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MetLife gets final cornerstone partner [The Record (Hackensack, N.J.)]

October 18, 2012

Oct. 18—- Global technology companies SAP and EMC will jointly sponsor a corner of the 82,500- seat arena. MetLife Stadium officials said Wednesday that a fourth and final cornerstone partnership has been found for the Meadowlands home of the Jets and Giants of the National Football League: Global technology companies SAP and EMC will share the sponsorship of a…

Commercial Insurance Marketplace Leaning Towards Liability Risks, High-Growth Markets

October 18, 2012

Swiss Re’s latest sigma 5/ 2012, “Insuring ever-evolving commercial risks”, provides new insights into commercial insurance, revealing that demand varies greatly based on industry, company size and jurisdiction. Japan, with USD 35 billion in premiums…

Investigators describe McGill’s daughter as uncooperative, documents show [The Spokesman-Review, Spokane, Wash.]

October 18, 2012

Oct. 18– Before a troubled teenager emerged as the prime suspect in a Spokane woman’s brutal riverbank slaying earlier this year, detectives had begun to suspect that the victim’s own daughter might have been involved, newly unsealed court documents show. Billie McKinney, daughter of stabbing victim Sharlotte McGill, was described by police seeking a judge’s…

N.C. coastal residents protest proposed insurance hike [The News & Observer (Raleigh, N.C.)]

October 18, 2012

A parade of people from North Carolina’s coastal counties– local officials, real estate representatives and Joe and Jane Citizen– marched to the lectern and railed against the possibility of a 30 percent jump in their homeowners insurance rates Wednesday. “We don’t understand why you keep doing this to us, and we would like for it to stop,” testified Emilie…

PRC Insurance Sets Essential Benefits Plan Under ACA

October 18, 2012

For the past two years, the Insurance Division has worked with a special task force appointed by Gov. Susana Martinez to find a minimum standard EHB model that other health plans listed in the state’s new insurance exchange must equal or exceed. …

The new economical Picanto ‘City’ from KiaCar reviewed by car finance experts Car Loan 4U

October 18, 2012

The new three-door‘ City’ model will form part of Kia’ s expanding‘ Originals’ collection and is now available to purchase in the UK from £10,245.*. Car Loan 4 U Co-Director Ryan Dignan comments;. Not only can motorists benefit from a low insurance group but the vehicle is also exempt from road tax and congestion fees in London.

Democrat Schneider has a district drawn in his favor but an underfunded campaign [Chicago Tribune]

October 18, 2012

Oct. 18– Brad Schneider was under doctor’s orders not to move his head when he decided to run for Congress. The Democrat from Deerfield had a procedure to repair a detached retina in January 2011. Forced to keep his head stationary during recovery, Schneider found himself watching a lot of C-SPAN just as the Republicans took over the U.S. House.

KEL partners’ title insurer halts business [Orlando Sentinel]

October 18, 2012

Oct. 18– Citing a regulatory mandate and a potentially crippling volume of claims, K.E.L. Title Insurance Group– owned by the partners of Orlando’s KEL law firm– has withdrawn from the title insurance business and is trying to get into a state “rehabilitation” program for troubled insurers, the company confirmed Wednesday. It said it had been “instructed” by the…

Coastal residents protest insurance hike [The News & Observer (Raleigh, N.C.)]

October 17, 2012

A parade of people from North Carolina’s coastal counties– local officials, real estate representatives and Joe and Jane Citizen– marched to the podium and railed against the possibility of a 30 percent jump in their homeowners insurance rates Wednesday. “We don’t understand why you keep doing this to us and we would like for it to stop,” testified Emilie…

New Medi-Cal contract gives Clinicas more autonomy [Ventura County Star, Calif.]

October 17, 2012

The new contract was announced this week by the Gold Coast Health Plan, which administers Medi-Cal for 100,000 people in Ventura County. It gives Clinicas del Camino Real more Medi-Cal compensation in return for more responsibilities and an increased share of financial risks previously shouldered by Gold Coast. In the new contract, Gold Coast pays Clinicas a…

RegEd CIO, Brian Lora, Named as a Finalist for the 2012 Triangle Business Journal’s CIO of the Year Award

October 17, 2012

Raleigh, Oct. 17, 2012– RegEd, a leading provider of technology solutions for compliance and risk management, today announced that its CIO, Brian Lora, has been named as a finalist for the inaugural CIO of the Year Award by the Triangle Business Journal. Since Brian joined RegEd almost two years ago, he has continually demonstrated a standard of excellence and…

Homeland Security Department (DHS); Emergency Preparedness and Response Directorate; Federal Emergency Management Agency (FEMA) (F.R. Page 60452) -…

October 17, 2012

Homeland Security Department; Emergency Preparedness and Response Directorate; Federal Emergency Management Agency- Meeting. EVENT: Homeland Security Department; Emergency Preparedness and Response Directorate; Federal Emergency Management Agency holds a meeting of the National Advisory Council to discuss the National Flood Insurance Program…

MassMutual Retirement Services Lends an Ear to Participants

October 17, 2012

MassMutual’ s Retirement Services Division is gearing up to host its second PlanSmart SM online seminar specifically designed for retirement plan sponsors: Participants Talk Retirement. MassMutual’ s live online seminar is scheduled for Tuesday, October 23, 2012 at 2:00 p.m. ET. Host Kris Gates, assistant vice president of customer experience marketing…

BRIEF: Increase expected on insurance premiums [The Ironton Tribune, Ohio]

October 17, 2012

At the Lawrence County Commission’s Tuesday work session, Jeremy Eastwood, the county’s insurance consultant, reported that the county’s loss-claims ratio was at 86 percent. Because of that Eastwood expects United Health to raise its premiums. Right now the county pays out $2.8 million in premiums a year for employees covered by United Health.

Hacking, Embezzlement Are Major Insurance Issues In Texas

October 17, 2012

Topping the list are hacking of customer computers, employee embezzlement and ATM signage. Brien O’Connor, vice president of Texas Bankers Insurance Agency, has 23 years of experience in the area of bank losses, including robberies, scams, slips…

Citizens National bank to open new location in Longview [Texas Banking]

October 17, 2012

Kilpatrick Life Insurance Company and Citizens National Bank recently announced that a multiyear lease has been signed by CNB to occupy the Kilpatrick Life Insurance Company building at 200 N. Fredonia in downtown Longview. Brad Tidwell, president& CEO of CNB, stated, “Everyone at Citizens National Bank is very excited about the opportunity to open the…

Genworth Study Helps Redefine ‘Uninsurable’

October 17, 2012

Between 39% and 54% of Americans between the ages of 18 and 64 with common, self-reported pre-existing conditions hold no life insurance, with doubts over insurability leading many potential candidates to not even apply for coverage…

ONEBEACON INSURANCE GROUP, LTD. FILES (8-K) Disclosing Other Events, Financial Statements and Exhibits

October 17, 2012

On October 17, 2012, OneBeacon Insurance Group, Ltd. announced that its subsidiary OneBeacon Insurance Group LLC has entered into definitive agreements to terminate its exclusive underwriting arrangement with Hagerty Insurance Agency and sell Essentia Insurance Company, an indirect wholly owned subsidiary of the Company, to Markel Corporation.

Markel Announces Planned Acquisition of Essentia Insurance Company

October 17, 2012

Markel Corporation announced today that it has entered into a definitive agreement to acquire Essentia Insurance Company from OneBeacon Insurance Group LLC. Completion of the transaction is subject to customary closing conditions, including regulatory approval of the change of control of Essentia, and is expected to occur in January 2013.

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