For the second year running, Allianz has been named the Best Allround Insurer by the Council of Queensland Insurance Brokers at their annual Queensland Day Insurance Awards. The last 12 months has been a challenging time for Queenslanders and we are proud to have been able to assist them in rebuilding their communities,” said Mr Towell. We value the support of…
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GEICO announced the release of GEICO Connect, a new mobile app that allows access to GEICO insurance information via mobile devices. “More and more consumers are using their smartphones and tablets to search and retrieve information,” said Pete Meoli, manager of GEICO’s mobile team. ” GEICO Connect features digital access to insurance ID cards, GEICO’s Roadside…
June 21– EAST ST. LOUIS– The city’s insurance rating has doubled, meaning insurance premiums for homeowners and businesses will likely go up as well, city officials said. The Insurance Services Organization notified the city of its plans to change the rating a few weeks ago. Mayor Alvin L. Parks, Jr., said he and Fire Chief Jason Blackmon met earlier this week with ISO…
ATLANTA, June 21, 2012/ PRNewswire-USNewswire/– 100 Black Men of America, Inc. held The 100 As One Conference in Atlanta, Georgia, June 13– 17, 2012, drawing leaders from across the U.S. that encompassed government, education, health and wellness, civic and entertainment industries. Chairman, 100 Black Men of America, Inc. “Once again we used our annual conference for…
June 20– NEWTON– While the Jasper County Unit 1 Board of Education voted Monday to buy a home adjacent to Newton Elementary School, Superintendent Dan Cox said Tuesday the only immediate plans for the lot are to tear down the house that presently sits there. In other action Monday, the board agreed to renew its property, casualty and liability insurance with Ramza…
SPRINGFIELD, Mass., June 21, 2012/ PRNewswire/– MassMutual’ s Retirement Services Division is sponsoring a contest for retirement plan advisors with the grand prize being an opportunity for the winning advisor to participate in a professionally recorded interview at the 2012 PlanAdviser ® National Conference in Orlando, Fla. The interview of the grand prize…
A.M. Best Co. has affirmed the financial strength rating of A and issuer credit rating of“ a” of Gerber Life Insurance Company. Moreover, A.M. Best notes that Gerber Life’ s overall business mix and source of its operating gains are shifting somewhat with greater dependence on medical stop-loss business, which is cyclical in nature. A.M. Best believes Gerber Life is…
June 21– Nearly 114,000 Michigan families who buy their own health insurance or who have workplace coverage at small businesses will receive an average rebate of $214 no later than August 1 if their health insurer spent too much on administration and salaries, the nation’s top health official announced today. In Michigan, 10 insurers will have to pay rebates,…
But pool-related accidents are a leading cause of death and injury for children, so Amica Insurance is sharing five important water safety tips. “It’ s important to never let children out of sight when they’ re swimming, even if there’ s a lifeguard on duty,” said Michael Gillerlane, a senior assistant vice president with Amica Insurance.“ It only takes a second for a…
A.M. Best Co. has affirmed the financial strength rating of A and issuer credit rating of“ a+” of Iron Horse Insurance Company. The ratings reflect Iron Horse’ s adequate risk-adjusted capitalization, explicit parental support, experienced management team and the role it plays as a direct captive subsidiary of Chevron Corporation. In its role as a captive insurer,…
June 21– Massachusetts has received more than $3.4 million to settle a dispute with American International Group, which admitted it had underreported workers’ compensation premiums leading to the underpaying of premium taxes and assessments over several years, the state’s insurance division said today. “While Massachusetts and a few others took the lead in…
The insurance legislation applies to state employees, university and community college staff, judges and legislators. The state has paid the health insurance premiums for those retirees if they’ve worked a certain number of years…
INVEST Financial Corporation ® today announced it will provide brokerage and investment services for ORNL Federal Credit Union, based in Oak Ridge, Tenn. Established in 1948, members of ORNL Federal Credit Union account for more than $1.4 billion in assets. “We are pleased to welcome ORNL Federal Credit Union into our growing network of financial…
Arthur J. Gallagher& Co., an Itasca, Ill.- based international insurance brokerage and risk management services firm, has acquired Spokane- based VEBA Service Group LLC, a medical-benefit company. Under the new ownership, the regional operation based here will do business as VEBA Service Group, a division of Gallagher Benefit Services Inc.. Founded 28 years ago,…
Andy Paterno, a West Virginian with a long history in insurance and finance, was named the new president of Huntington National Bank’s West Virginia region on May 23. His commitment to and knowledge of West Virginia and its industries will enable him to lead Huntington’s growth in the state while working with business, government and civic leaders. “
TOPEKA, Kan.– Kansas has received more than $560,000 from a multistate settlement with insurance company American International Group Inc.. Kansas Insurance Commissioner Sandy Praeger said Wednesday the money has been deposited and will be used to support general government programs. AIG agreed to pay a $100 million penalty plus $47 million in taxes and…
Charlotte, N.C. – June 21, 2012 – Michael J. Plavnicky, President of Charlotte-based Montgomery Insurance, has been recognized with the…
WYOMISSING, Pa. and FALLS CHURCH, Va., June 21, 2012/ PRNewswire/– Customers Bancorp, Inc., parent company of $2 billion asset Customers Bank today announced the acquisition of Acacia Federal Savings Bank, Falls Church, VA from Ameritas Mutual Holding Company. On March 31, 2012, Acacia Federal Savings Bank had about $1 billion in assets, a deposit, lending and mortgage…
WASHINGTON, June 22– The Texas Comptroller of Public Accounts has issued a solicitation notice on behalf of the Texas Southern University for student health insurance. The response due date is July 6. For more information about Targeted News Service’s products, including its daily federal contract report, please contact: Myron Struck,…
