Reinsurance Group of America reported that its subsidiary, Chesterfield Financial Holdings, has completed an offering of US $300 million of 4.50 percent asset-backed notes, a securitization of U.S. life insurance embedded value. In a release, the Company noted that the transaction covers a closed block of policies assumed by RGA Reinsurance Company, a wholly…
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Canal Insurance Company said it has named Jarrell Hall, assistant vice president- marketing& business development and Linda Lewis, assistant vice president- casualty claims, to the leadership team. Prior to CNA, he spent 19 years with Chubb, where he held progressive leadership positions in both marketing and underwriting. Prior to joining Canal, she worked for…
Solera Holdings reported that it has acquired 100 percent of the equity interests of IBS Automotive. Further, combining vehicle valuation data with other proprietary Solera offerings will enable Solera to offer high-ROI underwriting solutions to its insurance customers. The Acquisition positions us to leverage our recently-acquired CAP Automotive…
When an estate or gift matter is involved, the Internal Revenue Service requires that a Form 712 Life Insurance Statement be included in the returns. So, a trustee or financial advisor will likely request an IRS Form 712 from the subject insurance company. In October 2009, the National Association of Insurance Commissioners came out with the“ Valuation of Life…
Burdette& Rice is proud to announce that Mark Caldwell, one of the firm’s top-rated Dallas, Texas, probate and estate dispute attorneys, will be presenting at the Annual Advanced Estate Planning and Probate Law Seminar sponsored by the State Bar of Texas in June, 2015. Mr. Caldwell is a recognized expert in areas of trust, estate, and probate law disputes and…
Dec. 30– DURHAM– When Leon Grodski de Barrera and his wife started planning for what is now Cocoa Cinnamon, they had $75 in the bank. “This is not in any way an exaggeration,” said Grodski de Barrera, co-owner of the Durham coffee shop on Geer Street. In 2011, they received a $5,000 loan from the father of a friend and eventually turned that into bikeCOFFEE and built…
Burdette& Rice is proud to announce that Mark Caldwell and J. Brian Thomas, two of the firm’s top-rated Dallas, Texas, trust attorneys, will be presenting at the Travis County Bar Association in Austin, Texas, on January 16, 2015. As one of the top estate, trust, and probate law firms in Texas, Burdette& Rice draws clients from all over Texas, especially those involved in…
Dec. 29– Tennessee is the most recent state to propose an alternative plan to expand Medicaid coverage that would increase individual patient expenses and offer payment assistance in return for making healthy choices. Bill Haslam, would use Medicaid funds to cover 160,000 low-income residents who earn less than 138 percent of the Federal Poverty Guidelines…
Some commentators thought that these statutes would be limited to less populated states, but with Ohio entering the DAPT arena, this assumption proved incorrect. We name six states in the top tier for best DAPT legislation: Alaska, Delaware, Ohio, Nevada, South Dakota and Tennessee.“ Which DAPT Jurisdictions Make the Grade? While Oklahoma is included in the…
Dec. 29– Lawmakers’ failure to reauthorize a federal terrorism insurance safety net has added uncertainty to the commercial insurance market,…
Dec. 29– Madison- based M3 Insurance is one of seven regional employee benefits firms– each offering coverage in a different part of the U.S.– that have joined together to form C2 Solutions, a national firm that’s now the fifth- largest company of its kind in the country. “It will allow us to be more competitive, and grow our business more efficiently than we ever could…
Health IT leaders are finding it difficult to define care management technology because they’re finding it difficult to define care management. It seems as though no one can clearly define care management technology. Yet as Dave Levin, M.D., CEO of health IT consultancy Tres Rios Group, and other observers note, this overall concept in itself is comprised of many…
Market Research Reports, Inc. has announced the addition of“ Life Insurance in the US, Key Trends and Opportunities to 2018” research report to their website http://www.MarketResearchReports.comLewes, DE—- 12/29/2014– The report provides in-depth market analysis, information and insights into the US life insurance segment, including:- The US life insurance…
For 84 years, a group of nuns has been caring for poor people dying from cancer in their gleaming home on the edge of Hunting Park. asked Sister Mary de Paul Mullen, Sacred Heart’s nursing director. ” Practically, patient Eileen Rugh said, it is more– a place where the cheerful nuns take care of her as tenderly as though she were family, a place far less grim than she…
AssuredPartners Inc. has acquired American Westbrook Insurance Services in Westchester, Illinois. “The American Westbrook Insurance Services acquisition continues to strengthen our presence in the Midwest,” said Tom Riley, President and COO of AssuredPartners, Inc. “We welcome American Westbrook Insurance Services staff and clients to the…
On Thursday, December 18, 2014, the law firms of Hirschmann& Tseng LLP and Paul Hastings LLP secured the dismissal of ACA Financial Guaranty Corporation on summary judgment in Retirement Housing Foundation et al. v. ACA was also represented in this lawsuit by Belinda M. Vega of Hirschmann& Tseng LLP and Douglas H. Flaum and Shahzeb Lari of Paul Hastings LLP.
SUMMARY: Under the Toxic Substances Control Act, EPA is promulgating a significant new use rule to add nine benzidine-based chemical substances to the existing SNUR on benzidine-based chemical substances. EPA is also promulgating a SNUR for di-n-pentyl phthalate and a SNUR for alkanes, C 12-13, chloro. These actions require persons who intend to manufacture…
Amid the black aftermath of a fire that destroyed the Castle Rock Inn that she and her life and business partner John Gillingham purchased in July, Wiedenfeld found her encouragement protected inside a charred beer cooler. By the time they returned, Montfort, Fennimore and Boscobel fire departments were pouring water on the blaze. Before it was over, 12…
BABYLON, N.Y., Dec. 29, 2014/ PRNewswire-iReach/– Blue Water Advisors, an independent wealth management firm and SEC- registered investment advisor, today announced that Matthew R. Rapoport, CFP ®, MST, age, 34, has joined the team as a Wealth Management Advisor. Having a professional of his stature join BWA is a true honor and we are confident our clients will benefit…
