News

Penn.-based NSM Insurance Receives Capital Investment

NSM Insurance Group, an insurance program administrator, said it has received a capital investment from a private equity investment firm. NSM Insurance says the capital infusion from ABRY Partners will help enhance its ongoing growth and acquisition strategy. The firm …

Association Offers Liability Enhancements for Orthodontists

The American Association of Orthodontists Insurance Co. (AAOIC) has added five enhancements to its professional liability insurance plan for members of the association. The enhancements will be automatically offered to all new and in-force AAOIC Professional Liability Insurance policyholders effective …

Some Work Comp Claims in Michigan Must First Go to Mediation

Michigan workers’ compensation insurance regulators report that due to recent statutory changes some contested workers’ compensation claims will be assigned to mediation. Michigan Workers’ Compensation Agency announced that staff members have been instructed to assign the following contested workers’ compensation …

The Buckner Co. of Utah Hires Trujillo

The Buckner Co. has hired Russell Trujillo in their employee benefits department. Trujillo will work with employers to help them find benefits packages for their employees. The Buckner Co. has placed much emphasis on expanding their employee benefits division in …

Direct-Link Acquires Southern California Firm Cumbre

Direct-Link Holding Group LLC has acquired Cumbre Insurance Services’ commercial insurance division in Ontario, Calif. Cumbre Inc. operates both a commercial insurance and public entity division. Cumbre’s SBE/DBE/MBE public entity division will continue to operate separately under its current structure. …

Illinois Officials Report Drop in Tollway Usage After Fee Hike

Illinois State Toll Highway Authority officials say the number of cars using the state’s toll roads dipped by 4.5 percent since fees for users nearly doubled on Jan. 1. Spokeswoman Wendy Abrams says the decrease was not as great as …

2 Tornados Confirmed in Houston Area From Storms

Forecasters say two tornados hit the Houston area during recent thunderstorms that flooded roads and knocked out power. The National Weather Service said a tornado with 95 mph winds touched down on Jan. 9 in Mission Bend, 25 miles southwest …

Bill to Make Highways Safer on Fast Track in Missouri Senate

Legislation is on a fast track in the Missouri Senate to make the state comply with federal standards for commercial truckers and drunken driving sentences in an effort to avoid penalties that could dock tens of millions of federal road …

Oklahoma Charges Former Agent with Embezzlement, Unlawful Insurance Sales

The Oklahoma insurance regulators announced that a Tulsa area man has been charged unlawfully selling health insurance to Oklahoma customers. The Oklahoma Insurance Department said Terry L. McCrackin, 64, was charged in Tulsa County by Oklahoma Attorney General Scott Pruitt’s …

R-T Specialty Acquires Texas Insurance Wholesaler Maclean, Oddy & Associates

R-T Specialty LLC, the wholesale broker of Ryan Specialty Group LLC, has acquired Texas-based insurance wholesale firm Maclean, Oddy & Associates Inc. (MOA). MOA is a specialist broker for unusual property and casualty risks with a focus on environmental coverages. …

News Archives by Month