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XL Group Launches New Website

June 25, 2012

Today, XL Group plc launches a redesigned website: www.xlgroup.com. This work is the second phase of an overall update to XL’s public website, which was first refreshed in October 2011, when XL unveiled a new brand and logo. On today’s launch, XL’s CEO Michael S. McGavick said: “Core to our strategy is a superior understanding and utilization of technology.

Kaiser Permanente and Social Security Administration Begin Health Information Exchange Pilot Program

June 25, 2012

Kaiser Permanente and the Social Security Administration today announced an exciting program designed to improve services for patients filing disability claims. The new exchange relationship between Kaiser Permanente and the SSA significantly improves convenience for patients filing disability claims by expediting the receipt of benefits.

Jackson® Launches Elite AccessSM iPad Application

June 25, 2012

Jackson National Life Insurance Company ® today launched the Elite Access iPad application, providing the company’ s wholesalers with easy mobile access to information on Jackson’ s newest product offering. “Jackson understands the importance of providing our sales force with fast, convenient and comprehensive mobile resources so they can introduce…

Veterans’ Group Life Insurance (VGLI) No-Health Period Extension

June 25, 2012

SUMMARY: The Department of Veterans Affairs proposes to amend its regulations governing eligibility for Veterans’ Group Life Insurance to extend to 240 days the current 120- day “no-health” period during which veterans can apply for VGLI without proving that they are in good health for insurance purposes. ADDRESSES: Written comments may be submitted through…

Pre-Existing Conditions Big Issue Within ACA

June 25, 2012

The Pre-existing Condition Insurance Plan, financed through the new law, would take his wife despite her tumor. The plan offers subsidized coverage under the Affordable Care Act. The $421 monthly premium was based on her age, not her illness….

A.M. Best Affirms Ratings of ACE European Group Limited

June 25, 2012

Best Europe– Rating Services Limited has affirmed the financial strength rating of A+ and the issuer credit rating of“ aa” of ACE European Group Limited. AEGL continues to be of strategic significance to ACE as its main underwriting operation in the United Kingdom and continental Europe. Market conditions continue to be challenging, and AEGL is currently…

Montford Marines who were desegregation pioneers to get their due [The Fayetteville Observer, N.C.]

June 25, 2012

Fayetteville’s James Robert Simpson was among the roughly 20,000 Marines who lived it, training on a small, swampy peninsula jutting into the New River on the North Carolina coast. The World War II veteran, the eldest son of a farming couple from rural Cumberland County, was a “Point man”– one of the first blacks to serve in the Marine Corps. In addition to Simpson, five…

Mariner Wealth Advisors Enhances Insurance Consulting Team

June 25, 2012

Mariner Wealth Advisors, the wealth management firm led by chief executive officer Martin C. Bicknell– ranked nationally as a Top Ten Independent Financial Advisor by Barron’s– today announced the hiring of Matt Veatch to lead the firm’s effort to expand its insurance and executive benefits consulting services. I believe we have found that expert in Matt…

NIP Group Appoints Jonathan Hall to Vice President of Underwriting at GSMJIF

June 25, 2012

Earl Miller, President of NIP Management Services LLC, announced today the appointment of Jonathan Hall, to the position of Vice President of Underwriting for the Garden State Municipal Joint Insurance Fund. “Jonathan authored and successfully sought passage of legislation that provided $240 million in tax relief for Hawaii businesses, an impressive…

PCTEL Added to Russell 3000 Index

June 25, 2012

PCTEL, Inc., a leader in antenna and scanning receiver solutions, today announced it had been added to the broad-market Russell 3000 ® Index. The Company’s addition to the Russell 3000 Index was made effective following the market close on Friday, June 22 nd. “We were pleased that PCTEL’ s market capitalization qualified for inclusion on the Russell 3000 Index,”…

Vertafore AMS360 Version 6.5 Further Enhances Mobile Insurance Agent Productivity

June 25, 2012

Vertafore, a leading provider of software that transforms the insurance industry, today announced the availability of insurance agency management system, AMS360 v6.5. Some users have the side view set to show the Policy Summary, some set it to Activities, and some turn the side view off unless they need it,” said Patty McQuade of Moody Insurance Agency.“ These…

MAINE INSURANCE COMPANIES TO PAY $2.5 MILLION IN AFFORDABLE CARE ACT PREMIUM REBATES

June 25, 2012

WASHINGTON, D.C.- Today, Congressman Michaud praised the U.S. Department of Health and Human Services’ announcement that health insurance companies will pay more than $1.1 billion in premium rebates to nearly 12.8 million Americans. “I am pleased that under health care reform, Maine insurance companies will be required to pay $2.5 million in premium rebates…

West Hartford Man Sentenced to Federal Prison for Role in Fraud Scheme

June 25, 2012

David B. Fein, United States Attorney for the District of Connecticut, announced that BORIS A. TOMICIC, 40, of West Hartford, was sentenced today by Senior United States District Judge Warren W. Eginton in Bridgeport to 18 months of imprisonment, followed by three years of supervised release, for his participation in a scheme to defraud the developer of a New York…

Veterans’ Group Life Insurance (VGLI) No-Health Period Extension

June 25, 2012

SUMMARY: The Department of Veterans Affairs proposes to amend its regulations governing eligibility for Veterans’ Group Life Insurance to extend to 240 days the current 120- day “no-health” period during which veterans can apply for VGLI without proving that they are in good health for insurance purposes. ADDRESSES: Written comments may be submitted through…

Actuarial Consulting Services in the US Industry Market Research Report Now Available from IBISWorld

June 25, 2012

Los Angeles, CA June 25, 2012. IBISWorld estimates that revenue for the Actuarial Consulting Services industry will increase 2.4% annually to $1.2 billion in the five years to 2012. While the industry has experienced growth, revenue declined 4.1% in 2009 as corporate profit fell and businesses were forced to cut back on outsourced and professional services.

Orange County Car Accident Lawyers Obtain Settlement for Buena Park Victim

June 25, 2012

The Orange County car accident attorneys at Bisnar| Chase recently obtained $13,802.00 on behalf of one of their motor vehicle accident clients. Freeways weave in, out, and around Orange County. According to the 2009 Statewide Integrated Traffic Records System,, 141 people died and 13,373 people were injured in Orange County auto collisions.

ECBM, a Philadelphia Based Business and Insurance Casualty Broker and Consultant Appoints Matthew Huttlin as VP of their Health Insurance Benefits Division

June 25, 2012

West Conshohocken, PA June 25, 2012. Huttlin brings over 35 years experience with group insurance in various capacities on both the insurance carrier and the insurance brokerage side to ECBM, L. P. Huttlin has a Bachelors of Science Degree in Accounting from Drexel University and a Masters of Business Administration in Human Resources from Temple University.

GEICO Introduces New Mobile App [Professional Services Close – Up]

June 25, 2012

GEICO announced the release of GEICO Connect, a new mobile app that allows access to GEICO insurance information via mobile devices. “More and more consumers are using their smartphones and tablets to search and retrieve information,” said Pete Meoli, manager of GEICO’s mobile team. ” GEICO Connect features digital access to insurance ID cards, GEICO’s Roadside…

Alterra Forms New Point V Limited [Professional Services Close – Up]

June 25, 2012

Alterra Capital Holdings Limited announced the formation of New Point V Limited, an addition to its series of sidecar vehicles that has been established to create additional capacity for the property catastrophe collateralized reinsurance marketplace. According to a release, New Point V is again being sponsored by Alterra in partnership with Stone Point…

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