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Solera Holdings, Inc. Reports Fourth Quarter and Fiscal Year 2013 Results

August 22, 2013

Solera Holdings, Inc., the leading global provider of software and services to the automobile insurance claims processing industry, today reported results for the fourth quarter and fiscal year 2013.. After adjusting for FX Changes, revenue for the fourth quarter increased by approximately 10.3% over the prior year fourth quarter revenue; Net income…

HealthForCalifornia.com Makes Obamacare Understandable

August 22, 2013

On August 21, 2013, Health for California Insurance Center launched its new website, http://www.healthforcalifornia.com. The site is dedicated to helping Californians understand and comply with the Obamacare mandate that requires all Americans and legal residents to obtain qualified health insurance starting in 2014.“ For hundreds of thousands of…

EQUOTE.com Now Offering Instant Term Life Insurance Quotes for Term Life Insurance with No Medical Exam

August 22, 2013

EQUOTE, one of the nation’ s leading insurance brokers since 1998, now has the answer for anyone looking for an instant quote on low cost term life insurance. Rather than being confined to the prices and terms of just one insurance provider, EQUOTE has the advantage of being able to represent the buyer as a broker who has access to more than 25 companies including…

26-Year Compliance Veteran Janet Goodridge Joins Phillip Futures Inc.

August 22, 2013

Phillip Futures Inc., member of the Singapore- based PhillipCapital group of companies, has hired Janet Goodridge as Chief Compliance Officer. Goodridge was Director of Risk Management at Board of Trade Clearing Corporation from 2000 and 2002. She has also undertaken various compliance roles at Carr Futures Inc., Harris Trust and Savings Bank and Harris…

Mentally disabled N.C. man awarded $9 million over false confession

August 22, 2013

A North Carolina man received a $1.475 million settlement after being held for 14 years on a false confession to murder, court documents show. The award from Anson County and its insurers brings to $9.325 million Floyd Brown has received for his unlawful imprisonment, The Charlotte Observer reported Wednesday. Brown, who is mentally disabled, was charged in the…

Shelter offers pet insurance with adoption [The Santa Fe New Mexican]

August 22, 2013

Aug. 21– Trupanion, the leading provider of pet insurance in North America, is launching a new partnership with the Santa Fe Animal Shelter& Humane Society that provides 30 days of veterinary coverage for adopted companion animals. All animals at Santa Fe animal shelter are examined by the shelter’s veterinary team, who provide detailed medical records of any…

Poll shows Californians know little about state health insurance exchange, benefits [The Sacramento Bee]

August 22, 2013

Aug. 21– Less than two months before California’s health insurance exchange opens for enrollment under the federal health care overhaul, three-quarters of voters under age 65 say they’ve heard little or nothing about the exchange, according to a new Field Poll. Yet as Oregon, Nevada and other states have began marketing campaigns to promote their exchanges,…

Settlement means another $1.475 million for Floyd Brown [The News & Observer (Raleigh, N.C.)]

August 22, 2013

Anson County and its insurers paid $1.475 million to Floyd Brown, the mentally disabled man jailed in a psychiatric hospital for 14 years based on a confession that his lawyers said was fabricated by an SBI agent and two county sheriff’s deputies. When added to a $7.85 million settlement paid by the State Bureau of Investigation and its insurers, Brown has been…

Settlement means another $1.475 million for Floyd Brown [The News & Observer (Raleigh, N.C.)]

August 22, 2013

Aug. 22– Anson County and its insurers paid $1.475 million to Floyd Brown, the mentally disabled man jailed in a psychiatric hospital for 14 years based on a confession that his lawyers said was fabricated by an SBI agent and two county sheriff’s deputies. When added to $7.85 million settlement paid by the State Bureau of Investigation and its insurers, Brown has…

WHITE MOUNTAINS INSURANCE GROUP LTD FILES (8-K) Disclosing Other Events

August 22, 2013

The Company extended its previously disclosed offer to acquire the interests in Clal Insurance Enterprises Holdings Ltd. owned by IDB Development Corporation Ltd. until 5:00 p.m. Tel Aviv time on August 25, 2013.

Pittsburgh Post-Gazette Brian O’Neill column [Pittsburgh Post-Gazette]

August 22, 2013

I spent a good part of Wednesday trying to get people to talk about a proposed state law that would force Highmark and UPMC to play nice together. In other words, you could take your Highmark insurance to any UPMC hospital. You could take your UPMC Health Plan insurance to any hospital under the Highmark umbrella.

Health Insurance Marketplace Goes Live in October [New Jersey Business (NJ)]

August 22, 2013

For small businesses, 2014 signals the beginning of increased accessibility to health insurance coverage with an added mechanism for securing it for employees: the exchange, now known as the Health Insurance Marketplace. In New Jersey, businesses of all sizes provide 54 percent of the population with health insurance coverage. In New Jersey, more than 1…

Pennsylvania Commends MassMutual’s Compliant Business Practices

August 22, 2013

“MassMutual was already using the DMF for more than two decades,” Insurance Commissioner Mike Consedine said, adding that MassMutual’s business practice was what the industry should have been doing all along. “MassMutual took its commitment and promise of protection seriously, using this information to locate and pay beneficiaries.” MassMutual’s exam was…

La Crosse meeting aims to get health insurance enrollment on track [La Crosse Tribune, Wis.]

August 22, 2013

That’s the observation of Mari Freiberg, executive director of Cashton- based Scenic Bluffs Community Health Centers, which received an $86,467 federal grant to help enroll uninsured people starting Oct. 1 for coverage beginning Jan. 1. Scenic Bluffs, which serves La Crosse, Monroe and Vernon counties, will use the grant to help 1,620 people obtain coverage in…

Issa, Lankford and Jordan Statement on Disability Fraud Ring Bust

August 22, 2013

WASHINGTON- Federal agents arrested dozens of individuals and handed down 73 indictments this morning as part of an investigation into Social Security Disability Insurance program abuse. House Oversight and Government Reform Committee Chairman Darrell Issa, R- Calif., Entitlements Subcommittee Chairman James Lankford, R- Okla., and Economic Growth…

Blue Cross to target childhood obesity [The Kansas City Star]

August 22, 2013

Aug. 21– Childhood obesity– a major public health problem– is in the crosshairs of a pilot program by Blue Cross and Blue Shield of Kansas City and the Alliance for a Healthier Generation. Controlling childhood obesity dovetails with two big national efforts– the push by first lady Michelle Obama to encourage healthier diets for children, and preventive efforts…

Sophisticated flood maps difficult to decipher [Houston Chronicle]

August 22, 2013

Aug. 22– Earlier this summer, before Jack Boze lost a buyer for his Kemah home to a surprisingly high flood insurance quote, he got online to see whether the odds that his waterfront property would flood had increased. The retired NASA senior executive had just learned at his local Rotary Club meeting that the Federal Emergency Management Agency had drawn new…

Health Insurance Innovations Strengthens Product Portfolio With Addition of ‘Principle Advantage’ to Address Specialty Insurance Markets

August 22, 2013

TAMPA, Fla., Aug. 22, 2013– Health Insurance Innovations, Inc.,, an industry leader in the sale of Short- Term Medical plans, today announced the launch of Principle Advantage Limited Benefit Health Insurance with Companion Life Insurance Co., a specialist in the employee benefit market for over 40 years. Principle Advantage is an impactful new addition to Health…

HealthSource RI Announces Approved Plans and Rates

August 22, 2013

HealthSource RI has signed agreements with three insurance carriers- Blue Cross& Blue Shield of Rhode Island, United HealthCare, and Neighborhood Health Plan of Rhode Island- to offer 28 plans through the exchange; 12 on the individual market and 16 through the Small Business Health Insurance Options Program. Blue Cross and Neighborhood Health Plan will offer…

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