The following is being released by Structured Settlement Institute:. A lawsuit in Texas has accused Transamerica Life Insurance Company of violating Texas law exempting annuity benefits, reports the Structured Settlement Institute. “Longstanding Texas Insurance Code Section 1108.051 makes annuity benefits exempt from attempts by creditors to seize…
Newswires
ALBANY, N.Y.– Premiums for so-called force-placed insurance have more than tripled since 2004, producing enormous profits for insurers and the banks that take out policies when a homeowner fails to maintain coverage required by the mortgage, according to New York regulators. In some cases, the premiums are “exponentially higher” than regular homeowners…
May 18– Veterans advocates are welcoming the VA Medical Center’s plan for a 250,000- square-foot building to house outpatient services. Veterans Affairs officials hope the new Health Care Center, planned for Old Raeford Road, will ease the stress put on the medical center’s aging Ramsey Street campus by the continued rise in the number of veterans it serves.
May 18– ROCHESTER– Dover Middle School student Ahna McCusker, 12, loves to run because she says it makes her feel powerful. Rochester resident and Dover native Christine Skidd, 38, was diagnosed with brain cancer in 2007 and believed she had beat the disease completely following years of chemotherapy treatments. But, after a seizure at a family party recently, she…
On May 14, 2012, Robert Lee Skaggs, 58, and Jo Anne Skaggs, 54, both of Tucson, Ariz., were sentenced by U.S. Robert Lee Skaggs was also ordered to pay $371,864.10 to the Internal Revenue Service for employee tax liabilities. Thanks to the hard work of the Social Security Administration and Internal Revenue Service investigators, these defendants have been held…
May 18– Lake- Lehman teachers and support staff unions fired back against the school board this week for changing their health insurance without their permission. The district will instead purchase health insurance through Britt Trumbower of Bear Creek- based Small Business Insurance Services Inc.. On Tuesday, the Lake-Lehman Education Association and the…
Office Address: Department of the Army; Army Contracting Command; ACC-APG- Aberdeen Division B; ACC-APG- Aberdeen Division B, HQ CECOM CONTRACTING CENTER, 6001 COMBAT DRIVE, ABERDEEN PROVING GROU, MD 21005-1846. Contact: Catherine Blount, 443-861-8020 mailto: [email protected]. Description: Department of the Army.
Chairman Conaway, Ranking Member Boswell, and Members of the Subcommittee, thank you for inviting crop insurance companies to appear at today’s hearing to discuss farm policy and the importance of crop insurance as agriculture’s fundamental risk management tool. I am President of the Crop Insurance Division at Great American Insurance Company located in…
Testimony by Brian McSherry, President, McSherry Agency, Inc., Flanagan, Illinois; on behalf of the Independent Insurance Agents and Brokers of America. The Big I is the nation’s oldest and largest national trade association of independent insurance agents and brokers, and we represent a nationwide network of more than a quarter million agents, brokers and…
Chairman Conaway, Ranking Member Boswell and Members of the Committee, thank you for the opportunity to address you today. I’m Erik Younggren, a fourth-generation wheat farmer from Hallock, Minn. I work with two of my cousins on our family’s farm and have been an active part of the farm’s management for 17 years. I am also currently serving as president of the…
May 18– CONCORD– The House Thursday without debate approved a bill to set parameters for how risk management pools, such as the Local Government Center, Primex and SchoolCare, may operate. The reforms passed today will require disclosure and return of surplus monies to members annually, “said House Speaker William O’Brien.” That provision of the bill would not go…
The Independent Insurance Agents& Brokers of America today testified in a hearing before the U.S. House Committee on Agriculture Subcommittee on General Farm Commodities and Risk Management titled, “Formulation of the 2012 Farm Bill: Commodity Programs and Crop Insurance.” Brian McSherry, an independent agent from Illinois and Big “I” Crop Insurance Task Force…
May 18– MILLBURY– Robert W. Newell, a longtime insurance claims investigator who as a state trooper received the Ohio Highway Patrol’s highest award, died Wednesday in Hospice of Northwest Ohio, Perrysburg Township. He had congestive heart failure, kidney failure, and diabetes, his wife, Janis, said. Mr. Newell of Millbury retired in 1993 from Western Reserve and…
GEICO has made it a lot easier for cycle enthusiasts to shop for insurance with GEICO Mobile Cycle. “Mobile technology has dramatically changed how consumers interact with businesses,” said David Weaver, GEICO director for programming analysis.“ GEICO Mobile Cycle adds the convenience of purchasing cycle insurance on your smartphone whenever you want.”.
The Albany- based credit union provided a $7.26 million loan package to the group of sophisticated real estate investors that also built The Paddocks at Saratoga, a high-end apartment complex in Wilton. The group– Adelphi Hotel Partners LLC– includes Toby Milde, managing director of Capital District Properties, and his father, Simon Milde, a real estate…
It launched the initiative after rate-regulation legislation, sponsored by Consumer Watchdog and Insurance Commissioner Dave Jones, stalled last year. There is a subtext to that clash– a very nasty personal feud that pits Consumer Watchdog founder Harvey Rosenfield against critics who are, surprisingly, mostly liberal Democrats. Gray Davis and former…
May 18– SELAH– After three hours in interviews and a half-hour executive session, the Selah City Council on Thursday unanimously confirmed David Kelly of Friday Harbor as its new city administrator. Kelly, 48, has worked for San Juan County for nearly two years dealing with finances, union negotiations and risk management for the island area of 16,000 residents.
Gloucester, England 18 May 2012. The guide comes in response to a survey carried out by Ecclesiastical in late 2011 which found that 26% of the charities questioned were considering consolidating or merging with another charity in the next few years, 23% said they had already restructured, 18% said they were setting up a new social enterprise and 9% were…
Crum& Forster announced that Steve Fomchenko has joined the company as Senior Vice President of Property. According to a release on May 15, Crum& Forster’s property operation currently consists of E&S/Custom Property and Inland Marine business written through its Seneca Insurance subsidiary, plus property business that was previously written by Crum&…
