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Class action suit filed against Madison County insurance company

November 20, 2015

Nov. 20– EDWARDSVILLE– An Effingham lawyer has filed a class action suit against Sentry Insurance Co., claiming the firm went back on a promise to repay half of the premiums of its customers who went five years without making an accident claim. The proposed class is represented by Christopher A. Koester of Taylor Law Offices in Effingham. The named plaintiffs are…

As Americans Gain Wealth, They Neglect Risk

November 20, 2015

–Many Americans aged 34 to 50 lose track of their financial risks as they pursue careers, raise families and accumulate wealth, according to a new white paper from Chubb Personal Insurance. In addition, many neglect to secure sufficient insurance coverage as their wealth increases. “Clearly, there is a great opportunity for wealth advisors to work with this age…

Las Cruces woman struggles after home fire

November 20, 2015

Nov. 20– LAS CRUCES– Last Friday, Las Cruces resident Elia C. Lechuga realized toward the end of the business day that time was dwindling for her to pay her electric bill. As she drove away from her home on Luna Street en route to the local electric company branch, she didn't expect that when she'd return, just 15 minutes later, her property would be in flames.

IT Outsourcing Booms in Healthcare Payer Sector as Insurers Go-High Tech, New Black Book Survey

November 20, 2015

–Black Book™ well known internationally for accurate, impartial customer satisfaction surveys in the services and software industries, conducted its annual information technology outsourcing user polls to determine the highest ranked client experience vendors for 2015 in the health insurers, plans and payers sector. Black Book estimates the demands of…

Cincinnati Financial Corporation Announces Retirements and Subsidiary Officer Leadership Transitions

November 20, 2015

–Cincinnati Financial Corporation today announced the upcoming retirement of two key officers and new roles and responsibilities among subsidiary officers. President and Chief Operating Officer of The Cincinnati Life Insurance Company Retires David H. Popplewell, FALU, LLIF, president and chief operating officer of The Cincinnati Life Insurance…

ISO ratings improve for west Morgan County fire departments

November 20, 2015

Nov. 20– A recent evaluation has improved fire insurance ratings for the Neel, Punkin Center and Mud Tavern volunteer fire departments in western Morgan County, which could reduce premiums on homeowners insurance. Neel dropped from a 4 to a 3 on the 1- to 10- point Insurance Service Office rating. Steve Garner, of the Garner Insurance Agency in Decatur, said there's…

Scranton School District 2016 budget includes $18 million deficit

November 20, 2015

Nov. 20– With uncertainty about state funding and increases to special education, pension and health care costs, the Scranton School District faces a 2016 preliminary budget deficit of $18 million. “I honestly do not know where that's going to come from,” school board President Cy Douaihy said after Thursday's special meeting at which directors passed the $150…

Shane Brewer Named Equity Partner of LD Lowe Wealth Advisory

November 20, 2015

Prior to joining LD Lowe, Shane was a vice president of PlainsCapital Bank and previously served at MBNA Bank, where he held multiple management positions with responsibility for several multimillion-dollar corporate accounts. “Over the past eight years, our firm has grown from $50 million to nearly $200 million in assets under management,” said Lloyd Lowe, Sr.,…

Rubio: No ObamaCare Bailout For Health Insurance Companies

November 20, 2015

“Health insurance companies are losing money because ObamaCare is a failure, and the Obama Administration is persistently trying to get taxpayers to bail them out,” said Rubio. ” We've already succeeded once in stopping the Obama Administration from bailing out health insurance companies under ObamaCare, and it's critical that Congress once again stand with…

Combine Solicitation – Q– Community Home Health

November 20, 2015

Office Address: Department of Veterans Affairs; SAO West NCO 18; Duryea Williams, Contract Specialist; 11495 Turner Road; El Paso TX 79936-1372. Place of Performance: Department of Veterans Affairs; Southern Arizona VA Health Care System; Coordinated Nurses Care; 3601 S 6th Avenue; Tucson, AZ. Description: Department of Veterans Affairs.

ACE Announces Future Leadership Team for Overseas General Insurance Claims Operation

November 20, 2015

ACE Limited announced today the future claims leadership team it intends to appoint for the new Chubb Group’ s Overseas General Insurance division. Andrew McBride will serve as Executive Vice President, Claims, for the new Chubb Group's Overseas General Insurance division. As previously announced, Andrew McBride will serve as Executive Vice President,…

ACE Announces Future Leadership Appointments for Asia Pacific Region

November 20, 2015

ACE Limited announced today key leaders it intends to appoint for the Asia Pacific region of the new Chubb Group’ s Overseas General Insurance division, which includes Australia, China, Hong Kong, Indonesia, Korea, Macao, Malaysia, New Zealand, Philippines, Singapore, Taiwan, Thailand and Vietnam. Juan Luis Ortega will serve as Senior Vice President of the new Chubb…

ACE Announces Future Leadership Team for Latin America Region

November 20, 2015

ACE Limited announced today the leadership team it intends to appoint for the Latin America region of the new Chubb Group’ s Overseas General Insurance division, which includes Argentina, Brazil, Chile, Colombia, Ecuador, Mexico, Panama, Peru, Puerto Rico, Central America and the Caribbean. Jorge Luis Cazar will serve as Senior Vice President of the new Chubb Group…

ACE Announces Future Leadership Team for its Overseas General Insurance Operations

November 20, 2015

This division comprises two major businesses: one with distribution through retail brokers in five regions of the world– Asia Pacific, Europe, Latin America, Far East and Eurasia& Africa– and the other an excess and surplus lines business with distribution through brokers in the London wholesale market and Lloyd’ s. Asia Pacific: Juan Luis Ortega will serve as…

Korian: Information Relating to Components of the Compensation of Executive Directors

November 20, 2015

In accordance with the AFEP-MEDEF Corporate Governance Code recommendations, Korian is publishing herein information relating to the conditions upon which Mrs Sophie Boissard has become Chief Executive Officer of Korian. Upon the Appointments and Compensation Committee's recommendation, at its meeting on 18 November 2015, the Korian Board of…

Tax, Wealth and Estate Planning for SMEs Seminar – Dublin, Ireland – 7th December 2015

November 20, 2015

By a News Reporter-Staff News Editor at Investment Weekly News– Research and Markets has announced the addition of the “Tax, Wealth and Estate Planning for SMEs 2015” conference to their offering. If you are an accountant, financial adviser, business owner or lawyer, this is one conference you will not want to miss. Appealing Revenue Assessments- how recent changes…

Patent Issued for Alternative Billing Modes for Security and Automation Applications (USPTO 9183578)

November 20, 2015

By a News Reporter-Staff News Editor at Journal of Transportation– STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY has been issued patent number 9183578, according to news reporting originating out of Alexandria, Virginia, by VerticalNews editors. The patent's inventors are Reeser, Andrew; Call, Shawn M.; Kennedy, Stacy L.; Drinan, Lee C.; Frey, Lisa Ann; Payne, Kevin;…

Builders’ Risk Insurance – Will Your Project Stay Afloat? New ACE Paper Explores Water Damage Coverage

November 20, 2015

By a News Reporter-Staff News Editor at Insurance Weekly News– When water rises as a result of torrential rain, storm surge, melting snow or any other weather-related event, it leaves destruction in its wake. ACE Group released a new paper that examines how builders' risk policies often distinguish between water damage, flood or storm surge, and how the policy…

Researchers at Seton Hall University Have Reported New Data on Alzheimer Disease (Treated Behavioral Symptoms and Mortality in Medicare Beneficiaries…

November 20, 2015

By a News Reporter-Staff News Editor at Insurance Weekly News– Research findings on Dementia and Mental Illness are discussed in a new report. Retrospective cohort study using 2006-2009 Medicare administrative and prescription drug claims data linked to Minimum Data Set 2.0. ” Continuously enrolled fee-for-service Medicare beneficiaries who had ADRDs,…

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