California-based liability claims management company Carl Warren and Co. has selected Caryn Brenna Siebert as its new president and CEO, replacing retiring president, Roy George. Most recently, Siebert served as vice president and national director of claims operations with Safeco …
Sedgwick Claims Management Services, Inc. has announced the opening of Sedgwick CMS Canada Inc., in Mississauga, Ontario, a suburb of Toronto. It marks the first international location for the U.S. claims and productivity management services provider. “Sedgwick CMS has for …
The Property Casualty Insurers Association of America noted that members of the Pennsylvania Senate’s Judiciary Committee passed two bills on Tuesday that will allow the full Senate to debate reforms to the state’s medical liability system. The PCI called the …
The high trend of insurance rates experienced by hospital professionals and physicians over the past three years show no sign of slowing in 2004 as claims costs are increasing at a steady rate of 9.7 percent according to the Hospital …
Directors and officers (D&O) liability insurance premiums grew approximately 33 percent on average from 2002 to 2003, according to the Tillinghast business of Towers Perrin’s 2003 Directors & Officers Liability Survey. While employee lawsuits were significant for all types of …
Standard & Poor’s has lowered its counterparty credit rating on Illinois-based Horace Mann Educators Corp. to ‘BBB’ from ‘BBB+’. At the same time, Standard & Poor’s lowered its counterparty credit and financial strength ratings on Horace Mann Property and Casualty …
A.M. Best Co. has affirmed the financial strength ratings of A++ (Superior) of the property/casualty subsidiaries of The Chubb Corporation (Chubb). Concurrently, A.M. Best has affirmed the existing senior debt ratings of “aa-” of Chubb and Chubb Executive Risk Inc.; …
Deerfield, Ill.-based LewisCo Group, a national provider of specialized resources for disability, absence and productivity management for insurers and employers, announced that Jack Stone joined the company as regional vice president of business development. Stone brings with him more than …
Chattem, Inc., a marketer and manufacturer of branded consumer products, announced that Interstate Fire & Casualty Company (“Interstate”) has filed a motion to intervene as a party plaintiff in the previously disclosed lawsuit filed by Kemper Indemnity Insurance Company (“Kemper”) …
GEICO will reportedly begin hiring and training experienced claims examiners and telephone adjusters immediately in order to get ready to open a new Metairie, Louisiana claims facility in March. The new GEICO claims office will ultimately handle all of the …