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Colonial Life and Superior Vision to Offer Vision Coverage [Professional Services Close – Up]

January 30, 2013

Colonial Life and Accident Insurance Company and Superior Vision announced a partnership to offer vision insurance. Superior Vision has a provider network of more than 48,000 ophthalmologists, optometrists, opticians, and regional and national retail chain locations, including LensCrafters, Pearle Vision, Wal- Mart Vision Centers, Target Optical, Sam’s…

Aflac Names Drew Niziak as SVP of Broker Sales and Aflac Benefits Solutions [Manufacturing Close – Up]

January 30, 2013

Aflac, a provider of voluntary and guaranteed-renewable insurance in the United States, announced that it has hired Drew J. Niziak, a 20- year veteran of the insurance industry, as its new SVP of Broker Sales and Aflac Benefits Solutions, a subsidiary of Aflac. ABS provides specialized services to the company’s most significant brokerage partners through an…

Simi council frowns on giant banner to find building tenant [Ventura County Star, Calif.]

January 29, 2013

Jan. 29– Helping find a tenant for the former Farmers Insurance building in Simi Valley– the largest vacant office space in Ventura County– is the city’s top priority. Even so, a majority of City Council members said Monday night they are not sold on a proposal by the insurer’s real estate marketer to place a 7- by-50-foot banner on the five-story building to…

CenterPoint’s board gets new members [Winston-Salem Journal, N.C.]

January 29, 2013

The Winston-Salem agency oversees mental health, substance abuse and developmental disability services in Davie, Forsyth, Rockingham and Stokes counties as a local management entity. The composition of CenterPoint’s board was a hot-button issue most of 2012 as the agency attempts to become a managed-care organization by a state operational deadline of…

BRIEF: Couple charged with failing to return bond money [Erie Times-News, Pa.]

January 29, 2013

Jan. 29– An Elk Creek Township couple has been charged with stealing $22,500 from an Illinois woman while they were working as agents for a bail bonds company. Charges of theft by unlawful taking, criminal conspiracy to commit theft by unlawful taking and insurance fraud were filed this morning against David Wasmund, 48, and Michelle Wasmund, 44, both of the 9300…

Ace 4Q profit up, but shares fall on weak forecast

January 29, 2013

Property and casualty insurer Ace Ltd. said Tuesday that its fourth-quarter net income improved, but losses tied to Superstorm Sandy drove down its operating profit. The Zurich- based company’s net income increased to $765 million, or $2.22 per share, for the period that ended in Dec. 31. That’s compared with net income of $735 million, or $2.15 per share, in the same…

BRIEF: Badger Mutual Insurance names David Kane president [Milwaukee Journal Sentinel]

January 29, 2013

Jan. 29– David Kane has been named the new president of Badger Mutual Insurance Co., the Milwaukee- based insurer said Tuesday. “With almost 30 years of experience with Badger Mutual Insurance, we couldn’t have chosen a more dedicated and knowledgeable individual to lead the company forward,” Steve Klima, a board member and audit committee chairman for Badger…

Partners bank on niche market for unique liquors [Ocala Star-Banner, Fla.]

January 29, 2013

The 52- year-old former insurance adjuster gave up his six-figure salary working in Mexico and England, his Hallandale condominium along Florida’s intracoastal waterway, and his life’s savings, and used it all to help fund his dream. But the Daytona- born entrepreneur has no regrets about sinking nearly every dime into Marion County- based Fish Hawk Spirits,…

N.Y. Finds $665M In Unclaimed Life Insurance

January 29, 2013

More than 89,000 people nationwide are getting shares of over $665 million in life insurance benefits that many didn’t know they were entitled to receive…

Insurance Duo Joins Holland & Knight in New York

January 29, 2013

NEW YORK – January 24, 2013 – John Sarchio, one of the insurance industry's leading and most respected lawyers, has…

Fitch Starts Prism 2.0 for U.S. Non-life Insurers [Manufacturing Close – Up]

January 29, 2013

Following an internal validation review and external user beta testing process, Fitch Ratings is implementing its enhanced stochastic capital model, Prism 2.0, for U.S. non-life insurers. In a release on January 18, Fitch noted that Prism results will be highlighted in rating action commentaries and reports. No near-term rating actions are expected or…

Fitch Affirms Essentia Insurance Company Following Acquisition by Markel Corp. [Manufacturing Close – Up]

January 29, 2013

Fitch Ratings has affirmed the’ A’ Insurer Financial Strength rating of Essentia Insurance Company following its acquisition by Markel Corp. on Jan. 2, 2013. MKL purchased Essentia, from OneBeacon Insurance Group, Ltd., as part of an exclusive underwriting relationship with Hagerty Insurance Agency and Hagerty Classic Marine Insurance Agency.

Simi Valley council frowns on proposed large Farmers building banner [Ventura County Star, Calif.]

January 29, 2013

Jan. 29– Helping to find a new tenant or tenants for the former Farmers Insurance building in Simi Valley is a top priority of the city. Even so, a majority of the City Council indicated Monday night they are not sold on a proposal by the insurer’s real estate marketer to place a 7- by-50-foot banner on top of the five-story building, announcing its availability to…

Social Security Ruling, SSR 13-1p; Titles II and XVI: Agency Processes for Addressing Allegations of Unfairness, Prejudice, Partiality, Bias,…

January 29, 2013

SUMMARY: In accordance with 20 CFR 402.35, the Commissioner of Social Security gives notice of Social Security Ruling, SSR-13-Xp. First, the Ruling describes the procedures that the Office of Disability Adjudication and Review’s Appeals Council follows when it receives such allegations in the context of claim adjudication. FOR FURTHER INFORMATION CONTACT:…

Court in Va. hears ex-Texas businessman’s appeal

January 29, 2013

RICHMOND, Va.– A lawyer for a former Texas businessman who helped orchestrate a $100 million life insurance fraud scheme urged a federal appeals court Tuesday to toss out his convictions and 60- year prison sentence. A federal jury in 2011 convicted Adley Abdulwahab of Spring, Texas, on 15 counts of conspiracy, wire fraud, securities fraud and money laundering.

Steven E. Penman appointed Sedgwick chief operating officer

January 29, 2013

MEMPHIS, Tenn., Jan. 29, 2013/ PRNewswire/– Sedgwick announced today that Steven E. Penman has been named the company’s chief operating officer. Penman began his professional career at Blue Cross Blue Shield, programming the company’s Medicare claims system. “Thanks to Steve Penman’ s thirty-plus years of service with Sedgwick and his wealth of industry knowledge…

5 New Kansas Members Bring Over $65 Million In Premium Growth To CAA

January 29, 2013

Combined Agents of America, LLC announced its further expansion into Kansas with five new agency members, Fuqua Ruth Typer Insurance, SBS Insurance Agency, Keller-Leopold Insurance, Inc., Wood-Dulohery Insurance, and ICI Insurance Brokers. Especially as the first Kansas member to join CAA four years ago, I am thrilled that these new quality members are already…

Ways to Save on Homeowner’s Insurance in the New Year; America’s Top Insurance Lawyer, Frank N. Darras, Tells You How

January 29, 2013

As insurance companies compete with each other to attract new customers, homeowners have many options to help save on homeowner’ s insurance in the New Year. A few of the most well-known methods include installing smoke alarms and a home security system. A home security system may cost a little money, but you’ ll save it on insurance and have peace of mind,” says Frank N….

ESTABLISHING A LOCAL GOVERNMENT WELLNESS PROGRAM [PM. Public Management]

January 29, 2013

When employees are healthy and more productive, your organization thrives. Are you where you want and need to be when it comes to driving and promoting good health among your employees? We’ve put together this guide to help you do just that.

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