January 5, 2016
An Evansville, Ind., couple is keeping up a decadelong legal fight over their claims of medical malpractice in their daughter’s birth that left her a quadriplegic and unable to speak. A Vanderburgh County jury in 2013 awarded $15 million in …
January 5, 2016
Weather officials say 19 tornadoes touched down in Tennessee last year, marking the state’s lowest total since 2007. The National Weather Service said one tornado struck the state in April and two touched down in May of 2015. A record-setting …
January 5, 2016
The Florida Office of Insurance Regulation (OIR) has approved the removal of up to 70,000 personal residential policies and 1,500 commercial residential polices from Citizens Property Insurance Corporation (Citizens). The following two companies have been approved to participate: Heritage Property …
January 4, 2016
The New York Insurance Association (NYIA) announced that Steven J. Coffey, president and chief executive officer of Broome Co-operative Insurance Company (BCIC), has been elected to serve as the association’s chair for 2016. Coffey has been on the NYIA board …
January 4, 2016
Safety Insurance Group Inc. in Boston announced Monday that David F. Brussard, current president and chief executive officer, will retire effective March 31, 2016.
January 4, 2016
The Mississippi River and many of its tributaries on Jan. 3 continued their retreat from historic and deadly winter flooding, leaving amid the silt a massive cleanup and recovery effort likely to take weeks if not months. The flood, fueled …
January 4, 2016
Dallas-based independent insurance agency, CoVerica Inc., has opened a new branch location in Tyler, Texas. Keith Nail is Tyler’s branch president and Tyler resident. Nail holds the CIC designation and specializes in serving business owners and executives insurance, managing risk …
January 4, 2016
Some, but not all, experts see an improving U.S. economy in 2016 helping to boost the property/casualty (P/C) insurance sector. Some of these prognosticators are more optimistic than others. But most also anticipate continued low interest rates, downward pricing pressures, …
January 4, 2016
Odd but true: The agent called and asked the underwriter to amend the named insured. The insured had policies with two different insurance carriers. Apparently the other insurance carrier had misspelled the named insured on its policies. That’s not the …
January 4, 2016
The world’s largest insurer as measured by 2014 net premiums written is UnitedHealth Group Inc., according to a ranking by A.M. Best of the world’s largest insurance companies. France’s AXA S.A. kept its top spot among global insurers ranked by …