Towers Watson, a global professional services company and WageWorks, Inc., a provider of Consumer-Directed Benefits, announced an agreement for WageWorks to administer health savings accounts and health reimbursement arrangements on OneExchange Active, Towers Watson’s new private health insurance exchange. According to a release, under the agreement,…
Newswires
July 20– BROOKSVILLE– Two weeks after a fire ripped through a screened porch at the East Hernando Library Branch, the Hernando County Sheriff’s Office has made an arrest in the case. The fire at 6457 Windmere Road was reported just past 2 a.m. on July 6. On Friday, Cristi Charlow, risk management coordinator for Hernando County, said the blaze is expected to cost…
KULPMONT- The mayor announced Friday afternoon that the police department is going back in service after a two-day shutdown. Myron Turlis told The News-Item at approximately 4:15 p.m. that an agreement with a “high-risk” insurance carrier had been reached. Turlis said Kulpmont will be paying a “significantly higher” premium than the $1,500 originally…
July 20– UNION– The Union Hospital District Board of Trustees and the Union County Council Committee on Public Health and Social Services held a joint meeting Thursday morning to discuss the future of Wallace Thomson Hospital. Newhouse also reviewed the payer mix and continuing reductions from Medicaid/ Medicare and commercial insurance.
July 20– Former metro-east resident and business owner Jim Allsup now spends his days at his house in Arizona. But Allsup, founder of Allsup Inc., the country’s first nationwide, private, Social Security disability claims company, said he feels an obligation, since he has made it in the business world, to come back to the metro-east every summer to try to help others…
Amy Gulli is managing editor of the Business Journal. Donegal insurance Group has called Gregory Shepard’s tender offer “illusory” since the beginning, and its pointed out several flaws in his plan to buy more than 960,000 shares of its Class? But one of the things Donegal has never overtly questioned is Shepard’s ability to actually cough up the $29 million in…
July 20– KULPMONT– The mayor announced Friday afternoon that the police department is going back in service after a two-day shutdown. Myron Turlis told The News-Item at approximately 4:15 p.m. that an agreement with a “high-risk” insurance carrier had been reached. Turlis said Kulpmont will be paying a “significantly higher” premium than the $1,500 originally…
July 20– Ten years ago, Jack Knowlton of Saratoga Springs and his gang of merrymakers from Sackets Harbor turned thoroughbred racing upside down when the upstart gelding named Funny Cide won the Kentucky Derby and Preakness. At the end of last summer, Don Lucarelli of Duanesburg and his partner Jack Wolf, who owns a house in Saratoga Springs, hooted and hollered…
Today, Governor Susana Martinez announced appointments to the Athletic Trainer Practices Board, New Mexico Athletic Commission, Children’s Trust Fund Board of Trustees, Board of Chiropractic Examiners, New Mexico Dental Board, Board of Dental Health Care, State Emergency Response Commission, Environmental Improvement Board, Board of Funeral Services,…
The American Insurance Association issued the following news release:. Leigh Ann Pusey, president and CEO of the American Insurance Association, issued a statement in response to the Financial Stability Board’s announcement designating an initial list of “global-systemically important insurers” or G-SIIs. In coordination with the FSB, the International…
Research and Markets has announced the addition of the “Reinsurance in Romania, Key Trends and Opportunities to 2017” report to its offerings. In a release, Research and Markets noted that report highlights include:. In 2012 the EU announced plans to invest over US $235 million in a Nuclear Photonics Project in Romania and also budgeted for other smaller…
The board of directors of HealthNow New York Inc. has announced its selection of David W. Anderson as the new president and chief executive officer of the multi-faceted health care organization that includes the Western New York region’s largest health insurer, BlueCross BlueShield of Western New York. In a release, the Company said that Anderson spent the…
Connecture, Inc., a provider of Web-based information systems used to create health insurance marketplaces, announced that the HIMSS’ Privacy and Security Task Force has published a white paper titled “Affordable Care Act Requirement: Health Insurance Marketplace Overview Part 1.”. In a release, Connecture noted:. Jim Yocum, executive vice president of DRX a…
Aetna, a global diversified health care solutions company, and Zurich- based Swiss Life, a life and pension insurer, have formed a strategic partnership to offer Aetna’s international and domestic health care benefits and services to Swiss Life’s roster of multinational customers. In a release, the companies said that effective September 1, Aetna joins the…
Research and Markets has announced the addition of the “The Insurance Industry in Gambia, Key Trends and Opportunities to 2017” report to its offerings. The insurance industry in Gambia is small and fragmented. According to the United Nations Development Programme’s 2011 Human Development Index, Gambia is one of the poorest countries in the world, with a world…
When Wachovia Bank took over, it opted to dump some whole life insurance and get much cheaper policies with the same death benefit, while saving $620,000 in premium costs. The bank used a Wachovia broker, and made the commission. But as the 7th Circuit Court of Appeals said, “Under the terms of the trust instrument, Wachovia had broad discretion to invest trust…
July 19– Highland Park Schools board member and union activist Robert Davis may have to divulge his assets, his income and how he is going to pay a $40,000 judgment won by the Highland Park Board of Education and the district’s emergency financial manager, a Wayne County judge ruled today. But that’s only if the insurance company for the school district isn’t…
FEMA is revising the boundaries of areas in Bradford County where residents under certain circumstances must buy flood insurance, which will cause significant flood insurance rate increases for some homeowners, the solicitor for Bradford County said. FEMA has issued new, preliminary Flood Insurance Rate Maps for Bradford County, which show the new,…
KULPMONT- A rising insurance premium could be the reason for temporary suspension of the borough police force. Chief Rick Wilson acknowledged after an executive session Wednesday night the decision involved an “insurance issue.” But it’s believed the borough may have been forced to find a new police liability insurance policy that is costing much more than…
