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Capital Group buys Palm Beach project stake [Globes, Tel Aviv, Israel]

August 31, 2010

Aug. 31–Capital Group Ltd. has signed an agreement to purchase half of an apartment project in Palm Beach, Florida, for…

NAMIC Launches New Convention Social Networking Site

August 31, 2010

  INDIANAPOLIS (August 31, 2010) – The National Association of Mutual Insurance Company launched its newest Convention service Monday, Aug….

Keystone Insurers Group Continues Expansion in Kentucky With Two New Franchisees

August 31, 2010

Continuing its expansion in Kentucky, privately held Keystone Insurers Group added two more franchisees, Houk Insurance Agency and Mountain Valley…

Former Aon Senior VP, Power Broker Builds New Firm.

August 31, 2010

LOS ANGELES, Aug. 31 /PRNewswire/ — Benefits & Risk Solutions, Inc. (BRS) provides consulting and broker services that maximize clients’…

LIMRA: Individual Life Ownership at 50-Year Low; Term Life Affordable Amid Price Increases

August 31, 2010

Only 44% of U.S. households own an individual life insurance policy — a figure that represents a 50-year low, a…

LIMRA Study: Consumers Continue to Opt for Guaranteed Living Benefit Riders With Variable Annuity Contracts

August 31, 2010

Guaranteed Living Benefit (GLB) riders were elected in variable annuities (VA) generating $20.3 billion of new deferred VA premium in the second quarter, an 18 percent increase over the first quarter, according to LIMRA’s second quarter study, which represents 95 percent of the variable annuity GLB industry…

Fitch Downgrades Liberty Life’s IFS to ‘A-‘; Placed on Rating Watch Evolving

August 31, 2010

CHICAGO–(BUSINESS WIRE)– Fitch Ratings has downgraded the Insurer Financial Strength (IFS) rating of Liberty Life Insurance Company (Liberty Life) to…

Humana Awarded Contracts for Puerto Rico Medicaid Program

August 31, 2010

Awarded new contracts for East and Southeast regions it currently administers Geographic presence and workforce to expand with award of…

Voluntary Critical Illness Sales Catching Up to Cancer, According to the Annual Eastbridge Voluntary Sales Study.

August 31, 2010

Voluntary critical illness sales were up in 2009 but cancer sales lagged. In the latest Eastbridge annual U.S. Worksite Sales Report, critical illness sales increased almost 88 percent between 2008 and 2009 as compared to cancer sales which went down almost 8 percent…

Theft ring solved [Athens Daily Review, Texas]

August 31, 2010

Aug. 30–ATHENS — Area law officers worked together to solve a multi-county string of thefts, resulting in the arrest of…

Petersburg forum looks at charter schools [Richmond Times-Dispatch, Va.]

August 31, 2010

Aug. 31–PETERSBURG, Va. — PETERSBURG — Kevin Brown stated it bluntly. “This is about our kids; this is about our…

Fitch Affirms Union Central’s IFS Rating at ‘A+’; Outlook Stable

August 31, 2010

NEW YORK–(BUSINESS WIRE)– Fitch Ratings has affirmed The Union Central Life Insurance Company’s (Union Central) Insurer Financial Strength (IFS) rating…

Fitch Downgrades Liberty Life’s IFS to ‘A-‘; Placed on Rating Watch Evolving

August 31, 2010

CHICAGO–(BUSINESS WIRE)– Fitch Ratings has downgraded the Insurer Financial Strength (IFS) rating of Liberty Life Insurance Company (Liberty Life) to…

Record Number of Insurance and Restoration Professionals Attend Crawford Contractor Connection(SM) Conference

August 31, 2010

ATLANTA, Aug. 31 More than 1,900 contractors, insurance carrier representatives and service provider partners attended educational sessions, listened to industry updates and networked during the Crawford Contractor Connection 12th annual conference held recently at the Gaylord National Hotel & Convention Center in Washington, D.C. The Contractor Connection Conference is an invitation-only event…

Medical Payments Per Claim in California Grew Again after Period of Large Post-Reform Decreases

August 31, 2010

Medical costs per workers’ compensation claim in California grew nine percent in 2007 after large decreases from the reforms in prior years, according to a new study from the Workers Compensation Research Institute…

A.M. Best Places Ratings of Americas Insurance Company Under Review With Negative Implications

August 31, 2010

OLDWICK, N.J.–(BUSINESS WIRE)– A.M. Best Co. has placed under review with negative implications the financial strength rating of B (Fair)…

Symetra Financial CEO Tom Marra and CFO Margaret Meister to Present at KBW Conference on Sept. 7, 2010

August 31, 2010

BELLEVUE, Wash.–(BUSINESS WIRE)– Symetra Financial Corporation (NYSE:SYA) President and Chief Executive Officer Tom Marra and Chief Financial Officer Margaret Meister…

A.D.A.M. Inc. acquired by Ebix [The Atlanta Journal-Constitution]

August 31, 2010

Aug. 31–Atlanta-based A.D.A.M. Inc., a publicly traded provider of consumer health information and benefits technology solutions, has been acquired by…

BRIEF: Murder suspect caught [Beaver County Times, Pa.]

August 31, 2010

Aug. 31–BEAVER FALLS — A suspect in the Aug. 7 murder of an Ambridge man in Beaver Falls was arrested…

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