A new Vermont law restricting the drug industry’s use of data on doctors’ drug prescribing habits is facing a federal lawsuit and a new round of scrutiny. The law, which was amended in the waning days of last year’s legislative …
A.M. Best Co. indicated that the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit rating (ICR) of “a” of Verlan Fire Insurance Company of Silver Spring, MD, are unchanged following the recently announced definitive agreement by The Hanover …
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Oil and Gas Well Drilling Contractors
Giant insurance broker Marsh announced changes to its global organizational structure as well as several senior management appointments. Marsh said its global insurance broking business will be consolidated into two geographic divisions: U.S./Canada and International. As part of this combination, …
Surprising Amount “We are both surprised and disappointed by the amount of the fine.” —Michelle Levy, Spokesperson for Foremost, reacting to a $230,000, near-record fine levied against the company by the state of Connecticut. The fine came after regulators found …
Connecticut’s insurance commissioner is a ‘small government kind of guy’ with big company kind of experience Thomas Sullivan has switched sides — sort of. Before being named Connecticut’s insurance commissioner last year, Sullivan spent years as an insurance industry executive, …
Assurex Global, a worldwide network of independent insurance brokers, named its newest and 52nd chairman of the board. Bill Jeatran, chief executive officer of RJF Agencies, Minneapolis, Minn., succeeds Paul J. Hering, who is the managing principal and CEO of …
$72 Million The value of assets seized from Martin Frankel, a former financier convicted of stealing from insurance companies. Outgoing Mississippi Insurance Commissioner George Dale said the assets were seized by the FBI and the Internal Revenue Service as a …
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Small Residential General Contractors Nuts & Bolts: NSM Insurance Group is offering coverage for general …
The former chairman and CEO of the world’s largest insurer initiated a deal that led to five ex-executives being charged in a scheme to manipulate the company’s financial statements, a federal prosecutor said Monday during opening arguments at their trial …
