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Despite SBI settlement in Brown case, discredited agent is still on the job [The News & Observer (Raleigh, N.C.)]

August 18, 2013

Aug. 18– The misconduct of State Bureau of Investigation Agent Mark Isley has rung up all sorts of costs: a $7.85 million payout for taxpayers and their insurers; 14 years behind bars for an innocent man with a severe mental disability; and another scar for law enforcement. Jim Coleman, a Duke University law professor and co-director of the Wrongful Convictions…

Wells Fargo Insurance Introduces New Financial Protection Products for Intellectual Property [Professional Services Close – Up]

August 18, 2013

Wells Fargo Insurance, part of Wells Fargo& Company, announced the launch of revENSURES and ANDAfend insurance products: two new strategic solutions from its Professional Risk Group, Intellectual Property Risk Mitigation Practice. “At Wells Fargo Insurance, our vision is to help our customers succeed financially by protecting what they value most,” said Simon…

Title365 Appoints Chief Compliance Officer [Professional Services Close – Up]

August 18, 2013

Title365 Company, a nationwide provider of title insurance and escrow services, announced that Clay White has been promoted to Chief Compliance Officer. Prior to joining Title365, White served as Vice President of Quality Assurance and Control at LPS where he oversaw operations compliance at the business unit level for LPS Default Title and Closing, Agency…

A.M. Best Places Ratings of Fidelity Life Assurance Company Limited Under Review [Professional Services Close – Up]

August 18, 2013

A.M. Best expects the under review status to be resolved after Fidelity Life provides more information for A.M. Best to review. The methodology used in determining these interactive ratings is Best’s Credit Rating Methodology, which provides a comprehensive explanation of A.M. Best’s rating process and contains the different rating criteria employed in…

Network Health Unveils Individual/Family Line-of-Business Using JET Insure [Professional Services Close – Up]

August 18, 2013

Wisconsin- based healthcare payer Network Health is ahead of the curve when it comes to 2014 PPACA compliance thanks to their implementation of JET Insure. By recently launching the individual and family plans module, Network Health establishes a lead against other payers in the race to comply with the new healthcare regulations. Network Health offers…

A.M. Best Revises Issuer Credit Rating Outlook to Negative for Florists’ Mutual Insurance Company and Its Subsidiary [Manufacturing Close – Up]

August 18, 2013

A.M. Best Co. has revised the outlook to negative from stable and affirmed the issuer credit ratings of “bbb+” of Florists’ Mutual Insurance Company and its reinsured subsidiary, Florists’ Insurance Company. Concurrently, A.M. Best has affirmed the financial strength rating of B++ of both companies. Both companies are domiciled in Edwardsville, IL..

Growth a priority [The Sanford Herald, N.C.]

August 17, 2013

Williams said, he learns more and gets better at his job. Williams, who has been on the council since 1995, is the incumbent for the Ward 3 seat and is facing challenger Ervin Fox in the Democratic primary; the winner will take the seat because there’s no Republican challenger. Listing companies which supposedly considered Sanford but eventually went elsewhere–…

Highmark Swells Pa. Insurance Plan’s Reach

August 17, 2013

Highmark, like any bestriding world colossus, is finding that big wars are fought in multiple theaters…

FERC Order to CalPeak Companies on Notice of Change in Status

August 17, 2013

CalPeak Power- Vaca Dixon LLC. You state that Polaris Energy has acquired 100 percent of the interest in Plains End, LLC, Plains End II, LLC, and Rathdrum Power. You further state that Polaris Energy acquired 35 percent of the interest in both of LSP-Whitewater Limited Partnership and LSP-Cottage Grove, L.P. You further state that Polaris Energy is owned by Polaris…

2016 campaign checklist: Who’s doing what

August 17, 2013

Martin O’Malley; and for the Republicans, former Florida Gov. Jeb Bush, New Jersey Gov. Paul Ryan and Wisconsin Gov.

Markel Ventures acquires Eagle Construction [Richmond Times-Dispatch, Va.]

August 17, 2013

Aug. 17– The founders and managers of Eagle Construction of Virginia LLC, a homebuilder in central Virginia and Tidewater, said the company’s acquisition by Markel Ventures Inc. provides it with the resources it needs to grow. Markel Ventures, the investment subsidiary of Henrico County- based specialty insurer Markel Corp, announced the acquisition Friday.

Meiji Yasuda Life Insurance to Offer 30K Fujitsu Tablets to Sales Personnel [Professional Services Close – Up]

August 17, 2013

Microsoft Corp. has announced that Meiji Yasuda Life Insurance Company is deploying approximately 30,000 Windows 8 tablets as new sales devices for its sales personnel under close cooperation between Fujitsu Limited and Microsoft Japan Co.. As part of an effort to enhance its customer service experience, Microsoft noted that Meiji Yasuda reviewed its…

A.M. Best Amends Issuer Credit Rating Outlook to Negative for Florists’ Mutual Insurance Company and Its Subsidiary [Professional Services Close – Up]

August 17, 2013

A.M. Best Co. reported that it has revised the outlook to negative from stable and affirmed the issuer credit ratings of “bbb+” of Florists’ Mutual Insurance Company and its reinsured subsidiary, Florists’ Insurance Company. In a release, A.M. Best noted:. Concurrently, A.M. Best has affirmed the financial strength rating of B++ of both companies.

EmblemHealth and Advance Care Alliance Collaborate to Manage Integrated Services for Persons with Intellectual and Developmental Disabilities [Manufacturing Close – Up]

August 17, 2013

EmblemHealth, a health insurer, and Advance Care Alliance, a newly formed entity owned in partnership by Advance of Greater New York; Alliance Care Network and Long Island Alliance comprised of more than 75 not-for-profit service providers who have a history of working with the New York State Office of Persons with Developmental Disabilities, have…

Research and Markets Offers Report: Trends and Opportunities in the Philippines Personal Accident and Health Insurance Industry to 2016: Market… [Manufacturing Close – Up]

August 17, 2013

Research and Markets Offers Report: Trends and Opportunities in the Philippines Personal Accident and Health Insurance Industry to 2016: Market Profile. Research and Markets has announced the addition of the “Trends and Opportunities in the Philippines Personal Accident and Health Insurance Industry to 2016: Market Profile” report to its offerings.

Travelers Files Suit Against Reinsurance Co. For $675K

August 16, 2013

Travelers Insurance filed a lawsuit in federal court against Excalibur Reinsurance Corp. for $675,000…

BRIEF: UPMC Health Plan opens store in Millcreek Mall [Erie Times-News, Pa.]

August 16, 2013

Aug. 16– UPMC Health Plan has opened a store in the Millcreek Mall as the Pittsburgh- based health insurer prepares for changes under the Affordable Care Act. The store officially opened Aug. 4 and is one of six located in western Pennsylvania shopping malls. UPMC Health Plan also has an office in downtown Erie at the Boston Store Place, 716 State St..

Scholarship fund created for Wells Fargo exec who died on business trip [The Charlotte Observer]

August 16, 2013

Aug. 16– A scholarship fund is being created in memory of a Wells Fargo executive who died this week, family members said. Anne Doss, who headed Wells Fargo’s personal and small-business insurance division, was on a business trip for the bank when she died in a Sofitel hotel in Bloomington, a city south of Minneapolis. San Francisco- based Wells, which has its East Coast…

Convicted Fort Lauderdale executive gets 15 years for ‘lavish’ money-laundering plot [The Miami Herald]

August 16, 2013

Aug. 16– Steven Steiner, a one-time executive for a Fort Lauderdale insurance brokerage business that fleeced hundreds of millions of dollars from investors, was sentenced Friday to 15 years in federal prison. Steiner, 61, was convicted earlier this year of conspiring to launder millions swindled from thousands of investors to support his expensive…

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