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Cost of firefighter worker’s-comp insurance is rising [Tribune-Review, Greensburg, Pa.]

August 30, 2012

Officials in Murrysville, Penn Township, Hempfield and North Huntingdon townships and Murrysville said they might have no choice but to sign up for coverage through the State Workers’ Insurance Fund at a significant increase from 2012 premiums because of a lack of private-insurer alternatives. The rates might double in Penn Township, Hempfield and…

Fitch Rates Heartland Regional Medical Center’s (MO) Series 2012 Revs ‘A+’; Outlook Stable

August 30, 2012

Fitch Ratings assigns an’ A+’ rating to the $50 million Missouri Health& Educational Facilities Authority revenue bonds, series 2012, issued on behalf of Heartland Regional Medical Center. In addition, Fitch affirms the’ A+’ rating on the following St. Joseph Industrial Development Authority bonds issued on behalf of HRMC:. *Bonds are insured by Ambac Assurance…

Heffernan Insurance Brokers Receives “Best Place to Work” Designation from Two California Business Journals

August 30, 2012

Walnut Creek, CA August 30, 2012. Heffernan Insurance Brokers, one of the largest full-service, independent insurance brokerage firms in the United States, recently was named one of the“ Best Places to Work” by the North Bay Business Journal and the Orange County Business Journal. Heffernan’ s Petaluma office received the distinction and will be honored during a…

Georgia agency Meybohm Scarborough joins Keystone Insurers Group

August 30, 2012

Meybohm Scarborough Insurance and Keystone Insurers Group today announced that the Augusta, Ga., landmark independent insurance agency has become Keystone’ s sixth Georgia partner. We decided that this is an opportunity to better serve our clients, to provide greater resources to our producers and to better assure the future of Meybohm Scarborough…

Sector Snap: Credit Suisse on health insurers

August 30, 2012

Giacobbe established “Outperform” ratings on Cigna Corp. and UnitedHealth Group Inc.. The analyst added Bloomfield, Conn.- based Cigna to the firm’s Focus List, removing UnitedHealth. In addition to “Outperform” ratings on Cigna and UnitedHealth shares, Giacobbe set “Neutral” ratings on shares of Aetna Inc., Centene Corp., Coventry Health Care Inc., Humana Inc.,…

IASA Congratulates 2012 Women in Insurance Leadership (WIL) Winner Beth Mercier of Travelers

August 30, 2012

DURHAM, N.C., Aug. 30, 2012– IASA, one of the insurance industry’s largest and most well-represented trade associations, is pleased to announce the selection of Beth Mercier of Travelers as the recipient of an Insurance Networking News’ Women in Insurance Leadership Award. Mercier is also the president-elect of IASA for the 2013-2014 year. “Beth is a part of a very…

Allianz Life Hires New Vice President Of Infrastructure

August 30, 2012

Allianz Life Insurance Company of North America named Tom Mundt as the new vice president of Infrastructure in the IT division. He will also serve as the key IT contact with the parent company, Allianz SE. In this role, Mundt will report to…

A.M. Best Affirms Ratings of MS Frontier Reinsurance Ltd.

August 30, 2012

A.M. Best Co. has affirmed the financial strength rating of A and issuer credit rating of“ a+” of MS Frontier Reinsurance Ltd. MS Frontier is a wholly owned subsidiary of Mitsui Sumitomo Insurance Company, Limited, and MSI is a subsidiary of MS&AD Insurance Group Holdings, Inc.. Exposure to losses from a non-rated Dublin- based subsidiary also is a risk concern.

The Insurance Gap: 24 Million UK Motorists Have Inadequate Insurance Cover Say ALA

August 30, 2012

Motorists in the UK have become used to increasing financial pressures in recent times, with ever increasing oil prices and regular hikes in road tax and insurance premiums. The“ insurance gap” problem can be summed up as follows:• In the event of a write off or theft, insurance companies will only pay out the current market value of the vehicle.• The market value of a…

Maiden Holdings to Present at the Keefe, Bruyette & Woods Insurance Conference on September 5, 2012

August 30, 2012

HAMILTON, Bermuda, Aug. 30, 2012– Maiden Holdings, Ltd. will participate in the Keefe, Bruyette& Woods 2012 Insurance Conference on Wednesday, September 5, 2012 in New York City. Maiden Holdings, Ltd. is a Bermuda- based holding company formed in 2007. Through its subsidiaries, which are each A- rated by A.M. Best, the Company is focused on providing non-catastrophic,…

Prudential Group Insurance and Canine Companions for Independence Forge Strategic Partnership

August 30, 2012

Prudential Group Insurance, a business of Prudential Financial, Inc., will enter into a sponsorship with Canine Companions for Independence further expanding the company’ s commitment to the disability community. “Prudential and Canine Companions share an optimistic disability philosophy and a common mission in promoting increased independence for…

San Benito superintendent investigates insurance e-mails [Valley Morning Star, Harlingen, Texas]

August 30, 2012

Aug. 30– SAN BENITO– Superintendent Antonio Limon said Wednesday that he is conducting an internal investigation that focuses on an exchange of emails about the district’s insurance carrier. On May 16, a district memo stated that school board President Yliana Rodriguez announced that Robert Champion Jr. and the Salazar Insurance Group would handle the school…

Common Crop Insurance Regulations; Peach Crop Insurance Provisions

August 30, 2012

SUMMARY: The Federal Crop Insurance Corporation finalizes the Common Crop Insurance Regulations, Peach Crop Insurance Provisions. FOR FURTHER INFORMATION CONTACT: Tim Hoffmann, Director, Product Administration and Standards Division, Risk Management Agency, United States Department of Agriculture, Beacon Facility, Stop 0812, Room 421, P.O.

Modification to a Previous Presolicitation Notice – R– Sources Sought Notice- Technical Quality Assuarance and Statistical Support

August 30, 2012

Office Address: Environmental Protection Agency; Office of Acquisition Management; EPA/ Ohio; CPODUS 26 West Martin Luther King DriveMail Code: NWDCincinnatiOH45268USA. The United States Environmental Protection Agency seeks a contractor to provide technical quality assurance and statistical support to the National Risk Management Research…

Branding Bail Bonds: The ExpertBail Network Turns Two

August 30, 2012

Two years ago no one could have imagined a true national brand in the bail bond industry… at least no one except the team at the ExpertBail Network.“ When we launched the ExpertBail brand in 2010, we did it in response to the needs of consumers,” says ExpertBail’ s Chief Marketing Officer and Outreach Director, Eric Granof.“ Consumers told us that they didn’ t understand…

Should You Sign a Liability Waiver This Holiday Weekend? Alex Brown, from Silverman, Thompson, Slutkin & White, Explains

August 30, 2012

Mr. Brown, a partner with the firm, has extensive experience representing clients in both the private and public sector. Mr. Brown has represented insurance policyholders, insurers, Risk Retention Groups and insurance professionals in complex insurance litigation and transactional insurance matters. In April 2010, Florida passed a law restoring the right of…

Mother of Ten Pursues New Future at Eastern Michigan University

August 30, 2012

Eastern Michigan University issued the following news release:. She enrolled at Monroe Community College and planned to eventually transfer to a university. Three decades later, Eby, who is back in school pursuing her bachelor’s degree from Eastern Michigan University, has won the Ken Peterson Award from Foresters, a life insurance company based out of…

Austrian insurance company VIG increased profit in the Czech Republic to EUR 93 mil in 1H 2012 [Access Czech Republic Business Bulletin]

August 30, 2012

Vienna Insurance Group, an insurance group, increased profit in the Czech Republic by about 2% to EUR 93 mil, CEK 2.3 bil, in 1 H 2012 compared to 1 H 2011. Written premium of VIG in the Czech Republic was around EUR 928 mil in 1 H 2012. VIG has more than 30% share at the Czech insurance market, where it is represented by the insurance companies Kooperativa, Ceska…

Carfax Assigned Patent

August 30, 2012

ALEXANDRIA, Va., Aug. 30– Carfax, Centerville, Va., has been assigned a patent developed by five co-inventors for a “system and method for insurance underwriting and rating.” The co-inventors are Richard Raines, Arlington, Va., Eric Nesson, Falls Church, Va., David Lackey, Centreville, Va., Travis Fritts, Columbia, Mo., and Ian Bush, Round Hill, Va.. Written by Satyaban Rath; edited by…

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