ACE Group today announced that Julie Schaekel, Chief Auditor since 2005, will retire from the company effective June 1, 2015. Dimitry DiRienzo, who currently serves as Senior Vice President and Controller for the company’ s international life insurance operations, has been named her successor and will report to Philip V. Bancroft, Chief Financial Officer of…
Newswires
–Patriot National, Inc., announced today that it has acquired Missouri- based Corporate Claims Management, Inc., a multi-line provider of claims administration. “The acquisition of Corporate Claims Management is our fourth program administrator acquisition in recent months and is consistent with our growth strategy to expand Patriot National’s fee-based…
April 24– NORMAL– McLean County’s medical home for 2,700 low-income residents who are uninsured or under-insured wants to expand and plans to do so by raising community dollars while keeping its model of accepting no state or federal tax money. Community Health Care Clinic, 902 N. Franklin Ave., Normal, plans to move into the larger, empty building in front of the…
In the episode, attendees said the range of issues continues to expand as layers of regulation mount in the United States and elsewhere, particularly work on an international capital standard that has been met with skepticism in the United States. David Snyder, vice president, international policy at the Property Casualty Insurers Association of America,…
Hinshaw& Culbertson LLP announced today the arrival of eight attorneys from Meckler Bulger Tilson Marick& Pearson LLP. The seven MBT partners joining include MBT founder Michael M. Marick and Scott M. Seaman who are both recognized leaders in the insurance industry, as well as John E. DeLascio, Karen M. Dixon, Rebecca R. Haller, James H. Kallianis Jr. and Jason R. Schulze.
The school board, at its April 16 monthly meeting, authorized district administrators to work with several consultants on a plan for refinancing all or a portion of Homer- Center’s 2011 bond series, in order to provide the greatest financial benefit for the district. Homer- Center’s board agreed to continue participating in a program, established by area…
Steve Eubank, a graduate of The John Marshall Law School’s Employee Benefits LLM program, has been honored by the Chicago Bar Association as being among the best graduate law students in the city. Eubank has worked as senior counsel for a Texas- based Fortune 500 company for more than a decade and is responsible for most legal issues faced by its human resources…
CEO and author Jason P. Jordan Shares with radio host John Cote from the medical tourism show Healthcare Elsewhere How Private Health Insurance Became Key to Access Proper Healthcare for his Wife in Germany during the birth of his twin sons.Renton, WA—- 04/24/2015– Healthcareelsewhere.com is the creation of host John Cote, a medical tourism show and podcast…
A.M. Best has affirmed the financial strength ratings of A- and the issuer credit ratings of“ a-” of Highmark Inc., Keystone Health Plan West, Inc., HM Health Insurance Company and Highmark West Virginia Inc.. Concurrently, A.M. Best has affirmed the debt ratings of“ bbb+” on Highmark’ s existing senior notes. Additionally, A.M. Best has affirmed the FSRs of A- and the ICRs of“ a-”…
A.M. Best has affirmed the financial strength rating of A- and the issuer credit rating of“ a-” of N.V. Univé Her’ s risk-adjusted capitalisation has remained robust in recent years and it is likely to have strengthened in 2014. A.M. Best expects underwriting losses of EUR 10.7 million in 2013 to be reversed in 2014 as a result of improved claims experience and lower…
A.M. Best has affirmed the financial strength rating of A- and the issuer credit rating of“ a-” of N.V. Univé Her’ s risk-adjusted capitalisation has remained robust in recent years and it is likely to have strengthened in 2014. A.M. Best expects underwriting losses of EUR 10.7 million in 2013 to be reversed in 2014 as a result of improved claims experience and lower…
The FDIC promulgated part 340 in 2000 to implement section 11 of the Federal Deposit Insurance Act, (12 U.S.C. 1821 (p) (section 11 (p)). As provided in section 11 (p), part 340 also prohibits the sale of assets involving FDIC financing to certain persons who have defaulted on obligations of $1 million or more, in aggregate, owed to a failed insured depository institution or…
ADDRESSES: Send submissions to: CC: PA: LPD: PR, Room 5203, Internal Revenue Service, P.O. Box 7604, Ben Franklin Station, Washington, DC 20044. Submissions may be hand-delivered Monday through Friday between the hours of 8 a.m. and 4 p.m. to CC: PA: LPD: PR, Courier’s Desk, Internal Revenue Service, 1111 Constitution Avenue NW., Washington, DC, or sent electronically via the…
–Markel Corporation announced today that Jed Rhoads, President and Chief Underwriting Officer of Markel Global Reinsurance, has assigned the following responsibilities to the divisional management team. Andrew Barnard, Managing Director, and Peta White, Managing Director, will co-head Global Reinsurance operations in Markel’s Hamilton, Bermuda office.
A.M. Best has upgraded the issuer credit ratings to “a+” from “a” and affirmed the financial strength rating of A of Wilton Reinsurance Bermuda Limited, Wilton Reassurance Company, Texas Life Insurance Company, Heritage Union Life Insurance Company, Wilton Reassurance Life Company of New York, Wilcac Life Insurance Company and Conseco Life Insurance Company,…
Anchor Health Administrators, specialists in Long-Term Care Insurance Planning for Medical Field Professionals, today announced their exclusive agreement with LTC Solutions for All LLC as their national Long Term Care Insurance distribution partner. Anchor has more than 18 years of experience administering the Long Term Care Insurance benefits for…
Hygea Holdings Corp., a healthcare holding company that owns and operates integrated medical group practices and independent provider networks, announced today that it has tripled its existing revolving line of credit with Fifth Third Bank, from $5 to $15 million. “This new credit arrangement provides Hygea with the liquidity and financial flexibility we…
Home, auto, and other insurance products are a natural extension of many financial services that credit unions already deliver-and they offer a reliable source of non-interest income that doesn’t involve punitive fees, suggests CUES member Mike Mastro, president/CEO of $955 million/ 31,000- member Firefighters First Credit Union, Los Angeles.
In order for an individual to qualify for long-term Medicaid services in New York, in 2015, he or she can own no more than $14,850 in non-exempt assets. Assets that are considered exempt, and therefore not countable for Medicaid purposes, include qualified retirement accounts and the individual’s home, to the extent that the Medicaid applicant, a spouse, a minor,…
