Monthly Archives: <span>March 2019</span>

Ohio Insurance Commissioner: Crop Insurance Deadline Is March 15

Ohio Department of Insurance (ODI) Director Jillian Froment is reminding farmers that the final date to purchase or modify federal crop insurance coverage on 2019 spring-planted crops is March 15. Crop insurance is sold and delivered solely through private crop …

Illinois’ Rush Health System Says Data Breach May Affect 45,000 Patients

Illinois-based Rush System for Health says personal information from about 45,000 patients may have been compromised in a data breach. The health system said in a recent financial filing that the exposed data may include names, addresses, birthdays, Social Security …

Houston’s Tokio Marine HCC Names Schell as Next President; Burke to Retire

Houston-based Tokio Marine HCC has named Michael Schell as president effective April 1, 2019, succeeding William Burke who is retiring. Schell currently serves as executive vice president at Tokio Marine HCC. He joined Tokio Marine HCC in 2002 and has …

Alternative Service Concepts Promotes Barnes to Claims Manager in Houston

Alternative Service Concepts (ASC), a national workers’ compensation and liability third-party claims administrator (TPA), has promoted Jolie Barnes to claims manager. She is based in Houston. Barnes brings more than 20 years’ of insurance industry experience to her new title. …

Thomas Named Manager of Michigan Insurance Department’s Fraud Unit

Michigan Department of Insurance and Financial Services (DIFS) Director Anita G. Fox has appointed Joseph Thomas as manager of the department’s Fraud Investigation Unit. Thomas has 31 years of experience in law enforcement. As manager of the Fraud Investigation Unit, …

McGowan Acquires Assets of Edgewater Holdings in Chicago

The McGowan Companies (McGowan), headquartered in Fairview Park, Ohio, announced it has purchased certain assets of the Chicago, Illinois-based program administrator, Edgewater Holdings Ltd. (Edgewater). Edgewater will be re-branded under the McGowan Program Administrators brand and will function as a …

M4.5 Earthquake Confirmed Near Colorado-Utah Border

A 4.5 magnitude earthquake occurred near the Utah-Colorado border and was felt in the tourist town of Moab, Utah, officials confirmed. The University of Utah Seismograph Stations reported that the earthquake hit Monday morning near Slide Rock Canyon, about 7 …

Credit Rating Downgrades on U.S. P/C Insurers Doubled in 2018, Says A.M. Best

Credit rating downgrades in the U.S. property/casualty (P/C) insurance segment more than doubled year over year in 2018, reversing a trend of annual declines since 2014, according to a new A.M. Best report. The report says the increase was due …

Judge Orders PG&E Compliance With Fire-Safety Laws

A federal judge is requiring PG&E Corp. to abide by rules governing how the utility operates its power lines in California, seeking to reform what he described as “dismal” management that led to a series of destructive fires over the …

Allianz Specialty Moves Ossena to U.S. to Head North American Marine Business

Allianz Global Corporate & Specialty AGCS) announced that Baptiste Ossena, global product leader of Hull and Marine Liabilities (HML), is assuming additional responsibility as the North American regional head of HML. Relocating to New York from Paris, Ossena will work …