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Aflac Appoints SVP of Broker Sales and Aflac Benefits Solutions [Professional Services Close – Up]

January 29, 2013

Aflac, a provider of voluntary and guaranteed-renewable insurance in the United States, announced that it has hired Drew J. Niziak, a 20- year veteran of the insurance industry, as its new SVP of Broker Sales and Aflac Benefits Solutions, a subsidiary of Aflac. ABS provides specialized services to the company’s most significant brokerage partners through an…

Aetna Proposes Individual Plans to Costco Members in California [Health & Beauty Close – Up]

January 29, 2013

Aetna is now offering individual health insurance plans to Costco members in California. In addition to California, Aetna said that the Costco Personal Health Insurance program is also available to Costco members in Arizona; Connecticut; Georgia; Illinois; Michigan; Nevada; Pennsylvania; Texas; and Virginia. According to John Conlon, Director of Insurance…

A.M. Best Places Ratings of Pacific Specialty Insurance Company and Its Subsidiary Under Review With Negative Implications [Professional Services Close – Up]

January 29, 2013

A.M. Best Co. has placed under review with negative implications the financial strength rating of A and issuer credit rating of “a” of both Pacific Specialty Insurance Company and its subsidiary, Pacific Specialty Property and Casualty Company. The under review status reflects A.M. Best’s uncertainty of Pacific Specialty’s control and future strategic…

BlackRock Introduces Managed Volatility VI Fund for Outcome- Oriented Investors [Professional Services Close – Up]

January 29, 2013

BlackRock, Inc. announced it is making available to insurance separate accounts, the BlackRock Managed Volatility VI Fund, which seeks to provide a unconstrained strategy for achieving total return across asset types and regions, and within sectors. MAPS is a 24- person team that focuses on using risk models to manage portfolio volatility and has experience…

SCOR Global Life Taps Francisco de Toledo Neto to Lead Brazil Operations [Health & Beauty Close – Up]

January 29, 2013

SCOR Global Life Americas said that Francisco de Toledo Neto has joined the company as President, SCOR Life Brazil. He comes to the company from the Chubb Group, where he served as Vice President of Chubb’s Life, Health& Accident division in Brazil. SCOR is committed to the life-health reinsurance market in Brazil.

WPS Health Insurance files notice of 451 layoffs in Monona, Madison and Wausau [The Wisconsin State Journal]

January 29, 2013

WPS filed notice with the state Monday that 451 employees in Monona, Madison and Wausau would likely lose their jobs starting March 29. That includes 250 people in Madison and Monona, and 201 in Wausau, where about 300 work now. In November, WPS CEO Mike Hamerlik told the State Journal that up to 600 employees could lose their jobs in 2013, mostly locally and in Wausau,…

Platinum Supplemental Insurance [Telegraph-Herald (Dubuque, IA)]

January 28, 2013

Location: 137 Main St. Employees: 75 What they do: Markets exclusive supplemental insurance products, offering custom-designed products that include cancer, heart attack and stroke, both long- and short-term care; and accident and disability insurance solutions. Employees’view: ” Platinum Supplemental Insurance Inc. is definitely a winning workplace.

Cottingham & Butler [Telegraph-Herald (Dubuque, IA)]

January 28, 2013

Location: 800 Main St. Employees: 430 What they do: The No. 40 largest insurance broker in the U.S. works with medium-sized businesses in 47 states across the country. The company advises business owners on property and casualty insurance and employee benefit insurance. WHY it’s A WINNING WORKPLACE.

POCKET RADIATION ; Report shows need for safety limits, based on biology, reality of wireless devices [Charleston Gazette, The (WV)]

January 28, 2013

In the United States, we assume that any device on the market today has been extensively safety tested and is safe. Even before the recent 2012 BioInitiative Report called radiofrequency radiation carcinogenic- including the microwave radiation from wireless devices- Lloyd’s of London and other insurance companies found the technology so risky that they…

S&P cuts its outlook for Highmark profits to negative [The Pittsburgh Tribune-Review]

January 28, 2013

S&P affirmed its “A” rating of Highmark, but dropped its outlook on the state’s largest health insurance company to negative, from stable on concerns that profit will drop. “The outlook revision reflects our expectation that Highmark’s operating earnings will weaken further in 2013 primarily because of concessionary pricing actions implemented during the…

Women-led insurer, Royal Neighbors of America, awards more than $100,000 to 71 women who change lives and transform communities

January 28, 2013

From a teenager’s dream to publish a magazine that builds the self-esteem of high school girls, to programs that combat bullying and shelter battered women, Royal Neighbors of America’s annual Nation of Neighbors SM Program is a nationwide initiative to empower women, fund dreams, and pay it forward. Teresa Babers, Rock Island, IL, was among the top recipients…

Fiduciary Watch Dogs give Securian Retirement High Rankings

January 28, 2013

Securian Retirement’ s process for selecting investment options for its qualified retirement plans received the CEFEX certification from the Centre for Fiduciary Excellence for the fifth consecutive year. Securian Retirement’ s qualified plan products are offered through a group variable annuity contract issued by Minnesota Life Insurance Company.

Nahai Insurance Services Offers Commercial Property Owners Cost-Saving Real Estate Insurance Tips & Education

January 28, 2013

Nahai Insurance Services, a full-service relationship-focused independent insurance brokerage and business consultancy, recognizes commercial property owners’ need to find the most affordable, yet reliable real estate insurance available. In efforts to help property owners meet that need, the California- based brokerage is offering some tips and…

Rich Likely To Pay Less For Car Insurance

January 28, 2013

Auto insurers frequently charged higher premiums to safe — though low- or moderate-income — drivers than they did higher-income drivers who recently caused an accident, according to a new study…

Teachers union regaining momentum [The Indianapolis Star]

January 28, 2013

Jan. 28– No doubt about it, the Indiana State Teachers Association came out of the statewide November elections with a big winner. One of its own, teacher and union activist Glenda Ritz, won election as superintendent of public instruction, upsetting Republican incumbent Tony Bennett to grab control of the state’s top education post. “The victory of Glenda Ritz……

America’s Health Insurance Plans (AHIP) – Webinar

January 28, 2013

PARTICIPANTS: Todd Perry, managing director and health analytics subject matter adviser at Accenture; and Leana Fowler, managing director and quality assurance director at Accenture.

A life insuring lives: Jim Kageleiry retiring after a lifetime in the life insurance business [Foster’s Daily Democrat, Dover, N.H.]

January 28, 2013

Jan. 28– DOVER– Every community should have a citizen like James Kageleiry. Some 62 years ago Kageleiry opened his office in Dover, made himself a good business and served his community. Kageleiry, born in his beloved Dover has been a mainstay in many organizations throughout those years.

2013 Data Privacy, Information Security and Cyber Insurance Trends Report

January 28, 2013

James Crowther– Financial Lines Senior Underwriter, DUAL Australia Pty Ltd. Shaun Dakin– Founder, Privacy Camp/ CEO, Dakin& Associates. Charles Kellenbach– General Counsel and Chief Legal Officer, Heartland Payment Systems.

Symetra Life Insurance Company, et al.; Notice of Application

January 28, 2013

Applicants: Symetra Life Insurance Company, First Symetra National Life Insurance Company of New York, Symetra Investment Management, Inc., Symetra Mutual Funds Trust, and Symetra Securities Inc.. ADDRESSES: The Commission: Secretary, U.S. Securities and Exchange Commission, 100 F Street NE., Washington, DC 20549-1090; Applicants: Symetra Life Insurance Company,…

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