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Beazley Launches Healthcare Regulatory Liability Coverage to Respond to Actions for Billing Errors and Omissions

March 22, 2012

Beazley Group plc announced today the introduction of a new Healthcare Regulatory Liability policy to protect policyholders against errors& omissions claims brought by or on behalf of governmental entities. Medicare and Medicaid billing investigations False Claims Act allegations Commercial Payor actions* Stark actions* EMTALA actions* HIPAA actions*.

SMA Insurance Report Finds Half of Insurers Unable to Achieve Underwriting Goals with Current Systems

March 22, 2012

BEDFORD, Mass., March 22, 2012/ PRNewswire/– FirstBest ® Systems, Inc., provider of insurance software solutions for global insurance carriers, today announced that a recent underwriting report indicates insurers increasingly see underwriting as an engine for business success. FirstBest will host a Webinar on March 29th, where SMA founder and report author,…

DILLARDS INC – 10-K – MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS.

March 22, 2012

Dillard’s, Inc. operates 304 retail department stores spanning 29 states and an Internet store. Our retail stores are located in fashion-oriented shopping malls and open-air centers and offer a broad selection of fashion apparel, cosmetics and home furnishings. In accordance with the National Retail Federation fiscal reporting calendar, the fiscal 2011,…

Affordable Care Act at Work for America’s Small Businesses

March 22, 2012

As we approach the two-year anniversary of the Affordable Care Act, Democrats are highlighting how Americans are already benefitting from the law. *Provides $40 billion in tax credits for small businesses to help them offer employee health insurance coverage- if they choose to do so. Over the next 10 years, the proposal would provide an additional $14 billion in…

Free Resource Website Is Helping Insurance Agents Become More Successful

March 22, 2012

March 2012 Are you looking for solid ideas and proven concepts which could enable you to: • Increase your insurance sales…

UNIVERSAL HOSPITAL SERVICES INC – 10-K – : Management’s Discussion and Analysis of Financial Condition and Results of Operations

March 22, 2012

During the year ended December 31, 2011, we owned or managed over 615,000 pieces of medical equipment consisting of 395,000 owned or managed pieces in our medical equipment outsourcing 35——————————————————————————–. Our fees are paid directly by our customers rather than from direct reimbursement from third-party payors, such as private insurers, Medicare, or Medicaid.

The Hartford Celebrates Expansion of Lumpy’s Ice Cream into New Home

March 22, 2012

After 11 years in business, Buck Buchanan, founder and owner of Lumpy’ s Ice Cream, is opening his first storefront in Wake Forest, N.C. The grand opening and ribbon cutting ceremony takes place on Saturday, March 24. “I love what I do and opening my first ice cream store in my community has been a dream of mine,” said Buchanan.“ The support I have received from The Hartford to…

LifeInsurance.org Unveils New, User-Friendly Version of Their Popular Consumer Site

March 22, 2012

March 22, 2012 Online life insurance resource, LifeInsurance.org, kicked off the new year with an overhaul of their site. The…

New Flood Maps Show Current Risks in Rogers County, Oklahoma

March 22, 2012

DENTON, Texas– Rogers County, Oklahoma homeowners, business and residential renters, and business owners who do not have flood insurance are encouraged to buy coverage now to get the best possible premiums before new flood insurance rate maps go into effect. The new Rogers County flood maps, which include all of the communities in Rogers County, become effective…

NAIC: 59% of Americans Haven’t Protected Possessions From Severe Weather

March 22, 2012

More than half of Americans don’t have a home inventory of their possessions, putting them at risk for inadequate home insurance coverage, should severe weather strike…

A.M. Best Affirms Ratings of Roins Financial Services Limited’s Subsidiaries

March 22, 2012

In addition, A.M. Best has revised the outlook to positive from stable and affirmed the FSR of B and the ICR of “bb+” of Canadian Northern Shield Insurance Company. Concurrently, A.M. Best has affirmed the FSR of B+ and ICR of “bbb-” of Ascentus Insurance Ltd. as well as the FSR of B and ICR of “bb+” of Unifund Assurance Company. A.M. Best also has withdrawn the FSR of A and ICR “a+” of GCAN…

Transamerica Life Insurance Company Announces Transamerica Agency Network, Inc.

March 22, 2012

Transamerica Life Insurance Company announces the creation of Transamerica Agency Network, Inc. The career agents of Monumental Life Insurance Company and the independent agents of Life Investors Financial Group, Inc. have joined together to create the new marketing organization. “Combining these two groups under the Transamerica brand provides our…

Chartis Collaborates with Sterling & Sterling to Offer Total Body Pac®

March 22, 2012

Chartis announced that its Programs Division is collaborating with Sterling& Sterling, Inc. to offer Total Body Pac ®, a comprehensive insurance solution for salons, day spas and tattoo parlors nationwide. “The Chartis insurers have underwritten this business segment for nearly 15 years,” said Ethan Allen, senior executive of the Programs Division of Chartis. “

Georgia Man Sentenced to Prison for $15M Insurance Fraud

March 22, 2012

An Acworth, Ga., man was sentenced today to 24 months in prison for bilking an insurance company, a premium finance company, and related companies out of more than $15 million…

Allianz Life Promotes Matt Gray to VP, Market Management, Product Innovation

March 22, 2012

Gray is a Fellow of the Society of Actuaries, a member of the American Academy of Actuaries, and holds a Series 7 securities registration…

INVEST Financial Corporation® Signs Eight New Financial Institutions

March 22, 2012

INVEST Financial Corporation today announced it will provide brokerage and investment services for eight new financial institutions from across the United States. TopLine Federal Credit Union, $311 million in assets Merck Sharp& Dohme Federal Credit Union, $459 million in assets Crane Federal Credit Union, $373 million in assets Hoosier Hills, $365…

The Main Street America Group Elects Four New Company Officers

March 22, 2012

The Main Street America Group has elected four new officers– Mark Friedlander, Kathy Killgore, Matt McColley and Lisa Murman. Mark Friedlander, who heads corporate communications at The Main Street America Group, has been elected an officer of the Jacksonville, Fla.- based property/casualty insurance company. Mark Friedlander leads Main Street America’ s…

Quantifi Releases Support for Calculating the Effect of Funding Costs on OTC Valuation using Funding Valuation Adjustments (FVA)

March 22, 2012

LONDON& NEW YORK—- Quantifi, a leading provider of analytics and risk management solutions to the global OTC markets, today announced first-to-market support for Funding Valuation Adjustments as part of its latest Version 10.2 release. This enhancement allows firms to accurately measure the effect of funding costs on the valuation and risk management of OTC…

SAI Global in Conjunction With the Personal Care Products Council Announces the Official Launch of the Personal Care Manufacturing Assessment Program (PCMAP) at the Personal Care Products Council’s 2012 Annual Meeting in Naples, FL.

March 22, 2012

SAI Global in conjunction with the Personal Care Products Council announces the official launch of the Personal Care Manufacturing Assessment Program. Developed in alliance with the Council with extensive input from product manufacturers and ingredient suppliers, PCMAP is the first customized industry-wide assurance program that provides cosmetic…

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