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Unhappy discovery: You aren’t covered [The Free Lance-Star, Fredericksburg, Va.]

June 17, 2012

June 17– Last year’s earthquake and its aftershocks did more than rock the Fredericksburg region. The cost for this normally runs from $1,500 to $3,000, but the price tag can be considerably higher if a road has to be ripped up or trees removed to get to the source of the leak, according to Dominion Virginia Power. Sewer backups or the inability of sump pumps to handle…

Treasurer Pearce Announces Unclaimed Property Receipts at $57 Million

June 17, 2012

MONTPELIER, Vt., June 11– The Vermont State Treasurer issued the following news release:. Vermont State Treasurer Beth Pearce announced today that more than $8 million in new unclaimed financial property has been received by the State Treasurer’s Office since the fiscal year began July 1. “Since we first announced the receipt of funds, previously unreported from…

J. David Briggs [Gazette, The (CO)]

June 16, 2012

Dave was born in Rome, NY to Helen Elizabeth Briggs and James Leonard Briggs. He was the oldest of 4 brothers, leaving behind Tom, Kevin and Peter Briggs. Dave was the adoring husband of wife Ann and doting father of children Courtney, Michael and Caroline, and the proudest grandfather to Braiden.

California Treatment Advocacy Foundation Unveils Legal Referral Service to Assist Those Denied Substance Abuse Treatment [Professional Services Close – Up]

June 16, 2012

California Treatment Advocacy Foundation, a not-for- profit organization dedicated to improving access to chemical dependency treatment throughout the state of California, announced it has launched a program for California residents who have been improperly denied substance abuse treatment by their insurance company. According to a release, the…

A.M. Best Values Southern Pioneer Property & Casualty Insurance [Manufacturing Close – Up]

June 16, 2012

A.M. Best Co. has affirmed the financial strength rating of B++ and the issuer credit rating of “bbb+” of Southern Pioneer Property& Casualty Insurance Company. According to a release on June 12, the outlook for the FSR is stable, while the outlook for the ICR has been revised to negative from stable. A.M. Best Company is an insurance rating and information source.

The Caisse Increases Investment in SSQ, Life Insurance Company [Manufacturing Close – Up]

June 16, 2012

“The Caisse de depot et placement du Quebec’s investment will enable us to continue to grow and deliver on our strategic priorities: SSQ Financial Group will therefore be able to strengthen its position as a major player in the Canadian insurance and financial services arena,” said Rene Hamel, Chief Executive Officer of SSQ Financial Group.

Full-time dads find welcome company in Triangle group [The News & Observer, Raleigh, N.C.]

June 16, 2012

June 17– Stay-at-home dad James Kline felt alone in a parental world where social groups seemed to be catered mostly to mothers. “It truly provides a social and educational outlet for both me and Tyler,” said Kline, 37, who lives in Apex. ” When Kline joined the group in February 2011, only a couple of fathers would come to the playgroups, and Cary resident Austin Dowd, 28,…

How Long Should An Individual At Full Retirement Age Delay Receiving Social Security Benefits? [Journal of Applied Business Research]

June 16, 2012

An important topic for many individuals approaching 66 in 2011 is whether to start social security benefits at full retirement age or to delay the benefits in order to gain greater payouts in the future. In 2009, the bonus for delaying the start of benefits rose to about 8% per year. By delaying benefits for four years, it is possible to increase benefits by 38 to 55…

Meicare Beneficiaries Receive Free Preventive Services

June 16, 2012

Idaho Medicare beneficiaries are taking advantage of free preventive services provided by the Affordable Care Act. During the first five months of 2012, 50,975 people in Idaho with original Medicare received at least one preventive service. The Department’s Senior Health Insurance Benefits Advisors office provides free and unbiased information,…

Insurance Commissioner Dave Jones Announces ‘Death Master File’ Settlement Payment from Prudential Insurance Company

June 16, 2012

The California Department of Insurance issued the following news release:. Insurance Commissioner Dave Jones today announced that he has deposited into California’s General Fund California’s share of a $17 million multi-state settlement agreement with Prudential Life Insurance Company Group. The settlement agreement requires Prudential regularly…

Nine Out of Ten Seniors Satisfied with Their Medigap Coverage

June 16, 2012

Medicare supplement insurance is private health insurance designed to supplement Medicare. It offers coverage, at varying levels, for the significant out-of-pocket costs that are not covered by Medicare, such as deductibles, coinsurance, and copayments. Medigap coverage allows seniors and younger Medicare enrollees with disabilities- many of whom are on…

Deal Announces State Farm Insurance will Bring 500 Jobs to Georgia

June 16, 2012

In Georgia, State Farm will find a progressive business infrastructure, along with a highly skilled workforce, that will allow for continued success when it comes to providing the highest levels of customer service to their policyholders. ” While some existing State Farm employees will work at the new facility- it will be staffed by predominantly new hires.

WellPoint settles with former Anthem policyholders for $90 million [The Indianapolis Star]

June 16, 2012

June 16– In an eleventh-hour settlement of a class-action lawsuit that was set for trial Monday, health insurer WellPoint has agreed to pay $90 million to more than 700,000 former Anthem policyholders. Indianapolis- based WellPoint, the nation’s largest health insurer, didn’t admit any wrongdoing as part of the settlement. Anthem Inc. in U.S. District Court in…

TexasContractorsInsurance.net Releases Comprehensive Resource on Contractors Insurance

June 16, 2012

With the launch of TexasContractorsInsurance.net there is now a website for Texas General Contractors, Electricians, Carpenters, Painters, Roofers, and Commercial Contractors to go for resources and information about Texas Contractors Insurance. Texas Workers Compensation Insurance, Texas General Liability Insurance, and Texas Contractor Bonds are…

Hiscox: Despite Gloomy Economy, Britons Still Looking Forward to Travel [Manufacturing Close – Up]

June 16, 2012

Despite the gloomy economic outlook, Britons are still looking forward to their holidays with the majority planning to take a holiday this summer, according to a new survey on holiday habits carried out by specialist travel insurance provider Hiscox. The survey found that it is no longer personal recommendations from family and friends that travellers turn…

Fitch Expects to Rate MMAF Equipment Finance LLC 2012-A; Presale Issued [Manufacturing Close – Up]

June 16, 2012

Fitch Ratings expects to assign the following ratings and Outlooks to the class A notes issued by MMAF Equipment Finance LLC 2012- A:. –$144,000,000 class A-1 notes’ F1+ sf’;. –$151,000,000 class A-2 notes’ AAAsf;’ Outlook Stable;.

Priority Health Makes 2 Promotions [Manufacturing Close – Up]

June 16, 2012

In a move to strengthen its market presence, Priority Health announced the promotion of two executives. Beginning June 4, Detroit native and experienced health plan professional Don Whitford will step into the newly created role of vice president, East Region, where he will be responsible for the long-term strategic development of the commercial and…

BRIEF: Hancock CEO Jim Boyle set to retire in September [Boston Herald]

June 15, 2012

June 15– John Hancock Financial Services has abruptly announced the retirement of company President Jim Boyle, who led the Hub-based insurance giant since 2009.. “I want to thank Jim for his considerable service to John Hancock,” Donald Guloien, CEO of Hancock parent Manulife, said yesterday in announcing Boyle’s plan to leave Sept. 1. He’ll be replaced by Craig…

Horry County Council to vote on county employee retiree health insurance changes [The Sun News, Myrtle Beach, S.C.]

June 15, 2012

This recommendation comes from the county administration committee and calls for retiree health insurance coverage through the county to cease after Medicare becomes the retiree’s primary insurance, and start funding a monthly contribution to a health reimbursement arrangement account. That account would allow the retiree to purchase a Medicare…

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