A.M. Best has revised the outlooks to positive from stable and affirmed the financial strength rating of B+ and the issuer credit rating of“ bbb-” of BIDV Insurance Corporation. The revised outlooks reflect BIC’ s strengthened risk-adjusted capitalization, following support from Fairfax Asia Limited as a strategic investor. In 2015, Fairfax Asia acquired 35% of…
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The Highland School Board is currently examining the district’s philosophy on the subject. Parents and coaches alike turned out in force at Monday’s Highland School Board meeting to speak against the potential policy change. “I do have some concerns I’d like to bring before the board,” said Highland High School Athletic Director Caleb Houchins. “
ResearchMoz added Latest Research Report titled ” UK Pet Insurance Market 2016: Worldwide Market Size, Shares, Trends, Growth, Survey and Forecast report” to it’s Large Report database.Albany, NY—- 07/28/2016– 2015 saw the UK pet insurance market continue to grow, with gross written premiums increasing by 6.3% from 853 m in 2014 to 910 m in 2015. Medical inflation…
–Are you skittish about the stock market? Vantis Life Insurance has a solution. “Many people who are planning for retirement, or even those already retired, have found the increased stock market volatility very troubling,” said Craig Simms, Vantis Senior Vice President/Chief Marketing Officer.
–With consumers more and more skittish about the stock market, and Department of Labor rules weighing on agents and distribution outlets, Vantis Life Insurance Company has a solution. The company today announced that it now is offering TaxSaver Freedom, a series of easy-to-understand fixed, MYGA annuity products with competitive rates.
Cotton Holdings, Inc., announced today that Lance Ewing, a former Vice President and Industry Practice Leader at American International Group, has joined the Company as Executive Vice President of Global Risk Management and Client Services. Ewing was appointed as National President for the Risk and Insurance Management Society 2003– 2004 term and was also…
July 28– YOUNGSTOWN– The Ohio Supreme Court has agreed to hear a dispute between an insurance giant and its former agent, whose office was in Boardman Plaza. Nationwide, of Columbus, appealed to that court the unanimous decision of a three-judge panel of the Youngstown- based 7th District Court of Appeals that gave Lucarell more than $2.3 million.
–Pypestream, the leading business-to-consumer messaging platform, announced a partnership today with Insurance Thought Leadership, a global network of thought leaders and decision makers transforming the insurance and risk management marketplace. Among the first customers in the insurance industry to adopt Pypestream is LYNX Services, a wholly-owned…
–MarshBerry, in association with Insurance Journal, is conducting its 31st Annual Market& Financial Outlook Study for retail insurance agencies and brokers. Those that participate by August 5, 2016, will receive a complimentary copy of the final report*. *Only fully completed survey responses, and those who provide their email address, are eligible for one…
July 28– MOUNT VERNON– An independent report done for the Skagit Public Utility District has found that management did not retaliate against former Chief Financial Officer Vanessa Dales after she alleged harassment by former General Manager Bob Powell. The 16- page report, which was conducted by an attorney hired by the PUD’s insurance company, was obtained…
Florida Blue unveiled its newest contact center located at 701 International Parkway in Lake Mary as part of the expansion announcement. The contact center will house 180 fulltime employees providing service to its individual, group and Medicare members. We’re proud to be the only health insurer offering group, Medicare and individual plans in all 67…
–In recognition of its upcoming 10 th anniversary, LifeSecure Insurance Company today is proud to unveil its new brand identity. “In 10 years’ time, LifeSecure has made incredible strides going from an ambitious, innovative start-up focused on simplifying insurance to a prominent, successful national carrier with an exceptional reputation,” said Kevin Stutler,…
–U.S. employers that sponsor defined contribution retirement plans are slowly embracing lifetime income solutions to help employees improve their financial security in retirement, according to a new Lifetime Income Solutions Survey by Willis Towers Watson, a leading global advisory, broking and solutions company. Lifetime income solutions include…
CHICAGO, July 28, 2016/ PRNewswire-USNewswire/– The Blue Cross Blue Shield Association today announced a suite of newly branded, international private medical insurance products that will serve multinational employers and individuals traveling globally. These include options for U.S. employees traveling and/or working in other countries, foreign…
BOSTON– A Woburn investment advisor was sentenced today in U.S. District Court in Boston in connection with defrauding investors of over $1.3 million. Herman owned and controlled companies in Massachusetts and Nevada that provided investment advice and sold insurance products to individual investors. No hedge fund ever existed, however, and the more than…
A Jupiter trust and estate attorney pled guilty before United States Magistrate Judge James M. Hopkins in West Palm Beach to filing false personal income tax returns with the Internal Revenue Service in which her income was underreported, resulting in additional tax due of $923,695 for tax years 2007 through 2012.. Wifredo A. Ferrer, United States Attorney for…
PORTLAND, Ore.– The former practice manager for Eye Care Services, Inc. appeared in federal court yesterday and admitted to his role in defrauding Medicare and other public and private health care plans and conspiring to defraud the Internal Revenue Service. Anthony Curtis Neal, 40, pled guilty to health care fraud and conspiracy to defraud the IRS before U.S.
July 28– Modesto has agreed to pay $850,000 to settle a federal lawsuit filed against the city that claimed one of its officers used excessive force and was negligent when he shot a distraught, suicidal man armed with a pocketknife in 2010.. But Lindgren said Modesto is not admitting wrongdoing in settling the case. ” The settlement comes after the case went to…
According to a new report by Allied Market Research titled “World Managed Security Services Market- Opportunities and Forecasts, 2014- 2020”, the global managed security services market is expected to reach $29.9 billionby 2020, registering a CAGR of 15.8% during 2014-2020. The cloud-based managed security services deployment model market would grow…
