Nicki Donlon, CPA, is a member of the Firm’ s Higher Education/Not-for-Profit/Governmental Services Group and resides in the Minneapolis Office. Donlon received a Bachelor of Science in Accounting, with a minor in Finance from the University of Wisconsin– Eau Claire and is a member of the American Institute of Certified Public Accountants.
Newswires
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;.
The Phoenix Companies, Inc. announced the introduction of the Phoenix Personal Protection Choice Annuity, a single premium fixed indexed annuity. Issued by PHL Variable Insurance Company, a Phoenix insurance subsidiary, the product is available through independent distributors working with Saybrus Partners, the company’s distribution subsidiary.
June 13– ESSEX– Special Town Meeting voted unanimously to approve a Federal Emergency Management Agency update of Essex’s flood plain Monday night, overturning an early May decision that, officials say, could have made some residents ineligible for federal flood insurance. The Federal Emergency Management Agency requires that participating towns update…
RLI Corp.– RLI’ s A+ financial strength rating has been reaffirmed by A.M. Best for the following insurance subsidiaries– RLI Insurance Company, Mt. Hawley Insurance Company and RLI Indemnity Company. RLI Insurance Company, Mt. Hawley Insurance Company and RLI Indemnity Company received an ICR upgrade to“ aa” from“ aa-”. RLI’ s insurance subsidiaries– RLI Insurance…
The Madison Fiscal Court approved new FEMA flood maps Tuesday, but they did not have much choice. However, Madison County residents who will be in a floodplain have until Oct. 2 to purchase flood insurance at a much lower premium than if they wait until after the official passage date. The FEMA maps, which were first introduced in 2009, reflect the areas that are…
ORLANDO, Fla.– A private insurance executive with more than four decades of experience was chosen to lead Florida’s state-backed Citizens Property Insurance Corp. on Wednesday. He is president and chief executive officer of Seattle- based Mattei Insurance Services and will have the same titles with Citizens. A second finalist, Glenn Pomeroy, 56, is a former…
A.M. Best Co. has upgraded the financial strength rating to A from A- and issuer credit ratings to“ a” from“ a-” of Southwest Marine and General Insurance Company. In addition, A.M. Best has affirmed the FSR of A and ICRs of“ a” of New York Marine and General Insurance Company and its majority-owned subsidiary, Gotham Insurance Company. Concurrently, A.M. Best has affirmed…
A.M. Best Co. has affirmed the financial strength rating of A and downgraded the issuer credit ratings to“ a” from“ a+” of Church Mutual Insurance Company. The outlook for both ratings is stable. The rating actions reflect Church Mutual’ s poor underwriting results in recent years, which deteriorated sharply relative to historical results, driven primarily by…
Blue Shield has used enormous rate hikes, and the threat of rate increases, to force patients into lower-benefit and higher-deductible health coverage in violation of state law…
Ronald Madajeski, 63, 800 Clay Ave., Scranton, owned RMI Group, 542 Boulevard Ave., Dickson City, and collected premiums on several clients’ insurance policies that exceeded their actual cost and pocketed upward of $50,000, according to a criminal complaint. The investigation into Mr. Madajeski began in February 2011 after Jason Barry, owner/operator of Jason…
Wells Fargo Advisors announced the launch of the advisory variable annuity into the company’ s Asset Advisor Program, an investment advisory fee-based program. “We are pleased to be at the forefront in offering an advisory share variable annuity,” said Ian MacEachern, Managing Director of the Advisory Products Group at Wells Fargo Advisors.
Allianz Global Assistance USA, a leader in travel insurance and travel assistance and a pioneer of innovative consumer specialty insurance products like Event Ticket Protector, has announced that the company’ s founders will join a new Allianz company on July 1 st. Jon Ansell, Chairman of Allianz Global Assistance USA and Beth Godlin, the company’ s Chief…
A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating of B+ and issuer credit rating of“ bbb-” of Granada Insurance Company. The ratings for Granada acknowledge its adequate level of risk-adjusted capitalization, the explicit support it receives from its parent holding company, Hattbert Holdings, Inc., its…
WOOSTER- Erin Bender Ransom, DPT, has joined the staff at HealthPoint at Wooster Community Hospital. Ransom is a Wooster High School graduate who received a bachelor’s degree in exercise science from Kent State University in 2007, and her doctorate in physical therapy from the University of Indianapolis in 2010.. ASHLAND– The Buren Insurance Group has been…
A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating of A- and issuer credit rating of“ a-” of Specialty Risk of America. The rating actions also consider SPRISKA’ s expense ratio disadvantage driven by the high commissions paid to its immediate parent and managing general agent, Special Insurance Services, Inc….
The four-part series will feature two alternatives seminars offering one hour of Certified Financial Planner credit, as well as two money manager panel discussions with experts from Curian Capital, LLC, BlackRock, Inc. ®, Ivy Investment Management Company and AQR Capital Management. The first seminar in the series,“ Investing in Alternatives: A Practical…
Scranton, Pennsylvannia June 13, 2012. When it comes to PA home insurance, many people assume that there is a standard policy that will fit all of their needs. However, this isn’ t always the case, which is why the professionals at Connor-Helring Associates, Inc. always advise their clients to speak with a knowledgeable agent who can help them identify any gaps in…
She serves on the Board of Directors of GeoVera Holdings and Global Indemnity Group, Inc., and is serving a one-year member’ at large’ term on the CPCU Society Board. She was formerly CEO of GMAC Personal Lines where she restructured operations and led GMAC’s successful sale of its Personal Lines operations. Hennessy has also served as President and CEO of…
