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INSURICA Announces New Leadership for Tulsa Office

July 12, 2012

INSURICA Insurance Management Network announces that Bryan E. Berman has been named President of their Tulsa office, Robert C. Bates, LLC. Mr. Berman is also Owner and Chairman of Tulsa- based The JRJ Agency, an affiliate of INSURICA. “We are thrilled to have Bryan lead our efforts in the Tulsa community,” said Mike Ross, President& CEO of INSURICA.

BRIEF: KACo rep answers questions [Glasgow Daily Times, Ky.]

July 11, 2012

July 11– GLASGOW– The Barren County Fiscal Court took advantage of an opportunity to ask questions of a representative from Kentucky Association of Counties, the insurance company for all Kentucky counties. KACo informed the Barren County government earlier this summer that its insurance premiums would go up $32,000 for the 2012-13 fiscal year, due to the…

Annual fashion show keeps Nataline Sarkisyan’s story alive [Daily News, Los Angeles]

July 11, 2012

Nataline Sarkisyan died in a UCLA hospital bed on Dec. 20, 2007. She was 17. Her story drew nationwide attention because the liver transplant she needed was denied by her family’s health insurer, CIGNA. They also continue to implore lawmakers to change a federal law that prevented them– and will stop other families– from suing CIGNA and other health insurance…

Webinar: Economist A. G. Shilling on Global Deleveraging and Investment Strategies for Insurance Companies

July 11, 2012

A. Gary Shilling and co-founders of Prime Institutional Group, Ray M. Gilliam and Allen R. Paksima, will review the impact of ongoing low interest rates and possible investment strategies for insurance company portfolio managers…

MIB Life Index Reports U.S. Life Insurance Activity Increases 2.1% in June

July 11, 2012

U.S. application activity for individually underwritten life insurance increased +2.1% in June, all ages combined year-over-year, according to the MIB Life Index. Due to a data reporting anomaly, a small change in the historical percent changes for ages 60+ and ages 0-44 for the monthly periods April 2012 to January 2011 have been made. About the MIB Life Index…

New Manufactured Home Warranty Coverage Now Available as Part of a Regular Mobile Home Policy

July 11, 2012

Specialty Mobilehome insurance provider International Insurance Group, Inc. now offers a new coverage enhancement that includes warranty coverage as part of the regular Property and Liability policy. “Our underwriting partner, American Modern Insurance Group, has recently added an optional coverage called Mechanical Breakdown coverage to its…

Choosing an Annuity: What Accountants Need to Know [CPA Journal, The]

July 11, 2012

An annuity is a special kind of insurance contract that can be a very useful tool for creating income for individuals when they retire, as well as in certain other situations, Annuities represent one of the very few ways an individual can get a check for life. The types of annuities available have proliferated over the years. Understanding annuities may become…

Allianz Life Promotes Paul Salm to Assistant Vice President of Compensation for U.S. Operations

July 11, 2012

Allianz Life Insurance Company of North America named Paul Salm as the new assistant vice president of Compensation for Human Resources. Salm will also manage compensation programs for more than 4,800 employees across Allianz of America, which includes Allianz Life and Fireman’ s Fund Insurance Company. He will report to the Vice President of HR Services for…

Insurance Industry Has More To Fear From Hail Than Roof Damage

July 11, 2012

Last year was an unprecedented year for storms and 2012 is starting out just as ferocious. In 2011, the insurance industry paid out billions of dollars to repair structures damaged by wind and hail…

House Financial Services Subcommittee on Capital Markets and Government Sponsored Enterprises Hearing

July 11, 2012

The Commercial Real Estate Finance Council is grateful to Chairman Garrett and the Members of the Subcommittee for holding this hearing to examine the impact of the Dodd-Frank Wall Street Reform and Consumer Protection Act n1 on credit availability. The CRE Finance Council is the collective voice of the entire $3.1 trillion commercial real estate finance…

Summer Blockbusters Pose Unique Insurance Risks

July 11, 2012

Fireman’s Fund has a dedicated claims and risk services team that works closely with movie studios to review scripts in advance to discuss what elements are planned and collaborate on the safest way to film those scenes…

Leading Telecommunications Provider in Ecuador Selects ViryaNet’s Mobile Workforce Management Solution

July 11, 2012

ViryaNet Limited, a leading provider of software solutions that optimize the planning, execution, and monitoring of service processes for mobile workforces, announced today that a leading telecommunications provider in Ecuador has selected ViryaNet’ s mobile workforce management solution– ViryaNet G4. “The Amdocs/ ViryaNet relationship is strengthened…

Galectin Therapeutics Announces Addition to Russell Microcap Index

July 11, 2012

Galectin Therapeutics, the leading developer of therapeutics that target galectin proteins to treat fibrosis and cancer, today announced that it has been added to the Russell Microcap Index effective at the close of equity markets on June 22, 2012. “Addition to the Russell Microcap Index provides greater visibility for Galectin Therapeutics and its…

American Lumber Underwriters Names Craig Glander as Vice President of Sales and Mark Woodhull as Vice President of Underwriting. President Bob Finck to Retire.

July 11, 2012

Effective July 23, 2012, Craig Glander has joined American Lumber Underwriters as Vice President of Sales. Glander’ s most recent position was with Woodus K. Humphrey& Co., Inc. where he was Vice President of Field Executive Services. “We are very pleased to have Craig join American Lumber Underwriters,” says Scott Reynolds, President and CEO of Member Insurance…

CalViva Health and Health Net Community Solutions Recognize Madera County Non-Profits for Their Focus on Health

July 11, 2012

CalViva Health and Health Net Community Solutions, Inc., a subsidiary of Health Net of California, Inc., tomorrow are presenting the 2012 Madera County Community SolutionMakers Awards to two organizations that help make a positive difference in the health and well-being of the communities they serve:. In conjunction with the SolutionMakers Award…

Life Solutions Group, An Affiliate of The Penn Mutual Life Insurance Company, Announces the Opening of Braintree, Mass. Office

July 11, 2012

The Penn Mutual Life Insurance Company, a 165- year-old company, announces the expansion of its Boston- based Life Solutions Group agency to Braintree, Mass. The new office opening follows the firm’ s aggressive growth over the last 18 months that has yielded more than 30 new employees and tripled the sales revenue. In addition to Life Solutions Group’ s Boston…

Consumer Watchdog Campaign: Insurance Billionaire-Sponsored Proposition 33 Will Raise Premiums On Millions of Responsible Drivers

July 11, 2012

The newly numbered Proposition 33, funded by Mercury Insurance’s billionaire Chairman George Joseph, is a replay of Mercury’s unsuccessful 2010 initiative aimed at raising auto insurance premiums on millions of Californians. Prop 33 aims to change over 20 years of insurance law by repealing a key anti-discrimination provision from the 1988 voter…

Foresters Life A.M. Best rating upgraded to “A” (Excellent)

July 11, 2012

TORONTO, July 11, 2012/ PRNewswire/- Foresters™, an international life insurance provider, and its subsidiary Foresters Life Insurance Company have received “A” ratings from A.M. Best Company 1. A.M Best has now affirmed Foresters “A” rating for 12 consecutive years. A.M. Best also gave Foresters an issuer credit rating of “a+” and noted that the outlook for all ratings is…

WB/Colombia: At Least 300 Municipalities to Improve Disaster Risk Management

July 11, 2012

World Bank issued the following news release:. The World Bank Board of Directors approved a US $250 million development policy loan today to support natural disaster-related risk management in Colombia. World Bank reports demonstrate the positive impact of incorporating disaster risk management in public policies, planning and investment.

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