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07, 2016
Ratings of Preferred Physicians Medical Risk Retention Group Upgraded
A.M. Best has upgraded the financial strength rating to A (Excellent) from A- (Excellent) and the issuer credit rating to “a” from “a-” of Preferred Physicians Medical Risk Retention Group Inc. (Preferred Physicians) in Kansas City, Mo. The outlook for each rating has …
14
07, 2016
XS Brokers Adds Jimcor’s Dudkiewicz as It Expands to Mid-Atlantic States
XS Brokers, one of the largest independent insurance wholesale brokerages in New England, is opening a new office in the greater Philadelphia area and has hired Alan Dudkiewicz to lead the firm’s efforts in the Pennsylvania-New Jersey-Delaware-New York region. Dudkiewicz …
14
07, 2016
Illinois Emergency Medical Service Provider Fined $290K for Workplace Hazards
Federal safety and health investigators have cited Altamont Ambulance Service Inc. in Fairview Heights, Ill., for workplace safety and health violations and find the company $290,100. The federal Occupational Safety and Health Administration said Altamont failed to follow specific guidelines …
14
07, 2016
Combined Agents of America Names Cross as CEO
Austin, Texas-based insurance agent network, Combined Agents of America LLC (CAA) has hired Peter Cross as its new chief executive officer. CAA has 53 independent agency members in Kansas, Texas, Oklahoma and Nebraska. Cross holds the CPCU, CIC and ARM designations, …
14
07, 2016
In Office Expansion, Oak Street Funding Moves to Indianapolis
Indiana-based Oak Street Funding a commercial lender to financial services business nationwide, is relocating its offices from Carmel to Indianapolis. The company said in its announcement that the move will accommodate recent and projected future growth. Oak Street Funding has …
14
07, 2016
At Least 2 Dead in Midwest Floods that Damaged Homes, Stranded Motorists
At least two people have died in flooding caused by powerful storms that damaged homes, washed out roads and stranded motorists in Wisconsin, Minnesota and Michigan. In northern Wisconsin, an 84-year-old Illinois man died when his vehicle became submerged in …
14
07, 2016
Arkansas Company Recalls 5,850 Pounds of Chicken Products
Arkansas-based Simmons Prepared Foods says it’s recalling 5,850 pounds of frozen chicken products that may have been breaded with flour contaminated with E. coli bacteria. Simmons says the frozen, uncooked chicken tenderloins were produced on Jan. 25 and sold in …
14
07, 2016
Vandals Cause $80K in Damage to Oklahoma Grain Elevator
Enid, Okla., police are asking for the public’s help to find whoever caused $80,000 in damage at an area grain company. KOCO-TV reports that someone went into a grain elevator through an unlocked door, opened 190 grain shoots and let …
14
07, 2016
Oklahoma Regulators Probing Oil, Gas Activity Near Site of New Quakes
Oklahoma’s oil-and-gas regulators are investigating a recent cluster of earthquakes recorded near Blanchard, about 30 miles south of downtown Oklahoma City, including three of magnitude 3.0 or higher. The Oklahoma Corporation Commission announced it is investigating all oil and gas …
14
07, 2016
Failing Illinois Health Insurance Co-Op to Be Shut Down
An Illinois health insurance co-op with 49,000 policyholders in the state has become the latest casualty among a dwindling group of nonprofit alternative insurers set up under the Affordable Care Act. Illinois regulators took steps on July 12 to shut …