The Innovation Group, a provider of business process outsourcing and software solutions to the insurance, fleet, automotive and property industries, announced the company has achieved a Novarica Average Customer Experience Silver Ranking of 94 for Innovation Auto. According to a release, the Novarica ACE Rankings are based on online survey responses from…
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Choice Hotels International, Inc., a lodging franchisor, announced the appointment of Barbara T. Alexander, to its Board of Directors. Prior to that, Alexander was the Managing Director of the North American Construction and Furnishings Group in the Corporate Finance Department of UBS. She currently serves as a director of KB Home, Allied World Assurance…
Feb. 28– A retired Lynnfield cop, already collecting a pension check while pocketing thousands in detail pay, has now managed to score taxpayer-funded unemployment benefits– part of a pattern of public cash grabs that has municipal officials howling to the Patrick administration for reform. So he applied for unemployment last summer– and on Feb. 17 he got it.
Feb. 28– A Sacramento dentist was suspended by a state board on allegations of performing unneeded root canals and fillings on at least 17 of his patients and collecting insurance payments for work he did not do. David Milton Lewis was barred by the Dental Board of California from performing dentistry until the board’s case against him is resolved, board…
WOOSTER– The Fike Agency, which has been in the insurance business for 50 years, is featured in the January issue of “Life Insurance Selling,” a national publication that offers insight into sales and products of the insurance industry. WOOSTER– Morgan McDowell, an accountant at Dyer, Hughes, Roche& Wilson, 121 N. Market St., passed the state requirements to become a…
Feb. 28– UnitedHealthcare, the giant nationwide insurer, is making a major move in South Florida by announcing Tuesday it has agreed to purchase two Miami-Dade based Medicare and Medicaid insurance plans that have more than 100,000 members and eight clinics. Preferred Care Partners has 55,000 Medicare members in its health maintenance organization in South…
Feb. 28– New Jersey towns and counties could save more than $100 million a year on health insurance costs if they joined the state insurance pool, according to a New Jersey Comptroller’s report released today. The report examined four representative contracts– Essex County, Brick Township, East Brunswick Township and Haddon Township– and found they could have…
Management’s Discussion and Analysis of Financial Condition and Results of Operations is intended to inform the reader about matters affecting the financial condition and results of operations of Primerica, Inc. and its subsidiaries for the three-year period ended December 31, 2011. As a result, the following discussion should be read in conjunction…
For purposes of this discussion, ” MetLife,” the “Company,” “we,” “our” and “us” refer to MetLife, Inc., a Delaware corporation incorporated in 1999, its subsidiaries and affiliates. Following this summary is a discussion addressing the consolidated results of operations and financial condition of the Company for the periods indicated. This discussion should be read in…
On February 22, 2012, The NASDAQ OMX Group, Inc. board of directors approved, and NASDAQ OMX entered into, a new employment agreement with Robert Greifeld, NASDAQ OMX’s Chief Executive Officer. The new employment agreement replaces NASDAQ OMX’s existing employment agreement with Mr. Greifeld, which was entered into effective January 1, 2007.
Overview Ally Financial Inc. is a leading, independent, globally diversified, financial services firm with $184 billion in assets. We are also one of the largest residential mortgage companies in the United States. Our banking subsidiary, Ally Bank, is an indirect wholly owned subsidiary of Ally Financial Inc. and a leading franchise in the growing direct…
ViroPharma Incorporated is a global biotechnology company dedicated to the development and commercialization of products that address serious diseases, with a focus on products used by physician specialists or in hospital settings. We expect future growth to be driven by sales of Vancocin, sales of Cinryze, both domestically and internationally, sales of…
Marsh& McLennan Companies, Inc. and Subsidiaries is a global professional services firm providing advice and solutions in the areas of risk, strategy and human capital. It is the parent company of a number of the world’s leading risk experts and specialty consultants, including: Marsh, the insurance broker, intermediary and risk advisor; Guy Carpenter, the risk…
Feb. 28– Students from two of the three schools that have advanced to the S.C. Bar State High School Mock Trial Competition are from Horry County. Teams from North Myrtle Beach High School, Socastee High School and Wilson High School will compete March 9-10 at the Matthew J. Perry Jr. Federal Courthouse at 901 Richland St. in Columbia. Sandstone Insurance Group denies…
For foreign insurers interested in China’s fledgling variable annuity market, slow and steady will be the required pace…
The following discussion should be read in conjunction with our historical financial statements and the related notes included elsewhere in this annual report on Form 10- K, as well as the discussion under “Selected Consolidated Financial Data.” This discussion contains forward-looking statements that involve risks and uncertainties.
Asia is driving a good deal of growth for the life insurance business worldwide, making it imperative for a life insurer to be armed with a multichannel strategy and diversified product portfolios, according to Barry Stowe, chief executive of Prudential Corporation Asia. ” Many of the highest growth and return opportunities are in Asia and we have a clear and…
Variable annuity growth will be driven by Asia in the post-financial crisis era, due to favorable regulatory moves and a rising affluent population in emerging Asian markets— particularly China, according to Ernst& Young…
UnitedHealthcare has agreed to purchase two Miami-Dade based Medicare and Medicaid insurance plans that have more than 100,000 members and eight clinics…
