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John Hancock Launches New International Growth Equity Fund

January 14, 2013

John Hancock Funds has completed the adoption of the Turner International Growth Fund and has launched it as the newly established John Hancock International Growth Equity Fund. The reorganization became effective after the close of business on January 11, 2013, and the John Hancock International Growth Equity Fund is now available for sale to retail…

Aflac Incorporated Hires Lori M. Evangel as Managing Director; Chief Risk Officer of Global Investment Division

January 14, 2013

Aflac Incorporated announced today that it has hired Lori M. Evangel to the newly created position of managing director; global chief risk officer in Aflac’ s Global Investment Division. Evangel, who joins Aflac today, is based in the Aflac Global Investments office in New York and reports to Executive Vice President; Global Chief Investment Officer Eric M….

Wayne Insurance Group [Daily Record, The (Wooster, OH)]

January 14, 2013

The Wayne Insurance Group has been helping people recover from unintended losses, catastrophes and disasters for more than 100 years, and it is this year’s Wooster Area Chamber of Commerce’s Business of the Year. The company emerged from an idea of two men back in 1908. When the company turned 50 years old, A. Louise McCoy, a director, said it emerged from the idea of…

TIS Nashville Launches New Unladen Liability Truck Insurance Coverage For Owner Operators

January 14, 2013

Nashville, TN; 1/ 11/ 13- TIS Nashville has provided insurance to the trucking industry for over 35 years. Now in addition to providing non-trucking liability they will also offer true Bobtail and Deadhead/Unladen Insurance forms for owner operators through an independent insurance agency network nationwide. This new Unladen Liability Insurance is being…

Four Additional Defendants Plead Guilty in Connection with the Long Island Railroad Disability Fraud Scheme

January 14, 2013

Southern District of New York 637-2600. Preet Bharara, the United States Attorney for the Southern District of New York, announced today that MARIA Rusin, the office manager of Dr. Peter J. Ajemian’s medical practice; Gregory Noone, a former Long Island Railroad manager of engineering operations; Daniel Denis, a former LIRR ticket agent; and Regina Walsh, a former…

Security Benefit Introduces Foundations Annuity [Professional Services Close – Up]

January 14, 2013

Security Benefit Corp., a provider of retirement savings and income vehicles for America’s pre- and post-retirees, introduced Foundations Annuity, a next-generation fixed indexed annuity. “In this market environment, where future risks to retirees’ already damaged capital are as great as they have ever been, FIAs may be a compelling choice,” said Doug Wolff,…

Working Mother Media Names MassMutual a Best Place to Work and Awards VP Rawson [Professional Services Close – Up]

January 14, 2013

Working Mother Media has named Massachusetts Mutual Life Insurance Company as a 2012 Working Mother 100 Best Company, and also recognized employee Ellen Rawson, Vice President and Senior Counsel at MassMutual, as one of this year’s Working Mothers of the Year for representing the best in working motherhood. According to a release, for the 12th year, MassMutual…

A.M. Best Places Ratings of First Nonprofit Insurance Company Under Review With Positive Implications [Health & Beauty Close – Up]

January 14, 2013

A.M. Best Co. has placed under review with positive implications the financial strength rating of A- and issuer credit rating of a- of First Nonprofit Insurance Company. A.M. Best said the under review status follows the announcement that FNIC has entered into a definitive agreement under which it will become part of the AmTrust Financial Services, Inc. group.

NAACP leader: Expand Medicaid in Alabama [The Anniston Star, Ala.]

January 13, 2013

Activists from NAACP chapters across the state gathered for a rally in downtown Montgomery to protest Bentley’s decision not to expand the state’s Medicaid program or set up a state health care exchange. Medicaid is a joint state-and-federal program that provides health insurance to many low-income people, including children and people with…

Health-Briefs TV Show Announces Claim Recovery and Reimbursement Special in January

January 13, 2013

Given the complexity of rules, options, and requirements, handling a health insurance claim may be one of the most stressful and frustrating experiences one could imagine. The Health-Briefs television program brings new and enlightening information to the audience in a special segment titled Claim Recovery and Reimbursement to air in the new year.

What happened when HCSC gobbled up Blue Cross plans in other states? [The Montana Standard, Butte]

January 13, 2013

Jan. 13– HELENA– Ten years ago, the Illinois- based health insurance giant planning to buy Montana’s Blue Cross plan did the same in New Mexico, and that state’s top insurance official says things have turned out fairly well there for Blue Cross. HCSC, headquartered in Chicago, has agreed to buy Blue Cross and Blue Shield of Montana, making it part of the company’s “…

State ramps up review of proposed Blue Cross merger with health insurance giant [The Montana Standard, Butte]

January 13, 2013

State Auditor Monica Lindeen, who regulates insurance in Montana, also wants to expand the review process, giving the 270,000 Montana customers of Blue Cross some say in the matter. Blue Cross, the largest private health insurer in Montana, announced last year it plans to merge with Health Care Service Corp., headquartered in Chicago. HCSC, a coalition of Blue…

Governor appoints Faircloth to special commission [The Valdosta Daily Times, Ga.]

January 12, 2013

Jan. 12– VALDOSTA– J. Myron Faircloth, a faculty member at Valdosta State University and doctor of rural family medicine for G&G Family Medicine, was recently appointed to a special commission by Georgia Governor Nathan Deal. The Special Advisory Commission on Mandated Health Insurance Benefits, authored into law by Georgia District 8 Senator Tim Golden via…

Police doubt sex assault claim [The Wilson Daily Times, N.C.]

January 12, 2013

But Bonnie Smith says she’ll always carry the scars of her sexual assault. The Wilson insurance agent turned to police for help, but detectives doubt her story. “This is a warning to the residents of the city of Wilson that if you’re a victim, you’ve got to think twice before you call the police,” Smith said. “

Richard Porter’s life story [Jackson Advocate]

January 12, 2013

Porter, owner of Porter’s Insurance Agency, Inc. in Jackson, died Friday, Nov. 25, of colon cancer. No one specifically called Richard Porter a “philanthropist extraordinaire”. Few, if any, knew Richard Porter longer, better, or admired him more than George Smith. “

UnitedHealth to hire more than 200 for Springs call center [The Gazette (Colorado Springs, Colo.)]

January 12, 2013

Jan. 12– A unit of health insurance giant UnitedHealth Group plans to hire more than 200 by April 1 for a call center it plans to open this month in northern Colorado Springs to handle enrollment, medical referrals and answer questions for Tricare beneficiaries in 21 Western states. The Minneapolis- based company already employs 26 working from their homes or…

Chief Financial Officer Jeff Atwater Encourages Floridians to Search $25 Million in New Unclaimed Property Accounts

January 12, 2013

The Florida Department of Financial Services issued the following news release:. Florida Chief Financial Officer Jeff Atwater today announced 61,271 new unclaimed property accounts, worth more than $25 million, are being received as part of a settlement with AIG related to unclaimed life insurance benefits. The practice addressed in the settlement…

Dudley Man, Holden Doctor Sentenced in Connection with Insurance Fraud Scheme

January 12, 2013

A Dudley man and Holden doctor have been sentenced on charges they schemed to commit insurance fraud and submitted false health care claims while operating a medical facility, Attorney General Martha Coakley announced today. Alan Perl, 67, of Dudley, pleaded guilty to charges of Insurance Fraud, Larceny Over $250, Filing False Health Care Claim, Larceny Under…

Act soon, save cash, consultant urges W-B [The Times Leader, Wilkes-Barre, Pa.]

January 12, 2013

Council members on Thursday night heard from Robert Fountain, who said his company, IDM Consulting Services, could save $321,216 in health care costs for employees not yet eligible for Medicare. If the city makes a decision by early next month, he said, the process could begin by March 1 to coincide with the rates for Blue Cross. I’m using alternate plans that Blue…

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