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Norfolk revenue commissioner faces primary battle [The Virginian-Pilot]

June 8, 2013

June 08– NORFOLK– Sharon McDonald says she’s moved beyond the highly publicized missteps of her latest term in office, but she is finding that when it comes to getting re-elected, the past is never far behind. The Republican Party will announce its candidates today. Evans Poston Jr., a 33- year-old insurance broker, has been campaigning on McDonald’s mistakes and…

Obama Pitches New Health Care Law In California

June 7, 2013

President Barack Obama encouraged the uninsured or those paying high prices for health insurance to sign up for coverage under his health care law and urged opponents to stop wasting time continuing to fighting its implementation…

CNO Financial Group Names Mike Heard as Senior Vice President of Operations

June 7, 2013

CNO Financial Group, Inc. today announced that Mike Heard has been named senior vice president of operations, reporting to Bruce Baude, executive vice president, chief operations and technology officer, effective June 17. About CNO Financial Group CNO Financial Group is a holding company. Our insurance subsidiaries– principally Bankers Life and Casualty…

PeaceHealth, insurers may cut ties [The Columbian, Vancouver, Wash.]

June 7, 2013

Regence BlueCross BlueShield of Oregon and UnitedHealthcare have each been negotiating contract renewals with PeaceHealth. Negotiations will continue over the next few weeks, but if a deal isn’t reached, PeaceHealth Southwest Medical Center and PeaceHealth Medical Group physicians will be considered out-of-network providers beginning July 1.

Wink, Inc. Releases First Quarter, 2013 Indexed Sales Results

June 7, 2013

  Pleasant Hill, Iowa. June 7, 2013 – Forty-one indexed annuity carriers participated in the 63rd edition of Wink’s Sales…

BRIEF: Lake Placid man charged with arson [Highlands Today, Sebring, Fla.]

June 7, 2013

June 07– LAKE PLACID– A Lake Placid man was accused this week of helping a woman burn her car for insurance money, according to warrant report. Jose Manuel Romero, 31, of 1576 Buck St., Lake Placid, was arrested Thursday by the Highlands County Sheriff’s Office and charged with second-degree arson and arson with intent to defraud an insurer. Last month, Tracy Reed, the…

Continuing to expand in Southern California Edgewood Partners Insurance Center adds Principal Joe Cotugna, AAI in the Inland Empire [California Newswire]

June 7, 2013

ONTARIO, Calif./ California Newswire/– Edgewood Partners Insurance Center, a retail property, casualty and employee benefits insurance brokerage, has added Joe Cotugna as a property and casualty insurance producer in its Inland Empire Division. He will report to Dan Ryan, managing principal of EPIC’s Inland Empire Division. Prior to joining EPIC, Cotugna was a…

AMERCO /NV/ – 10-K/A – Management’s Discussion and Analysis of Financial Condition and Results of Operations

June 7, 2013

We begin this MD&A with the overall strategy of AMERCO, followed by a description of and strategy related to, our operating segments to give the reader an overview of the goals of our businesses and the direction in which our businesses and products are moving. We then discuss our critical accounting policies and estimates that we believe are important to…

Mental health discrimination no easy fix [Fairfield County Business Journal]

June 7, 2013

Representatives of the American Psychiatric Association say the Connecticut Insurance Department should be doing more to stop discriminatory practices by mental health insurance plans. Insurance Department Commissioner Thomas Leonardi announced in late April that the department had reviewed Anthem Health Plans Incas policies and that about…

Ascension Insurance, Inc. Appoints Miles Gurley Commerical Account Executive

June 7, 2013

Ascension Insurance, Inc. is pleased to announce the appointment of Miles Gurley to the position of Commercial Account Executive in the company’ s Greensboro, NC office. Gurley earned his Bachelor of Science from Catawba College and is a member of the Thomasville Area and High Point Area Chamber of Commerce. He is also member of the National Association of Home…

Simon Button Named London Market Chief Underwriting Officer for HCC International

June 7, 2013

HOUSTON, June 7, 2013– HCC Insurance Holdings, Inc. today announced the promotion of Simon Button to Chief Underwriting Officer for HCC International Insurance Company PLC and Lloyd’s Syndicate 4141, reporting to HCC International’s Chief Executive Officer Barry J. Cook. HCC International Insurance Company PLC has a financial strength rating of “AA” from…

CONSOL ENERGY INC FILES (8-K) Disclosing Change in Directors or Principal Officers

June 7, 2013

Lally-Green will serve on the Nominating and Corporate Governance Committee and the Health, Safety and Environmental Committee of the Board, and Mr. Carpenter will serve on the Compensation Committee and the Finance Committee of the Board, also effective immediately. Maureen E. Lally-Green is the director of the office for church relations for the Diocese of…

Costs to rise as state health insurance exchange plan kicks in [Dayton Daily News, Ohio]

June 7, 2013

Plans submitted by the companies, including Aetna and Medical Mutual of Ohio, show the average cost to cover individual medical expenses ranged from $282.51 to $577.40 per month on the exchange. “We have warned of these increases since a state-specific study in 2011 indicated Ohio would be significantly impacted by the ACA,” Lt. On average, current medical costs…

Susan Waring Elected to The Penn Mutual Life Insurance Company Board of Trustees

June 7, 2013

The Penn Mutual Life Insurance Company, a more than 166- year-old company, is pleased to announce that Susan D. Waring has been elected to the company’ s Board of Trustees. She began her career as a State Farm agent in 1986, and was promoted several times before retiring in 2010. Prior to her time at State Farm, Susan worked for 15 years in College Administration,…

Northwestern Mutual provides $110 Million loan for San Francisco’s Foundry Square I

June 7, 2013

Northwestern Mutual has funded a $110 million mortgage loan on Foundry Square I, a 10- story 334,320- square-foot property in San Francisco’s Central Business District. “Foundry Square is a beautiful asset providing key access to the upcoming multi-billion dollar Transbay Transit Center, which some are already calling the’ Grand Central Station of the West,'”…

Senators Introduce Bipartisan Legislation to Reduce Overlapping Benefit Payments

June 7, 2013

Senators Tom Coburn, M.D., Jeff Flake, Angus King, and Joe Manchin introduced the Reducing Overlapping Payments Act, which aims to protect the Social Security Disability Insurance and Unemployment Insurance programs by reducing overlapping benefits. The bill requires the Social Security Administration to suspend Disability Insurance benefits during any…

Louisiana Leaders Back Cassidy’s Flood Insurance Amendment

June 7, 2013

WASHINGTON- Today, elected officials and community leaders in south Louisiana endorsed Congressman Bill Cassidy’s amendment to keep flood insurance rates low on the FY 2014 Homeland Security appropriations bill. “Parish leaders here in Louisiana, and county leaders from throughout the nation, should urge the U.S. Senate to pass this legislation, which…

Bill to Strengthen the Government Corporation Counsel Office Gets Senate Nod

June 7, 2013

PASAY CITY, Philippines, June 6– The Philippines Senate issued the following news release:. A bill which aims to strengthen the Office of the Government Corporate Counsel by re-defining, expanding, rationalizing and professionalizing its organization, was passed by the Senate today on third and final reading. The OGCC will be headed by the Government Corporate…

PCI Applauds Senate Banking Committee Action on NARAB II

June 7, 2013

The Property Casualty Insurers Association of America issued the following news release: The Property Casualty Insurers Association of America today issued the following statement applauding the U.S. Senate Committee on Banking, Housing, and Urban Affairs for reporting the National Association of Registered Agents and Brokers Act of 2013 to the full…

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