Newswires

Nov. 01– Northwestern Mutual Life Insurance Co. said Wednesday it expects to pay more than $5 billion in dividends to policy owners next year, its largest payout ever. The previous record was in 2008, when the Milwaukee- based insurer paid out slightly more than $5 billion. About 90% of the more than $5 billion in dividends will go to the company’s participating…

FOR RELEASE ON RECEIPT October 31, 2012. Business Interruption Insurance May Assist Businesses Forced to Close Due to Sandy. “This storm affected much of the East Coast, disrupting a large number of business operations which could have a significant impact on the region,” said Christopher Hackett, director of personal lines policy for the Property Casualty…

Oct. 31– When did a 65- ton crane, Facebook, deductible dilemmas, cracking wood, a furball-sized white Maltese guard dog named Cleo, and Superstorm Sandy come together? Knowing that the storm killed dozens of people, Stephen Castellano is grateful his family survived their personal brush with nature. Haddonfield Borough police officers, firefighters, and…

The digital marketing agency based in Dublin, Ireland& Jacksonville, Florida have created a dedicated insurance marketing program after it achieved success with a number of insurance clients. Speaking at the launch, Silicon Cloud CEO& Founder Patrick Murphy said the decision to create a dedicated insurance program was an obvious one. Mr. Murphy went on to…

Marshall& Swift/Boeckh, the leading worldwide provider of building cost data and estimating technology to the property insurance industry announces today that it has launched an expansion of its InterChange™ pre-fill property characteristic database to now include Condominium/Co-Op, Townhouse and Multi-Family properties. “InterChange plays a key…

Oct. 31– NEOSHO, Mo.– A federal judge has ruled that former Neosho City Manager Jan Blase is entitled to a year of health insurance for himself and his family. Magistrate Judge John T. Maughmer ruled today. Blase was fired on the city on Jan. 25, 2010, for using money dedicated to aircraft hangar construction for general city obligations and payroll and for failing to…

On October 26, 2012, Harris Corporation entered into a new indemnification agreement in substantially the same form as the Company’s new form of director and executive officer indemnification agreement attached as Exhibit 10.1 to this Current Report on Form 8- K, with each current member of the Company’s board of directors, including William M. Brown, the…

According to a news release, an investigation by the Georgia State Board of Workers’ Compensation’s Enforcement Division led to the arrest of Tammy L. Self, 39.. Self, a licensed insurance agent, has been in the insurance business for more than 10 years, investigators said, and was formerly employed by the Kilpatrick Insurance Agency in Augusta.

Net income of $40.4 million, or $0.89 per diluted share; segment income after tax of $32.5 million, or $0.72 per diluted share Combined ratio of 100.2%; ex-catastrophe combined ratio of 95.4% Net investment income of $69.2 million Net premiums written of $1,120.1 million, up 6.6% over the prior-year quarter, primarily driven by growth in Commercial Lines…

For the 19th consecutive year insurance software company Applied Systems was named Download Vendor of the Year by ACORD, the organization that establishes and enforces data standards for the U.S. insurance industry. ACORD documented more than 131,000 agency/carrier pairs in which carriers downloaded insurance transaction information through Applied…

Lifeline Direct Insurance Services provides clients transparency in their insurance options by finding the appropriate insurance plan for their specific situation at the most competitive prices on the market. The reason being is that they specialize in home and auto insurance not life insurance,” stated by Matthew Loughran, from Lifeline Direct…

EVENT: ALI Life Insurance Company holds its ALI Life Insurance Products Conference, November 1-2. –10:30 a.m.: Security and Exchange Commission Director of the Division of Investment Management Norm Champ delivers keynote address. LOCATION: Washington Plaza Hotel, 10 Thomas Circle NW, Washington, D.C..

During Diabetes Awareness Month in November, United Concordia Dental, one of the nation’s largest dental insurers, wants people with diabetes to know that medical costs are lower when they receive treatment for gum disease. Earlier this year, United Concordia conducted a landmark study with parent company Highmark Inc. and the University of Pennsylvania…

From his humble beginnings in establishing a floor covering business in his home town of Ironton, Ohio to being recently elevated to the executive position of Chief Insurance Officer for the WMX Holdings Group, Inc.’ s Insurance Division, Mr. Destocki has never settled for mediocrity. In his lengthy financial services career, spanning over 21 years, Mr. Destocki…

Statements contained in this Form 10- Q for the quarterly period ended September 30, 2012 that are not historical fact may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and Section 21 E of the Securities Exchange Act of 1934, as amended, and we intend such statements to be covered by the safe harbor…

Oct. 31– PORTSMOUTH– Of the three candidates for governor, Republican Ovide Lamontagne, Democrat Maggie Hassan, and Libertarian John Babiarz, presented their differing views on Medicaid and the future of health care Sunday, Oct. 28. “Why we would expand Medicaid to bring in 30,000 or 50,000 relatively healthy adult lives who are of modest means and bring them into?

The following analysis discusses our financial condition as of September 30, 2012, compared with December 31, 2011, and our consolidated results of operations for the three and nine months ended September 30, 2012 and 2011, prepared in conformity with U.S. The discussion should be read in conjunction with our Form 10- K, for the year ended December 31, 2011,…

The financial risks of self-funded health plans can be daunting, but the upside could be lower long-term costs and better coverage. If your credit union is interested in new health plan options, consider self-funding. According to the Employee Benefit Research Institute, self-insured plans cover 55 percent of workers who have health insurance.

ASSE is administrator of the U.S. Technical Advisory Group for ANSI to the International Organization for Standardization. Thousands of the ANSI/ASSE/ ISO Risk Assessment and Risk Management standards have been sold globally since their original approval by ISO and are having a significant impact in the U.S. and worldwide. The 31 000 document ranks in the top…