The Doctors Company, a physician-owned medical malpractice insurer, is now offering coverage on an admitted basis to New York healthcare providers. The New York Department of Financial Services’ recent approval of the company’s manual rate and secondary filings officially confirmed the company’s expanded presence. The Doctors Company offers a variety of benefits to New York […]

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Article Comments A.I.M. Mutual has hired Kim Walker and Brendan Carr to its injury prevention consulting team in New Hampshire. Both Walker and Carr have worked extensively in the loss control and safety fields, most recently for The Lawson Group in Concord, N.H. Walker has more than 20 years of risk management and health and […]

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Article Comments NSM Insurance Group, a Conshohocken, Penn.-based program administrator of niche industry-specific insurance programs, has hired Grant Heckler as executive director of marketing. Heckler will be responsible for leading the marketing efforts across all business units. Heckler comes to NSM with expertise in e-commerce and interactive marketing. Prior to joining NSM, he worked for […]

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Guy Carpenter & Co., the reinsurance brokerage subsidiary of Marsh & McLennan Cos., has appointed Claude Yoder as managing director and global chief innovation and product officer, effective Sept. 18. Yoder is based in New York and reports to Rob Bentley, managing director and head of Global Strategic Advisory. Yoder brings more than 25 years […]

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Banks, insurers, and other financial institutions must do more to take into account the risks posed by climate change to their business, a Dutch Central Bank study said. As global warming increases the risk of extreme weather events, regulators are giving more attention to its economic and market implications, with estimates showing that a single […]

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German firms with a presence in Britain should make provisions now for a “very hard Brexit,” Germany’s biggest industry group said on Thursday, because the government in London does not know what it wants. The Federation of German Industries (BDI) accused British Prime Minister Theresa May’s government of lacking a clear strategy on how to […]

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The ink on the “total loss” insurance paperwork, like the 2007 Range Rover itself, was still wet when Morgan Moran began trying to buy his vehicle back after Hurricane Matthew last year. The insurance adjuster had declared the vehicle ruined in a matter of seconds after noticing water in the spare-tire wheel well. After all, […]

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Japan’s biggest private-sector life insurer, Nippon Life Insurance Co., is in talks to buy a majority stake in the domestic unit of U.S.-based MassMutual Financial Group in an attempt to boost its bancassurance sales, two sources said. Bancassurance, in which insurers use partner banks’ branch networks for distribution, has a minor presence in Japan, the […]

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The Trump administration on Wednesday asked U.S. lawmakers to approve $29 billion in disaster relief funds to assist victims of recent hurricanes that hit Texas, Florida and Puerto Rico. The aid request includes $12.8 billion in new funds to help storm victims and $16 billion to defray debt in the federal government’s flood insurance program. […]

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