Maryland News

Special Reuters Report: America’s Route to Recovery

When Bob Hagan was a boy in Youngstown, Ohio, people equated the coke dust they swept off their doorsteps each day with opportunity, for it came from the steel mills that built this city. After graduating from high school more …

2009 P/C Insurance Mergers, Acquisitions Large and Small

Large insurers AIG, Farmers and The Hartford made moves in 2009, as did large brokers Marsh, Aon, Willis, Gallagher, Brown & Brown, Hub and Wells Fargo. So, too, did, many regional insurers and Main Street agencies. Here are the headlines …

Austin-Round Rock, Texas, Most Secure Large Metro Area

The central Texas area of Austin-Round Rock is the most secure U.S. community among large metropolitan areas (population of 500,000 or greater) in which to live, ccording to the sixth annual Most Secure U.S. Places to Live rankings from Farmers …

Fireman’s Fund Offers Allianz Brand Personal Auto Insurance in 11 States

Novato, Calif.-based Fireman’s Fund is launching an Allianz Personal Auto Policy in 11 states, with plans to offer the coverage in more states by the end of 2010. The policy initially will be available in Arizona, Colorado, Connecticut, Illinois, Kansas, …

Maryland Insurance Commissioner Tyler Resigns to Join Federal Agency

Maryland Insurance Commissioner Ralph S. Tyler has submitted his resignation to Governor O’Malley effective Jan. 8, 2010, to accept an appointment as chief counsel to the federal Food and Drug Administration. Tyler has been insurance commissioner since September 2007, when …

Harleysville Insurance Names Rooney As Inland Marine VP

Richard P. Rooney has been named vice president of inland marine for Harleysville Insurance’s Mid-Atlantic and Northeast regions. In this position, he oversees the company’s inland marine underwriting efforts in Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New …

A.M. Best Assigns ‘A-‘ Rating to Texas-based Advocate, MD Insurance

A.M. Best Co. has assigned a financial strength rating of “A-” (Excellent) and an issuer credit rating of “a-” to Austin, Texas-based medical professional liability insurer Advocate, MD Insurance of the Southwest Inc. The outlook assigned to both ratings is …

Is There a Doctor In the Firm? Businesses Hope Wellness Plans Save

Liz Sequeira, a 52-year-old primary care physician, is too young to remember when U.S. doctors made routine house calls. So to her, seeing patients in her three exam rooms on the first floor of Discovery Communications Inc.’s modern headquarters in …

Ratings: Lincoln, Grain Dealers, National States, Hanover, Atradius, WRM America, Michigan Commercial

Standard & Poor’s Ratings Services has assigned its ‘A-‘ issue credit rating to Lincoln National Corp.’s (LNC) $300 million issuance of senior notes. S&P also affirmed its ‘AA-‘ counterparty credit and financial strength ratings on LNC’s life insurance operations (Lincoln) …

Rathbun Named Medical Director at Louisiana Workers’ Comp. Corp.

Katharine C. Rathbun, MD, MPH, is now serving as medical director for Louisiana Workers’ Compensation Corporation, the company announced. Dr. Rathbun will be responsible for providing medical support for programs involving claims management, utilization review, and medical networks. She will …