MEMIC Group News

AM Best Revises Outlooks to Stable, Affirms Excellent Ratings for MEMIC Group

AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a” (Excellent) of workers’ compensation specialist Maine Employers’ Mutual Insurance Co. in Portland, Maine …

People Moves: Harford Mutual Promotes Officers; Kyer Joins MEMIC; GMI Appoints Hall, Kelly

Harford Mutual Promotes Gearhart, Thames Wayne Gearhart has been promoted from vice president of claims to senior vice president and chief operating officer of Hartford Mutual Insurance Group, headquartered in Hartford, Connecticut. Gearhart brings nearly 30 years of insurance industry …

People Moves: MEMIC Welcomes Safety National’s Hoff; Delaware to Name New Captive Chief; Arthur Hall Names Mackarevic Partner

MEMIC Names Hoff Vice President of Loss Control and Safety The MEMIC Group has named Maryann Hoff, a 17-year insurance industry veteran, its new vice president of loss control and safety. Hoff comes to MEMIC from Safety National Casualty Corp., …

People Moves: MEMIC Names White Underwriter for Pennsylvania; World Insurance Hires Robb as General Counsel; S&S Adds Loss Control Specialist White

MEMIC Hires White as Senior Underwriter in Pennsylvania Workers’ compensation insurer MEMIC Group has hired Curtis White as senior production underwriter, responsible for renewals and new business in Pennsylvania. White’s career in the workers’ compensation industry spans 14 years and …

People Moves: Risk Strategies Adds deRosa, Massi; Frederick Mutual Promotes Price, White; MEMIC HIres 3 Underwriters

Risk Strategies Adds to Private Client Services Team Boston-based specialty insurance brokerage Risk Strategies announced two hires in its Private Client Services practice. Tim deRosa has joined as chief operating officer, Private Client Services, and Eric Massi as senior vice …

People Moves: Johnston, Skiba Join Irwin Siegel; MEMIC Adds Newton, Cosey; O’Neill Joins McGriff

Irwin Siegel Adds to Executive Management Team Rock Hill, New York-based program manager Irwin Siegel Agency (ISA) announced two additions to its executive management team. Jennifer Johnston has joined the company as vice president of Underwriting in ISA’s newly formed …

Q&A: MEMIC Safety Expert on Growth of Ergonomics, Workers’ Comp

Karl Siegfried, Senior Vice President of Loss Control & Safety Services at Portland, Maine-headquartered MEMIC Group recently spoke with Insurance Journal about the safety management team that is in place at MEMIC and the ways in which it seeks to …

MEMIC Names Yao as Chief information Officer

Workers’ compensation specialist The MEMIC Group has appointed John R. Yao as senior vice president and chief information officer to oversee the company’s information systems and technology. Yao has 35 years of information technology experience in the healthcare and insurance …

MEMIC Names XL Catlin’s Gonnella VP of Claims for Atlantic, Northeast

Workers’ compensation insurer The MEMIC Group has appointed Gus Gonnella to the position of vice president of Claims for the Atlantic and Northeast regions. In his more than 23 years of experience in the insurance claims industry, Gonnella has been …

Workers’ Comp Insurers Unfazed by TRIA Failure For Now But Expect Quick Fix

The expectation that the new Congress that convenes this week will act quickly to reauthorize the Terrorism Risk Insurance Act (TRIA) is keeping workers’ compensation insurers in particular from altering their behavior at least for now, according to insurance executives. …