Following a recent report from the Insurance Information Institute showing another estimated uptick in consumers’ annual coverage costs, Online Auto Insurance is advising that consumers who have seen this trend reflected in their own premium bills take advantage of the competitive marketplace and shop around. The average auto insurance expenditure is…
Newswires
The New Jersey Department of Banking and Insurance issued the following news release:. Recent disasters such as Tropical Storm Irene, the wildfires in southern New Jersey and the apartment building fire in Woodbridge all call attention to the vital role that homeowners and renter’s insurance plays in helping consumers rebuild their homes and replace their…
Urine tests required by new drug law can cost patients hundreds of dollars [Lexington Herald-Leader]
Sept. 28– To curb prescription drug abuse, Kentucky started in July requiring people with long-term prescriptions for controlled substances to submit to urine testing. In Lexington, retired nurse Cynthia Burton grudgingly followed the rules Aug. 14 by urinating into a plastic cup so she could get a refill of her insomnia medicine. Last week, Burton’s insurance…
Sept. 27– The fiance of an Amherst woman found dead on a rural road in Orchard Park three years ago has been charged with killing her as part of a scheme to collect on her life insurance policy. Ronald Epps, 44, is accused of shooting Angela M. Moss in the back of the head on the night of Aug. 28, 2009, leaving her for dead, and just a few days later filing a claim with her…
Sept. 27– The fiance of an Amherst woman found dead on a rural road in Orchard Park three years ago, has been charged with murdering her as part of a scheme to collect on her life insurance policy. Ronald Epps, 44, is accused of shooting of Angela M. Moss in the back of the head on the night of Aug. 28, 2009, leaving her for dead, and just a few days later filing a claim with her…
Wells Fargo Insurance 1, part of Wells Fargo& Company, today announced that Neal Aton, head of its Centralized Insurance Business, has been named president and chairman of the American Bankers Insurance Association for the 2013 term year. Neal Aton, Wells Fargo Insurance. Aton joined Wells Fargo Insurance, as president in 2005 and oversaw the development of its…
The Washington state Department of Health issued the following news release:. section of the Department of Health home page. In September 2012 the Nursing Commission indefinitely suspended the credential of licensed practical nurse Sharon E. Hilker.
The calendar year 2013 AIC threshold amounts are $140 for ALJ hearings and $1,400 for judicial review. SUPPLEMENTARY INFORMATION: Section 1869 of the Social Security Act, as amended by section 521 of the Medicare, Medicaid, and SCHIP Benefits Improvement and Protection Act of 2000, established the amount in controversy threshold amounts for Administrative…
Techdan, LLC, which, at the time of the crime was located at 2092 Rt. 130 North in Florence, pleaded guilty yesterday to second-degree theft by deception before Superior Court Judge James W. Palmer, Jr. in Burlington County. Under the plea agreement, Techdan, LLC has agreed to pay $75,000 in restitution. In pleading guilty, Techdan, LLC admitted that between March 12,…
Towers Watsonhas launched MoSes Azure, a software integration product that enables life insurers to run MoSes financial models in Microsoft Windows Azure Cloud Services. With the introduction of MoSes Azure, insurers can now run their MoSes models distributed…
Aon Risk Solutions, the global risk management business of Aon plc, announced the appointment of Robert Stein as U.S. middle market chief broking officer. Most recently, he was a managing director with Marsh’s Market Consulting Group, where he was integral to the development of a suite of consulting products and services. Previously, he was the northeast sales…
Under national health care reform, insurance policies in Maryland will be required to cover acupuncture for pain management and chiropractic care in certain cases. The state panel charged with implementing health care reform in Maryland voted Thursday to include these…
Research carried out by AXA Insurance found that 50% of people put their ambitions on hold due to the expense, followed by 41% not having enough time. AXA’ s Home Challenge competition aims to help people make the most of 2012 by giving them the much-needed monetary boost to help complete their goals, the top five for those in London being: 1. Decorate rooms in the…
Personal Care& Assisted Living Insurance Center, LLC, a national insurance agency that specializes in offering insurance protection for assisted living facilities and adult family homes across the country has announced the debut of their new division, Pet Protection Pak. “This new dog liability insurance provides pet owners with reassurance and peace of…
In a release on September 21, the Company noted that additionally, A.M. Best has assigned an FSR of A- and an ICR of “a-” to Utica Mutual’s subsidiary, Utica National Insurance Company of Ohio. Concurrently, A.M. Best has affirmed the FSR of A- and ICR of “a-” of Founders Insurance Company. The outlook reflects A.M. Best’s expectations that future results will stabilize and…
Sept. 27– To curb prescription drug abuse, Kentucky started in July requiring people with long-term prescriptions for controlled substances to submit to urine testing. In Lexington, retired nurse Cynthia Burton grudgingly followed the rules Aug. 14 by urinating into a plastic cup so she could get a refill of her insomnia medicine. Last week, Burton’s insurance…
MetLife, Inc. announced today the pricing of its remarketing of $500 million aggregate principal amount of its 1.756% Series C Senior Component Debentures, Tranche 1 and $500 million aggregate principal amount of its 3.048% Series C Senior Component Debentures, Tranche 2. Both tranches originally comprised $1 billion aggregate principal amount of…
MAXIMUS, a leading provider of government services worldwide, announced that it has signed a new contract with the Oklahoma Health Care Authority to operate a Customer Relationship Management solution for the SoonerCare and Insure Oklahoma programs. SoonerCare, the state’ s Medicaid program, provides medical benefits to qualified individuals who have…
Fitch’s rating action follows HFSG’s announcement today that it has reached an agreement to sell its individual life business to Prudential Financial, Inc. for a ceding commission of $615 million. The sale is not expected to have a material impact on HFSG’s GAAP shareholders’ equity (excluding accumulated other comprehensive income) but is expected to have a…
