Last year, FEMA warned the state that unless this changes it would lose its certification for the National Flood Insurance Program, which provides government-backed flood insurance for homeowners. FEMA warned the state would also be ineligible for many federal disaster-relief programs unless the law was changed. Jeffrey Guice, R- Ocean Springs, and Scott…
Newswires
COLUMBUS, Ohio, Feb. 22, 2012/ PRNewswire/– Professional Underwriting Group, Inc. and Demotech, Inc. are pleased to announce that insurers earning a Financial Stability Rating ® of A or better from Demotech are eligible for reasonably priced, comprehensive insurance agents& brokers professional liability insurance that includes coverage for insolvency to…
Feb. 22– When the state Department of Labor asked about 1,500 employers what benefits they offered in 2009, it found the recession pushing health insurance coverage for full-time workers even closer to extinction. The U.S. Department of Health and Human Services says the average annual family premium for small-business employees more than doubled in a…
Sam& Associates, an Allstate agency in San Francisco, has recently slashed rates on personal auto insurance. Anyone looking for great service at great rates on car insurance in San Francisco or Millbrae is encouraged to contact Sam& Associates to find out more. Our new lower prices on San Francisco auto insurance are extremely competitive, and come with a high…
CNP Assurances, the leading personal insurer in France, with operations in the rest of Europe and in South America, has announced its 2011 revenue and earnings. Firm business volumes in a difficult environment. CNP Assurances outperformed the Life and Pensions market in France and continued to enjoy strong momentum in Brazil. “In last year’s adverse…
For the fourth straight year, Kaiser Permanente in California continues to lead the way for clinical quality, having earned the most stars— a combined eight of a possible eight— for two ratings in the just-released Health Care Quality Report from the California Office of the Patient Advocate. In the nine-year history of the report, only Kaiser Permanente has…
The New Mexico Public Regulation Commission issued the following news release:. After receiving numerous complaints from consumers and insurance companies, the Public Regulation Commission’s Division of Insurance is warning the public about several roofing companies operating in the state as “public adjusters” without required licenses.
Insurance Commissioner Wayne Goodwin today announced that an insurance agent operating in Person County has pleaded guilty to six counts of misdemeanor larceny and was given a suspended sentence of 45 days in Person County Jail and 18 months of supervised probation. Robert Seymour Stockham III, 45, of 8225 Coosa Court, Raleigh, pleaded guilty in Person…
Feb. 22– Union workers at an eyeglasses plant owned by Highmark Inc. have returned to work after a four-week strike. Members of the United Optical Workers union Local 81408, who work in Newtown Square in suburban Philadelphia, agreed to a new contract with Davis Vision, a for-profit subsidiary of health insurer Highmark Inc.. During the strike, work from Davis…
h Carolina, South Carolina, Virginia, Texas, Florida, California February 21, 2012. Nort At Security America Mortgage, Inc. a Senior Financial Advisor, Brandon Jenkins, shared some helpful tips for retirement with retired military veterans, which in turn, enabled full understanding over the terms referred to as “Individual Retirement Account Plans”, how they can…
PNC Capital Markets LLC and SunTrust Robinson Humphrey Inc. acted as joint lead arrangers and joint book runners on the loan. PNC Bank N.A. served as administrative agent, and SunTrust Bank as syndication agent. TIAA-CREF Buys The Shops at Wisconsin Place for $113.3 M. New England Development sold The Shops at Wisconsin Place, the 118,000- sq.-ft. retail…
We operate as a diversified company in China, headquartered in Shenyang City. From April 2007 to April 2010 we developed a sales network across China for our businesses, excluding our small loan business which was set up in September 2010. During this time we established approximately 400 franchise stores, as well as branch offices in the Jilin and Heilongjiang…
ITASCA, Ill., Feb. 21, 2012/ PRNewswire/– Arthur J. Gallagher& Co. is pleased to announce that 12 of its retail property/casualty insurance brokers have been recognized today as Power Brokers™ by Risk& Insurance magazine. Risk& Insurance recognized Gallagher brokers in seven industry categories: William Willer; Teresa Koster and Nancy Sylvester; Brian Kingman and…
NAIC’s joint working group voted in favor of an initial approach about how AG 38 should apply to certain UL with secondary guarantee and term UL products…
As we noted earlier on page 3 of this Annual Report on Form 10- K, this Part II, Item 7, “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” and Part II, Item 7 A, “Quantitative and Qualitative Disclosures about Market Risk”, may contain forward-looking statements. Any such forward-looking statements are not historical facts but…
Net operating revenues for the three months ended December 31, 2011, totaled $3.4 billion, a 3.9 percent increase compared with $3.3 billion for the same period in 2010. Income from continuing operations was $55.6 million, including an after-tax charge of $42.0 million from the early extinguishment of debt, for the three months ended December 31, 2011,…
American International Group, Inc. today announced that Chartis, its global property casualty business, has placed its Claims and Operations and Systems organizations under a single management team to improve customer service, capitalize on the shared strategic initiatives of the two teams, and to drive improvement in Chartis’ loss ratio, a critical…
“The defendants conspired to reap the benefits of a scheme that defrauded insurance companies and lined their own pockets,” said the FBI Assistant Director in charge…
Park City, UT – February 21, 2012 – Insurance Insight Group, LLC, the leading marketing communications, training and strategic consulting…
