of its kind in Ohio. John Panza was diagnosed in 2012 …

Alabama Jury Awards Farmhand $4M for Genital Injury

A south Alabama jury has decided a farm owner should pay a former worker $4 million in damages for an on-the-job accident that left the man with skinned genitals. AL.com reported that Gerald Lymon was holding onto the boom of …

MHG Insurance Brokers Opens Office in Houston

MHG Insurance Brokers, a national brokerage in the United States specializing in life and health insurance for groups and individuals as well as business insurance, announced the opening of an office in Houston, Texas. The office is poised to serve …

Homeowners Choice Sells First Flood Policy in Florida

Homeowners Choice Property & Casualty Insurance Co., Inc., a Florida based provider of admitted homeowners insurance and wholly-owned insurance subsidiary of HCI Group, Inc., is now selling flood insurance to existing customers in Florida. Many Florida residents have seen a …

Louisiana Town Gets Insurance Quote to Cover Police Liability

The Sorrento Police Department in Louisiana is still without liability insurance but the town council has one insurance proposal to consider and a second proposal expected within the week. The Advocate reported that on Jan. 21, council members unanimously postponed …

Ohio Workers’ Comp Bureau: Prescription Formulary Saves over $20M

The Ohio Bureau of Workers’ Compensation (BWC) announced that changes made to its pharmacy management program in recent years have resulted in a reduction in prescriptions of some of the most commonly overused drugs and total drug cost savings of …

ProAssurance Announces Management Promotions, Realignments

Alabama-based ProAssurance Corp. announced a series of promotions and reporting realignments. Effective immediately, Howard H. Friedman is the president of the Healthcare Professional Liability Group within ProAssurance. Chief Financial Officer Edward (Ned) L. Rand assumes additional duties as executive vice …

Wichita, Kansas Denies Insurer’s Claim from Apartment Standoff

The city of Wichita, Kan., has denied a claim of more than $400,000 from the insurer of an apartment complex that was damaged during a long standoff last summer. Auto-Owners Insurance Co. is seeking $411,411 for damages to the Southlake …

Great American Introduces Enhanced Coverage for Human, Social Service Groups

Great American Insurance Group has launched enhanced professional liability coverage for human and social service organizations. The coverage, offered through its Specialty Human Services Division, is designed to protect these organizations from lawsuits they may face for the professional services …

AssuredPartners Enters West Virginia, Acquiring Commercial Insurance Services

Florida-based AssuredPartners Inc. said it has completed the acquisition of Commercial Insurance Services through its newly formed operation AssuredPartners of West Virginia. Terms were not disclosed. The Commercial Insurance Services transaction marks the first platform acquisition for AssuredPartners in West …