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A.M. Best Comments on Ratings of MAPFRE PRAICO Insurance Company and Its Affiliates

June 26, 2012

A.M. Best Co. has commented that the financial strength rating of A and issuer credit ratings of“ a” of MAPFRE PRAICO Insurance Company, its wholly owned subsidiary, MAPFRE Preferred Risk Insurance Company, and an affiliate, MAPFRE Pan American Insurance Company collectively known as the MAPFRE PRAICO Group, remain unchanged following the recent market…

A.M. Best Comments on Ratings of the MAPFRE USA Group Members

June 26, 2012

A.M. Best Co. has commented that the financial strength ratings of A and issuer credit ratings of“ a” of the members of MAPFRE USA Group are unchanged following the recent market volatility surrounding Spain’ s economic conditions, derived from uncertainty underpinning the country’ s banking sector. The lead company in MAPFRE USA is The Commerce Insurance…

Reunited families celebrate [The Pueblo Chieftain, Colo.]

June 26, 2012

I didn’t want to be another statistic, “said Shauna Ducharme, who enlisted the help of the Department of Social Services after she and her husband Arthur were unable to find any other help for her son, Austin. The couple, who have been married for 19 years, took their son to the Parkview Medical Center emergency room because they had found evidence of suicidal…

Beacon Insurance Group Awarded Island Packet Readers’ Choice “Best Insurance Agency” for Bluffton, Hilton Head Island & Beaufort

June 26, 2012

Beacon Insurance Group was named Best Insurance agency by The Island Packet’ s 2012 Readers’ Choice Award. Additionally, Beacon Insurance Group became a founding member of the Greater Bluffton Chamber of Commerce. Beacon Insurance Group employs seven insurance professionals Brian Rose, Ken Groff, Stephanie Lee, Tanya Kirchner, Jane Massa, Jodi Calmes, Kris…

Applied Systems Epic is key to growth for California agency

June 26, 2012

University Park, Ill. June 26, 2012. An annual growth rate of 20 percent in each of the next four years is the driving force behind VANTREO Insurance Brokerage in Santa Rosa, Calif., an agency that has chosen Applied Systems Epic ® agency management software. VANTREO president Lynne Wallace said for a company to be considered high growth, it must grow by 20 percent a…

OAI: Report Highlights Mass. Auto Insurance Surcharge Appeals Process

June 26, 2012

A new report from the New England Center for Investigative Reporting showing a shrinking number of motorists appealing coverage surcharges in Massachusetts highlights the unique process through which drivers in that state can fight additional costs to their policies, according to Online Auto Insurance. In Massachusetts, motorists can take what they…

EMPLOYERS® Small Business Poll Finds Business Worries Keep 58 Percent of Decision-makers Awake at Night

June 26, 2012

Small business decision-makers from across the country reported an unchanged opinion about the U.S. economy, but reported a slight increase in optimism about their own prospects for revenue growth in 2012 compared to the prior year, according to a recent Small Business Opinion Poll conducted by ORC International, commissioned by EMPLOYERS ®.

XL Group Expands Technology Underwriting Team in New York, Chicago and Atlanta to Meet Growing Demand for Cyberliability Insurance

June 26, 2012

To meet businesses’ increasing demand for cyberliability insurance, the Select Professional insurance operation of XL Group plc has expanded its technology underwriting capabilities in New York, Atlanta and Chicago, adding six seasoned underwriters to its US cyberliability underwriting group and has appointed a new Vice President to its Select…

Sapiens International Named to Russell Global and Russell 3000 Indices

June 26, 2012

REHOVOT, Israel, June 26, 2012/ PRNewswire/–. Sapiens International Corporation N.V., a provider of innovative insurance software solutions and a member of the Formula Group, today announced that was added to the Russell Global Index as well as the Russell 3000 Index as Russell Investments reconstituted its comprehensive family of global indexes.

EXFO Unveils Ethernet One, a Centralized Ethernet Service Activation and Monitoring Solution

June 26, 2012

A key component, the new BV-3100 Brix Verifier, allows simultaneous turn-up of multiple sites, while monitoring thousands of endpoints.. QUEBEC CITY, June 26, 2012/ PRNewswire/- EXFO Inc. announced today the release of Ethernet One, a centralized Ethernet service activation and monitoring solution that enables network operators to deploy cost-effectively,…

YOU On Demand Joins Russell Microcap Index

June 26, 2012

NEW YORK, June 26, 2012/ PRNewswire/– YOU On Demand Holdings, Inc., China’ s leading national Pay-Per-View and Video On Demand platform, announced today that it has joined the Russell Microcap ® Index following Russell Investments reconstitution of its family of U.S. indexes. A full and final membership list is available at…

A.M. Best Affirms Financial Strength Ratings of Conifer Insurance Company and White Pine Insurance Company

June 26, 2012

A.M. Best Co. has affirmed the financial strength rating of B++ and downgraded the issuer credit rating to“ bbb” from“ bbb+” of Conifer Insurance Company. Concurrently, A.M. Best has affirmed the FSR of B+ and ICR of“ bbb-” of its affiliate, White Pine Insurance Company. The outlook for all ratings is stable. Both companies are wholly owned subsidiaries of Conifer Holdings,…

ViryaNet Annual Customer Conference Focuses on the User Experience and Business Value for Customers

June 26, 2012

ViryaNet Limited, a leading provider of software solutions that optimize the planning, execution, and monitoring of service processes for mobile workforces, recently held its annual customer conference in Nashville, Tennessee. The conference opened with a ViryaNet company update from CEO Memy Ish-Shalom, who welcomed new customers and recognized…

Albuquerque Journal, N.M., Upfront column [Albuquerque Journal, N.M.]

June 26, 2012

June 26– The Supreme Court is expected to rule Thursday on the constitutionality of the Patient Protection and Affordable Care Act, known to most of us as Obamacare. –Was proposed in 1994 by Republicans in Congress as a free-market alternative to President Bill Clinton’s health plan. –Was introduced in Congress in 2007 with 11 Republican co-sponsors and,…

FastTrack Tool to Help Salt Associates Optimize Life Waiver Process

June 26, 2012

Salt Associates will use the FastTrack tool to automate and streamline the Life Waiver process for their Carrier, Reinsurance and Third Party Administrator customers. The product will give Salt Associates the ability to verify employability for Life Waiver claimants within their existing restrictions and limitations, provide automated vocational…

Casualty Actuarial Society (CAS) Panel Predicts Positive Industry Outlook for Medical Professional Liability (MPL) Sector

June 26, 2012

Panelists included Elke Kirsten-Brauer, executive vice president and chief underwriting officer for MGIS Underwriting Managers Inc., a business unit of The MGIS Companies, a leading national provider of physician insurance products; Kimber Lantry, executive vice president, Hudson Insurance Group; Kevin Bingham, principal, Deloitte Consulting LLP; and…

Erie Insurance is ranked highest in the Mid-Atlantic on J.D. Power and Associates’ 2012 U.S. Auto Insurance Study (SM)

June 26, 2012

This March, Erie Insurance announced its honor as a J.D. Power and Associates’ Customer Service Champion for the second year in a row. ERIE now builds on that momentum by receiving the highest customer satisfaction rating in the Mid-Atlantic region on the J.D. Power and Associates’ 2012 U.S. The Mid-Atlantic region includes Delaware, the District of Columbia,…

MTR Gaming Group Joins Russell 3000 Index

June 26, 2012

MTR Gaming Group, Inc. today announced that it has been added to the U.S. broad-market Russell 3000 ® Index when Russell Investments reconstituted its comprehensive set of U.S. and global equity indexes after the equity markets closed on June 22. “We are very pleased to see that the extensive amount of work in expanding and improving MTR Gaming over the past…

QBE Creates Integrated Risk Management Services Practice

June 26, 2012

QBE Group issued the following news release:. The new RMS Practice is headed by Richard Thomas and comprises four integrated product practices- Property, Casualty, Motor Fleet and Professional Lines. The product practices are led by Sean Bell, Martin Devaney, Doug Jenkins and Deborah O’Riordan respectively.

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