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Karlen Named President, COO of Michigan-Based FinCor Holdings

John R. Karlen has been appointed president and chief operating officer of FinCor Holdings Inc. (FinCor), a Lansing, Mich.-based subsidiary of Medical Professional Mutual Insurance Co. In this role, Karlen will lead all of the FinCor subsidiaries including MHA Insurance …

Progressive Insurance X-Car Race Coming Down to Finish Line

The team led by Charlottesville, Va. real estate developer Oliver Kuttner is the only one left in the running for the multimillion-dollar X Prize competition to build a four-seat car that can achieve 100 miles per gallon. Two of the …

Midlands to Provide Work Comp Program for Oklahoma Restaurants

Oklahoma City-based Midlands Management Corp. announced it has been selected as the endorsed workers’ compensation program provider for members of the Oklahoma Restaurant Association (ORA). In choosing Midlands as its endorsed workers’ compensation program provider, ORA Insurance Committee Chairman Ned …

House Bill Raises Liability of Companies Operating on High Seas

The House of Representatives last Thursday passed the first major U.S. bill related to the Gulf of Mexico oil rig explosion, voting to allow families of those killed and injured workers to be compensated far more generously than current law …

In Memoriam: Markel Insurance Services’ Ryburn

Insurance industry veteran Walter B. Ryburn has died, following a six-month battle with cancer. Ryburn has been in the insurance industry in Los Angeles since the 1960s. He was most recently with Markel Insurance Services, and Brittany. In the past, …

Seat Belt Use Up in South Carolina

South Carolina Public Safety officials say a new survey shows more drivers in the state are buckling up than ever before. The State of Columbia reported that the University of South Carolina survey in June found more than 85 percent …

Chubb to Open Branch in Nanjing

The Chubb Corporation announced that the China Insurance Regulatory Commission (CIRC) has granted approval to its wholly owned subsidiary, Chubb Insurance (China) Company Limited, to establish a branch in Nanjing, Jiangsu Province. Chubb said that additional approvals from CIRC and …

Ex-Kentucky Mine Regulator Charged with Falsifying Records

A former government mine safety analyst has been indicted on charges of falsifying multiple reports while working for the Kentucky Office of Mine Safety and Licensing. Betty Sue Whitaker of Hazard faces 58 counts of tampering with public records after …

Best Affirms Lloyd’s ‘A’ Ratings

A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a+” of Lloyd’s of London and Lloyd’s Reinsurance Company (China) Limited. Best also affirmed the ICR of “a” of the Society of …

Connecticut Jury’s $2.5 Million Award Recognizes Same-Sex Marriage

A jury awarded $2.45 million Friday in a malpractice case to the estate of a Connecticut woman who had also that claimed botched cancer treatments damaged her same-sex relationship, attorneys said. Margaret Mueller and Charlotte Stacey sued two doctors in …

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