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Symetra Introduces Lapse Protection Benefit to Classic Universal Life Insurance Product

July 3, 2012

Symetra Life Insurance Company today announced the addition of a new lapse protection benefit to its cash value universal life insurance product, Symetra Classic UL. The optional rider guarantees that life insurance coverage will continue for any selected period up to the customer’ s lifetime, even if the cash value becomes insufficient to pay monthly…

A.M. Best Affirms Ratings of Ageas Insurance Company (Asia) Limited

July 3, 2012

A.M. Best Co. has affirmed the financial strength rating of A- and issuer credit rating of“ a-” of Ageas Insurance Company Limited. The outlook for both ratings is stable. The parent group, Ageas N.V., injected USD 130 million in 2011 to strengthen AICA’ s capitalization and solvency.

A.M. Best Affirms Ratings of Union Medical Benefits Society Limited

July 3, 2012

A.M. Best Co. has affirmed the financial strength rating of A- and issuer credit rating of“ a-” of Union Medical Benefits Society Limited. The outlook for both ratings is stable. Best’ s opinion, UniMed will maintain its capitalization at a strong level.

Combined Insurance Company of America Medicare Supplement Now Available through Precision Senior Marketing

July 3, 2012

  Precision Senior Marketing is now a national distributor of the new Combined Insurance Medicare Supplement product. Scheduled for broad…

Nationwide, Allied Recent Storm Claims Top More Than 9,000

July 3, 2012

Nationwide and Allied Insurance customers are getting assistance from claims representatives and agents in response to damages caused by recent severe weather…

Lockton “Melts the Risk” of local troubled teens in partnership with St. John’s School of Risk Management

July 3, 2012

NEW YORK, July 3, 2012/ PRNewswire/– Lockton Insurance’s Risk Leadership Development Program, founded by company Vice President Marianne Halvorsen, held its first inaugural charity event at Mia Chef Gelateria in Manhattan on June 19th, 2012. Inspired by the hot weather and the cold gelato, the “Melt the Risk” Charity event was organized and executed by three St….

A.M. Best Upgrades Ratings of Dental Care Plus, Inc.

July 3, 2012

A.M. Best Co. has upgraded the financial strength rating to B from B- and issuer credit rating to“ bb” from“ bb-” of Dental Care Plus, Inc. Furthermore, DCP’ s capitalization also improved in the first quarter of 2012, due to a capital contribution of $300,000. As a dental insurance carrier and vision service provider, DCP’ s business is written in two states with a…

RITE AID CORP – 10-Q – Management’s Discussion and Analysis of Financial Condition and Results of Operations

July 3, 2012

Net loss for the thirteen week period ended June 2, 2012 was $28.1 million compared to the net loss of $63.1 million for the thirteen week period ended May 28, 2011. The increase in SG&A is due to the reversal of the tax indemnification asset, litigation charges and a shift in the Memorial Day holiday. Revenue increased 1.2% for the thirteen week period ended June…

MiddleOak Selects Guidewire Solution for Underwriting and Policy Administration

July 3, 2012

MIDDLETOWN, Conn.& SAN MATEO, Calif.—- MiddleOak ®, a provider of Personal, Commercial and Specialty insurance, and Guidewire Software, Inc., a provider of core system software to Property/Casualty insurers, today announced that MiddleOak has selected Guidewire PolicyCenter ® as its new underwriting and policy administration solution. “We were looking for a…

Branstad Signs Executive Order 78 Establishing State Workers may Voluntarily Pay 20 Percent of Health Care Insurance Premiums

July 3, 2012

Terry Branstad, R- Iowa, has issued the following news release:. Terry Branstad today signed Executive Order 78, which allows state workers to voluntarily pay 20 percent of their health care insurance premium. According to the Department of Administrative Services, 88 percent of state workers do not contribute anything toward their health insurance premium,…

UANI Reveals Lebanese State-Sponsored Iran/Hizballah Money Laundering Scheme that Fraudulently Supports Lebanon’s Sovereign Debt Market, Calls for Bondholder Divestment

July 3, 2012

Lebanon has employed a state-sponsored money laundering scheme to“ wash” Iranian and Hizballah illicit monies, in order to artificially and fraudulently support Lebanese debt securities. Given its financial fraud in support of Iran and Hizballah, UANI additionally calls for Lebanon to be cut off from the U.S. financial system under Section 311 of the USA…

Hail storm leaves mark [The Fayetteville Observer, N.C.]

July 3, 2012

July 03– Fayetteville insurance offices and auto repair shops were flooded with hundreds of calls Monday, a day after large hail battered parts of the city. In neighborhoods from Haymount to west Fayetteville, hail as large as tennis balls dented cars, cracked windshields and damaged homes. Elizabeth Penney, office manager for State Farm Insurance on North…

Former Deputy Insurance Commissioner Charged with Racketeering in Operation Blighted Officials

July 3, 2012

RICHARD L. CHAMBERS, SR., age 67, of LaPlace, Louisiana, has been charged in a Bill of Information with using an interstate facility in aid of racketeering, in violation of Title 18, United States Code, Section 1952, and forfeiture, pursuant to Title 18, United States Code, Section 982. CHAMBERS faces up to five years in prison, three years of supervised release…

Unsettling [Sunday News (Lancaster, PA)]

July 3, 2012

[email protected] On a sweltering summer evening, the four Metzger children seem perfectly content cooling off in a backyard pool. One year ago today, a West Lampeter Township car wash exploded, damaging Charles and Dianne Metzger’s mobile home of 21 years beyond repair- and shaking the foundation of their lives. And the family has endured major…

KQ Insurance Services Releases Video on California Individual Health Insurance

July 3, 2012

On June 28, 2012, KQ Insurance Services posted a video on YouTube to help California individual health insurance shoppers with the process of finding the right California Private Health Insurance Plan. KQ currently has become successful in helping consumers find Affordable Medical Insurance through many social media outlets, including Facebook, Twitter,…

PMIC Announces Release of New CDT 2013 Dental Procedure Coding System

July 3, 2012

Los Angeles, CA July 03, 2012. CDT codes are revised annually by the American Dental Association and are mandated by the Health Insurance Portability and Accountability Act or HIPAA. About Practice Management Information Corporation:.

Blue Shield of California Expands Specialty Benefits RAF Program

July 3, 2012

Blue Shield of California is now offering new and renewing Blue Shield clients a 2.5% RAF discount off their medical rate when they purchase dental and vision coverage with Blue Shield at the same time as their medical coverage. Compare Health Insurance is a California health insurance broker which represents Blue Shield and advises California businesses…

Proposed skywalk backed [Milwaukee Journal Sentinel]

July 3, 2012

July 03– A proposed skywalk for Northwestern Mutual Life Insurance Co.’ s expanding downtown Milwaukee campus won preliminary approval Monday from a city panel. The skywalk would cross Van Buren St. with a 22- foot clearance, five feet higher than the minimum clearance required by the state Department of Transportation, attorney Brian Randall, representing…

Maine’s Bureau Of Insurance Says Companies Sold Fraudulent Health Insurance

July 3, 2012

After consumer complaints of unpaid medical bills, the bureau investigated United States Contractors Trust, Real Benefits Association, Metropolitan Business Alliance LLC, and Access Health Now…

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