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California State University Releases Audit Report of CSU Risk Management Authority

July 25, 2013

The CSURMA is a joint powers authority composed of the CSU and its auxiliaries to protect member resources by providing insurance coverage and risk management services. “The CSU places great importance on funding provided by the state and our students and it is critical that we use each and every dollar in the most appropriate way to serve students and fulfill…

FederalRetirementExperts.com Compares FEGLI Option B Rates vs Private Life Insurance Rates

July 25, 2013

FederalRetirementExperts.com was launched as a resource for every federal employee to help them understand their federal benefits options both while in service and in retirement. FederalRetirementExperts.com released a post this week titled“ FEGLI Option B Rates Vs Private Life Insurance Rates” to educate federal and postal employees on how to save…

North Kingstown Attorneys Help Man Receive $200,000 Settlement For Slip and Fall Injury

July 25, 2013

The d’ Oliveira& Associates injury and disability law firm recently obtained a $200,000 settlement for a man following his slip and fall accident that occurred when he slipped and fell on ice at a property. The man hired local slip and fall lawyer, Attorney Laura Cameron, to help negotiate with the opposing party’ s insurance company, and eventually obtain a…

ARI Insurance Companies Deploys the Diamond System Suite by Insuresoft [Professional Services Close – Up]

July 25, 2013

According to a release, ARI Insurance selected the Diamond Suite to provide a fully integrated and modern platform to improve operational efficiency and keep pace with business growth and demands. “Insuresoft has proved to be a valued partner by helping shape our technology future through the Diamond System Suite,” stated Karen Fulton, CEO at ARI Insurance…

Allianz Worldwide Care Wins 2 International Industry Awards [Health & Beauty Close – Up]

July 25, 2013

Global health insurer, Allianz Worldwide Care won awards in two categories at the Professional Adviser International Fund& Product Awards 2013.. Allianz Worldwide Care received the Best in Class Award for its range of international health insurance plans designed specifically for Non-Governmental Organisations. The award’s judging panel explained, “…

Highmark resolves stalemate with St. Clair Hospital [The Pittsburgh Tribune-Review]

July 24, 2013

July 24– Highmark Health Services and St. Clair Hospital have ended a months-long contract battle that prevented Highmark insurance customers from receiving care at a McMurray outpatient clinic St. Clair opened in June. Highmark, the state’s largest health insurer, said it and the Mt. Lebanon hospital system signed a multiyear contract on Wednesday, giving…

State Farm Insurance Agent Chris Tighe Selected into Insured.By Ring of Honor

July 24, 2013

Insured.by has selected West Palm Beach insurance agent Chris Tighe for inclusion in its listing of exceptional local insurance agents. This marks Chris’s West Palm Beach, FL agency as a true standout among the other local insurance agencies in his community. Chris Tighe and the professionals in his agency work each day to help the West Palm Beach, FL community…

EPIC adds Principal Chuck Cushner in San Mateo

July 24, 2013

“Chuck’s client focus, deep roots in the Bay Area and proven ability to deliver creative, cost-effective solutions make him a great fit for EPIC,” said EPIC co-founder Dan Francis. Prior to EPIC, Cushner was a senior vice president with Wells Fargo Insurance Services in San Carlos, Calif. Cushner began his career with Calco Insurance Brokers and Agents in San Mateo,…

Willis Group Reports Second Quarter 2013 Results

July 24, 2013

NEW YORK, July 24, 2013– Willis Group Holdings plc, the global risk advisor, insurance and reinsurance broker, today reported results for the three and six months ended June 30, 2013. Willis Group earnings per diluted share, both reported and adjusted, were $0.59 in the second quarter of 2013. Foreign currency movements decreased earnings per diluted share by…

Partners Advantage Unveils Partners Elite Advisory Group

July 24, 2013

Riverside, CA – July 24, 2013 – Partners Advantage is pleased to announce the newest member of its premier division,…

ORBA Names New Directors

July 24, 2013

Ostrow Reisin Berk& Abrams, Ltd., one of Chicago’s largest accounting firms, is proud to announce that Greg Koelling, CPA, and Brandon Vahl, CPA, CFE have been elected as Directors, effective July 1. Greg Koelling, CPA, Chair of the firm’s Health Care Group and State and Local Tax Groups, focuses his practice on privately-held corporations, individuals, partnerships…

LETTERS [Topeka Capital Journal (KS)]

July 24, 2013

EMC Insurance Services is a stock insurance company. EMC Insurance Services begs to differ. EMC thinks the best way to protect its stockholders is to refuse to sell insurance to school districts that follow the NRA model.

SNL Financial Releases Analysis of Insurers Holdings of Detroit Municipal Bonds

July 24, 2013

Nonetheless, several insurers maintained holdings of Detroit municipal bonds as of the end of 2012, SNL data show. Rating agencies have downgraded many Detroit bonds to junk status, as they consider it likely that the terms of the bonds will be revised to the detriment of creditors as the restructuring process unfolds. Rick Snyder named an emergency manager,…

End of an era for the Seniors [Columbus Telegram, Neb.]

July 24, 2013

July 24– COLUMBUS– Not only did the Seniors’ loss mark the abrupt end to the season, it also marked the end of an era. The fourth-seeded Columbus Cornerstone Insurance Group Seniors American Legion baseball team fell to top-seeded South Sioux City 6-5 in the semifinal round of the A-6 Area Tournament Tuesday at Pawnee Park Field. It also cut head coach Nick…

Woman’s Life Insurance Society Licenses FAST for New Business and Underwriting

July 24, 2013

“As a fraternal benefit society, we are always looking for creative ways to improve efficiency and member service within a budget that’ s appropriate for our size,” said National President of Woman’ s Life Chris Martin.“ FAST is allowing us to incrementally improve our core systems– starting with new business.”. “We’ re very pleased to be working with Woman’ s Life on this…

The Effect of the Affordable Care Act on Charitable Hospitals [CPA Journal, The]

July 24, 2013

On March 23, 2010, President Obama signed the Patient Protection and Affordable Care Act into law. On June 28, the U.S. Supreme Court upheld the constitutionality of the ACA, ending litigation that had cast some legal doubt on the law’s future, and provided hospitals some assurance of the ACA’s existence into the foreseeable future. The week before the Supreme…

Indemnity Plans And Growing Population Offer Opportunity For Pharma In North Dakota

July 24, 2013

Such plans remain very popular in states like North Dakota, where the bulk of the population is more rural and points of access to care are separated by large distances. The report finds that indemnity plans are the second most popular plan model in North Dakota’s commercial segment, capturing 28 percent of the commercial market and enjoying five percent…

Pennsylvania Agency Hart, McConahy & Martz Joins Keystone Insurers Group

July 24, 2013

  NORTHUMBERLAND, Pa. – July 22, 2013 – Keystone Insurers Group, one of the nation’s largest property and casualty insurance…

MedCost Finds Employers Are Turning To Self-Funded Health Plans As Affordable Alternative

July 24, 2013

An Employee Benefit Research Institute report showed that in 2011, 59% of employees in the private sector were covered by self-funded plans. MedCost LLC and Virginia Health Network have partnered to bring MedCost Ultra, an affordable self-funded benefits solution, to employers in Virginia. “Employers want flexibility and customization in defining health…

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