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INSURICA, DFB Insurance Group Forge Partnership

Oklahoma City-based INSURICA and Amarillo, Texas-based DFB Insurance Group have combined to form INSURICA DFB Insurance Services LLC. The new entity will be jointly owned by INSURICA and DFB. The transaction, effective Jan. 1, 2017, will grow INSURICA’s revenues to …

Missouri’s Grundy County Farmers Mutual, CFM Insurance to Merge

The boards of Missouri-based mutual insurance companies, CFM Insurance Inc. and Farmers Mutual Insurance Company of Grundy County, have approved a plan to merge the two companies. Pending formal approval by Missouri Department of Insurance Director John Huff, all FMIC …

Amerisure Promotes Buddie, Maciejewski to Director Positions

Farmington Hills, Mich.-based Amerisure Mutual Insurance Company has appointed Erin Buddie as director of Human Resource operations and Keith Maciejewski as director of Underwriting Consultative Services Buddie will lead HR operations with direct responsibility for compensation, benefits, employee relations, performance …

Data Provider Location Inc. Gets California Department of Insurance OK

Location Inc. announced that the California Department of Insurance has approved its predictive crime analytics for rate filing, making it the 12th state the firm has received approval for rate filings. Location Inc. analytics collect raw data reported from local …

False Claims Settlements in 2016 Top $4.7 Billion: Justice Department

The Department of Justice obtained more than $4.7 billion in settlements and judgments from civil cases involving fraud and false claims against the government in fiscal year 2016. This is the third highest annual recovery in False Claims Act history, …

Moderate Quake Shakes California’s Central Coast

California’s central coast was rattled overnight by a 3.9-magnitude earthquake. San Luis Obispo County Sgt. Dave Nottenkamper says he felt a single sharp jolt just before 4 a.m. Wednesday. The U.S. Geological Survey says the quake’s epicenter was about five …

California Orders Uber to Halt Self-Driving Operations

California regulators warned ride-hailing company Uber on Wednesday that it would face legal action if it did not immediately stop giving people in San Francisco rides in self-driving cars until it receives permission from the state. Uber started a public …

Metromile: New App Resolves Some Claims in an Hour

Pay-per-mile auto insurer Metromile has announced a new automated claims service that allows customers to file a claim entirely from their mobile phone or online dashboard. The insurer says some claims can be resolved within an hour. Customers can also …

SCOR Launches Contingent Capital Facility as Solvency Cover After Major Cat Event

SCOR announced the launch of a new three-year contingent capital facility, which provides the group with €300 million ($319 million) coverage in case of an extreme natural catastrophe or life events affecting mortality. SCOR said the facility takes the form …

Maine-Based MEMIC’s Founding President and CEO to Retire in 2017

The MEMIC Group, the Portland, Maine, headquartered workers’ compensation insurer, has announced the retirement of its founding President and CEO, John T. Leonard, effective September of 2017. Leonard serves as the first and only president and CEO in the history …

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