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Sedgwick Appoints Ann Gaffey as Senior VP of Health Care Risk Management and Patient Safety [Professional Services Close – Up]

January 25, 2013

Sedgwick Claims Management Services, Inc. announced that Ann Gaffey has been appointed the company’s senior vice president of health care risk management. A licensed registered nurse and frequently published author and speaker on health care risk management and patient safety, Gaffey is also an adjunct professor at the School of Medicine and Health…

A.M. Best Affirms Ratings of ASSA Compania de Seguros, S.A. and Lion Reinsurance Company Limited [Professional Services Close – Up]

January 25, 2013

A.M. Best also has affirmed the FSR of A- and ICR of “a-” of Lion Reinsurance Company Limited. ASSA is ultimately owned by Grupo ASSA, S.A., a publicly traded financial services holding company on the Panama stock exchange. Partially offsetting these positive rating factors is ASSA’s risk concentration in a geographically limited insurance market along with…

Colorado Health Benefit Exchange Signs Licensing Agreement with hCentive [Health & Beauty Close – Up]

January 25, 2013

hCentive’s WebInsure SHOP Exchange solution will also be implemented as part of the COHBE marketplace to enable Colorado small businesses and non-profit organizations to provide greater choice of health plans for employees. “Our selection by the COHBE is the latest endorsement of our advanced solutions for states that are building health insurance…

Cigna Unveils New Medicare Supplement Product [Manufacturing Close – Up]

January 25, 2013

On February 4, 2013, Cigna will begin sales of its new Medicare Supplement Plans insured by American Retirement Life Insurance Company. According to a release, the program will be marketed and administered through Cigna’s Supplemental Benefits division in Austin, Texas. Cigna Corp. is a health service company dedicated to helping people improve their…

Radian Introduces Version of Mortgage Insurance Rate App for Android [Manufacturing Close – Up]

January 25, 2013

Radian Guaranty Inc., the mortgage insurance subsidiary of Radian Group Inc., announced the availability of its MI rate finder app, Radian Rates, for Android devices on Google Play. “We developed Radian Rates as another way to make it quicker and easier for our lending partners to do business with us,” said Brien McMahon, Radian’s chief franchise officer and head of…

Survey takes pulse of benefits, wellness initiatives for businesses [Danville Register & Bee, Va.]

January 24, 2013

Jan. 25– CHATHAM– Just more than half of employers in the Dan River Region offer wellness programs in health insurance plans for their employees, according to a recent survey. The group– with assistance from the Danville Pittsylvania County Chamber of Commerce– conducted the online survey of businesses and industries in Danville and Pittsylvania County.

Freedom National Insurance Company, Inc. Appoints New Regional Marketing Manager over Arizona

January 24, 2013

Freedom National Insurance Company, Inc. announced today that Maricela Estrada has joined the company to further develop their growing auto book and agency force in Arizona. Maricela comes with a wealth of experience within the Auto Insurance Industry, having spent the last several years with Access General as a marketing representative and was…

Scotland Healthcare: Challenges ahead [The Laurinburg Exchange, N.C.]

January 24, 2013

The decline in margin over the past year reflects the decrease in reimbursement that the system is receiving from its major payer sources, such as Medicare, Medicaid, and managed care. In 2012, care for 46 percent of patients was paid for by Medicare, with 21 percent paid for by Medicaid, 22 percent by commercial insurers, and 10 percent of patients in the category of…

Skye Condominiums sued in dispute over commission [The Charlotte Observer]

January 24, 2013

Jan. 24– A California- based company has sued the developer of the Skye Condominiums uptown saying the developer engaged in “egregious and unscrupulous conduct” by failing to pay a $500,000 commission after the company helped secure financing for the hotel-condominium project. Workmen’s Life Insurance Company sued Small Brothers Charlotte, LLC last week…

GTJ REIT, INC. FILES (8-K) Disclosing Entry into a Material Definitive Agreement, Completion of Acquisition or Disposition of Assets, Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant, Unregistered Sale of Equity Securities, Change in Directors or Principal Officers, Financial Statements and Exhibits

January 24, 2013

On January 17, 2013, GTJ REIT, Inc. and its wholly-owned subsidiaries GTJ GP, LLC and GTJ Realty, LP, and Wu/Lighthouse Portfolio, LLC, Jeffrey Wu, the Wu Family 2012 Gift Trust, Paul Cooper, Louis Sheinker, Jerome Cooper, Jeffrey Ravetz and Sarah Ravetz, and together with Wu/Lighthouse Portfolio, Wu, the Wu Trust, P. Cooper, L. Sheinker, J. Cooper, J. Ravetz and S. Ravetz…

Brookstone Capital Management Changes Structure of its Ownership

January 24, 2013

  Wheaton, IL  – Friday, January 18 2013 –Brookstone Capital Management (BCM), a SEC Registered Investment Advisor (RIA) announces that…

Northwestern Mutual To Pay Over $5B In Dividends

January 24, 2013

Northwestern Mutual Life Insurance said it had record sales last year and expects to make its biggest dividend payout ever in 2013…

Average Health Insurer Rejects More Than 1 In 5 Apps

January 24, 2013

A new analysis shows that the health insurance industry averages an application rejection rate of 22 percent of submitted individual and family applications nationally…

Bipartisan Public Support For State Insurance Exchanges

January 24, 2013

A majority of Americans put the creation of state-based health insurance exchanges at the top of the priority list for health policy in their state this year, according to a survey…

Insurance broker got along with everyone [The Pittsburgh Tribune-Review]

January 24, 2013

Frank Baptist Canova of St. Louis, formerly of Mt. Lebanon, died on Saturday, Jan. 19, 2013. Born in Dravosburg to John B. and Annetta Gurgosalici Canova, who were originally from Biella, Italy, Mr. Canova graduated from St. Peter High School in McKeesport in 1943.. He worked in his family’s Canova Brothers grocery store in McKeesport, the Pepperidge Farms Bread Co. and…

Locked out: Liability concerns put Eddy County Sheriff’s Posse Arena at odds with county [Carlsbad Current-Argus, N.M.]

January 24, 2013

Jan. 24– The Eddy County Sheriff’s Posse says it was briefly locked out of its facilities by the county last week after it missed the deadline to show the county it had purchased liability insurance coverage. Addressing the insurance issue, Posse President Lynn Ballard said he and board member Robert Detweiler showed due diligence in obtaining the requested…

ROCKEFELLER LAYS OUT HIS LEGISLATIVE PRIORITIES FOR 113TH CONGRESS

January 24, 2013

WASHINGTON, D.C.- Senator Jay Rockefeller today laid out his priorities for the 113th Congress which started this week. “As our nation continues to recover from the recession and build a stronger foundation for the future, the 113th Congress faces many tough decisions that will have lasting effects for many years to come,” said Rockefeller. ” Throughout my time in…

Lawyer Pleads Guilty to Stealing Money Intended for His Clients

January 24, 2013

Deairich R. Hunter, 47, an attorney from Washington, D.C., pled guilty today to a federal charge stemming from his theft of $109,830 in payments from insurance companies that were intended to settle some of his clients’ disability and personal injury claims. Attorney Ronald C. Machen Jr., Debra Evans Smith, Acting Assistant Director in Charge of the FBI’s Washington…

Globalsurance Announce Aetna International will Partner with Starr International Insurance (Asia) Ltd in Hong Kong

January 24, 2013

Insurer Aetna International have changed their strategic partner in Hong Kong from GAN Assurances to Starr International Ltd. Globalsurance believe this move to be a positive one for Aetna, as Starr International have a good reputation internationally, and rank significantly higher than GAN Assurances’ parent company, Groupama, in ratings by S&P, Fitch…

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