OneBeacon Professional Insurance, a member of OneBeacon Insurance Group, Ltd., today announced that new editions of its primary health care professional liability policy forms are available through affiliated writing companies. Many of the updates to these policies streamline the insurance contract and seek to address the changing coverage needs in the…
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Online Insurance Marketplace has released a blog explaining the basics of burial life insurance! Burial insurance offers permanent coverage, which means that the policy does not expire as long as clients continue paying the premiums. The coverage is guaranteed and the premiums stay the same throughout the policy’ s term.
Lowers Risk Group, a leading enterprise risk management company, is confirmed as a Founding Sponsor of the inaugural conference for the Secure Cash and Transport Association. Along with other founding sponsors, Lowers Risk Group has dedicated significant contributions to bring both the event and association to life. Mark Lowers, CEO and President of Lowers…
Insurance Insight Group, an insurance marketing strategy, training, and product development firm, has announced the addition of three life insurance and annuity marketing strategists to support carriers and marketing organizations across the United States: Stacy Berenguel, Lindsay Meleshko, and Amy Kennel. “Speed to market and differentiation are…
hCentive, the leader in ACA health insurance exchange technology, announced today that it formed a new relationship with Geisinger Health Plan, a leading health insurance provider, for WebInsure Exchange Manager and WebInsure Private Exchange. “We are very pleased to work with GHP to offer them our exchange integration and private exchange solutions,” said…
W. P. Carey Inc., a leading provider of corporate sale-leaseback financing, announced today that two of its publicly-held, non-traded REIT affiliates, CPA ®: 17– Global and CPA ®: 18– Global, have acquired the State Farm Operation Center from State Farm Mutual Automobile Insurance Company. The building, located in Austin, Texas, is leased to State Farm for an initial…
The examination of MassMutual began in December 2012 and was managed by New Hampshire as part of the ongoing efforts being guided and coordinated by the National Association of Insurance Commissioners Life/Annuities Claim Settlement Practices Task Force…
The next move for medical cost trends could be sharply higher, according to a new study released by Assured Research, a firm that analyzes the property/casualty insurance industry. “While it is true that medical inflation is near a 50- year low, that doesn’ t mean it has been tamed,” asserts Assured president William Wilt.“ We believe the recession and wage stagnation…
A consumer protection lawsuit that would bar Blue Cross from changing “any term or benefit” of consumers’ health plans each month may proceed, a Los Angeles Superior Court judge has ruled…
The professionals at J&B Medical Supply, a leading distributor of incontinence, diabetes and urological medical supplies, has recently added“ Victor,” the Victor Automatic Voice System, to its staff. The Victor System aids customers who are in need of medical supplies in choosing how and when their supplies are ordered. For those who rely on medical supplies,…
RxAdvance, a pharmacy benefit management company, has expanded its executive management team with industry veterans Prakash Tallabattula, who joins as executive vice president and chief technology officer; Frank Shiraldi, who will serve as executive vice president and chief pharmacy officer; and Christine Kyle, who will be executive vice president and…
By combining the power of automation for the title insurance industry with real estate and local market data mining, NextAce announced the immediate availability of SearchQ for the consumer market. “Like a Carfax for homes, SearchQ puts real estate details in the consumer’s hands, giving them the ability to be better prepared to make pricing and location…
RxAdvance, a pharmacy benefit management company, announced that it has expanded its executive management team with industry veterans Prakash Tallabattula, who joins as EVP and chief technology officer; Frank Shiraldi, who will serve as EVP and chief pharmacy officer; and Christine Kyle, who will be EVP and chief marketing officer. According to a release,…
International health insurer Allianz Worldwide Care announced that it has launched an interactive online map highlighting the key partnerships, which it has established to provide multinational clients with locally compliant healthcare plans. In 2013, Allianz Worldwide Care established a number of new partnerships to be able to provide corporate…
Prudential Financial, Inc., which does business as Pramerica in selected countries outside the U.S., and Bank Simpanan Nasional announced they have reached agreement for Prudential’s U.S. insurance company, The Prudential Insurance Company of America, and BSN to purchase 100 percent of Uni.Asia Life Assurance Berhad’s issued and paid-up ordinary share…
Most academic experts in risk and insurance regard the prior-approval rate regulation of auto insurance markets as unnecessary and ineffective, according to a new Insurance Research Council study. Sharon Tennyson of Cornell University, a majority of participating experts expressed the view that prior-approval rate regulation is not necessary to…
Aug. 20– Cigna Corp. will require customers to get genetic counseling before the health insurer pays for extensive testing to determine if they have genes associated with breast cancer, ovarian cancer, colorectal cancer or a heart condition called Long QT syndrome. In medicine, there’s a wide variety of genetics testing, and Cigna will continue to pay for many…
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I was disgusted by the language used by your reporter, Karen Shuey, in the story in which she refers to Obamacare as “a new health-insurance entitlement program.” I am aware that Lancaster County is a primarily Republican-based area, but the newspaper needs to be reporting without appearing biased. I, myself, am not a fan of Obamacare simply because it allows…
