In 1930, voters in the recently designated Golden Gate Bridge district went to the polls and put up their homes, farms and businesses as collateral to support a $35 million bond…
Newswires
New Mexico’ s Human Services Department is renewing its partnership with Xerox with a 58- month, $105 million contract to manage and enhance the state’ s delivery of quality health care to Medicaid recipients. Xerox has administered Medicaid services for New Mexico since 1994. Last year, Xerox processed 23 million claims and handled $3.5 billion in Medicaid…
SELAH– After three hours in interviews and a half-hour executive session, the Selah City Council on Thursday unanimously confirmed David Kelly of Friday Harbor as its new city administrator. Kelly, 48, has worked for San Juan County for nearly two years dealing with finances, union negotiations and risk management for the island area of 16,000 residents.
Milliman, Inc., one of the premier global consulting and actuarial firms, today announced the availability of its MedInsight technology and services solutions tailored for State All Payer Claims Database Programs. In order to further support this solution, the MedInsight team recently hired an experienced operations and thought leader. Alan Prysunka, who…
Liberty Mutual Insurance has appointed Brian Dunham as senior vice president and chief actuary of its Group Benefits operation…
Federal regulations prohibit businesses from paying directly for employee’s individual health insurance premiums, outside of an HRA, or other tax-free vehicle…
LIMRA issued the following news release:. Total new premium for life combination products reached $2.2 billion in 2011, approximately 13 percent of total individual life insurance new premium. “Sales of life combination products continue to grow at a remarkable rate, especially coming off the double-digit growth experienced in 2009 and 2010,” said Elaine…
In this role, Mr. Homan will be responsible for the company’ s commercial liability insurance business in 50 countries throughout Asia, Latin America, Europe, the Middle East and Africa. Mr. Homan will succeed Keith Stibbards, who is retiring after more than 40 years of service and will continue to serve in an advisory capacity. Homan has served as Senior Vice…
May 22– One of our favorite summer events is the opening of the Greeley Farmers Market at the Depot in downtown Greeley. We hope that doesn’t change now that the city of Greeley is requiring all vendors to carry $600,000 in general liability insurance. Ironically, it’s usually large producers that are responsible for illness outbreaks, such as the listeria…
Dennis Johnson, President and CEO of United Heritage Life Insurance Company, is the 2012 recipient of the American Council of Life Insurers Forum 500′ s Distinguished Service Award. Mr. Johnson has served as President and CEO of United Heritage Life Insurance Company since January 1999. In addition to his responsibilities at United Heritage, Mr. Johnson serves…
Sapiens International Corporation N.V., a global provider of innovative insurance software solutions, announces today the successful go-live of Sapiens IDIT Software Suite at DirectAsia.com Hong Kong. This deployment follows the successful implementation of IDIT software suite at DirectAsia.com Singapore, in June 2010. “DirectAsia.com Hong Kong can…
Scott Walker sharply curtailed collective bargaining for most public employees– sparking national debate and a historic gubernatorial recall election– most people had never heard of WEA Trust. Walker says collective bargaining enabled WEA Trust, which is affiliated with the state’s largest teachers union, to dominate the health insurance market for…
While public health care policy and the factors that influence consumer preference and purchasing decisions about health insurance are rapidly shifting, the 2012 Harris Poll EquiTrend study finds that brand equity remains strong among the top-ranked health insurers. “The definition of consumer is’ one that consumes’,” says Debra Richman, Senior Vice…
A recent A.M. Best report showing market share for workers’ compensation carriers in Pennsylvania ranks HM Workers’ Compensation, a product of HM Insurance Group, as 11th in Pennsylvania, moving the carrier up nine positions in the last five years. “This report supports our claim that HM Workers’ Compensation is one of the fastest growing carriers in the…
A prime reason many uninsured individuals don’t have insurance coverage is that no carrier has invited them to purchase their products, according to a Deloitte survey of life insurance buyers. Deloitte also identified some of the marketing challenges life insurers face in expanding their penetration among the uninsured and underinsured. “
Mesirow Financial Insurance Services, an insurance brokerage, announced the establishment of its new integrated human resources solutions model: Mesirow Financial FIRSTHR. “Mark Kmety and Brian Diedrich have crafted a suite of services aimed at automating and managing employment from pre-hire to retire,” says Mesirow Financial Chairman and CEO Richard…
Wells Fargo Insurance- part of Wells Fargo& Company- announced it has awarded $7,499 to the Cordelia Fire Protection District in Fairfield, California, becoming the only broker to provide $1 million in grants to local fire departments and burn prevention organizations through the Heritage Program at Fireman’s Fund Insurance Company. “We are very pleased…
“Allianz Life is committed to upholding and protecting the promises made to our customers and their retirement solutions,” said Bowman. ” Prior to joining Allianz Life, Wikelius served as a deputy attorney general with the Minnesota Attorney General’s Office and was also a deputy commissioner responsible for enforcement with the Minnesota Department of…
ExlService Holdings, Inc., a provider of Outsourcing and Transformation services, said that three new life insurance and annuities providers have entered into strategic agreements to implement policy administration platform EXL LifePRO through private cloud deployment. In a release, the Company said that clients selecting the EXL LifePRO private cloud…
