Newswires

Insurity, Inc., a provider of core insurance processing and data integration and analytics solutions, today announced that it has been named a Visionary in Gartner, Inc.’ s recently published report Magic Quadrant for Property and Casualty Insurance Policy Management Modules, North America 1. Recognized by Gartner for its Completeness of Vision and ability…

Washington, DC– Resident Commissioner Pedro Pierluisi announced today that the Centers for Medicare and Medicaid Services has issued a proposed rule that would modify aspects of the formula used to compensate hospitals in the United States for providing services to traditional Medicare patients, and the revised formula–which will take effect on…

Sander Levin today urged Governor Rick Snyder to review the claims of fraud made by the state Unemployment Insurance Agency’s automated system and fully reimburse those citizens who were harmed due to inaccurate determinations. In October 2013, Michigan implemented the Michigan Integrated Data Automated System, which used an automated computer program…

Net income: $250 million GAAP EPS: $0.49 and Adjusted EPS 1: $0.52 GAAP ROTCE: 7.3% and Core ROTCE 1: 9.8% GAAP Tangible Book Value: $27.10/ share and Adjusted Tangible Book Value 1: $25.36/ share, up 7% YoY Core pre-tax income, ex. repositioning items 1: $419 million Net financing revenue, ex. OID: $964 million, up 12% YoY Higher than normal insurance weather losses, up $22…

April 26– Summit County is looking for a few good heirs. “Our goal is to get the money to as many heirs as possible or to the injured workers,” said Joe Bena of Bevan& Associates, a local law firm specializing in asbestos litigation. A fund totaling $80 million was set up in 2004 after insurance giant Travelers Cos. reached a settlement with attorneys representing tens of…

To help individuals use their tax return as a financial roadmap, 360 Degrees of Literacy and the AICPA’ s Personal Financial Planning Section are offering a free consumer webcast on April 28 from 1:00 to 2:00 P.M. EDT. Among the topics financial planner Christine Romsdahl, CPA/PFS will discuss are planning steps to take in the current tax environment, how to…

Preventing Colorectal Cancer has released the thirteenth issue brief in a series that underscores the importance of increasing U.S. colorectal cancer screening rates and highlights the obstacles and opportunities that influence efforts to achieve this goal. Issue Brief #13, The Importance of Offering Propofol during a Colonoscopy Procedure,…

April 25– BLEDSOE COUNTY, Tenn.– The green of new spring growth adds life to a mountaintop landscape cut by a half-mile-wide swath of dead, gray oak trees. Five Christmases, five birthdays, five Aprils have passed since tornadoes tore across the South and through the Bledsoe County communities of Pitts Gap and New Harmony, claiming four lives and upending dozens of…

For 2016 the standard premium for Medicare Part “B” has increased from $104.90 to $121.80. Larry Hurwitz, of CaMedicare.com says “I can’t tell you how many people I’ve talk to, who unnecessarily enroll in Medicare Part B because they think they have to. In spite of all the talk about reduction of funding for 2016 Medicare Advantage plans, Medicare beneficiaries can…

The new release features integration with the FDB Cloud Connector™ from First Databank and Meducation ® by Polyglot, as well as a new Emergency Department Management Console, improved performance of executive dashboards and reports, and improved usability of the Point of Care Management Console. “Version 5.1 introduces enhanced workflow and…

April 26– A Shorewood man has been charged with two misdemeanors in connection with an April 28, 2015, crash that killed two people in Plainfield. Mike Fisher said Bushar and Sean Fitzpatrick, 27, of Plainfield, were riding motorcycles “together at a high rate of speed” north on Route 59 around midnight. Fitzpatrick lost control at Lockport Street, colliding with…

The patients are among a growing number of New Mexicans seeking help with mental illness and addictions through a publicly funded network that the administration upended three years ago when it accused 15 New Mexico firms of potential Medicaid fraud and replaced them with Arizona companies. The Associated Press reported Monday that Human Services…

This decision will affect approximately 8,700 Iowans insured by UnitedHealthcare of the Midlands Inc. and 328 individuals insured by UnitedHealthcare Life Insurance Co.. UnitedHealthcare Insurance Co. will not continue its participation in the SHOP Exchange, however, the carrier will continue to offer small group products outside of the SHOP Exchange…

A.M. Best expects that the rated non-life insurers affected by the recent earthquakes in Japan will be able to withstand losses, with a moderate impact on earnings but little effect on financial strength, according to a new Best’ s Briefing. Japanese domestic non-life insurance companies have strengthened their catastrophe risk management over the past five…

April 25– WASECA– Authorities suspect the fire that destroyed the historic Tink Larson Field was intentionally set. The Minnesota Chapter of the International Association of Arson Investigators is offering a reward up to $5,000 for information leading to the arrest and conviction of the person believed to be responsible through the Minnesota Arson Reward…

Scott and the three Cabinet members will try again Tuesday to agree on a successor to Kevin McCarty, who provided savvy and stability for 13 years at the Office of Insurance Regulation as the first and only appointee in the job. Lawmakers also decided that the insurance regulator must be a consensus choice of both the governor and the CFO, in addition to at least…

LOUISVILLE, Ky.– A Louisville woman was recently charged with several counts involving the fraudulent receipt of Old-Age, Survivors and Disability Insurance benefits by the Social Security Administration, for an eleven year period, announced United States Attorney John E. Kuhn, Jr. According to the three-count Superseding Indictment, returned April 20, 2016,…

In this A.M. BestTV episode, Kevin O’ Brien, president and chief executive officer, Inland Marine Underwriters Association, states that members are responding to new risks and data brought by the Internet of Things, telematics and more. Technology and Drones Remaking Sectors: Insurers and claims providers at the Property& Liability Resource Bureau’ s Claims…

–McKeon Products, Inc. is pleased to announce the availability of the new LunaGuard™, which provides improved protection against bruxism, more comfort when in use, and significant consumer health care savings. In the U.S. today it is estimated that over 35% of people do not have dental coverage. Ultra- thin comfort: It is so thin that it does not impede speaking,…