Pacific LifeCorp announced today that it has completed the sale of its subsidiary College Savings Bank, a New Jersey- chartered savings bank, to a syndicate of investors.
Newswires
SUMMARY: The Department of Veterans Affairs proposes to amend its Servicemembers’ Group Life Insurance regulations in order to provide that, if a stillborn child is otherwise eligible to be insured by the SGLI coverage of more than one member, the child would be insured by the coverage of the child’s SGLI-insured mother.
2011 activity will drive 25 percent growth in Insurance Loss Warranties volume for 2012, according to a new report released by Willis Re, the reinsurance arm of Willis Group Holdings, the global insurance broker. Willis Re estimates that the ILW market reached trading volumes of $6 bn last year, resulting in an estimated 10 to 25 percent increase in trading.
FCCI Insurance Group will this year start writing commercial property/casualty coverage in Maryland and Texas, while laying expansion plans in Louisiana and Arkansas.
Hylant Group, one of the largest privately held insurance brokerage firms in the United States, has announced a corporate restructuring strategy that will streamline operations and capitalize on the core strengths of its executive management team.
The Affordable Care Act of 2010 brings sweeping changes to health insurance coverage in the United States, including the requirement that new health plans—both group and individual—pay 100% of the costs of certain preventive care services such as mammograms, colonoscopies, blood pressure checks, and childhood immunizations…
Interim Guidance on Informational Reporting to Employees of the Cost of Their Group Health Insurance Coverage.
China’s insurance regulator said it intends to promote an individual tax-deferred pension pilot program this year, in addition to further developing the domestic rural insurance and catastrophe insurance markets, said Junbo Xiang, chairman of the China Insurance Regulatory Commission, in a conference in Beijing.
Whittington Group, an international insurance investment business based in Singapore, said it has completed the sale of its U.K. business to a consortium of investors including Tawa plc, Skuld and Paraline Group Ltd..
Employers Mutual Casualty Company, the parent company of EMC Insurance Group Inc., today announced to its employees that the statutory combined trade ratio of the EMC Insurance Companies for the year ended December 31, 2011 was 115.7 percent. The Company’ s statutory combined trade ratio for the year ended December 31, 2011 was 115.5 percent.
LEAWOOD, KS – January 30, 2012 – In an effort to round out its value offering to insurance agents…
Jan. 31– About 47,000 Medicaid patients in Clark County may soon be forced to find new doctors. The state Health Care Authority, which oversees seven health programs, has selected five health insurance plans that appear to have successfully bid to provide Medicaid services to Washington residents.
Best Europe– Rating Services Limited has upgraded the financial strength rating to A from A- and the issuer credit rating to“ a” from“ a-” of Cigna Life Insurance Company of Europe SA-N.V.. CLICE is expected to benefit from the Cigna group’ s acquisitions of Vanbreda International NV and FirstAssist Insurance Services Ltd, which have taken place over the past 18 months.
Austin, TX January 31, 2012. Along with offering a web portal for comparing auto insurance prices online, AutoinsuranceEZ.com has published an informational guide called the Consumer’ s Guide to Auto Insurance. Shoppers can use the information provided in order to find appropriate coverage at an affordable price.
Corporate Visions, Inc., the leading sales and marketing messaging company, today announced a record 2011 fiscal year, including 30 percent revenue growth on the heels of record revenue growth in 2010. Overall, company revenue has grown 182 percent since Jan. 1, 2008, one month after the official start of the“ Great Recession.” Corporate Visions grew in the face of the recession by aggressively expanding beyond its traditional sales skills training business into the Customer Conversation System, which integrates messaging development, tools deployment and skills training.
In a recent competitive review, State Farm was rated as having the best mobile experience by Key Lime Interactive, an independent company specializing in user testing and experience.
Best Europe– Rating Services Limited has upgraded the financial strength rating to A from A- and the issuer credit rating to“ a” from“ a-” of Cigna Life Insurance Company of Europe SA-N.V.. CLICE is expected to benefit from the Cigna group’ s acquisitions of Vanbreda International NV and FirstAssist Insurance Services Ltd, which have taken place over the past 18 months.
Minnesota Life Insurance Company, a subsidiary of Securian Financial Group, Inc., was recognized by Best’ s Review magazine for its Project Galileo speed-to-market program.
NEW YORK, Jan. 31, 2012/ PRNewswire/– NFP Advisor Services Group, which serves independent financial advisors by offering broker-dealer and asset management products and services, and is a business segment of National Financial Partners Corp., a leading provider of benefits, insurance and wealth management services, held its annual Ascend financial advisor conference today in Orlando, FL.
