Results from a monthly survey of business supply managers suggest that manufacturing is boosting economic conditions in nine Midwest and Plains states, according to a report issued on March 1. The Mid-America Business Conditions Index report said the overall economic …
The workers’ compensation system could end up feeling some pain if changes to health care and other social insurance programs by Congress and the Trump Administration mean some Americans lose benefits, workers’ compensation professionals were told on Thursday. Replacing Obamacare, …
Major business interests are lining up against one of Lt. Gov. Dan Patrick’s top priorities — a bill that would make it harder for Texans to force their insurance companies to pay up when calamity strikes. Patrick and his allies …
More extreme weather has led to more extreme insurance claims in the U.S. over the past few years. In a review of more than 100,000 commercial catastrophe claims during a 10-year period, Mark A. Anderson, a claims executive at Nationwide …
Lockton Dunning Benefits has added Paul M. Botkin as the newest vice president and subject matter expert for its disability consulting and leave administration practice. Prior to joining Lockton Dunning Benefits, Botkin was responsible for building and managing multiple consulting …
Hub International Ltd. has acquired LISSC in Santa Ana, Calif. Terms of the deal were not disclosed. LISSC’s team will join Hub California. Angelo Maroutsos and Dennis Monahan, co-owners, and David Trevino, vice president, of LISSC, will join Hub California …
A.M. Best has upgraded the Financial Strength Rating (FSR) to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “a-” from “bbb+” of Farm Bureau Mutual Insurance Company of Arkansas Inc. (Arkansas Farm Bureau), based …
Marsh & McLennan Agency LLC (MMA) has acquired Blakestad Inc., a private client and commercial lines independent insurance agency. Terms of the transaction were not disclosed. Headquartered in Minneapolis, Minn., Blakestad provides property/casualty insurance to privately held businesses and individuals, …
Holmes Murphy & Associates has hired Jeff Marchino as a senior consultant for employee benefits in its Dallas office. Marchino joins the team with more than two decades of experience in the insurance industry. Marchino will work closely in the …
An effort to prohibit coverage of abortion by many health insurance plans in Texas is back, despite stalling in previous years. Republican Sen. Larry Taylor of Friendswood is seeking to bar health insurance plans offered through the Obama administration’s signature …
