Aultman Hospital in Canton, Ohio recently partnered with Wound Care Advantage to transition its outpatient wound center electronic medical record management. The partnership strengthens the hospital’s commitment to the specialty of wound care by joining a network of wound centers across the country currently working with Wound Care Advantage.
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A.M. Best has upgraded the financial strength rating to B+ from B and the issuer credit rating to“ bbb-” from“ bb+” of Forestry Mutual Insurance Company. FMIC continues to benefit from geographic diversification entering markets in neighboring states, management initiatives taken in recent years to restructure its reinsurance program to reduce net loss ratio…
Cegedim, a technology and services company committed to innovation, posted consolidated first quarter 2015 revenues excluding activities held for sale of €119.3 million, up 7.0% on a reported basis and 4.8% like-for-like compared with the same period in 2014. All divisions contributed positively to the reported growth. Cegedim announced on April 1,…
Point 2 Point Global Security announced today that Jim Beiermann has joined the company as CFO. Jim started his career in the financial industry working for a well-known bank in Chicago as well as Board of Trade. Most recently, Jim was Senior Vice President of Finance for a venture-backed start up organization serving customers such as AT&T and Verizon.
LSG, the leading software application and business process outsourcing company, is pleased to announce the launch of GERMS™ “Global Enterprise Risk Management Suite” for the legal industry ecosystem. LSG GERMS™ is a business model for global enterprises to achieve greater transparency and stability by mitigating and offsetting risk. Gary R. Markham, Chief…
The letter was sent to Waterbury-based Webster Financial Corp. by New York City hedge fund Kerrisdale Capital, which holds approximately 2 million shares in Webster Financial Corp.. Kerrisdale believes the company is undervalued by approximately $1 billion and should spin off its HSA Bank unit. “The successful public offering of one of HSA Bank’s…
Typically, the first quarter is seasonally weak for Hawaiian Airlines. Parent company Hawaiian Holdings Inc. said after the market closed Thursday that it earned 40 cents a share compared with a loss of $5.1 million, or 10 cents a share, in the year-earlier period. “Low fuel prices and strong demand across our network combined to more than offset the impact of a…
The IRS allows certain deductions from your income before you need to compute your tax liability. Depending upon your filing status and your personal circumstances over the past year, you need to determine if you are going to itemize your deductions or take what the IRS defines as the “standard deduction.” The IRS provides an online tool to help you compute your…
WASHINGTON, April 28– The Federal Deposit Insurance Corporation published the following proposed rule in the Federal Register:. Dates: Comments must be received by the FDIC no later than July 27, 2015. The FDIC is seeking comment on whether certain insured depository institutions that have a large number of deposit accounts, such as more than two million…
A great case study might be the new medical clinics that have opened in Santa Fe this month– sparkling new facilities operated by Presbyterian Healthcare Services on St. For the most part that is the case, as both clinics have in-network provider contracts with the largest insurance companies in New Mexico, including Medicaid. Christus spokesman Arturo…
Wells Fargo& Company announced today that its stockholders elected as directors the 16 nominees named in the company’ s proxy statement and ratified the appointment of KPMG LLP as the company’ s independent auditors for 2015. Stockholders also approved the 2014 compensation of the company’ s executives named in its proxy statement. Wells Fargo& Company is a…
Continuing to invest in its long-standing Insurance business, Wells Fargo& Company has hired more than 50 senior leaders across its Insurance division in recent months. Named best Insurance Broker in North America 1, Wells Fargo Insurance, which includes the Insurance Brokerage and Consulting and Personal and Small Business Insurance distribution…
Northern Trust has received the Private Equity Fund Administrator of the Year, Mutual Fund Administrator of the Year and Securities Lender of the Year awards from Custody Risk magazine, highlighting exceptional achievement in the securities services industry with its annual Americas Awards. “The Custody Risk Americas Awards reinforce our…
Great American Insurance Group is pleased to announce an additional $10 million in casualty capacity for public sector risks attaching $10 million or higher. About Great American Insurance Group. Based in Cincinnati, Ohio, the operations of Great American Insurance Group are engaged primarily in property and casualty insurance, focusing on specialty…
RMS ®, the world’s leading catastrophe risk management firm, today announced that it was selected as a partner to conduct risk analysis for a new excess mortality bond sponsored by AXA Global Life and issued through Benu Capital Ltd., using RMS’ s LifeRisks Infectious Disease, Probabilistic Terrorism, Earthquake Casualty, Residual Risk, Longevity Risk and…
Royce Williams, a Nashville- based Allstate insurance agency, has announced the promotion of Emma Williams to Sales Agent. William’s time with Royce Williams Agency motivated her to become licensed in property insurance, casualty insurance, and life and health insurance. She graduated with a Bachelor’s of Science degree from Furman University, where…
Analyzed by category, branded drug prices jumped 5.7%, specialty drugs rose 2.5% and generic drugs increased 1.4% between January and March 2015. “Prescription drug prices continue to rise at a rate that makes it increasingly difficult for businesses to keep the costs of employee benefits in check,” said Bryan Birch, Chairman, President and CEO of Truveris.“ This…
Napier Park Global Capital, a global alternative asset management firm, announced today that its Financial Partners business group has held a final closing of the Napier Park Aircraft Leasing Vehicle I LLC, a $454 million specialized, single-purpose private equity fund. Napier Park partnered with Air Lease Corporation, one of the leading, global lessors of…
–Insureon, the nation’s leading online provider of insurance for small businesses and independent contractors, has developed risk management tools for architects, engineers, surveyors, draftsmen, and other design professionals. But as insureon CEO Ted Devine points out, any increase in opportunity comes with increased risk. Indeed, such a case is currently…