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Task Force To Review MNsure Takes Shape

July 31, 2015 Newswires No comments.

Aug. 01– The chief executives at Allina Health System and a trade group for health insurers are among those named to a new state task force that will consider the future of Minnesota's public health care programs including MNsure and MinnesotaCare. Mark Dayton on Friday released his 11 appointees to the task force, which was created through legislation earlier…

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Univita companies to lay off 1,002 after losing Medicaid contract

July 31, 2015

Aug. 01– Just over 1,000 workers are being laid off after Univita of Florida abruptly told insurers this week that it would no longer provide home care products to Medicaid patients in the state. Southeast Homecare offers nursing care, physical therapy, occupational therapy, speech pathology, medical social and home health aide services throughout Florida.

High cost of aging poses dilemma for many families

July 31, 2015

Go Ye Village and Brookdale Tahlequah Heritage offer residents unique living experiences, but representatives from both advise people to begin planning early. Even with Medicare, assisted living is expensive, and Go Ye Village Chief of Operations David Williams said Medicare does not pay for care. With the life-care package, seniors can move into Go Ye…

Connie's IDK set to reopen soon after crash

July 31, 2015

July 31– Massive spray-painted letters across the particleboard covering the demolished entrance to Connie's IDK Eatery announced this week that the restaurant, closed since a vehicle slammed into it more than a month ago, will indeed return. Connie Carithers operates the restaurant– which serves breakfast, lunch and dinner– in a building at 1228 E. Fourth Ave….

Floridians Not Worried About Hurricanes This Year

July 31, 2015

The worst fears of Florida’s emergency managers were confirmed this week — the majority of Sunshine State residents don’t believe a hurricane will hit this year and don’t feel they’re particularly vulnerable if one does come ashore.

Harmony Healthcare International Announces Speaker Line-up for “HARMONY 2015”

July 31, 2015

“Engage: Don't Just Age” will be the theme of this year's “HARMONY 2015”, one of the industry's premier thought leadership symposiums, hosted by Massachusetts- based Harmony Healthcare International at Foxwoods Resort Casino in Ledyard, Connecticut, November 5 and 6. The event attracts over 250 “C”- level executives, administrators, directors of nursing,…

NJ won't take back Sandy victims' RREM money

July 31, 2015

“The Christie Administration believes that FEMA… is responsible for addressing any duplications created by additional flood insurance payments received,” said Lisa Ryan, a spokeswoman for the New Jersey Department of Community Affairs. “If a RREM homeowner receives additional flood insurance dollars as a result of FEMA's review of their claim, DCA will not…

HamCo: School board to vote soon on lowered insurance premiums

July 31, 2015

July 31– Tyson Johnson from Arthur J. Gallagher& Co. advised the Hamilton County School Board on Monday, July 13, that he had good news for the district and their employees regarding their benefits program for the upcoming fiscal year, thanks to targeted joint strategies to reduce costs. Gallagher& Co. represents the various carriers with whom the school district…

A.M. Best Places Ratings of Ironshore Inc. and Its Subsidiaries Under Review With Negative Implications

July 31, 2015

A.M. Best has placed under review with negative implications the financial strength rating of A and the issuer credit ratings of“ a” of Ironshore Insurance Ltd. and its affiliated operating companies: Ironshore Indemnity Inc., Ironshore Specialty Insurance Company and Ironshore Europe Limited. A.M. Best acknowledges that Ironshore continues to maintain…

Driveway Software, Inc. Raises $10 Million in Series A Funding to Conquer Mobile Telematics and Use Big Data to Disrupt The Insurance Industry

July 31, 2015

–Big data and Mobile Telematics Company Driveway Software, Inc. has closed a $10 million funding round led by Ervington Investments, representing prominent Russian businessman Roman Abramovich. “Since we launched five years ago, our smartphone app, Drivewise.ly, has collected over 500,000,000 miles and rewarded more than 250,000 drivers,” said Igor Katsman,…

U-Save Car & Truck Rental and LeFleur Transporation team up with Habitat for Humanity Mississippi Capital Area on a build in Canton, MS

July 31, 2015

The Company and its subsidiaries own the following brands: U-Save Car& Truck Rental ®, U-Save Car Sales, Rent-A-Wreck ® of Canada, PractiCar ®, Auto Rental Resource Center, Xpress Rent A Car, Sonoran National Insurance Group and Peakstone Financial Services. Although primarily based in the United States, U-Save has 18 international locations in Mexico, Greece,…

A.M. Best Affirms Ratings of Dongbu Insurance Co.

July 31, 2015

A.M. Best has affirmed the financial strength rating of A and the issuer credit rating of“ a+” of Dongbu Insurance Co., Ltd.. The outlook for both ratings remains stable. The ratings reflect Dongbu’ s robust risk-adjusted capitalization, long-term track record of strong operating performance and sound market profile.

York/Adams drug commission plans methadone clinic for Hanover-Adams area

July 31, 2015

That's because the closest methadone clinic is in eastern York County. Steve Warren and other members of the York/Adams Drug and Alcohol Commission want to change that by opening another methadone clinic near Hanover. When it does, though, area officials hope it will help combat the growing number of heroin and prescription drug additions in the Hanover- Adams…

The Week in Public Finance: Pensions, Hedge Fund Sneakiness and Retirees

July 31, 2015

Moody's Investors Service released its annual valuation of pension liabilities of the 50 largest local governments and– no surprise here– the agency ranks Chicago as the worst big city in the country. Moody's uses a slightly different and more conservative valuation method than pension plan actuaries use to come up with its annual Adjusted Net Pension…

St. Vincent to dangle deal to employers

July 31, 2015

But St. Vincent Health now has a plan it thinks will win over employers. The program is operated by Tennessee- based MissionPoint Health Partners, which- like St. Vincent- is a subsidiary of St. Louis- based Ascension Health, the largest Catholic hospital system in the country.

Tribes Scramble To Avoid $1M In ACA Fines

July 31, 2015

July 31– Montana's Indian tribes, which until recently thought the Affordable Care Act would pass them by, could face fines exceeding $1 million for not offering insurance to employees. The requirement has been a surprise to tribes, said George Heavy Runner, Blackfeet Insurance Services health and wellness coordinator. Tax penalties facing the Blackfeet…

NES Financial Adds New EB-5 Medallion Solution Partner – Mark Edward Partners

July 31, 2015

NES Financial, the leading provider of EB-5 administration solutions, announced today that it has entered into an exclusive agreement with Mark Edward Partners, a leading provider of innovative insurance solutions, to provide the EB-5 industry with a unique early-release escrow solution. By aligning the innovative insurance product from Mark Edward…

Washington D.C. & Northern Virginia Area 401(k) and 403(b) Plan Leaders Gather for the 2015 Mid-Atlantic Fiduciary Summit

July 31, 2015

Additional local experts will include Henry Smith, ERISA Attorney at Smith& Downey, Matthew Roberts, Employee Benefit Plan Architect at Raffa Financial Services and a local employee benefit plan auditing firm TBA. Topics of Discussion: Past, Present,& Future of Retirement Plans Financial Wellness& Retirement Readiness Target Date Fund Panel featuring Senior…

Sun Life Acquires Prime Advisors

July 31, 2015

Sun Life Investment Management adds insurance asset management capabilities to U.S. institutional investment business. TORONTO, ON AND REDMOND, WA, July 31, 2015/ PRNewswire/- Sun Life Financial Inc. and Prime Advisors, Inc. announced today that Sun Life Financial has completed the purchase of Prime, headquartered in Redmond, Washington.

Ark Syndicate Management Ltd Agrees to Participate in CHART ExchangeEvent

July 31, 2015

Ark Syndicate Management LTD will be one of the London markets participating in the inaugural CHART Exchange event scheduled in October 2015. The team from Ark will be led by Richard Bryant, Head of Specialty Programs. “Richard Bryant has been an enthusiastic proponent of the CHART Exchange concept since its inception,” adds Glenn. “

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