Dec. 22– Editor's note: This column has been updated from its original version. For example, the deadline for open enrollment to obtain medical coverage under the Affordable Care Act is Jan. 31. All Aboard Florida– aka Brightline– is facing a Jan. 1 deadline to sell $1.75 billion of tax-exempt bonds to help finance its Miami- to- Orlando passenger rail project.
Newswires
Dec. 22– West Virginia will join 31 other states, as well as the District of Columbia and Puerto Rico, in collaborating with federal agencies to prevent Social Security disability fraud. Attorney General Patrick Morrisey made the announcement Tuesday that his office will work with the Social Security Administration and the Office of the Inspector General to…
Dec. 22– The Harris family was coming back to South Florida from a Disney World vacation in June 2003 when a car crash changed their lives. A teen driver doing 80 mph on the Sawgrass Expressway in Davie clipped the back of the Harrises' SUV, sending it flipping down an embankment and into a canal. Chris Kirk, the off-duty medic, rolled Denise Harris and kept her airway…
Dec. 22– Federal crop insurance is supposed to be a safety net for farmers, but an ongoing Central Kentucky investigation suggests that a few are defrauding the system to harvest thousands and even millions of dollars. In papers filed in U.S. District Court in Lexington, investigators say they believe several people have filed fictitious insurance claims, and…
W. R. Berkley Corporation today announced the appointments of Lucille T. Sgaglione as executive vice president and Kenneth P. Sroka as senior vice president. She joined W. R. Berkley Corporation in 2010 as a senior vice president working with several of the Company’ s operating units and has over 25 years of senior leadership experience in the commercial property…
Dec. 22– The S.C. House's chief budget writer plans to introduce a bill to aid S.C. farmers, whose crops were washed away during October's historic flooding. The amount of state money that S.C. House Ways and Means chairman Brian White, R- Anderson, will propose to send to farmers is undecided. However, S.C. farmers lost more than $375 million in damaged crops, according to…
A.M. Best is assigning a stable outlook for the U.S. life reinsurance industry, as the financial performance and capitalization of the major life reinsurers operating in the U.S. marketplace has been stable, underpinned by modest premium growth and solid mortality experience, which remain within pricing parameters. A.M. Best estimates cession rates to be in…
Fitch Ratings has affirmed Liberty Mutual Group Inc.' s Issuer Default Rating at' BBB'. LMG reported a $690 million impairment in the third quarter of 2015 related to the write-down of the investment in the previously consolidated Venezuela operations to fair value and the write-off of related intercompany balances. Effective Sept. 30, 2015 the company…
Dec. 22– A much-discussed insurance product lately is the universal index life policy. This type is best for people who need the reassurance of a guaranteed return and have no place left to shelter income. With a universal index policy, part of your premium is invested in a fund that is connected to a particular index– the Standard& Poor's 500, in many cases.
Jay F. Emerizy, 49, who is already serving a 15- to 50- year prison term in Michigan, was sentenced Tuesday in Lackawanna County Court to 44 to 128 years in state prison. She told Judge Barrasse that Mr. Emerizy threatened to kill both her and her children. Mr. Emerizy, who was represented by the public defender's office, also spoke briefly.
Formerly President of NFP Life Brokerage at National Financial Partners, Ms. Evans brings over 20 years of insurance expertise to her role with GFD. Ms. Evans will be responsible for growing insurance industry relationships and facilitating new product development for GFD. “I'm very excited about the addition of Ms. Evans to the GFD team,” says Alan M. Harrington,…
Dec. 22– JANESVILLE– The Christmas presents might be in ashes, and the tree might be singed, but Tawania Pillow escaped a Saturday morning house fire with her two greatest gifts: her daughters Neaveh White, 13, and Nia Pillow, 7.. Virtually every other possession she had was lost in the blaze. Pillow lives on a fixed income, working a part-time job at Cracker Barrel.
Dec. 22– This year marked Medicare's 50th birthday and more than 55 million seniors and people with disabilities can afford the care they need to remain healthy because of Medicare. The Affordable Care Act has strengthened the Medicare program, helping produce exceptionally slow growth in per beneficiary costs while improving benefits.
Benefitfocus, Inc., a leading provider of cloud-based benefits management software, to present“ 2016 Employer Health Cost Trends and Predictions” at a webinar January 21, 2016 at noon EST conducted by the Health Care Administrators Association. Chris Metcalf, solution engineer for the company’ s BENEFITFOCUS ® Core& Advanced Analytics product line, will…
A.M. Best has assigned a financial strength rating of A- and an issuer credit rating of“ a-” to Pinnacol Assurance. The ratings reflect Pinnacol’ s excellent risk-adjusted capitalization, substantially improved underwriting and overall operating performance, and leading position in the Colorado workers' compensation market, with a 60% share based on direct…
Market Research Reports, Inc. has announced the addition of“ India Insurance Report Q1 2016” research report to their website www.MarketResearchReports.comLewes, DE—- 12/22/2015– India's insurance market will continue to expand at a fast pace over the forecast period as a favourable economic climate and rapidly growing middle class demographic driver…
MetLife has won the prestigious“ 2015 Best Life Insurance Company in Turkey” award organized by Global Banking and Finance Review, demonstrating its commitment to excellence in products and services, financial soundness, market knowledge and understanding, risk management, effective customer servicing tools and market share. MetLife has established a…
Timetric's' The Insurance Industry in the Bahamas, Key Trends and Opportunities to 2018' report provides detailed analysis of the market trends, drivers, challenges in the Bahamian insurance industry. The report brings together Timetric's research, modeling and analysis expertise, giving insurers access to information on segment dynamics and competitive…
Timetric's' The Insurance Industry in the British Virgin Islands, Key Trends and Opportunities to 2018' report provides detailed analysis of the market trends, drivers, challenges in the BVI insurance industry. The report brings together Timetric's research, modeling and analysis expertise, giving insurers access to information on segment dynamics and…
