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LOGiQ³ and Eckler Ltd. Partner on a Protective Value Study for MIB

May 31, 2013

MIB Group, Inc. is engaging LOGiQ³, an expert provider of life insurance and reinsurance consulting and outsourced services and Eckler Ltd., a consulting and actuarial firm based in Toronto to perform a Protective Value Study that will quantify the value of MIB’ s Underwriting Services for Group Voluntary life insurance products sold through the worksite.

American Land Title Association Awards Midland Resident ‘National Title Professional’ Designation

May 31, 2013

The American Land Title Association issued the following news release:. The American Land Title Association, the national trade association of the land title insurance industry, announced today it has awarded Sarah Sutton of Midland, Michigan, a “National Title Professional” designation. “It is an honor to award Sarah Sutton a National Title Professional…

American Land Title Association Awards FNTG NY Agency Rep ‘National Title Professional’ Designation

May 31, 2013

The American Land Title Association issued the following news release:. The American Land Title Association, the national trade association of the land title insurance industry, announced today it has awarded Marianne Mathieu of Brooklyn, New York, a “National Title Professional” designation. “It is our pleasure to award Marianne Mathieu a National Title…

Leading Gap Insurance Specialist http://www.car2cover.co.uk confirm clarification of the “Market Value” Myth

May 31, 2013

For many motorists, the undefined phrase “we will pay the Market Value” within their motor insurance terms and conditions has given a great deal of cause for concern and doubt. To help understand and clarify this phrase, industry experts http://www.car2cover.co.uk have published a useful clarification. According to Tom Barley, a spokesman for…

Oklahoma Insurance Officials Work with NICB to Prevent Insurance Fraud Following Tornado

May 31, 2013

The Oklahoma Insurance Department and the National Insurance Crime Bureau are working together to make sure victims of the May 20 th tornado are not victimized by insurance fraud. NICB representatives and Commissioner John Doak toured the impacted areas in the city of Moore on May 29 th and are working with local law enforcement and insurers to keep tabs on…

State Disciplines Health Care Providers

May 31, 2013

The Washington State Department of Health issued the following news release:. section of the Department of Health website. In April 2013 the Dental Hygienist Program charged dental hygienist Angie Mendez with unprofessional conduct.

Even Wealthiest Expats Need Health Insurance in France

May 31, 2013

Pryce Warner International Group– According to the Telegraph, Legislation has been passed stating that EU nationals under the state retirement age of 60 will no longer be eligible for free healthcare in France. Polly Parsons, of Exclusive Healthcare, insurance providers based on the French Riviera, commented: “As long as he has paid his NI, he’ll be OK for two years…

New Director Named for TROY Risk Management Insurance Program

May 31, 2013

A longtime professor of insurance has been tapped to lead Troy University’s Risk Management Insurance program. Judson Edwards, Dean of the Sorrell College of Business. He completed his doctoral studies in 1987 at the University of Georgia after completing an MBA and bachelor’s degree at Mississippi State.

Minn. Man Pleads Guilty To Multiple Counts Of Fraud, Theft By Swindle

May 31, 2013

Stephen A. Marrone of St. Paul, Minn., pleaded guilty to three counts of theft by swindle in connection with multiple incidents of annuities fraud…

Manchester teacher contract talks hit impasse [The New Hampshire Union Leader, Manchester]

May 31, 2013

May 31– MANCHESTER– Contract talks with the teachers union have hit a familiar obstacle: health care concessions. The Manchester Education Association and the school board’s negotiations subcommittee have declared that they are at an official impasse over the new contract. Ward 10 board member John Avard, the chair of the negotiations committee, said similar…

Insurance commissioner candidate is native of Goessel [The Hutchinson News, Kan.]

May 31, 2013

Selzer grew up near Goessel, in Marion County, and has family in McPherson, Newton, Hesston and surrounding areas, he said in an email response. He previously served on the Fairway City Council in Johnson County. A couple of Republicans– Aaron Jack and Robert Tomlinson– have withdrawn from the insurance commissioner race, but two other Republicans are running: David…

Largest Private Insurer In Florida Fined $1.3 Million

May 31, 2013

The state’s largest private property insurance company has been violating state law, mistreating customers and shifting profits to affiliates for years, according to an order released by the Office of Insurance Regulation…

Fitch Rates RenRe’s Preferred Shares ‘BBB’; Affirms Ratings [Professional Services Close – Up]

May 31, 2013

Fitch Ratings has assigned a’ BBB’ rating to RenaissanceRe Holdings Ltd.’ s new $275 million issue of 5.375 percent series E preference shares. Fitch has also affirmed the ratings of RNR and its subsidiaries, including the Issuer Default Rating for RNR at’ A’ and the Insurer Financial Strength rating of Renaissance Reinsurance Ltd. at’ A+’. Fitch believes that RNR’s…

Molina Healthcare of California Tapped to Participate in the Covered California Marketplace [Professional Services Close – Up]

May 31, 2013

Molina Healthcare, Inc. announced that its subsidiary, Molina Healthcare of California, has been selected by Covered California to offer certified Qualified Health Plans on the California Health Benefit Exchange for the individual Health Maintenance Organization market. According to a release, Molina Healthcare will participate in four counties when…

Health Net Tapped to Participate in Covered California Health Insurance Exchange [Professional Services Close – Up]

May 31, 2013

Health Net of California, Inc., a subsidiary of Health Net, Inc., announced that it has been selected as a Covered California health plan in the Covered California individual health insurance exchange. “California consumers will be able to choose Health Net health plans that are cost-effective and provide access to medical groups, physicians, specialists and…

A.M. Best Revises Outlook to Positive for MMG Insurance Company [Manufacturing Close – Up]

May 31, 2013

A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength rating of A- and issuer credit rating of “a-” of MMG Insurance Company. The company’s increased commercial and Pennsylvania writings have provided some product and geographic diversification; however, this does create greater property catastrophe risk.

Liberty Mutual Insurance Appoints Patrick Tully as VP and Managing Director of Northeast Division [Manufacturing Close – Up]

May 31, 2013

Liberty Mutual Insurance’s Commercial Insurance business unit announced that Patrick Tully has been appointed vice president and managing director of distribution in the Northeast Division of its National Insurance operation. Most recently, he was business development manager at Chubb’s Global Risk Management and Real Estate unit.

The Climate Action Reserve Partners with Parhelion Underwriting [Manufacturing Close – Up]

May 31, 2013

The Climate Action Reserve and Parhelion Underwriting, announced a strategic alliance to support the delivery of an insurance product for compliance offset credits in California’s Cap-and-Trade Program. The insurance product, Parhelion California ARB Offset Credit Invalidation Insurance, covers ARB Offset Credits that were transitioned from…

Patient Fusion Rolls Out Health Spending Tracking Tool [Manufacturing Close – Up]

May 31, 2013

The beta launch is available to patients covered by insurance payers including United and Anthem Blue Cross. Ohr Pharmaceutical Inc., a pharmaceutical company focused on the development of novel therapeutics for unmet medical needs, announced the appointment of June Almenoff to its Board of Directors. Almenoff join Ohr’s Board, “said Irach Taraporewala, CEO…

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