News

Ohio’s Westfield Launches Specialty Insurance Business

Westfield, a Westfield Center, Ohio-based super-regional property/casualty insurance company with a 173-year history, is entering the specialty insurance business with the launch of Westfield Specialty. Westfield appointed insurance veteran Jack Kuhn president of the new business. Current market conditions coupled …

Credit Rating Outlook Changed to Negative for Missouri’s Cameron Mutual Insurance

AM Best revised the outlook to negative from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of B (Fair) and the Long-Term ICR of “bb+” (Fair) of Cameron Mutual Insurance Co. (Cameron …

South Dakota Rules for Medical Pot in Public Schools Approved

The South Dakota Department of Education succeeded on July 19 in its second attempt to get legislators to approve rules for allowing medical marijuana in public schools. The Board of Education struck language that would have made the rules apply …

Ohio Beefs Up Fair Ride Inspections 4 Years After Deadly Accident

Four years after a carnival ride’s corroded steel arm snapped and flung a high school student to his death at the Ohio State Fair, the state is tightening its oversight of amusement rides. Inspectors are conducting more mandatory checks for …

House Explodes in Dallas Suburb; 6 Injured

Six people were injured when a house in the Dallas suburb of Plano was destroyed in an explosion on July 19 that also left the two homes on either side of it with major damage, authorities said. Plano Fire-Rescue said …

Agency Partnership News Wrap-Up: SAN Group, Valley Alliance, Keystone, United Valley

SAN Group Adds 16 New Member Agencies Satellite Agency Network (SAN) Group Inc. added 16 independent member agencies to the group in the first half of 2021. SAN, the founding master agency of SIAA, is now comprised of more than …

First Half Insured Losses From Natural Disasters Reach 10-Year High

Insured losses from natural disasters hit a 10-year high of $42 billion in the first half of 2021, with the biggest loss related to extreme cold in the United States in February, insurance broker Aon said on Wednesday. Overall economic …

Bradenton, Florida Insurance Agent Pleads Guilty to Defrauding Elderly Investors

Kenneth Murry Rossman, a certified public accountant and licensed insurance agent, pleaded guilty to conspiracy to commit wire fraud and mail fraud and aiding and assisting in the preparation and filing of a false income tax return, according to the …

People Moves: Lockton Names Presidents; Moxley Joins IOA Tallahassee Office

Lockton Lockton has promoted Neil Metzheiser to President of the Atlanta office. Metzheiser specializes in the design and implementation of property and casualty and executive protection liability programs. In his expanded role, he will work closely with production and service …

$5.5M Settlement Reached in Washington Nurse Lawsuit

A class-action lawsuit brought by thousands of nurses who said they weren’t properly paid for lunch and other breaks has settled with Kitsap County’s main health care system, Virginia Mason Franciscan Health. Under the $5.5 million settlement, nurses will receive …

News Archives by Month