A.M. Best Co. has downgraded the financial strength rating to A- (Excellent) from A (Excellent) of Horace Mann Educators Corporation’s (Springfield, Ill.) insurance operating subsidiaries. Concurrently, A.M. Best has downgraded the debt ratings to “bbb-” from “bbb+” on Horace Mann …
Insurance Services Office, Inc. (ISO) is enhancing its ClaimDirectorSM claims-scoring service to score workers compensation claims — at first notice of loss and throughout the life of the claim. ISO’s ClaimDirector, which already scores personal auto liability claims, is a …
Neenah, Wis.-based Jewelers Mutual Insurance Co. has hired Jeff Mills as vice president of claims. A 12-year veteran in claim management, Mills will lead Jewelers Mutual’s claims team following a career in claims at Westfield Insurance Cos. in Westfield Center, …
Chattem, Inc., a marketer and manufacturer of branded consumer products, announced that Kemper Indemnity Insurance Company (“Kemper”) has filed a lawsuit against the company in federal court in Chattanooga, Tenn., seeking to rescind the excess product liability insurance policy issued …
As the legislative session continues to roll forward in Oregon, Senate bills that would unfairly expand environmental insurance coverage and restrict insurers’ use of credit information are stirring controversy, according to the National Association of Independent Insurers (NAII). NAII is …
ClaimIQ (www.ClaimIQ.com), a San Francisco-based provider of decision support solutions for Property/Casualty carriers, announced the Version 2.0 release of InjuryIQ(TM), LiabilityIQ(TM), and VerityIQ(TM). ClaimIQ’s integrated claim-handling platform helps insurance companies control costs by improving the discipline, consistency and effectiveness of …
Insurance Services Office, Inc. (ISO) has introduced ClaimDirectorSM — a fraud-fighting resource that analyzes claim attributes and industrywide claims histories to produce a claims-handling score. The new resource from the ISO ClaimSearch’ suite of claims-information products will streamline the claims-handling …
Louisiana Commissioner of Insurance Robert Wooley announced that a Lafayette insurance agent was served a cease and desist order and his insurance license was suspended for allegedly misappropriating insurance premiums while selling bogus insurance coverage on Ultralight aircraft for an …
Allied North America announced the following appointments to its Fremont. Calif.-based office. Lynne O’Connell has been promoted to senior vice president of Insurance and a member of Allied’s management team. O’Connell has over 20 years experience in both insurance company …
A sound claims handling process is key to minimizing risks in the Employment Practices Liability (EPL) insurance market, according to a panel of experts at the recent 2003 PLUS Employers Professional Liability Symposium. The panel, which featured insurer, attorney and …