Chubb Corporation announced that it has entered into an agreement to sell Personal Lines Insurance Brokerage, Inc. (PLI) to Chicago-based Hub International Limited. The transaction is expected to close within 60 days, subject to customary closing conditions. Terms of the …
A national system designed to increase reporting of medical errors has won final congressional approval and been sent to President Bush. It is estimated that more than 250 Americans die every day as a result of preventable medical errors. Health …
Charlotte, N.C.-based Royal & Sun Alliance has agreed to sell Viking Insurance, its specialty U.S. non-standard auto business to Sentry Insurance, of Stevens Point, Wisc. for $200 million in cash. The purchase is subject to regulatory approval. Viking wrote direct …
Mark Bowsher has joined Montgomery Insurance as the vice president of Personal Lines Operations for the Sandy Spring, Charlotte and Atlanta regional offices. Bowsher will work in Montgomery Insurance’s Charlotte, N.C. region where its Personal Lines Operations are based. Bowsher …
Raleigh, N.C.-based MJM Investigations, Inc., an international insurance investigations firm providing innovative investigative solutions to the insurance industry, has appointed John Halliday as vice president of technology. Halliday has more than 26 years of experience in the information technology and …
North Carolina Insurance Commissioner Jim Long wants senior citizens to be aware of the aggressive marketing of Medicare Advantage plans by insurance companies and for seniors to be aware of what is legal and what resources they can turn to …
After a string of high-profile data thefts and losses, business leaders this week announced an education campaign to better protect sensitive client information from hackers and other thieves. “The fraudsters are ever more sophisticated than they have been in the …
Medicaid fraud consisting of financial abuses by doctors, providers and patients will be targeted by a new 10-member fraud unit being formed in North Carolina. “We have to ensure that every Medicaid dollar is well spent,” Allen Dobson, a top …
Workers’ compensation cases with significant unanticipated medical care and costs are most common in California and Texas, and can represent as much as 30 to 40 percent of medical costs in most states, according to a new study by the …
Burns & Wilcox has announced the appointment of Susan Johnson as an assistant underwriter of transportation/inland marine for its Morehead City, N.C. office; and James Goodman has been named a personal lines underwriter for the firm’s exclusive national condominium program. …
