Berkshire Hathaway Specialty Insurance Announces Healthcare Professional Liability Leadership Appointments

July 15, 2026 by matray

Berkshire Hathaway Specialty Insurance has promoted two executives within its Healthcare Professional Liability business as the insurer continues to expand its healthcare underwriting operations in the United States.

Effective immediately, Jarek Chmielowski has been named healthcare institutions portfolio manager, while Greg Struhar has been promoted to national underwriting manager for healthcare institutions, reporting to Chmielowski, the company announced Wednesday.

In his new role, Chmielowski will oversee portfolio strategy, underwriting performance and market expansion for BHSI's healthcare institutions business nationwide. Struhar will lead national underwriting execution, working with underwriting teams across the country to provide healthcare professional liability coverage and services to customers and brokers.

"Jarek and Greg are leaders who have each played an important role in the growth and success of our Healthcare business," Leo Carroll, head of U.S. Healthcare at BHSI, said in a statement. He said Chmielowski brings "exceptional underwriting expertise, strategic vision and market perspective," while Struhar's healthcare experience and leadership make him well suited for his new role.

BHSI's U.S. healthcare professional liability business provides coverage for hospitals and health systems, physician groups, long-term care facilities, managed care organizations, allied healthcare providers, life sciences companies and other healthcare organizations.

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AM Best Affirms Credit Ratings of MedPro Group’s Members

July 15, 2026 by matray

AM Best has affirmed the financial strength and issuer credit ratings of MedPro Group and its affiliated insurers, citing the medical professional liability insurer's strong capitalization, consistent underwriting profitability and support from its parent, Berkshire Hathaway.

The rating agency affirmed the Financial Strength Rating of A++ (Superior) and the Long-Term Issuer Credit Ratings of "aa+" (Superior) for The Medical Protective Company and its affiliates, including Princeton Insurance Company, PLICO, Inc., Wellfleet Insurance Company and Wellfleet New York Insurance Company. The ratings also apply to reinsured affiliates MedPro RRG Risk Retention Group and AttPro RRG Reciprocal Risk Retention Group. The outlook for all ratings remains stable.

AM Best said the ratings reflect MedPro's "strongest" balance sheet strength, strong operating performance, favorable business profile and appropriate enterprise risk management.

The rating agency said MedPro maintains risk-adjusted capitalization at the strongest level as measured by Best's Capital Adequacy Ratio and has demonstrated an ability to underwrite profitably through varying medical professional liability insurance market cycles. AM Best also cited the group's extensive distribution network, claims-handling philosophy and enterprise risk management practices.

According to the agency, MedPro has consistently outperformed its peers through strong returns on equity, favorable operating ratios and sustained underwriting profitability. The ratings also benefit from financial support provided by National Indemnity Company and ultimate parent Berkshire Hathaway Inc., including affiliated reinsurance and investment management expertise.

AM Best said the ratings also reflect challenges facing the medical professional liability sector, including intense price competition, the erosion of tort reforms in some states, rising loss costs, regulatory uncertainty and ongoing consolidation among insurers and healthcare providers.

The agency also noted MedPro's historically significant allocation to common stocks, which can expose the group to investment volatility during market downturns. However, it said the insurer has maintained the strongest level of risk-adjusted capitalization because of its low underwriting leverage, affiliated reinsurance support from National Indemnity and substantial capital position.

AM Best added that MedPro has reduced its equity exposure over the past two years by shifting more assets into cash and short-term investments, although the group continues to maintain a meaningful allocation to equities.

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Fitch Ratings Affirms ‘A’ Ratings, ‘Stable’ Outlook for The Doctors Company

July 8, 2026 by matray

Fitch Ratings has affirmed its “A” (Strong) Insurer Financial Strength ratings for The Doctors Company, part of TDC Group. The outlook of these ratings remains “Stable.”

Fitch cited The Doctors Company’s very strong capital position, stable underwriting performance, favorable loss reserve development, and conservative investment portfolio as key factors supporting the ratings. Fitch also stated that the company’s acquisition of ProAssurance Corporation is consistent with its long-term operating strategy and further strengthens its scale and position as a leading medical professional liability insurer. The Doctors Company has maintained a combined ratio below 100 percent for four consecutive years.

Fitch affirmed the Insurer Financial Strength ratings for the following:
  • The Doctors Company, an Interinsurance Exchange
  • The Doctors Company Risk Retention Group, a Reciprocal Exchange
  • TDC National Assurance Company
  • TDC Specialty Insurance Company

“The Fitch ratings reflect the financial strength, stability, and disciplined approach that have long defined The Doctors Company,” said Marco Vanderlaan, chief financial officer, The Doctors Company and TDC Group. “Our strong capital position and long-term financial strategy ensure we have the resources to protect our members today and well into the future as we advance, protect, and reward the practice of good medicine.”

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LAMMICO Named Top Workplace in Greater New Orleans for 2026

July 7, 2026 by matray

Medical professional liability insurer LAMMICO has been named the No. 1 Top Workplace among small employers in the Greater New Orleans area by NOLA.com/The Times-Picayune for 2026.

The company also received the publication's "Clued in Senior Management" special award, which recognizes organizations where employees believe senior leaders understand what is happening within the company.

The recognition marks the 12th consecutive year LAMMICO has been named a Top Workplace. The company also earned the No. 1 ranking in 2021, 2023 and 2025.

The awards are based on confidential employee feedback collected through a third-party survey that measures workplace experience across factors such as whether employees feel respected and supported, have opportunities for growth and are empowered to perform their jobs.

According to LAMMICO, the recognition reflects an engaged workforce and the company's efforts to foster a workplace culture focused on supporting employees as they serve healthcare professionals.

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CFC Appoints Adam Winslow as Group CEO

July 7, 2026 by matray

CFC Appoints Adam Winslow as Group CEO Specialist insurer CFC has appointed Adam Winslow as group chief executive officer, succeeding Louise O’Shea, who is stepping down after nearly six years in leadership roles at the company.

Winslow joins CFC from Direct Line Group, one of the United Kingdom’s largest personal lines insurers, where he served as group CEO.

The appointment comes as CFC seeks to accelerate its global growth strategy, expand its leadership in cyber insurance and increase the use of artificial intelligence across its operations. Winslow is expected to join the company this summer, subject to regulatory approval.

In the interim, Andy Holmes, CFC’s group capacity director and a 23-year veteran of the company, will serve as acting CEO.

O’Shea will remain a significant shareholder in the business after stepping down. She joined CFC as an independent nonexecutive director before becoming CEO and oversaw the development of the company’s senior leadership team, expansion of its global operating model, product innovation and financial growth.

John Howard, chairman of CFC, said Winslow’s appointment comes “at an exciting time for CFC as it looks to further accelerate global growth while unlocking the significant potential of AI across its operations.”

Howard added that Winslow brings more than 20 years of leadership experience and thanked O’Shea “for her significant contribution to CFC and the progress made under her leadership.”

Winslow said he was attracted by CFC’s business model, team and growth momentum.

“CFC is one of the genuine success stories of the specialty market — a business with a distinctive model, an exceptional team and real momentum,” he said. “I can’t wait to get started.”

O’Shea said it had been “an absolute privilege” to lead the company and expressed confidence in Winslow’s leadership.

“Adam is a great leader for CFC’s next phase of development and international expansion, and I wish him and the whole team every success for the future,” she said.

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Fidelis Partnership Launches Bermuda MGA Targeting U.S. SME Casualty Reinsurance

July 1, 2026 by matray

The Fidelis Partnership has launched a new managing general agent focused on U.S. small and medium-sized enterprise casualty reinsurance, expanding its Pine Walk MGA platform into another specialty underwriting segment.

Adroit Underwriting Ltd., based in Bermuda, will write U.S. SME casualty reinsurance across several lines, including medical malpractice, cyber liability, general liability, construction liability for architects and engineers, public entity, directors and officers and errors and omissions liability, and lawyers professional liability.

The company said underwriting capacity will be provided through The Fidelis Partnership's Syndicates 3123 and 2126, along with third-party carriers.

Adroit will be led by Chief Executive Officer and Chief Underwriting Officer Jeff Markowski, who most recently served as director of underwriting for North America at Peak Re and has more than 20 years of U.S. casualty treaty experience. Derrick Holmes will serve as chief financial officer and chief operating officer after holding finance and operational leadership roles at Peak Capital Ltd., including responsibility for agent operations and work in the insurance-linked securities market.

The launch brings the number of businesses established on the Pine Walk platform to 18. The Fidelis Partnership said Pine Walk provides underwriting, operational and regulatory support for specialist managing general agents.

Michael Davern, U.K. chief underwriting officer and group head of direct and facultative property and energy at The Fidelis Partnership, said the company is "pleased to welcome Adroit as its 18th business."

"Jeff and Derrick bring an outstanding track record and deep market knowledge that make them exceptionally well placed to give brokers a differentiated proposition, rooted in experience, underpinned by a data-driven approach and enhanced by access to TFP's broader platform to support cross-selling opportunities," Davern said.

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The Doctors Company Completes $1.3 Billion Acquisition of ProAssurance

June 26, 2026 by matray

The Doctors Company announced today that it has completed the acquisition of ProAssurance Corp. The combined company will protect more than 200,000 healthcare professionals and organizations nationwide with assets of $12 billion.

“We are building the most trusted and capable medical professional liability and specialty lines insurer in America,” said Richard E. Anderson, MD, FACP, chairman and chief executive officer of The Doctors Company and TDC Group. “This partnership brings together two mission-driven organizations that share a deep commitment to advocacy, exceptional service and long-term stability in a complex healthcare landscape. Together, we are better positioned than ever to deliver on our mission to advance, protect and reward the practice of good medicine.”

The Doctors Company acquired all outstanding shares of ProAssurance for $25 per share in cash, for a total value of approximately $1.3 billion. ProAssurance shareholders approved the transaction in June 2025. In connection with the closing of the acquisition, ProAssurance’s common stock will be deregistered with the Securities and Exchange Commission and delisted with NYSE. Public trading of ProAssurance securities has ceased.

ProAssurance will function as a wholly owned subsidiary of The Doctors Company while a review process is conducted to identify the optimal operating structure.

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LAMMICO Recognized as Top Legacy Business by New Orleans CityBusiness

June 18, 2026 by matray

Medical professional liability insurer LAMMICO has been named an “In the Lead: Best Legacy Business” for 2026 by New Orleans CityBusiness, recognizing the company's long-term growth, community involvement and ability to adapt to changing business conditions.

The award honors businesses that have operated successfully for at least 25 years while demonstrating resilience through shifting customer demands, technological advances and economic challenges.

According to CityBusiness, the award recognizes companies that have maintained sustained success and continued to influence the regional business landscape through innovation, leadership and service.

LAMMICO was selected for its growth in revenue and workforce, recognition as a top workplace, strong employee morale and ongoing community engagement efforts.

The insurer joins a group of Louisiana-based companies recognized for their longevity and contributions to the local economy. The award highlights businesses that have remained competitive while maintaining core organizational values and a commitment to serving their communities.

Founded in 1981, LAMMICO provides medical professional liability insurance and risk management services to healthcare providers. The company has expanded its operations over more than four decades while maintaining a focus on physician-owned governance and healthcare liability coverage.

The 2026 honorees will be recognized by New Orleans CityBusiness as part of its annual In the Lead awards program celebrating established businesses across the region.

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Coverys Elects Former ProAssurance Executive Michael Boguski to Board

June 17, 2026 by matray

Medical professional liability insurer Coverys has elected longtime insurance executive Michael L. Boguski to its board of directors, adding a veteran industry leader with extensive experience in underwriting, corporate governance and insurance mergers and acquisitions.

The company announced today that Boguski has joined the board of Medical Professional Mutual Insurance Co., the parent organization of Coverys.

Boguski brings nearly 40 years of insurance industry experience and more than 25 years of service on corporate boards. His background includes strategic and financial planning, capital management, underwriting operations and transaction oversight.

“We are thrilled to welcome Michael to our Board of Directors,” Coverys president and chief executive officer Joseph Murphy said. “Michael brings a wealth of insurance industry leadership experience and a distinguished track record in strategic planning, mergers and acquisitions, capital management, and public company governance. With more than 25 years of board experience and deep expertise across the commercial casualty market, he will provide valuable insight as Coverys continues to execute its long-term strategy and support the healthcare community.”

Boguski retired in December 2023 as president of the specialty property and casualty division at ProAssurance, where he oversaw strategy, operations and culture for the insurer’s professional and products liability businesses.

Before joining ProAssurance, he spent 17 years in public company leadership roles, including serving as chief executive officer of Eastern Insurance Holdings Inc. and president of Eastern Alliance Insurance Group. During his career, he managed approximately $800 million in insurance-related transactions, including public offerings, private equity financings and mergers and acquisitions.

His board experience includes service on the boards of Eastern Insurance Holdings, Eastern Alliance Insurance Group, several ProAssurance operating subsidiaries, Podiatric Insurance Company of America, Medmarc and Lloyd’s Syndicate 1729. He also served as chairman of Eastern/Inova Re Ltd., a captive insurance operation.

“I am honored to join the Coverys Board of Directors,” Boguski said. “Coverys has earned a strong reputation for protecting healthcare providers and helping organizations navigate risk in an increasingly complex environment. I am excited to work with the board and executive leadership team to assist in building on the current operating momentum and contribute to the future success of the organization.”

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Wilson Elser Rehires Trial Attorney Sean Maraynes as Partner

June 16, 2026 by matray

National law firm Wilson Elser has rehired veteran trial attorney Sean Maraynes as a partner in its Medical Malpractice & Health Care Practice.

Maraynes, who previously served as of counsel with the firm before departing in 2019, returns after six years at a New York defense litigation firm. He joined Wilson Elser on June 15 and will be based in the firm's White Plains office, serving clients throughout the New York metropolitan area.

"Sean is a skilled trial attorney with a proven track record of success, and his extensive experience in defending high-exposure casualty matters will be a significant asset to our medical malpractice and healthcare clients," Lori Semlies, co-chair of Wilson Elser's Medical Malpractice & Health Care Practice, said in a statement.

Maraynes said Wilson Elser's reputation for representing businesses, hospitals and healthcare providers was a key factor in his decision to return.

His practice focuses on defending physicians, businesses and nonprofit organizations in medical malpractice and catastrophic injury litigation. He has served as lead counsel in more than 40 trials involving wrongful death, medical malpractice, nursing home negligence, premises liability, construction litigation and New York Labor Law claims.

Before joining private practice, Maraynes spent five years as an assistant district attorney in the Bronx County District Attorney's Office, where he prosecuted violent crimes including homicide cases.

Maraynes earned his law degree from Cardozo School of Law and a bachelor's degree in sociology and criminology/criminal justice from the University of Maryland.

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