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U.S. Attorney’s Office, Railroad Retirement Board, and Long Island Railroad Also Announce the Creation of a Voluntary Disclosure and Disposition Program. Preet Bharara, the United States Attorney for the Southern District of New York; Martin J. Dickman, Inspector General of the Railroad Retirement Board; Janice K. Fedarcyk, the Assistant Director in Charge of…

Dimont& Associates, a nationwide insurance claims management company, announced David Voth as their new Senior Vice President of Technology. David joins the leadership team at Dimont with a focus on implementing advanced methodologies to meet industry’s expanding technology requirements. “Technology has become so critical in not only increasing…

A.M. Best Co. has downgraded the issuer credit rating to“ a” from“ a+” and affirmed the financial strength rating of A of West Bend Mutual Insurance Company. Best’ s expectation that West Bend will continue to grow surplus as management further implements strategies to improve its underwriting results and operating efficiencies. While A.M. Best acknowledges the…

LOS ANGELES, May 24, 2012– MediSwipe Inc., a merchant payment solutions and financial products company for the medical health care industry, today announced that the Company has signed a binding agreement to acquire all the assets and outstanding common stock of a unique telemedicine and online healthcare platform portal SweetMD.com.

May 24– A Dayton hospital is making changes as a result of a billing dispute between an Oakwood man and one of its subcontracting surgeons. In May 2011, Steve Mahoney took his youngest son, Ryan, then 6, to the emergency room at Children’s Medical Center of Dayton after the boy sliced off his fingertip in a door. Stanley Edwards, doesn’t accept health insurance.

Amy Klobuchar, D- Minn., has issued the following news release:. Senator Amy Klobuchar today introduced legislation to help ensure high-quality long-term care for America’s seniors. The Long-Term Care Insurance Consumer Right-to-Know Act, introduced with Senator Herb Kohl, would help consumers understand exactly what is covered in their long-term care…

Liberty Mutual Insurance has appointed Brian Dunham as senior vice president and chief actuary of its Group Benefits operation. Prior to joining Liberty Mutual, Mr. Dunham was responsible for the pricing and financial management of Unum’s large case group life and disability business. He is a Fellow of the Society of Actuaries and a Member of the American…

The U.S. Department of Homeland Security’s Federal Emergency Management Agency issued the following news release:. The new Saline County flood maps become effective on Tuesday, June 19 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…

May 24– METHUEN– The city and unions have agreed to a new insurance plan that could reduce the cost for the city by more than $1 million. The plan is estimated to bring the city’s insurance tab down by $1,229,509, from $11.4 million this fiscal year to about $10.2 million next year. According to the mayor’s office, an existing surplus in the city’s insurance pool of…

May 24– Long after the track stadium lights have dimmed, Jerry Utecht can be found packing sophisticated track and field timing equipment into his truck with the precision of a surgeon. Utecht said he runs a successful insurance brokerage firm, but he yearned for something else to fill that competitive fire that made him a champion hurdler at SMU and the Mustangs’…

A.M. Best Co. has upgraded the issuer credit ratings to “a+” from “a” and affirmed the financial strength rating of A of Atain Specialty Insurance Company and its wholly-owned subsidiary, Atain Insurance Company both of which operate under an intercompany pooling agreement. The potential triggers for downward ratings pressure could occur if both companies’…

W. R. Berkley Corp. announced the formation of a new marine division of its Berkley Offshore Underwriting Managers operating unit. Commenting on these appointments, W. Robert Berkley, Jr., president and chief operating officer of W. R. Berkley Corp., said, “We are extremely pleased to have Brian and Les join the Berkley Offshore team. W. R. Berkley Corp. is an insurance…

Willis Programs of New Hampshire, a unit of Willis Group Holdings, the global insurance broker, this week introduced a customized insurance solution for the equipment rental industry. Rent-itGuard is designed to meet the insurance and risk management needs of businesses engaged in the rental of equipment including light and heavy construction equipment,…

McDonough has served on PIAA committees and been actively involved with the PIAA for many years. Bill McDonough, CEO and President, MMIC. He is in his fourth year as chief executive officer and president of MMIC, a leading provider of medical professional liability insurance and health information technology solutions based in Minnesota.“ I look forward to…

May 22– The 25- year-old state law declaring the pit bull breed as vicious, and requiring owners to take extra precautions, ends Tuesday in Ohio. Dog bites accounted for more than one-third of all homeowners insurance liability claims paid out in 2011, costing nearly $479 million, according to the Insurance Information Institute. “It’s not fair to have…