An oft-overlook and relatively unknown federal program for hospitals seeking capital for needed and necessary projects offers tremendous cost-of-capital and market access benefits. The qualified team of bankers at AMS Health Care Mortgage Corporation, has successfully guided dozens of clients representing $8.5 billion of transactions through the…
Newswires
Aug. 30– As Naaman Durham lay unconscious in Sacred Heart Hospital in the final weeks of his life, his sister stood vigil, deeply troubled by the many questions she had. Mayola Nash never got any answers from hospital employees and only began to grasp the horrifying possibilities of her brother’s care at Sacred Heart when federal investigators called her in April.
A.M. Best Co. has upgraded the financial strength rating to A from B+ and issuer credit rating to “a+” from “bbb-” of German Mutual Insurance Company, following its affiliation with Goodville Mutual Casualty Company effective July 1. Concurrently, A.M. Best has affirmed the FSR of A and ICR of “a+” of Goodville Mutual. Going forward, the pooled companies will be known as the…
AmeriHealth New Jersey and The Guardian Life Insurance Company of America, a mutual life insurer and a provider of employee benefits, have formed a strategic relationship to provide Guardian’s specialty insurance products to AmeriHealth New Jersey’s members and employer groups. The benefits will be available to employers with 51 or more enrolled members…
Generali US Branch, the US operations of Assicurazioni Generali S.p.A., an insurance provider, and Instec, a provider of P&C insurance platforms, announced that Generali has migrated its Commercial Auto and Liability lines of business to Instec’s Quicksolver Cloud policy administration platform running on Microsoft’s Windows Azure cloud platform.
Earnix, a provider of integrated pricing and customer analytics solutions for banking and insurance, on August 21 released the results of its latest industry survey: 2013 North American Auto Insurance Pricing Benchmark Survey. Responses were collected from 73 executives and pricing professionals representing insurance companies that sell auto…
Safety National Casualty Corp., a company focusing in excess workers’ compensation and significant provider of treaty reinsurance and large casualty offerings, announced that A.M. Best has upgraded the Company’s financial strength rating to A+ from A. According to A.M. Best, the upgrade is a result of Safety National’s operating performance, sound…
A.M. Best Co. has affirmed the financial strength rating of A and issuer credit rating of “a+” of Scotia Insurance Limited. Scotia Re principally reinsures credit insurance policies underwritten by third-party life insurance carriers on consumer loans originated by Canadian, Latin American and Caribbean retail branches of Scotiabank.
International Financial Group has announced that Barbara Rezner has joined its Wholesale Insurance Group, IFGWSM, as Vice President and Chief Compliance Officer. According to a release, Rezner’s experience includes Counsel at the Connecticut Insurance Department over the past year; plus ten years as an adjunct professor at University of Connecticut…
Research and Markets has announced the addition of the ” Travel Insurance and Assistance in the UAE” report to its offerings. In a release, Research and Markets noted that report highlights include:. This report analyses the current status and likely future development of the market for stand-alone travel insurance policies in the UAE.
Aug. 29– AutoNation announced Thursday that beginning in January, it will insure the spouses– both same-sex and opposite sex– of all legally married employees, regardless of whether their state of residence recognizes gay marriage. For years, gay-rights activists criticized AutoNation for not offering domestic-partner benefits to same-sex partners.
Aug. 29– CONCORD– Local Government Center board members asked a legislative oversight committee to clarify sections of state law governing its self-insured risk pools for health, property, liability and workers compensation insurance. The Committee to Review the Hearings Officer’s Report with Regard to the New Hampshire Local Government Center heard…
Pursuant to these agreements, Mr. Dawes receives $275,000 and Mr. Williams receives $282,000 in annual base salary, each are eligible to receive an annual bonus calculated as a percentage of his base salary based upon the achievement of certain performance targets, and each is also eligible to participate in our health, life and disability insurance, and…
TAMPA, Fla., Aug. 29, 2013– Homeowners Choice Property& Casualty Insurance Company, Inc., a wholly-owned insurance subsidiary of HCI Group, Inc., has been approved by the Florida Office of Insurance Regulation to assume 50,373 policies from Citizens Property Insurance Corporation, Florida’s state-operated insurance company. “Policy assumptions from Citizens…
SUMMARY: The Federal Crop Insurance Corporation proposes to add a provision to its regulations that provides forage seed insurance. *Mail: Tim Hoffman, Director, Actuarial and Product Design Division, Risk Management Agency, United States Department of Agriculture, P.O. Box 419205, Kansas City, MO 64141-6205..
Aug. 29– The number of Oklahomans under the age of 65 who didnt have health insurance increased by more than 4,000 in 2011 compared to the previous year, according to a U.S. Census Bureau report issued Thursday. Nationwide, state-level uninsured rates for the population under age 65 ranged from Massachusetts’ rate of 4.9 percent to Texas’ rate of 25.7 percent.
On August 28, 2013 the Board of Directors of Crexendo, Inc. elected Jeffrey P. Bash as a member of the Board, effective August 28, 2013. Mr. Bash, age 71, is a long time investor in the Company. Prior to 2006, Bash was a Corporate Vice President& Actuary for New York Life Insurance Company, becoming a Fellow of the Society of Actuaries from 1970 until his retirement in…
CFR Part: “7 CFR Part 457”. SUMMARY: The Federal Crop Insurance Corporation proposes to add a provision to its regulations that provides forage seed insurance. EFFECTIVE DATE: Written comments and opinions on this proposed rule will be accepted until close of business September 30, 2013, and will be considered when the rule is to be made final.
Founded in Michigan by Greg Nulty, Nulty Insurance has been focusing on bringing clients the best of insurance options with the most personal service the insurance industry can provide. Nulty Insurance is confident this new technology will further enhance its services and insurance solutions. Nulty Insurance desires to make the insurance shopping…
