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A.M. Best Affirms Ratings of Lonpac Insurance Bhd

October 11, 2012

A.M. Best Co. has affirmed the financial strength rating of A- and the issuer credit rating of“ a-” of Lonpac Insurance Bhd. While operating in two competitive markets, Lonpac has been able to gain market share in Malaysia and simultaneously maintain an overall favorable operating performance. The financial strength of Lonpac strengthened for fiscal year 2011,…

Sentry Insurance Launches Sentry Insight, A New Risk Management Information System

October 11, 2012

Companies across all industries look for every advantage to grow and strengthen their business, both top and bottom line. With the launch of Sentry Insight, Sentry Insurance provides an improved, customer-focused way for businesses to get claims information and insight they need to meet their increasingly complex goals. “Sentry Insight delivers on the…

Travelers May Not Have Medical Coverage for Athletic Competition, Says Squaremouth

October 11, 2012

As the summer months fade, cooler weather is enjoyed by many- particularly runners and cyclists. October and November are busy months for road races, prompting athletes to travel both domestically and internationally to participate in events. “While an athlete may not consider their sport to be particularly hazardous, an insurance company will consider those…

The Standard Expands Index Select Annuity Lineup

October 11, 2012

Standard Insurance Company is expanding the options for its Index Select Annuity, a single premium indexed deferred annuity, with the introduction of the ISA 10. With the highest interest rate cap offered by The Standard, the ISA is designed for individuals looking for an annuity to maximize their earnings potential while minimizing their risk.

Letters to the editor [Daily Record, The (Wooster, OH)]

October 11, 2012

He has been a champion for jobs in Ohio especially in the automobile industry. Sen. Brown has helped to insure that jobs come and stay in Ohio. Sen. Brown has worked so hard at keeping jobs in Ohio and for ensuring safe working conditions.

Vertafore, University of Washington Bothell Launch Technical Leadership Development Partnership

October 11, 2012

Vertafore, the leading provider of software that transforms the insurance industry, and the University of Washington Bothell School of Business today launched a new partnership to enhance technology expertise and leadership. “As one of the area’ s leading software companies we are committed to promoting from within and investing in our employees’…

Hooper Holmes Health and Wellness Introduces New Early Warning System to Ensure Biometric Screenings Start On Time

October 11, 2012

Hooper Holmes’ Health and Wellness division today introduced a new feature designed to engineer, manage and track the on-time performance of group health screenings. Hooper Holmes’ event managers track these sign-ins through a real-time web dashboard. “myCheck-In helps us assure that the hundreds of biometric screening events we manage for customers each…

A.G. Schneiderman Announces Conviction of Major Oxycodone Trafficker Based on Staten Island and Secures a Seven Year Prison Sentence

October 11, 2012

Mancusi, 27, supplied his drug-dealing operation by fraudulently claiming serious and permanent injuries related to motor vehicle accidents and applying for Social Security Disability Insurance, Medicaid, and Medicare benefits to unlawfully obtain prescription drugs, including oxycodone, alprazolam and fentanyl patches. Together with his…

AP Top News At 6:40 a.m. EDT

October 11, 2012

Analysis: High stakes for vice presidential debate AP IMPACT: Cartels flood US with cheap meth 10 Things to Know for Today Bioethics panel urges more gene privacy protection School helps traumatized Syrian kids heal Women’s home fighting insurance giant to stay put Romney seeks more assertive US policy on China Indicted Megaupload founder plans site…

Former CEO suing Yakima Valley Community Foundation [Yakima Herald-Republic, Wash.]

October 11, 2012

Oct. 11– YAKIMA, Wash.– John Colgan, former chief executive of the nonprofit Yakima Valley Community Foundation, is suing the organization, saying he was wrongfully terminated after he stood up to board members over what he considered a hostile work environment. The lawsuit, filed Wednesday by local attorney J.J. Sandlin, alleges that in the year and a half before…

Security Life of Denver Insurance Assigned Patent

October 11, 2012

ALEXANDRIA, Va., Oct. 11– Security Life of Denver Insurance, Malvern, Pa., has been assigned a patent developed by John McSwaney, Stuart, Fla., Anthony Ginsberg, Beverly Hills, Calif., and Ben Wolzenski, St. Louis, for “methods and systems for administering indexed life insurance.” The patent application was filed on May 21, 2008. Written by Satyaban Rath; edited by Hemanta…

Commerce Takes Action Against Oregon-Based ‘Embassy Of Heaven Church’ for Selling Phantom Auto Insurance Policies

October 11, 2012

Commerce Commissioner Mike Rothman recently announced the Minnesota Department of Commerce has taken action against the Oregon- based “Embassy of Heaven Church” and its leader Paul Revere for offering invalid auto insurance policies in Minnesota. The Department of Commerce has ordered “Embassy of Heaven Church” to cease and desist from acting and operating…

State Auto Financial Posts Estimate of 3rd Quarter Storm Activity Impact and Reserve Increase on Program Business [Professional Services Close – Up]

October 11, 2012

State Auto Financial Corp. announced its preliminary estimate of the impact of catastrophe losses on its third quarter results. STFC also announced that loss and loss expense reserves for prior periods will be increased between $19.0 million and $21.0 million on program business written by Risk Evaluation& Design, a subsidiary of State Automobile Mutual…

Crump Life Insurance Services Names James Cahill as a Sales Manager in the Northeast [Professional Services Close – Up]

October 11, 2012

Crump Life Insurance Services, an independent insurance wholesaler, announced it has added James Cahill, CLU, an industry veteran, to its brokerage office in Boston, Mass.. Jim is a Chartered Life Underwriter and a member of the Society of Financial Service professionals. Crump Life Insurance Services is an independent wholesale distributor of life insurance,…

CHBO Partnering with Travel Guard and PayPros [Travel & Leisure Close – Up]

October 11, 2012

Through its partnership with Travel Guard, a national travel insurance provider, CHBO noted, it enables its members to offer Accidental Rental Damage Insurance and Travel Insurance to their tenants. Tenants win because they don’t have to pay a costly security deposit if they opt for Accidental Rental Damage Insurance, and our CHBO members win because they…

Securian Financial: Minnesota Life Insurance Posts Research Results [Professional Services Close – Up]

October 11, 2012

Minnesota Life Group Insurance is represented in the small public sector employee market by Ochs, Inc., a benefits brokerage and consulting firm. It offers life and AD&D products underwritten by Minnesota Life and administered by Ochs, Inc.. “The Minnesota Life study shows there’s no one way to approach small public employers,” said Cambra Aasen, president of St….

ACE USA: Excess Casualty Unit Expands Catastrophe Management Coverage [Health & Beauty Close – Up]

October 11, 2012

ACE USA, the U.S.-based retail operations of the ACE Group, announced that it has expanded its catastrophe management insurance products with the introduction of the ACE Cat Management 2.5 endorsement by its ACE Excess Casualty Unit. According to a release, the endorsement is designed to supplement ACE’s already expansive Catastrophe Management…

Liberty Mutual Enhances Its Mobile App for New Moms [Health & Beauty Close – Up]

October 11, 2012

Liberty Mutual Insurance Group Benefits has extended the functionality of its MyLibertyMobile-application to make life easier for new moms. “We’ve harnessed technology so our customers’ employees can literally tap into their benefits in the hectic days following delivery,” notes Jean Scarrow, chief operating officer, Liberty Mutual Insurance Group…

Ross John Coeling [Gazette, The (CO)]

October 10, 2012

He was born on October 23, 1929 in Grand Rapids, Michigan and graduated with his Bachelor of Arts Degree in business, and continued in his studies to receive his Masters Degree in market research from Michigan University. He played in the Michigan Marching Band that went to the Rose Bowl in 1951, following Michigan’s famous 9-3 defeat of Ohio State in the “frozen”…

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