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Hugger Mugger owners say they'll rebuild, reopen after fire

May 19, 2015

Manager Brad Cunningham smelled smoke and saw flames around 11:30 a.m. and realized the building was on fire. When Shenango Township firefighters arrived at the Ellwood Road restaurant, a back corner of the building was burning and smoke was rolling out. Fire departments from New Castle, Taylor Township, Princeton and South New Castle borough also responded…

Innovu Forms Advisory Council of Healthcare, Insurance and Business Executives

May 19, 2015

–Today Innovu, which empowers employers and their business advisors by integrating silos of employee benefits data to make informed decisions about their benefits portfolio, announced the formation of its Advisory Council. The Innovu Advisory Council is chaired by Ned Laubacher, an expert in health analytics and innovative models of care.

Medica to sell insurance in Nebraska, touting access to Mayo

May 19, 2015

May 18– Expansion plans at Minnetonka- based Medica now include Nebraska, too. Last week, Medica said it would compete in Iowa starting later this year, going up against Minnetonka- based UnitedHealthcare on Iowa's health insurance exchange. As is true in Iowa, Medica will tout the access it provides to the Rochester- based Mayo Clinic for certain serious diagnoses.

The Hanover Insurance Group, Inc. Declares Quarterly Dividend Of $0.41 Per Common Share

May 19, 2015

–The Hanover Insurance Group, Inc. announced today that its board of directors declared a quarterly dividend of $0.41 per share on the issued and outstanding common stock of the company, payable June 26, 2015, to shareholders of record at the close of business on June 12, 2015. About The Hanover The Hanover Insurance Group, Inc., based in Worcester, Mass. is the…

Spice of India owner found guilty of arson, insurance fraud

May 19, 2015

May 19– YOUNGSTOWN– The owner of a Market Street restaurant in Boardman that prosecutors say purposely was set on fire pleaded no contest Monday to charges of arson and insurance fraud in Mahoning County Common Pleas Court. Visiting Judge Thomas Pokorny found Rajendra Ingle, 42, of Streetsboro, guilty on both charges and set a sentencing date of July 20.

HEALTHY DEFENSE

May 19, 2015

James Saxton remembers his days as a defense attorney for Stevens& Lee PC's Lancaster office, when he looked across the courtroom and saw familiar lawyer faces on the plaintiff's side. But an unintended consequence of the state's medical malpractice reforms, he said, has left the Central Pennsylvania market open to well-funded lawyers from some of the biggest…

USI Insurance Services Acquires Personal Risk Services Business from BBVA Compass Insurance Agency

May 19, 2015

USI Insurance Services announced that it has acquired the personal risk services business of BBVA Compass Insurance Agency, Inc. These accounts are defined as homeowner, automobile, umbrella and other recreational policies and will be combined into the USI Phoenix operations. This acquisition further strengthens USI's presence as a leading middle…

Health Care Costs Climb To $24,671 For Typical Family In 2015

May 19, 2015

The employer pays $14,198 of this and the employee— through payroll deductions and cost sharing at the time of service— pays $10,473. Of this year's total $1,456 increase, $467 was a result of prescription drugs, a 13.6% increase after a five-year period in which prescription drug costs averaged annual increases of 6.8%. “For the last several years we've noted…

Reliance Standard Life Insurance Company Licenses FAST as Strategic Annuity Platform

May 19, 2015

FAST announced today that Reliance Standard Life Insurance Company has licensed FAST Insurance Components to serve as the core system for new business, policy administration and distribution management for its thriving annuity business. About Reliance Standard Life Insurance Company. Reliance Standard Life Insurance Company is a leading insurance…

CollaborateMD Helps Medical Practices Gain Traction Against Growing Patient Receivables

May 19, 2015

–CollaborateMD, one of the first providers of easy and affordable cloud based revenue cycle management software, announced today the availability of integrated credit card processing and a patient payment portal to assist medical offices in lowering patient receivables. CollaborateMD surveyed hundreds of their own users and determined that medical…

FINEOS Sees Strong Uptake for Version 8

May 19, 2015

FINEOS Corporation, a market leading provider of core processing systems for Life, Accident and Health insurance, has announced strong customer uptake for its latest version of FINEOS. Commenting on this development, Jamie Macgregor, Senior Vice President for Celent’ s Insurance practice, said,“ Celent is pleased to see the industry bringing their key…

Natixis adopts RiskFirst’s risk management platform PFaroe

May 19, 2015

Global investment bank Natixis has become the latest to adopt RiskFirst’ s real-time analytics and reporting platform, PFaroe. Richard Ratcliffe, Executive Director of Corporate Solutions at Natixis, says:“ PFaroe has provided our global team with another layer of analysis for our growing corporate solutions team. Matthew Seymour, Managing Director,…

Charles Schwab Lowers Fees in Schwab 529 College Savings Plan

May 19, 2015

Charles Schwab today announced that it is reducing fees in the Schwab 529 College Savings Plan effective July 17, 2015. “Costs can have a significant impact on long term investment performance, which is why Schwab is committed to keeping costs low for investors,” said Doug Hanson, Charles Schwab Vice President, Asset Management Client Solutions.“ Our new 529…

Haven Life Redefines How Consumers Buy Term Life Insurance, Launches First Streamlined Online Solution

May 19, 2015

“It is so frustrating that you can buy everything from your car insurance to tonight's dinner seamlessly online, but you can't do the same when it comes to term life insurance,” said Yaron Ben-Zvi, co-founder and CEO, Haven Life. Haven Life is backed and wholly owned by MassMutual,** a more than 150- year-old life insurer. The Haven Term policy is available initially in…

Two arrests made in February Inland Marina fire

May 19, 2015

May 18– The owner of a boat that caught fire in February at Inland Marina and another suspect charged in the incident are longtime friends who allegedly burned down the 66- foot house boat for insurance money, authorities said Monday. Boat owner William H. Marver, 56, of Evansville, and Brenda M. Harris, 48, of Hatfield, Indiana, are accused in the fire that caused at…

Pitbladdo Holdings Announces Commission Acceleration Corporation

May 19, 2015

–Pitbladdo Holdings announced today the launch of Commission Acceleration Corporation. According to Pitbladdo Holdings founder Richard Pitbladdo, “Our team is in position to provide superior value to agents and agencies. CAC replaces another Pitbladdo Holdings portfolio company, LTC Global, as its primary vehicle for commission acquisition.

Lincoln Financial Group Launches New IUL

May 19, 2015

Lincoln Financial Group has introduced the newest addition to its suite of Indexed Universal Life insurance products, Lincoln WealthAdvantage SM Indexed Universal Life. The new offering provides advisors flexibility in how they help clients achieve specific goals related to wealth protection and legacy planning, tax efficient income or business needs.

Sources Sought Notice – Q– CONSULTATION/TESTING SERVICES FOR MUSCLE BIOPSIES AND DERMATOPATHOLOGY TO INCLUDE ASSOCIATED SERVICES TO COMPLETE CONSULTATIONS TO SUPPORT PROVIDENCE, RI VETERANS AFFAIRS MEDICAL CENTER

May 19, 2015

Sources Sought Notice- Q– CONSULTATION/TESTING SERVICES FOR MUSCLE BIOPSIES AND DERMATOPATHOLOGY TO INCLUDE ASSOCIATED SERVICES TO COMPLETE CONSULTATIONS TO SUPPORT PROVIDENCE, RI VETERANS AFFAIRS MEDICAL CENTER. Office Address: Department of Veterans Affairs; VA Boston Healthcare System; Contracting Officer; 940 Belmont Street; Brockton MA 02301.

Orchid Underwriters Appoints Lynda Butler As CFO

May 19, 2015

As CFO, Ms. Butler will be responsible for all accounting and financial functions within Orchid, and will be a key interface with the company’ s majority owner, Gryphon Investors. Ms. Butler comes to Orchid from Nationwide Insurance, where she has worked since 1993, most recently as Chief Financial Officer/Vice President– Nationwide Insurance Brand Property and…

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