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A.M. Best Affirms Ratings of Torchmark Corporation and Its Subsidiaries

June 11, 2012

A.M. Best Co. has affirmed the financial strength ratings of A+ and issuer credit ratings of“ aa-” of the life/health subsidiaries of Torchmark Corporation. Concurrently, A.M. Best has affirmed the ICR of“ a-” and all existing debt ratings of Torchmark. Key subsidiaries of Torchmark include American Income Life Insurance Company, which focuses on labor unions;…

NCAA® to Debut Title IX Anniversary Documentary “Sporting Chance” presented by Northwestern Mutual on ESPN2

June 11, 2012

The NCAA, in conjunction with ESPN and Creative Street Entertainment, will celebrate the 40 th anniversary of Title IX and recognize individuals who helped shape the ground-breaking equity law with the documentary premiere “Sporting Chance” presented by Northwestern Mutual. The documentary will debut on ESPN2 on June 23, the anniversary date of Title IX, at…

CSC Extends Business Process Services Contract with Northstar Financial

June 11, 2012

CSC today announced Northstar Financial Services Ldt., a Bermuda- based insurance company, has extended its business process services agreement for an additional five years. “Our outsourcing relationship with CSC has enabled Northstar to cost-effectively modernize our operations, strengthening our ability to introduce new products quickly and enhance…

A.M. Best Downgrades Ratings of Tennessee Farmers Mutual Insurance Company and Its Affiliate

June 11, 2012

A.M. Best Co. has downgraded the financial strength rating to A+ from A++ and issuer credit ratings to“ aa” from“ aa+” of Tennessee Farmers Mutual Insurance Company and its affiliate, Tennessee Farmers Assurance Company. Additionally, A.M. Best has affirmed the FSR of A+ and ICR of“ aa-” of Tennessee Farmers Life Insurance Company. Tennessee Farmers has a geographic…

Linthicum: Church awards outreach scholarship [Maryland Gazette (MD)]

June 11, 2012

Friendship Church of the Brethren outreach commission each year awards a graduating senior from the church community a $250 scholarship to help support the educational goals of the recipient. “It also is a symbol of support that our congregation has to share and a symbol of promise that we the members of Friendship Church will stand behind our youth to help in…

ACE Adds Accident Coverage To Pollution And Casualty Form

June 11, 2012

“We’re pleased to offer accident insurance and risk management solutions to address serious work-related injuries that can have a devastating impact on employees and their families,”….

Ebix Completes Acquisition of PlanetSoft

June 11, 2012

ATLANTA, June 11, 2012– Ebix, Inc., a leading international supplier of On-Demand software and E-commerce services to the insurance industry, today announced that the acquisition of PlanetSoft, Inc. was completed on Friday June 8, 2012. PlanetSoft and Ebix Exchange products will give Ebix the unique ability to converge insurance and investment operations…

A.M. Best Affirms Ratings of United Fire Group, Inc. and Its Subsidiaries

June 11, 2012

A.M. Best Co. has affirmed the financial strength rating of A and issuer credit ratings of“ a” of the property/casualty subsidiaries of United Fire Group, Inc., which operate under an inter-company pooling agreement led by United Fire and Casualty Company. Concurrently, A.M. Best has affirmed the ICR of“ bbb” of UFG. At the same time, A.M. Best has affirmed the FSR of A- and…

LifeLock and Excelsior Companies Partner with Premier National Benefits to Expand Product Distribution

June 11, 2012

June 4, 2012 Norfolk, NE – Premier National Benefits, a division of Premier Companies, is excited to announce that it…

Health care legislation at center of GOP’s deciding race for state House District 68 [Tulsa World, Okla.]

June 11, 2012

June 11– Tulsa Republican Glen Mulready walked straight into a crossfire during his first term in the Oklahoma House of Representatives. One of those critics, Jenks insurance broker Darren Gantz, is now challenging Mulready in the June 26 GOP primary. The newly redrawn district, which formerly included part of Sand Springs, now runs from Berryhill south to the…

Fitch Expects to Rate MMAF Equipment Finance LLC 2012-A; Presale Issued

June 11, 2012

Fitch Ratings expects to assign the following ratings and Outlooks to the class A notes issued by MMAF Equipment Finance LLC 2012- A:. –$144,000,000 class A-1 notes’ F1+ sf’;. –$151,000,000 class A-2 notes’ AAAsf;’ Outlook Stable;.

Florida Blue: Meet The Man Behind The New Brand

June 11, 2012

The man behind the new brand is Mark Lee, vice president for brand development for Florida Blue, formerly Blue Cross and Blue Shield of Florida…

Hogan Insurance Services Partners with Succeed Management Solutions, LLC to Bring a Culture of Safety to their Clients

June 11, 2012

Hogan Insurance Services, a privately held Workers’ Compensation specialty agency located in Thousand Oaks, California, will be adding the Succeed Risk Management Center as their newest offering of proactive risk management services. Hogan Insurance Services will be able to extend a multitude of valuable resources via the Risk Management Center, which…

Phoenix Launches New Indexed Annuity

June 11, 2012

Designed for individuals approaching or already in retirement, Personal Protection Choice also features six indexed accounts, a fixed account and principal protection from investment loss…

Howard Tollin Joins Sterling & Sterling As President Of Environmental Division

June 11, 2012

WOODBURY, N.Y., June 11, 2012/ PRNewswire/– Sterling& Sterling, Inc. today announced that Howard Tollin has joined the private insurance brokerage as President of Sterling Environmental Services. In this newly-created position, he will report to Leslie Nylund, President, and be responsible for working closely with clients on evaluating and managing corporate…

Russell Posts Preliminary Lists of Global / U.S. Index Additions as Part of Annual Reconstitution Process

June 11, 2012

Russell Investments has posted its official lists of companies set to join or leave the U.S. broad-market Russell 3000 ® Index and Russell Microcap ® Index when its industry-leading institutional U.S. equity indexes are fully reconstituted on June 22. The combined capitalization of stocks in the Russell 3000, which reflects about 98% of the investable…

Health Insurance Provider, Sofi Insurance, is Now Offering Methods for Finding Affordable Comprehensive Health Insurance Plans

June 11, 2012

Los Angeles, CA June 11, 2012. In order for businesses, families, couples, and single individuals to receive affordable health coverage, one insurance provider, Sofi Insurance, is now offering comprehensive policies to all those in need of unparalleled health insurance. This process has not always been easy, but Sofi Insurance has forever changed the way in which…

Accident Fund Holdings, Inc. Names Carney Chief Underwriting Officer

June 11, 2012

“Bill brings not only extensive underwriting experience and expertise, but also a leadership style that makes him a great fit for this role,” Liz Haar, president and CEO of Accident Fund Holdings, said. ” Other insurance companies Carney worked for include Aetna Life& Casualty, Penn National Insurance, GE Insurance Solutions, ACE USA, as well as for the Department of…

GuideOne Insurance Selects Guidewire Solution for Claims Management

June 11, 2012

WEST DES MOINES, Iowa& SAN MATEO, Calif.—- GuideOne Insurance, a national niche market insurer, and Guidewire Software, Inc., a provider of core system software to Property/Casualty insurers, today announced that GuideOne has selected Guidewire ClaimCenter ® as its new claims management system. GuideOne Insurance sought to simplify its claims operations by…

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