October 28, 2013
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A++’ (Superior) and the issuer credit ratings (ICR) of “aa+” of the members of The Hartford Steam Boiler Group (HSB). In addition A.M. Best Europe – Rating Services Limited …
October 28, 2013
Oklahoma City-based LSB Industries Inc. will get a $113 million insurance payment after a May 2012 explosion damaged one of its chemical plants in south Arkansas. No one was injured in the blast at the El Dorado Chemical Co. plant …
October 28, 2013
ISU Francis-Pinney Insurance Services Inc. named Tom Bone to the title of risk insurance advisor. Bone will continue to work with his existing clients and develop new relationships with employers, and he will lead a team of specialists in various …
October 28, 2013
Prague, a central Oklahoma town of 2,400, claims two things as its own: Olympian Jim Thorpe and an annual kolache festival that honors its Czech heritage every May. Some locals here say the place should be known for a third: …
October 28, 2013
The London-based Hyperion Insurance Group, an international insurance intermediary, announced its intention to expand its underwriting agency business in the U.S. through the acquisition, by its subsidiary DUAL, also based in London, of PGI Commercial, a property/casualty program manager headquartered …
October 28, 2013
The three main companies offering health insurance plans to Louisiana residents on the federally run online health marketplace have refused to say how many people have been able to sign up for coverage. The marketplace offers health insurance options for …
October 28, 2013
Allina Health in Minnesota is notifying thousands of patients that a medical assistant at its Inver Grove Heights clinic viewed their medical records without authorization. The Minneapolis-based hospital and clinic system is notifying 3,800 patients of the privacy breach by …
October 28, 2013
The costs of medical care to treat injured workers in Illinois are declining, the result of regulatory change enacted in 2011, according to a new study by the Workers Compensation Research Institute (WCRI). The report, Benchmarks for Illinois, CompScope 14th …
October 28, 2013
FinCor Holdings Inc., a member of Coverys which is based in Boston, has agreed to acquire OHA Holdings Inc. and its wholly-owned subsidiary OHA Insurance Solutions (OHAIS), located in Columbus, Ohio. Coverys provides medical professional liability insurance for healthcare professionals. …
October 28, 2013
New York Governor Andrew Cuomo announced today that his administration has established a new emergency disaster protocol that insurers should expect to follow in the event of future severe storms and other natural disasters. The emergency disaster protocol includes a …