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DeCotis Specialty Insurance Hires Jones as Director of Marketing

DeCotis Specialty Insurance has hired Robert Jones as director of Marketing. In this position, Jones is responsible for expanding awareness of the company’s services and value beyond its existing footprint in the New England and Mid-Atlantic regions. Jones brings more …

Chubb to Buy Additional Stake in China’s Huatai Insurance for $1.53B

Insurer Chubb Ltd said on Monday it will buy up to an additional 22.4% stake in Chinese insurer Huatai Insurance Group Co Ltd for 10.8 billion yuan ($1.53 billion), as it looks to bank on a rapidly growing sector in …

AM Best Withdraws Credit Ratings of Members of Wisconsin County Mutual Group

AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Ratings of “bbb” of Community Insurance Corporation and Wisconsin County Mutual Insurance Corp., both domiciled in Madison, Wisconsin. They are collectively referred to as …

Oklahoma AG to Appeal Judge’s Opioid Ruling in J&J Case

Oklahoma Attorney General Mike Hunter says he plans to appeal a judge’s order directing consumer products giant Johnson & Johnson to pay the state $465 million to help address the state’s opioid crisis. Hunter said the judge’s final order only …

Pankotai Joins IMA in Dallas as Team Sr. VP, Director of Client Services

IMA Inc., a national insurance broker specializing in property/casualty insurance, employee benefits and surety bonds, has added Donna Pankotai in its Dallas office as team senior vice president and director of Client Services within its property/casualty division. With more than …

Texas-Based Sales and Marketing Company to Settle Disability Lawsuit for $2.65M

A Plano, Texas-based international sales and marketing company that provides food demonstrators to major American retailers and warehouse stores, will pay $2.65 million and furnish other relief to settle a federal disability discrimination lawsuit. The U.S. Equal Employment Opportunity Commission …

PURE Group Names Hourihan from AIG’s Private Client Group as Chief Growth Officer

The PURE Group of Insurance Companies, which includes Privilege Underwriters Reciprocal Exchange (PURE), the policyholder-owned property and casualty insurer designed for high-net-worth individuals and families, has appointed Jerry Hourihan as senior vice president and chief growth officer. Hourihan will be …

Brightway Insurance Promotes Spendley to VP of Accounting Operations

Brightway Insurance, an insurance retailer and personal lines insurance agency, has promoted Jess Spendley to vice president of Accounting Operations. In this role, Spendley joins the executive team of the franchiser. Spendley started at Brightway as an Accounting intern while …

More Than $270K in Fines Issued Against Firms in Massachusetts, Pennsylvania

Investigations by the Connecticut Department of Labor’s Wage and Workplace Standards Division into complaints of workers being improperly employed at a large poultry plant in Bozrah has led to fines of more than $270,000 and hundreds of violations against the …

Study Says Medical Payments Per Workers’ Comp Claim Decreased in North Carolina

Medical payments per claim in North Carolina decreased five to seven percent per year since 2014, according to a recent study by the Workers Compensation Research Institute (WCRI). These decreases likely reflect fee schedule changes for hospitals and ambulatory surgery …