January 29, 2018 by matray

The Cooperative of American Physicians, Inc. (CAP) announced the promotion of Daniel Cavanaugh to vice president of membership development following the retirement of William J. West (Bill) on February 15. West steps down from his role after more than two decades of successfully helping to foster membership growth, while Cavanaugh succeeds to… Continue reading...

January 23, 2018 by matray

ProAssurance Corp. announced that it has promoted Edward L. "Ned" Rand, Jr., to chief operating officer. In this newly created position Rand will be responsible for the day-to-day operations of ProAssurance, reporting directly to Stan Starnes, chairman and chief executive officer. Rand has served for 13 years as the chief… Continue reading...

January 15, 2018 by matray

ISMIE 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 by matray

The 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 by matray

CMIC 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 by matray

CMIC 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 by matray

On 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 by matray

On 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 by matray

The 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 by matray

CMIC 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...