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Millions missing: Investigation widens into NM Title Co. [The Daily Times, Farmington, N.M.]

February 8, 2012

Feb. 08– FARMINGTON– Several million dollars appear to be missing from title and escrow accounts at New Mexico Title Co., a police detective said Tuesday, as the investigation widens into possible wrongdoing at the Farmington business. The New Mexico Division of Insurance is auditing the business with the help of the title company’s insurance underwriter,…

MSU is requiring freshmen to have health insurance or join its plan [Detroit Free Press]

February 8, 2012

Feb. 08– If Michigan State University freshmen don’t prove they have health insurance by the end of the month, the university will automatically enroll them in a plan and tack the cost onto their tuition bills. The state’s second-largest public university is the first in Michigan to make such a move– and it isn’t going over well with Republicans in the Legislature.

Sources Sought Notice – R– SAFETY AND MISSION ASSURANCE ENGINEERING CONTRACT

February 8, 2012

Office Address: National Aeronautics and Space Administration; Johnson Space Center; Office of Procurement; NASA/ Lyndon B. Houston Texas, 77058-3696, Mail Code: BJ. Description: National Aeronautics and Space Administration. The potential contract will require the review of work performed by othercontractors, International Space Station Program,…

Owner of Troese Title Companies Sentenced to Prison in $2.838 Million Mortgage Fraud Scheme

February 8, 2012

District Judge William M. Nickerson sentenced Stephen J. Troese, Sr., age 72, of Davidsonville, Maryland, today to a year and a day in prison followed by three years of supervised release for wire fraud arising from a scheme to defraud lenders and a title insurance company of $2,838,231. The sentence was announced by United States Attorney for the District of…

Wolpert Insurance Invites Business Owners to a Seminar on How to Maintain Low Premiums on the Workers Compensation Massachusetts Companies Need

February 8, 2012

Wolpert Insurance has built a reputation on providing affordable and comprehensive insurance solutions for businesses in even the most unique industries. From livery companies to professional movers, Wolpert Insurance has policies to fit companies of all shapes and sizes. Wolpert Insurance will shed light on this issue and prepare guests for the impact…

Autonet Insurance Appoints New SEO Firm

February 8, 2012

Autonet Insurance, the 2010 Insurance Times– Personal Lines Broker of the Year is proud to announce that they have appointed a new SEO firm to assist them in their online marketing campaign following a string of award wins by the insurance broker. Ian Donaldson, Managing Director of Autonet Insurance commented:“ We are pleased at the prospect of working with such…

Symetra Posts 4Q and Full-Year 2011 Results [Professional Services Close – Up]

February 8, 2012

Symetra Financial Corp. has reported fourth quarter 2011 net income of $74.2 million, or $0.54 per diluted share. In a release on February 1, the Company noted that this compares with $62.2 million, or $0.45 per diluted share, in fourth quarter 2010. For full-year 2011, Symetra produced net income of $199.6 million, or $1.45 per diluted share, compared with $200.9…

North Coast Life Announces Agreement in Principle with GPM Life

February 7, 2012

North Coast Life Insurance Company announced today that it has reached an oral agreement in principle with Government Personnel Mutual Life Insurance Company pursuant to which:. GPM Life will purchase 763,017 authorized but unissued shares of common stock of North Coast Life, at the price of $7.66 per share, and a surplus debenture in the principal amount of…

Transatlantic Provides Clarification to Stockholders Regarding Merger with Alleghany

February 7, 2012

Transatlantic Holdings, Inc. today clarified that all Transatlantic stockholders, including those who were not record holders on the January 4, 2012 record date for yesterday’ s special meeting of Transatlantic stockholders and consequently have not received election forms with respect to the proposed merger with Alleghany Corporation, may request…

Aetna’s $66,100 Bunion Surgery Lawsuit Changed U.S. Out-of-Network Healthcare History

February 7, 2012

ERISAclaim.com offers new Executive Webinars to examine Aetna’s“ $66,100 Bunion Surgery” lawsuit against seven California surgery centers, filed on 02/02/2012 in the state court, seeking to stop the alleged UCR billing without collecting full deductible and coinsurance from all patients. This new Aetna lawsuit is filed in California after Aetna’ s other…

FORTEGRA FINANCIAL CORP FILES (8-K) Disclosing Entry into a Material Definitive Agreement

February 7, 2012

On February 1, 2012, Life of the South Insurance Company, an indirect wholly-owned subsidiary of Fortegra Financial Corporation, and National Union Fire Insurance Company of Pittsburgh, PA, entered into Amendment Four to the Administrative Services Agreement, as amended. Amendment Four, which is effective as of January 31, 2012, provides for revised service…

Social Security Disability Appeals Reached New Record in 2011

February 7, 2012

More people than ever appealed their denied Social Security Disability Insurance claims to the hearing level last year, illustrating the need for representation with disability appeals, according to Allsup, a nationwide provider of Social Security disability representation and Medicare plan selection services. “Most people are denied Social Security…

The Hartford Reports Fourth Quarter 2011 Financial Results

February 7, 2012

The Hartford reported net income of $127 million, or $0.24 per diluted share for the fourth quarter of 2011 compared with $619 million, or $1.24 per diluted share, in the fourth quarter of 2010. Core earnings in the fourth quarter of 2011 were $339 million, or $0.69 per diluted share, compared with $529 million, or $1.06 per diluted share, in the fourth quarter of…

Search begins for new CEO at the Kansas Cosmosphere in Hutchinson [The Wichita Eagle, Kan.]

February 7, 2012

Search committee co-chairs are Tom Giller, KCSC Governing Board chair and community bank president of Commerce Bank, Manhattan, Kan.; and Allen Fee, president of Fee Insurance Group and past president, KCSC Governing Board, Hutchinson. The search committee includes Aubrey Abbott Patterson, Leann Cox, John Doswell, Alan Feldkamp, Bobby Gandu, Sarah Liebl, John…

Alteris’ SeptiCover Program Endorsed by the National Onsite Wastewater Recycling Association (NOWRA)

February 7, 2012

Alteris, a services-oriented, complete solutions provider for the managing general agency community and a member of Argo Group International Holdings, Ltd., has announced that its SeptiCover Program has been chosen by the National Onsite Wastewater Recycling Association as the preferred errors and omissions insurance provider for its 1,800 members…

NY Senate Passes Bill Making Forging Auto Insurance Card a Felony

February 7, 2012

The New York State Senate has passed legislation designed to ramp up penalties for those who commit automobile insurance fraud…

Bill would guarantee Lexington police, fire retirees full funding of health insurance premiums [The Lexington Herald-Leader, Ky.]

February 7, 2012

Feb. 07– A Nicholasville senator has filed a bill in Frankfort that would guarantee Lexington police and fire retirees full funding of health care insurance for life, a change that would cost “tens of millions of dollars” during the next 20 to 30 years, a Lexington city official said. Tom Buford, R- Nicholasville, said the purpose of Senate Bill 130 is to restore what…

Chief of embattled Cabinet for Health and Family Services resigns [The Lexington Herald-Leader, Ky.]

February 7, 2012

Feb. 07– FRANKFORT– The chief of Kentucky’s embattled Cabinet for Health and Family Services will step down on Feb. 29 to seek other opportunities, Gov. Secretary Janie Miller was among Beshear’s first appointments when he took office in 2007. As head of the state’s largest agency, Miller has overseen the transition of 560,000 Medicaid recipients to a managed…

Alum Rock schools get into health care business [San Jose Mercury News, Calif.]

February 7, 2012

Feb. 07– In the lopsided battle to preserve an ever-shrinking budget, the Alum Rock Union School District is making a foray on a new front: community health care. Now, through a partnership with its health insurance broker, Keenan& Associates, Alum Rock has become a conduit for offering discounts on prescription drugs not only to employees, but also to residents in…

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