These international People Moves include recent appointments at Howden Australia, which hired three people from Marsh; a new hire at Strategic Risk Solutions in Luxembourg and a promotion at Liberty Specialty Markets in London. A summary of these new hires …
An Oklahoma City physician has paid more than $300,000 to settle civil penalty claims related drug abuse prevention and control laws, the U.S. Attorney’s Office for the Western District of Oklahoma reported. Albert T. Nguyen, M.D., paid $325,000 to settle …
A tornado damaged several buildings and knocked down power lines and trees in eastern Iowa Sunday night; a tornado near the Ohio-Indiana border damaged houses and other structures; and several parts of Missouri were cleaning up Monday after strong overnight …
Mercury Insurance has made its usage-based insurance app, MercuryGO, available to drivers in Oklahoma. The app acts as a virtual driving coach, providing skill scores that give real-time feedback about driving behavior, the company said. Mercury auto insurance policyholders who …
Several Indiana cities have opted out of the state’s pending lawsuits against opioid manufacturers and distributors, reasoning that they will likely see more cash from their own litigation filed in response to the nation’s opioid epidemic. The suburban Indianapolis cities …
AM Best has upgraded the Financial Strength Rating to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “a-” (Excellent) from “bbb+” (Good) of Illinois Casualty Co. (ICC), based in Rock Island, Illinois. Concurrently, AM …
Europe’s insurance industry is emerging from the coronavirus crisis with a stronger appetite for mergers and acquisitions (M&A), along with expectations for strong earnings growth in 2021, according to Moody’s annual survey of chief financial officers (CFOs) from 21 leading …
A judge has ruled in favor of a group of hotels whose owners sued their insurance carriers over lost business during the coronavirus pandemic. Businessman Mark Stebbins of Schleicher & Stebbins Hotels LLC, one of the plaintiffs, said the pandemic …
ShoreOne Insurance Managers Inc. is launching its admitted, residential homeowners policy with full flood insurance protection in New Jersey. This product is already live in South Carolina, and there are plans to expand into other states on the Eastern Seaboard …
Merchants Insurance Group Promotes Lasante in New England Office Merchants Insurance Group has promoted Regional Underwriting Manager Kevin Lasante to regional vice president of its New England office in Bedford, New Hampshire, effective June 7, 2021. He will assume the …
