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Ohio Man Charged With Defrauding Employer, Clients Of $366K

June 25, 2013

A 10-count information was filed charging an Aurora, Ohio, man with defrauding his employer and its investment clients out of about $366,000…

Highmark, CMU announce details of health collaboration [Pittsburgh Post-Gazette]

June 25, 2013

The partnership will bring together Pittsburgh insurer Highmark’s wealth of health claims data with CMU’s research and technological expertise in computer science and data mining to examine “how services are used and how those services may be deployed more efficiently and more effectively,” said CMU Provost Mark Kamlet. Generally, health insurers are…

Presolicitation Notice – Health Insurance Services, U.S. Embassy Yerevan

June 25, 2013

Office Address: Department of State; European Posts; U.S. Contact: Sarah E. Isaacson, General Services Officer, Phone 37410 49-43-57, Fax 37410 46-47-42, Email [email protected] Armen Grigorian, GSO Specialist, Phone 37410494558, Fax 37410 46-47-42, Email [email protected]. The Embassy of the United States in Yerevan will launch, via the Internet, a…

SCHUMER: AFTER SANDY, HOME INSURANCE COMPANIES ARE INCREASINGLY ABANDONING LONG ISLANDERS ‘ EVEN THOSE UNAFFECTED BY THE STORM ‘ FORCING THEM INTO…

June 25, 2013

Long Islanders already have limited homeowners’ insurance options: Allstate, State Farm and Liberty Mutual issue the vast majority of policies on Long Island, and all three have been withdrawing from the Long Island market. Schumer today urged these three insurance companies to reverse their decisions to cancel these homeowners’ policies, and urged the…

Making Good in Banking and Finance: Idaho job changes, recognition and other achievements [The Idaho Statesman]

June 25, 2013

Diane Polscer of Portland has been elected to the board of directors of the United Heritage Mutual Holding Co. in Meridian. She has served as past chairwoman of the Excess and Reinsurance Subcommittee of the Defense Research Institute Insurance Law Committee, past chairwoman of the Insurance Coverage Section of the Federation of Defense and Corporate…

Global Insurance Brokers and Agencies Industry Market Research Report from IBISWorld has Been Updated

June 25, 2013

According to IBISWorld Industry analyst Eben Jose,“ over the past five years, the industry has grown at an average annual rate of 2.4%”. The industry is forecast to generate revenue of $584.6 billion in 2013, a 5.9% increase from 2012. North Asia’s presence in the industry is significant considering the underdeveloped nature of most economies in the region.

Gains in Asthma Management Show Progress in Reducing Health Care Disparities

June 25, 2013

The Minnesota Department of Human Services issued the following news release:. A growing number of children are getting their asthma under control in Minnesota, including children covered by Medicaid programs, according to data from the sixth annual Health Care Disparities Report conducted by MN Community Measurement for the Minnesota Department of…

Regional partnership formed to lower medical bills [The Morning Call (Allentown, Pa.)]

June 25, 2013

Valley Preferred, a managed care organization aligned with Lehigh Valley Health Network, and Cigna, a worldwide health service company, announced Monday that they will begin offering accountable care on July 1. About 5,500 local patients stand to benefit from Cigna’s first venture into accountable care in Pennsylvania, though it has run the program in 26…

Robert Suarez to Join DailyAccess as Chief Information Officer [Professional Services Close – Up]

June 25, 2013

DailyAccess Corp., a provider of employee benefits consulting, design, and administration services, announced that Robert Suarez has joined the firm as Chief Information Officer. “DailyAccess has a long history of delivering technologically advanced solutions to our clients,” said Tommy Thomasson, President and CEO of DailyAccess Corp. “Robert’s expertise…

A.M. Best Revises Outlook to Positive for Multinational Life Insurance Company [Manufacturing Close – Up]

June 25, 2013

A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength rating of B+ and issuer credit rating of “bbb-” of Multinational Life Insurance Company. The positive outlook reflects MLIFE’s financial and managerial support and the commitment from MLIFE’s parent, Multinational Insurance Company, a wholly owned subsidiary of…

Harford Mutual Taps Guidewire Solution for Rating, Underwriting, Policy Administration, Billing, and Claims Management [Manufacturing Close – Up]

June 25, 2013

Harford Mutual Insurance Companies, a provider of Property/ Casualty insurance products and services for businesses, and Guidewire Software, Inc., a provider of software products to P/C insurers, announced that Harford Mutual has selected Guidewire InsuranceSuite as its new platform for rating, underwriting and policy administration, claims management,…

David Stacey Joins Mercer’s Dallas Office [Professional Services Close – Up]

June 25, 2013

Mercer announced that David Stacey recently joined the firm’s Dallas office as Partner and Senior Consultant in its Health and Benefits business. Prior to joining Mercer, he was Senior Vice President for Cigna, where he led the National Accounts West Region team for medical, dental, and group insurance business. Before his time at Cigna he served as Principal…

Mercer’s Dallas office Appoints David Stacey as Senior Consultant, Health and Benefits [Professional Services Close – Up]

June 25, 2013

Mercer announced that David Stacey recently joined the firm’s Dallas office as Partner and Senior Consultant in its Health and Benefits business. Prior to joining Mercer, he was Senior Vice President for Cigna, where he led the National Accounts West Region team for medical, dental, and group insurance business. Before his time at Cigna he served as Principal…

Fireman’s Fund Insurance Appoints President And CEO

June 25, 2013

Andrew Torrance has been named the new president and chief executive officer of Fireman’s Fund Insurance Co…

Third-Party Administrator iGate Utilizes InsPro Enterprise Policy Administration System [Professional Services Close – Up]

June 25, 2013

InsPro Technologies, a provider of an out-of-the-box policy administration system that helps insurers and TPAs market new products quickly, improve customer service, and reduce operating costs, announced that iGATE has gone live with InsPro Enterprise. InsPro Technologies President and CEO Robert Oakes stated, “Delivering on our commitments to customers…

11 Iowans contribute $1 million to federal political campaigns [The Gazette, Cedar Rapids, Iowa]

June 24, 2013

June 24– CEDAR RAPIDS– Eleven Iowans gave a combined total of more than $1 million to candidates for federal office, political parties and political action committees in the 2012 election cycle, according to a new report on elite political donors. At the top of the list is Alden businessman and president of the state Board of Regents Bruce Rastetter, who gave…

XL Group plc Appoints Philip M. Jacobs as Global Head of Capital Management, Corporate Development and Tax

June 24, 2013

XL Group plc today announced that the Company has appointed Philip M. Jacobs as Global Head of Capital Management, Corporate Development and Tax. Reporting to Peter R. Porrino, Executive Vice President and Chief Financial Officer, Mr. Jacobs will be based in Stamford, Connecticut. Mr. Jacobs joins XL Group from Barclays Bank where he served as Global Head of Tax,…

Meadowbrook Insurance Group, Inc. Announces Date for Second Quarter 2013 Earnings Conference Call

June 24, 2013

Meadowbrook Insurance Group, Inc. will be hosting a conference call on Wednesday, July 31, 2013, at 9:00 a.m. EST to discuss second quarter 2013 financial results. The second quarter 2013 financial results will be announced after the market closes on Tuesday, July 30, 2013. About Meadowbrook Insurance Group Meadowbrook Insurance Group, Inc., based in…

RPX Names New Asia President

June 24, 2013

SAN FRANCISCO, June 24, 2013– RPX Corporation, the leading provider of patent risk management solutions, today announced that Kyoichi Ideno has joined as RPX Asia President. Mr. Ideno joins RPX after nearly 25 years with Seiko Epson Corporation, most recently as a Deputy General Administrative Manager of Intellectual Property Division. Mr. Ideno joined Seiko…

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