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[HRM]-Claims frequency, severity on the rise

February 24, 2012

Claims frequency has been rising slightly, which contrasts to the past few years in which claims frequency had declined or stabilized, according to the sixth annual benchmarking report on professional liability claims trends in the hospital industry from Zurich, a property and casualty insurance provider based in Schaumberg, IL.. Illinois, New York, and…

Davenport University Announces Plans for New Athletic Complex [WXMI-TV, Grand Rapids, Mich.]

February 23, 2012

Feb. 23– GRAND RAPIDS, Mich.– Davenport University announced plans for a new athletic complex to be developed on 17 acres donated by the Farmers Insurance Group of Companies. “Davenport University is extremely grateful to Farmers Insurance Group for this generous donation,” said Dr. Richard J. Pappas, President of Davenport University. “

Testimony in Jason Young’s retrial: Wife’s life insurance worth at least $2M [The News & Observer, Raleigh, N.C.]

February 23, 2012

Feb. 23– RALEIGH– A former sorority sister of Michelle Young testified Thursday that Michelle’s husband, Jason Young, pressed to buy $1 million life insurance policies for both of them shortly before her death. Childs, who met Young at N.C. State University, described Jason Young as callous about the couple’s miscarriage, telling Michelle to “get over it.”

Cayce Man Arrested in Insurance Fraud Case

February 23, 2012

U.S. Attorney’s Office February 23, 2012. *District of South Carolina 929-3000. Gerald B. Hardin, age 34, of Cayce, has been arrested on charges contained in a six-count indictment that alleges that Hardin and two other people committed mail fraud, a violation of Title 18, United States Code, Section 1341. At the time of the incident, Hardin lived in the Sumter, South…

NAIC Subgroup Says Contingent Deferred Annuities Are a Life Insurance Product

February 23, 2012

MetLife argued CDAs are not life insurance but financial guaranty insurance while Prudential Financial contended they’re similar to a living benefit rider on a variable annuity…

Best’s Rating Notification – DuraRock Reinsurance, Ltd

February 23, 2012

A.M. Best Company has made the following rating update:. To obtain more information about this company, please visit:. site= ratings&RefNum= 86477& tab= 4.

Testimony in Jason Young’s retrial: Wife’s life insurance worth at least $2M [The News & Observer, Raleigh, N.C.]

February 23, 2012

Feb. 23– RALEIGH– A former sorority sister of Michelle Young testified Thursday that Michelle’s husband, Jason Young, pressed to buy $1 million life insurance policies for both of them shortly before her death. Childs, who met Young at N.C. State University, described Jason Young as callous about the couple’s miscarriage, telling Michelle to “get over it.”

IPC THE HOSPITALIST COMPANY, INC. – 10-K – MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

February 23, 2012

We are a leading provider of hospitalist services in the United States. We believe we are the largest dedicated hospitalist company in the United States based on revenues, patient encounters and number of affiliated hospitalists. As of December 31, 2011, either through our wholly-owned subsidiaries or our affiliated professional organizations, we employ…

Kindred Healthcare Announces Fourth Quarter Results and Plans for Ventas Lease Renewals

February 23, 2012

Kindred Healthcare, Inc. today announced its operating results for the fourth quarter and year ended December 31, 2011 as well as its intentions with respect to the renewal of facility leases with its primary landlord, Ventas, Inc.. Favorable impact of RehabCare acquisition negated by fourth quarter regulatory changes Initial quarter under new RUGs IV and…

AMERICAN NATIONAL INSURANCE CO /TX/ FILES (8-K) Disclosing Change in Directors or Principal Officers

February 23, 2012

On February 22, 2012, G. Richard Ferdinandtsen, President and Chief Operating Officer of American National Insurance Company, notified the Company’s Nominating Committee that he intended to retire from the Company’s Board of Directors and, therefore, did not intend to stand for reelection at the Annual Meeting of Stockholders to be held April 27, 2012.

HEALTHSOUTH CORP – 10-K – Management’s Discussion and Analysis of Financial Condition and Results of Operations

February 23, 2012

The following Management’s Discussion and Analysis of Financial Condition and Results of Operations relates to HealthSouth Corporation and its subsidiaries and should be read in conjunction with the accompanying consolidated financial statements and related notes. As used in this report, the terms ” HealthSouth,” “we,” “our,” “us,” and the “Company,” refer to…

Fitch Revises Stewart’s Outlook to Stable; Affirms Ratings

February 23, 2012

Fitch Ratings has affirmed the’ BBB-‘ Issuer Default Rating and’ BB+’ senior unsecured debt rating of Stewart Information Services Corp.. In addition, Fitch has affirmed the’ BBB’ IFS rating of Stewart Title Limited. Stewart reported net earnings of $2.3 million in 2011, its first annual profit since 2006, compared with a net loss of $12.6 million in 2010. The…

ASSURANT INC – 10-K – Management’s Discussion and Analysis of Financial Condition and Results of Operations.

February 23, 2012

General We report our results through five segments: Assurant Solutions, Assurant Specialty Property, Assurant Health, Assurant Employee Benefits, and Corporate and Other. The following discussion covers the twelve months ended December 31, 2011, twelve months ended December 31, 2010 and twelve months ended December 31, 2009. The decline is primarily…

LINCOLN NATIONAL CORP – 10-K – Management’s Discussion and Analysis of Financial Condition and Results of Operations

February 23, 2012

The following Management’s Discussion and Analysis is intended to help the reader understand the financial condition as of December 31, 2011, compared with December 31, 2010, and the results of operations in 2011 and 2010, compared with the immediately preceding year of Lincoln National Corporation and its consolidated subsidiaries.

HARLEY DAVIDSON INC – 10-K – Management’s Discussion and Analysis of Financial Condition and Results of Operations

February 23, 2012

Harley-Davidson, Inc. is the parent company for the groups of companies doing business as Harley-Davidson Motor Company and Harley-Davidson Financial Services. HDMC produces heavyweight cruiser and touring motorcycles. HDFS provides wholesale and retail financing and insurance programs primarily to Harley-Davidson dealers and customers.

Selective Insurance Group Announces Officer Appointments

February 23, 2012

Selective Insurance Group, Inc. announced the following appointments by its subsidiary, Selective Insurance Company of America:. Before coming to Selective, she was a reinsurance technical analyst with Frontier Insurance Company. Hupka holds a B.A. from the State University of New York in New Paltz, NY and earned an M.S. in Accountancy from State University of…

ACA Provides Coverage For Nearly 50k Americans With Pre-Existing Conditions

February 23, 2012

The new health care law’s Pre-Existing Condition Insurance Plan program is providing insurance to nearly 50,000 people with high-risk pre-existing conditions nationwide…

Insurance Technologies Announces Jane Upton as ForeSight™ Evangelist

February 23, 2012

COLORADO SPRINGS, CO, February 23, 2012 – Insurance Technologies, LLC, a provider of sales automation solutions for the financial services…

eAgent/Vocalocity Integration Adds Flexibility, Better Customer Database Management for Insurance Agents

February 23, 2012

Tampa, FL, February 23, 2012 – eAgent, an online insurance agency and document management system, has partnered with Voice over…

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