A.M. Best Company announced that Best’s Review Magazine has released a new interactive white paper on the trends driving innovation, the approaches they have taken to put new techniques to work, and how insurers can leverage new capabilities to stay ahead of the competition. -Alan Bauer, former President, Progressive Direct. Working for Liberty Mutual and…
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The American Society of Business Publication Editors has recognized InsuranceNewsNet Magazine as the pre-eminent insurance industry business-to-business publication by naming it as a finalist for seven Azbee awards. “This was the first time we entered this contest, so it is extremely rewarding for us,” said Paul Feldman, InsuranceNewsNet president and…
A.M. Best Co. said the property/casualty industry experienced precipitously rising financial impairment trends in 2011, with impaired companies still emerging well into 2012.. In a release, the insurance ratings company said the 34 2011 P/C impairments represented a significant jump from the 28 reported for the year by A.M. Best on January 23.
Fireman’s Fund Insurance Company has announced the appointment of Joe Kinsey to the position of high net worth personal insurance executive for the eastern zone. Most recently, Kinsey served as field underwriting officer of the private client segment at Chartis Insurance where he was responsible for oversight of all underwriting staff in North America.
July 04– One year after announcing plans to move its headquarters to the former Monumental Life Building at Charles and Chase streets, Chase-Brexton Health Services is about to begin a $25 million renovation to prepare the property for its new use. Chase Brexton cleared a key hurdle last month when Baltimore’s Commission for Historical and Architectural…
New York, NY July 04, 2012. Part of a bill passed last week by members of U.S. Congress expanded grants available to states that strengthen their graduated driver licensing laws, highlighting efforts by insurers, trade organizations, research firms and safety advocates alike to establish stronger GDL laws across the U.S., according to AutoInsurance.com.
Research and Markets has announced the addition of the ” Egypt Commercial Banking Report Q2 2012″ report to their offering. Business Monitor International’s Egypt Commercial Banking Report provides industry professionals and strategists, corporate analysts, banking associations, government departments and regulatory bodies with independent…
The Washington state Department of Health issued the following news release:. section of the Department of Health home page. In June 2012 the Department of Health suspended the credential of certified nursing assistant Carleen J. Grawl for five years.
July 04– Just before Thanksgiving 1942, 23- year-old American soldier Sgt. Leland C. Atkinson, stuck in the middle of a New Guinea jungle, scribbled on the back of an empty cigarette carton. “Here in the jungle, I sit up on the edge of my slit trench to escape several inches of water in its bottom.
“There aren’t too many of us left,” said Steve Drake, 90, of Cuyahoga Falls, an Army Air Force vet who was a mechanic at a U.S. base in Italy for 18 months during the war. Four of the men served in the Navy at the tail end of the war, entering service in 1945 before the conflict ended. Zobby Miktarian, 84, of Tallmadge, who punctuates each exchange with his friends with a hearty…
July 04– Benjamin Humphrey and his wife, Meaghan Humphrey, opened WI Care Chiropractic and Health Store this year, targeting patients who don’t need them to file claims with traditional health insurance. A: Upon graduating from Vanderbilt University, I was like most college graduates– not entirely sure what to do. I took a job working for AIM Healthcare out of…
ALEXANDRIA, Va., July 4– Fair Isaac, Minneapolis, has been assigned a patent developed by four co-inventors for a “healthcare insurance claim fraud detection using datasets derived from multiple insurers.” The co-inventors are Michael Tyler, San Diego, Nitan Basant, Bangalore, India, Robin P., Bangalore, India, and Shafi Rahman, Bangalore, India. Written by Shabnam…
David C. Marlett has received the Independent Insurance Agents of North Carolina Distinguished Professorship in the Walker College of Business at Appalachian State University. The $500,000 endowed professorship was created by contributions from the Independent Insurance Agents of North Carolina. Other contributors to the professorship were Moore&…
July 04– William F. Dooling Jr., 92, of Drexel Hill, a decorated World War II veteran, former insurance underwriter, and U.S. Postal Service employee, died Wednesday, June 27, at home. Mr. Dooling graduated from Brooklyn Boys High School in 1938 and was an insurance claims adjuster before joining the Army in 1941.. In civilian life, Mr. Dooling was an underwriter for…
ALEXANDRIA, Va., July 4– Genworth Financial, Richmond, Va., has been assigned a patent developed by six co-inventors for a “system and process for a fusion classification for insurance underwriting suitable for use by an automated system.” The co-inventors are Piero Patrone Bonissone, Schenectady, N.Y., Kareem Sherif Aggour, Niskayuna, N.Y., Rajesh Venkat Subbu, Troy, N.Y.,…
Los Angeles, CA July 04, 2012. In 2012, growth accelerated slightly to 3.2%, versus 2.5% in 2011.“ In the years ahead, the Primary Care Doctors industry is forecast to benefit from continued improvement in the economy and the healthcare reform laws of 2010,” says IBISWorld industry analyst Sophia Snyder.“ Most notably, the reform aims to provide health insurance to…
The deal came together after a year of feuding between the two health giants, and a year of hand-wringing among patients and employers, uncertain whether Highmark customers would have access to UPMC hospitals beyond mid-2013. The meetings between Highmark and UPMC were “not voluntary,” said Sen. Even so, the periodic meetings among Highmark, UPMC and key…
July 03– Medicaid patients will be able to make use of services at a new urgent-care center scheduled to open next summer at the site of the now-demolished UPMC Braddock Hospital. The Braddock center will fill a major gap in health care services for residents of the borough and surrounding communities, according to Deborah Rice, president of Highmark’s Health…
Long-term care insurance is a policy that, in exchange for annual premiums, promises to cover a certain share of nursing home or assisted-living expenses– should the need ever arise– without draining consumers’ savings accounts and forcing them into a Medicaid- funded care home. But Ramona Nelson, of Allison Park, is one of them. And when she saw the annual premium…
