The Ohio Medical Professional Liability Closed Claim Report for 2008 shows a total of 3,080 medical professional liability claims were closed in 2008 by 93 insurance entities. The average payment per closed claim was $252,522, according to the Ohio Insurance …
Leading into 2009, agencies were at a crossroads; uncertain of whether to sell, buy, or implement new or improved organic growth strategies. The path was uncertain, but it was widely believed that market, economic and political dynamics would impact and …
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. Livestock Mortality Insurance Market Detail: Chopra Insurance Brokerage Inc. offers an “all risks of mortality” …
The Professional Insurance Marketing Association, a networking and business development forum for the insurance direct marketing arena, has elected its 2010 leaders, naming James P. Gallagher president. Gallagher is senior vice president, sales & client relations at USI Affinity, Collegiate …
The Internal Revenue Service and 37 states are cracking down on companies that try to trim payroll costs by illegally classifying workers as independent contractors, rather than as full employees, The Associated Press has learned. The practice costs governments billions …
Keystone Insurers Group (KIG) is continuing its expansion in Kentucky. The company announced it has added Rowland Insurance and Rudd Insurance to its growing list of partner agencies in Kentucky. These two firms join KIG’s network of more than 200 …
National Contractors Insurance Company, Inc., a Risk Retention Group (“NCIC”), A.M. Best Rated B+ (Good), is expanding from 25 to 35 states, with their Commercial General Liability coverage now being made available in Alabama, Connecticut, Indiana, Iowa, Kansas, Ohio, Mississippi, …
Iroquois Southwest has hired Ed Budanauro as regional manager for New Mexico, Colorado and west Texas. Budanauro has more than 25 years of management and insurance consulting experience in the areas of sales management and agency operations. Prior to joining …
Five more insurance agencies have joined the Keystone Insurers Group in Kentucky, bringing to 11 the total number of KIG agencies in the state. The latest to join are Hayes-Utley-Hedgspeth, Moore Insurance, Cambridge Insurance, Wooten Insurance and Johnson-Pohlmann. These five …
K. Patrick Armstrong has joined the executive team at New York-based ReSource Pro as a business process consultant. Armstrong will work with insurance agencies, brokers, MGAs and carriers to implement insurance process outsourcing Patrick joins ReSource Pro with 20 years …
