In December 1997 ReliaStar Life Insurance Co. Our critical analysis will be provided in a subsequent post. This post briefly discusses the majority and dissenting opinions. and related outside attorneys’ fees, and shall jointly and equally bear with the other party the expenses of the third arbitrator.” ReliaStar Life Ins. The Court held that an arbitration panel was authorized to award under the bad faith exception to the American Rule attorney and arbitrator fees to a ceding company in a case where the parties had agreed that “ach party shall bear the expense of its own arbitrator. On April 9, 2009 the United States Court of Appeals for the Second Circuit decided a case that may significantly expand the power of arbitrators to award attorney and arbitrator fees in cases involving reinsurance and other contracts. EMCC is licensed in all 50 states and the District of Columbia. Today, operating under the trade name EMC Insurance Companies, the company provides property and casualty insurance products and services throughout the United States and writes reinsurance contracts worldwide. Employers Mutual Casualty Company (EMCC) was organized in 1911 to write workers’ compensation protection in Iowa. About EMC Insurance CompaniesĮMC Insurance Companies is among the top 60 property/casualty insurance organizations in the country based on net written premium, with more than 2,400 employees. She received a bachelor’s degree in law, politics and society, and a Juris Doctor degree from Drake University in Des Moines, Iowa. ![]() White joined EMC as a staff attorney in 2016. White provides legal services to the human resources department of EMC and will now also provide legal support to the general counsel of EMCNL. Maggie White, J.D., was named assistant corporate counsel at EMCNL, a position she will serve in alongside her role of associate general counsel with EMC. She holds a bachelor’s degree in advertising and art from Iowa State University in Ames, Iowa. Struck has been with EMC National Life Company for 20 years, most recently serving as operations manager. ![]() Michelle Struck, ALMI, ACS, was elected assistant vice president, corporate secretary and operations manager, responsible for maintaining corporate records and documents, general office management and serving as a human resources liaison. DeVries holds a bachelor’s degree in mathematics and physics from Wartburg College in Waverly, Iowa. He formerly held the role of assistant vice president, supervising actuary and has been with EMCNL for four years. Mark DeVries, FSA, MAAA, CERA, was elected vice president, chief financial officer, overseeing the financial and actuarial management of the company. He holds a bachelor’s degree in accounting from the University of Iowa in Iowa City, Iowa. Frazier joined EMC in 1997, and moved to EMCNL six years ago, most recently serving as chief operating officer, chief financial officer and treasurer. He will also continue his role as vice chairman of the EMC National Life Company Board of Directors. He holds a bachelor’s degree in mathematics from Iowa State University in Ames, Iowa.Ĭhris Frazier, CPA, ALMI, ACS, was elected president and chief operating officer where he will develop and lead the implementation of business strategies and policies for EMCNL’s growth. Jean joined EMC as an actuary in 1991 and served in multiple roles focused on finance and strategy before being named president and chief executive officer in 2020. Scott Jean, FCAS, MAAA, president and chief executive officer of EMC Insurance Companies (EMC), will assume the additional role of chairman and chief executive officer of EMCNL, providing leadership to the life insurance company and life affiliate of EMC. ![]() DES MOINES, Iowa - EMC National Life Company (EMCNL) has announced several officer elections and elevations:
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