Newswires

Newswires RSS Get our newsletter

LOGiQ³ Corp, a global expert provider of life insurance and reinsurance consulting and outsourcing services is pleased to announce that the company has chosen KPMG, a global leader of audit services as vendor of choice to complete its annual Canadian Standards for Assurance Engagements No. 3416, Statement on Standards for Attestation Engagements No. 16 and…

July 28– ProMedica has tapped Michael Browning to take over the role of chief financial officer, replacing Alan Sattler. Mr. Sattler became the vice president of business development for ProMedica’s health insurance company Paramount earlier this year. Having lived in this region before, Mr. Browning said he was familiar with ProMedica and has great…

_ Horace Mann Educators Corp. on Wednesday reported second-quarter earnings of $11.8 million. On a per-share basis, the Springfield, Illinois- based company said it had profit of 29 cents. Access a Zacks stock report on HMN at http://www.zacks.com/ap/HMN.

Radian Group Inc. today reported net income from continuing operations for the quarter ended June 30, 2016, of $98.1 million, or $0.44 per diluted share. Pretax income from continuing operations for the quarter ended June 30, 2016, was $156.5 million, compared to $80.0 million for the quarter ended June 30, 2015. Book value per share at June 30, 2016 was $13.09, an…

July 28– Carrier Corp.’ s 1,400 displaced employees will receive severance pay equal to one week for every year of service and six months of medical insurance, according to an agreement between the company and United Steelworkers Local 1999. Chuck Jones, president of United Steelworkers Local 1999, expressed displeasure with the severance package.

July 28– A Spartanburg health agency that connects low-income, uninsured adults to quality health care has been awarded a $250,000 grant from a prestigious foundation and one of six groups nationwide selected to develop a program that addresses needs of the most complex and costly patients. AccessHealth Spartanburg was chosen by the Princeton, N.J.- based…

Management and technology consultancy BearingPoint, which ranks among the leading providers of regulatory software, announced that AFA Insurance, a major Swedish insurance company, selected the proven ABACUS/Solvency II as a Software-as-a-Service solution. AFA Insurance is an organization owned by Sweden’s labor market parties and insures around 4.5…

Ardeshir S. Khou at ASK Dental Group- Campus Dental Center was recently named and ranked as one of the Best dental offices in Los Angeles by Expertise for 2016.. Dr. Ardy is currently on staff as a Clinical Instructor/ Lecturer in the Division of Constitutive& Regenerative Sciences at UCLA School of Dentistry. ASK Dental Group, located in the heart of Westwood…

July 27– HARRISBURG– With Independence Blue Cross and other health insurers seeking significant rate hikes for individual plans for next year, company executives appeared Wednesday morning before the state regulators who have to sign off on their requests. Blue Cross wants to raise rates from 19.9 to 22.5 percent, according to the state Insurance Department,…

With an earlier-than-usual fire season wreaking havoc in other communities interfacing with the San Gabriel Mountains, some local residents are finding it difficult to obtain or renew fire insurance coverage through big-name companies due to the proximity of their houses to brush zones, where the risk of fire damage is greater than average.

The Democratic Party platform includes making health care affordable for everyone, improving prescription services for senior citizens, preserving Medicare and Social Security, and no arbitrary insurer cancellation due to pre-existing conditions. Cindy Purvis, a board member of Health Care of All of Pennsylvania, is at the DNC to talk to Pennsylvania…

July 28– The potential for using unmanned aircraft systems in the insurance industry has some companies looking to North Dakota for help with researching applications. “The test site is getting a lot of inquires on how to use UAS for roof inspections, property assessment, damage assessment,” said Chris Theisen, director of research and development for the test…

July 27– UPMC and three related entities have agreed to pay the United States $2.5 million to partly settle a 2012 lawsuit claiming they deliberately overbilled federal health insurance programs for surgeries, the U.S. Attorney’s Office said Wednesday. The settled claims contend that UPMC billed Medicare for neurosurgeons it claimed assisted or…

July 28– WEST PALM BEACH– Former Jupiter councilwoman Kathleen Kozinski pleaded guilty in federal court on Wednesday to lying to the Internal Revenue Service to avoid paying $923,700 in taxes. Kozinski, a retired estate planning attorney who served on the council from 1998 to 2005 and also served as chair of the board of the Burt Reynolds Institute for Film and…

The owners of Mill 109 in Seabrook plan to start brewing beer on 8th Street in Hoquiam, in the building that formerly housed the Passport Cafe. At first, the beer will go the restaurant at Seabrook, but eventually, they plan to open a tasting room and sell beer and food at the 8th Street location. The building is owned by the City of Hoquiam and the council took action…

Total statutory dividend capacity of U.S. life insurers benefited in 2016 from a change in New York legislation that restricts dividends that can be paid a life insurer’s parent company, according to a new report from Fitch Ratings. Based on Fitch’s analysis of peer U.S. stock life insurers, statutory ordinary dividend capacity declined by 3% in 2016 to…