Oct. 28– Last week the New Hampshire Insurance Department announced that AIG had reached a settlement with NH and six other states. AIG is also known as American International Group, and is one of the world’s biggest insurance companies. The AIG agreement follows similar deals with Prudential and Metlife earlier this year, with $17 million and $40 million in…
Newswires
Oct. 28– Erik Arnold spent much of the past five years spying on people suspected of cheating insurance companies through false workers’ compensation claims. This summer, the General Assembly agreed to make information from insurers about employers’ coverage confidential. The News& Observer reported in April that as many as 30,000 North Carolina employers…
Area Nationwide Insurance agency, Iscential will host the NASCAR Nationwide Series show car at the University of Houston on Wednesday, October 31. The interactive event will provide guests the opportunity to see the excitement of NASCAR first hand. “We are very involved with the University’ s C. T. Bauer College of Business, and we wanted to find another way to give…
Oct. 27– NextCare Urgent Care, a national chain of walk-in clinics, paid $10 million this summer to settle a federal complaint that it defrauded patients and their insurance companies by putting patients through thousands of unnecessary tests. Yet NextCare, which has clinics in Stafford and Spotsylvania counties, says that it did nothing wrong.
Oct. 28– NextCare Urgent Care, a national chain of walk-in clinics, paid $10 million this summer to settle a federal complaint that it defrauded patients and their insurance companies by putting patients through thousands of unnecessary tests. Yet NextCare, which has clinics in Stafford and Spotsylvania counties, says that it did nothing wrong.
Adam Mullan, Chief Executive Officer, Global Reinsurance for Alterra and Chief Executive Officer of Alterra at Lloyd’s, said: “We are very pleased that Tim Hofmeister is joining our team at Alterra Switzerland. He will be responsible for developing a portfolio of European Casualty reinsurance business from our Zurich office to complement the Casualty…
The Hartford announced that it will make significant enhancements to its claims platform to better serve customers and achieve higher quality claim outcomes and greater efficiency overall. “As The Hartford executes on its strategy to focus on its historical strengths as a property and casualty insurer and group benefits provider, outstanding claims…
The American Council of Life Insurers issued the following news release:. The American Council of Life Insurers, whose member companies provide financial and retirement security to millions of American families, elected its 2013 Chairman and Board of Directors today at its Annual Conference. Elected as Chairman was James T. Morris, Chairman and CEO of Pacific…
Everbridge Provides Communities and Businesses with Safety and Preparedness Tips for Hurricane Sandy
Everbridge issued the following news release:. Everbridge, the leading provider of interactive communication and mass notification solutions, today announced a series of best practices for hurricane safety and preparedness. In fact, Munich RE, one of the world’s leading reinsurers, recently released data showing that North America has been the most…
Leading North Florida insurance provider, Shapiro Insurance Group is proud to announce the acquisition/ merger of three long-standing, independent insurance agencies in Jacksonville, FL.. These, combined with the merger of Edwards’ Insurance Agency in Jacksonville Beach, makes Shapiro Insurance Group the largest auto, home and business insurance agency…
AGENCY: Internal Revenue Service, Treasury. ADDRESSES: Send submissions to: CC: PA: LPD: PR, Room 5203, Internal Revenue Service, P.O. Box 7604, Ben Franklin Station, Washington, DC 20044. Submissions may be hand-delivered Monday through Friday between the hours of 8 a.m. and 4 p.m. to CC: PA: LPD: PR, Courier’s Desk, Internal Revenue Service, 1111 Constitution Avenue, NW,…
FRESNO, Calif./ California Newswire/– Edgewood Partners Insurance Center, a retail property, casualty and employee benefits insurance brokerage, has added Adam Medeiros as an employee benefits consultant in its Fresno office. Medeiros brings his extensive knowledge of group health and welfare benefits, including ERISA, COBRA and HIPAA, to EPIC’s rapidly…
Oct. 27– Former Highmark CEO Kenneth Melani, calling himself the “greatest champion” of the proposed merger between the health insurer and West Penn Allegheny Health System, testified Friday that even if WPAHS were to restructure its long-term bond debts via bankruptcy reorganization, the move wouldn’t save enough money to rescue the flailing hospital…
The California Department of Insurance issued the following news release:. Insurance Commissioner Dave Jones today announced that formerly licensed insurance agent James Henry Sim, 66, of San Diego, has been sentenced to a stayed term of four years and four months in State Prison. According to investigators, in October of 2008 the California Department of…
This includes Auto Insurance, Life Insurance, Health Insurance, Homeowners Insurance, Renters Insurance and Business Insurance. Paula operates out of La Junta, Colorado but also services nearby areas like Rocky Ford, Manzanola, Fowler, Eads, Las Animas, Granada, Lamar, Wiley, McClave, and Holly. She has extensive experience in the finance and insurance industry…
Oct. 27– Because of Roanoke County’s participation in the Community Rating System, area residents in flood hazard zones with flood insurance are eligible for a discount. The program, initiated in the 1990 s by the Federal Insurance Administration, rewards localities that go beyond the basic requirements of the National Flood Insurance program.
MMIC has promoted Steve Lacke to senior vice president, Insurance Operations. According to president and CEO Bill McDonough, Lacke has accomplished a lot in his three years at MMIC. ” MMIC Group, Inc. provides professional liability insurance and risk solutions to physicians, clinics, hospitals and long-term care facilities and systems, primarily in Minnesota,…
The Hartford Steam Boiler Inspection and Insurance Company, part of Munich Re, announced a new concept in homeowners insurance, HSB HomeWorks, which combines breakdown coverage for home equipment systems, appliances and electronics with a suite of home energy management services to help policyholders save money. “Homeowner carriers are increasingly…
By Nan Brasmer, President, California Alliance for Retired Americans. SACRAMENTO, Calif., Oct. 26, 2012/ PRNewswire-USNewswire/– I am a senior citizen. George Joseph, Mercury Insurance’s billionaire Chairman, has spent over $16 million to pass Proposition 33. He has tried to mask the measure as a way to reward responsible drivers.
