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A.M. Best Co. has affirmed the financial strength rating of A+ and issuer credit ratings of “aa-” of the life/ health subsidiaries of Torchmark Corp.. Concurrently, A.M. Best has affirmed the ICR of “a-” and all existing debt ratings of Torchmark. Additionally, A.M. Best notes the recent acquisition of Family Heritage Life Insurance Company of America, which also should…

People with disability, their families and carers came together in Gosford today to celebrate DisabilityCare Australia, the national disability insurance scheme, being rolled out across New South Wales. The Minister for Disability Reform, Jenny Macklin joined the Member for Robertson, Deb O’Neill at the Erina Centre to update local residents on the next…

Lockton has named risk management veterans Chip Manozzi and Eva Durkin as Senior Vice Presidents in Boston. The Lockton operations will have temporary quarters at 60 State Street, 7 th Floor, in Boston. Chip Manozzi, Senior Vice President at Lockton, has been an insurance advisor and broker for more than 30 years, most recently with Wells Fargo Insurance Services…

Rogers County commissioners are turning to their insurance company to recoup money they spent on a recently voided 1- cent sales tax election. Commissioners Kirt Thacker and Dan DeLozier approved a measure Monday to file a claim with Travelers Insurance. They agreed Thursday to set a new election for the 1- cent sales tax renewal for Aug. 13.

SterlingRisk announced yesterday that they have acquired a personal lines team specializing in the entertainment space based in White Plains, New York. Knowles joins SterlingRisk with over 23 years of Entertainment Specialty Insurance expertise, with the majority of clients in the personal lines sector. About SterlingRisk Founded in 1932, SterlingRisk…

NEW YORK— Shares of CardioNet Inc. surged Tuesday after the company said health insurer UnitedHealth will cover its heart monitoring devices. THE SPARK: CardioNet said all UnitedHealth Group Inc. plans will start covering its products July 1. CardioNet’s agreement with UnitedHealth starts on that day, and it applies to all UnitedHealth- affiliated…

John Hancock, a unit of Manulife Financial Corporation, today announced it has agreed to acquire Bellevue, Wash.- based Symetra Investment Services from Symetra Financial Corporation. Symetra Investment Services, Inc., a dual registered broker-dealer/investment advisor firm with approximately 280 registered representatives, would become affiliated…

AGENCY: Internal Revenue Service, Treasury. ADDRESSES: Send submissions to: CC: PA: LPD: PR, room 5203, Internal Revenue Service, PO Box 7604, Ben Franklin Station, Washington, DC 20044. Submissions may be hand-delivered Monday through Friday between the hours of 8 a.m. and 4 p.m. to CC: PA: LPD: PR, Courier’s Desk, Internal Revenue Service, 1111 Constitution Avenue, NW,…

Shares of Catamaran Corp. continued climbing Tuesday, as analysts lauded a new agreement the pharmacy benefits manager reached to work with health insurer Cigna Corp.. THE SPARK: Cigna, the fourth-largest U.S. health insurer based on enrollment, said Monday that it agreed to a 10- year partnership with the pharmacy benefits manager. Catamaran had worked with…

Sixteen Virginia“ Fraud Fighters” recently were recognized by the Virginia State Police Insurance Fraud Program during the Virginia Chapter of the International Association of Special Investigation Units Annual Fraud Seminar in Richmond. The recipients of the 2013 Fraud Fighters Award are:• SCC Bureau of Insurance Supervisor Juan Rodriquez and senior…

The Assist Group CEO, Robert C. Malone, commented ” The Assist Group’s years of experience, combined with extensive healthcare data, shows that pharmacy costs are one of the top expenses for payers and patients. Clients who work with Mirixa through The Assist Group will pay nothing unless the service is utilized by the patient. “We are very excited about our…

LONDON, June 11, 2013– Willis Group Holdings, the global risk adviser, insurance and reinsurance broker, today announced a new leadership team for its Aerospace business in the Americas to capitalise on significant growth opportunities in the region. Steve Kisor has been appointed President of Willis Aerospace in the Americas. Kisor was previously Executive…

The Information Systems Audit and Control Association issued the following news release:. ISACA, a global association serving 110,000 IT governance, assurance, risk and security professionals in 180 countries, announced its 2013-2014 Board of Directors at the INSIGHTS 2013 conference in Berlin today. Jeff Spivey, CRISC, CPP, president of Security Risk…

The National Fire Protection Association issued the following news release:. The National Fire Protection Association announced the re-election of officers and election of new members to the Board of Directors today at the 2013 NFPA Conference& Expo in Chicago, Illinois. Stittleburg has served as the fire chief in La Farge, Wis. since 1977, was awarded…

LIMRA issued the following news release:. A new LIMRA study shows that 95 percent of life insurance beneficiaries are “satisfied” overall with their claims experience, yet there is greater opportunity when they are “extremely satisfied.” “Life insurance companies are doing a very good job when it comes to paying claims,” said Jennifer Douglas, associate research…

The Information Systems Audit and Control Association issued the following news release:. ISACA, a global association serving 110,000 IT governance, assurance, risk and security professionals in 180 countries, announced its 2013-2014 Board of Directors at the INSIGHTS 2013 conference in Berlin today. Krysten McCabe, CISA, senior manager in the Assurance and…