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Algona, IA – Pharmacists Mutual Insurance Company today announced the appointment of Matthew Mosher, former President and CEO of AM Best Rating Services, Inc., to its Board of Directors. Mosher brings decades of leadership experience and deep industry understanding that will be instrumental in guiding Pharmacists Mutual’s continued growth and strategic direction.
Pharmacists Mutual Is Here to Help – Before, During, and After a Loss
As you likely know, the Food & Drug Administration (“FDA”) has recently determined the shortage of semaglutide injection products has resolved. The drug manufacturers have advised the FDA that their product availability and manufacturing capacity can meet the present and projected national demand. Pursuant to this determination, the FDA has announced that state-licensed pharmacies compounding under section 503A must cease compounding, distributing, and/or dispensing semaglutide injection products that are essentially a copy of an FDA-approved product by April 22, 2025.
The Arkansas Insurance Department issued Bulletin No. 06-2025 in response to the recent severe storms taking place in Baxter, Chicot, Clark, Fulton, Greene, Hempstead, Hot Spring, Independence, Izard, Jackson, Lawrence, Nevada, Phillips, Randolph, Sharp, Stone, White, and Woodruff counties. Please see the links below. The Department has issued a 60-day moratorium on the cancellation and non-renewal of policies for the non-payment of premiums. This shall apply to all policies issued which cover risks in the above-mentioned counties.
Pharmacists Mutual strives to provide peace of mind. If you need our help after the storm passes, rest assured we are here for you. Here is information on the storm and tips to help you prepare.
Pharmacists Mutual Insurance Company proudly announces the recipients of its 2025 Pharmacists Mutual Community Pharmacy Scholarship. This prestigious award recognizes outstanding pharmacy students who are interested in serving in independent or small-chain community pharmacies as well as those students planning to work in underserved geographic areas.
The Michigan Pharmacists Association (MPA) has officially named Pharmacists Mutual Insurance Group (PMIG) as its endorsed insurance carrier for members. This strategic partnership brings MPA members access to a wide range of insurance solutions tailored to the unique needs of pharmacy businesses and backed by PMIG’s 115 years of experience and commitment to pharmacy professionals.
PMC Advantage Insurance Services, Inc. (PMCA), a wholly-owned subsidiary of Pharmacists Mutual Insurance Company, has closed an asset purchase transaction with Lansing, Michigan-based PSI Insurance Agency (PSIA), resulting in the sale of all renewal rights to PMCA by PSIA. The transaction is expected to result in over two million dollars in new business opportunities for PMCA over the next twelve months and afford other transformative growth opportunities for the Pharmacist Mutual group of companies. As part of the transaction, all PSIA employees will also be joining PMCA effective January 1, 2025.
While you’ve probably already considered how to make your pharmacy or retail location less attractive to burglars — by strengthening your windows, optimizing your alarms and cameras, and adding more external lighting, for example — you may be overlooking a key vulnerability in your physical security system: your building’s back door.
The Highway Loss Data Institute reports collisions with animals are more than twice as frequent as the yearly average during November when big bucks are searching for a mate.1 Often, they wander onto streets and highways in search of food, water, and shelter, either alone or in groups.