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Narragansett Bay Insurance Company Issues 100,000th Homeowner’s Policy

May 18, 2012

Narragansett Bay Insurance Company celebrated another milestone on May 14th, when Chief Executive Officer Nick Steffey congratulated Rogers& Gray Insurance for writing NBIC’ s 100,000th homeowner’ s policy. “Our relationship with Narragansett Bay Insurance Company has allowed Rogers& Gray agents to offer homeowners incomparable insurance coverage at a…

Wellmark moving Cedar Rapids operation to new downtown building [The Gazette, Cedar Rapids, Iowa]

May 17, 2012

Wellmark plans to move from the GreatAmerica building into the new quarters during the fourth quarter, spokeswoman Courtney Greene said. About 50 Wellmark employees work in customer service, health care provider relations and sales in the Cedar Rapids office. The new office building is outside the area that flooded during the record 2008 flood, but that is not…

Farmers market requiring insurance of vendors; many worry move will push away gardeners, hurt growth [Greeley Tribune, Colo.]

May 17, 2012

And for 20 years, such a variety of edibles from a wide array of producers could be found at the Greeley Farmers Market following harvests. Effective this weekend, the city of Greeley, which operates the local farmers market, is requiring vendors to carry a minimum of $600,000 in general liability and product liability insurance– a decision that comes less than a…

New Flood Maps Show Current Risks in Caldwell County, Texas

May 17, 2012

New Flood Maps Show Current Risks in Caldwell County, Texas. DENTON, Texas– Caldwell 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…

New Flood Maps Show Current Risks in Tom Green County, Texas

May 17, 2012

New Flood Maps Show Current Risks in Tom Green County, Texas. DENTON, Texas– Tom Green 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…

Sequenom says Coventry cancels test coverage

May 17, 2012

SAN DIEGO– Sequenom Inc. said Thursday that health insurer Coventry Health Care Inc. has changed its mind about covering the cost to patients for Sequenom’s MaterniT21 Down syndrome test. Coventry had agreed to cover MaterniT21, a maternal blood test that is designed to detect Down syndrome, along with other Sequenom tests starting July 1.

REINSURANCE GROUP OF AMERICA INC FILES (8-K) Disclosing Submission of Matters to a Vote of Security Holders

May 17, 2012

The annual meeting of shareholders of Reinsurance Group of America, Incorporated was held on May 16, 2012. 3. Proposal to ratify the appointment of Deloitte& Touche LLP as the Company’s. independent auditor for the fiscal year ending December 31, 2012.

XL Group plc Names Eileen Whelley as Executive Vice President, Chief Human Resources Officer

May 17, 2012

XL Group plc today announced the appointment of Eileen Whelley as Executive Vice President, Chief Human Resources Officer. “We’re thrilled to welcome Eileen to XL,” said Mr. McGavick. ” Mr. McGavick continued: “We are also sad to see Beth go.

Fitch Affirms Sun Life Financial Inc.’s Ratings; Outlook Negative

May 17, 2012

Fitch Ratings has affirmed the ratings of Sun Life Financial Inc. including all outstanding issues, as well as the Insurer Financial Strength ratings of SLF’s primary Canadian insurance subsidiaries at’ AA-‘ and its U.S. life insurance subsidiaries at’ A-‘. SLF reported operating net income of CAD727 million in the first quarter of 2012 as the company benefitted…

Akorbi Assists Healthcare Companies with Health Care Reform Compliance

May 17, 2012

DALLAS, May 17, 2012/ PRNewswire/– Akorbi Language Consulting, an ISO 9001, 8 a and WBE Certified Language Service provider, has announced they are currently working with companies to handle the quick translation and process development necessary to comply with requirements for Health Care Reform-related language needs, for Adverse Benefits Decision “ABD”,…

Mount Rushmore Drive man charged with trafficking [Richmond Register, Ky.]

May 17, 2012

May 17– RICHMOND– A call about a domestic disturbance Tuesday afternoon landed a Mount Rushmore Drive man in jail facing a drug charge, according to Richmond police report. Farthing was booked into the Madison County Detention Center under a $5,000 bond. A representative of Nationwide Insurance, Highland Parks Drive, reported at 9 a.m. that the business had been…

A.M. Best Affirms Ratings of Athene Annuity & Life Assurance Company and Its Subsidiary

May 17, 2012

A.M. Best Co. has affirmed the financial strength rating of B++ and issuer credit rating of“ bbb+” of Athene Annuity& Life Assurance Company, formerly Liberty Life Insurance Company. Concurrently, A.M. Best has affirmed the FSR of B++ and ICR of“ bbb+” of Athene Annuity’ s subsidiary, Investors Insurance Corporation. A.M. Best believes Athene Holding Ltd. has access to…

A.M. Best Assigns Ratings to Co-operative Life Limited

May 17, 2012

A.M. Best Co. has assigned a financial strength rating of B++ and issuer credit rating of“ bbb+” to Co-operative Life Limited. The assigned ratings reflect Co-op Life’ s supportive risk-adjusted capitalization, continued profit generation and its status as a member of The Co-operative Bank Limited group. Co-op Life distributes its products exclusively through…

A.M. Best Upgrades Ratings of Sublimity Insurance Company

May 17, 2012

A.M. Best Co. has upgraded the financial strength rating to A- from B++ and issuer credit rating to“ a-” from“ bbb+” of Sublimity Insurance Company. Concurrently, A.M. Best has affirmed the FSR of A- and ICR of“ a-” of United Heritage Life Insurance Company and the FSR of B++ and ICR of“ bbb” of United Heritage Property& Casualty Company. The upgrades reflect Sublimity’ s excellent…

New Flood Maps Show Current Risks in Benton County, Arkansas

May 17, 2012

DENTON, Texas– Benton County, Arkansas 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. A revision of the flood maps for Benton County, including Avoca, Bentonville, Cave Springs, Centerton,…

InsuranceNewsNet Video Wins Communicator Award

May 17, 2012

“I am honored that our video received this distinction award, but even more important is the attention this brings to the elephant in the room.”…

GEICO names Teresa Spina assistant vice president

May 17, 2012

Spina’ s earliest assignment with GEICO was as a liability attorney in the Queens office; she went on to lead a group of three attorneys handling personal injury protection cases. GEICO is a member of the Berkshire Hathaway family of companies and is the third-largest private passenger auto insurer in the United States. GEICO handles auto insurance coverage…

Mesirow Financial Launches FIRSTHR

May 17, 2012

Mesirow Financial Insurance Services, the nation’ s 23 rd largest insurance brokerage as ranked by Business Insurance, today announced the establishment of its new integrated human resources solutions model: Mesirow Financial FIRSTHR. “Mark Kmety and Brian Diedrich have crafted a suite of services aimed at automating and managing employment from pre-hire…

Wells Fargo Insurance Reaches $1 Million Milestone

May 17, 2012

Wells Fargo became the only broker to provide $1 million in grants to local fire departments and burn prevention organizations…

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