April 22, 2009
Columbus, Ohio-based Motorists Mutual Insurance Co. announced it is offering educational resources to commercial lines policyholders to help them comply with new federal regulations concerning data security and identity theft. Motorists Mutual is giving commercial policyholders online access to a …
April 21, 2009
The Professional Insurance Agents Association of Ohio Inc. (PIA) has selected Douglas L. Jackson, of Hilliard, to serve as director of Education. Jackson, a Certified Parks and Recreation Professional (CPRP), comes to PIA after working more than six years as …
April 21, 2009
A Cleveland, Ohio, chiropractor who has been under investigation by the Ohio Bureau of Workers’ Compensation’s (BWC) special investigations department (SID) has been sentenced after pleading guilty to workers’ compensation fraud and intimidation, the BWC announced. Dr. Thomas Kavounas was …
April 20, 2009
Munich Re German reinsurer Munich Re has successfully concluded the acquisition of specialty insurer HSB Group from American International Group for $739 million. The deal was originally announced last December. The purchase price in cash was financed by Munich Re …
April 20, 2009
Ron Wright, chief operating officer of Texas Mutual Insurance Co. since 1997, is set to become president and CEO of the company effective Sept. 1, 2009. Wright will succeed Russell R. Oliver, who announced his retirement in February. Oliver has …
April 20, 2009
Nationwide Mutual Insurance Columbus, Ohio-based Nationwide Mutual Insurance Co. on April 3 laid off 480 employees and contractors across the country, a spokesman said. Nationwide has eliminated about 3,000 jobs nationally in the past two years. The company lost $342 …
April 20, 2009
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. Technology Errors & Omissions Market Detail: Chamber Insurance Agency Services gives agents access to an …
April 20, 2009
The Texas Supreme Court has ruled that an insurance company must pay a family’s claim over a child critically injured by a truck that was fleeing from police. The child’s parents, Greg and Maribel Tanner, sued the speeder, who was …
April 20, 2009
Cincinnati, Ohio-based Great American Insurance Group has launched Equipment Management Solutions, a new business service specializing in equipment maintenance management services. According to the company’s announcement, Equipment Management Solutions (www.GreatAmericanEMS.com) provides a way for businesses to consolidate multiple equipment maintenance …
April 20, 2009
New York-based Delos Insurance Group has named Alex A. Hammett senior vice president and chief actuary. In his new role, Hammett will oversee all actuarial functions within Delos, which specializes in program business insurance. Hammett has over 15 years of …