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First American Title Insurance Company Names Judd Hoffman as VP, County Operations and Sales Manager for Los Angeles County and Ventura County… [Manufacturing Close – Up]

March 19, 2012

First American Title Insurance Company announced that Judd D. Hoffman has been named vice president, county operations and sales manager for the company’s Los Angeles County and Ventura County operations. In the new role, Hoffman is responsible for leading and overseeing all aspects of First American’s Los Angeles County and Ventura County title insurance,…

XL Group Boosts Its Construction Business with New San Francisco Underwriting Operation [Manufacturing Close – Up]

March 19, 2012

XL Group plc’s North America Construction unit is putting their Construction risk management expertise closer to their brokers and the contractors they serve by establishing a west coast underwriting operation in San Francisco. According to Gary Kaplan, President of XL Group’s North America Construction business, “While the market may recover at its own…

Fitch: Long-Term Care Policies Remain Challenging for Insurers [Manufacturing Close – Up]

March 19, 2012

Fitch Ratings continues to view long-term care insurance as one of the riskiest products offered by U.S. life insurers. Our view is underscored by Prudential’s recent announcement that it will discontinue offering individual LTC policies at the end of this month. Prudential joins a growing list of large insurers including MetLife that have decided to exit…

Employers Taps Henry Eford as Sales Executive for Austin and San Antonio Markets [Health & Beauty Close – Up]

March 19, 2012

Employers, a small business insurance specialist, has named Henry Eford sales executive for the Austin and San Antonio markets. Based in Austin, Eford brings extensive sales and business development experience to Employers, with advanced knowledge of wholesale and retail insurance operations and business insurance coverage, the Company noted in a release.

Hannover Life Re Rolls Out a New Version of Ascent [Health & Beauty Close – Up]

March 19, 2012

Hannover Life Reassurance Company of America ” Hannover Life Re,” announced the launch of a new version of Ascent. The new version was released March 1. Kevin Oldani, Senior Vice President and Chief Underwriter of Hannover Life Re, said, “We are excited about this new release and feel it demonstrates our commitment to continuously refine our underwriting manual…

Savoy Magazine Recognizes New York Life’s George Nichols among Corporate America’s Most Influential Blacks [Health & Beauty Close – Up]

March 19, 2012

New York Life announced that George Nichols III has been named one of the Top 100 Most Influential Blacks in Corporate America by Savoy magazine. Nichols, senior vice president in charge of New York Life’s Office of Governmental Affairs, is responsible for federal and state government relations and the company’s Political Action Committee.

Why More and More Patients Go Broke? NY State Verdict: Guilty! #1 = Insurers, #2 = Providers

March 18, 2012

NY State Governor Andrew M. Cuomo announced on March 7, 2012 that the Department of Financial Services is investigating unexpected out-of-network medical costs affecting New Yorkers across the state, many of whom cannot afford to pay out-of-pocket expenses. “Governor Andrew M. Cuomo did it again for USA, after he fixed nation’ s UCR with Ingenix crisis, for not…

Candidates’ views diverge on health law [The Honolulu Star-Advertiser]

March 18, 2012

March 18– The U.S. Supreme Court will hear arguments this month on whether President Barack Obama and Congress have the authority to require people to purchase health insurance and whether states must expand access to Medicaid– the health insurance program for the poor– or risk losing federal money. The Republican-controlled U.S. House has already voted for a…

The Post and Courier, Charleston, S.C., David Slade column [The Post and Courier, Charleston, S.C.]

March 18, 2012

Let’s say you are a South Carolina homeowner who just learned you could claim a large state tax credit for paying outsized homeowner’s insurance premiums– and could have claimed such credits in previous years. I’ve talked to several people who didn’t know about the Excess Insurance Premium Credit, worth up to $1,250 for people who spend more than 5 percent of…

NAMIC Names Tetrault State and Policy Affairs Counsel

March 18, 2012

The National Association of Mutual Insurance Companies issued the following news release:. The National Association of Mutual Insurance Companies has named Paul Tetrault to the position of state and policy affairs counsel. Tetrault is a graduate of Villanova University and Suffolk University Law School and holds the Chartered Property and Casualty…

The rise and fall of Bob Mellow [The Times-Tribune, Scranton, Pa.]

March 18, 2012

For 40 years, Mr. Mellow kept bringing home state money for his district, remained a power in state and local politics, won election after election without opposition. They charged him with a conspiracy to use taxpayer-paid Senate staffers to organize his summer outings and golf tournaments and to do other political work for candidates and causes he supported.

State boys basketball: 100 years of basketball, 100 years of stories [St. Cloud Times, Minn.]

March 18, 2012

The annual gathering of Minnesota’s best prep teams was first held in 1913. That year saw Fosston crowned as the state’s first champion by virtue of its 29-27 victory over Mountain Lake in the title game played at Carleton College in Northfield. That doesn’t count the separate state Catholic school tournament which ran from 1941 to 1970 and was won by St. Cloud…

Focus of Monday’s city of Lubbock talks on AAG unclear [Lubbock Avalanche-Journal, Texas]

March 18, 2012

March 18– Some members of the City Council say they are unsure what will come from a closed-door meeting Monday morning to discuss a years-long legal battle with the city’s former insurance administrator, and others just won’t talk. Councilman Victor Hernandez said he is unaware of any official reason for the executive session, but suspects the city’s legal…

National Real Estate Insurance Group Offers an Interactive Way to Purchase Insurance Coverage Online

March 18, 2012

Mission, Kansas March 18, 2012. National Real Estate Insurance Group, the country’ s leading real estate risk management expert, is proud to announce the launch of its new website and interactive digital marketing campaign, which are focused on improving the way the agency connects with, markets to and serves property investors of all sizes.

Best Buy Insurance Unveils Its New Custom Virtual Insurance Office and Digital Marketing Campaign

March 18, 2012

Local California insurance agency, Best Buy Insurance, is proud to announce its new website and accompanying digital marketing campaign, aimed at enhancing the way through which the agency connects with, markets to and serves its surrounding California community. Whether shoppers are new to the state and looking for California home insurance or need…

KanCare questions continue [Topeka Capital Journal (KS)]

March 17, 2012

Managed care companies bidding on state Medicaid contracts defended their financial stability this week after questions were raised about their credit ratings. Jim Coopersmith, a life insurance expert who has a developmentally disabled child, said the bond ratings of Centene Corp. and Amerigroup are below investment grade. A third bidder, WellCare, had its…

During Flood Safety Awareness Week, DOBI Acting Commissioner Kobylowski Encourages Homeowners to Consider the Need for Flood Insurance

March 17, 2012

The New Jersey Department of Banking and Insurance issued the following news release:. New Jersey Department of Banking and Insurance Acting Commissioner Ken Kobylowski today reminded New Jersey consumers that National Flood Awareness Week, March 12-16, is an ideal time to evaluate their need for a flood insurance policy. He stressed to consumers that a…

Gagnon Joins The Council of Insurance Agents & Brokers as Director of Strategic Technology

March 17, 2012

The Council of Insurance Agents& Brokers issued the following news release:. The Council of Insurance Agents& Brokers announced today that Christopher Gagnon is joining the organization as Director of Strategic Technology. In 2004, Gagnon joined with other investors in the formation of Beecher Carlson and served as CIO, focusing his energy on…

New Flood Maps Show Current Risks In Garvin County, Oklahoma

March 17, 2012

The U.S. Department of Homeland Security’s Federal Emergency Management Agency issued the following news release:. The new Garvin County flood maps, which include all of the communities in Garvin County, become effective on Tuesday, April 3 giving those who haven’t purchased flood insurance yet, time to get the best possible premiums to protect their property…

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