The U.S. Department of Homeland Security’s Federal Emergency Management Agency issued the following news release:. In five months, on Dec. 4, new flood maps for Santa Fe County, New Mexico will become effective. Floods can place people at risk of uninsured loss to their businesses, homes and personal property if they don’t have either a private flood insurance…
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The Retirement Solutions Division of Pacific Life Insurance Company has introduced Pacific Life Producer Alliance, enabling a wider range of financial professionals to sell the company’s fixed annuity products and benefit from Pacific Life’s comprehensive, consultative approach to sales support. “Pacific Life Producer Alliance opens up a new…
Best Europe- Rating Services Limited has upgraded the financial strength rating to A from A- and the issuer credit ratings to “a” from “a-” of Delvag Luftfahrtversicherungs-AG and its subsidiary, Delvag Rueckversicherungs-AG. The ratings also take into account Delvag’s role as the insurance captive of Lufthansa German Airlines, its ultimate parent.
T-Mobile USA, Inc. and specialty insurer Assurant Solutions announced the availability of a new mobile device protection program for T-Mobile Monthly4G customers in the U.S. “There has been increased consumer demand for no-annual contract wireless plans and our Monthly4G plans are being adopted in record numbers- with our prepaid business doubling over…
MassMutual’s Retirement Services Division announced the launch of its newest Fiduciary Guide. MassMutual’s ERISA Advisory Services team offers ready access to knowledge and experience fiduciaries can use to help effectively manage their retirement plans, “adds Leverson. MassMutual reported that the Fiduciary Guide is one of two companion pieces…
A.M. Best Co. has revised the outlook to stable from negative and affirmed the financial strength rating of A+ and issuer credit rating of “aa-” of The Savings Bank Life Insurance Company of Massachusetts. A.M. Best notes that SBLI- MA’s investment portfolio is conservatively managed and was in a net unrealized gain position at year-end 2011..
The global insurance market continued to firm in the second quarter of 2012 continuing a clear trend that began in the third quarter of 2011, according to the Marsh Risk Management Global Insurance Index, launched recently. According to a release, the index, published in Marsh’s latest Global Insurance Market Quarterly Briefing, showed that although rates…
July 02– PERRY– A few days ago Brice Edwards and his wife decided they should get renters insurance, but a little procrastination and a lightning bolt ended up costing them big time. The couple and their four children were asleep early Monday morning when Edwards heard a bang that sounded like a gunshot. The home, on Oak Ridge Drive, is an older wood-frame structure,…
Lincoln, RI July 02, 2012. Amica Insurance shares some suggestions for a safe, enjoyable grilling season. While these suggestions can apply to all grills, there are additional safety tips for specific types of grills, said Michael Gillerlane, a senior vice president with Amica Insurance.
We are proud to announce that Core Benefit Services Agency partner, Lonnie Klene has recently been awarded the following industry awards:. BEN KOWALSKI MEMORIAL AWARD FOR EXCELLENCE Awarded June 2012 Is the highest award bestowed by the Houston Association of Health Underwriters and is presented annually. DISTINGUISHED SERVICE AWARD Awarded June 2012…
Best’ s Review presents its annual ranking of the Top 20 Global Insurance Brokers, and Marsh& McLennan, Aon plc and Willis Group Holdings hold the top three spots based on 2011 total revenues. It is the first time in the top 20 ranking for Insphere Insurance Solutions, AmWins Group and Confie Seguros Holding Co. The July Leaders issue also contains the largest…
Arthur J. Gallagher& Co. today announced the acquisition of Miller Buettner& Parrott, Inc. in Rockford, Illinois. “Part of Miller Buettner& Parrott’s success stems from their dedication to providing long-term value and quality service to their clients,” said J. Patrick Gallagher, Jr., Chairman, President and CEO. ” Arthur J. Gallagher& Co., an international insurance…
Extensive actuarial studies over the last year indicate that either option would be costly and inefficient, while posing legal problems, according to the report, delivered to the Legislature’s powerful budget committee Monday morning. “Neither an optional DC plan nor an opt-out of employee contributions should be implemented in Wisconsin at this time,” the…
July 02– Pennsylvania is building a health insurance exchange but making no guarantee it will be ready by the Jan. 1, 2014, deadline. When asked if the state will meet the deadline, state Insurance Department spokeswoman Rosanne Placey said Friday, “Honestly, I don’t know the answer to that.” But Placey said the court ruling clouds the issue in some ways, and…
BETA Healthcare Group, the top provider of hospital professional liability coverage to California hospitals, healthcare facilities and medical groups, announced it will return $16 million in 2012 to BETA Risk Management Authority members, reducing next year’ s annual premiums by 32% on average. BETARMA has paid dividends to members for 20 consecutive years…
Farm Bureau New Horizons Insurance Company of Missouri has earned a Financial Stability Rating ® of A, Exceptional, from Demotech, Inc. This level of FSR is assigned to insurers who possess exceptional financial stability related to maintaining positive surplus as regards policyholders, liquidity of invested assets, an acceptable level of financial…
autoinsurancequote.com, a N.Y. auto insurance provider, released a study showing that texting while driving leads to increased insurance rates and fatal automobile accidents caused by drivers who have been“ distracted by mobile phone use” has more than doubled…
Your auto insurance company could owe you money. Auto Insurance Relief has uncovered a disturbing hidden secret that’s been kept by auto insurance companies for the past five decades. This secret could affect more than 300 million auto insures in the U.S. alone.
A.M. Best Co. has withdrawn the financial strength rating of A and issuer credit rating of“ a” of Protective Life Insurance Company of New York, following its merger with and into its affiliate, Protective Life and Annuity Insurance Company. A.M. Best also has withdrawn the FSR of A and ICR of“ a” of United Investors Life Insurance Company, following its merger with and…
