HOUSTON, March 21, 2012– HCC Insurance Holdings, Inc. today announced that William N. Burke was appointed to serve as Executive Vice President and Chief Operating Officer of HCC effective March 24, 2012. In addition, HCC announced that it expects Mr. Burke will be appointed to serve as President on or before May 31, 2013. As previously announced, HCC’s succession…
Newswires
The rating action reflects Fitch’s assessment of the credit quality of the various counterparties and enhancement providers, including the gas purchasing utilities- the City of Batesville, the Town of Lapel, and Citizens Gas- all of which are unrated by Fitch. MULTIPLE GAS PURCHASERS: Gas is purchased by the three participants, the City of Batesville, the Town of…
PORTLAND, Ore., March 21, 2012/ PRNewswire/– Woodruff-Sawyer& Co. announced today that its Oregon office has reached its 10- year anniversary. In 2011, Woodruff-Sawyer acquired Jennings Insurance Agency, a leader in personal lines insurance. “We’re very excited to celebrate 10 years of service to the Oregon and Northwest business community,” said Mike Bennison,…
The LIHP is made possible by the Affordable Care Act’s Medi-Cal expansion and the state’s waiver between the state and federal government. In San Bernardino County it is called ArrowCare, which the county very recently implemented on January 1. According to Ron Boatman, Arrowhead Regional Medical Center assistant hospital administrator, ArrowCare expands…
The American College of Trust and Estate Counsel, a prestigious association of highly-credentialed trust and estate lawyers peer-elected to membership, announced the 2012-2013 board and new fellows inaugurated during its annual meeting in Miami Beach, Florida. The 2012-2013 officers will be chaired by President, Louis A. Mezzullo, a Partner with McKenna…
“Kaiser Permanente continues to be the leader in customer loyalty in the health insurance sector,” said Deborah Eastman, general manager of business consulting at Satmetrix. ” “We are very pleased to be recognized again this year by consumers across the country,” said Arthur M. Southam, MD, executive vice president, Health Plan Operations, for Kaiser Permanente. “
SUMMARY: The NCUA Board is amending the sections of NCUA’s regulations addressing nondiscrimination requirements, flood insurance and the description of NCUA to make minor, nonsubstantive technical corrections. EFFECTIVE DATE: This rule is effective March 21, 2012. FOR FURTHER INFORMATION CONTACT: Lance Noggle, Staff Attorney, Office of General Counsel,…
CHICAGO, March 21, 2012/ PRNewswire/– Business Insurance magazine recently recognized Aon Risk Solutions, the global risk management business of Aon Corporation, with a 2012 Innovation Award for the Aon Risk Maturity Index, a proprietary online tool created to empower risk and finance leaders to assess the level of development and implementation of their…
Workers become insured under the SSDI program based on contributions to the Social Security trust funds through taxes on their wages and self-employment income. Under the Act, most SSDI beneficiaries receive Medicare after being entitled to cash benefits for 24 months. Last fiscal year, our programs provided an average of about 15 million beneficiaries…
I am pleased to be here today to discuss our preliminary observations on efforts by the Social Security Administration to modernize its disability criteria. In the last 20 years, SSA disability benefit payments to beneficiaries and their dependents have increased almost fivefold, from $35 billion in 1990 to over $164 billion in 2010. The number of…
Chairman Kingston, Ranking Member Farr and members of the Subcommittee, I am pleased to discuss the fiscal year 2013 Budget for the Risk Management Agency. The Federal Crop Insurance Program is an integral part of the farm safety net. RMA works daily to validate the utility of current insurance products- making certain we have the best protection possible for…
A.M. Best Co. has assigned a debt rating of“ a+” to the recently issued CHF 320 million 7.25% perpetual subordinated notes with a stock settlement issued by Swiss Reinsurance Company Ltd. The assigned outlook is stable. The notes have no final maturity date, and Swiss Re may redeem the notes for stock in whole, but not in part, together with any accrued or unpaid…
Transamerica Brokerage has promoted Michael Babikian to executive vice president. Michael Babikian, Executive Vice President at Transamerica Brokerage. “Since joining our company nine years ago, Michael Babikian has repeatedly proven to be an incredible asset to our company, general agencies, life insurance producers and, most importantly, our customers,”…
Arthur J. Gallagher& Co. announced the acquisition of Human Resource Management Systems, LLC. in Naperville, Illinois. Established in 1997, Human Resource Management Systems, LLC. is an employee benefit insurance broker that offers a full range of group employee benefit products and consulting services to their clients throughout the United States.
According to the authors of a study from Goyang, South Korea, “We describe a case of a c.4825G> A (p.Gly1609Arg) missense mutation in the gene encoding von Willebrand factor in a Korean patient with von Willebrand disease type 2 A. The proband is a 37- year-old female who suffers from dysmenorrhea and menorrhagia.” Genetic analyses showed that she and her three family…
In BestWeek Europe, the fast-growing markets in the Middle East, Africa and South and Central Asia are attracting insurance players from across Europe to economies with low insurance penetration and in some countries promising demographics. Best Europe is among those with a keen interest in the region, and coinciding with a major insurance conference in…
UnitedHealthcare International, a UnitedHealth Group company, is offering international insurance coverage to employers with employees in the Middle East through a new strategic alliance with Dubai- based Al Sagr National Insurance Co. This new alliance will provide local insurance coverage and services for UnitedHealthcare’s Global Solutions…
In this role, Erman will oversee actuarial activities for ERIE’ s Life and Annuity lines. Erman joins ERIE from Genworth Financial, where he was responsible for capital markets and reinsurance transactions for Genworth’s Life, Annuity and Long-Term Care businesses. He joins ERIE from Liberty Mutual, where he was responsible for workers’ compensation…
Harpers Ferry, WV March 21, 2012. This package offers five of our most popular courses for just $100. Property adjuster Rami G., from St. Louis Missouri, recently took the Claim File components and had this to say,“ I was afraid that the affordability of this course would mean that I wasn’t going to get what I needed but it was direct, specific, and very helpful.”.
