RIMS President Joseph Restoule has traveled far and wide in anticipation of this month's annual conference--recently returning from visits to Japan, Columbia and Bermuda--where he found that interest in enterprise risk management has "just taken off."
Dearborn, Mich.-based insurer Auto Club Insurance Association (ACIA) said it has acquired MEEMIC Insurance Company and its insurance agency affiliate MEEMIC Insurance Services Corp. Terms of the deal were not released, a company spokeswoman said.
Equitable subrogation has experienced increased activity over the past several years as casualty insurance companies work to recover money paid out for accidents that were not predominantly the fault of their clients.
In this economy, it's a good time to visit your government clients. As budgets are cut and operations rebuilt, the client you knew may look very different.
Marsh announced today that its captive management practice has been recognized by the State of Connecticut Insurance Department as the first firm eligible to provide captive management for captive insurance companies domiciled in the state.
Seattle-based insurance technology solutions provider Vertafore said it has reached a reseller agreement with RatchetSoft that will allow users of ImageRight to integrate the product with a variety of browsers. Terms of the deal were not released.
Facing increased paperwork, tighter insurance regulations and restrictions, and shrinking medical reimbursements, many doctors--especially primary care physicians--have given up their private practices and looked for alternatives.