Tampa, FL April 19, 2012. Insureds have access to risk management news and information, consulting services and education. If you would like a more information about The Protector online Risk Management newsletter or online Continuing Education program, you can view or download from the Optometric Protector Plan ® Risk Management Resource Center..
Newswires
LONDON& TOKYO—- Microgen Plc and Nomura Research Institute, Ltd., a leading provider of consulting services and system solutions, today announced that they have signed a strategic alliance for the sale and implementation of Microgen products in the Japanese market. NRI will be the exclusive partner in Japan for the Microgen Accounting Hub and Microgen…
A.M. Best Co. has upgraded the financial strength rating to B++ from B+ and the issuer credit rating to “bbb” from “bbb-” of Pacific International Insurance Limited. The outlook for both ratings has been revised to stable from positive. PII’s underwriting profitability weakened over the past five years to June 30, 2011, with both the average expense and loss ratios…
MetLife announced its new MetLife Vision PPO product as a complement to its other workplace products. Vision coverage can help employers leverage their benefits programs to manage healthcare costs and increase employee satisfaction to help attract and retain a productive workforce, “said Michael Schwartz, vice president, MetLife Dental and Vision…
Transatlantic Reinsurance Company, an indirect wholly-owned subsidiary of Alleghany Corporation, today announced that Kenneth Brandt, Executive Vice President, President of North America, and Julian Spence, Executive Vice President& Chief Risk Officer, were elected to Transatlantic’ s Board of Directors. Transatlantic Reinsurance Company, an indirect…
Online Insurance Marketplace says the most popular answer was “yes” to the poll that they had posted on the Facebook platform, titled, “Are You Satisfied With Your Life Insurance?”…
Prudential Financial announced it has named two long-time executives to lead the company’s Group Insurance and Annuities businesses…
The GAO proposed capping crop insurance premium subsidies at $40,000 per individual producer…
A.M. Best Co. has affirmed the financial strength rating of A++ and issuer credit ratings of“ aa+” of the Chubb Group of Insurance Companies and its property/casualty members. Concurrently, A.M. Best has affirmed the ICR of“ aa-”, senior debt ratings, junior subordinated debt, indicative ratings on securities and the AMB-1+ on the commercial paper of Chubb Group’ s…
John Hancock, one of Florida’s largest sellers of long-term care insurance, is raising rates on that coverage by an average of 35 percent for 40,000 policyholders…
Nader Musa was charged with defrauding two women by taking checks from them intended to pay for their health insurance premiums and failing to deliver those checks to the insurer…
The 5 percent discount is now available to new policyholders with electric vehicles in select states and will be available nationwide by the end of 2012…
April 18– An Aberdeen woman was sentenced Tuesday for using another person’s medical insurance card in July 2008 at Avera Queen of Peace in Mitchell. Katrina Ezell, 45, was fined $300 in addition to the more than $600 she was ordered to pay in restitution for first-degree petty theft by deception. Ezell was fined an additional $300 for failing to appear in court…
CoreLogic, a leading provider of information, analytics and business services, today announced that CoreLogic SafeRent ®, provider of the nation’s leading suite of screening and risk management services designed for the multifamily housing industry, released its first quarter 2012 multifamily applicant risk index report. The three Metropolitan…
Liberty Mutual Group Inc. and Liberty Mutual Insurance Company today announced the commencement of a cash tender offer to purchase up to $350,000,000 aggregate principal amount of LMGI’ s 10.75% Series C Junior Subordinated Notes due 2088 and LMIC’ s 7.697% Surplus Notes due 2097, each at a purchase price determined in accordance with the procedures of a…
That combined with their experience in our market makes for a win-win situation, “said Michael Parrillo, President of Falcon Insurance.” “Utilizing interfaces for credit, MVRs, loss history, and comparative raters, to name a few,” explained Sean Pitcher, President& CEO of Maximum Processing. ” Combined with the highly configurable solution, all of the needs of Falcon…
Westchester, N.Y. April 18, 2012. Stillman Property Management, a full-service property management company based in Mamaroneck, N.Y., has implemented a new risk transfer program to help mitigate risk for its clients by ensuring that contractors who work on its properties not only supply the proper insurance documents, but also provide owners with contractual…
Companies who adopt a robust risk management culture and prepare early on will be best suited to deal successfully with a data breach, “said Gary Loveland, principal and Leader of PwC’s Global Security Practice.” In the video, PwC directors Tomas Castrejon and Pieter Penning are joined by Jim Harvey, partner at Alston& Bird, to discuss the importance of risk…
Compliance professionals from financial services, healthcare, insurance and other regulated industries shared their best practices, new ideas and concerns regarding increasing demands for compliance effectiveness and protecting against risks associated with outside vendors at the recent Compliance 360 2012 Customer Conference.
