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New Flood Maps Show Current Risks in Ector County, Texas

February 22, 2012

New Flood Maps Show Current Risks in Ector County, Texas. DENTON, Texas– Ector County, Texas 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. “While many people are required by mortgage and…

Riskonnect Taps Top Talent and Continues To Hire Rapidly in Atlanta and New Chicago Office

February 22, 2012

Independent risk management software company Riskonnect, Inc. continues to grow at a rapid pace with the addition of top talent at Riskonnect headquarters, as well as their new Chicago location. Leading the company’s new Chicago office is Trudy Prahler, Director of Professional Services. Joining Trudy in Riskonnect’s Chicago office are David Newhouse,…

Best’s Rating Notification – Cumberland Insurance Group

February 22, 2012

A.M. Best Company has made the following rating update:. To obtain more information about this company, please visit:. site= ratings&RefNum= 5683& tab= 4.

Biting Dog Could Increase Homeowner’s Insurance

February 22, 2012

The III reports dog bites accounted for more than one-third of all homeowners insurance liability claims paid in 2010, costing nearly $413 million….

Federal Loans To Fund Wisconsin Nonprofit Health Insurer

February 22, 2012

The money is part of $3.8 billion included in federal health care reform to help start nonprofit health insurers, similar to cooperatives, to compete in the market for individuals and small businesses…

Saratoga Springs school principals get retroactive pay raises in new contract [The Post-Star, Glens Falls, N.Y.]

February 22, 2012

Feb. 22– SARATOGA SPRINGS– Spa City school principals will see their salaries rise nearly 10 percent thanks to retroactive pay raises under a new union contract, but they’ll also be paying more for health insurance. The five-year contract between the school district and the Saratoga Administrators Association was approved by the school board last week after…

WORKS IN PROGRESS: EXCELLUS BLUECROSS BLUESHIELD, CENTRAL NEW YORK REGION [Business Journal, The (Central New York)]

February 22, 2012

*Geographic Area Served: Cayuga, Cortland, Lewis, Jefferson, Madison, Onondaga, Oswego, Tompkins, St. Lawrence counties. *2011 Highlights: Fifty-two upstate New York hospitals last year earned more than $19 million in quality-improvement incentive payments from Excellus BlueCross BlueShield as part of the health insurer’s Hospital Performance Improvement…

Home Value Protection Insurance Rolls Out In Oklahoma

February 22, 2012

Ohio-based Home Value Insurance is selling policies to protect homeowners from “the devastating impact of declining home prices.”…

Companies Ignored N.Y. Brokers’ Group Self-Insurance Trusts Risk Warnings

February 22, 2012

Two Westchester insurance brokers said they warned clients that group self-insurance trusts handling workers’ compensation claims were too risky…

Website of the Month: Healthcare Financial Management Association [CPA Journal, The]

February 22, 2012

The Healthcare Financial Management Association is a membership organization of healthcare financial management professionals- from accountants to chief financial officers- that covers medical practices, hospitals, managed care organizations, insurance companies, and accounting firms. The organization’s purpose is to improve the business…

Annuity Inflows Down 20% in Jan. to $6.2B

February 22, 2012

The Depository Trust & Clearing Corporation (DTCC) Insurance & Retirement Services (I&RS) has released January information on annuity product activity in the market…

Chartis Expands Business Relationship with All Risks

February 22, 2012

The program provides general liability, professional liability, employment practices liability and other coverages specifically tailored to this industry…

Agencyport Software and Valen Technologies Partner to Deliver New Predictive Analytics Solutions to Insurance Industry

February 22, 2012

Agencyport Software, a leading provider of software and services to the global insurance and reinsurance industries, announced today that it has partnered with Valen Technologies, Inc. to provide Agencyport customers with an integrated predictive analytics solution. Agencyport Software, makes the business of insurance more efficient through…

Better Drivers Pay Less for Car Insurance With Pay As You Drive® Program from Progressive

February 22, 2012

Business travelers who park their cars at the airport several days a week. They’ re all less likely to be in an accident and can save money on their car insurance with Snapshot ®, Progressive’ s optional Pay As You Drive insurance discount program, a form of insurance also known generically as usage-based insurance. Drivers currently enrolled in the optional…

Swiss Re Appoints P&C Reinsurance Chief for Hong Kong and Taiwan

February 22, 2012

Global reinsurer Swiss Re appointed Anna Lee as head of property/casualty reinsurance for Hong Kong and Taiwan, with effect from March 1, 2012. Hong Kong- based Lee joined the reinsurer in 2003 and has been responsible for the company’s property/casualty treaty business and client relationships in Hong Kong and Taiwan, said Swiss Re. The Hong Kong and Taiwan…

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

February 22, 2012

The Company has two reportable segments, Visiting Nurse and Personal Care. Approximately 92% of the VN segment revenues are generated from the Medicare program while the balance is generated from Medicaid and private insurance programs. Approximately 81% of the PC segment revenues are generated from Medicaid and other government programs while the…

Hyatt Legal Plans, a MetLife Company, Finds Members’ Usage for Debt and Financial Matters More Than Doubled in Tough Economy

February 22, 2012

In fact, from 2007 to 2011, Hyatt Legal Plans, a MetLife company, has found that the number of legal services requested by plan participants for debt and financial matters more than doubled and requests for bankruptcy counsel increased nearly threefold…

ALLSTATE CORP – 10-K – Management’s Discussion and Analysis of Financial Condition and Results of Operations

February 22, 2012

Page Overview 27 2011 Highlights 27 Consolidated Net Income 28 Application of Critical Accounting Estimates 29 Property-Liability 2011 Highlights 41 Property-Liability Operations 42 Allstate Protection Segment 44 Discontinued Lines and Coverages Segment 57 Property-Liability Investment Results 57 Property-Liability Claims and Claims…

Peters, district settle lawsuit with parent [Pittsburgh Post-Gazette]

February 22, 2012

As part of the settlement, approved Friday by U.S. District Court Chief Magistrate Judge Lisa Pupo Lenihan, insurers for the township and district will pay Diane Wickstrom and her daughter, Marissa, a total of $63,500. The school board Monday night approved the settlement agreement by a 5-4 vote, with members Lori Cuervo, David Hvizdos, Lynn Erenberg and Cindy…

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