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Newswires
New York Life has announced the appointment of Joel Steinberg to its Executive Management Committee, effective immediately. In 2012, Steinberg assumed additional responsibility as chief risk officer in charge of the Office of Risk Management. New York Life Insurance Company is a mutual life insurance company.
MAG Mutual Insurance Company, the Southeast’s foremost medical professional liability insurer, announced it will offer a suite of coordinated coverage, defense and patient safety products to hospitals and health systems. Provided through MagMutual’s Professional Security Insurance Company, the offering combines facility and employed physician…
A.M. Best Asia-Pacific Limited has upgraded the issuer credit rating to “bbb+” from “bbb” and affirmed the financial strength rating of B++ of PT Asuransi Jasa Indonesia. The ratings reflect Jasindo’s continuing favorable operating performance, prudent investment strategy, as well as its strong market presence in Indonesia. The company was the second-largest…
Jurors decided that William Mantesta and George Pierson framed Caravella, then a mentally challenged 15 year old, for the 1983 rape and murder of a Miramar woman and should pay him $7 million for the close to 26 years he spent in prison. The city of Miramar or its insurers may have to pay some or all of the judgment against the former detectives, but legal experts said…
Former professional football player Johnny Rutledge remembers seeing the first hint of trouble several years ago. His 2004 life insurance policies were signed by someone else…
The deal allows Robert Mendez to reach a pension eligibility milestone but forgoes a $154,000 severance payout he would have received if the commissioners of the Water Authority simply let his three-year contract expire next week without renewing it. “We don’t believe there should be contracts for anybody in the Water Authority,” said Commissioner Earl L….
Hatch and Matheson: Repeal Obamacare tax. Last weekend marked the three-year anniversary of passage of the Affordable Care Act, commonly known as Obamacare. Since 2002, premiums have increased by 97 percent– three times faster than wages, according to the Kaiser Family Foundation.
March 23– GLENS FALLS– The Glens Falls school district wants employees and retirees to switch to a cheaper health insurance plan that will save the district thousands of dollars. “The problem is, school districts have to negotiate it out,” said Paul Jenkins, superintendent of schools. ” As a result, districts like Glens Falls plan to inform its members using the Matrix…
Aplifi, a leading provider of life and annuity order management, client management and electronic document delivery solutions for the financial services and insurance market segments, announced today that it has contracted with Pacific Life to deliver its annuity contracts electronically via PolicyBox. The extension to delivering contracts…
March 26– LIMA– City Council approved new floodplain management regulations Monday, the first step in making residents in the floodplain eligible for flood insurance. The Federal Emergency Management Agency requires municipalities to pass management regulations. Those will now be forwarded to FEMA for approval.
Today, Zane Benefits, Inc. published new information on health insurance marketplaces. Zane Benefits, which provides comprehensive and flexible alternatives to traditional employer sponsored health benefits, is the leader in defined contribution and health reimbursement arrangements. Zane Benefits’ website provides a guide to the individual health…
COLUMBIA, S.C., March 26, 2013– Dovetail Insurance, the leading supplier of cloud-based insurance product delivery services for property-casualty carriers, MGAs and brokers, announced that it has acquired NetComp Insurance, a growing web-based distributor of workers compensation insurance. “We are pleased to join Dovetail Insurance. The addition of NetComp…
Having the right disability insurance policy can be the difference between a successful financial future or one swimming in debt. An individual needs to consider their occupational duties, both physically and mentally, when purchasing a disability policy.. The more physically demanding your occupation is, the more disability insurance you will want to…
“We call ourselves the’ Gray-hair Group,'” Jim Byrd says jokingly, describing the team of professionals he has assembled to create truly comprehensive retirement plans for his company, Safe Harbor Financial Services, LLC. Before he founded Safe Harbor Financial Services in 2005, he worked in the insurance industry with MetLife– acquiring Leader’s Conference…
Best Rate Home Loans, a national professional network of approved mortgage lenders and loan providers who specialize in FHA loans and other low down payment or streamlined refinance options, recommends that current and prospective homeowners with or considering FHA loans research mortgage insurance premium changes that will be taking effect on both…
Led by some of the nation’ s most knowledgeable exchange experts from Independence Blue Cross, Leavitt Partners, and other top law, consulting and technology firms, the boot camp’ s four sessions will provide practical training on:• How health insurance exchanges will work• How to prepare for the inevitable problems that will emerge• How to market exchange…
A federal jury convicted Muskegon, Mich., landlord Gerald Singer, 73, of two counts of arson, three counts of use of fire to commit mail fraud, one count of mail fraud, four counts of filing a false tax-related document and related charges…
The policies were sold by the National Union Fire Insurance Company of Pittsburgh, Pa., and were offered on Travelocity.com and other websites powered by Travelocity. The settlement says NUFIC will refund $2 million to Missourians who purchased travel insurance policies from the company through Travelocity and other websites powered by Travelocity from…
