January 15, 2018
byISMIE Mutual Insurance Co. announced the promotion of Edward J. Carroll, JD, to vice president of underwriting. Carroll will oversee business underwriting for ISMIE and its subsidiaries. Carroll joined ISMIE Mutual in early 2017 when he was appointed as director of underwriting – new segments. He was brought on to… Continue reading...
January 3, 2018
byThe following is a statement — dated Dec. 18, 2017 — from Healthcare Providers Insurance Exchange (HPIX) regarding its liquidation: "In 2015, we determined it was in the best interests of our subscribers to voluntarily cease operations and begin an orderly run-off of the company's liabilities. Our plan to settle… Continue reading...
December 13, 2017
byCMIC Group announced today that its chief financial officer, Emmanuel (Manny) Zervos, will retire at the end of the year. He has served as CMIC’s CFO since 1989. “Manny has served CMIC Group for decades with unstinting grace and professionalism, in addition to good cheer,” said John Hornby, MD, chairman and… Continue reading...
December 7, 2017
byCMIC Group announced today that its chief executive officer, Denise Funk, will retire at the end of the year. Funk joined CMIC at the company’s onset in 1984, recruited by the Connecticut State Medical Society as a consultant for the newly formed mutual company founded by Connecticut physicians. She was… Continue reading...
December 5, 2017
byOn Dec. 4, Coverys announced the completion of the acquisition of R & Q Managing Agency Ltd. (RQMA). Under the terms of the agreement, RQMA, a fully authorized Lloyd’s managing agency based in London, will be renamed Coverys Managing Agency Limited. The agency currently manages Syndicates 1991, 3330 & 1110,… Continue reading...
December 5, 2017
byOn Dec. 1, Coverys finalized the acquisition of Global Insurance Management Company, Inc. (GIMC). GIMC and its insurance subsidiary, Healthcare Underwriters Group, Inc., provide medical professional liability insurance for physicians and healthcare providers in Florida, Indiana, Kentucky, Ohio and Texas. “Coverys is committed to expanding GIMC’s ability to offer superior… Continue reading...
November 30, 2017
byThe Cooperative of American Physicians, Inc. (CAP) announced that it has promoted vice president Ann Whitehead, RN, JD, to lead its Risk Management & Patient Safety Department. In a concurrent announcement, the organization made known that Kimberly L. Danebrock, JD, BSN, RN, CPPS, has been promoted to director of risk management for… Continue reading...
November 20, 2017
byCMIC Group, a member-owned medical professional liability insurance provider, recently appointed CMIC board member Paul Darcy, MD, as chairman of the Underwriting Committee. “Dr. Darcy is a highly skilled, experienced and well-respected physician whose attributes will benefit not only the Underwriting Committee but the company as a whole,” said Denise… Continue reading...
November 14, 2017
byAlera Group — an Illinois-based specialists in employee benefits, property and casualty, risk management and wealth management — acquired Flagship Healthcare, a physician-owned insurance brokerage specializing in professional liability insurance solutions for healthcare providers. The acquisition was effective Nov 1, 2017. Flagship Healthcare will join Alera Group through local firm GCG Financial in… Continue reading...
November 10, 2017
byCMIC Group announced that Edmund Schiavoni, MD, has been elected president of the CMIC Risk Retention Group Board of Directors. “Dr. Schiavoni brings a wealth of knowledge and leadership experience to his new role on the CMIC RRG Board of Directors,” said Denise Funk, CMIC Group chief executive officer. “His… Continue reading...