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Concerns Over Cyber Security Risks Outweigh Traditional Risks for Large Firms: Study

Cyber security risks have become more worrisome to large organizations than traditional natural catastrophe risks, according to a new study released today. The study, titled “Managing Cyber Security as a Business Risk: Cyber Insurance in the Digital Age” and conducted …

Ex-Construction Firm Worker Admits Role in N.J. Insurance Fraud

A Florida man who worked for a now-defunct southern New Jersey construction company has admitted his role in a scheme in which he purposely damaged homes he claimed had been hit by hail. New Jersey authorities announced Monday that 34-year-old …

MedMal Direct Expands into Texas

Jacksonville-based MedMal Direct Insurance Company (MedMal Direct), now in its fourth year of business, has received its certificate of authority from the Texas Department of Insurance and has officially launched operations as a medical malpractice insurance carrier in Texas. MedMal …

Georgia Commissioner Offers Advice in Wake of Recent Flash Flooding

With confirmed flash flooding in northern Georgia from torrential rain, Insurance Commissioner Ralph Hudgens is reminding homeowners that policies for mobile or manufactured homes may include coverage for flood damage, unlike standard home policies. Owners of traditional site-built homes can …

MAPFRE Insurance Expands DriveAdvisor Telematics Program to Oregon

MAPFRE Insurance has expanded its DriveAdvisor Program to the state of Oregon. DriveAdvisor is a voluntary program that provides an auto insurance discount for customers who elect to use telematics technology to monitor their driving behavior. The discount is available …

Oklahoma Officials Place May 20 Tornado Toll at 25

The Oklahoma Medical Examiner has increased the toll from the May 20 tornado at Moore after the death of a 90-year-old woman critically injured in the storm. Spokeswoman Amy Elliott said that the death of Kathryn Begay pushed the death …

Indiana’s Brotherhood Mutual Insurance Promotes Book, Thomas

Fort Wayne, Ind.-based Brotherhood Mutual Insurance Co. has promoted Dan Book to the position of vice president – sales and Mitzi Thomas to vice president – marketing. Book joined Brotherhood Mutual in 1989 and was the assistant vice president – …

Miss. Kicks Off New Fire Safety Program, Distributes Free Smoke Alarms

Mississippi’s insurance commissioner and fire marshal Mike Chaney kicked off a new statewide fire safety program called “Operation: SAM (Smoke Alarms Mississippi).” Last week, the program distributed free smoke alarms at the Neshoba County Fair. In 2011, 15 cabins were …

Texas-Based LevelFirst Adds Biskup as Senior VP

LevelFirst, a wholesale broker and managing general agency based in Dallas, Texas, announced that Brett Biskup has joined the firm as senior vice president. Biskup brings more than 21 years of insurance experience, most recently serving as underwriting manager for …

DA: No Evidence Linking Ex-Paramedic to Texas Fertilizer Plant Blast

The Texas Rangers have turned up no evidence linking a former paramedic from a small Central Texas town to a fire and explosion at a fertilizer plant in the town. The West Fertilizer plant explosion April 17 killed 15 people, …

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