Newswires

July 17– UPDATE: While federal crop insurance will help Iowa grain farmers survive the drought, many livestock producers, who lack such protection, will not, according to Bill Tentinger of LeMars, president of the Iowa Pork Producers Association. High corn prices– now approaching $8 a bushel– will force many pork producers out of business, Tentinger said Tuesday at…

July 17– VERSAILLES– Former Woodford County Coroner Steve Ward, who is serving a jail sentence for misdemeanor sexual misconduct, will ask a judge later this month to approve a request to allow Ward to work during the day at his Versailles funeral home. “Allowing this type of work release will insure that the Blackburn and Ward Funeral Home will continue to be…

The law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty to current shareholders of Presidential Life Corporation and other violations of state law by the board of directors of Presidential Life relating to the proposed buyout of the company by Athene Holding Ltd., the reinsurer…

Today, leading provider of medical professional liability insurance Coverys was named to the 2012 Ward’ s 50 Top Performing Insurance Companies list. Based on Ward Group’ s annual analysis of the property-casualty industry, Coverys is recognized for achieving outstanding financial results in the areas of safety, consistency and performance over a…

MONTGOMERY, Ala., July 17, 2012/ PRNewswire-iReach/– CosmetAssure, an elective cosmetic plastic surgery insurance program, is now available in the states of Massachusetts, Connecticut and New Hampshire. CosmetAssure is only available to Board Certified Plastic Surgeons who are members of the American Society of Plastic Surgery or the American Society of…

Warwick, Rhode Island July 17, 2012. Astonish, a Digital Marketing Company catering to Local Insurance Agencies, Financial Services and Group Benefit firms, MGA’ s, Aggregators and Carriers recently launched a new website http://www.Astonish.com to educate prospective and existing clients on their line of products. The reality is, you have to do something to…

A.M. Best Co. has affirmed the financial strength rating of A- and issuer credit rating of“ a-” of Agrinational Insurance Company. The outlook for both ratings is stable. A.M. Best also has assigned an FSR of A- and ICR of“ a-” to ADM Insurance Company.

Aflac Incorporated announced today that it will release second quarter financial results after the market closes on July 24, 2012. In conjunction with the earnings release, Aflac Incorporated will webcast a conference call scheduled for 9:00 a.m. on July 25, 2012. Other Aflac executives will be available to answer questions, including Aflac Incorporated…

Kroll Bond Rating Agency assigned its final ratings to fourteen classes of UBS-Barclays 2012- C2 certificates in a $1.22 billion CMBS multi-borrower transaction. Concurrently, we have withdrawn our preliminary ratings on the certificates, which were assigned on June 26, 2012. There is a significant exposure to New York, which accounts for 22.0% of the pool…

July 16– A federal judge in Denver has agreed with Tom Grabanski, formerly of Grafton, N.D., who, along with his partners in a farming operation in Colorado, was denied some $8 million in crop insurance indemnities in 2008.. Richard P. Matsch, senior district judge, ordered the U.S. Department of Agriculture’s Risk Management Agency to pay indemnities to the…

“Inexperienced or unreliable contractors can make home improvements a painful process for the customer,” said Angela Wong, USAA’s executive director of product management. ” Contractor Connection offers a network of more than 4,000 contractors in the United States and Canada. “Our consumer program leverages our position as an industry leader for insurance…

CSC today announced the expansion of its business process services with the launch of a complete insurance unclaimed property resolution process, including searches to identify deceased insureds, locate beneficiaries and distribute funds, or escheat unclaimed benefits to the States. “The laws and responsibilities around unclaimed property are…

Seattle, WA July 17, 2012. Trupanion, the second-largest and fastest growing pet insurance provider, today announced an expansion into Vermont and Maine effective immediately. Trupanion has been working to become licensed in all 50 states since expanding into the United States from Canada in 2008. Trupanion is now actively licensed in 48 states, the District…

To help contractors minimize subcontractor performance risks, the North America Construction insurance unit of XL Group plc today announced two new subcontractor prequalification programs, through strategic partnerships with Houston- based SureTec Information Systems, Inc. and ConstructSecure, a Marlborough, Massachusetts- based construction…

Research and Markets has announced the addition of the “Bajaj Allianz Case Study: Insurer completes first decade in India” company profile to their offering. India has an undeveloped insurance market as measured by density and penetration. India has a small but rapidly growing insurance market In 2010, the Indian market was worth $78 billion Insurance…

President Barack Obama’s landmark Affordable Care Act was passed on March 23, 2010, over seven months prior to the start of the lame duck Congress. Obama and millions of Americans owe a huge debt of gratitude not only to Roberts, but also to justices Ruth Bader Ginsberg, Sonya Sotomayor, Stephen Breyer and Elena Kagan. More than 2.6 million seniors have saved over…

MORRISVILLE, NC – July 2, 2012. WellPath Select, Inc., a subsidiary of Coventry Health Care, Inc. announced today that it…

While the majority of American homeowners have insurance, only 31 percent of renters buy renters insurance, according to an Insurance Information Institute survey conducted in May, 2012. That number drops to 15 percent…

BLOOMFIELD, Conn.& DENVER—- Cigna and New West Physicians, P.C., a large physician group in Denver, have launched a collaborative accountable care initiative to expand patient access to health care, improve care coordination, and achieve the“ triple aim” of improved health outcomes, lower total medical costs and increased patient satisfaction.