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Arthur J. Gallagher & Co. Acquires Heiser Insurance Agency, Inc.

December 27, 2012

Arthur J. Gallagher& Co. today announced the acquisition of Heiser Insurance Agency, Inc. in Morton, Illinois. Heiser Insurance Agency, Inc. is a retail insurance broker providing retail property/casualty, employee benefits and risk management insurance services for their commercial clients throughout the Midwestern United States.

Quality Management in Construction [Professional Safety]

December 27, 2012

An Expanding Role for SH&E Professionals. Prior to the 1980 s, only a few progressive owners held employees and construction contractors who worked in their facilities to a higher level of safety performance than OSHA standards. In addition to the considerable efforts by safety- conscious owners, contractors, OSHA, insurers and other organizations, safety…

Mass. settles with Chevron for $1.7M

December 27, 2012

BOSTON– Chevron Corp. has agreed to pay Massachusetts $1.7 million to settle allegations that it received payment from the state for hazardous waste cleanup at gas stations at the same time it was getting reimbursed by its insurers. The attorney general’s office says Chevron USA, Inc. and Texaco Downstream Properties Inc., which merged in 2001, will pay…

Lifeline for many developmentally disabled people threatened by state cuts [The Fayetteville Observer, N.C.]

December 27, 2012

Dec. 27– George Simms was homeless until he found Service Source. “We’re his lifeline,” said Betsy Torsell, program manager at Service Source, which employs more than 300 people with developmental disabilities in Cumberland County. The state cut about $20 million from its mental health budget in the summer, including $300,000 in Cumberland County alone.

Ahead of the Bell: WellPoint helps govt business

December 27, 2012

The Indianapolis insurer said Monday it completed a $4.46 billion deal it first announced in July to buy Amerigroup Corp., which runs Medicaid coverage in several states. Medicaid is the state and federally funded program that provides health coverage to poor and disabled people. States are starting to move residents who qualify for both Medicaid and…

Lifeline for many developmentally disabled people threatened by state cuts [The Fayetteville Observer, N.C.]

December 27, 2012

Dec. 27– George Simms was homeless until he found Service Source. “We’re his lifeline,” said Betsy Torsell, program manager at Service Source, which employs more than 300 people with developmental disabilities in Cumberland County. The state cut about $20 million from its mental health budget in the summer, including $300,000 in Cumberland County alone.

Tips to make New Year’s Eve sing’n’swing [Chattanooga Times Free Press, Tenn.]

December 27, 2012

But now that the world’s not ending and friends are actually coming over, you’ve got to figure out how to throw together a ring-a-ding-ding New Year’s Eve get-together. –If you know the guys are going to huddle around the big-screen to watch LSU play Clemson in the Chick-fil-A Bowl, group one seating area in front of the TV and another at the other end of the room for…

Travelers Indemnity Assigned Patent

December 27, 2012

ALEXANDRIA, Va., Dec. 27– Travelers Indemnity, Hartford, Conn., has been assigned a patent developed by five co-inventors for a “method and system for furnishing an on-line quote for an insurance product.” The co-inventors are Ruth B. Grover, Marlborough, Conn., Donald White, Amston, Conn., Linda Hirning, Rocky Hill, Conn., Eric Neely, Simsbury, Conn., and Charlene G. Woronowicz,…

A.M. Best Upgrades Issuer Credit Rating of Allianz Risk Transfer AG [Manufacturing Close – Up]

December 27, 2012

Allowing for the dividend payment of CHF 178.0 million to AGCS AG, capitalisation is expected to remain strong in 2012 and into 2013. The company’s traditional portfolio is protected by an extensive reinsurance programme which encompasses a stop loss and an excess of loss agreement between ART and its intermediate parent, AGCS. The company maintains a good…

A.M. Best Assigns Ratings to American Millennium Insurance Company [Manufacturing Close – Up]

December 27, 2012

A.M. Best Co. has assigned a financial strength rating of B+ and an issuer credit rating of “bbb-” to American Millennium Insurance Company. AMIC is organized under the insurance laws of the State of New Jersey, where it commenced business in December 2001. On October 20, 2011, Citadel Reinsurance Company Limited, acquired 100 percent of AMIC’s outstanding stock…

Research and Markets Offers Report: Non-Life Insurance in Singapore, Key Trends and Opportunities to 2016 [Manufacturing Close – Up]

December 27, 2012

Research and Markets announced the addition of the ” Non-Life Insurance in Singapore, Key Trends and Opportunities to 2016″ report to its offerings. In a release, Research and Markets noted that report highlights include:. NTUC Income Insurance Co-operative Limited.

Bemidji Fire Department ISO rating improves [The Bemidji Pioneer, Minn.]

December 26, 2012

Dec. 26– BEMIDJI– The Bemidji Fire Department announced that its ISO rating has improved, which could be good news for people buying insurance in the area. That new rating will be effective starting in April 2013. “We were hoping for a one-point move,” Bemidji Fire Chief Dave Hoefer said. “

Self-Regulatory Organizations; ICE Clear Credit LLC; Notice of Filing of Proposed Rule Change To Add Rules Related to the Clearing of European…

December 26, 2012

Self-Regulatory Organizations; ICE Clear Credit LLC; Notice of Filing of Proposed Rule Change To Add Rules Related to the Clearing of European Corporate Single-Name CDS. Pursuant to Section 19 of the Securities Exchange Act of 1934,/ 1/ and Rule 19 b-4 thereunder,/ 2/ notice is hereby given that on December 6, 2012, ICE Clear Credit LLC filed with the Securities and…

Fort Lauderdale employee health premiums skyrocketing [Sun Sentinel]

December 26, 2012

Dec. 26– FORT LAUDERDALE– The new year is bringing sticker shock to city employees, with some of their health insurance premiums scheduled to quadruple. Family HMO coverage for a general city employee will go from $81.90 biweekly to $271, an annual of increase of $4,917. “The health insurance is out of control in the city,” said John Sherman, business agent for…

Surety Bonds for Excess of FDIC Now Available Through Surety1

December 26, 2012

Unlimited FDIC insurance coverage of non-interest-bearing transaction accounts ends December 31st, 2012. An excess deposit guarantee bond issued by an Insurance Company can be used to guarantee deposits in excess of FDIC limits, providing the security of an A.M. Best rating of A+ insurance carriers. Surety Solutions Insurance Services, Inc. is an…

Car Finance Experts Comment on the new EU Gender Directive and car insurance premiums

December 26, 2012

The UK’ s leading car finance experts, Car Loan 4 U, comment on the introduction of the new EU Gender Directive which is set to have a significant effect on car insurance policies. The new regulation comes into force on 21st December meaning the price of car insurance could soar very soon for millions of people across Europe. Car Loan 4 U Co-Director Ryan Dignan…

Businessman’s efforts pay off,and Trashmore gets yule tree [Virginian – Pilot]

December 25, 2012

Paul Bohannon said something was missing at Mount Trashmore. The Ocean Lakes resident contacted Virginia Beach Parks and Recreation. After some paperwork, and the addition of $500,000 in liability insurance added to his business insurance policy, he was given the go-ahead to decorate the tall tree near the YMCA side of the park and within view of Interstate…

Lynne F. Milligan [Sunday News (Lancaster, PA)]

December 25, 2012

Her husband, Harold L. Milligan, died in 2010. Formerly of Mount Joy, Lynne worked in the insurance industry all of her life, retiring in 2006 as a Customer Service Representative for E. K. McConkey Associates of York. Lynne then worked part-time for the Manheim Auto Auction until 2009. Previously, she was employed by the Hess Agency of Mount Joy, Wolf Strite Assocs. of…

Lynne F. Milligan [Intelligencer Journal (Lancaster, PA)]

December 24, 2012

Formerly of Mount Joy, Lynne worked in the insurance industry all of her life, retiring in 2006 as a Customer Service Representative for E. K. McConkey Associates of York. Lynne then worked part-time for the Manheim Auto Auction until 2009. Previously, she was employed by the Hess Agency of Mount Joy, Wolf Strite Assocs. of Harrisburg, and the former Wiley Insurance…

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