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A.M. Best Upgrades and Removes From Under Review Ratings of Hingham Mutual Fire Insurance Company and Danbury Insurance Company

September 17, 2010

OLDWICK, N.J.–(BUSINESS WIRE)– A.M. Best Co. has upgraded the financial strength rating (FSR) to A- (Excellent) from B (Fair) and…

Anthem Blues Must Pay $20 Million in Premium Credits to Policyholders in Colorado

September 17, 2010

Anthem Blue Cross and Blue Shield in Colorado will pay about 90,000 policyholders a total of $20 million in premium…

Changes at LifePlans: Marc Cohen Takes on New Role, Joyce Ruddock Named President

September 17, 2010

ATLANTA–(BUSINESS WIRE)– LifePlans, Inc. today announced that its current president, Marc Cohen, Ph.D. will be stepping down from the day-to-day…

PROTECTIVE LIFE INSURANCE CO FILES (8-K) Disclosing Entry into a Material Definitive Agreement, Financial Statements and Exhibits

September 17, 2010

Item 1.01 Entry into a Material Definitive Agreement. On September 13, 2010, Protective Life Insurance Company (“Protective Life”), a wholly…

Integro Names Jack Byrne Chairman to Succeed Clements

September 17, 2010

John (Jack) Byrne, an Insurance Hall of Fame honoree, was elected chairman of the board of Integro, the insurance broker…

AutoInsurance.com Launches Retrieve Quote Function

September 17, 2010

  September 17, 2010 Public auto insurance rating engine AutoInsurance.com, with the launch of its new “retrieve saved quote” function,…

New Data Show Millions of Americans With Alcohol and Drug Addiction Could Benefit From Health Care Reform

September 17, 2010

If implemented properly, federal health care reform legislation could help remove financial barriers to treatment for millions of Americans…

Transamerica Retirement appoints regional vice president

September 17, 2010

Sep 17, 2010 (Datamonitor via COMTEX) — Transamerica Retirement Services, a marketing unit of Transamerica Financial Life Insurance Company, has…

Hylant appoints vice president and client executive

September 17, 2010

Sep 17, 2010 (Datamonitor via COMTEX) — Hylant Group, a privately owned insurance brokerage firm, has appointed Jeff Branca as…

ACLI Lauds Senate for Passing Partial Annuitization Proposal

September 17, 2010

“The provision simplifies the process for non-qualified annuity owners to annuitize a portion of their annuity contract while allowing the remaining amount to grow tax-deferred.”…

MetLife, Alico Merger Will Cost More

September 17, 2010

The integration will cost $500 million over three years and annual savings will be $100 million. The company had originally projected that the integration would cost $300 million-$350 million and had expected annual savings of $50 million…

HHS Challenges Health Insurer Rate Increases

September 17, 2010

HHS Secretary Kathleen Sebelius threatens that insurers seeking “unjustified” increases could be shut out of the health insurance exchanges in 2014…

Health and Human Services Department Documents and Publications

September 17, 2010

SUMMARY: This proposed rule would implement provisions of section 10201(i) of the Patient Protection and Affordable Care Act of 2010…

Is Disability Insurance Worth It?

September 17, 2010

ST. LOUIS, Sept. 17 /PRNewswire/ — Financial Blog, ChristianPF.com released an article that tries to answer the question, “Why should…

Insurance Exec Joins JMB Insurance, One of the Nation’s Leading Insurance Brokerage Firms, as Co-CEO

September 17, 2010

CHICAGO, Sept. 17 /PRNewswire/ — Matthew Horwitch joined JMB Insurance, one of the nation’s leading insurance brokerage firms, this week…

A.M. Best Upgrades Ratings of Florida Hospitality Mutual Insurance Company

September 17, 2010

A.M. Best Co. has upgraded the financial strength rating to A- (Excellent) from B++ (Good) and issuer credit rating to…

AmTrust names new CEO of European operations

September 17, 2010

Sep 17, 2010 (Datamonitor via COMTEX) — AmTrust Financial Services, an insurance holding company, has named Max Caviet, executive vice…

Man pleads guilty in life-insurance scheme [Richmond Times-Dispatch, Va.]

September 17, 2010

Sept. 17–RICHMOND, Va. — A Richmond-area figure in a scam that authorities say fleeced 800 investors in the U.S. and…

Williams to be part of health care overhaul [The Olympian, Olympia, Wash.]

September 17, 2010

Sept. 17–Democratic state Rep. Brendan Williams has taken a top policy position with state Insurance Commissioner Mike Kreidler that will…

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