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Appeals Court Upholds Dismissal of PXRE Lawsuit

December 28, 2009

A federal appeals court has upheld a lower court’s decision to dismiss a class-action securities lawsuit filed against PXRE Group Ltd., a Bermuda insurer in runoff after being devastated by Hurricane Katrina losses. The 2nd U.S. Circuit Court of Appeals affirmed the March 4, 2009, ruling of U.S. District Judge for the Southern District of New York, Richard J. Sullivan.

Aon Risk Services Signs Definitive Agreement to Acquire FCC Global Insurance Services

December 28, 2009

Aon Risk Services, the risk management and insurance brokerage business of Aon Corporation, announced that it will acquire FCC Global Insurance Services, the in-house captive brokerage subsidiary of FCC. Financial terms of the acquisition were not disclosed.

Maximum Processing and Sonata Software Team Up to Enable More Insurance Organizations

December 28, 2009

BRADENTON, Fla., Dec. 28Maximum Processing Inc, and Sonata Software, a leading IT consulting and software services provider, today announced a strategic alliance to increase the delivery capabilities of the Stingray System, a fully functional web-based property and casualty insurance administration solution.

CIGNA’S CoachRx … A Prescription for Better Health

December 28, 2009

CIGNA Takes a Bite Out of the High Cost of Medication Non-Compliance BLOOMFIELD, Conn.–(BUSINESS WIRE)– As former Surgeon General C….

Passage of health overhaul draws cheers, jeers in Indiana [The Indianapolis Star]

December 28, 2009

Dec. 25–Many of Indiana’s big health-care companies — such as Eli Lilly and Co., Zimmer, WellPoint and Cook Medical –…

BestDay Video for Monday, Dec. 28: Decade of Change, Part III

December 28, 2009

BestDay Video for Monday, Dec. 28: Insurance industry leaders explore the hurricanes of the past decade and their impact on…

Gerald T. Mulligan Elected to Federal Home Loan Bank of Boston Board of Directors

December 28, 2009

BOSTON, Dec. 28 /PRNewswire/ — Gerald T. Mulligan, President and Chief Executive Officer of LSB Corporation and its banking subsidiary,…

Five Insurance Mistakes to Avoid!

December 28, 2009

NEW YORK, Dec. 28 /PRNewswire/ — The Insurance Information Institute says you can save money on insurance if you avoid…

Ask the Travel Diva: Two months later, suitcase still AWOL [BC-CREAGER-COLUMN:DE]

December 28, 2009

Dear Travel Diva: The airlines lost my luggage two months ago. I have had no luck in getting anyone at…

Dialogo Digital Brief on Zooppa: Italian Car Insurance Company Dialogo Assicurazioni Awards to Web Users $10,000 for Best Digital Creativity

December 28, 2009

The Italian car insurance company Dialogo Assicurazioni launches Dialogo Digital Brief, a triple online contest that will award creativity from…

Don”t Miss Out On The Hottest Newsletter!! Hear It Here First!! VHGI,MDFI,JBII,MMGW,COVR,SSKY

December 28, 2009

Don't Miss Out On The Hottest Newsletter!! Hear It Here First!! VHGI,MDFI,JBII,MMGW,COVR,SSKY Don't Miss Out On The Hottest Newsletter!! Hear…

FedBizOpps/CBD

December 27, 2009

Notice Type: Presolicitation Notice Posted Date: 24-DEC-09 Agency: Department of Health and Human Services Office Address: 13 South St., Room…

Ebix Stock to Trade on a Post-Split Basis Effective January 5th 2010

December 27, 2009

Ebix, Inc., a leading international supplier of On-Demand software and E-commerce services to the insurance industry, today announced that in a Special Meeting of Shareholders held December 21, 2009, its shareholders approved the proxy increasing the number of authorized shares of the Company’s common stock from 20,000,000 to 60,000,000 shares.

ACE Names Paul O’Neill As Senior Vp And Chief Underwriting Officer In North America Property Division

December 27, 2009

Insurance and reinsurance companies The ACE Group headed by ACE Limited named on Wednesday Paul O’Neill as senior VP and chief underwriting officer of its North America Property & Specialty Lines Division.

PMA Capital Announces Insurance Department Approval and Closing of the Sale of Its Run-off Operations

December 27, 2009

PMA Capital Corporation today announced that it received regulatory approval from the Pennsylvania Insurance Department for the sale of PMA Capital Insurance Company, its former reinsurance and excess and surplus lines company, which was placed in run-off in 2003.

The Morning Call, Allentown, Pa., Watchdog column: Insurer settles ER disputes [The Morning Call, Allentown, Pa.]

December 27, 2009

Dec. 27–The sharp, stabbing pain started on Linda Sheridan’s right side and extended around to her belly button. It got…

Medigap info could overwhelm: Blue Cross denies hiding its money-losing policy [Detroit Free Press]

December 27, 2009

Dec. 27–John and Rita Cox had to find another Medicare policy this fall after Blue Cross Blue Shield of Michigan…

Insurer fights payout in explosion: Pontoon Beach home blast remains under investigation [Belleville News-Democrat, Ill.]

December 27, 2009

Dec. 27–An insurance company alleges in a lawsuit that a woman intentionally disconnected a gas line at her Pontoon Beach…

Businessman struggles to keep home, pay hospital [The Arizona Daily Star, Tucson]

December 27, 2009

Dec. 27–Mark Bonacorso thought he’d slipped under the radar and wouldn’t have to pay his $28,784.93 hospital bill. No such…

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