July 8, 2010
The Doctors Co., a national insurer of physician and surgeon medical liability, will acquire American Physicians Capital Inc. (APCapital), an East Lansing, Mich.-based provider of healthcare liability insurance, in a transaction that is expected to close in the fourth quarter …
July 8, 2010
Honolulu-based Island Insurance Co. Ltd. has appointed Lyle Y. Harada as vice president of its claims division. In his position, Harada will be responsible for the strategic planning, development and management of all claims functions. Prior to joining Island Insurance, …
July 8, 2010
A California-based health insurance company has agreed to pay Connecticut $250,000 for losing a disk drive containing private information of 1.5 million customers, including nearly 450,000 state residents. Attorney General Richard Blumenthal announced that along with the settlement, Health Net …
July 8, 2010
God only knows what will happen to churches and other nonprofit organizations that say they are struggling for survival because of the Gulf oil spill crisis. Months after the Deepwater Horizon rig exploded and its well started gushing oil, the …
July 8, 2010
Arkansas Consumers who were scammed by an unlicensed health benefits company called American Trade Association Inc. (ATA) or its affiliates have until Aug. 31, 2010, to pursue a refund of money they paid for this phony insurance product, the Arkansas …
July 8, 2010
New York Superintendent of Insurance James J. Wrynn said his agency will hold a public hearing on August 20 to explore the possibility of increasing insurance capacity in New York by easing access to unauthorized insurers. The New York State …
July 8, 2010
A West Monroe, La., agent has been served by Department of Insurance Fraud Section Investigators with a cease and desist order, a summary suspension order and fine notice for alleged misappropriation and misrepresentation. Michael Ryan Evans, 26, who faces a …
July 8, 2010
Kent, Wash.-based Bell-Anderson Agency Inc., a regional insurance brokerage, has acquired Pacific Insurance of Spokane, Washi. Terms of the deal were not disclosed. Jim Hunt, president and CEO, said, “the acquisition of Pacific Insurance complements our existing book of business …
July 8, 2010
Andrew C. “Drew” Apperson was recently installed as president of the Alamo Chapter, Society of Chartered Property Casualty Underwriters, in San Antonio, Texas. He received his CPCU designation in 1993 and also holds the CIC (Certified Insurance Counselor) and CRM …
July 8, 2010
Nevada Department of Business & Industry Director Dianne Cornwall has announced the appointment of Brett J. Barratt as the new commissioner of the Division of Insurance. Barratt replaces Scott J. Kipper, who resigned the position in June. Barratt, an attorney, …