HHS’s Office of Inspector General Issues Advisory Opinion Concerning The Proposed Use Of A Preferred Hospital Network As Part Of Medicare Supplemental Health Insurance Policies. WASHINGTON, June 27– The U.S. Department of Health& Human Services’ Office of Inspector General issued the following advisory opinion:. Dear: We are writing in response to your…
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The landscaped, parklike area outside the front of the arena– which is still under construction– will be known as ” Tullio Plaza” after Pintea’s late father, longtime Erie Mayor Louis J. Tullio. Erie Insurance Group and the Erie County Convention Center Authority in May 2012 announced a $3 million, 10- year deal to rename the former Tullio Arena after the locally…
June 28– The health insurance benefits that about 2,000 employees of the new Macon- Bibb County consolidated government will receive are taking shape and may be ready for a definitive vote in little more than two months. Both the city and county now use self-insurance systems with a hired third-party administrator, instead of buying a full coverage package…
To recognize bravery and public service in America, the Smithsonian’s National Museum of American History will feature a 19th- century fire pumper–a predecessor to the modern fire engine–at its Constitution Avenue entrance beginning June 27. The fire pumper was decorated with panels and inscriptions that paid homage to the famous Hand in Hand Fire Co. of…
All Savers is a subsidiary of Golden Rule Financial Corp., and its ultimate parent company is UnitedHealth Group, Inc.. The ratings of All Savers reflect premium growth, positive underwriting and operating results and the support of UnitedHealth. Key rating drivers that may lead to negative rating actions include a sizeable decline in risk- adjusted capital…
Catherine Whiddon will serve as Vice President, Railroad Practice Leader, with overall responsibility for delivering specialized railroad insurance solutions in North America. She will be based in Dallas, Texas, and report to Dean Andrighetto, Division President, Casualty, for ACE Westchester. “Railroads and transportation infrastructure play a vital role…
Mercer announced that David Stacey recently joined the firm’s Dallas office as Partner and Senior Consultant in its Health and Benefits business. Prior to joining Mercer, he was Senior Vice President for Cigna, where he led the National Accounts West Region team for medical, dental, and group insurance business. Before his time at Cigna he served as Principal…
OneBeacon Insurance Group recently announced the winners of its annual college scholarship program. Savannah Ballew Tanner, Ballew& Maloof, Inc. Samford University; Birmingham, Ala.. Travis Beaney OneBeacon Emerson College; Boston.
June 28– Robert D. Orr, founder of the defunct Overland Park-based Brooke Corp. insurance business, pleaded guilty Thursday to one count of making false statements in a federal securities filing. Prosecutors said they agreed to recommend that Orr, 59 and now a Denver resident, be sentenced to three years probation and fined $48,000. Leland Orr is set to face those…
June 27– The health insurance benefits that about 2,000 employees of the new Macon- Bibb County consolidated government will receive are taking shape and may be ready for a definitive vote in little more than two months. Both the city and county now use self-insurance systems with a hired third-party administrator, instead of buying a full coverage package…
One of the UK’s largest motor Gap Insurance providers has announced that up to £250,000 will be invested into new company web facilities over the next year. “Aequitas Automotive are extremely pleased to confirm our investment plans for our future development. “Over the last few years the niche that Aequitas has taken in the market has enabled us to expand our…
CHICAGO, June 27, 2013– FactRight LLC, a premier provider of third party due diligence and risk management services to the alternative investment industry, announced today that Craig Merkt has joined the company as vice president, business development. Prior to Sentry, Merkt spent three years with Northwestern Mutual, where he was awarded New Financial…
CHICAGO, June 27, 2013/ PRNewswire/– Standard& Poor’s announced on June 24, 2013 that it had upgraded the CNA Financial Corporation financial strength ratings to A with a stable outlook. In addition to the upgrade of CNA’s financial strength rating, S&P upgraded its credit ratings on CNA Financial Corporation to BBB. “CNA” is a service mark registered by CNA…
The US Third-Party Administrators and Insurance Claims Adjusters industry plays a critical role in the insurance and funds sectors by allowing businesses to outsource claims processing and to fund administration and risk management.“ Since 2000, the industry’s growth has been driven by a steady increase in outsourcing activities within the insurance…
“Our strategic alliance with NASA will integrate the space agency’s 50- plus years of experience preventing and recovering from catastrophic accidents in human space flight into Deloitte’s advanced-risk strategies– applying state-of-science capabilities to oil and gas companies back here on earth. As part of the alliance, Deloitte and NASA will jointly…
Esurance, the direct-to-consumer insurance company, is now offering motorcycle insurance in Wisconsin. For more information about motorcycle insurance, motorcycle safety, and other motorcycle-related topics, please visit the Esurance website and the Esurance blog. 1. Source: Wisconsin Department of Transportation, 2011…
I would like to thank Chairman Pitts, Ranking Member Pallone, and the Distinguished Members of the Committee for giving me the opportunity to speak today about how we can address the crucial policy challenge of making Medicare work better for beneficiaries and ensuring that it provides the vital protections they need for generations to come.
Philadelphia Insurance Companies, a leading property and casualty insurance company for niche markets, announces the promotion of Karen Gilmer-Pauciello from Senior Vice President& Controller to Executive Vice President, Chief Financial Officer and Treasurer. She will also serve as Executive Vice President, Chief Financial Officer, and Treasurer of…
Today, the Financial Accounting Standards Board issued its exposure draft on accounting for insurance contracts. This comes on the heels of the International Accounting Standards Board issuing its report on the same issue. “The FASB proposal would represent a transformational change in the way that insurance contracts are measured and reported in…
