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Alexander: New Nonpartisan Study is Evidence That Individual Insurance Premiums Will Rise Under Obamacare

March 29, 2013

The ranking Republican member of the Senate Health, Education, Labor and Pensions Committee, issued the following news release:. Senator Lamar Alexander, the Ranking Member of the Senate Health, Education, Labor and Pensions Committee, today released the following statement on a report by the Society of Actuaries that finds insurance claims in the individual…

2013-2014 Budget Funding Honors Promise to OTB Retirees

March 29, 2013

Assembly Speaker Sheldon Silver and Assembly Government Employees Committee Chair Peter Abbate, Jr. today announced $5 million in funding to provide health insurance coverage for the hundreds of former employees of New York City Off-Track Betting. Former employees who aren’t eligible for Medicare will have a’ bridge’ program offered to them that will last…

Four Companies to Reimburse Drivers to Settle Allegations of Auto Insurance Overcharges

March 29, 2013

Four auto insurance companies have settled allegations that they overcharged consumers relating to auto insurance surcharges that were overturned by the state’s Board of Appeal, or otherwise removed from state driving records, Attorney General Martha Coakley announced today. The settlements with The Premier Insurance Company of Massachusetts,…

Calif. Health Premiums For Individual Buyers Will Rise

March 29, 2013

Middle-class Californians counting on the federal health care overhaul to lower their insurance premiums are in for a double-digit shock next year, a new state study shows…

State Disciplines Health Care Providers

March 29, 2013

The Washington state Department of Health issued the following news release:. section of the Department of Health website. In February 2013 the Nursing Assistant Program charged registered nursing assistant April Lynn Price with unprofessional conduct.

Kentucky Gov. Signs E-Card Legislation

March 29, 2013

Kentucky is the latest state to enact legislation that allows drivers to use their mobile devices to show their insurance identification card in order to prove they are insured…

Commercial Loan Direct (CLD Capital) Reports a 21% Increase in Its FHA Apartment Loan Origination with Interest Rates in the High 2s and Fixed for Up to 35 Years

March 29, 2013

Commercial Loan Direct, a business division of CLD Capital and one of the top five online originators of commercial and apartment loans in the country, has increased its overall FHA apartment loan production by taking the product nationwide. Commercial Loan Direct has prepared an overview of the U.S. Department of Housing and Urban Development’s FHA…

HUNTERS International Insurance Joins UNiBA Partners

March 29, 2013

On March 27, HUNTERS International Insurance was pleased to announce that it has accepted the invitation to join UNiBA Partners, one of the world’ s largest independent providers of risk management, insurance brokering and employee benefits services. Operating from Brussels, UNiBA Partners is a global platform which, through its broker Partners, assists…

Testimony aims at ex-banker’s real estate investments [The Virginian-Pilot]

March 29, 2013

March 29– NORFOLK– As a mortgage broker for a Bank of the Commonwealth subsidiary, T. Brandon Woodard frequently flouted policies and turned to his father, the bank president, for assistance, witnesses testified Thursday. Jed Sherman, a friend and former business partner of Brandon Woodard, said the two set out to become real estate investors in 2005. They had met at…

Aetna Appoints Hisham Radwan as GM of Operations in the Middle East and Africa [Health & Beauty Close – Up]

March 29, 2013

Aetna, a global diversified health care benefits company, announced that Hisham Radwan, has been named general manager of the Middle East and Africa region for its international operations. In the Middle East and Africa, Aetna said that it offers individual and group health care benefits for expatriates, health management services for employers and…

Fitch Expects to Rate Wilton Re’s New Sr. Unsecured Notes ‘BBB’ [Manufacturing Close – Up]

March 29, 2013

Fitch Ratings expects to assign a’ BBB’ rating to Wilton Re Finance LLC $300 million planned issuance of 5.875 percent senior notes due 2033.. The notes are unconditionally guaranteed by Wilton Re Holdings Limited and Wilton Re U.S. Holdings, Inc. The transaction is expected to close on April 2. On Feb. 20, Fitch assigned initial’ A’ Insurer Financial Strength…

BRIEF: Springdale settles police brutality case for nearly $100,000 [The Pittsburgh Tribune-Review]

March 28, 2013

March 28– Springdale Borough’s insurer has paid $98,500 to settle an Allegheny County police officer’s lawsuit over a Feb. 11, 2010, incident where a Springdale police officer attacked him, Mayor Eileen Miller said Thursday. Raymond A. Hrabos, 51, of Springdale said he was on his way home from work when officer Mark E. Thom assaulted him after he tapped on the window…

BRIEF: Carolinas HealthCare System offers new health insurance plans [The Charlotte Observer]

March 28, 2013

March 28– Carolinas HealthCare System and Coventry Health Care of the Carolinas Wednesday announced new health insurance options that provide access to the hospital system’s primary care network and other clinical resources. Called Carelink– Carolinas HealthCare System, the plans are based on a “patient-centered medical home” model that allows primary…

Santa Rosa fears higher insurance premiums [Northwest Florida Daily News, Fort Walton Beach]

March 28, 2013

March 28– MILTON– Santa Rosa County commissioners don’t just plan to write a letter opposing a state House bill that would significantly increase the cost of the county’s liability insurance. The maximum incident claim, which is paid to multiple parties, would increase from $300,000 to $1.5 million. Commissioner Jim Melvin already had planned to be in…

Pro Collision Center, an Auto Body Repair Shop, Waives Deductibles

March 28, 2013

An auto body repair shop servicing the Las Vegas area, Pro Collision Center recently made an announcement that it covers the cost of all deductibles for repair work, easing the level of stress for their clientele. Accepting all types of car insurance, Pro Collision Center is familiar with the claims process and the deductible requirement issued by insurers.

Former Pace Owner Seeks Insurance Policy Funds

March 28, 2013

Approval of a second insurance payment may help bring restitution– and potential final resolution– to the criminal case facing William Rodgers Sr., former co-owner of defunct Pace Airlines Inc…

Loyaltyworks’ Safety Incentive Programs Reduce Insurance Premiums and Increase Safety Awareness

March 28, 2013

Loyaltyworks, an Atlanta- based premium provider of incentive programs, customer loyalty programs and employee recognition programs, is proud to announce an expanded focus on providing safety incentive programs. Loyaltyworks is working directly with its clients and partners to craft safety incentives that reduce the direct and indirect costs…

Knox Schools employees granted retroactive raise [The Times-Tribune, Corbin, Ky.]

March 28, 2013

During a four-hour special-called meeting of the Knox County Board of Education Tuesday at the Knox County Middle School’s old gym, school employees were unanimously granted a retroactive 2 percent pay raise by board members. With virtually no discussion, Board member Dexter Smith motioned to approve the two percent raise, with a second from Board member…

DILLARDS INC – 10-K – MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS.

March 28, 2013

Dillard’s, Inc. operates 302 retail department stores spanning 29 states and an Internet store. In accordance with the National Retail Federation fiscal reporting calendar, the fiscal 2012 reporting period presented and discussed below ended February 2, 2013 and contained 53 weeks. For comparability purposes, where noted, some of the information…

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