Health Care D&O Rates Rise Over Obamacare Antitrust Concerns: Marsh December 16, 2013 Health care organizations paid significantly more for their directors and officers liability insurance in the third quarter of 2013 amid...
Former Insurance Company CEO Wants to Withdraw Guilty Plea December 15, 2013 A former insurance company chief executive wants to withdraw his guilty plea to bribing El Paso, Texas-area public officials, a...
HM Risk Appoints Young to Lead Construction Services Team December 15, 2013 HM Risk, a St. Louis, Mo.-based property/casualty insurance and employee benefits agency, has appointed Melinda Young as senior account executive....
Cost of North Texas Ice Storm Insured Damage Estimated at $30M December 15, 2013 Damage from this month’s North Texas ice storm has reached at least $30 million in residential insured losses, according to...
Illinois Gets $1M in Federal Grants After Tornadoes December 13, 2013 Gov. Pat Quinn’s office says federal aid for Illinois tornado victims has topped $1 million. The governor’s office says that...
Jimcor Agencies in New Jersey Appoints Brokerage Specialist December 13, 2013 Jimcor Agencies announced the appointment of Christopher Hudson to the position of brokerage specialist. Hudson brings more than 13 years...
N.J. Bill Requiring New Homes Be Equipped With Fire Suppression Systems Advances December 13, 2013 In New Jersey, legislation sponsored by state Sen. Donald Norcross (D-Camden/Gloucester) that would increase public safety by requiring that certain...
P/C Industry Supportive But Cautious on Federal Insurance Office Recommendations December 13, 2013 By Andrea Wells Insurers, agents, brokers and state regulators welcome modernization and improvements in the current regulation of insurance, but are not so...
Ascent Launches Medical Billings E&O Coverage for U.S. Healthcare Professionals December 13, 2013 Ascent Underwriting, the Managing General Agent (MGA) specialising in emerging risks, has launched a medical billings errors & omissions insurance...
Ratings Recap: Loudun Mutual, Hastings Mutual, Ellington Mutual, American Safety RRG December 13, 2013 A.M. Best Co. has upgraded the financial strength rating to ‘A’ (Excellent) from ‘A-‘ (Excellent) and the issuer credit rating...