GE unit, GE Energy Financial Services, provided the construction financing, which will enable the construction of the 163- megawatt wind farm. Additionally, GE Energy Financial Services and BNP Paribas SA will each provide 50% of the long-term tax equity for the project. It is considered to be in the western part of the Competitive Renewable Energy Zone in Texas,…
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Life and property and casualty insurers have recognized the need for digitally transforming their businesses, motivating them to confront the challenges of aging legacy systems, manual processes, increased data protection and regulatory requirements, culture issues, lack of innovation mindset, and talent shortage. This is mainly driven by the massive…
WATERTOWN– A $750,000 payment from the city’s insurance carrier is more than enough money to pay for expenses associated with the cleanup of the Election Day fire that destroyed most of the old state Department of Transportation barns on VanDuzee Street last November. Continental Casualty Insurance, Chicago, handed over the $750,000 check to the city in July…
In addition to California, users in Colorado, New York, New Jersey, and Illinois will be able to automatically quote and present all available insurance plans for the 2016 open enrollment season in one platform. “This multi-state expansion and the additional new feature set is our first step toward being available in all 50 states,” said Jason T. Andrew, Limelight…
Oceanwide, an Insurity company and developer of industry-leading, configurable, SaaS based insurance software, today announced that Atain Insurance Companies, surplus lines carriers headquartered in Farmington Hills, Michigan, has selected Oceanwide’ s Bridge Insurance Software Suite and Insurity’ s Claims Decisions to support its commercial package,…
A bipartisan bill was introduced in Congress in July that would allow high-deductible plans that can link to health savings accounts to cover care for chronic conditions like diabetes and heart disease before plan members have met their deductibles. The accounts must be linked to health plans that meet certain federal standards, including minimum…
Sept. 27– The New Mexico State Fire Marshal’s Office and Alamogordo Fire Department along with the Alamogordo Police Department concluded from their onsite investigation that the Kids Kingdom fire has been determined to be incendiary in nature, according to a City of Alamogordo press release. “We know it was an incendiary fire,” AFD Chief Mikel Ward said.
–Enli Health Intelligence announced today that CareManager, its enterprise-class care coordination platform, has been recognized as a Leader by IDC Health Insights in its IDC MarketScape: U.S. Population Health Management 2016 Vendor Assessment. IDC is the premier global provider of market intelligence, advisory services, and events for the information…
People’s General Insurance “the premier insurance company from Philippines, has earned the distinction of becoming the first insurance company of the country to offer policies online to customers through its exclusive Auto Cars Direct online site at insurancedirect.com. ph. We have been providing individuals “SMEs, and local and international private…
BlueCross BlueShield of Tennessee said Monday it is withdrawing its individual exchange plans next year in Memphis, Nashville and Knoxville to help limit the risks of additional losses for the Chattanooga- based insurer. BlueCross will continue to offer individual health plans under ObamaCare in 65 of Tennessee’s 95 counties, including all of those in the…
RAM Technologies, Inc., the leader in the development and delivery of claims administration software for healthcare payers who administer government sponsored healthcare, is proud to sponsor the National Conferences on Medicare, Medicaid& Duals presented by America’s Health Insurance Plans. From payment rates and value-based payment models to…
The petition comes shortly after the Natchez Board of Aldermen chose to renew its health insurance coverage with Leslie “Les” Smith of LS& Associates in Southaven at the board’s Sept. 13 meeting. The meeting quickly devolved into accusations of some aldermen being “wined and dined” in exchange for their support of Smith’s coverage plan and a back-and-forth…
He just mentioned that there is a cap on the number of therapy sessions available under Medicare. You are correct, Medicare has set annual “therapy caps” for physical therapy, speech therapy and occupational therapy. For 2016, Medicare covers a combined total of $1,960 worth of physical therapy and speech therapy.
Jaret Gibbons, D-10, Franklin Township, is a co-sponsor on the bill, which was referred to the House Committee on Insurance. Matzie asked the state Insurance Department to investigate and in April 2015 Insurance Commissioner Teresa Miller told insurers that earthquake riders on Pennsylvania homeowner policies “should cover all earthquakes, whether…
The Bellefonte business burned in January 2015, causing $180,000 in damage. The lawsuit brought by Penn National Mutual Casualty Insurance says that Vanguard Products Group, of Oldsmar, Fla., is to blame. The suit, filed in U.S. Court for the Middle District of Pennsylvania, called the device “unreasonably dangerous and unsafe for its intended use.
Sept. 27– A Chicago- based pharmaceutical company that’s selling skin medications for thousands of dollars is the latest to take heat in the nationwide furor over drug pricing. The Tribune confirmed that Alcortin A is selling at some Chicago- area pharmacies for $8,000 or more, before insurance. As recently as Jan. 1, 2015, Alcortin A had a wholesale price of $189,…
In contrast, State Farm was most likely to reward good drivers regardless of economic status among the top five U.S. insurers, the Consumer Federation of America found. The survey released Monday had no Florida example, but found an Atlanta driver of moderate income and a safe driving record would pay Progressive $1,724 a year, or $490 more than an upper-income…
Sept. 26– ALBANY– Consultant Jim Britt took Dougherty County Commission Chairman Chris Cohilas’ restaurant metaphor in reference to the county’s risk management program Monday morning and turned it into an apt summary of the uniquely designed program. The county and its risk management team had reason to celebrate the program at the commission’s work…
ORLANDO, Fla., Sept. 26, 2016/ PRNewswire-iReach/– FiduciaryFirst, LLC is pleased to announce they have been contracted by The City of North Miami as a retirement plan advisor and fiduciary risk management partner for its retirement plan with assets of approximately $30,000,000. The City of North Miami has a rich history dating back to the 1800 s.
