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Priority Care Solutions, Inc. Establishes Veteran Executive Team to Deliver Innovative Managed Care Solutions for Workers’ Compensation Payers

October 29, 2012

Priority Care Solutions, Inc., a specialty managed care services provider for the workers’ compensation industry, has established a veteran team of talented executives to launch and deliver new products and services for the payer community. Bob Smith, president: With 30 years of experience in the workers’ compensation industry, Mr. Smith has held senior…

VALIDUS HOLDINGS LTD FILES (8-K) Disclosing Other Events

October 29, 2012

On October 26, 2012, Validus Holdings, Ltd. hosted a conference call for analysts and investors to discuss Validus’ third quarter 2012 financial results and related matters. During the conference call, representatives of Validus made certain statements relating to the pending Agreement and Plan of Merger, dated as of August 30, 2012, by and among Validus,…

FLAGSTONE REINSURANCE HOLDINGS, S.A. – 10-Q – Management’s Discussion and Analysis of Financial Condition and Results of Operations

October 29, 2012

The following is a discussion and analysis of our financial condition as at September 30, 2012 and December 31, 2011, and our results of operations for the three and nine months ended September 30, 2012 and 2011, including, as specified, our discontinued operations. This discussion should be read in conjunction with our unaudited condensed consolidated…

Most expensive US hurricanes for insurers

October 29, 2012

Sources: Swiss Re Sigma, Morgan Stanley research.

TIME TO MOVE ON [Skagit Valley Herald, Mount Vernon, Wash.]

October 29, 2012

Oct. 28– MOUNT VERNON– Dave Thomas has always been a straight shooter. So when he felt it was time to step down as executive director of the United States Practical Shooting Association, he didn’t hesitate to pull the trigger. Practical shooting has secured itself as a mainstream shooting sport, and its popularity continues to grow, featured on television programs…

Monroe Mayor & Trust GDC Producer Neal Minor Uses Expertise as a Leader of Monroe City, Missouri to Help Municipalities Assess Risk & Purchase the Right Town Insurance

October 29, 2012

Monroe City, Missouri has benefited from the hard work and effort of Neal Minor, who’ s been the Monroe mayor for three consecutive terms. As a producer at Trust GDC, a Missouri insurance agency that also serves cities and towns throughout Illinois, he knows what questions to ask to guarantee the right coverage at the right price. To speak to Neal Minor about…

Assurance Taps Reed Construction for 13,000-Sq.-Ft. Office Build-out

October 29, 2012

CHICAGO— Assurance has selected Reed Construction to complete a 13,000- sq.-ft. build-out for the company within One Century Centre at 1750 East Golf Road in Schaumburg, Ill.. Assurance, an independent insurance brokerage, tapped Reed Construction to renovate and reconfigure its office spaces, add a new seminar room and make improvements to the lobby.

Aflac’s CEO Ranked Among World’s Most Influential

October 29, 2012

The first annual CMO Influence Study, compiled by Appinions, surveyed the work of CMOs from a list the company compiled of the 100 most important companies in the world. Appinions is an opinion-based influence marketing platform…

Tim Graff Named President of American Pet Insurance Company

October 29, 2012

American Pet Insurance Company, the only insurance carrier fully dedicated to pet insurance, has named Tim Graff as President, effective immediately. Graff brings over 30 years of experience in the insurance industry, most recently running the South Region within QBE’ s Program Division from Dallas, Texas. Graff spent a combined 15 years at A&A, including four…

Pan-American Life Insurance Appoints 5 to Its Corporate Finance Team [Professional Services Close – Up]

October 29, 2012

David Demmon has joined PALIG as VP, Controller and Chief Accounting Officer; Alywin Fruge has come to PALIG as VP of Internal Audit and Richard Mabry as VP, Corporate Tax. “The deep industry knowledge and expertise of these five executives further strengthens Pan-American Life’s finance team, and the Group’s commitment to financial security for our…

Mintz Levin Attorney Nancy Adams Appointed VP of Chartered Property Casualty Underwriters Society [Health & Beauty Close – Up]

October 29, 2012

Nancy D. Adams, CPCU, a Member of the Insurance/Reinsurance Group, Risk Management& Executive Protection Group, and Product Liability and Complex Tort Litigation Group of Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, has been named the 2012-2013 Vice President of the international Chartered Property Casualty Underwriters Society. According to a release, Adams…

HeW Opts for APEX to Provide Healthcare Statement Processing [Health & Beauty Close – Up]

October 29, 2012

APEX has announced a partnership with HeW, a provider of revenue cycle management services for healthcare providers. In a release, the Company said that it will be the preferred provider of statement-processing services for HeW clients, including both electronic delivery and online billing services. APEX founder and CEO Brian Kueppers said, “Like APEX, HeW is a…

Insurance Companies Using Facebook to Reject or Devalue Car Accident Claims

October 29, 2012

Insurance companies in the United States have found profitable uses for social media over the years, and that goes beyond just running the company Facebook page. And while the thought of a victim’ s insurance company scouring the social media accounts of their own insured may seem intrusive and unethical, Seattle accident attorney Chris Davis says it’ s just one…

7 tips to save on your 2013 health insurance [Sun Sentinel]

October 28, 2012

Oct. 29– In choosing health insurance, Cariann Moore used an online spreadsheet tool provided by her employer to compare insurance plans. To deal with rising costs, employers are putting the onus on workers “to take control over what their health expenses are,” said Terri Byers, national benefits enrollment manager for West Palm Beach- based Oasis Outsourcing,…

AP Top Business News At 4:19 p.m. EDT

October 28, 2012

NYSE plans to open as usual Monday Insurers nervous over prospect of Romney victory Poll: Scant demand for Microsoft’s Windows 8 An uneasy economy, and those living through it Future of Nokia hangs on Windows Phone 8 rollout’ Argo’ finally tops box office with $12.4 M Germany: No to new Greek debt haircut Ukraine’s opposition doing well in election

The Macon Telegraph Ed Grisamore column [The Macon Telegraph]

October 28, 2012

Oct. 28– When he wants to hold the match that started the fire, Bill Elder will reach for a transistor radio on the shelf. His thumb would turn the dial to WLS in Chicago, WLAC in Nashville and other faraway kingdoms in the dark. He remembers the day when Craig Elder– his mother with a man’s name– stopped at the Sinclair station on Gray Highway, across from Baconsfield.

Partnership Welcomes David Richardson as New CFO in Board Expansion

October 28, 2012

David joins Partnership from the UK’s largest closed life assurance fund consolidator, Phoenix Group, where he was Group Chief Actuary and responsible for restructuring the group’s Pounds70bn balance sheet and overall capital management. Prior to this, David worked in a number of senior roles at Swiss Re, across both its Admin Re and traditional reinsurance…

Insurers nervous over prospect of Romney victory

October 28, 2012

WASHINGTON– Health insurance CEOs are getting nervous about what could happen if Republican Mitt Romney wins the White House. Although the industry hates parts of President Barack Obama’s health care law, major companies such as UnitedHealth Group and BlueCross Blue Shield stand to rake in billions of dollars from new customers who’ll get health insurance…

MATC Receives Donation from Districts Mutual Insurance

October 28, 2012

Districts Mutual Insurance, a Municipal Mutual insurance company serving the 16 Technical College Districts of Wisconsin, made a donation of $16,000 to those Districts at its October quarterly meeting. Each District was presented a check for its foundation in the amount of $1,000; designated as an unrestricted funds donation. James Blumreich, DMI Board…

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