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Travel Insurance and Schengen Visas: What Travelers Need to Know, Says Squaremouth

July 29, 2013

Before heading off on European summer vacations, travelers should pay special attention to what travel insurance coverage is required to obtain a Schengen visa and travel freely between European countries. Squaremouth, America’ s fastest growing travel insurance comparison site, explains what travelers need to know about travel insurance when applying…

Navigators Appoints New Zonal Vice Presidents

July 29, 2013

NEW YORK, NY, July 29, 2013– The Navigators Group, Inc. today announced that its principal underwriting agency subsidiary, Navigators Management Company, Inc., has named Connie Taylor-McCray as Zonal Vice President for the western& central zones of the U.S. and Lynette Cardwell as Zonal Vice President for the southern& southeastern zones of the U.S.

Lgh Surplus Again Declines ; Takes Steps To Increase Profits, Cut Expenses Revenues Rise ‘Charity’ Care [Intelligencer Journal (Lancaster, PA)]

July 29, 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.

Greene County health insurance premiums to rise 11.6% [Dayton Daily News, Ohio]

July 29, 2013

July 29– XENIA– An increase in claims and requirements of the federal Affordable Care Act will drive up health insurance premiums 11.6 percent for Greene County employees, said county officials. The double-digit increase is the largest the county has seen within the last four years, according to documents obtained by the Dayton Daily News.

Ohio insurance companies adding wind, hail deductibles [Dayton Daily News, Ohio]

July 29, 2013

July 29– The growing number of severe storms related insurance claims over the past five years is prompting some Ohio companies to start asking homeowners to pay a separate deductible for wind and hail damage, state and industry insurance officials said. More Ohio insurers have started implementing wind and hail deductibles over the past 18 months to two…

China United Insurance Service Enters Strategic Partnership With AIA Group

July 29, 2013

ZHENGZHOU, China and TAIPEI, Taiwan, July 29, 2013/ PRNewswire/– China United Insurance Service, Inc., a leading insurance brokerage company with operations in Taiwan and the People’s Republic of China, today announced one of its subsidiaries has entered into a strategic partnership with AIA International Limited Taiwan Branch. “The strategic partnership with…

AmTrust Financial Services, Inc. Enters Into Agreement to Acquire Sagicor Europe Limited

July 29, 2013

NEW YORK, July 29, 2013– AmTrust Financial Services, Inc. announced today that one of its wholly-owned subsidiaries has entered into an agreement to acquire Sagicor Europe Limited and its wholly-owned subsidiaries, including Sagicor at Lloyd’s Limited, from Sagicor Financial Corporation for approximately £56 million, which is £15 million above SEL’s…

Life Reinsurance Consulting Firm, mL³ global life, Introduces Industry Veteran as First CEO

July 29, 2013

mL³ global life is pleased to announce that Michael Barnett, retiring CEO of Employer’ s Reassurance Corp., a subsidiary of General Electric, will join mL³ global life in August 2013 and lead the new joint venture as President and CEO. Michael Barnett’ s career in the industry includes eleven years with General Electric Capital Corp. with seven of these years as…

Local Government Center to keep insurance surplus [The New Hampshire Union Leader, Manchester]

July 29, 2013

July 29– CONCORD– The New Hampshire Local Government Center will use most of a return of health insurance surplus funds it is giving itself as a “wash” that will go back to the risk pool’s surplus. At a July 11 meeting of the HealthTrust Board of Directors, board members and LGC attorney David Frydman repeatedly referred to the move as a “wash” of funds, as LGC would not…

Richmond Times-Dispatch, Va., Biz Buzz column [Richmond Times-Dispatch, Va.]

July 29, 2013

July 29– Remember James A. “Jay” Paul III? Recently, he was named Insurance Marketplace Innovator of the Year by National Underwriter Life& Health magazine for “conceptualization of cutting-edge accident coverage for cyclists.” Paul, managing director of Balance for Cyclists, with an office in the Innsbrook Corporate Center in western Henrico County, said that so…

HSB Solomon Associates Purchases Ziff Energy Group [Professional Services Close – Up]

July 29, 2013

HSB Solomon Associates, a performance improvement company for the global energy industry and a subsidiary of The Hartford Steam Boiler Inspection and Insurance Company, announced the acquisition of Ziff Energy Group, an international energy consulting firm. “Solomon and Ziff Energy share similar cultures and a focus on helping clients achieve excellence…

Liberty International Underwriters Selects Kelly Fusner as Senior VP of LIU Primary Casualty [Professional Services Close – Up]

July 29, 2013

Liberty International Underwriters, part of Liberty Mutual Insurance, announced the appointment of Kelly Fusner as Senior Vice President of LIU’s Primary Casualty product line. According to a release, Fusner will be responsible for the strategic direction and underwriting performance of LIU’s Primary Casualty business and will report directly to David…

HSB Solomon Associates Acquires Ziff Energy Group [Manufacturing Close – Up]

July 29, 2013

HSB Solomon Associates, a performance improvement company for the global energy industry and a subsidiary of The Hartford Steam Boiler Inspection and Insurance Company, announced the acquisition of Ziff Energy Group, an international energy consulting firm. “Solomon and Ziff Energy share similar cultures and a focus on helping clients achieve excellence…

Pet insurance becoming a more popular employee benefit

July 29, 2013

More companies are starting to offer pet insurance policies for their employees through Veterinary Pet Insurance and other pet organizations, U.S. experts say. Although only a small proportion of the 165 million pets in the United States are covered under pet insurance, an increasing number of employers are providing it as part of their benefits package.

Pasadena Moving Company Explains Why People Need Moving Insurance

July 28, 2013

Melrose Moving Company has released a blog explaining why people need to purchase moving insurance when they decide to move in Pasadena or nearby cities! Having a team of professionals will greatly reduce the risk of colliding boxes or items. Unfortunately, the risk is never zero and no matter how hard we will try, there will be always a minuscule possibility of…

What you need to know about Kentucky’s health care reform plan [Lexington Herald-Leader]

July 28, 2013

That number includes 300,000 Kentuckians who don’t have insurance and will for the first time be eligible for Medicaid. Everyone, with very few exceptions, is required to have health insurance by March 31, 2014, or pay a penalty. Enrollment begins Oct. 1, but recent interviews with local and state health officials, health care advocacy groups and representatives…

Ohio Insurance Companies Adding Wind, Hail Deductibles

July 28, 2013

The growing number of severe storms related insurance claims over the past five years is prompting some Ohio companies to start asking homeowners to pay a separate deductible for wind and hail damage, state and industry insurance officials said…

Watertown judge rules insurer liable for submerged vehicle recovery [Watertown Daily Times, N.Y.]

July 28, 2013

Watertown attorney H. Charles Livingston Jr. brought a small-claims action against Nationwide Insurance in an attempt to be reimbursed $6,465 for costs to retrieve his 2012 John Deere Gator from the St. Lawrence River in February. According to court documents, Mr. Livingston called state Department of Environmental Conservation officials as he drove to the…

ICICI’s Lombard Gets E-Business Leader Award [Professional Services Close – Up]

July 28, 2013

ICICI Lombard General Insurance, a private sector general insurance company, has been awarded the “E-Business Leader Award” at the 3rd annual edition of The Indian Insurance Awards. The Indian Insurance Awards has been conceptualized to honour performance, growth, product and market innovation, customer service and technology. ICICI Lombard General…

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