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Univera parent Excellus named one of ‘Healthiest Companies’ [The Buffalo News, N.Y.]

February 25, 2012

Feb. 25– Excellus Health Plan, the Rochester- based parent of Univera Healthcare, was named among the “Healthiest Companies in America” after its own in-house wellness program helped hundreds of employees get healthier. The award from Interactive Health Solutions Inc. recognized the insurer for “creating a culture of wellness” and for getting many of its…

Cancer’s Growing Burden: The High Cost Of Care

February 25, 2012

Patti Tyree was afraid that cancer would steal her future. But copayments for just one $18,000 round of breast chemotherapy and one shot of a nearly $15,000 blood-boosting drug cost her $2,000…

Neidhart running for state senate [The Norman Transcript, Okla.]

February 25, 2012

Feb. 25– NORMAN– Local businessman Bob Neidhart has announced plans to seek the Republican nomination in state Senate District 15. He and his wife, Sherry, have lived in Norman for many years and their children attended Norman schools. He worked at Goodyear Tire& Rubber Co. in Akron, Ohio.

Health Care Reform Signals Uncertainty For Insurance Agents

February 25, 2012

The changes trigger concerns about whether insurance agents will have a role in the statewide exchange and how consumers will figure out which policy is best for them…

Media Briefing Note: What Does the IORP Directive Mean for UK Pension Schemes?

February 25, 2012

On 15 February 2012, the European Insurance and Occupational Pensions Authority published its final Advice to the European Commission on changes to the Institutions for Occupational Retirement Provision Directive. The IORP Directive is the European legislation which provides a framework for the regulation of funded occupational pension schemes in…

EDITORIAL: Letters to the Editor [The Philadelphia Inquirer]

February 25, 2012

Feb. 25– Protect the church. I applaud Archbishop Charles J. Chaput’s defense of our religious liberty. I was disappointed in the timid and cautious response of the America’s Health Insurance Plans trade group to President Obama’ s modification of his contraceptive mandate related to religious institutions that have a moral issue with providing these…

Taylor Appointed to National Association of Insurance Commissioners Task Force

February 25, 2012

Ohio Lieutenant Governor and Department of Insurance Director Mary Taylor has been appointed to serve on the National Association of Insurance Commissioners Receivership and Insolvency Task Force. She will be represented on the committee by the Chief Deputy Liquidator of the Office of the Ohio Insurance Liquidator, Lynda Loomis. Additionally, Loomis…

Man accused of insurance fraud involving severed hand released on bond [The State, Columbia, S.C.]

February 25, 2012

Feb. 25– A Cayce man accused of cutting off a person’s hand as part of an insurance scam was released from jail Thursday. Gerald B. Hardin posted $100,000 bond and was released from Lexington County Detention Center after turning himself in earlier this month. According to the indictment, Hardin and another person used a pole saw– a small chain saw attached to a pole…

Insurer sues Fort Worth Transportation Authority over pedestrian’s death [Fort Worth Star-Telegram, Texas]

February 25, 2012

Feb. 25– FORT WORTH– An insurance company sued the Fort Worth Transportation Authority on Friday over the 2010 death of a Haltom City woman who was struck and killed by a bus in downtown Fort Worth. New Hampshire Insurance Co. seeks unspecified damages from the T and bus driver LeShawn Renea Vaughan. The company says in its lawsuit that it has paid “substantial”…

USAA Makes Executive Changes [Professional Services Close – Up]

February 25, 2012

USAA announced that Stuart Parker will become USAA’s chief financial officer, effective immediately, following the resignation of current CFO Kristi A. Matus, who will serve as special assistant to the CEO until her departure from the organization on March 2. -Prior to leading USAA Property and Casualty Insurance Group, Parker served for more than three years…

A.M. Best Assigns Ratings to Starr International Insurance (Singapore) Pte. [Professional Services Close – Up]

February 25, 2012

A.M. Best Co. has assigned a financial strength rating of A and an issuer credit rating of “a” to Starr International Insurance Pte. Ltd., a wholly owned subsidiary of Starr Insurance& Reinsurance Limited and an indirect wholly owned subsidiary of Starr International Company, Inc., a private investment holding company. The outlook assigned to both ratings is…

MotorQuoteDirect: Insurance Costs and Whiplash Claims Discussed at Summit [Manufacturing Close – Up]

February 25, 2012

Last week insurance bosses met with the Prime Minister, David Cameron, and other Government Ministers in order to discuss ways in which the burden on UK motorists can be lifted. Furthermore, the Transport Secretary, Justine Greening, has described the UK recently as being the “whiplash capital of Europe” whilst David Cameron is keen to put an end to the “trivial…

Guardian Names Michael Martocci to Its Group Benefits Management Team [Professional Services Close – Up]

February 25, 2012

The Guardian Life Insurance Company of America, a mutual life insurer and a provider of employee benefits, announced that Michael Martocci has joined the Group Benefits management team as 2nd Vice President, Worksite Markets. He joins Guardian from ING, where he served as Regional Director of the Mid-Atlantic region for Worksite and Voluntary products.

New Flood Maps Show Current Risks in Burnet County, Texas

February 24, 2012

The U.S. Department of Homeland Security’s Federal Emergency Management Agency issued the following news release:. The new Burnet County flood maps become effective on Thursday, March 15 giving those who haven’t purchased flood insurance yet, time to get the best possible premiums to protect their property from potential flooding. “While many people are…

Bay Area Home Insurance Company, EQ Insurance Service Offers Tips About Earthquake Insurance Options

February 24, 2012

The Bay Area’ s home insurance company, EQ Insurance Service of Walnut Creek provides the top three reasons why homeowners should explore options for earthquake insurance in lieu of accepting the limited scope of protection provided by the California Earthquake Authority’ s policy. “This policy is not covered by the California Insurance Guaranty…

Enstar Group Limited Announces Appointment of Robert v. Deutsch to the Board of Directors of Enstar Holdings (US) Inc.

February 24, 2012

HAMILTON, Bermuda, Feb. 24, 2012– HAMILTON, Bermuda– February 24, 2012– Enstar Group Limited announced that Robert V. Deutsch has joined the board of directors of Enstar’s wholly-owned subsidiary, Enstar Holdings Inc., the ultimate parent company of Enstar’s U.S. operations. Mr. Deutsch, 52, is a partner at GCP Capital Partners LLC, where he focuses on…

Enstar Group Limited Reports Year-End Results

February 24, 2012

HAMILTON, Bermuda, Feb. 24, 2012– Enstar Group Limited filed its annual report on Form 10- K with the SEC earlier today, reporting its earnings and financial position for the year ended December 31, 2011. The Form 10- K, which is available on Enstar’s website, www.enstargroup.com, contains a more detailed description of Enstar’s business and financial results.

SUNTRUST BANKS INC – 10-K – MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

February 24, 2012

Important Cautionary Statement About Forward-Looking Statements. This report may contain forward-looking statements. Statements regarding the impact of actions taken to mitigate the effects of the Durbin Amendment and Regulation E, the Volcker Rule, lower provision expense on net income available to common shareholders as credit quality improves, and…

ENSTAR GROUP LTD – 10-K – MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

February 24, 2012

Cautionary Statement Regarding Forward-Looking Statements. This annual report and the documents incorporated by reference contain statements that constitute “forward-looking statements” within the meaning of Section 21 E of the Securities Exchange Act of 1934, as amended, or the Exchange Act, with respect to our financial condition, results of…

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