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ILS investment returns continue to outperform, according to Aon insurance-linked securities report

September 17, 2016

The Aon All Bond and BB-rated Bond Indices posted gains of 6.84 percent and 5.34 percent, respectively, while the U.S. Hurricane and U.S. Earthquake Bond Indices returned 7.73 percent and 4.85 percent, respectively. The Aon All Bond Index outperformed relative to the S&P 500 Index and most comparable fixed income benchmarks, except the 3-5 year BB U.S. High Yield…

Peak Hurricane Season Is Here: Five Steps To Disaster-Proof Your Business

September 17, 2016

NEW YORK, Sept. 8, 2016/ PRNewswire-USNewswire/– Peak hurricane season runs from now through October, making this a crucial time to review business insurance coverage, according to the Insurance Information Institute. Forty percent of businesses do not reopen after a disaster and another 25 percent fail within one year, according to the Federal Emergency…

AMERCO to Participate in CL King’s Best Ideas Conference 2016

September 17, 2016

–AMERCO, parent of U-Haul International, Inc., North America’s largest “do-it-yourself” moving and self-storage company will participate in CL King’s 14th Annual Best Ideas Conference on Tuesday, September 13, 2016 at the Omni Berkshire Place Hotel in New York City. The AMERCO presentation begins at 12:30 p.m. ET and is followed by a Q&A session.

International SOS Launches Enterprise Health Security Center

September 17, 2016

In a first-of-its-kind, client-led development, International SOS, the world’s leading medical and travel security risk services company, created the Enterprise Health Security Center. The Enterprise Health Security Center is a web-based tool that provides managers access to the latest medical content and pandemic incident plans to effectively…

Allstate Insurance Wins Multimillion-Dollar Fraud Lawsuit

September 17, 2016

–Los Angeles County Superior Court ruled in favor of Allstate Insurance Company and the State of California in a lawsuit topping more than $2.3 million that ends the illegal ownership, kickbacks and fraudulent operation of two medical clinics in Los Angeles. In its lawsuit, Allstate alleged chiropractor Byum Suk Kim violated the state’s Insurance Frauds…

Higginbotham Adds Two Texas Markets and Forestry Practice with Davis Insurance Agency Merger

September 17, 2016

–Higginbotham and Davis Insurance Agency announced today the merger of their operations. Higginbotham is headquarted in Fort Worth and ranked by revenue as the largest Texas- based independent insurance broker, and Davis Insurance is an independent broker with a workforce of 26 in its Lufkin home office and Amarillo branch. The merger with Davis Insurance…

Aflac and Palmetto Health Children’s Hospital Add 4 Heroes to Duckprints Wall of Fame During Childhood Cancer Awareness Month

September 17, 2016

At the ceremony, which was held at Palmetto Health Children’s Hospital in Columbia, South Carolina, attendees also heard the story of DJ Fisher, a 17- year-old patient at Palmetto Health Children’s Hospital, who provides invaluable peer support to other children also undergoing cancer treatment. She receives this award posthumously; her memory lives on with…

QBE North America Appoints Jonathon Fanti to Senior Vice President, Underwriting Leader – Public Company Management Liability

September 17, 2016

Mr. Fanti will continue to report to John Burkhart, Senior Vice President and Head of Management Liability& Professional Lines. In his new capacity, Mr. Fanti will have the P&L responsibility for the Public Company segment and will set the underwriting strategy for the Directors& Officers product line. Before joining QBE in 2013, Mr. Fanti spent 11 years at Chubb,…

MassMutual Elects Karen Bechtel To Its Board of Directors

September 17, 2016

–Massachusetts Mutual Life Insurance Company announced today the election of Karen Bechtel to its Board of Directors. “I am extremely pleased to welcome Karen Bechtel to MassMutual’s Board of Directors. “Importantly, as part of MassMutual’s unwavering commitment to best-in-class corporate governance, we are focused on ensuring that our board reflects…

XL Catlin Boosts Global Property Insurance Capacity to USD 400 million

September 17, 2016

LONDON and NEW YORK, Sept. 7, 2016/ PRNewswire/– To accommodate increasing property values around the world and more complex risks, XL Catlin extended its global property insurance capacity to USD 400 million, a more than 25 percent increase from its previous USD 300 million capacity. According to Doug Howat, XL Catlin’s Chief Executive, Energy, Property,&…

ROK Mobile International Inc. and Human Health Organization™ Announce Joint Venture in Creation of New Mobile Tech Company

September 17, 2016

ROK Founding Partner, philanthropist and consumer products mogul, John Paul DeJoria, and filmmaker James Cameron, an early investor in H20, are both excited by the launch of the ROKiT Series. The joint venture will leverage the service which ROK Mobile offers their subscribers including $100,000 in accidental death coverage, $20,000 in burial insurance,…

Symbiont To Demo Smart Contracts for Insurance

September 17, 2016

–Symbiont, the market-leading smart contracts platform for institutional uses of blockchain technology, will host a live WebEx demonstration of its platform for insurance industry participants on September 20, 2016 at 2 p.m. Only insurance industry executives, investors, brokers or consultants will be approved to participate. It provided a version of its…

Cigna Joins Forces with Doctors of Television to Promote Annual Check-ups

September 17, 2016

–Cigna today kicked off a new advertising campaign using an ensemble of familiar TV doctors to promote annual check-ups as a way to improve an individual’s health and encourage a dialogue with his or her health care provider. Actors Alan Alda, Patrick Dempsey, Lisa Edelstein, Donald Faison and Noah Wyle donned scrubs and white coats to take on a new role with Cigna,…

GOBankingRates Announces the 2016 Summer Money Games Champions

September 17, 2016

Hosted by GOBankingRates in partnership with GoFreeCredit, the second quadrennial Summer Money Games brought together more than 50 personal finance and success experts to share their best tips and advice across five categories– Saving Money, Retirement Planning, Wealth Building, Money Milestones and Financial Advice. Gold: Clark Howard, for his piece on…

Census Bureau to Announce Findings for 2015 Income, Poverty and Health Insurance Coverage and Supplemental Poverty Measure

September 17, 2016

WASHINGTON, Sept. 6, 2016/ PRNewswire-USNewswire/– The U.S. Census Bureau will hold an online news conference to announce the findings from three reports: Income and Poverty in the United States: 2015, Health Insurance Coverage in the United States: 2015, and The Supplemental Poverty Measure: 2015. The supplemental poverty measure report contains both national…

The SurePayroll Small Business Scorecard®: Most Still Struggle to Offer, See Value in 401(k)s

September 17, 2016

–The majority of small business owners do not offer a 401 plan and 42% of those not offering it don’t see the value in it, according to the August 2016 SurePayroll Small Business Scorecard ®. “There needs to be more education for small business owners about the tax benefits and the long-term growth potential of investing in a 401 plan,” said SurePayroll General…

Radio Personality and Camp Sunshine Founder Added to the Duckprints Wall of Fame for Fighting Against Childhood Cancer

September 17, 2016

Aflac’s Duckprints award recipients— WSB’s Atlanta Morning News host Scott Slade, who started the WSB Radio Care-a-Thon for the Aflac Cancer and Blood Disorders Center of Children’s Healthcare of Atlanta in 2000 and raised millions of dollars to help eradicate childhood cancer, and Dr. Dorothy Jordan, an advanced practice nurse and founder of Camp Sunshine, a…

Summit Healthcare REIT, Inc. acquires an interest in two skilled nursing facilities in Delaware

September 17, 2016

–Summit Healthcare REIT, Inc. announced today that it has acquired an interest in two skilled nursing facilities located in the communities of Millsboro and Smyrna, Delaware, for a total purchase price of $54.1 million on September 2, 2016. The acquisition was made through a joint venture between Summit Healthcare Operating Partnership, LP, which is wholly…

Pets Best Releases Industry Consumer Report

September 17, 2016

–The number of insured dogs and cats in the United States is currently over 1.2 million, however, that makes up only 0.75 percent of the total number of dogs and cats nationwide. With that startling figure in mind, and as part of National Pet Health Insurance month in September, Pets Best Insurance Services, LLC, a leading U.S. pet health insurance agency founded in…

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