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Health insurer Aetna’s 2Q profit rises 17 percent

July 30, 2013

Aetna Inc.’ s second-quarter earnings jumped 17 percent, and the health insurer raised its 2013 forecast as it reaped revenue and enrollment gains from its acquisition of fellow insurer Coventry Health Care. The Hartford, Conn., company said Tuesday that it earned $536 million, or $1.49 per share, in the three months that ended June 30. Aetna is the nation’s…

The Producers Group Expands Its Multicultural Presence

July 30, 2013

  Carlos Suarez Joins The Producers Group to Expand Distribution San Diego, CA – Carlos F. Suarez, MBA, CFP, Founding…

COMPASS MINERALS INTERNATIONAL INC – 10-Q – Management’s Discussion and Analysis of Financial Condition and Results of Operations

July 30, 2013

All statements, other than statements of historical fact, contained herein constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.. fully reimbursable through our insurance carriers; the timing of any insurance reimbursements may not correspond to the period in which the loss was incurred;…

STATE AUTO FINANCIAL CORP FILES (8-K) Disclosing Entry into a Material Definitive Agreement, Termination of a Material Definitive Agreement, Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant, Financial Statements and Exhibits

July 30, 2013

On July 26, 2013, State Auto Property& Casualty Insurance Company, a wholly owned insurance subsidiary of State Auto Financial Corporation, entered into a Credit Agreement as borrower with a syndicate of financial institutions, as lenders party thereto, KeyBank National Association, as Administrative Agent, Lead Arranger, Sole Book Runner and Swingline…

State Farm Insurance Agent Steve Botkin Honored with Selection into Insured.By

July 30, 2013

Fort Lauderdale insurance agent Steve Botkin has been chosen by Insured.By for inclusion in its directory of local insurance professionals who have set themselves apart from other local insurance agencies in their respective areas. Steve’s Ft Lauderdale, FL agency is truly in a league of its own in terms of their devotion to improving their community.

FLAGSTAR BANCORP INC – 10-Q – Management’s Discussion and Analysis of Financial Condition and Results of Operations

July 30, 2013

Where we say “we,” “us,” or “our,” we usually mean Flagstar Bancorp, Inc. However, in some cases, a reference to “we,” “us,” or “our” will include our wholly-owned subsidiary Flagstar Bank, FSB, and Flagstar Capital Markets Corporation, our wholly-owned subsidiary, which we collectively refer to as the “Bank.” FORWARD- LOOKING STATEMENTS This report contains “forward-looking…

CNA FINANCIAL CORP – 10-Q – Management’s Discussion and Analysis (MD&A) of Financial Condition and Results of Operations

July 30, 2013

The following discussion highlights significant factors affecting the Company. Based on 2011 statutory net written premiums, we are the seventh largest commercial insurance writer and the 13th largest property and casualty insurance organization in the United States of America. The following discussion should be read in conjunction with the Condensed…

PA Insurance Department Revokes Eight Licenses in Second Quarter Enforcement Actions

July 30, 2013

The Pennsylvania Insurance Department revoked eight licenses from individuals in the second quarter of 2013 for violating Pennsylvania laws or regulations. The department also collected more than $343,000 in penalties and fines, as well as more than $73,000 in restitution. Allegheny County– Ian Fearon, Monroeville Delaware County– Christopher M. Fazzini,…

Allstate Affinity Solutions Starts Relationship with InterContinental Hotels Group

July 30, 2013

NORTHBROOK, Ill., July 30, 2013/ PRNewswire/– Allstate Insurance Company announced that IHG ® Rewards Club members can now earn up to 10,000 points by purchasing a new auto policy and/or a new homeowners policy from the company. IHG ® Rewards Club members in 28 participating states who are prospective Allstate customers, or current customers who purchase a new…

Lender takes ownership of Wichita Executive Centre [The Wichita Eagle]

July 30, 2013

July 30– One of Wichita’s largest office buildings is emerging from the limbo into which it fell when Minnesota- based Real Development ran into financial problems. Salt Lake City- based Security National Life Insurance Co. earlier this month took over ownership and operations of Wichita Executive Centre, 125 N. Market, from Real Development.

Money Center Banks and Life Insurance Companies Show Improvement Through Financial Results and Corporate Announcements – Research Report on TD, TCF, Torchmark, RGA, and CIBC

July 30, 2013

Today, Investors’ Reports announced new research reports highlighting The Toronto-Dominion Bank, TCF Financial Corporation, Torchmark Corp., Reinsurance Group of America Inc., and Canadian Imperial Bank of Commerce. On July 24, 2013, The Toronto-Dominion Bank announced that it has donated $750,000 to VGH& UBC Hospital Foundation through its TD Grants in…

Anthem Offers Virtual Doctor Appointments

July 30, 2013

Anthem Blue Cross and Blue Shield recently launched a virtual doctor appointment service for non-emergency problems such as sore throats, allergies and minor infections…

Vitter: Don’t Promote FEMA’s Fugate until Flood Insurance Challenges Addressed

July 30, 2013

David Vitter, R- La., issued the following news release:. David Vitter is sending a letter to President Barack Obama this morning urging against nominating FEMA Administrator Craig Fugate to be Secretary of the Department of Homeland Security unless and until the challenges under the National Flood Insurance Program are addressed. “Earlier this year, FEMA…

As ACA Implementation Continues, Consumer Health Care Cost Growth Has Slowed

July 30, 2013

The White House issued the following blog:. *Data from the Bureau of Labor Statistics’ Employer Costs for Employee Compensation survey indicate that for private sector employers offering health insurance, the annualized growth rate of real costs for workers’ health insurance has slowed from 2.2 percent a year from 2006: Q4 to 2009: Q4 to 1.8 percent a year from…

Longwood, Florida Insurance Agency Dispels Common Car Insurance Myths

July 30, 2013

Teachers Insurance Specialists announce clarity to rumors, myths and confusion about auto insurance. Our Longwood, Florida insurance agency is dedicated to educating our customers on the best insurance products and policies in easy to understand terms,” says Simone Baldwin, owner/operator of Teachers Insurance Specialists. Teachers Insurance…

Lgh Surplus Again Declines [Sunday News (Lancaster, PA)]

July 30, 2013

Lancaster General Hospital officials saw it coming. None of it surprised executives at parent Lancaster General Health. They knew more and more patients were shifting to government health insurance programs such as Medicare and Medicaid, which don’t always reimburse providers for the true cost of care.

ICICI Lombard Now Provides International Travel Insurance on Smart Phones [Travel & Leisure Close – Up]

July 30, 2013

ICICI Lombard General Insurance, a private sector general insurance company, announced that it now offers its customers the convenience of purchasing International travel insurance through its free mobile application’ Insure’. The extension of the Insure app to provide services in the International travel insurance space is a step towards enhancing the…

Mack-Cali Realty Corp. Reports Second Quarter Results [Professional Services Close – Up]

July 30, 2013

Mack-Cali Realty Corp. reported its results for the second quarter 2013.. -Reported funds from operations of $0.65 per diluted share;. -Signed agreements to sell 15 office properties, aggregating 1.7 million square feet, in suburban Philadelphia for approximately $233 million.

A.M. Best Assigns Ratings to Grupo Mexicano de Seguros S.A. de C.V. [Professional Services Close – Up]

July 30, 2013

A.M. Best Co. has assigned a financial strength rating of B++ and an issuer credit rating of “bbb” to Grupo Mexicano de Seguros S.A. de C.V.. The outlook assigned to both ratings is stable. Partially offsetting these positive rating factors is GMX’s limited financial flexibility, geographic concentration of its business exclusively in Mexico and losses stemming…

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