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11, 2015
Hub Northeast Hires Nguyen as New Business Development Associate
Hub International Northeast, a division of Hub International Limited, has hired Katie N. Nguyen as new business development associate focusing on sales initiatives for employee benefits, health insurance, disability, and life insurance. Nguyen will be based out of the firm’s …
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11, 2015
Florida AG Won’t Fight Medical Marijuana Measure
Florida Attorney General Pam Bondi, who loudly opposed a medical marijuana measure that appeared on the 2014 ballot, is staying on the sidelines this time around. Bondi said she is still opposes the effort to legalize medical marijuana, but the …
13
11, 2015
Arkansas Sets Workers’ Comp Benefits for 2016
The Arkansas Workers’ Compensation Commission has determined that the maximum weekly workers’ comp rates for 2016 for covered accidents will be $646 for total disability (TD) and $485 for permanent partial disability (PPD). For injury or death on and after …
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11, 2015
Everest Re Adds Inland Marine Unit to U.S. Specialty Platform
Everest Re Group, Ltd., has expanded its U.S. specialty insurance platform, Everest National Insurance Co., with the introduction of a new dedicated Inland Marine underwriting team. Everest National is pursuing a broad and comprehensive strategy in the implementation of its …
13
11, 2015
N.Y. Congressman Urges Investigation of State’s Handling of Health Republic
U.S. Rep. Chris Gibson (R-N.Y., 19th district) formally requested New York State Comptroller Thomas P. DiNapoli investigate the state Department of Financial Service’s oversight of the failed Health Republic insurance co-op. State and federal regulators decided to close Health Republic, …
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11, 2015
XL Catlin Expands Equipment Breakdown Insurance Team
XL Catlin’s North America Property business has expanded its North America underwriting team responsible for its monoline equipment breakdown insurance. XL Catlin’s Equipment Breakdown team’s new underwriting recruits include: Amanda Hernandez in San Francisco – Hernandez has more than a …
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11, 2015
Fraternity Files $25M Defamation Suit Against Rolling Stone
The fraternity that was the focus of a debunked Rolling Stone article about a gang rape filed a $25 million lawsuit against the magazine Monday, saying the piece made the frat and its members “the object of an avalanche of …
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11, 2015
The Competitive Advantage: Agency Prices
Agency prices are likely at all-time highs, albeit only a handful of very specific buyers are paying such high prices. They are setting the mark making acquisitions unaffordable for many regular agencies that do not have Wall Street money or …
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11, 2015
Insurance Women of Texas Members Earn National Alliance Scholarships
The National Alliance recently awarded six scholarships to members of the Federation of Insurance Women of Texas, Inc. (FIWT) at their 71st Annual Convention held in Corpus Christi, Texas. The CIC and CISR scholarships were awarded at a special recognition …
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11, 2015
Professional Casualty Association Enters Michigan Medical PL Market
Medical professional liability insurer, Professional Casualty Association (PCA), has been approved for operations by the Michigan Department of Insurance and Financial Services as a licensed and admitted carrier, effective Nov. 2, the company announced. The company’s products will be offered …