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Decision delayed on health insurer bill

April 29, 2016

House Bill 2740, which would establish pre-authorization standards for all Hawaii health insurers, was heard Wednesday and Thursday by a conference committee but deferred until 10 a.m. today as legislators try to reach a compromise on a final version of the bill. Legislators drafted the measure after the Honolulu Star-Advertiser wrote a story in January…

2015 Annual Report Published for Pacific Life Funding, LLC

April 29, 2016

Pacific Life Funding, LLC has posted its 2015 Annual Report on its website at www.PacificLifeFunding.com/AnnualReports. Pacific Life Funding, LLC was incorporated in 1998 as an issuer of senior debt instruments under a U.S. $8,000,000,000 program. Pacific Life Funding, LLC is not a subsidiary of Pacific Life Insurance Company, or any of its subsidiaries or…

Schools switch workers comp carriers; $37K savings expected next year

April 29, 2016

April 29– After 27 years with the same workers compensation insurance carrier, the Helena Public Schools Board of Trustees broke with tradition at Tuesday night’s school board meeting and voted to switch providers. HPS will switch to PayneWest/Montana State Fund for the coming fiscal year instead of staying with its current carrier Montana Schools Group…

Pennsylvania Celebrates One-year Anniversary of Medicaid Expansion

April 29, 2016

HARRISBURG, Pa., April 29, 2016/ PRNewswire-USNewswire/– Today, the Department of Human Services celebrated the one-year anniversary of the commonwealth’s Medicaid expansion. HealthChoices is Pennsylvania’s mandatory Medicaid managed care program since 1997.. “Because of the expansion of Medicaid, hundreds of thousands of people have a brighter future and…

Rehabilitation Robots Market 2016-2020: Global Industry Growth, Size and Report Forecast

April 29, 2016

Rehabilitation Robot Market 2016 size at $203.3 million is Projected grow $1.1 billion by 2021 Deerfield Beach, FL—- 04/29/2016– A new study Rehabilitation Robots Market Shares, Strategy, and Forecasts, Worldwide, 2014 to 2020. The 2015 study has 659 pages, 266 tables and figures. Worldwide markets are poised to achieve significant growth as the rehabilitation…

FAST Bests All Competitors in Aite Group Report

April 29, 2016

FAST, a leading provider of componentized software for the life and annuity industry, announced today that it has been presented with a vendor award for being the industry“ Leader in Conversion Options” by Aite Group, a prominent research and advisory firm serving the financial services market, as part of their 2016 report“ Life Insurance Policy Administration…

A.M. Best Revises Issuer Credit Rating Outlook to Positive for Members of Central Insurance Companies

April 29, 2016

A.M. Best has revised the issuer credit rating outlook to positive from stable and affirmed the financial strength rating of A and the ICRs of“ a” of Central Mutual Insurance Company and All America Insurance Company, which are collectively referred to as Central Insurance Companies. Both companies are domiciled in Van Wert, OH. The outlook for the FSR remains…

A.M. Best Revises Outlook to Positive for Wilton Re Ltd and Its Subsidiaries

April 29, 2016

A.M. Best has revised the outlooks to positive from stable and affirmed the financial strength rating of A and the issuer credit ratings of “a+” for Wilton Reinsurance Bermuda Limited, Wilton Reassurance Company, Texas Life Insurance Company, Wilton Reassurance Life Company of New York, Wilcac Life Insurance Company and Wilco Life Insurance Company,…

BRIEF: County facing big insurance increase

April 29, 2016

April 28– Stokes County will have to pay $232,560 more for employee health insurance next year, a 15 percent increase over this year’s insurance costs. County Clerk Darleen Bullins said that the rate was the best the county would be able to get, due partially to high claims this year but also to increasing costs as a result of the Affordable Care Act.

Allied Trust Insurance Company Chooses WaterStreet Company in Texas Rollout of Property & Casualty Insurance Offerings

April 29, 2016

WaterStreet will assist Allied Trust Insurance in customizing coverages and billing options while raising the bar on quality of service. We found that WaterStreet’s comprehensive, full-service solution delivers all the tools and resources we need with a quoting platform that has excellent ease of use for both our agents and policyholders. “

A.M. Best Affirms Ratings of Halyk-Life, Life Insurance Subsidiary Company of Halyk Bank of Kazakhstan, JSC

April 29, 2016

A.M. Best has affirmed the financial strength rating of B+ and the issuer credit rating of“ bbb-” of Halyk-Life, Life Insurance Subsidiary Company of Halyk Bank of Kazakhstan, JSC. Halyk-Life is a wholly owned subsidiary of JSC Halyk Bank, a leading retail bank also domiciled in Kazakhstan. As a result of Halyk-Life’ s substantial premium growth of approximately 40%…

Allianz Worldwide Partners Hong Kong Launch Brings Top-notch Services to Local Customers

April 29, 2016

By a News Reporter-Staff News Editor at Journal of Transportation– With the recent launch of Allianz Worldwide Partners Limited, Allianz Worldwide Partners is now accelerating the development of its business in the Hong Kong market. Despite its recent entry into Hong Kong, the company has a longstanding reputation in the insurance and assistance market as…

The Penn Mutual Life Insurance Company Announces Sponsorship of The Rugby Business Network

April 29, 2016

By a News Reporter-Staff News Editor at Insurance Weekly News– The Penn Mutual Life Insurance Company announced its sponsorship of The Rugby Business Network, a not-for-profit organization for senior business leaders with a passion for rugby. This is Penn Mutual’s latest connection with the fastest growing sport in America, after establishing a…

Lincoln National Corp. Files SEC Form DEFA14A, Additional Definitive Proxy Soliciting Materials And Rule 14(A)(12) Material (Apr. 15, 2016)

April 29, 2016

By a News Reporter-Staff News Editor at Insurance Weekly News– According to news reporting originating from Washington, D.C., by VerticalNews journalists, a U.S. Securities and Exchange Commission filing by Lincoln National Corp. was posted on April 14, 2016. The SEC file number is 0001193125-16-541744.. A U.S. Securities and Exchange Commission filing is a…

Kinsale Insurance Names Stephen Manahan To Lead Excess & Surplus Lines Property

April 29, 2016

By a News Reporter-Staff News Editor at Insurance Weekly News– Kinsale Insurance Company is pleased to announce that Stephen Manahan has been named Senior Vice President of Excess& Surplus Lines Property. He was educated at Oatlands College in Dublin, Ireland. Keywords for this news article include: Kinsale Insurance Company.

QBE North America Appoints Glenn Skrynecki as Senior Vice President, Standard Lines Programs

April 29, 2016

By a News Reporter-Staff News Editor at Insurance Weekly News– QBE North America, an operating division of QBE Insurance Group, announced that Glenn Skrynecki has been appointed to lead their Standard Lines Property& Casualty Program business as Senior Vice President. Based in New York, NY, Mr. Skrynecki will report to Kathleen O. Zortman, President, Standard…

Modification to a Previous Presolicitation Notice – contact Center Operations – Request for Information

April 29, 2016

Office Address: Department of Health and Human Services; Centers for Medicare& Medicaid Services; Office of Acquisition and Grants Management; 7500 Security Blvd.C2-21-15 Baltimore MD 21244-1850. Description: Department of Health and Human Services. This RFI is modified as of 04/28/2016: 1.

Metropolitan Life Insurance Co Files SEC Form S-3, Registration Statement Under Securities Act of 1933 [Amend] (Apr. 14, 2016)

April 29, 2016

By a News Reporter-Staff News Editor at Insurance Weekly News– According to news reporting originating from Washington, D.C., by VerticalNews journalists, a U.S. Securities and Exchange Commission filing by Metropolitan Life Insurance Co was posted on April 14, 2016. The SEC file number is 0001193125-16-541232.. A U.S. Securities and Exchange Commission…

Principal Financial Group Inc. Files SEC Form SC 13G, Statement of Acquisition of Beneficial Ownership By Individuals [Amend] (Apr. 14, 2016)

April 29, 2016

By a News Reporter-Staff News Editor at Managed Care Weekly Digest– According to news reporting originating from Washington, D.C., by NewsRx journalists, a U.S. Securities and Exchange Commission filing by Principal Financial Group Inc. was posted on April 14, 2016. A U.S. Securities and Exchange Commission filing is a formal document or financial statement…

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