IAT Appoints Senior VP for Claims IAT Insurance Group has appointed Heidi Bendick as senior vice president of claims operations. “Heidi has a winning mix of technical knowledge, industry experience and people skills,” stated Chief Claims Officer Trent Haas in …
Liability claims that involve nurses cost an average of $210,513 if a large indemnity payment is made, but even claims that are dropped, defeated or dismissed end up costing more than $20,000, according to a report released Monday by CNA …
James Shackleford paid $120,000 for a 65-foot sailboat in 2009, hoping to fix up the vessel and one day sail around the globe. That voyage never happened. Instead, the yacht that Shackleford christened Sea the World was struck by lightning. …
Massachusetts’ highest court on Monday rejected arguments that consent-to-settle clauses in professional malpractice insurance policies violate public policy. The Supreme Judicial Court sided with CNA subsidiary Continental Casualty Co. in an engineering malpractice lawsuit brought against homeowners Douglas and Kristen …
Valen Analytics Predicts Comp Risks with no Loss History Workers’ compensation carriers can now accurately score a policy even where there is no loss history on the account, according Valen Analytics, a data analytics and predictive modeling firm for the …
CNA Taps QBE Lawyer for General Counsel Post CNA has appointed Jose Ramon Gonzalez as executive vice president and general counsel. Gonzalez will serve as the principal counsel for the Chicago based carrier, responsible for legal affairs, compliance, regulatory and …
Assurant Names John Pawloski as Chief Compliance Officer Assurant, Inc., a global provider of risk management solutions, announced the appointment of John Pawloski to senior vice president, chief compliance officer. Reporting to Carey Roberts, Assurant’s chief legal officer, Pawloski will …
Ascot to Acquire Greyhawk Insurance Company Ascot US Holding Corporation announced the acquisition of Greyhawk Insurance Company, and its wholly owned subsidiary Greyhawk Specialty Insurance Company (“Greyhawk Specialty”). Greyhawk is a Colorado domiciled admitted lines insurer and has been in …
Lee Joins Integrated Financial Settlements as Chief Executive Officer Robert Lee has been selected as the new chief executive officer at Denver-based IFS, a holding company with several industry subsidiaries in the structured settlements and MSP compliance marketplaces. For the …
Grange Insurance Introduces 36-Month Policy Option for Businesses Ohio-based Grange Insurance launched a new 36-month commercial insurance package policy. The 36-month package policy gives commercial policyholders that qualify the opportunity to have consistent, stable rates, terms and conditions for 36 …