They’re baaack. High-flying medical malpractice liability claims losses, that is. The availability crisis of the 1970s and the affordability crisis of the 1980s may be nothing compared to the crisis insurers and doctors face this time around. Almost 8 percent …
In an attempt to settle long-standing differences between insurers and auto repair shops, the Massachusetts Department of Insurance (DOI) is holding a hearing on Friday, Feb. 21 on various proposals calling for changes to existing regulations on auto body repair. …
ACE USA has announced a new organizational structure in which nine newly-named regional executives will oversee ACE’s regional operations. As the senior executive in each geographic region, and working closely with the ACE divisional presidents, the regional executives will oversee …
Insurance companies with systems in place to meet state and Federal Privacy standards may need to do some “tweaking” down the road to assure continued regulatory compliance, according to the National Association of Independent Insurers (NAII). Although passage of the …
Horace Mann Educators Corp., based in Springfield, Ill., today reported net income of $13.5 million, or 33 cents per share, for the fourth quarter, up from $4.8 million, or 12 cents per share, for the year-earlier quarter. But for the …
A new study by the Workers Compensation Research Institute shows that workers’ compensation costs per claim in Texas continued to increase at double digit rates during recent years. According to WCRI, workers’ compensation costs per claim in Texas rose 11 …
Eric W. Neely has been named president of Mt Washington Assurance Corporation, a member of the Plymouth Rock Companies, headquartered in Concord, NH. The company sells auto and homeowner insurance in New Hampshire through independent insurance agencies. Neely joined Plymouth …
Bunker Hill Insurance Company, a new entrant to the Connecticut homeowners insurance market, announced that it is “open for business,” following the receipt of approval for its homeowners rates from the Connecticut Insurance Department. The company noted that “This marks …
A new study by the Workers Compensation Research Institute shows that workers’ compensation costs per claim in Texas continued to increase at double digit rates during recent years. According to WCRI, workers’ compensation costs per claim in Texas rose 11 …
HCC Insurance Holdings Inc. announced the appointment of two senior executives at its corporate headquarters in Houston, Texas. Tony Feasey, who is currently senior vice president responsible for the company’s insurance company subsidiary Houston Casualty Company’s Wakefield, Massachusetts branch office, …
