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NAS Launches Medical Billers, Coders E&O Program

NAS Insurance Services has launched a new program for medical billers and coders. NAS’ Medical Billers and Coders E&O includes: coverage for third party claims arising out of a wrongful act in the performance of or failure to perform medical …

Travelers Expands Special Event Insurance

The Protector Plan for Events, underwritten by Travelers, has been expanded to go beyond weddings and deliver specific coverages for private special events including parties for anniversaries, birthdays, sweet sixteen celebrations, baby showers, holiday parties, retirements and many others. Consumers …

New York-based Navigators Group Names Interim CFO

Rye Brook, N.Y.-based specialty insurer The Navigators Group said its chief financial officer Francis McDonnell will be retiring at the end of the month. The company said senior vice president of finance Ciro DeFalco will fill the CFO position on …

W. R. Berkley Sees $50M-$60M Cat Losses for Q3

Greenwich, Conn.-based insurer W. R. Berkley Corp. is estimating Q3 catastrophe losses in the range of $50 million to $60 million, before tax. The loss estimate is net of reinsurance recoveries and is inclusive of reinstatement premiums. The company is …

New Jersey Workers’ Comp Insurers Seek 6.9% Rate Hike

The New Jersey Compensation Rating & Inspection Bureau has filed a request with regulators to increase workers’ compensation rates by 6.9 percent effective 2012. “It will be reviewed by the Department of Banking and Insurance. A 6.9 percent increase is …

XL Group Hires New York-based East Region Executive

Bermuda-headquartered XL Group said its insurance unit hired Michele Sansone as senior vice president and eastern regional executive, based in New York City. She will be responsible for managing XL’s property underwriting activities throughout the eastern United States. In her …

Huxley and Chang Join Lockton Reinsurance Operations in California

Lockton has added two reinsurance brokers to its Lockton Re team in downtown Los Angeles, Calif. Allan Huxley has been named managing director of Lockton Re and Olive Chang has been named senior vice pesident of Lockton Re, Kansas City, …

Oklahoma’s Bramlett Installed as Chairman-elect of Big ‘I’ Executive Team

The Independent Insurance Agents & Brokers of America (IIABA or the Big “I”) announced that Robert “Bobby” Bramlett has been installed as chairman-elect of the IIABA’s executive committee. Bramlett is president and CEO of the Bramlett Agency in Ardmore, Okla. …

Jones Goes Nine for Nine with Brown on California Insurance Bills

California Gov. Jerry Brown signed nine bills sponsored by Insurance Commissioner Dave Jones this legislative year, giving Jones a perfect record on bills that reached Brown’s desk. “We are very pleased that the governor signed all nine of our sponsored …

Best Affirms QBE and Subs Ratings; Outlook Stable

A.M. Best Europe – Rating Services Limited has affirmed the financial strength ratings (FSR) of ‘A’ (Excellent) and the issuer credit ratings (ICR) of “a+” of UK-based QBE Insurance (Europe) Limited, QBE Insurance (International) Limited (Australia) and QBE Reinsurance (Europe) …

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