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Preference Double Feature: You Win Some, You Lose Some! [Business Credit]

May 29, 2013

Two significant issues in preference litigations have hit the headlines once again. And as they say in baseball: you win some, you lose some. In Energy Conversion Devices, Inc., the United States Bankruptcy Court for the Eastern District of Michigan addressed the applicability of Section 502 of the Bankruptcy Code as a basis for disallowing a creditor’s Section…

Citizens Insurance And The Hanover Insurance Group Foundation Award Scholarships To 9 Local Students

May 29, 2013

Citizens Insurance and The Hanover Insurance Group Foundation, Inc. announced today that it has awarded 9 scholarships to local, public high school students and children of employees of The Hanover Insurance Group. About The Hanover Insurance Group Foundation The mission of The Hanover Insurance Group Foundation, Inc. is to improve the quality of life in…

The Hanover Insurance Group Foundation Awards Scholarships To 36 Local Students

May 29, 2013

The Hanover Insurance Group Foundation, Inc. announced today that it has awarded 36 scholarships to local, public high school students and children of employees of The Hanover Insurance Group. “Our scholarship program is one of the many important ways we invest in our communities and our employees,” said Frederick H. Eppinger, president and chief executive…

Western & Southern Names Cris Collinsworth National Spokesperson

May 29, 2013

Western& Southern Financial Group has signed a multi-year agreement with Cris Collinsworth to become its national spokesperson. Collinsworth recently won his 14th Sports Emmy for his work as lead analyst on NBC Sunday Night Football. ” Collinsworth was an All-American wide receiver at the University of Florida before joining the Cincinnati Bengals in…

Amendment to Combined Synopsis/Solicitation – G– Health Insurance for Course UH60 L and M Qual

May 29, 2013

Office Address: Department of State; Western Hemisphere Posts; U.S. Embassy Mexico City, Mexico; 225 South Vermillion Aeniue, Brownsville, TX 78521. This requirement is unrestricted and only qualified offerors may submit bids.The solicitation pricing on www.FedBid.com will start on the date this solicitation is posted and will end on 2013-05-31 16:00: 00.0…

ONEBEACON INSURANCE GROUP, LTD. FILES (8-K) Disclosing Submission of Matters to a Vote of Security Holders

May 29, 2013

At the Company’s 2013 Annual General Meeting of Members held on May 22, 2013:. of Split Rock Insurance, Ltd. was approved;. 4) the appointment of PricewaterhouseCoopers LLP as the.

CIGNA Agrees to $77 Million Settlement, Giving Wrongfully Denied Policyholders a Chance to Have Claims Reassessed, Top Disability Lawyer, Frank N. Darras Says, ACT NOW

May 29, 2013

America’ s top disability attorney, Frank N. Darras, offers critical information for policyholders denied benefits from CIGNA Health and Life Insurance Company and its subsidies, Connecticut General Life Insurance Company and Life Insurance Company of North America. The completion of an investigation into CIGNA, by five lead states, including California,…

VA Dental Insurance Program

May 29, 2013

SUMMARY: The Department of Veterans Affairs amends its regulations to establish rules and procedures for the VA Dental Insurance Program, a pilot program that offers premium-based dental insurance to enrolled veterans and certain survivors and dependents of veterans. FOR FURTHER INFORMATION CONTACT: Kristin Cunningham, Director, Business Policy, Chief…

Michael Thomson Named VP of Employee Benefits Division for SterlingRisk Insurance Services

May 29, 2013

SterlingRisk today announced that Michael Thomson has been named Vice President of Employee Benefits for the Utah division of SterlingRisk Insurance Services. “We are thrilled to have Mike as part of the SterlingRisk team in Utah. About SterlingRisk Founded in 1932, parent-company SterlingRisk employs more than 190 highly skilled insurance…

COFFMAN AND MURPHY LEAD LETTER TO OBAMA URGING ACTION ON THE VA CLAIMS BACKLOG

May 29, 2013

WASHINGTON- Today, Congressmen Mike Coffman and Patrick Murphy sent a letter to President Obama urging him to become more active on the Veteran’s Administration disability claims backlog. Congressman Coffman stated that, “The President must use his Office to aggressively push the VA to reduce the backlog. A recent Senate letter to the President concerning…

AVANGARD CAPITAL GROUP, INC FILES (8-K) Disclosing Change in Directors or Principal Officers

May 29, 2013

On May 22, 2013, our Board of Directors voted to increase the size of our board to five members and appoint Eric Rayz, Robert A. Cornaglia and John A. Folino to serve as new directors. Arkady “Eric” Rayz, Esquire is a summa cum laude and Phi Beta Kappa graduate of Temple University. As an undergraduate, Mr. Rayz was a recipient of the H. Thomas and Dorothy Willits Hallowell…

Former Meck. County deputy sues sheriff [The Charlotte Observer]

May 29, 2013

May 29– A former Mecklenburg County deputy sheriff has filed suit against Sheriff Chipp Bailey, alleging he fired her for refusing to make contributions to or volunteer for his re-election campaign. Former Deputy Sheriff Terri Young, a Mooresville resident, filed the lawsuit May 23. The suit also names Ohio Casualty Insurance Company, the surety on the bond that…

ALPS Receives Outlook Upgrade from A.M. Best, Welcomes Insurance-Industry Leaders Bruce Crockett and Jack L. Sennott to its Board of Directors, and Transitions its CEO

May 29, 2013

On May 23, 2013, A.M. Best affirmed the financial strength rating of A- and revised the outlook to Stable of ALPS Property& Casualty Insurance Company. Bruce Crockett currently serves as the Chairman of Crockett Technologies Associates, a technology consulting firm. Mr. Crockett is also the Chairman of the Invesco Mutual Funds Group, which has roughly a quarter of…

The Pennsylvania Insurance Department Settles Claims Involving 3 Cigna Companies [Manufacturing Close – Up]

May 29, 2013

The Pennsylvania Insurance Department announced that it has reached a settlement agreement involving the claim handling practices of Life Insurance Company of North America, Connecticut General Life Insurance Company and Cigna Health and Life Insurance Company. According to a release, this settlement was reached through the coordinated efforts of…

Molina Healthcare of California Chosen to Participate in the Covered California Marketplace [Manufacturing Close – Up]

May 29, 2013

Molina Healthcare, Inc. announced that its subsidiary, Molina Healthcare of California, has been selected by Covered California to offer certified Qualified Health Plans on the California Health Benefit Exchange for the individual Health Maintenance Organization market. According to a release, Molina Healthcare will participate in four counties when…

American Senior Services Hires Chief Marketing Counsel and Adds 2 Members to Board [Professional Services Close – Up]

May 29, 2013

“Mark Goldberg was announced as our COO earlier this month, and it is my great pleasure to announce three additional new members to the ASSI team; Jonas Roeser, Tom Skiff and Peter Gelbwaks,” said Bobby Gross, CEO of ASSI. In addition, Tom Skiff and Peter Gelbwaks will join as members of ASSI’s Board of Directors. Previously, from 1994 to 2001, Skiff was President of the…

EDITORIAL: Another bad deal from Citizens [The Miami Herald]

May 29, 2013

May 29– No doubt many readers instinctively flinch when they see yet another story in The Miami Herald involving Citizens Property Insurance. Under this unusual arrangement, Heritage Property and Casualty Insurance Company will be allowed to take control of 60,000 policies that belonged to Citizens from January to June 28 of this year.

Connecture Christopher Neuharth to Address Marketing, Outreach and Distribution on the Health Insurance Exchanges Conferences [Health & Beauty Close – Up]

May 29, 2013

Connecture, Inc., a provider of Web-based information systems used to create health insurance exchanges, said that Christopher Neuharth, director of user experience at Connecture, will speak at the inaugural Marketing, Outreach and Distribution on the Health Insurance Exchanges conference presented by Healthcare Education Associates.

Study Shows Limited Social Media Interaction Between Auto Insurers, Customers

May 29, 2013

Phoenix Marketing International recently surveyed almost 2,000 consumers about their social media habits and how these consumers interact with their auto insurance provider via social media…

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