Hurricane Lane has weakened as it approaches Hawaii but was still expected to pack a wallop, forecasters said Wednesday, as people hurried to buy water and other supplies and the Navy moved its ships to safety. The National Weather Service …
In 2017, poor underwriting results for medical professional liability insurers in Missouri were partially offset by higher investment returns, and insurers barely eked out a profit, earning a 0.2 percent return on net worth. Last year, insurers were in the …
A.M. Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of C++ (Marginal) and the Long-Term Issuer Credit Rating of “b” of Farmers Mutual Insurance Company of Michigan (FMIBC) in Coldwater, Michigan. The ratings …
The University of Texas agreed to pay $600,000 to settle former women’s track coach Bev Kearney’s race and gender discrimination lawsuit, according to documents released Monday. Kearney and the school agreed to settle her nearly five-year-old lawsuit in June. Terms …
Brian L. Risen, senior vice president, Mackinaw Underwriters, Retail Distribution Management, a member of the AmeriTrust Group Inc., has been promoted to president of the Meadowbrook Insurance Agency in Southfield, Michigan. Risen brings extensive experience in strategic planning, sales, marketing …
Sam Siddons and Craig Morelos have joined the property/casualty practice at EPIC Insurance Brokers and Consultants as principals, reporting to EPIC Managing Principal and Southwest Region Director KJ Wagner. Siddons will be responsible for new business development, the design, placement …
A new task force created to investigate the high cost of auto insurance in Louisiana held its first meeting on Aug. 21, the Louisiana Department of Insurance reports. The Louisiana High Auto Rates Task Force was formed by Insurance Commissioner …
Hospital staff and physicians who are willing to explain, apologize for and resolve adverse medical events significantly reduce legal defense and liability costs, according to a study led by Dr. Florence R. LeCraw, an Atlanta anesthesiologist and adjunct professor at …
Global insurance broker Marsh has appointed Andrew Hickman as global head of Data Science within its broader Digital, Data and Analytics Practice. In this newly-created role, Hickman is responsible for advancing Marsh’s risk modeling and actuarial capabilities. He will build …
Hawaii is bracing for a grazing blow from Category 5 Hurricane Lane, now packing 160-mile-per-hour winds, enough to collapse frame buildings, cause power outages that could last weeks or months and snap trees off at the root. The storm was …
