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Industry Leaders EngagePoint, Connecture and IBM Offer Critical Path Information to States Developing Health Insurance Exchanges. EngagePoint is a payer- centric healthcare software and IT services company that enables government, commercial, and administrative payers to engage their key stakeholders in bending the cost of care curve while improving…

American Family Insurance has reached agreement to acquire PGC Holdings Corp. and its subsidiaries, including non-standard auto insurers Permanent General and The General. The agreement was announced today by American Family and Capital Z Partners, majority owner of PGC Holdings Corp. Closing of the anticipated $239 million transaction is targeted for…

Moody’ s Analytics today announced it would host its 2012 Risk Practitioner Conference on October 15-18 in Chicago. Among the roster of luminaries scheduled to discuss key issues and regulatory challenges affecting the risk management industry are keynote speakers Janice Eberly, Assistant Secretary for Economic Policy, U.S. Department of the Treasury, and…

Fitch Ratings has taken the following rating action on the notes issued by Belize Sovereign Investments III Limited:. The rating action follows the timely payment of the notes by Steadfast Insurance Company on Sept. 20, 2012, as well as the recent upgrade of Steadfast’s Insurer Financial Strength rating to’ AA-‘, Outlook Stable in August 2012.

Sept. 25– American Family Insurance said Tuesday it plans to acquire a Tennessee- based insurer that sells auto policies to higher-risk drivers. Madison- based American said it would pay $239 million to buy Nashville’s PGC Holdings Corp. and its subsidiaries from Capital Z Partners, the majority owner of PGC. “American Family Insurance will grow by reaching out…

AssureClose is a brand new insurance product and the only comprehensive solution to insure the real estate transaction against the accidental death of a buyer. An average policy costs the seller, Realtor or brokerage less than $100. Daryl Trawick, President of Trawick International and founder of AssureClose, stated, “After learning of a friend who…

The Hartford Steam Boiler Inspection and Insurance Company, part of Munich Re, announced today it is partnering with AssetWatch ®, a secure online home inventory and information storage service, to help protect policyholders. “We’ ve been helping people prepare for emergencies and loss for more than 100 years,” said Anthony J. Trivella, executive vice president…

Fitch Ratings has upgraded the Insurer Financial Strength ratings of Sirius International Insurance Group, Ltd.’ s operating subsidiaries, Swedish-based Sirius International Insurance Corporation and U.S.-based Sirius America Insurance Company, to’ A’ from’ A-‘. The rating action follows a periodic review by Fitch of the regulatory environment in Sweden…

Amanda C. Farnsworth has been named to the Board of Trustees of the Aircraft Owners and Pilots Association. She has served on various corporate boards, including National Safety Alliance, Consumers Insurance Group, Franklin American Mortgage Co., Precision Energy Solutions and Optimum Solutions, Inc.. Farnsworth is active in her Nashville community, serving…

Patriot National Insurance Group, a leading provider of workers’ compensation insurance solutions, is honored to be a nominee of the Novarica Research Council Impact Awards. The awards honor the best practices in insurance industry IT initiatives and strategy. Patriot National’s Founder and Chief Executive Officer, Steven Mariano said, “I am very excited…

Steve Rasmussen, chief executive officer of Nationwide, has been elected to the American Electric Power Board of Directors. Rasmussen, 60, has been CEO of Nationwide since 2009. Prior to being elected CEO, he was president and chief operating officer of Property and Casualty operations for Nationwide from 2003 to 2009. He previously served as president and…

CS STARS LLC, a business unit of Marsh Inc. and global provider of risk and claims management software, data distribution, and analytics solutions, has announced the appointment of Michael Scunziano as President and CEO. In his new role, Mr. Scunziano will report to Liz Flynn, recently named President of Marsh’ s Insurance Services Businesses.

Karen Clark& Company, independent experts in catastrophe risk, catastrophe models and catastrophe risk management, today announced Senior Vice President Glen Daraskevich has received the Risk Innovator™ Award in the Technology category from Risk& Insurance ® magazine. Mr. Daraskevich was honored for leading the development of Characteristic Events, a…

Walker& Dunlop, Inc. announced today that its subsidiary, Walker& Dunlop, LLC arranged $67,500,000 in financing for Huntington Gateway Apartments, a high-rise residential community located in Alexandria, VA. Walker& Dunlop Senior Vice President, Ted Hermes, led the Walker& Dunlop team with the assistance of Elizabeth Conahan. About Walker& Dunlop Through its…

Sept. 25– ABINGDON, Va.– Before sentencing her to probation, a federal judge blasted former Saltville Rescue Squad member Monica Hicks for her role in a health care fraud case that bilked insurers out of nearly $1 million. For her part, she will serve two years of probation and pay restitution at $100 per month to help pay off $757, 258.. Last week, Hicks told jurors during…

San Francisco, CA September 25, 2012. aecKnowledge, a leading provider of advanced online continuing education for architects, engineers and construction professionals, announces that RLI Professional Services Group, a provider of comprehensive insurance services for design professionals, will sponsor the “Starting Your Own Firm” online continuing…