Newswires

Construction audits are performed by many organizations as an integral part of their construction cost control program. However, there are still many organizations who do not audit the books and records of their construction contractors. It is the rare organization that has not experienced problems with at least some of their construction projects.

Treliant Risk Advisors has hired Natalie Buck, Evan Drexler, Donna Canales and Renee Martin. -Evan Drexler, Manager, specializes in providing litigation support services to law firm and financial services clients regarding high-volume mortgage put-back projects, mortgage insurance rescission disputes, and mortgage litigation matters.

A.M. Best Co. has assigned a financial strength rating of B+ and an issuer credit rating of “bbb-” to Galen Insurance Company. A.M. Best believes that potential loss reserve redundancies are an attribute that may contribute to Galen building surplus over time. A.M. Best expects the ratings for Galen to remain stable in the medium term.

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…

Safety National Casualty Corp., a company focusing on 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 strong operating performance, sound…

The New Jersey Hospital Association unveiled its new online Healthcare Reform Resource Center to help New Jersey residents without health insurance access new coverage options under the Affordable Care Act. NJHA’s Healthcare Reform Resource Center is a centralized hub for information, key dates and links to help New Jersey residents access the…

Jason Slaughter killed two men trying to collect online life insurance policies he’d fraudulently bought, but he never quite got the scheme right, authorities say…

The Computer System Design Services industry in Australia has benefited as businesses continue to outsource many non-essential operations. According to IBISWorld industry analyst Craig Shulman,“ in the wake of the downturn, financial service providers, banks and insurers continue to be the industry’s largest clients”. As such, they have integrated their…

Los Angeles bail bonds by Bad Boys are available 24 hours a day. Bad Boys Bail Bonds in Los Angeles now offers no cost consultations through the Los Angeles Bail Bonds Hotline at BAIL-OUT to help people choose the right option for their bail situation. “Be careful to choose your Los Angeles Bail Bonds Company wisely,” says Jeffrey Stanley, owner of Bad Boys Bail Bonds.“…

Succeeding the publication of Pymnts’ August 28th article, Getting the Most Out of‘ Life’, Page Hamster discussed the numerous types of insurance available, from group life, to term and whole life, from Maine term life insurance to Texas whole life insurance. The aforementioned article, composed by an unidentified author, begins with statistics regarding…

Barb’s Bail Bonds, 109 West Fifth St., severed ties with independent bounty hunter Jonathan Law between the taping of “Dog and Beth: On the Hunt” in May and the July airing of the episode on CMT. More recently, Barbara L. Carithers, doing business as Barb’s Bail Bonds, sued Law and wife Dena Law, for allegedly defaulting on a promissory note. Beth Chapman considered that…

Weather Fusion LLC, provider of weather verification solutions for the insurance and construction industries, announces that Amica Mutual Insurance Company has selected their HailScope technology as the hail dataset within Amica’ s custom mapping applications to provide best-in-class hail claims management. “Using GIS technology allows us to be much…

Best Europe- Rating Services Limited has affirmed the financial strength rating of A- and issuer credit rating of “a-” of Trust International Insurance& Reinsurance Company B.S.C. (c) Trust Re. Earlier this year, the company increased its paid-up capital from USD 100 million to USD 140 million through a capital injection from its parent. Trust Re has a developing…

Curran will be based out of the South Portland, Maine office, reporting to Stacy Varney, Vice President, Marketing and Account Management. “Jay is a valuable addition to our marketing and account management team,” said Drew King, Senior Vice President, Group& Specialty Reinsurance. Previously he worked as a sales representative at Guardian, a senior underwriter at…

Best Europe- Rating Services Limited has affirmed the financial strength rating of A and issuer credit rating of “a” of Oman Insurance Company P.S.C.. The ratings reflect OIC’s strong risk-adjusted capitalisation, enhanced enterprise risk management and strong franchise within the United Arab Emirates. OIC has maintained a leading position within the UAE,…

MDxHealth, a molecular diagnostic company that develops and commercializes epigenetic tests to support the diagnosis and treatment of cancer patients, announced its 2013 first half results. In a release on August 23, the Company noted that in the first half of 2013, MDxHealth continued to deliver on its commercialization plan for ConfirmMDx for Prostate…

A.M. Best Co. has revised the outlook to positive from stable and affirmed the issuer credit ratings of “a” of Electric Insurance Company and its wholly owned subsidiary, Electric Insurance Ireland, Ltd. A.M. Best also has affirmed the financial strength rating of A of Electric and EIIL. However, although surplus and risk-adjusted capitalization could be…

MetLife, Inc. announced, that through its real estate investments department, it has closed a $235 million loan secured by BG Group Place, for a partnership advised by Invesco Real Estate. “The BG Group Place investment aligns well with our overall commercial real estate strategy and allows MetLife to grow in a key market for us,” said Robert Merck, senior managing…

Aug. 30– A federal indictment announced Friday charges that four Anchorage men sold major quantities of methamphetamine, heroin, crack and crack cocaine and kidnapped, shot or sexually assaulted other traffickers. A 31- year-old Anchorage woman, Stacy F. Laulu, was also indicted on charges of violating the Health Insurance Portability and Accountability Act…