The IIA is also extending the deadline to December 31, 2012 for some North American CRMA candidates to submit documentation of applicable professional experience in substitution of taking the exam. “It’ s essential that internal auditors and risk management professionals have a thorough understanding of best practices in risk management so they can…
Newswires
Fire destroys two buildings on North Elm St. in downtown Lumberton [The Fayetteville Observer, N.C.]
Oct. 10– LUMBERTON– A fire Wednesday morning gutted a building and damaged several others in the heart of Lumberton’s historic downtown business district. The fire was reported around 7 a.m. on the 300 block of North Elm Street two doors down from Washington’s Mens Store, according to Lumberton Fire Chief Paul Ivey. Around 10:30 a.m. the fire department knocked…
Highmark, the state’s largest health insurer, will hold a meeting at 6:30 p.m. at the Doubletree hotel in Green Tree, according to a memo to West Penn Allegheny’s medical staff from Dr. “The meeting is designed to provide up to date information relative to Highmark’s ongoing plans for the integrated delivery system,” the memo states. A Highmark spokesman couldn’t…
ACE USA, the U.S.-based retail operations of the ACE Group, today announced the appointment of Mitchell Schmidt as Senior Vice President and Regional Executive Officer for ACE USA’ s Northeast Region. Mr. Schmidt will report to Ed Zaccaria, Division President, ACE USA Regional Operations. “Expanding our market presence and delivering ACE’ s broad spectrum of…
New features enhance integration with agency management systems including Applied Systems’ TAM, streamline usability for surety bond processing WESTBROOK, ME…
LifeMap currently serves customers in Oregon, Washington, Utah and Idaho with a complete portfolio of ancillary benefit plans that include life, disability, vision, dental, accident, critical illness and short term medical coverage. However, given the group’s renewed success in sales with a new brand and mission, and the addition of several key leaders, LifeMap…
State insurance regulators have ordered the Oregon- based Embassy of Heaven Church and its leader Paul Revere to stop making misrepresentations related to insurance in Minnesota, saying a type of auto insurance it promotes through Mutual Assurance is bogus…
Individual Assurance Company and The Plateau Group, a Tennessee- based privately held insurance and financial services company, have entered into an agreement under which the two organizations have agreed to market and administer insurance and debt protection programs in the financial institutions markets they serve. Under the agreements, the majority…
EXTON, Pa., Oct. 10, 2012/ PRNewswire/– Matthew V. O’Malley, CPCU, ARe, CRIS is stepping up into a new role as Head of Environmental Underwriting Operations in XL Group plc’ s insurance operations, promoted from his recent role as Senior Vice President of Planning& Administration. Commenting on the appointment, Mr. Kaplan said: ” XL Group is one of the pioneering…
NEW YORK, Oct. 10, 2012– Brovada Technologies, a leader in the field of insurance agent-carrier connectivity solutions, is pleased to announce the U.S. launch and immediate availability of the company’s award-winning NexCenter agency upload software, as well as three strategic partnerships with prominent agency management system companies in the U.S.
That idea, common in the heyday of health maintenance organization health plans, has been out of vogue in Indiana for nearly 15 years. But WellPoint Inc., Indiana University Health Plans, Community Health Network and others are thinking about bringing it back. “Just as everybody else is, we’re looking at this as an opportunity,” said Jim Parker, a former WellPoint…
While WellPoint Inc. and its predecessors have a history of grooming new CEOs in-house, the next leader of the health insurance giant is likely to be an outsider, according to interviews with more than a half dozen former directors and officers of the company. That’s partly because Angela Braly’s five-year tenure leading the Indianapolis- based company was…
An annual golf tournament in Atlanta sponsored by QBE FIRST and the QBE Foundation has raised a record $165,000 this year to benefit the Autism Society of America. QBE values volunteerism, “says Phil Graiser, QBE FIRST employee and tournament chair.” The tournament is named for Jimmy Watts, a long-time QBE FIRST employee, golf enthusiast and parent of an adult…
LIVONIA, Mich., Oct. 10, 2012/ PRNewswire/– Today, H.E.A.T. hosted their annual Anniversary Breakfast to celebrate and honor those who have contributed to the fight against auto theft-related crimes over the last 27 years. United States Attorney Barbara McQuade keynoted the event at the GM Heritage Center in Sterling Heights before an audience of law enforcement…
Is Congress trying to over tax the self-employed? Since Congress failed to renew the Small Business Jobs and Credit Act of 2010, which permitted such deductions by the self-employed, there is now an additional tax on those self-employed professionals’ health insurance premiums. How this applies to you: There is now a bi-partisan bill introduced in Congress…
A Maryland woman pleaded guilty to bilking an insurance company out of $100,000 by falsely claiming her young son was hospitalized more than a dozen times. Shirley Owens was employed by a local State Farm Insurance agency when she purchased her own policy…
A.M. Best has downgraded Milli Re’ s ratings based on a full assessment of its capital position following large losses in 2011, which occurred as a result of catastrophic events, the ongoing poor performance of some local business lines, a change in reserving methodology and the fair value revaluation of its subsidiary, Anadolu Anonim Turk Sigorta Sirketi.
Nationwide Financial announced today it is integrating its alternative and fee-based annuity solutions into the company’ s traditional product offerings. “The growing success of the fee-based market and increased use of alternative investments has us broadening the distribution of our specialty product offerings,” said John Carter, president of…
Vertafore, the leading provider of software that transforms the insurance industry, today announced that award-winning Vertafore AMS360 ® insurance agency management system has reached 50,000 users through its addition of Brightway Insurance. “With 95 of the nation’ s top 100 insurance agencies being Vertafore customers, and 22 of them with more than 500…
