Assurant Solutions, a global specialty insurance and risk management company, today announces the results of its latest consumer survey on mobile trends. “When it comes to financial transactions, consumers remain wary about opening their mobile wallet,” said Martin Jenns, Senior Vice President and Head of Strategy Development for Assurant Solutions Mobile…
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Eldorado, a division of MphasiS, an HP Company, and a leading provider of health benefit and claims management platforms, announced today that HCC Medical Insurance Services, LLC, is the third client to go live with Javelina, Eldorado’ s award-winning payer platform. HCCMIS is a subsidiary of the multi-billion dollar International Specialty Insurance group HCC…
Manitex International, Inc., a leading provider of engineered lifting solutions including boom truck cranes, rough terrain forklifts, container handling equipment and special mission oriented vehicles, today announced that, a recent decision from the Fifth Circuit Court of Appeals overturned a decision that favored Manitex and held its insurers liable…
On February 21, 2012, OneBeacon Insurance Group, Ltd. appointed Maureen A. Phillips as Senior Vice President and General Counsel. Phillips replaces Bradford W. Rich, who retired as General Counsel of the Company effective as of the same date. On February 21, 2012, the Compensation Committee of the Board of Directors of the Company approved various elements of…
A.M. Best Co. has revised the outlook to positive from stable and affirmed the issuer credit ratings of“ a” of Transatlantic Reinsurance Company, Fair American Insurance and Reinsurance Company and Trans Re Zurich Reinsurance Company Ltd.. A.M. Best also has affirmed the financial strength ratings of A of Transatlantic and its members. Concurrently, A.M. Best…
Sagicor Life Insurance Co. said it has agreed to acquire the outstanding shares of Pemco Life Insurance Co. from the Washington State- based Pemco Mutual Insurance Co. If approved, Sagicor Life would gain about 10,000 term and whole life policies and 7,500 new customers. The Austin, Texas- based Sagicor Life says it administers about $1.8 billion of in-force…
Starting with the $52 million acquisition of three prime Lincoln Road assets in joint venture with a publicly traded REIT, a Terranova affiliate continued its investing push into urban high street retail, adding these select properties on Lincoln Road in Miami Beach to a growing portfolio or high performing street front retail locations in South Florida.
A.M. Best Company has made the following rating update:. Company: Trans Re Zurich Reinsurance Company Ltd. To obtain more information about this company, please visit:.
Spunberg cited “increased regulatory enforcement” as a main driver of increased loss experience in professional liability lines, a phenomenon he sees in both the United States and Europe. D&O and EPLI trends in the United Kingdom and Europe are “interesting,” said Spunberg, in that there are similarities to U.S. experience but there are also differences.
Daymark Realty Advisors Inc., the parent company of our manager, NNN Realty Investors, LLC, received a letter dated December 20, 2011 from Principal Global Investors, LLC, as primary servicer for Principal Life Insurance Company and named holders of Bear Stearns Commercial Mortgage Securities, Inc., notifying Daymark that the Lenders believe that there is a…
Daymark Realty Advisors Inc., the parent company of our advisor, NNN Realty Investors, LLC, received a letter dated December 20, 2011 from Principal Global Investors, LLC, as primary servicer for Principal Life Insurance Company and named holders of Bear Stearns Commercial Mortgage Securities, Inc., notifying Daymark that the Lenders believe that there is a…
A.M. Best Co. analysts weighed in on the possible financial and regulatory impacts to insurers depending how the National Association of Insurance Commissioners ultimately comes down on the longevity risk-protection products dubbed contingent deferred annuities. Recently, a majority of the members of the Contingent Deferred Annuity Subgroup…
Daymark Realty Advisors Inc., the parent company of our advisor, NNN Realty Investors, LLC, received a letter dated December 20, 2011 from Principal Global Investors, LLC, as primary servicer for Principal Life Insurance Company and named holders of Bear Stearns Commercial Mortgage Securities, Inc., notifying Daymark that the Lenders believe that there is a…
SAN FRANCISCO and NEWPORT BEACH, Calif., Feb. 27, 2012/ PRNewswire-USNewswire/– Blue Shield of California, Greater Newport Physicians, IPA and Hoag Memorial Hospital Presbyterian today announced a three-year accountable care initiative designed to provide integrated, cost-efficient health care to approximately 11,000 Blue Shield HMO members in Orange…
The political and trade credit risk market can be highly profitable to Lloyd’s underwriters in turbulent times such as the present, but the risks can be high as well…
Feb. 27– Gone are the days of calling physicians’ offices to schedule appointments or visiting the pharmacy to request a prescription refill. Kaiser Permanente and LifeWise of Washington have recently launched smartphone apps and mobile-optimized websites to make health care on the go possible. “We’re seeing more and more people using mobile technology,” said…
A sharp escalation in recent years in medical costs and an “all-you-can-eat”-style personal injury protection no-fault auto insurance system is threatening the viability of Michigan’s auto market…
Young farmers representing 10 agricultural commodities were honored as division winners in the Alabama Farmers Federation’ s Outstanding Young Farm Family competition at the Young Farmers Leadership Conference in Mobile. The winner will receive a nicely equipped 2013 Chevrolet or GMC pickup truck, courtesy of Alfa Insurance and Alabama Farmers…
Great American Insurance Group is pleased to announce the promotion of Mark Calkin to Divisional President of its Trucking Division. Mark Calkin Promoted to Divisional President of Great American Insurance Group. Based in Cincinnati, Ohio, the operations of Great American Insurance Group are engaged primarily in property and casualty insurance, focusing…
