ISMIE Mutual Admitted in Texas
June 6, 2019
Today, the ISMIE Mutual Insurance Company announced that Texas insurance regulators have approved the company’s rate and forms filing. According to the company, growing its foothold in Texas is a significant step for the medical professional liability carrier’s national expansion. With this development, ISMIE is able to offer Texas physicians,… Continue reading...
The Hilb Group Acquires Keane Insurance Group
May 22, 2019
The Hilb Group, LLC, a middle-market insurance agency headquartered in Richmond, Va., and a portfolio company of the private equity firm Abry Partners, announced today the acquisition of Missouri-based The Keane Insurance Group, Inc. The transaction became effective May 1, 2019. Founded in 1995, The Keane Insurance Group is an… Continue reading...
Medical Mutual Holdings Inc. Rebrands to Curi
May 21, 2019
North Carolina-headquartered insurer of medical liability Medical Mutual Holdings, Inc., announced that it is rebranding to Curi, a new name and brand that is intended to better reflect the company’s mission to help physicians in medicine, business and life. According to the company, the Curi name captures the constant curiosity… Continue reading...
Oklahoma Supreme Court Overturns $350k Damage Cap
May 6, 2019
In a 5-3 opinion released on April 23, the Oklahoma Supreme Court ruled that the state’s $350,000 cap on recoverable non-economic damages is unconstitutional. According to the majority opinion in Beason v. I.E. Miller Services, Inc., the Court found the noneconomic damage cap to be an unconstitutional “special law” because… Continue reading...