Allied World Assurance Company Holdings, AG announced that Richard Nathan has joined Allied World Europe as VP, European Corporate Property Manager. In this position, Nathan will oversee the build-out of Allied World Europe’s corporate property business in the United Kingdom and continental Europe. Allied World has underwritten property in the United…
Newswires
Demotech, Inc. has advised that five title underwriters have formed a reinsurance alliance with Lloyd’s of London. The participating Title underwriters are Agents National Title Insurance Company, Columbia, Missouri; Alliant National Title Insurance Company, Longmont, Colorado; Attorneys’ Title Guaranty Fund of Colorado, Denver, Colorado; Connecticut…
National Planning Corp., Inc. has announced the appointment of Randy Miller, as first VP and director of practice management. Miller is based at NPC’s headquarters in Santa Monica, Calif. and will report to Lynn Niedermeier, president and CEO of NPC. Miller has held regional VP positions with parent company Jackson National Life Insurance and with Genworth…
Vern Buchanan on Thursday said that despite the Supreme Court’s upholding of President Barack Obama’s health care law, the legislation “remains unworkable and unaffordable.” “Congress must work in a bipartisan manner to repeal and replace the health care law with common-sense reforms that lower the cost of health insurance and ensure that the American…
June 28– York resident Joel Duttera summed up his opinion of the Supreme Court’s health care ruling pretty succinctly. “If America can’t run Medicare and Social Security, why would they want to be in the insurance business? He was hardly the only Yorker discouraged by the Supreme Court ruling.
June 28– When Catherine Fitzgerald heard the news she was elated– the Supreme Court upheld nearly all of President Barack Obama’s Affordable Healthcare Act, including the controversial individual mandate requiring everyone to have health insurance by 2014.. Politicians from every part of the ideological spectrum sent emails hailing it as a victory or a…
June 28– Reaction was swift and sharp following the U.S. Supreme Court’s momentous decision upholding the Obama Administration’s signature health care reform law. The Supreme Court’s decision to uphold the president’s health care law will have a dramatic impact, especially for those who can’t afford or have been denied health coverage. “
Fitch Ratings has affirmed the ratings of Everest Re Group, Ltd.’ s debt-issuing holding company, Everest Reinsurance Holdings, Inc. and its subsidiaries. The Rating Outlook is Stable. Everest reported record earnings and improved underwriting results through March 31, 2012 with net income of $305 million compared to a loss of $316 million for the same period…
The twice-monthly Ride Safe Kids classes are being sponsored through a new partnership between GEICO and Safe Kids Tucson. Classes on the second Monday of the month, starting July 9 and August 13, will be held at GEICO’ s Tucson office, located at 930 N. Finance Center Drive, near Speedway and Kolb, at 6:30 p.m. Classes on the fourth Wednesday of each month, beginning…
Highfields Capital Management LP increased its stake in Genworth Financial Inc. and the hedge fund plans to discuss options for the insurance company’s mortgage insurance operations and other businesses, according to a regulatory document filed Thursday. The news sent Genworth’s stock soaring 52 cents, nearly 11 percent, to close at $5.43.
June 28– A “who’s who” of Virginia health care was at Richmond CenterStage this morning for the Virginia Health Care Foundation’s annual Heroes in Health Care Awards– but the other big story of the day was commanding attention there as well. “What that means for patients who come to the free clinics, they will have access to some form of health insurance and that will…
June 28– Ever since it was signed into law in 2010, the federal health law has prompted speculation that insurance brokers are an endangered species. That’s because the law is meant to simplify the insurance market so that individuals and small businesses might not need a broker’s help when buying health coverage. But the cloudy future of the brokerage…
A.M. Best Co. has affirmed the financial strength rating of A+ and issuer credit ratings of“ aa” of the core life insurance subsidiaries of Western& Southern Financial Group Inc.. The subsidiaries include: The Western and Southern Life Insurance Company, Western-Southern Life Assurance Company, Columbus Life Insurance Company, Integrity Life Insurance…
HealthPlan Services, the nation’s leading technology and administrative services provider for the insurance and managed care markets, affirms its Go-To-Exchange strategy in the wake of today’s Supreme Court ruling upholding the entire Affordable Care Act. HPS will now move forward to complete the integration necessary to successfully administer the…
ATLANTA and BELLEVUE, Wash., June 28, 2012/ PRNewswire/– Today, T-Mobile USA, Inc. and specialty insurer Assurant Solutions announced the availability of a new mobile device protection program for T-Mobile ® Monthly4G™ customers in the United States. The program, called Monthly4G Handset Protection, includes coverage for accidental damage, water damage, loss,…
The United States District Court for the Southern District of Texas has dismissed all counterclaims asserted against Saint Lucia insurer Bancroft Life& Casualty ICC, Ltd. by a defaulted debtor, FFD Resources III, LLC, and a former Bancroft certificate holder, FFD Ventures, LP. FFD Resources III, LLC, and FFD Ventures, L.P. then filed several counterclaims which…
WALNUT CREEK, CA – June 27, 2012 – Ascension has announced the appointment of Jason Del Grande as Director of…
Now that the U.S. Supreme Court has clarified the constitutionality of the Patient Protection and Affordable Care Act, Blue Cross Blue Shield of Michigan will continue to lead Michigan’ s health insurers in implementing changes necessary to have a well-functioning health insurance market in place for Michigan consumers by October 1, 2013.
The Medicaid health plan industry has been growing and will continue to grow as states continue to see Medicaid health plans as part of the solution to their budget woes, whether or not they participate in the expansion of Medicaid. This provision that extended rebates to pharmaceuticals provided to Medicaid managed care enrollees represents a tremendous…
