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GEICO alerts consumers to fraudulent glass repair scams

September 30, 2016

You are loading groceries in the back of your car and a stranger approaches, offering to quickly fix the small crack in your windshield. Be aware, it may be a scam. GEICO endorses several recommendations that the National Insurance Crime Bureau offers to prevent glass repair scams:.

Micky Yamatani is recognized by Continental Who’s Who

September 30, 2016

Licensed to practice law in both Hawaii and New York, Micky has been in practice since 1990. She has also worked in Japan, working in the legal department of one of the major insurance companies in Japan.. A member of Hawaii and New York Bar Associations, Micky received her JD from the University of Hawaii William S. Richardson School of Law and her Bachelor’s Degree…

Aetna Introduces New Value-Based Care Collaboration with Baptist Health & St. Vincent’s HealthCare

September 30, 2016

Aetna today announced a new value-based collaboration with Baptist Health& St. Vincent’ s HealthCare to deliver care more efficiently. The collaboration includes Baptist Health& St. Vincent’ s HealthCare physicians, hospitals and outpatient facilities in a robust network that offers members access to every level of health care service they need.

A.M. Best Affirms Credit Ratings of Hannover Rueck SE and Its Main Subsidiaries

September 30, 2016

A.M. Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of“ aa-” of Hannover Rueck SE and its main subsidiaries. Concurrently, A.M. Best has affirmed the Long-Term Issue Credit Ratings of the existing debt instruments issued by Hannover Re or by Hannover Finance S.A. and guaranteed by Hannover Re. The outlook of these Credit…

Regulations Q and Y; Risk-Based Capital and Other Regulatory Requirements for Activities of Financial Holding Companies Related to Physical…

September 30, 2016

Regulations Q and Y; Risk-Based Capital and Other Regulatory Requirements for Activities of Financial Holding Companies Related to Physical Commodities and Risk-Based Capital Requirements for Merchant Banking Investments. EFFECTIVE DATE: Comments must be received on or before December 22, 2016. Frierson, Secretary, Board of Governors of the Federal…

Loan Application Defect and Fraud Risk Declines Due to Increased Demand for FHA Purchase Loans, According to First American Loan Application Defect Index

September 30, 2016

First American Financial Corporation, a leading global provider of title insurance, settlement services and risk solutions for real estate transactions, today released the First American Loan Application Defect Index for August 2016, which estimates the frequency of defects, fraudulence and misrepresentation in the information submitted in mortgage…

Wells Fargo stuck man with pricier flood insurance

September 30, 2016

Sept. 30– Long Branch resident Steven Schrenk never asked for more flood insurance. But for some reason, Wells Fargo Home Lending paid a higher flood insurance premium to Selective Insurance, an increase of about $3,700. In August, Schrenk and his wife, Jennifer Smiga, received a letter from Wells Fargo Home Lending informing him that the escrow portion of his…

Rubio Works to Protect Seniors from Surprise Health Care Costs

September 30, 2016

Washington, D.C.- U.S. Senator Marco Rubio is requesting the Centers for Medicare& Medicaid Services review its policy of “seamless conversion” to ensure seniors are being properly notified of their automatic enrollment in a Medicare plan when they reach the age of 65.. As the Miami Herald recently reported, “A special Medicare provision that allows private…

STATEMENT BY SENATOR McCAIN ON OBAMA ADMINISTRATION VIOLATING LAW IN OBAMACARE IMPLEMENTATION

September 30, 2016

Washington, D.C.- U.S. Senator John McCain today released the following statement of the Government Accountability Office investigation that found the Obama Administration is violating the rule of law in its implementation of Obamacare:. “Today, a nonpartisan government watchdog found that the Obama Administration is once again implementing Obamacare in…

Royce Pushes Level Playing Field for U.S. Insurers

September 30, 2016

U.S. Representative Ed Royce, Chairman of the House Foreign Affairs Committee, questioned witnesses about the importance of a U.S.- E.U. covered agreement to protect American insurance firms and consumers during a Housing and Insurance Subcommittee hearing entitled “The Impact of the U.S.- E.U. My concern, which I stated at the time, was that without action U.S….

Discredited ‘public option’ will fail

September 30, 2016

And despite repeated promises from President Obama that healthcare costs would decline, the law looks to wield even more negative financial consequences on middle-class Americans. This dire reality is Obamacare’s past, present and future; and it is rooted in the law’s fundamental failure to tackle costs and embrace the competition and transparency…

Nonpartisan Watchdog Rules Obamacare Reinsurance Scheme Unlawfully Diverting Billions From Taxpayers

September 30, 2016

The leaders urged the Comptroller General of the United States this spring to publish a legal opinion on the Centers for Medicare and Medicaid Services’ decision to ignore federal law, and a previous CMS regulation that required taxpayers and the Treasury be paid under the Obamacare reinsurance program. To date, CMS has ignored the rule of law to divert…

GAO Rules Obamacare Reinsurance Unlawfully Diverting Billions From Taxpayers

September 30, 2016

The leaders urged the Comptroller General of the United States this spring to publish a legal opinion on the Centers for Medicare and Medicaid Services’ decision to ignore federal law, and a previous CMS regulation that required taxpayers and the Treasury be paid under the Obamacare reinsurance program. To date, CMS has ignored the rule of law to divert…

Speaker Ryan in Right Wisconsin: Obamacare Turns 3: There’s a Better Way

September 30, 2016

Obamacare Turns 3: There’s a Better Way. It will protect Medicare for today’s seniors and preserve the program for future generations. By putting the patient-doctor relationship first and applying free market principles, House Republicans have offered a better way to fix America’s health care system. “

MetLife Wins 2016 Novarica Research Council Impact Award for Data Initiative

September 30, 2016

The members of the Novarica Insurance Technology Research Council, a membership group of hundreds of insurer CIOs, have selected MetLife as the winner of this year’ s Novarica Research Council Impact Award for a Data Initiative at a Large Insurer. “We congratulate MetLife on the peer recognition of their successful initiative,” said Matthew Josefowicz,…

A.M. Best Affirms Credit Ratings of AXA Financial, Inc. and Certain Subsidiaries

September 30, 2016

A.M. Best has affirmed the Long-Term Issuer Credit Rating of“ a-” and the Long-Term Issue Rating and the Short-Term Issue Rating of AXA Financial, Inc., as well as the Financial Strength Rating of A+ and the Long-Term ICR of“ aa-” of its lead operating subsidiary, AXA Equitable Life Insurance Company. AXA Financial benefits from a diversified and productive…

Blaine High remains closed after ‘significant’ electrical blast

September 30, 2016

Sept. 30– BLAINE– A powerful explosion at Blaine High School on Wednesday night, Sept. 28, closed the city’s public schools for Thursday, Sept. 29, and the high school for an undetermined length of time, city officials said. Classes will resume Friday, Sept. 30, at all Blaine schools except the high school, said Superintendent Ron Spanjer. Cause of the blast was unknown, but…

Endangered and Threatened Wildlife and Plants; Endangered Status for 49 Species From the Hawaiian Islands

September 30, 2016

SUMMARY: We, the U.S. Fish and Wildlife Service, determine endangered status under the Endangered Species Act of 1973, as amended, for 10 animal species, including the Hawaii DPS of the band-rumped storm-petrel, the orangeblack Hawaiian damselfly, the anchialine pool shrimp, and seven yellow-faced bees, and for 39 plant species from the Hawaiian Islands.

Investigators at Brigham and Women’s Hospital Discuss Findings in Affordable Care Act (Early Impact of the Affordable Care Act on Uptake of…

September 30, 2016

By a News Reporter-Staff News Editor at Insurance Weekly News– Researchers detail new data in Affordable Care Act. According to news originating from Boston, Massachusetts, by VerticalNews correspondents, research stated, “The Affordable Care Act required most private insurance plans to cover contraceptive services without patient cost-sharing as of…

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