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Foresters, KaBOOM! & Volunteers Revitalize Pico Rivera Community with New Playground

April 28, 2012

PICO RIVERA, CA, April 28, 2012/ PRNewswire/- A dream is now a reality for children in Pico Rivera as their drawings were turned into a new playground today. In less than eight hours, the play space was built with the help of more than 200 volunteers from Foresters TM, the City of Pico Rivera, the Pico Boys Baseball League and non-profit KaBOOM! Planning for the playground…

If You Are Planning to Remodel Your Home, Notify Your Insurance Company First

April 28, 2012

The Insurance Information Institute issued the following news release:. Home improvement activity is expected to pick up in 2012, and if you are one of the many Americans planning to remodel your home this year, it is important to have the right amount and type of insurance both during and after the renovation, according to the Insurance Information Institute.

New Hampshire House of Representatives Issued the House Calendar No. 34, April 27, 2012

April 28, 2012

CONCORD, N.H., April 27- The New Hampshire House of Representatives issued the following calendar:. The House will meet in Session on Wednesday, May 9, 2012 at10: 00 a.m. The Louisiana legislature has passed a concurrent resolution applying “for an amendments convention to be called for the purpose of proposing an amendment to the Constitution of the United States…

Hawaii iced out of health insurance rebates [Honolulu Star-Advertiser (HI)]

April 28, 2012

Consumers and businesses in every state but Hawaii are expected to share in $1.3 billion in rebates from health insurers under President Barack Obama’s health care overhaul, a Kaiser Family Foundation analysis found. The largest checks based on the national average, $127 each, will go to consumers and employers in Texas and Florida. Rick Perry and Florida Gov.

Obama’s Crony Capitalism and His Top 2008 Donors [New American, The]

April 28, 2012

President Obama raised several hundred million dollars during the 2008 election, more than twice what Republican rival John McCain raised and a far cry more than any other U.S. During the 2008 election cycle, Obama raised a record-breaking $745 million, with some of his largest campaign contributions streaming from Google, Microsoft, General Electric,…

Leading Investments Industry Figure Joins Wellcome Trust Board of Governors

April 28, 2012

Wellcome Trust issued the following news release:. Alan’s other responsibilities include Chairman of the Board of the Carbon Disclosure Project, and Chairman and Treasurer of the Foundation Board for the Centre for Economic Research and Graduate Education in Prague. He is a Director of the Investment Management Association, an alternate member of the…

BRIEF: Man, 40, pleads guilty to felony insurance fraud [Ventura County Star, Calif.]

April 28, 2012

April 28– A 40- year-old man has pleaded guilty to felony insurance fraud in a case investigated by Simi Valley police, the Ventura County District Attorney’s Office announced today. Charles Saab, of Porter Ranch, pleaded guilty Thursday to defrauding an insurer, a felony, and filing a false police report, a misdemeanor, prosecutors said in a statement.

Strong Consumer Protection Bills Sponsored by Insurance Commissioner Dave Jones Move Forward in California State Legislature

April 28, 2012

The California Department of Insurance issued the following news release:. Insurance Commissioner Dave Jones today announced that a package of consumer protection bills that he and the California Department of Insurance are sponsoring is moving successfully through the legislative process. AB 1921, authored by Assembly Member Jerry Hill, passed out of…

Insurance Commissioner Dave Jones Applauds Passage of SB 1431 By Senate Health Committee

April 28, 2012

The California Department of Insurance issued the following news release:. Insurance Commissioner Dave Jones announced today that the California Senate Health Committee passed SB 1431, authored by Senator Kevin de Leon, by a vote of 5 to 3. SB 1431 is sponsored by Commissioner Jones and the Department of Insurance. Rather than prohibiting the sale of…

Financial Advisor Sentenced to Federal Prison for Defrauding Investors

April 28, 2012

Patrick Sullivan, 51, of Providence, RI, formerly a registered financial advisor, has been sentenced to twenty-one months in federal prison for converting more than $450,000 of investors’ funds for his own personal and business use, announced United States Attorney Peter F. Neronha. According to information presented to the court, in 2005, while he was an…

Consumer Watchdog Campaign: Consumer Advocates, Patients Deliver Blank Check to Health Insurers Representing the Hundreds Of Millions More Patients…

April 28, 2012

One million Californians- the “May Million”- will pay premium increases as high as 20% for their health insurance with Anthem Blue Cross, Health Net and UnitedHealthcare on May 1st. This week, Anthem Blue Cross parent company CEO Angela Braly told investors that California doesn’t need the health insurance rate regulation initiative because federal law…

Joelson named chief investment officer at Northwestern Mutual [Milwaukee Journal Sentinel]

April 28, 2012

April 28– Northwestern Mutual Life Insurance Co. announced Friday that Ron Joelson will become the company’s chief investment officer effective June 4. Joelson is now the chief investment officer of Genworth Financial. Joelson, who manages all aspects of Genworth’s $75 billion investment portfolio, spent the majority of his career at Prudential Financial,…

A.M. Best Downgrades Ratings of Southern Mutual Church Insurance Company [Manufacturing Close – Up]

April 28, 2012

A.M. Best Co. has downgraded the financial strength rating to A- from A and issuer credit rating to “a-” from “a” of Southern Mutual Church Insurance Company. The outlook reflects A.M. Best’s concern that further storm activity may materially impact earnings and capitalization as well as the execution risk associated with management’s turnaround efforts.

Fitch Affirms Maxseguros EPM Ltd’s IFS Rating at ‘BBB’; Outlook Stable [Manufacturing Close – Up]

April 28, 2012

Fitch Ratings has affirmed Maxseguros EPM Ltd’s Insurer Financial Strength rating at’ BBB’. This captive reinsurance company is a core subsidiary in charge of managing the risks and structuring the insurance coverage for EPM Group. Empresas Publicas de Medellin has a Fitch rated Local Currency Issuer Default Rating of’ BBB’ with a Stable Outlook.

GENWORTH FINANCIAL INC FILES (8-K) Disclosing Change in Directors or Principal Officers

April 27, 2012

On April 25, 2012, Ronald P. Joelson resigned his position as Senior Vice President- Chief Investment Officer of Genworth Financial, Inc. effective as of April 30, 2012. Mr. Joelson is leaving the Company to join The Northwestern Mutual Life Insurance Company as its Chief Investment Officer. Mr. Sheehan has been with the Company since its initial public offering…

Northwestern Mutual Names Ron Joelson Chief Investment Officer

April 27, 2012

Ron Joelson, current chief investment officer of Genworth Financial, will join Northwestern Mutual on June 4 and succeed Mark Doll as the company’s next chief investment officer. Joelson graduated in 1980 from Hamilton College in Clinton, N.Y., with a bachelor’s degree in economics and government. He earned his M.B.A. from Columbia University’ s Graduate School…

LIFEPOINT HOSPITALS, INC. – 10-Q – Management’s Discussion and Analysis of Financial Condition and Results of Operations.

April 27, 2012

Additionally, unless the context indicates otherwise, LifePoint Hospitals, Inc. and its subsidiaries are referred to in this section as “we,” “our,” or “us.” We make forward-looking statements in this report, other reports and in statements we file with the United States Securities and Exchange Commission and/or release to the public. Broadly speaking,…

MGIC’s CEO, 4 others re-elected as directors

April 27, 2012

MILWAUKEE– Mortgage insurer MGIC Investment Corp. announced Friday that its shareholders re-elected five board members, including Chairman and CEO Curt Culver four independent directors. The outside directors are Timothy Holt, who was senior vice president and chief investment officer of Aetna Inc. until his retirement in 2008; William McIntosh, who…

Aflac Ranks 214 on 2012 Forbes Global 2000 List

April 27, 2012

Aflac Ranks 214 on 2012 Forbes Global 2000 List. COLUMBUS, Ga., April 27, 2012/ PRNewswire/– Aflac, the number one. provider of supplemental insurance in the United States, serving more.

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