“We’re not going to step into doing something wrong right from the beginning,” Tandal told the Star-Advertiser. ” Leeward Auto was charging a $65 hookup fee, rather than the $60 it proposed in its offer to the city, and $7.50 per towed mile, rather than the $7 it proposed, inflating each bill by at least a few dollars and sometimes significantly more, according to a review…
Newswires
NIP Programs, a division of NIP Group, Inc. and a leader in the design and management of specialty insurance programs, has introduced MenuPro, a business insurance program targeting owners and operators of restaurants and other dining establishments. MenuPro is underwritten in partnership with a carrier partner that’ s been rated A by A.M. Best.
As a result of a recently completed Market Conduct Examination performed by The Delaware Department of Insurance, State Farm has been ordered to review its protocols regarding the application of underwriting guidelines for Delaware’s coastal region…
The Casualty Actuarial Society issued the following news release:. Behavioral economics is emerging as a leading decision science, said David Wheeler, an associate with Innodata Synodex, a New Jersey- based analytics and data solutions firm, at the Annual Meeting of the Casualty Actuarial Society, held in Lake Buena Vista, Florida, November 11-14.
Diversified industrial manufacturer Eaton Corp. plc announced that former Cooper Industries plc directors Linda A. Hill and Gerald B. Smith have joined the Company’s Board. In a release, the company noted that Linda A. Hill served as a director of Cooper Industries plc since 1994. She is the Wallace Brett Donham Professor of Business Administration at the…
StanCorp Financial Group, Inc. has appointed Debora D. Horvath to its Board of Directors effective December 7. From 2008 to 2010, Horvath was executive vice president for JP Morgan Chase& Co. From 2004 to 2008, Horvath was executive vice president and chief information officer for Washington Mutual, Inc. Horvath, a 25- year veteran from GE, also served 12 years as…
Guidewire Software, Inc., a provider of core system software to Property/Casualty insurers, announced that John P. Cavoores has been elected as a Director to Guidewire Software’s Board. “We are pleased to welcome John Cavoores to our Board of Directors,” said Marcus Ryu, chief executive officer, Guidewire Software. ” Past positions include that of President and…
Borden Hamman Agency, an independent marketing organization based out of Dallas, Texas, has announced plans to merge Barry J. Fisher Insurance Marketing, Inc., a provider of long-term care insurance brokerage, into the BHA organization effective February 1, 2013. BJFIM principals Barry Fisher and Susan Blais believe that this merger is an exciting…
New York Life announced that John O’Gara and Richard Simonetti have each been elected SVP in the company’s Agency Department, reporting to EVP and Head of Agency Mark Pfaff. O’Gara is responsible for New York Life’s wholesaling operations across all product lines within the Agency distribution channel including life insurance, annuities, investments and…
District Judge Cameron McGowan Currie on Friday handed down a sentence of 14 years in federal prison to the mastermind of a scheme to d efraud an insurance company of $671,000 by amputating the hand of a mentally disabled Sumter man. David Player, 58, of Sumter, who appeared before Currie in an orange jail jumpsuit with shackles on his hands and feet, must serve 85…
Dec. 15– Wilson Medical Center has stood as a largely independent hospital since its inception in 1964.. That hasn’t escaped the leaders of Wilson’s hospital or its board of trustees who have given Rick Hudson, president and chief executive officer, the green light to pursue a suitor. The implementation of the Affordable Care Act approved by Congress and signed…
Dec. 15– Florida Keys property owners got an early Christmas present Friday when the governing board of Citizens Property Insurance Corp. agreed to fund a $485,000 study on the windstorm risks for Monroe County. “Citizens stands to drop $11 billion in exposure if an alternative is found for Monroe County,” Monroe County Commissioner Heather Carruthers told the…
Robert Fears approached us in early 2012 with the idea on youth hunter safety. The idea for our article on storage tank safety came from Burton Barnes Jr., a Texas and Southwestern Cattle Raisers Association member who is also with Wortham Insurance and Risk Management, San Antonio. Gary DiGiuseppe took on the project and presents information to help you plan for…
The Council of Insurance Agents& Brokers issued the following news release:. *McGohan Brabender Agency, Inc., Dayton, Ohio. “It is a pleasure to welcome Beacon Insurance Brokers, Cross Insurance, and McGohan Brabender to The Council family,” said Ken A. Crerar, president/CEO of The Council. “
Most actuaries know that predictive modeling — the harnessing of enormous data sets to do everything from rate baseball players to price auto insurance — is the hot trend among the math-literate..
New York Life announced that John O’Gara and Richard Simonetti have each been elected senior vice president in the company’s Agency Department, reporting to Executive Vice President and Head of Agency Mark Pfaff. According to a release, O’Gara is responsible for New York Life’s wholesaling operations across all product lines within the Agency…
Canadian Broker Network and Intact Financial Corp. announced that they have reached an agreement whereby CBN will acquire Intact affiliate South Western Insurance Group Limited, a wholesale insurance intermediary that provides brokerages with specialty and niche insurance markets. “We are pleased to have found in CBN the perfect organization to help…
A.M. Best Co. announced that the financial strength rating of B++ and issuer credit ratings of “bbb+” of Network Health Plan and its subsidiary, Network Health Insurance Corp. remain unchanged following the recent announcement that Ascension Health Alliance and NHP’s ultimate parent, Marian Health System, have signed a memorandum of understanding.
The Sayre Borough Council voted Thursday to approve a three-year contract between the borough and the Sayre Borough Police Department. The bargaining team will be able to negotiate the costs of health insurance with officers in future negotiations, said councilman Bob Flick. ” JoAnn Sabatura was the only council member to vote no on the contract, citing her…
