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StoneRiver Receives Silver Novarica ACE Ranking and Highest Score Among Reinsurance Solutions

March 28, 2012

StoneRiver, Inc., the trusted insurance technology partner with solutions across multiple business lines, today announced that it has received a Novarica ACE Silver Ranking for its Freedom Reinsurance System. Earning an overall ranking of 93 out of a possible 100, StoneRiver’ s FRS earned the top score among all ACE ranked reinsurance systems.

Tim Carless Joins PwC Risk Assurance Practice as Partner

March 28, 2012

PwC US today announced that Tim Carless has joined the firm as a partner in the Risk Assurance practice where he will be based in Detroit and serve internal audit clients in the Financial Services industry. “Tim brings extensive experience and knowledge to our team and with his strong relationships in the financial services industry, he will be a vital addition…

States’ Guaranteed Issue and Community Rating Reforms without a Mandate Failed

March 28, 2012

States that enacted guaranteed issue and community rating reforms in the absence of an individual mandate saw their individual insurance markets deteriorate, according to Milliman…

U-PIC, a Shipping Insurance Company, Enhances the Partnership with ABOL Software for Complete Shipping Solutions

March 28, 2012

Agoura Hills, Ca March 28, 2012. “Our relationship with U-PIC allows us to provide another value added offering to our customers”, stated Stephan Roode, Marketing for ABOL Software“ We are excited to be working with U-PIC, and look forward to our successful partnership”. “We are extremely proud to be a partner with ABOL Software and to offer shipping insurance to…

BRIEF: Funeral set Saturday for child who prompted day care legislation [The Augusta Chronicle, Ga.]

March 28, 2012

March 28– Services will be held Saturday in Augusta for the toddler whose injury at a Hephzibah day care in 2001 prompted two states to adopt legislation forcing those facilities to disclose whether they had liability insurance. The service for Anthony DeJuan Boatwright will begin at 11 a.m. at Paine College chapel, said his mother, Jackie Boatwright. “

OAI: La. Bill Highlights Penalties for Driving without Auto Insurance

March 28, 2012

A recently proposed Louisiana bill that requires police to inform the public of checkpoints verifying proof of insurance is headed to the state House for debate, a development Online Auto Insurance says highlights the strict penalties for driving without coverage in the Pelican State. OAI recommends that motorists be aware of penalties for driving…

Consolidated Services Group EVP Craig Goldstein to Present at Insurance Council of New Jersey Seminar

March 28, 2012

Hamilton, NJ March 28, 2012. Consolidated Services Group, Inc., a technology-driven, clinically-based medical claims management provider, today announced that Craig Goldstein, executive vice president and chief operating officer, will present at the Insurance Council of New Jersey Seminar,“ PIP Reform 2.0: Where do we go from here and what is around the corner.”.

Paradiso Insurance Hosts “Win a Date with Kurt or Kate” Raffle to Benefit Local Lymphoma Patient

March 28, 2012

As a Connecticut life insurance company, Paradiso Insurance knows how important it is to help support their neighbors when they are going through a difficult time in life. The agents of Paradiso Insurance are deeply committed to their community and are always looking for ways to lend a helping hand. As one of the evening’ s raffle prizes, Paradiso Insurance is…

B.H. Gold Insurance Agency Highlights Five Things Business Owners Should Do Now to Avoid Claims on their California Business Liability Insurance

March 28, 2012

The team at B.H. Gold Insurance Agency knows that during the beginning of the year, business owners may be more focused on starting the fiscal year off strong than taking steps to prevent an accident or insurance claim. The professionals at B.H. Gold Insurance Agency want all local companies to start spring off on the right foot, so they have compiled a list of the…

Elementary school students get an education in money at Mini-Economy Market Day [Richmond Times-Dispatch, Va.]

March 28, 2012

March 28– Sales were so brisk Tuesday morning that Isabella Lee and her business partners decided the best way to capitalize on the demand was to raise their prices. The three are fourth-graders at Colonial Trail Elementary School in Henrico County who’ve mastered the most fundamental concept of economics: supply and demand. The trio was among about 1,200…

QBE North America: QBE FIRST Appoints Christopher Davies CEO [Professional Services Close – Up]

March 28, 2012

QBE FIRST, a business of QBE North America, has named Christopher “CD” Davies as chief executive officer. According to a release, in announcing Davies’ appointment, QBE North America President and Chief Executive Officer John Rumpler cited Davies as a “strong and respected leader in the financial services industry with more than 24 years of mortgage experience…

Hanover Insurance Posts Results of Survey [Professional Services Close – Up]

March 28, 2012

At a time when many insurance carriers are centralizing their underwriting models and interacting more through technology, a recent survey commissioned by The Hanover Insurance Group, Inc., has found that agency small commercial customer service representatives and account managers still find direct access to local underwriters extremely critical to…

BRIEF: Funeral set Saturday for child who prompted day care legislation [The Augusta Chronicle, Ga.]

March 27, 2012

March 27– Services will be held Saturday in Augusta for the toddler whose injury at a Hephzibah day care in 2001 prompted two states to adopt legislation forcing those facilities to disclose whether they had liability insurance. The service for Anthony DeJuan Boatwright will begin at 11 a.m. at Paine College chapel, said his mother, Jackie Boatwright. “

Corn Planting Date Considerations

March 27, 2012

For farmers with Federal crop insurance, planting before the earliest allowable planting dates specified by the USDA Risk Management Agency will result in loss of replant coverage, even if the need for replanting is due to factors other than freeze damage or poor emergence. The earliest allowable planting date is April 11 for most counties in Minnesota and…

Hospital CEOs say law needed [South Bend Tribune, Ind.]

March 27, 2012

Tuesday’s session was to deal with whether Congress has the power to require most people in the United States to buy medical insurance. Phil Newbold, CEO of Memorial Health System and Elkhart General Healthcare System, also believes the law will be upheld. “Many of the influential lower courts have ruled that the individual mandate is something that is under the…

Fitch Affirms Seguros Inbursa’s Ratings at ‘BBB’ and ‘AAA(mex)’; Outlook Stable

March 27, 2012

SAN SALVADOR, El Salvador& NEW YORK—- Fitch Ratings has affirmed Seguros Inbursa, S.A.’ s local currency Insurer Financial Strength rating at’ BBB’ and the national scale IFS at’ AAA’. The Outlook for both ratings remains Stable. Seguros Inbursa’s ratings are based primarily on its adequate technical and catastrophic reserves coverage, and its well-structured…

Fitch Affirms Reaseguradora Patria’s Ratings at ‘BBB+’ and ‘AAA(mex)’; Outlook Stable

March 27, 2012

Patria continues to have a strong profile in the Latin American insurance markets as a leading underwriter of a well diversified portfolio of P&C and life insurance business providing operating and catastrophic coverage. By operating in almost all Latin American sub regions, mainly Mexico and Central America, Patria has been able to scatter its…

METLIFE POLICYHOLDER TRUST – 10-K – Management’s Discussion and Analysis of Financial Condition and Results of Operations.

March 27, 2012

For purposes of this discussion, “Trust” refers to the MetLife Policyholder Trust. Following this summary is a discussion addressing the results of operations and financial condition of the Trust for the periods indicated. This discussion should be read in conjunction with “Note Regarding Forward-Looking Statements,” “Risk Factors,” “Selected Financial Data”…

ING USA ANNUITY & LIFE INSURANCE CO – 10-K – Management’s Narrative Analysis of the Results of Operations and Financial Condition

March 27, 2012

Overview The following narrative analysis presents a review of the results of operations of the ING USA Annuity and Life Insurance Company for each of the three years ended December 31, 2011, 2010, and 2009, and financial condition as of December 31, 2011 and 2010. This item should be read in its entirety and in conjunction with the selected financial data,…

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