National Mortgage Insurance Corporation announced today that it has agreed to insure an amount approximating $5 billion in residential mortgages in its first risk transfer transaction with Fannie Mae, with an expected effective date in the third quarter of 2013. The transaction is contingent on National MI receiving regulatory approval of the pool…
Newswires
SAN FRANCISCO, July 31, 2013/ PRNewswire/– Heffernan Insurance Brokers, one of the largest full-service, independent insurance brokerage firms in the United States, is pleased to announce that it was named a’ Top Corporate Philanthropist’ in the Bay Area by the San Francisco Business Times. Heffernan Foundation, the Charitable Giving Program of Heffernan…
GC Securities, a division of MMC Securities Corp., a U.S. registered broker-dealer and member FINRA/NFA/ SIPC, today announced the placement of the Series 2013-1 Notes, with notional principal at $200,000,000, through a newly formed catastrophe bond shelf program, MetroCat Re Ltd., to benefit First Mutual Transportation Assurance Company, a New York State…
Women in San Antonio now have access to a new, highly advanced breast cancer diagnostic tool that improves the clarity and reliability of mammogram results. Avestée Women’ s Imaging Center, conveniently located at 303 W. Sunset Road in San Antonio, has acquired 3 D Digital Breast Tomosynthesis technology and is now available for patients seeking state of the…
Medicare, Medicaid, and Children’s Health Insurance Programs: Announcement of Temporary Moratoria on Enrollment of Ambulances Suppliers and Providers and Home Health Agencies in Designated Geographic Areas. Under the Patient Protection and Affordable Care Act, as amended by the Health Care and Education Reconciliation Act of 2010, the Congress provided…
If you have long-term care insurance, you’ve probably received a notice that your premium is increasing. Many companies have raised or will be raising premiums, said Sharon Luker, a Plano, Texas, certified financial planner who specializes in long-term care insurance. When Linda and Leonard Behr of Dallas each got a notice last year of a 20 percent premium…
July 31– WARRENSBURG– The Western Missouri Medical Center board approved a new mission statement and revised performance pillars recommended by consultants working on the hospital’s 2014 strategic plan. David Blish and Nathan Mowery of Navigant presented a plan update and a required community health needs assessment to the board Friday.
How will they impact health care in North Carolina? Participating were S. Lewis Ebert, president and CEO of Raleigh- based North Carolina Chamber; Karen Gledhill, shareholder and co-chair of Charlotte- based Robinson, Bradshaw& Hinson PA’s Health Care Practice Group; Dr. Steven Gold, primary-care physician at Hickory- based Frye Regional Medical Center and…
Long-term care (98%); cosmetic surgery (98%) and infertility treatments (94%) lead the list of the most common services not covered by insurance…
The following analysis discusses our financial condition as of June 30, 2013, compared with December 31, 2012, and our consolidated results of operations for the three and six months ended June 30, 2013 and 2012, prepared in conformity with U.S. The discussion should be read in conjunction with our Form 10- K, for the year ended December 31, 2012, filed with the…
John Hancock said today that it has launched the John Hancock Global Conservative Absolute Return Fund to new sales for Class A, Class I and Class R6 shares. “Our new John Hancock Global Conservative Absolute Return Fund is yet another example of our strategy of providing investors and financial advisors exclusive access to an array of alternative investing…
Since its founding in 1928, Farmers Insurance has placed a premium on the importance of integrity, service, strength and stability for the benefit of its customers. Drawing on that 85- year heritage, Farmers has unveiled a new, corporate logo that connects the Los Angeles- based company’s rich past with its promising future. “Our new logo is meant to be…
A majority of fitness center owners are underinsured and exposed to hidden risks that could ruin their business. With this in mind, Wood Gutmann& Bogart Insurance Brokers today announced five key risks that fitness center owners can address to protect their business. “Even the best run fitness centers are vulnerable, because of the nature of their business,”…
RADNOR, Pa. and SOUTHFIELD, Mich., July 31, 2013/ PRNewswire/– Essent Guaranty, Inc., a nationwide provider of mortgage insurance, and Mortgage Builder Software, Inc., a leader in end-to-end residential lending software, announced today the availability of Essent MI through Architect, Mortgage Builder’s award-winning loan origination solution.
LOS ANGELES and NEW YORK, July 31, 2013/ PRNewswire/– Ares Management LLC and Alleghany Corporation announced today a new strategic partnership. Alleghany invested $250 million for a 6.25% equity ownership interest in Ares, which is privately held, and also committed to invest up to $1 billion of capital in various existing and new Ares investment strategies.
DALBAR, Inc. and North American Professional Liability Insurance Agency, LLC have formed a strategic alliance offering DALBAR 3 Certification and reduced costs on professional liability insurance. The DALBAR 3 Certification is the only recognized program of its kind that provides investment managers with a powerful combination of due diligence and…
Today, Carpe Aquam Capital LLC announced it will launch a BurkeyLoan program for the new residential construction market. Expanding on its trademarked, The More Affordable Mortgage, the program will eliminate the need for mortgage insurance and dramatically increase buying power for consumers with good credit. Carpe Aquam Capital LLC is a financial…
Today, Analysts’ Corner announced new research reports highlighting Aflac Inc., Unum Group, SEI Investments Co., Ares Capital Corporation, and Apollo Global Management, LLC. On July 26, 2013, Aflac Inc. announced that Aflac Japan and Japan Post Holdings have entered into a new agreement to further expand their partnership, which was initially established in…
Decision Research Corporation, a leading software solutions provider to the property& casualty insurance industry, announced today that Mark Burkhart has joined the company as Vice President of Sales and Marketing. Burkhart will oversee DRC’s marketing of its newly released GameChanger™ Suite for Policy Administration, Claims, Billing, Mobile, and…
