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Arch Capital Group Ltd. Announces $450 Million Public Offering of Depositary Shares Representing Series E Preferred Shares

September 30, 2016

By a News Reporter-Staff News Editor at Insurance Weekly News– Arch Capital Group Ltd. announced that it has priced an underwritten public offering of 18,000,000 Depositary Shares, each of which represents a 1/ 1,000th interest in a 5.25% Non-Cumulative Preferred Share, Series E, of ACGL. The offering is being led by Credit Suisse Securities LLC, Merrill Lynch,…

New Medicare and Medicaid Study Results Reported from University of Miami (Intersocietal Accreditation Commission Accreditation Status of Outpatient…

September 30, 2016

New Medicare and Medicaid Study Results Reported from University of Miami. By a News Reporter-Staff News Editor at Insurance Weekly News– Current study results on Medicare and Medicaid have been published. Our news journalists obtained a quote from the research from the University of Miami, “Our study objectives were to identify the proportion of…

Alabama Leads the U.S. with Largest Number of FORTIFIED Homes

September 30, 2016

Builders like D.R. Horton in the Mobile/ Baldwin County area are implementing the Insurance Institute for Business& Home Safety’s FORTIFIED Home™- Hurricane superior building standards. “While we always strive to build homes to high structural standards, we are pleased to participate in the FORTIFIED Home program and to offer D.R. Horton customers in Mobile and…

Joseph L. McKillips, CSP, Named New Executive Director of NETS

September 30, 2016

By a News Reporter-Staff News Editor at Journal of Transportation– The Network of Employers for Traffic Safety, the public-private partnership dedicated exclusively to reducing traffic crashes both on and off the job, has announced the selection of Joseph L. McKillips as its new executive director. He was also a participating member of the ANSI/ASSE Z-15.1…

Medical Mutual of Ohio Earns National Honor For Workforce Well-being Program

September 30, 2016

By a News Reporter-Staff News Editor at Insurance Weekly News– Medical Mutual of Ohio is one of 13 U.S. employers to receive the 2016 Best Employers for Healthy Lifestyles ® Platinum Award for having one of the best workforce well-being programs in the nation. The National Business Group on Health, a non-profit association of 425 large U.S. employers, announced…

Gwg Holdings, Inc. Files SEC Form 8-K, Current Report (Sept. 19, 2016)

September 30, 2016

By a News Reporter-Staff News Editor at Insurance Weekly News– According to news reporting originating from Washington, D.C., by VerticalNews journalists, a U.S. Securities and Exchange Commission filing by Gwg Holdings, Inc. was posted on September 19, 2016. The SEC file number is 0001213900-16-016857.. A U.S. Securities and Exchange Commission filing is a…

Abney to Lead Rockhill Insurance Group Environmental Underwriting Unit

September 30, 2016

By a News Reporter-Staff News Editor at Insurance Weekly News– Rockhill Insurance Group, a member of the State Auto Insurance Group, announced that Jack Abney will lead its environmental underwriting unit as vice president- environmental. Abney has worked in Rockhill’s general binding and business development units, and will continue to work with Rockhill…

Capgemini and inQuba Join Forces to Deliver State-of-the-Art Customer Experience for Insurance

September 30, 2016

By a News Reporter-Staff News Editor at Insurance Weekly News– Capgemini, a global leader in consulting, technology and outsourcing services, and inQuba, a global innovator in Customer Experience orchestration software, announced the signing of a formal strategic partnership agreement with Capgemini’s Global Financial Services Strategic Business Unit…

Haven Life Announces the Best Day Ever for Life Insurance Buyers No Medical Exam

September 30, 2016

By a News Reporter-Staff News Editor at Insurance Weekly News– Haven Life is proud to announce InstantTerm: a ridiculously easy solution for buying fully underwritten term life insurance entirely online without a medical exam– and all at the same affordable rate. Haven Life, backed by leading insurer Massachusetts Mutual Life Insurance Company, has…

Payout could ensure Act II for Civic

September 30, 2016

Sept. 30– A potential insurance payout of more than $200,000 could save the condemned Lewiston Civic Theatre, according to the contractor slated to repair the building’s damaged roof. Mark Heuett of Clarkston said he has been working closely with Farmers Alliance Mutual Insurance and should find out next week if the claim is approved. Civic Theatre…

Sen. Warner Introduces Bill on Reinsurance With Non-Taxed Affiliates

September 30, 2016

Mark R. Warner, D- Va., has introduced legislation to amend the Internal Revenue Code of 1986 “to prevent the avoidance of tax by insurance companies through reinsurance with non-taxed affiliates.” For more information about this legislation, contact Sen. Warner in Washington at 202/ 224-2023; or in the state office at 919 E. Main St., Ste. 630, Richmond, VA 23219; 804/…

Three Cape Vincent brothers, in a first for Honor Flight Syracuse, ready for Washington, D.C.

September 30, 2016

CAPE VINCENT– Three brothers, born in the same house here where one of them still lives, will be honored for their service to the country on Saturday with an Honor Flight trip to Washington, D.C.. James and Harold live in Cape Vincent. Philip lives in Spencerport, Monroe County, but spends summers in Cape Vincent.

Researchers’ Work from University of Georgia Focuses on Drug Policy (The United States’ Federal Parity Act and treatment of substance use disorders:…

September 30, 2016

Researchers’ Work from University of Georgia Focuses on Drug Policy. According to news reporting originating from Athens, Georgia, by VerticalNews correspondents, research stated, “The 2008 Wellstone and Domenici Mental Health Parity and Addiction Equity Act aims to secure parity in private insurance coverage between behavioral and other medical…

New Affordable Care Act Study Results from Kaiser Permanente Described (Changes in Premiums of Cancelled Nongroup Plans Under the Affordable Care Act)

September 30, 2016

By a News Reporter-Staff News Editor at Insurance Weekly News– Research findings on Affordable Care Act are discussed in a new report. According to news reporting from Rockville, Maryland, by VerticalNews journalists, research stated, “To examine the effect of the Affordable Care Act on changes in premiums for subscribers of nongrandfathered, nongroup…

AXA Lowers Rates on Term Life Insurance Policies

September 30, 2016

By a News Reporter-Staff News Editor at Insurance Weekly News– AXA, a leading financial protection company, has announced changes to its BrightLife ® Term insurance product, including lower rates and easier processing on an offering that already has some of the industry’s best conversion privileges to permanent coverage. “Since September is’ Life Insurance…

Federal Court Certifies Nationwide Class Action Filed by Psych-Appeal and Zuckerman Spaeder Challenging United Behavioral Health Coverage Criteria

September 30, 2016

By a News Reporter-Staff News Editor at Insurance Weekly News– In a significant mental health ruling, the United States District Court for the Northern District of California has come one step closer to ordering health insurance giant United Behavioral Health to revamp its medical necessity criteria and reprocess thousands of outpatient, intensive…

Progressive insurance hiring 127 in Colorado Springs

September 30, 2016

Sept. 30– Insurance giant Progressive Corp. said Thursday that it plans to hire 127 people for its Colorado Springs call center and information technology operation by year’s end as part of a nationwide hiring effort. The company is trying to fill 1,300 openings in information technology in Colorado Springs and Cleveland; data analysis in Cleveland, customer…

Wayne Insurance Group Selects Finys for Core System Replacement

September 30, 2016

By a News Reporter-Staff News Editor at Insurance Weekly News– Innovative Computer Systems, developer of the Finys Suite, a complete core administration solution for property and casualty insurance organizations writing personal and commercial lines, is pleased to announce that Wayne Insurance Group recently selected Finys to replace an aging core…

Tufts Health Freedom Plan and Northeast Delta Dental Partner to Improve Oral, Overall Health

September 30, 2016

By a News Reporter-Staff News Editor at Insurance Weekly News– Recognizing that oral and overall health are linked, Tufts Health Freedom Plan and Northeast Delta Dental announced a new partnership with the goal of improving the overall health of Tufts Health Freedom Plan members. As part of the arrangement, Northeast Delta Dental becomes a minority…

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