Business News: The Dentists Insurance Company, Worley Claims Service, Crawford & Co.

Dentists Benefits, Northwest Dentists Merge With The Dentists Insurance Company

Dentists Benefits Insurance Company (DBIC) and Northwest Dentists Insurance Company (NORDIC), acquired by The Dentists Insurance Company (TDIC) in February 2017, merged with, and into, their parent company, TDIC, effective Jan. 1, 2019, after final regulatory approval. The merger was approved by the California Department of Insurance (DOI), the Oregon Division of Financial Regulation (DFR) and the Washington State Office of the Insurance Commissioner (OIC).

As a result of the merger, DBIC and NORDIC are now united as one company operating as The Dentists Insurance Company. The name and logo have changed and policyholders can expect a smooth transition with no disruption to the service they have come to trust and rely upon.

TDIC focuses exclusively on supporting the dental profession by offering a comprehensive suite of professional insurance products to more than 24,000 dentists in 15 states. With this merger, TDIC now extends its exceptional legacy, brand values, financial strength and stability to over 5,000 additional policyholders in five states.

In addition to providing DBIC and NORDIC policyholders with the service and support they have come to expect, TDIC has been rated A (Excellent) by A.M. Best for 24 consecutive years.

Worley Claims Services Acquires Replacement Source of America

Worley Claims Services, LLC, a national provider of insurance claims services, announced the acquisition of Replacement Source of America, Inc., a contents services company founded in 1990 specializing in contents loss evaluation and pricing, contents replacement, salvage, and on-site field inventory services for the property insurance market. Financial terms of the transaction were not disclosed.

The transaction with ReSource is Worley’s seventh acquisition since 2015. In July 2015, Worley acquired Fishers, Indiana-based NCA Group, a provider of daily and catastrophe residential and commercial property claims services throughout the U.S. In October 2015, the company acquired Charlotte, North Carolina-based RJMW Claims Services, a regional provider of daily and catastrophe residential and commercial property claims services. In July 2016, Worley acquired San Jose, California-based Summit Independent Claim Services, which provides commercial/GA and residential property loss adjusting services. In August 2016, it acquired Orlando, Florida-based Nexxus Solutions Group, a national managed repair contractor and service provider network serving the property insurance industry in the U.S. and Canada. In June 2017, Worley acquired Massachusetts-based Apex Claims Services of New England, a regional provider of property claims services. Most recently in January 2018, Worley acquired Atlanta, Georgia-based Audit Services Inc., a national claim estimate writing and review supplier for the property and auto insurance markets.

Crawford Launches End-to-End Claims Management Solution for Transportation Clients

Atlanta-based Crawford & Company, a global independent provider of claims management solutions to insurance companies and self-insured entities, has launched a unique, industry-focused transportation solution. This comprehensive set of claims management services aims to help transportation clients limit risk, assist employees injured on the job, protect cargo, vehicles, and other assets and maintain business continuity.

Crawford’s transportation solution provides:

• 24/7 intake and onsite adjuster field response to incidents.
• Dedicated transportation incident manager – all aspects of a claim handled by a single point of contact
  Onsite coverage throughout North America.
• Dedicated, experienced claims adjusters coupled with the latest technology in paperless claims
  processing to streamline data and evidence capture, claim submission, analytics and settlement.
• Coordination of complementary services, such as towing, salvage, litigation management and
  environmental impact.
• Property damage and time element assessment via national group of adjusters and accountants
  controlling costs.
• Holistic workers’ compensation and return-to-work programs.