January 13, 2020
byCoverys, a provider of medical professional liability insurance, announced the formal launch of Coverys European Holdings Limited (CEH), an agency platform and network that will invest in and collaborate with managing general agencies in Continental Europe and the United Kingdom (UK), specializing in the professional lines sector. CEH will be… Continue reading...
January 8, 2020
byCMIC Group announced that Michelle M. Ursini, previously the director of business development and marketing, has been promoted to the role of vice president of business development and marketing. Additionally, Garrett P. Cronin, previously the director of member services and underwriting, has been promoted to the role of vice president… Continue reading...
December 18, 2019
byThe Physicians Protector Plan (a division of B&B Protector Plans, Inc.) is now writing medical professional liability coverage for physicians in the state of Texas. Underwritten by Aspen American Insurance Co., the Physicians Protector Plan offers two unique insurance products designed specifically for today's physician practice. PracticePRO is a medical… Continue reading...
December 17, 2019
byAM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” of MLMIC Insurance Company (MLMIC) (New York, NY). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect MLMIC’s balance sheet strength, which AM Best categorizes… Continue reading...
December 10, 2019
byA.M. Best has placed under review with negative implications the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a” of the members of NORCAL Group (NORCAL). (See below for a detailed listing of the companies.) The under review status follows NORCAL’s third-quarter 2019 results, which… Continue reading...
December 10, 2019
byThe Board of Directors of ProAssurance Corp. declared a cash dividend of $0.31 per common share, payable on Jan. 14, 2020, to shareholders who own our stock as of Dec. 27, 2019. “The dividend declared today reflects our ongoing commitment to our customers and shareholders,” said Edward L. Rand, Jr.,… Continue reading...
December 5, 2019
byHub International Ltd. announced that it has acquired SilverStone Group. Terms of the transaction were not disclosed. With SilverStone, the company creates a new regional hub to be called Hub Great Plains, which will include and cover existing operations in Omaha, Neb.; Sioux Falls, S.D.; and St. Paul, Minn. Headquartered… Continue reading...
December 2, 2019
byThe ISMIE Mutual Insurance Company is pleased to announce the completion of a merger with the Southeast Michigan Physicians’ Insurance Company (SEMPIC) after receiving all required regulatory approvals. SEMPIC has been providing comprehensive medical professional liability insurance for Detroit Medical Center (DMC) physicians for more than 10 years with high-quality risk management… Continue reading...
November 26, 2019
byThe Cooperative of American Physicians, Inc. (CAP) today announced that the Mutual Protection Trust (MPT), the organization’s core product, has again earned an A+ (Superior) Rating with a Stable Outlook from A.M. Best Company, a global full-service credit rating agency dedicated to serving the financial and healthcare service industries. This… Continue reading...
November 20, 2019
byThe Doctors Company announced today the promotion of longtime company executive Marco Vanderlaan to chief financial officer (CFO) and chief risk officer. Vanderlaan has held a variety of senior leadership positions with The Doctors Company over 18 years. He most recently served as senior vice president, business assessment, a role… Continue reading...
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