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Newswires

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MassMutual Shuts Down Its Retirement Income Unit

December 23, 2009

<strong></strong>Copyright 2009 Crain CommunicationsAll Rights Reserved Investment News <br />
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<strong></strong><span id=”hitDiv1″><strong>December</strong> 21, 2009 <br />
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<span class=”story”><strong>HEADLINE: </strong><span class=”headline” align=”LEFT”>MassMutual shuts down its retirement income unit; Industry pioneer shifts courses, merges groups<br />
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<strong>BYLINE: </strong>Jessica Toonkel Marquez <br />
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Almost five years after Massachusetts Mutual Life Insurance Co. </span></span></span>

DTRIC Insurance Now in Production With Decision Research’s DecisionMaker Suite for Commercial GL

December 23, 2009

DTRIC Insurance Benefits From Rapid Deployment of Commercial Lines Policy Administration System HONOLULU–(BUSINESS WIRE)– Decision Research Corporation (DRC), a rating…

Court Approves $4.5 Million Settlement Between Allstate, EEOC

December 23, 2009

Copyright 2009 A.M. Best Company, Inc.All Rights Reserved

<span ID=”hitDiv1″>BestWire

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<span ID=”hitDiv2″>December 22, 2009 Tuesday 11:46 AM EST
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<span class=”headline” align=”LEFT”>Court Approves $4.5 Million Settlement Between Allstate, EEOC<br>

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Chad Hemenway
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ST. LOUIS
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<P></P>A federal judge has approved a $4.5 million settlement between the Equal Employment Opportunity Commission and Allstate Corp.

U.S. More ‘Tsunami Ready’ Than It Was Five Years Ago, Yet Few Consumers Have Either

December 23, 2009

Yet Few Consumers Have Either Earthquake or Flood Coverage, Even in States Vulnerable to Both NEW YORK, December 23, 2009…

New Chairperson Named for Actuarial Standards Board

December 23, 2009

OTTAWA, Dec. 23 /CNW Telbec/ – John Solursh, Chairperson of the Actuarial Standards Oversight Council (ASOC), is pleased to announce…

Allstate Insurance Company Uncovers Alleged Insurance Fraud Scheme Against Global Medical Billing

December 23, 2009

FARMINGTON HILLS, Mich., Dec. 23 – Allstate Insurance Company today filed a complaint in the United States District Court, Eastern…

NAIFA CEO Resigns

December 23, 2009

The National Association of Insurance and Financial Advisors’ chief executive officer has left after 16 months to “pursue other interests,” the association said Tuesday…

Don’t Miss Out On The Hottest Newsletter!! Hear It Here First!! VHGI,MDFI,JBII,MMGW,COVR,SSKY

December 23, 2009

STOCK MARKETING INC PRESENTS : (OTCBB: VHGI) VirtualHealth Technologies, Inc., (OTCBB: MDFI) Medefile International, Inc., (OTCBB: JBII) JBI, Inc., (OTCBB:…

Liberty Mutual Provides Online Tips and Resources to Help Teen Drivers Navigate Dangerous Road Conditions This Winter

December 23, 2009

BOSTON, Dec. 23 /PRNewswire/ — With winter approaching, drivers in many parts of the country must prepare to cope with…

Philippines’ Philam Life Integrates Into AIA Group

December 23, 2009

AIA Group Ltd. [55661] said it has completed the acquisition of a 99.78% stake in Philippine American Life and General…

Arch Opens Underwriting Office in Australia

December 23, 2009

Arch Underwriting at Lloyd’s said it has launched a new office, Arch Underwriting at Lloyd’s (Australia) Pty Ltd., in Sydney…

American Assurance, Affiliates Ordered by Fla. Regulator to Cease Business in State

December 23, 2009

Copyright 2009 A.M. Best Company, Inc.All Rights Reserved

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<span ID=”hitDiv2″>December 22, 2009 Tuesday 04:41 PM EST
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<span class=”headline” align=”LEFT”>American Assurance, Affiliates Ordered by Fla. Regulator to Cease Business in State<br>

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Jesse A Hamilton
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TALLAHASSEE, Fla.
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<P></P>Florida Insurance Commissioner Kevin McCarty has ordered American Assurance Underwriters Group and its affiliates, Worldwide Expatriate Administrators LLC and Worldwide Expatriate Advisors LLC, to stop marketing and selling insurance products in the state.

Travelers Secures Two Cat Reinsurance Deals With Cayman Islands Insurer

December 23, 2009

Copyright 2009 A.M. Best Company, Inc.All Rights Reserved

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<span ID=”hitDiv2″>December 22, 2009 Tuesday 04:49 PM EST
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<span class=”headline” align=”LEFT”>Travelers Secures Two Cat Reinsurance Deals With Cayman Islands Insurer<br>

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Fran Lysiak
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NEW YORK
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<P></P>Travelers Cos. Inc. has inked two catastrophe reinsurance agreements with a newly formed Cayman Islands insurer, with each deal providing it with up to $250 million in coverage for losses resulting from some Northeastern U.

BCBSOK new Web site

December 23, 2009

BC-BCBSOK-new-Web-site To: TECHNOLOGY EDITORS Contact: Nicole Amend of Blue Cross and Blue Shield of Oklahoma, +1-918-551-3339 TULSA, Okla., Dec. 23…

Briefing.com: Hourly In Play (R) – 10:00 ET

December 23, 2009

Dec 23, 2009 (Briefing.com via COMTEX) — Hourly In Play (R) Updated: 23-Dec-09 10:00 ET 09:56 BIDU Baidu.com has taken…

Fremont Michigan InsuraCorp, Inc. Board of Directors Rejects Unsolicited Takeover Offer

December 23, 2009

FREMONT, Mich., Dec. 23/PRNewswire-FirstCall/ — Fremont Michigan InsuraCorp, Inc. (“Fremont”) (OTC Bulletin Board: FMMH), a Michigan-exclusive property and casualty insurance…

Federal Register

December 23, 2009

Final rule. CFR Part: “17 CFR Parts 229, 239, 240, 249 and 274” RIN Number: “RIN 3235-AK28” Citation: “74 FR…

Can you afford long-term care? [Daily Press, Newport News, Va.]

December 23, 2009

Dec. 23–James Vermeiren estimated that Social Security, retirement savings and an assortment of investments weren’t enough to pay for a…

International Summit on Secondary Markets for Life Insurance

December 23, 2009

MUNICH and BERLIN, December 23 /PRNewswire/ — In cooperation with ManagementCircle, the German association for Secondary Markets for Life Insurance,…

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