Medical Professional Liability Insurers’ Profits Decline But Outlook Stable: A.M. Best May 11, 2016 The specialty medical professional liability (MPL) insurance industry remained profitable in 2015, however its net income fell nearly 36.6 percent...
Agency Mergers Set Record with ‘Unstoppable Momentum’ in Q1: Optis May 11, 2016 Insurance agency mergers and acquisitions hit an all-time high for the first quarter of a year, with 109 reported transactions...
Obama Administration Calls for Stricter Building Codes May 11, 2016 By Angela Greiling Keane and Zachary Tracer President Barack Obama is asking the private sector to tighten building standards to reduce losses from natural disasters after studies...
Watercolor Management Adds Property Coverage for Water Treatment Companies May 11, 2016 Watercolor Management, an Alabama-based managing general underwriter, will open new property underwriting facilities for water treatment businesses through an agreement...
Anesthesia Business Consultants to Offer Professional Liability Coverage Through AJG May 10, 2016 Anesthesia Business Consultants (ABC), a provider of billing and practice management for anesthesia and pain management specialists, has created a...
Large, Mid-Sized Agencies Grew 5%, Maintained Strong Profit in Q1: Reagan May 10, 2016 Organic revenue growth at privately-held large and mid-sized insurance agencies bounced to 5.1 percent for the first quarter of 2016,...
Medical Liability Insurer NORCAL Mutual Names Stewart Chief Underwriter May 10, 2016 Andre Stewart has been named chief underwriting officer for NORCAL Mutual Insurance Co. Stewart joined NORCAL in 2015 as senior...
CNA Appoints Hallstrom to Lead Cyber Insurance Product Management May 10, 2016 Chicago-based insurer CNA has named David Hallstrom to assistant vice president and industry leader, Cyber Insurance. In this role, Hallstrom...
Insurer’s Hospital Claims Study Corroborates High Death Risk from Medical Errors May 10, 2016 Death claims are the most common hospital liability claims, according to an insurance company study released after researchers at Johns...
Comcast Settles Over Late Founder’s Insurance May 10, 2016 By Anders Melin and Gerry Smith Comcast Corp. paid $490 million this year to unwind obligations under life insurance policies tied to late founder Ralph Roberts...