A.M. Best has downgraded the financial strength rating (FSR) to B++ (Good) from A- (Excellent) and the issuer credit ratings (ICR) to “bbb+” from “a-” of National Fire and Indemnity Exchange (NFIE) in St. Louis, Mo. The outlook for the FSR has been …
State insurance regulators are seeking public comment on requested health insurance policy rate changes. The Department of Insurance and Financial Services said that insurers’ proposed changes for individual rates in 2017 range from about 39 percent to about 6.7 percent. …
Gun-rights activists, some of them wearing camouflage and military-style gear and openly toting rifles and handguns, marched alongside the hundreds of people who flocked to downtown Dallas last week to protest police shootings of blacks. Their presence was part of …
According to new data released by CoreLogic, the 2016 hail season is already one of the most severe in Texas history, with year-to-date results reaching the nine-year average for U.S. hail storm damage. Estimated losses from hail events this year …
Ohio Insurance Institute President Dan Kelso is retiring and senior staffer Dean Fadel has been named the OII’s new president, the organization announced. The leadership transition will occur over the next several weeks. Fadel, formerly vice president of Government Relations, …
The Work Loss Data Institute (WLDI) has withdrawn its Official Disability Guidelines from the National Guideline Clearinghouse, a public resource for evidence-based clinical practice guidelines, operated by the U.S. Department of Health and Human Services. WDLI describes the ODG as …
The state says a packaging company in suburban Detroit is being fined nearly $250,000 for alleged worker safety violations. The Michigan Occupational Safety and Health Administration announced the fines for AJM Packaging’s plant in Southgate. MIOSHA’s General Industry Safety and …
A.M. Best has revised the outlook to stable from negative and affirmed the financial strength rating of B++ (Good) and the issuer credit rating of “bbb” of Southern Pioneer Property and Casualty Insurance Co. (Southern Pioneer) in Jonesboro, Ark. The …
SFM Mutual Insurance Co., a Midwest regional workers’ compensation insurer, has acquired Barrier Free Access, a Byron, Minn.-based provider of safe patient handling products, design consultation and training to medical facilities throughout the Upper Midwest. Through selling and training on …
Accident Fund Insurance Company of America has appointed Dean Holland to vice president of Claims. In this role, Holland is responsible for all claims and medical operations. Holland joined the company in 1987 as a claims examiner, and has worked in various …