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Gen Re: Stephane Julien Joins Marketing and Account Management Team; Tom Coleman To Retire

January 12, 2015

Stephane will be based out of the Stamford, Connecticut office, reporting to Joe Atamaniuk, Vice President, Marketing and Account Management. According to the company, before joining Gen Re, Stephane worked in the product development and pricing area at Ameriprise Financial in Minneapolis, and prior to that served as a pricing and marketing actuary for…

A.M. Best Co. Affirms A (Excellent) Rating For Insurance Companies of National Life Group

January 11, 2015

Montpelier, Vermont – Dec. 8, 2014 – A.M. Best has affirmed the financial strength rating of A (Excellent) for National…

A mother says goodbye to a son ravaged by Huntington’s disease

January 11, 2015

Jan. 11– Joanna Pacini reached into the coffin and touched her son’s face. His peaceful expression contrasted with their last encounter, on Dec. 30. She was preparing chicken cutlets in their Clifton Heights, Delaware County, kitchen while he raged about the pope.

The Philadelphia Inquirer Web Wealth column

January 11, 2015

Writer Glenn Curtis lists “late-stage retirement catch-up tactic” that include funding retirement savings accounts “to the hilt.” A chart at 401 khelpcenter.com shows the new, higher 401 plan contribution limits for 2015. Cost-of-living increases have hiked the standard contribution limit to $18,000, and increased the “catch-up” contribution for workers…

EPA targets didn’t take responsibility for Miller Plating cleanup

January 11, 2015

Jan. 10– EVANSVILLE– Dan Stocks doesn’t want to talk about the toxic mess his company left at Miller Plating and Metal Finishing or the fact that taxpayers footed the $1.4 million bill for the cleanup. In a later email message, Jake Stocks cast Dan Stocks as the would-be savior of the formerly family-owned business, pointing to his company’s purchase of its assets…

Fire destroys large milking parlor at Beekmantown farm

January 11, 2015

Jan. 11– BEEKMANTOWN– The cause of a fire that gutted a milking parlor in a large multi-million-dollar barn on Bubbins Farm early Saturday morning is not considered suspicious, officials said. None of the smoke or heat reached any of the 2,000 cows who are housed in the structure at 52 Pardy Road in Beekmantown, and a vet confirmed none of the animals were injured,…

Tennessee legislature convenes Tuesday with full agenda of controversial issues

January 10, 2015

Jan. 11– NASHVILLE– The new Tennessee legislature opens its two-year run Tuesday with an agenda of hotly controversial issues that would impact Tennesseans in their doctors’ offices, schools, workplaces and pocketbooks. Bill Haslam’s new health insurance proposal. Ron Ramsey as the House and Senate speakers on Tuesday and the re-elections of State…

Business briefs: Burkel named district manager

January 10, 2015

Farmers Union Insurance has named Randy Burkel as district manager, based in Grand Forks. Alba Serrano recently was promoted to assistant manager at Denny’s restaurant in Grand Forks. She has been with Denny’s for the past year as a server and server trainer and was also a recipient of the Hospitality Hero award for outstanding service.

Fannie Mae and Freddie Mac loosen mortgage restrictions but is home ownership right for you?

January 10, 2015

A 97 percent loan-to-value option announced last month by Fannie Mae and Freddie Mac will be available in the first quarter, industry observers said. In December, Fannie Mae and Freddie Mac’s overseer issued the new lending guidelines to “enable creditworthy borrowers who can afford a mortgage, but lack the resources to pay a substantial down payment plus…

Fire destroys large milking parlor at Beekmantown farm

January 10, 2015

Jan. 10– BEEKMANTOWN– The cause of a fire that gutted a milking parlor in a large multi-million-dollar barn on Bubbins Farm early Saturday morning is not considered suspicious, officials said. None of the smoke or heat reached any of the 2,000 cows who are housed in the structure at 52 Pardy Road in Beekmantown, and a vet confirmed none of the animals were injured,…

EPA targets didn’t take responsibility for Miller Plating cleanup

January 10, 2015

Jan. 10– EVANSVILLE– Dan Stocks doesn’t want to talk about the toxic mess his company left at Miller Plating and Metal Finishing or the fact that taxpayers footed the $1.4 million bill for the cleanup. In a later email message, Jake Stocks cast Dan Stocks as the would-be savior of the formerly family-owned business, pointing to his company’s purchase of its assets…

Latino clients awarded $42M-plus in horrific traffic accident

January 10, 2015

Dec. 26, 2014: Cleveland attorney Patrick Merrick recently co-won the court judgment of a lifetime for a pair of Latino clients who were victims of a horrific 2010 traffic crash. A Cuyahoga County jury in October awarded more than $42 total million in damages to Joshua Rojas and Kiara Torres, who each suffered extensive brain trauma following the accident.

Blue Shield, Sutter Health dispute doesn’t immediately affect plan members

January 9, 2015

A previous contract expired Dec. 31 after Blue Shield and Sutter did not agree to terms of a new pact. Blue Shield is sending letters to 280,000 members in the Northern San Joaquin Valley, Sacramento region and Bay Area, explaining that the cancellation does not immediately affect them. The insurer said health maintenance organization members will be assigned…

Fire damage estimated at $60,000 at Cozy Corner restaurant

January 9, 2015

Jan. 09– A fire at Cozy Corner, the popular restaurant known for its barbecue, was started when an electrical panel in the storage room malfunctioned, causing damages to the building and contents estimated at $60,000, Memphis fire officials said Friday. Fire crews responded to an alarm at the restaurant at 745 North Parkway and Manassas near Downtown at 1:25 p.m….

GM’s OnStar drivers may quality for discounts from Progressive Insurance

January 9, 2015

Jan. 10– Progressive Insurance has struck a deal with General Motors’ OnStar unit in which participating drivers may get feedback on their motoring habits and might qualify for discounts on their coverage. Through OnStar, Progressive will review mileage, time of day and hard braking of participants. The feedback will be delivered by OnStar to participating…

FHA mortgage insurance rate cut to take effect Jan. 26

January 9, 2015

Jan. 09– The Federal Housing Administration on Friday spelled out details of its plan to lower mortgage insurance premiums, a day after President Barack Obama unveiled the effort to jump-start first-time home purchases. The lower insurance rates on 30- year mortgages will take effect Jan. 26. Then, borrowers can restart the process and get new case numbers…

Loss Control Specialist Steven Stick Joins Higginbotham Insurance

January 9, 2015

–Higginbotham, one of the largest independent insurance firms in the U.S. with more than 20 locations in Texas, hired Steven Stick as senior loss control consultant. Higginbotham complements the insurance coverage it places for businesses with risk management services performed by an in-house group of 26 professionals in safety, contract liability, risk…

GWG Holdings, Inc. Announces New Offering Of L Bonds, A Publicly Registered Corporate Debt Offering

January 9, 2015

–GWG Holdings, Inc., announced today that it has commenced offering an L Bond, a publicly registered corporate debt offering with interest rates of 4.25%-9.00% and terms of 6 months to 7 years, respectively. Emerson Equity LLC is serving as the managing broker-dealer for the offering, which is being sold through a network of participating dealers and licensed…

Legislative leaders unveil session priorities

January 9, 2015

Jan. 09– ST. PAUL– Free tuition at two-year public colleges, loan forgiveness for health care workers in rural areas, and increased transportation spending are just some of the ideas being pushed by legislative leaders. Both sets of proposals did share a common theme– a heavy focus on the needs of Greater Minnesota. Among the first bills introduced in the DFL-run…

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