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Florida Office of Insurance Approves Removal of 45,500 Policies from Citizens

The Florida Office of Insurance Regulation has approved the removal of up to 45,000 personal residential policies and 500 commercial residential polices from Citizens Property Insurance Corp. by the following two companies: Heritage Property & Casualty Insurance Co. – approved …

Mass. Gov. Baker to Appoint Judson as Next Insurance Commissioner: Report

Massachusetts Governor Charlie Baker plans to appoint Daniel Judson, the current president of Commonwealth Automobile Reinsurers (CAR), the state’s industry-operated residual market and statistical agent for auto insurance, as the next commissioner of insurance, according to a report from the …

Oregon State Fund Names Barnett President and CEO

The board of directors of SAIF Corp. in Oregon on Wednesday named Kerry Barnett as the workers’ compensation insurer’s new president and CEO. Barnett has worked for Cambia Health Solutions, formerly The Regence Group, since 2004, most recently as executive …

NEW CEO of CAP Dealing with Changing Med Mal Market

A potentially hardening market and a paradigm shift in how healthcare is delivered are just two issues Sarah Pacini has had to face since her first day on the job. Pacini is CEO of Los Angeles, Calif.-based Cooperative of American …

Minnesota Firm Settles Disability Discrimination Claim for $50K

A Minneapolis-based distributor will pay $50,000 to settle a claim that it fired a man after he had a heart attack. The U.S. Equal Employment Opportunity Commission announced the settlement with Baldwin Supply Co. The lawsuit alleged that Baldwin Supply …

Higginbotham Adds Homeowners Association Insurance Practice Group

A group of five commercial property/casualty insurance professionals led by broker Mark Conner has joined Higginbotham in Houston. The group specializes in homeowners association (HOA) insurance and loss control, serving hundreds of single family community associations in Texas. The group …

Hub International Acquires Assets of ‘N Compass Group in New Mexico

Hub International Limited has acquired the assets of Las Cruces, New Mexico–based ‘N Compass Group Inc.. ‘N Compass provides employee benefits insurance and consulting services to the Las Cruces and El Paso areas of Southern New Mexico as well as …

Ratings of Farmers Mutual Hail Insurance Co. of Iowa Downgraded

A.M. Best has downgraded the financial strength rating to A- (Excellent) from A (Excellent) and the issuer credit rating to “a-“from “a” of Farmers Mutual Hail Insurance Company of Iowa (FMH), headquartered in West Des Moines. Both ratings have been …

NTSB: Pilots in Fatal Katz Crash Ignored Safety Check on 99% of Trips

Investigators of the private-jet crash that killed billionaire Lewis Katz discovered that the sports mogul’s personal pilots almost never performed the required pre-flight safety checks when shuttling their boss around the country. There were only two occasions out of the …

Buchan Joins JLT Specialty’s Construction Practice; Lu Joins Environmental

JLT Specialty Insurance Services Inc. has appointed William Buchan as senior vice president of its Construction Practice, which is based in San Francisco. Buchan will help lead all facets of the Construction Practice, as well as provide counsel to other …

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