Preventing Colorectal Cancer announces the release of another issue brief in its ongoing series that underscores the importance of increasing U.S. colorectal cancer screening rates, and the obstacles and opportunities that influence efforts to achieve this goal. Issue Brief #5, The Impact of Health Insurance Reform on Colorectal Cancer, examines how the…
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“We don’t anticipate any change in our underwriting position for cities and counties,” Bernie Zalaznik, resident vice president of EMC in Wichita, said Wednesday. EMC currently provides liability insurance to about 90 percent of the 286 school districts in the state. Under a new state law taking affect July 1, school districts can allow employees who have…
June 20– A bankroll for road repairs, no health insurance premium hike for state employees, tax breaks for private-school scholarships and expansion of 4- year-old kindergarten are highlights of what taxpayers get in South Carolina’s $22.8 billion spending plan approved Wednesday by the General Assembly. But giving a pay raise to about 55,000 S.C. employees…
Look for the best deals. There are a number of insurance companies that offer rate reductions if the customer is not an accident magnet. They state they will decrease the insurer’ s deductible for every year their customer will go accident free.
The center couldn’t get the four HMOs that dominate the Madison- area health insurance market to cover its services, leaving it with an unsustainable business model, owner Jennifer Bell said. “Without an HMO to cover the birth center, it’s just not sustainable in the Madison market,” Stoddard said. Scott Shoemaker, spokesman for Physicians Plus, said UW Health nurse…
A.M. Best Co. has downgraded the financial strength rating to B from B+ and issuer credit rating to “bb+” from “bbb-” for American European Insurance Company and its subsidiaries, Rutgers Casualty Insurance Company and Rutgers Enhanced Insurance Company. All three companies are headquartered in Cherry Hill, N.J., and collectively referred to as American European…
In a release dated June 17, A.M. Best also has affirmed the ICR of “a” and debt rating of “a” on $100 million 5.95 percent senior unsecured notes due 2014 of RLI’s publicly traded parent holding company, RLI Corp.. In addition, A.M. Best has affirmed the FSR of A+ and ICR of “aa-” of Contractors Bonding and Insurance Company. The ratings take into consideration RLI Corp.’ s first…
Fitch Ratings expects to assign the following ratings to the Nelnet Student Loan Trust 2013-4, student loan asset-backed notes as follows:. The credit quality of the trust collateral is high, in Fitch’s opinion, based on the guarantees provided by the transaction’s eligible guarantors and at least 97 percent reinsurance of principal and accrued interest…
Andrew Torrance has been named the new president and chief executive officer of Fireman’s Fund Insurance Company. With more than 30 years of experience in the insurance industry, Torrance most recently served as CEO of Allianz UK, a general insurer in the UK and part of the Allianz SE Group, a property and casualty insurer. His appointment is subject to approval…
Mercer announced that David Stacey recently joined the firm’s Dallas office as Partner and Senior Consultant in its Health and Benefits business. Prior to joining Mercer, he was Senior Vice President for Cigna, where he led the National Accounts West Region team for medical, dental, and group insurance business. Before his time at Cigna he served as Principal…
Advanced Practice Strategies’ Demonstrative Evidence Group announced it has been selected by the Louisiana Medical Mutual Insurance Company as the preferred vendor of choice for visual strategies in defense of medical malpractice claims. “At APS, we are dedicated to empowering defense teams with visuals and exhibits that impart complex medical…
Shenandoah Life Insurance announced that Paul Mistretta has been hired as the president and chief executive officer of the company…
June 19– A settlement has been proposed between hundreds of funeral homes in Wisconsin and the Wisconsin Funeral Trust, which was taken over by a court-appointed receiver last year when state investigators found it was millions of dollars short of its expected value. The settlement would assure both that people who invested in the trust by paying in advance…
The Ingalls, Kan., school board agreed it was a good idea for top administrators to bring handguns to school. Then, the district learned it would lose its liability insurance coverage if it authorized guns in school…
June 19– Selective pay raises for some Delaware River Port Authority workers, improper use of outside law firms, misuse of economic-development funds, and overcharges for employee health insurance are among issues raised by internal audits, DRPA chairman David Simon said Wednesday. Simon’s unexpected revelations surprised his fellow board members from…
June 19– Even with the 2,500th worker on board at GEICO’s Amherst customer service center, the insurance giant is keeping the “Now Hiring” sign turned on. GEICO still has room to expand at the $40 million customer service center it opened in the CrossPointe Business Park in Amherst in September 2005, but company executives declined to set a long-term growth target…
Humans know that sex is good. Unfortunately though, it too often it falls by the wayside when more mundane and day-to-day tasks get in the way. The Huffington Post reported on June 18 that studies have shown that desire for women can decline dramatically after menopause. It declines for both men and woman after age 50. The good news is that active, mature, adults of…
June 19– WILSON– Town residents voted down the Wilson School budget for the second time this spring “sending a message” that the price of education is too high in the district. The vote was 903-604 against the $24.3 million budget Tuesday. That means the district will automatically go to a contingency budget of the same $24.3 million.
SUMMARY: This proposed rule sets forth financial integrity and oversight standards with respect to Affordable Insurance Exchanges; Qualified Health Plan issuers in Federally-facilitated Exchanges; and States with regard to the operation of risk adjustment and reinsurance programs. EFFECTIVE DATE: To be assured consideration, comments must be received…
