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New Flood Insurance Rates Could Startle Some Jersey Shore Sandy Victims

July 16, 2013

The federal government has set the maximum flood insurance rate at an estimated $10,723 for a house in the high-risk AE flood zone, but many homeowners could pay much less — as little as $553 a year — if they elevate to the proper height…

Conference draws more than 1200 entrepreneurs [New Pittsburgh Courier (PA)]

July 16, 2013

For more than 40 years Black Enterprise Magazine has served as the guru of business magazines in the African-American community. Its lifestyle activities include one day events, the annual Golf and Tennis Challenge, the Women of Power Summit and the Entrepreneurs Conference and Expo. “I am so excited to kick off the 2013 Black Enterprise Entrepreneurs…

QBE North America names new Chief Financial Officer

July 16, 2013

Richard Dziadzio has been appointed Chief Financial Officer for QBE North America. “Richard brings a wealth of experience and we’re pleased to have him join our executive team,” said David Duclos, QBE North America Chief Executive Officer. From 1994 to 2012, Dziadzio held a number of high-ranking positions at AXA Group, including Chief Financial Officer, Senior…

John Hancock Financial Network Rebrands to Use “Signator Investors, Inc.” with Advisors

July 16, 2013

John Hancock Financial Network President, Brian Heapps, announced today his organization would market itself to advisors using its registered broker-dealer name, Signator Investors, Inc., as it seeks to reinforce its commitment to grow as an independent broker-dealer. Because Signator has offered its advisors the ability to brand using John Hancock…

Analysis: Brand Name Health Insurance Isn’t Always Better

July 16, 2013

A new analysis examines government star ratings and enrollee opinions on the performance of Medicare Advantage plans and finds a popular brand, AARP and its endorsed carrier, UnitedHealth, absent from among the high ratings tier…

ICOR Revised PR re ADS Test Program (00010676.DOCX;2)

July 16, 2013

SRG, Inc., a wholly owned subsidiary of I nterCore Energy, Inc., announced that a commercial insurance brokerage company in Canada that had commenced a small scale demonstration of the ADS (TM) System two months ago with trucking company clients has expanded the scope of the test program. The ADS (TM) System is believed to be the only unobtrusive alertness…

Allstate, American Football Coaches Association Announce Record 151 Nominees for College Football’s Top Community Service Award

July 16, 2013

Allstate Insurance Company and the American Football Coaches Association today announced 151 nominees for the 2013 Allstate AFCA Good Works Team ®, the most ever in the award’s 22- year history. The award recognizes a select group of college football players who have made a commitment to enriching the lives of others while contributing to the greater good…

HCI GROUP, INC. FILES (8-K) Disclosing Entry into a Material Definitive Agreement

July 16, 2013

We have secured our reinsurance program for the year June 1, 2013 through May 31, 2014 by entering into contracts with multiple private reinsurance companies and with the State Board of Administration of Florida, which administers the Florida Hurricane Catastrophe Fund. The private reinsurance companies include Renaissance Reinsurance Ltd., Amlin AG,…

FreightCar, union in benefits row [The Tribune-Democrat, Johnstown, Pa.]

July 16, 2013

July 16– JOHNSTOWN– FreightCar America and a union representing hundreds of its former Johnstown area retirees are suing each other in court over the fate of health care and life insurance benefits. The lawsuits, including a union suit filed listing five Greater Johnstown area residents as plaintiffs, were filed within days of one another in separate federal…

ValuePenguin Publishes New Directory and Guide of Car Insurance Agents

July 16, 2013

To better aid motorists looking to buy car insurance, ValuePenguin has created an extensive database of over 30,000 local auto insurance agents and brokers. This auto insurance directory is organized by state, city, and local level categories for users’ ease, and covers the fifty states and the District of Columbia. Three of the most populous states for auto…

Report by the President’s Working Group on Financial Markets on the Long-Term Availability and Affordability of Insurance for Terrorism Risk

July 16, 2013

The Secretary of the Treasury, or his designee, chairs the President’s Working Group. The Department of the Treasury issues this notice seeking public comment to assist the President’s Working Group in its report. L. 107-297, 116 Stat. 2322, 15 U.S.C. 6701 note.

Swiss Reinsurance Assigned Patent

July 16, 2013

ALEXANDRIA, Va., July 16– Swiss Reinsurance, Zurich, Switzerland, has been assigned a patent developed by five co-inventors for a “system and method for evaluating underwriting requirements.” The co-inventors are Nancy J. Hoffman, Churubusco, Ind., Brian N. Ivanovic, Fort Wayne, Ind., C. Allen Pinkham IV, Fort Wayne, Ind., Diana M. Stabler, Fort Wayne, Ind., and Edward J. Wright, Fort…

Billy Painter Joins Construction Practice of Alliant Insurance Services as Senior Vice President and Regional Director

July 16, 2013

Alliant Insurance Services, the nation’ s largest specialty insurance brokerage firm, has announced that Billy Painter has joined the company’ s Construction Services Group as Senior Vice President and Regional Director. Painter will be responsible for business development and delivering innovative risk management advice to contractors, developers and…

Connecticut Health Foundation First Local Investor to Award Access Health CT $125,000 to Support the Health Insurance Navigator Program

July 16, 2013

The Connecticut Health Foundation issued the following news release:. The Connecticut Health Foundation Board of Directors awarded Access Health CT, the state’s health insurance marketplace, a one-year $125,000 grant to support community based health insurance education and enrollment, with a focus on increasing coverage in communities of color.

Alliant Insurance Services Selects Todd Hagemeier to Lead Brokerage Company’s National Healthcare Group

July 16, 2013

Alliant Insurance Services, the nation’ s largest specialty insurance brokerage firm, has announced that Senior Vice President Todd Hagemeier has been promoted to Executive Vice President and Managing Director of Alliant Healthcare Solutions, the firm’ s national healthcare practice, and will oversee the strategic direction of the group’ s sales and…

July 25 Webinar: Three Experts to Identify Potential IT Issues That Could Arise with the Launch of Insurance Exchanges

July 16, 2013

Three experienced health reform systems experts will identify problems to fix amid the chaotic eligibility and billing scene at the launch of the exchanges in“ Flipping the Insurance Exchange Switch: Pitfalls to Guard Against in Insurers’ Eligibility and Billing IT Systems,” an upcoming July 25 webinar sponsored by health business information publisher…

Insurers Have Remained Financially Strong During Turbulent Economic Times; Are Well-Prepared to Pay Claims This Hurricane Season

July 16, 2013

The Insurance Information Institute issued the following news release:. The National Oceanic and Atmospheric Administration believes the 2013 hurricane season will be a busy one. Fortunately, insurers have the resources to cover the damages this year’s windstorms may cause to their policyholders, according to the Insurance Information Institute.

Business Briefs: Unum dividend up 11.5 percent [Chattanooga Times Free Press, Tenn.]

July 16, 2013

Locally owned yoga studio Beyoga will open this fall at Cambridge Square in Ooltewah, according to developer Barrier Properties LLC. BlueCross BlueShield of Tennessee said Monday it has hired an executive from Wellcare Health Plans in Florida to lead the company’s Medicare operations. Scott Dickler, an accountant and lawyer who previously led product…

Minnesota Health Plans Pile Up Big Reserves

July 16, 2013

After four straight years of profitable growth, Minnesota’s health plans have stockpiled a substantial surplus of cash reserves…

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