W. R. Berkley Corp. has appointed Collin J. Suttie as president of Berkley Medical Excess Underwriters LLC (BerkleyMed) in St. Louis, Mo. Suttie succeeds BerkleyMed founder J. Michael Foley, who will continue to be involved with W. R. Berkley Corp. …
Zurich has introduced Z-Rx Insurance Solutions, which offers 27 healthcare coverages, including professional liability, general liability, property, security & privacy, management liability products and more, such as: Access to product endorsements, including eDiscovery services, for qualified customers The ability to …
The Idaho Department of Insurance announced that Gina McBride has been selected as the new bureau chief of consumer services replacing Jim Genetti, who is retiring in June. McBride has been employed by the department for 10 years. In 2007, …
Montana State Fund said its workers’ compensation insurance rates are going down by an average of 4 percent. The fund, which provides the insurance to more than 28,000 employers around the state, says the rate decrease will go into effect …
Nighttime driving is becoming more hazardous for American teenagers and the likely cause is talking and texting on cell phones while operating a vehicle, according to a study released May 6. The report by the Texas Transportation Institute said the …
New Mexico Insurance Superintendent Morris Chavez announced he will resign, saying he and his family have been the targets of “sad and derogatory” online comments in the wake of a contentious health insurance rate case his office recently settled. Chavez …
The Ohio School Plan (OSP), a group that provides insurance and risk management solutions to Ohio public school entities and boards of developmental disabilities, approved the decision to include community colleges into their membership. The OSP also has specialized risk …
Swiss Re reported net income of $158 million for the first quarter of 2010, a successful result given the “high natural catastrophe losses in the first quarter.” Swiss Re also noted that the “estimated excess capital position at the AA …
A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating of B+ (Good) and issuer credit rating of “bbb-” of Partners Mutual Insurance Company (Partners) of Waukesha, Wis. The negative outlook reflects Partners’ …
The Zurich Financial Services Group reported a strong performance for the three months ended March 31, 2010. First quarter performance highlights included the following: • Business operating profit (BOP) of $1.3 billion, an increase of 19 percent. Annualized BOP ROE …
