Inc. News

People Moves

CNA Appoints Townsend Senior Vice President, Claim CNA appointed Joel Townsend senior vice president, Claim. He will report to David Perry, senior vice president, Specialty Claim. Most recently, Townsend served as senior vice president and Worldwide Specialty Claims manager at …

People on the Move

Assurant Names Mergelmeyer COO As part of its ongoing strategic realignment, Assurant, Inc. announced that Gene Mergelmeyer will be appointed to the role of chief operating officer, effective July 1, 2016. In his new role, he will be responsible for …

Business News

RLI Executive Products Group Creates New Cyber Liability Unit RLI Insurance Company and its Executive Products Group announced the creation of a new business unit to offer Cyber Liability Insurance. The Cyber Liability Insurance unit will offer protection for exposures …

Making Subrogation While the Hay Shines

Every year in North America insurers pay out tens of millions of claim dollars resulting from fires and feed damage caused by the spontaneous combustion and heating of hay mow – a pile of hay stored in or near a …

Insurer May Rescind Policy From Inception if Issued Based On False Answers to Insurance Application Questions

On July 6, 2015 the U.S. District Court for the Central District of California, based on California law, applied in the EPLI (employment practices liability insurance) setting the large body of statutory and case law holding that an insurer may …

Narcotics Dispensed by Doctors Linked to Poor Outcomes in Workers’ Comp Claims

A new study in the Journal of Occupational and Environmental Medicine reveals a negative impact on medical costs, indemnity costs and lost time from work on workers’ compensation claims when physicians, rather than pharmacies, dispense narcotic-related drugs to injured workers …

Arrowhead General Insurance Agency, Inc. Appoints Bill Farran as President of its Professional Liability Division

San Diego, Calif. (02/19/2014) – ARROWHEAD General Insurance Agency, Inc., one of the largest program administrators in the country, has appointed Bill Farran as president of the Professional Liability Division. Farran will be responsible for Arrowhead’s Architects and Engineers Professional …

York Acquires American Claims Services

New Jersey-based York Risk Services Group, a claims administration and risk management services provider, announced it has acquired the assets of American Claims Services Inc. (ACSI) based in Houston, Texas and Destrehan, La. Both John Bannon and Bill Johnson of …

Arkansas Nitric Acid Plant Explosion Claims Settled

LSB Industries, Inc., a manufacturing and marketing company, previously reported that it filed an insurance claim for losses and damages in connection with the May 15, 2012, explosion of a reactor in the 98 percent strength nitric acid plant at …

Global Aerospace and Calspan Announce Strategic Training Partnership

London-based Global Aerospace, Inc., an aerospace insurance provider, announced a new partnership with Calspan Corporation as part of the SM4 Safety program. Calspan and Global have designed a unique program to provide a comprehensive Upset Recovery Training course, which includes …