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Geico gets another $474K in tax breaks for Amherst expansion

September 23, 2016

Sept. 23– Directors of the Amherst Industrial Development Agency gave the green-light Friday morning to tax break packages for expansion projects by Amherst Alarm and insurance giant Geico Corp., despite concerns by at least two board members that the assistance might not be necessary for the latter. It already employs 2,700 in Amherst, exceeding its…

FDA Approves Amgen’s AMJEVITA™ (Adalimumab-Atto) For Treatment Of Seven Inflammatory Diseases

September 23, 2016

–Amgen today announced that the U.S. Food and Drug Administration has approved AMJEVITA™ across all eligible indications of the reference product, Humira ®. AMJEVITA is Amgen’s first biosimilar to receive regulatory approval. In addition, AMJEVITA holds the potential to offer patients with chronic inflammatory diseases an additional treatment option, “…

Driver identified in Unit 5 bus crash

September 23, 2016

Sept. 23– NORMAL– A 74- year old Normal man has been identified as the driver of a McLean County Unit 5 school bus involved in a three-vehicle crash last week at Veterans and Commerce parkways in Bloomington. Yahya Khalilallah was driving a bus for First Student carrying junior high and high school students on Sept. 13 when the bus rear-ended a utility trailer being…

Fitch Affirms New Mexico Educational Assistance Foundation, Series 2010-2

September 23, 2016

Fitch Ratings affirms the outstanding class A-2 and class A-3 senior notes of New Mexico Educational Assistance Foundation, Series 2010-2 at’ AAAsf’, Outlook Stable. U.S. Sovereign Risk: The trust collateral consists of Federal Family Education Loan Program loans, with guarantees provided by the transaction’s eligible guarantors and reinsurance provided…

Combined Insurance Encourages Consumers to Understand the Value of Life Insurance

September 23, 2016

–Combined Insurance, a leading provider of individual supplemental accident, disability, health and life insurance products, and a Chubb company, is encouraging consumers to educate themselves about the value of life insurance during Life Insurance Awareness Month. Doug Abercrombie, Chief Agency Officer at Combined Insurance said consumers should take…

TCO Appraisals Discusses Private Mortgage Insurance Removals and How They Help Save Money

September 23, 2016

Carlsbad, CA—- 09/23/2016– Homeowners who have built up equity in their homes often seek ways of reducing monthly mortgage payments. TCO Appraisals, a leading provider of property appraisal services in the San Diego County area of California, knows that to remove PMI from a property loan, homeowners can save money. “The process of removing PMI from a loan can take…

EquiSoft further expands its insurance and wealth offering with opening of India office

September 23, 2016

The company is also the only global specialized integrator for the Oracle Insurance Policy Administration solution, owing to its deep expertise in processes within new business, underwriting, compensation management, policy servicing and claims management. “We are increasingly being presented with business opportunities in the Asia-Pacific region,…

Evidence From Excluded Medical Sources of Evidence

September 23, 2016

EFFECTIVE DATE: These final rules will be effective on November 2, 2016. FOR FURTHER INFORMATION CONTACT: Dan O’Brien, Office of Disability Policy, Social Security Administration, 6401 Security Boulevard, Baltimore, Maryland 21235-6401, 597-1632. For information on eligibility or filing for benefits, call our national toll-free number, 1-800-772-1213, or…

Fitch Affirms IMSCI 2013-4; Removes 3 Classes from Rating Watch Negative

September 23, 2016

Fitch Ratings has affirmed eight classes of Institutional Mortgage Capital, commercial mortgage pass-through certificates series 2013-4. Additionally, the specially serviced asset along with the Fort McMurray hotel property in the pool did not sustain structural damage or loss from the recent Fort McMurray area wildfires. The pool balance has been…

Arch MI Announces New Integration with PathSoftware

September 23, 2016

Arch Mortgage Insurance Company, a leading provider of private mortgage insurance and a wholly owned subsidiary of Arch Capital Group Ltd., today announced completion of a new integration with PathSoftware™, a new highly structured, cloud-based mortgage loan origination software from CalyxSoftware ®. This integration will enable Arch MI’ s delegated…

BRIEF: Business consultant, marketplace navigator in Mobridge Sept. 29

September 23, 2016

Sept. 23– Carla Burns, certified marketplace navigator and business consultant with the Aberdeen Small Business Development Center, will be in Mobridge at 10 a.m. Sept. 29. She will be working in a space provided by Mobridge Economic Development, 205 E. Second St.. She can also meet with individuals, employers and employees to discuss and apply for health insurance…

Reminder: The Free Application for Federal Student Aid (FAFSA) Will Be Available on Saturday, Oct. 1

September 23, 2016

Reminder for families with students heading to college next year: Oct. 1, 2016, is the new release date for the Free Application for Federal Student Aid, the gateway to more than $150 billion in grants, work-study funds, and federal student loans. Sallie Mae, the nation’ s saving, planning, and paying for college company, has created an online library of tips, tools, and…

Driver data, fewer accidents

September 23, 2016

Motor vehicle accidents cost U.S. companies a staggering $47 billion annually, according to a 2015 study by the Network of Employers for Traffic Safety. While that number is eye-popping, what causes the majority of accidents in the U.S. is hardly a surprise. Distracted driving and speeding top the U.S. Department of Transportation’s list, not only for damage, but…

A.M. Best Affirms Credit Ratings of RLI Corp., RLI Insurance Co., Mt. Hawley Insurance Co. and Contractors Bonding and Insurance Co.

September 23, 2016

A.M. Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of“ aa” of the members of RLI Group: RLI Insurance Company, Contractors Bonding and Insurance Company and Mt. Hawley Insurance Company. In addition, A.M. Best has affirmed the Long-Term ICR of“ a” of RLI’ s publicly traded parent holding company, RLI Corp..

Graves Takes a Stand for Louisiana Flood Victims

September 23, 2016

Washington, DC- Congressman Garret Graves introduced a bill in the US House of Representatives today requiring the National Flood Insurance Program to provide a predictable and timely response for flood insurance policyholders after they file a claim. The legislation establishes a deadline for approval of claims made under NFIP and mandates the program…

Rep. Peter DeFazio Leads House Effort Supporting a Public Health Insurance Option

September 23, 2016

According to the Congressional Budget Office, the inclusion of a public option in the health insurance market would reduce premiums for consumers by as much as eight percent. Rep. DeFazio was a key supporter of the public option in 2010, during the debate over the Affordable Care Act. “The Affordable Care Act made a good start to address the many abuses inflicted…

Medicare Advantage rates shuffle but remain stable for 2017 in Pittsburgh region

September 23, 2016

Sept. 23– Medicare Advantage premiums will remain stable for 2017 in the counties surrounding Pittsburgh, with monthly costs of most plans rising or falling by less than $10, according to rates published Thursday by the Centers for Medicare& Medicaid Services. The local trend is in line with what’s happening nationally, where premiums for Medicare Advantage…

Quotacy CEO to Lead Expert Panel at Insurance Conference

September 23, 2016

Quotacy, an innovative online term life insurance agency, announced today that its founder and CEO, Jeremy Hallett, will be speaking at InsureTech Connect, an upcoming conference that promises unparalleled access to the largest and most comprehensive gathering of tech entrepreneurs, investors, builders, and forward thinking carriers.

Behavioral Health Home Plus Wins 2016 Recognition of Excellence in Wellness from Substance Abuse and Mental Health Services Administration’s (SAMHSA) Program to Achieve Wellness

September 23, 2016

–The Behavioral Health Alliance of Rural Pennsylvania and Community Care Behavioral Health Organization are pleased to announce that the Behavioral Health Home Plus model has been acknowledged by SAMHSA’s Program to Achieve Wellness for exemplary wellness efforts. BHARP supported this model for use in rural counties where access to primary health care…

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