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A.M. Best Upgrades Ratings of JRG Reinsurance Company, Ltd. and Its Affiliates

July 29, 2016

A.M. Best has upgraded the financial strength rating to A from A- and the issuer credit ratings to“ a” from“ a-” of JRG Reinsurance Company, Ltd. and its U.S.- based insurance affiliates. Concurrently, A.M. Best has upgraded the ICR to“ bbb” from“ bbb-” of James River Group Holdings, Ltd.. Holdings and JRG Re are domiciled in Pembroke, Bermuda, while the U.S. companies are based in…

Shield Global Partners moving Downtown, adding jobs

July 29, 2016

July 29– Shield Global Partners, a company that offers vehicle monitoring and accident impact analysis to vehicle leasing companies, is moving from Burkhardt Road to Main Street and within a year will add 50 jobs to its current workforce of 21.. Growth Alliance for Greater Evansville assisted Shield Global Partners in planning the major expansion of business.

Combine Solicitation – FURNISH ALL EQUIPMENT, MATERIALS, SUPPLIES, PERSONNEL AND LABOR NECESSARY TO COMPLETE FIRE EQUIPMENT INSPECTION

July 29, 2016

Office Address: Department of the Army; U.S. Army Corps of Engineers; USACE District, Vicksburg; Attn: CEMVK-CT4155 Clay Street Vicksburg MS 39183-3435. Contact: Kelly A. Turcotte, Phone 6016315379, Email [email protected]. U.S. Army Corps of Engineers.

Sources Sought Notice – Urban Flooding Study

July 29, 2016

Office Address: Department of Homeland Security; Federal Emergency Management Agency; Preparedness Branch; Office of Acquisition Management16825 South Seton Avenue Emmitsburg MD 21727. Contact: Glen Seipp, Contract Specialist, Email [email protected] Gregory S. Blair, Contracting Officer, Email [email protected]. The Department of Homeland…

Combine Solicitation – Laboratory Services FY16 / FY21 Blanket Purchase Agreement (BPA)

July 29, 2016

Office Address: Department of the Air Force; Air Force Global Strike Command; 7 CONS; 381 Third Street Dyess AFB TX 79607-1581. Contact: Sonya L. Salisbury, Phone 3256962322, Fax 3259694078, Email [email protected] Karla M. Jacob, Contract Specialist, Phone 325-696-5261, Fax 325-696-4078, Email [email protected]. Description: Department of the…

When Big Insurance Companies Merge, Who Benefits?

July 29, 2016

Both Aetna and Anthem say they will vigorously fight lawsuits by the Justice Department seeking to prevent their respective merger deals. Are such mergers bad for the public?

Care for the caregiver: Where to find help fulfilling a necessary but exhausting role

July 29, 2016

Help may be coming in a new pilot program starting this fall hosted by the Jewish Community Center of Greater Pittsburgh. The free classes will be held once a week for 12 weeks at JCC centers in Squirrel Hill and Scott. The program, developed by the National Council on Aging, is called “Aging Mastery Program for Caregivers through AgeWell at the JCC,” and participants…

ICT Spends in Insurance Sector Global market research report 2016

July 29, 2016

PUNE, India, July 29, 2016/ PRNewswire-iReach/– ACCESS REPORT. Summary Global ICT Spends in Insurance Sector- Future Perspective to 2019; is an exhaustive research report outlaying future perspectives of ICT project spends globally. Countries covered within the report include: Argentina, Australia, Austria, Belgium, Brazil, Canada, China, Denmark, Finland, France,…

Hazardous Materials: Oil Spill Response Plans and Information Sharing for High-Hazard Flammable Trains

July 29, 2016

SUMMARY: PHMSA, in consultation with the Federal Railroad Administration, is issuing this NPRM to propose revisions to regulations that would expand the applicability of comprehensive oil spill response plans based on thresholds of liquid petroleum oil that apply to an entire train consist. Lastly, PHMSA is proposing to incorporate by reference an initial…

Earnings Grow At Erie Insurance

July 29, 2016

July 29– ERIE, Pa.– Net income at Erie- based Erie Insurance was $61.3 million in the second quarter of the year, which ended June 30, the company announced after trading closed Thursday afternoon. Through the first six months of the year, profits are up from $94.9 million to $107.2 million. There was good news on multiple fronts for the only Erie- based Fortune 500…

Johnson, Sasse Demand Answers From Health And Human Services Over Failure To Return Payments To Taxpayers

July 29, 2016

Ben Sasse, who serves on the committee, demanded answers Thursday from Department of Health and Human Services Secretary Sylvia Mathews Burwell about the department’s decision to pay insurers over taxpayers. HHS was supposed to return a total of $5 billion to taxpayers by depositing funds into the U.S. Treasury and to redistribute $20 billion to insurance…

Aon Misses 2Q Forecasts

July 29, 2016

_ Aon PLC on Friday reported second-quarter net income of $272 million. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.40 per share. Five analysts surveyed by Zacks expected $2.85 billion.

Magellan Health Reports Second Quarter 2016 Financial Results

July 29, 2016

Magellan Health, Inc. today reported financial results for the second quarter of 2016, as summarized below. For the quarter ended June 30, 2016, the company reported net revenue of $1.16 billion, segment profit of $56.9 million, and net income of $4.0 million, or $0.16 per diluted common share. As of June 30, 2016, the company had unrestricted cash and investments…

Hospital groups say new federal ratings are unfair and flawed

July 29, 2016

July 29– ALBANY– The Centers for Medicare and Medicaid Services released on Wednesday its first overall five-star ratings for the quality of hospitals, angering many in the health care industry who contend the rankings are not an accurate representation of a hospital’s performance. Phoebe Putney Memorial Hospital was one of five Georgia hospitals to…

John Hancock Life Insurance Co Usa Files SEC Form 13F-NT, Quarterly Report Filed By Institutional Managers, Notice (Jul. 19, 2016)

July 29, 2016

By a News Reporter-Staff News Editor at Insurance Weekly News– According to news reporting originating from Washington, D.C., by VerticalNews journalists, a U.S. Securities and Exchange Commission filing by John Hancock Life Insurance Co Usa was posted on July 19, 2016. The SEC file number is 0001573679-16-000053.. A U.S. Securities and Exchange Commission…

NFU Mutual Extends Guidewire Selection With Core, Data and Digital Products

July 29, 2016

By a News Reporter-Staff News Editor at Insurance Weekly News– NFU Mutual, the UK’s leading rural insurer, and Guidewire Software, Inc., a provider of software products to general insurers, announced that NFU Mutual has selected Guidewire core operations, data and analytics, and digital engagement products. Already a Guidewire BillingCenter ® customer, NFU…

New Medicare and Medicaid Findings from Kaiser Permanente Described (Association of Reduced eGFR and Albuminuria with Serious Fall Injuries among…

July 29, 2016

New Medicare and Medicaid Findings from Kaiser Permanente Described. By a News Reporter-Staff News Editor at Insurance Weekly News– New research on Medicare and Medicaid is the subject of a report. Our news editors obtained a quote from the research from Kaiser Permanente, “& measurements We analyzed data from 8744 Reasons for Geographic and Racial…

Flood damages in Germany could multiply under climate change

July 29, 2016

By a News Reporter-Staff News Editor at VerticalNews Health& Science– Flood-related losses can be expected to increase considerably in Germany as a result of climate change, a new study shows. “Extreme events like the Elbe flood in June 2013 may be rare events, but they have major impacts on people and the environment and cause tremendous financial damage,” lead…

Us Alliance Corp. Files SEC Form SC 13G, Statement of Acquisition of Beneficial Ownership By Individuals (Jul. 14, 2016)

July 29, 2016

By a News Reporter-Staff News Editor at Insurance Weekly News– According to news reporting originating from Washington, D.C., by VerticalNews journalists, a U.S. Securities and Exchange Commission filing by Us Alliance Corp. was posted on July 14, 2016. The SEC file number is 0001437749-16-035229.. A U.S. Securities and Exchange Commission filing is a formal…

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