Sept. 21– Humana plans to raise premiums next year for some of the private Medicare plans the insurer sells in Cook County, according to data released Monday by the Obama administration. The increases for Humana's Medicare Advantage plans that offer prescription drug benefits are small, ranging from 2.5 percent to 3.4 percent. On average, Medicare Advantage…
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Some of the exhibitors will be Gibson Pharmacy with low cost flu shots and Carter Bloodcare will hold a blood drive during the event. “We will have estate planning, exercise for balance, exercise for seniors, blood glucose testing, ear and eye screenings, as well as diabetes testing,” said event organizor Mary Waddell. They accept Medicare, Medicaid and commercial…
Cassandra Grace joins the firm as a professional liability broker, and Kevin Burns will join as a casualty broker. “The City of Charlotte is an up-and-coming, rapidly developing city that offers many growth opportunities,” said Denis Brady, president of Burns& Wilcox Brokerage. Owned by the H.W. Kaufman Financial Group, Burns& Wilcox focuses on wholesale insurance…
INDIANAPOLIS, Sept. 21, 2015/ PRNewswire-USNewswire/– The law firm of SmithAmundsen continues aggressive growth in Indiana adding 10 lateral attorneys in less than three months to its Indianapolis office. “SmithAmundsen's way of doing business is refreshing in the legal marketplace,” said Stephen Stitle, a partner in the firm's Indianapolis office with more…
Fitch Ratings has published a servicer report on Protective Life Insurance Co. This report provides an overview of the company's servicing operations and a discussion of the areas evaluated by Fitch. Protective Life Insurance Co. https://www.fitchratings.com/creditdesk/reports/report_frame. cfm? Commercial Mortgage Servicer Rating Criteria–…
The Progressive Group of Insurance Companies plans to fill nearly 1,400 jobs across the country by the end of 2015. Positions include IT, Analyst, Call Center, Claims and Corporate roles and span locations from Austin, Texas to its headquarters in Mayfield Village, Ohio. Progressive has consistently been named a top workplace in Cleveland, Tampa, and Austin, and it…
Sept. 20– Ashleigh Brents and her fiance are a month away from their wedding and just completed a move into a two-bedroom rental home. Ms. Brents' search is not uncommon in Tyler, where homes and rentals are in high demand. Tyler builder John Nix described the outlook for local rental properties as “unbelievable.
–9:30 a.m.: Tamara Togans, director of the Enterprise Data Division at Ginnie Mae; and Victoria Vargas, director of the Program Administration at Ginnie Mae, participate in a discussion on “Modernization Updates”. –10:15 a.m.: Justin Burch, director of the Quality Assurance Division and lender activities and program compliance at the Federal Housing…
Fitch Ratings has affirmed all ratings for Teachers Insurance and Annuity Association of America, its wholly owned domestic insurance subsidiaries and affiliates. The Rating Outlook is Stable. At year-end 2014, TIAA reported total adjusted statutory capital of $39.9 billion, and statutory operating leverage was low at 5.1 x.
Symetra Life Insurance Company has strengthened its flagship no-lapse guarantee universal life insurance— Symetra UL– G— enhancing the product’ s Chronic Illness and Terminal Illness Riders and adding an optional Chronic Illness Plus Rider. “We’ ve enhanced Symetra UL– G to strengthen its guaranteed life insurance protection with living benefits,” said Meg…
FEMA spokesman Rafael Lemaitre told the Asbury Park Press that policyholders “have been through enough already” and that the FEMA team is “working through these reviews as quickly as possible.” In March, FEMA agreed to dust off as many as 142,000 National Flood Insurance Program claims, including 74,000 in New Jersey, and reexamine them with the potential to order…
iRS Notice 2015-17, published Feb. 18, 2015, offers temporary relief from the excise tax penalty in Sec. 4980 D, through June 30, 2015, for employers that reimburse employees for the cost of individual health insurance premiums. This notice also provides temporary relief, through 2015, for reimbursement arrangements involving the more than 2 percent S…
Hall& Company, Tustin, hired Michael S. Silvio as its director of tax sendees… Glenn M. Gelman& Associates, Santa Ana, promoted Lisa Green, Fariba Mehdian and Tanya Valle to director… Alyssa J. Page and William Coal Parry joined Barbich Hooper King Dill Hoffman, Bakersfield, as staff accountants…
As globalization and the interdependence of world economies continue to increase, companies and lenders will need to rely more and more on risk mitigation tools to facilitate international trade. While credit insurance may be new compared to other risk-mitigation methods, it's becoming increasingly popular due to the advances in technology that have…
a common belief we hear in the business community is that the good old-fashioned defined benefit plan is disappearing-or gone. While this may be somewhat true for the large corporate plans, it's hardly the case for small, privately held companies. A well-designed defined benefit plan is state-of-the-art tax and financial planning for the small-business…
Pat Vitucci, a Bay Area Independent Financial Advisor, will be conducting a special financial event about “Tax Tactics” on Wednesday, September 23 in San Ramon at the San Ramon Marriott and Tuesday, October 6 in Concord at the Concord Hilton. Both events will begin at 7 pm and appetizers will be served. The event is at no cost and open to the public. An invitation is…
Sept. 21– A new Federal Emergency Management Agency- imposed flood plains map that will go into effect in December 2016 is expected to reduce the overall number of York County properties in the flood plain, where flood insurance is mandated for some types of mortgages. Downsides of being included on the flood plain map include higher rates for flood insurance,…
Sept. 18– Former Milledgeville Mayor Richard Bentley was sentenced today at the Baldwin County Courthouse on 12 counts of insurance fraud. The crimes occurred during the time that Bentley owned and operated Wilkinson Insurance Agency in Milledgeville. Bentley has remained free on $50,000 bond since he turned himself in to a deputy sheriff at his lawyer's…
If health costs continue spiraling upward, insurers may be forced into a marriage with Uncle Sam.
