Section Description Page I. Consolidated Performance 26 II. Application of Critical Accounting Estimates 27 III. This MD&A contains “forward-looking information” which may include, but is not limited to, statements with respect to estimates of future expenses, revenue and profitability; trends affecting financial condition and results of operations; the…
Newswires
How can you put a monetary value on someone’ s life? Minnesota Life Insurance Company, a Securian Financial Group affiliate, offers an app for the iPad that financial advisors can use to show clients their current economic value based on their expected lifetime earning capacity. “People often do not realize how big that number can be,” said Andrea Mack, director, Life…
June 26– Catching up with ever-changing rules intended to prevent earthquake losses, Memphis and Shelby County are expected to adopt stricter building codes this summer that could add thousands of dollars to the cost of new homes. The County Commission and City Council will be reviewing recommendations to adopt the 2009 International Building Code along…
Jacksonville, FL June 26, 2012. ICS Merrill, the Investigative Services Division of EMSI, is strengthening its sales organization to support growth in its core markets and expansion into new markets outside the insurance industry. As part of this growth, ICS Merrill is pleased to announce the appointment of Jim McGee to the role of senior vice president of sales…
Philadelphia, PA June 26, 2012. EthosCE, a learning management system for physician education, is proud to announce that the most recent release of the enterprise-level education platform now streamlines the delivery of risk management programs for the medical malpractice insurance market. “We designed EthosCE for physician education,” said Jeremy…
Smart Holdings, Inc., announced that its Board of Directors has approved a 90/ 1 reverse split with 1 billion authorized shares. According to the company, this does not diminish the value of shareholder equity, as the share reduction will be offset by a proportional increase in share price. Smart Holdings, Inc., through its subsidiary, Assurance Group Direct, is in…
Dan Koshiol, a 15- year veteran of reinsurance brokerage firms, has formed StoneHill Reinsurance Partners, LLC, “which will bring a strong combination of youth, energy and independence to provide unbiased advice to insurance companies and others in the reinsurance marketplace,” Koshiol, president and chief executive officer of the new firm, announced.
A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength rating of A- and issuer credit rating of “a-” of Transportation Property and Casualty Company Inc.. The ratings are based on TPCC’s excellent capitalization and operating performance and a strong enterprise risk management program. Also inuring to the benefit of…
Orange, California June 26, 2012. HealthCompare targets health insurance consumers with their new media for education. As an insurance comparison site, they are nationally recognized for their compassion for shoppers.
ACE USA, the U.S.-based retail operations of the ACE Group, today announced that it has expanded its International Advantage ® product to offer enhanced coverages for the unique risks faced by professional services employees doing business overseas. According to“ The Business of Architecture Report,” a survey conducted by the American Institute of…
COLUMBUS, Ga., June 25, 2012/ PRNewswire/– Aflac Incorporated announced today it has consolidated its U.S. In making the announcement, Paul S. Amos II, president and chief operating officer, Aflac U.S. said, ” Aflac has a long positive history of success built upon its extensive career agent and broker sales force, supported by the strong company brand.
Zane Benefits, which provides businesses and health insurance professionals with comprehensive and flexible defined contribution health benefits and private exchange solutions, today announced a new corporate partnership with the National Association of Health Underwriters. The National Association of Health Underwriters represents more than…
Harrisburg and Pittsburgh Pa. – June 25, 2012 – Individuals and families in Pennsylvania can now count on…
BancorpSouth Insurance Services, Inc., a subsidiary of BancorpSouth Bank, headquartered in Tupelo, Mississippi, announced today that it has signed a definitive agreement to acquire the assets of The Securance Group, Inc., an independent property and casualty and life and health insurance agency headquartered in Brewton, Alabama. BancorpSouth Chairman and…
With the coal market softening, natural gas prices swooning and competition for gambling revenue increasing, let’s get serious about cutting non-core state government programs and services. Some have been discussed before, like privatization of state parks and the sale of Tamarack. Why does the state Division of Natural Resources publish Wonderful West…
EK Health, a national leader in medical and disability management services, has traditionally focused its national compliance efforts on bill review, a service it provides across multiple jurisdictions. “In recent years, EK Health has been presented with opportunities to expand services outside of California,” said Eunhee Kim, President and CEO of EK Health…
In California, 241 people died during the month of July, the peak of the summer driving season, according to the Insurance Institute for Highway Safety study. “These tragedies are compounded by the fact that many crashes are preventable,” says Phil Telgenhoff, field vice president of Allstate in California. ” Allstate Insurance officials recommend drivers stick…
Flexsteel Industries, Inc. joined the list of companies on the U. S. broad-market Russell 3000 ® Index on June 25, 2012, when Russell Investments reconstituted its set of U.S. and global equity indexes. “Many investors and institutions rely on the Russell 3000 ® Index as part of their investment strategy,” said Ronald J. Klosterman, President and CEO of Flexsteel.“…
The rating reflects the company’s solid competitive position in the California health insurance market, robust capitalization and solid underlying profitability. The rating also reflects risks derived from the company’s concentrated focus on the California health insurance market, such as heightened exposure to fiscal, competitive and general…
