Oklahoma’s new insurance commissioner plans to lay off six of the office’s nine fraud investigators. Commissioner John Doak says the cuts will save $323,000 per year and will enable the office to focus on fraud allegedly committed by insurance companies. …
Dallas-based MHBT, one of the largest privately owned insurance and risk management firms in the United States, recently announced that Ryan Bowles, Dan King, Jim Moss and Travis Sartain have been named partners in the agency. Bowles, Moss and Sartain …
Philadelphia Insurance Cos. (PHLY) has promoted John Glomb to chief underwriting officer. Glomb, a 15-year veteran of the insurance and financial services industry, most recently serving as senior vice president of underwriting. He joined PHLY in 2007 as senior vice …
A Montana workers’ compensation reform bill was put on hold Jan. 21, 2010, after its sponsor told a state House committee it would have to be heavily amended and suggested going with a “clean” version of the proposal in the …
Washington State Insurance Commissioner Mike Kreidler has ordered six subsidiaries of Chubb & Son to pay a $534,000 fine for violating state insurance laws. Federal Insurance Co., Pacific Indemnity Co., Great Northern Insurance Co., Executive Risk Indemnity Inc.; Vigilant Insurance …
The Association of California Insurance Companies (ACIC) and Property Casualty Insurers Association of America (PCIAA) announced that Mark Sektnan has been promoted to ACIC president. Following a distinguished career in the property/casualty industry Sam Sorich has announced his retirement. Sektnan …
The Des Moines River in Iowa is rising higher and more often, which means floods like those that swamped the city in 1993 and 2008 are more likely to occur again than experts had previously estimated, according to a study …
The Wisconsin Legislature has passed a bill that would make it more difficult to sue companies and collect damages. The Assembly passed the bill on a partisan 57-36 on Jan. 20, two days after it cleared the Senate also with …
Illinois lawmakers left two big pieces of unfinished business when they went home after voting to raise income taxes. One piece would make Illinois a less expensive place to do business, and the other would get billions of dollars into …
Great American Insurance Group, headquartered in Cincinnati, Ohio, announced that Michael G. “Mike” Liguzinski will succeed John W. Sullivan as divisional president, Specialty Human Services Division, upon Sullivan’s retirement in April 2011. Liguzinski joined Great American’s Specialty Human Services Division …
