April 06– TAMARAC– Taxpayers will compensate Mayor Beth Flansbaum-Talabisco almost $60,000 for the time she wasn’t allowed to serve in the job. City officials released figures Friday that show her compensation package will be $14,938.89 in reimbursement for what she paid for her health insurance under COBRA; and another $44,949.32 in reimbursement for her…
Newswires
Mr. Arbuthnot, the lead portfolio manager for the John Hancock Global Opportunities Fund, is a Senior Managing Director and Senior Portfolio Manager with John Hancock Asset Management, a division of Manulife Asset Management. Mr. Arbuthnot provides research on technology, consumer, and global companies for all strategies managed by John Hancock Asset…
Office Address: Department of the Army; U.S. Army Corps of Engineers; USACE District, Tulsa; ATTN: CESWT-CT, 1645 South 101st East Avenue, Tulsa, OK 74128-4609. Subject: R– Delivery of Title Evidence and Title Insurance Policy GM Plant Facility- Tinker Air Force Base, Oklahoma. The Tulsa District, U.S. Army Corps of Engineers has a requirement for the delivery of title…
In 2009, upscale appliance-maker Viking Range Corp. was looking for ways to reduce health care costs without sacrificing its generous benefits plan…
Self-funded plan: A health care benefits plan, also called a self-insured plan, that is funded by an employer that pays medical claims from company coffers rather than paying a fixed premium to an insurance carrier. Fully insured plan: A plan in which the employer pays monthly premiums to an insurance carrier, which is responsible for paying medical claims.
April 06– Eastman Kodak Co., now going through bankruptcy, withdrew an earlier bankruptcy court motion to end health insurance coverage for employees who retired after 1991, a group of Kodak retirees said Friday. Kodak has about 500 employees in Kettering’s Miami Valley Research Park, which is the company’s second largest concentration of employees outside…
Allianz Life Insurance Company of North America named Sarah Schaus as the new assistant vice president, Treasury. Reporting directly to Chief Financial Officer Giulio Terzariol, Schaus oversees all Treasury related functions for Allianz of America, including Allianz Life and its subsidiaries and Fireman’s Fund and its subsidiaries.
April 06– The bail bond company that posted one-time fugitive Ronnie Lee Shaw’s $50,000 bond won’t have to forfeit the money to the government, an Erie County judge ruled Thursday. Staff from the company, Cutting Edge Bail Bonds LLC, of Cranesville, quickly found Shaw and reported him to law enforcement once he became a fugitive in January, President Judge Ernest J….
ATLANTA and THE WOODLANDS, Texas, April 6, 2012/ PRNewswire/– Assurant Solutions, a global specialty insurance and risk management company, today announces an extension of its long-term, exclusive relationship with American Financial& Automotive Services, Inc.. American Financial provides its dealerships with exceptional products and services to maximize…
The California Department of Insurance issued the following news release:. Insurance Commissioner Dave Jones today announced that the Cleve V. Traughber, 74, of Pasadena, has been arrested on one felony count for violating Penal Code Section 504, Embezzlement. According to Investigators, in September 2011, The California Department of Insurance received a…
Hogan Lovells US issued the following news release:. Business Restructuring and Insolvency practice with the addition of Peter Ivanick as a partner in New York. He has played significant roles in most of the major American insurance insolvencies over the last 25 years, including leading the current representation of Ambac Assurance Company in the…
The House will meet in Session on Wednesday, April 11, 2012 at 10:00 a.m. The annual “Tartan Day” celebration will be held, at the conclusion of which we will take up the bills on the Calendar. Chairmen and Vice-Chairmen will meet on Tuesday, April 10, 2012 in LOB 305-307 at 9:00 a.m.. There will be a Democratic Caucus on Wednesday, April 11 at 9:00 a.m. in Rooms…
April 06– Because managers at a Shaler bottle factory knew that an old furnace eventually would leak molten glass, Kelman Bottles LLC can’t force two insurers to cover the damage from a fire caused by the leak, a federal judge ruled. The company sued United States Fire Insurance Co. of Morristown, N.J., and Continental Casualty Co. of Chicago, because they denied…
As part of its business strategy to expand life insurance products, distribution and operations, Symetra Life Insurance Company has hired 20 new employees and opened an office in Waltham, Mass., west of Boston. According to the company, five senior life insurance professionals who recently joined Symetra and are based in the Boston area:. Polonsky most recently…
W. R. Berkley Corp. announced the formation of Berkley Public Entity Managers. Berkley Public Entity Managers will underwrite on behalf of W. R. Berkley Corp. member insurance companies rated A+ by A.M. Best Company, Inc. and will be headquartered in Philadelphia, Pennsylvania. William R. Berkley, chairman of the board and chief executive officer of W. R. Berkley Corp.,…
Mortgage Guaranty Insurance Corp., a private mortgage insurer, announced the availability of mortgage insurance through Calyx Point software. Through the integration, MGIC provides seamless access from Calyx Point to MGIC’s online mortgage insurance-ordering platform, the Loan Center, saving customers data entry time and increasing accuracy.
April 05– Insurance giant Northwestern Mutual apparently expects to sell downtown Seattle’s Russell Investments Center for at least three times what it has invested in the 42- story office tower, a company document suggests. The company gave the building a “fair value” of $447.5 million in its 2011 year-end financial statement, filed earlier this year.
BRIEF: Government won’t get one-time Erie fugitive Ronnie Shaw’s $50,000 bond [Erie Times-News, Pa.]
April 05– The bail bond company that posted one-time fugitive Ronnie Lee Shaw’s $50,000 bond won’t have to forfeit the money to the government, a judge ruled this morning in Erie County Court. Staff from the company, Cutting Edge Bail Bonds LLC, of Cranesville, quickly located Shaw, 43, and reported him to law enforcement once he became a fugitive in January,…
On March 30, 2012, Flagstone Reassurance Suisse, SA, as the majority shareholder, together with the other shareholders of Island Heritage Holdings Ltd. Butterfield Holdings Limited, ACE Bermuda Insurance Ltd. and Nigel Twohey, entered into a definitive share purchase agreement pursuant to which BF&M Limited agreed to acquire 100% of the issued and…
