Newswires

India Network Services announced today a new Platinum Comprehensive Insurance plan to help visitors cope with unexpected medical bills while visiting the United States. KV Rao, President, India Network Foundation commented,“ With the Platinum Comprehensive Plan, we have fulfilled a long standing desire of our members for higher policy coverage for their…

The average cost of surviving a U.S. heart attack or stroke is $100,500, and much of it is not covered by standard health insurance, an insurance firm says. Polly Galbraith, vice president and chief medical director at Assurant Employee Benefits, an employee benefits and services insurance provider, said 30 years ago, the family of a victim of a heart attack or…

CNO Financial Group, Inc. today announced that, effective immediately, Charles W. Murphy has resigned from its Board of Directors. Mr. Murphy has served on the company’s Board since February 2010. Neal Schneider, Chairman of the Board of Directors said, “On behalf of the entire Board, I would like to thank Charles for his contributions to the company over the past…

When Sandy hit the East Coast in October, Allstate Insurance Company had claim personnel on the ground helping customers begin the claim process and start to rebuild their lives. Allstate has donated $15,000 to the project. The idea to lend a helping hand to the National Fish and Wildlife Foundation came about because of Allstate’ s affinity relationship with…

Shares of Magellan Health Services Inc. tumbled Monday after the company announced the impending loss of a major contract to provide behavioral health management services for an insurer. THE SPARK: The Avon, Conn., company said in a statement that the unidentified customer decided to work with another vendor and won’t renew a contract that ends Dec. 31, 2013.

Christine Lucarell sued the insurance giant, alleging Nationwide enrolled her in an agency executive program, then withheld financing from her agency and made her working conditions so intolerable she was forced to quit…

We always had really tall Christmas trees at home- so tall they usually reached right to the living-room ceiling of our family’s house in the Fresh Meadows neighborhood of Queens. Every year Mother would say, “Perhaps a smaller one would do this time,” but invariably we ended up bringing home another huge pine. Kevin’s grammar school gave each pupil a small…

They pointed to a number of factors, including GOP opposition to President Barack Obama’s health care reform provision that employers’ health insurance policies cover birth control. Lyons went on to defend GOP attempts to defund Planned Parenthood and to require women seeking an abortion to view an ultrasound of the fetus. But some GOP candidates sabotaged…

However, the loofping deadlines within the 2010 Affordable Care Act- including sequestration and the tax increases of the so-named “fiscal cliff” should Congress fail to act by year’s end- mean lawmakers and the President still must work together on a host of challenges in the next two months. No one can predict how Congress and the LTC industry players will…

On Nov 8, The Business Council of Westchester hosted a health care forum called The Future of Health Care in New York State at the Crowne Plaza in White Plains, designed to inform businesses what they face in health care costs as the law is implemented. In New York, 16 percent of New Yorkers under 65 do not have insurance, with most uninsured New Yorkers earning too…

The University of Texas Board of Regents decided to seek legislative approval for a new emerging research university in the Rio Grande Valley, and to allocate $100 million to transition the Regional Academic Health Center to a school of medicine. The new university would include the University of Texas at Brownsville, the University of Texas-Pan American…

Dec. 30– Of the hundreds of news stories reported by The Free Press staff this year, some stood out for the importance of the event or issue reported. These 10 stories were chosen by the people who produce The Free Press every day of the year as the most significant of 2012.. Attorney for the Eastern District of North Carolina, on July 17, handed down an eight-count…

U.S. Attorney’s Office December 28, 2012. Southern District of New York 637-2600. Preet Bharara, the United States Attorney for the Southern District of New York, announced today that former Long Island Railroad employees Thomas Delalla, Frank Plaia, Sharon Falloon, and Kevin Nugent pled guilty to federal charges in connection with their participation in an…

Document Number: “Docket ID FEMA-2012-0003; Internal Agency Docket No. SUMMARY: This notice lists communities where the addition or modification of Base Flood Elevations, base flood depths, Special Flood Hazard Area boundaries or zone designations, or the regulatory floodway, as shown on the Flood Insurance Rate Maps, and where applicable, in the supporting…

Dec. 31– If someone took New Year’s revelry a bit too far this holiday weekend, they could end up behind bars for longer than expected. That means anyone arrested between Dec. 21 and Christmas Eve who couldn’t afford the amount set by a District Court commissioner had to wait until Dec. 26 for a hearing before a judge. Jim Frank, who owns Jim Frank Bail Bonds on David Lane,…

Houston- based risk management firm, Iscential, was recently named as one of the 2013 Best Companies to Work for in Texas. The awards program was created in 2006 and is a project of Texas Monthly, the Texas Association of Business, the Texas State Council of the Society for Human Resource Management and Best Companies Group. The 2013 Best Companies to Work for in…

Dec. 31– Good news rose to the top of the list that Richmond Times-Dispatch readers selected as the top business news stories of the year. At a time when many companies are reluctant to expand or are even cutting back on jobs, Health Diagnostic Laboratory was one of the bright lights of the Richmond-area economy in 2012.. In March, construction crews started to tear…

Validus Holdings has announced that Kean Driscoll, Chief Executive Officer of Validus Reinsurance, is scheduled to participate in the Bank of America Merrill Lynch Reinsurance Renewal Conference Call on Wednesday, January 2 at 10 a.m.. WHAT: Bank of America Merrill Lynch Reinsurance Renewal Conference Call. WHEN: January 2 at 10 a.m..

Fitch Ratings has affirmed the’ AAA’ Insurer Financial Strength ratings of The Northwestern Mutual Life Insurance Co. and Northwestern Long Term Care Insurance Co., collectively referred to as Northwestern. Total adjusted statutory capital increased to $22.2 billion or 7 percent at Sept. 30, due to strong positive statutory operating earnings, and positive…