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Allstate Unveils New Ad Campaign [Manufacturing Close – Up]

May 18, 2013

Allstate launched a new advertising campaign this month to reinforce the message that Allstate is the provider to trust for all homeowner insurance needs. The campaign, featuring celebrity home experts, delivers the message that Allstate and its agents offer more to help customers every day, including a new online experience at Allstate.com/ goodlife, the…

Industrial Alliance Insurance and Financial Services Updates on 1Q Income [Manufacturing Close – Up]

May 18, 2013

For the quarter ended March 31, Industrial Alliance Insurance and Financial Services Inc. reports net income attributed to common shareholders of $79.7 million versus $62.2 million a year earlier. In a release dated May 9, the Company said that Diluted earnings per share, adjusted for the dilutive impact of the Company’s Tier 1 debt instruments and…

CNA Appoints Dave Brosnan as Senior Vice President of International [Manufacturing Close – Up]

May 18, 2013

CNA Financial Corp. has announced the appointment of Dave Brosnan as Senior Vice President of International. In his role, Brosnan will lead CNA’s International underwriting team. Dave’s experience in Europe and Canada will be an invaluable addition to CNA, “said Bob Lindemann, President, Commercial- CNA.

American Safety Insurance Holdings Reports 1Q Results

May 18, 2013

American Safety Insurance Holdings reported net earnings of $5.5 million for the three months ended March 31, or $0.56 per diluted share, as compared to $4.1 million, or $0.39 per diluted share, for the same period of 2012…

YMCA: New York Life Child I.D. [The Destin Log, Fla.]

May 18, 2013

May 14– New York Life Insurance Company will host another Child I.D. Program Saturday, May 18, starting at 8 a.m. at the Destin YMCA. Destin’s YMCA became headquarters for New York Life Insurance Company on Saturday as agents set up a table to provide an invaluable service to the community.

LendingQB adds new functionality centralizing decisioning for mortgage insurance products and ensures accurate results [California Newswire]

May 18, 2013

COSTA MESA, Calif./ California Newswire/– LendingQB, an end-to-end provider of loan origination software, announced that it has implemented the mortgage insurance companies’ full set of underwriting guidelines into its automated underwriting system. “One of the problems with calculating MI is that loan officers and underwriters are forced to individually…

Skydiving business operating at aiport [Cumberland Times-News, Md.]

May 18, 2013

On Thursday, Potomac Highlands Airport Authority members voted unanimously to enter into a commercial agreement with SkyDive Deep Creek to offer skydiving, pending an insurance review. Skydiving would be offered Friday through Sunday from about 8 a.m. to 5 p.m. out of hangar 25, according to Neil Porter of SkyDive Deep Creek, who has run a drop zone in Colorado…

Tulsa library system budget takes hit from property tax cut [Tulsa World, Okla.]

May 18, 2013

May 18– The Tulsa City-County Library has cut more than $800,000 from its proposed operating budget for fiscal year 2013-14 after State Question 766, which passed last year, reduced the amount of property tax revenue entities such as the library system receive. Current estimates have the state losing between $50 million to $100 million in revenue, according…

N.M. Health Exchange Slow To Organize

May 18, 2013

New Mexico is on its way to establishing a health insurance exchange, but at least for this year individuals who want to buy health insurance will have to rely on the feds…

Newark Police Officer Pleads Guilty to Falsely Reporting Vehicle Stolen in Order to Collect $10,791 from Insurer

May 18, 2013

Attorney General Jeffrey S. Chiesa announced that a Newark police officer pleaded guilty today to falsely reporting to police that his vehicle had been stolen and fraudulently collecting $10,791 from the company that insured the vehicle. Suliaman Kamara, 31, of Newark, a former Newark police officer, pleaded guilty to third-degree theft by deception before…

Incinerator operator will help pay for insurance // PHOTO GALLERY, VIDEO [The News Herald, Panama City, Fla.]

May 18, 2013

May 18– BAYOU GEORGE– Bay County’s incinerator has undergone large-scale changes since a fire knocked it offline in February 2012, including a new agreement requiring its operator to pay $150,000 to help cover the facility’s insurance costs. EnGen LLC of Lynn Haven previously paid nothing toward the premium, said Joe Tannehill, the company’s managing partner,…

BCBS influence waning with NC lawmakers [The News & Observer (Raleigh, N.C.)]

May 18, 2013

Blue Cross has seen bills fly out of committee with its wishes ignored repeatedly this session. Blue Cross and other insurers lobbied against it in the House Insurance Committee on Tuesday to no avail. Mark Fleming, a Blue Cross lobbyist, told committee members Tuesday that the company already covers autism treatment, including physical, occupational and…

Angelo Errichetti dies; ex-Camden mayor was Abscam figure [The Philadelphia Inquirer]

May 17, 2013

May 17– Angelo J. Errichetti, 84, a former Camden mayor and state senator who was South Jersey’s premier Democratic power broker in the decade before his 1981 bribery conviction in the Abscam scandal, has died after a long illness. “He exemplified what a mayor should be,” said Richard Cinaglia, whom Mr. Errichetti appointed as the city’s comptroller and director of…

WakeMed warns of looming staff cuts [The News & Observer (Raleigh, N.C.)]

May 17, 2013

May 18– WakeMed Health& Hospitals laid off 31 people last week in a reorganization that CEO Bill Atkinson warns is a taste of things to come under federal health care reform, which is designed to squeeze costs out of health care delivery. Just two weeks ago, Blue Cross and Blue Shield of North Carolina, the state’s largest insurer, blamed the new law for proposed rate…

Edward H. “Ham” Welbourn Jr., insurance executive [The Baltimore Sun]

May 17, 2013

The son of Edward H. Welbourn, who owned Rennous Kleinle Brush Manufacturers in Catonsville, and Emma Dawson Welbourn, a homemaker, Edward Hambleton Welbourn was born in Baltimore and raised in Catonsville. After graduating in 1934 from the Gilman School, Mr. Welbourn enrolled at Haverford College, where he was a government major and earned a bachelor’s degree in…

CINCINNATI FINANCIAL CORP FILES (8-K) Disclosing Regulation FD Disclosure, Financial Statements and Exhibits

May 17, 2013

Item 7.01 Regulation FD Disclosure. On May 17, 2013, Cincinnati Financial Corporation posted presentation slides in PDF format on cinfin.com/investors that will be used in investor presentations beginning May 20, 2013. Exhibit 99.1 is a copy of the slides.

Allstate Files $3.8M Medical Fraud Lawsuit

May 17, 2013

Allstate is seeking to recover $3.8 million against six physicians and five medical professional corporations in its third insurance fraud lawsuit of 2013…

VZP’s expenditures on spa treatment in 2010-2012 [Access Czech Republic Business Bulletin]

May 17, 2013

Vseobecna zdravotni pojistovna, state general health insurance company, expenditures of spa treatment in 2010-2012, CEK mil: 2010 2011 2012———————————————– 1,866.724 1,717.797 1,406.819.

California Council on Economic Education receives State Farm Grant to provide financial education training to teachers [California Newswire]

May 17, 2013

State Farm, one of the nation’s largest insurance companies is partnering with the Council for Economic Education and CCEE, in supporting the America’s Promise Alliance with its Grad Nation campaign goal to end the high school dropout crisis and prepare young people for college and the 21st century workforce. Samona Caldwell, State Farm Public Affairs…

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