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Senate (Special Committee on) Aging Committee Hearing

June 25, 2015

Chairman Collins, Ranking Member McCaskill, Members of the Committee… Thank you for inviting me to testify today before the Special Committee on Aging and for focusing your attention on the challenges Americans over 50 face in the workplace and shining a light on the value of older workers. I'm delighted that Senator Susan Collins is here today.

Did jeweler loot his own store?

June 25, 2015

June 25– Three weeks after he was ordered to turn over the assets of his bankrupt jewelry store, Daniel Rohricht was back in business. But there was something familiar about his new store in Woodbury. Though a bankruptcy court judge ordered Rohricht to pay $253,000 for his “theft,” the trustee settled the case last month for $17,000 following fruitless attempts to…

Advanta IRA Administration Holds Webinar with Guest Speaker Allen Buckley: Prohibited Transactions in a Self-Directed IRA

June 25, 2015

“The most attractive aspect of self-directed IRAs is that plan owners are able to invest in what they know, understand, and can control–at a risk level these individuals are comfortable taking,” says Jack Callahan, managing partner of Advanta IRA Administration. For this webinar, Advanta IRA Administration has invited attorney and CPA Allen Buckley to share…

PEMCO Insurance Gets Highest Ranking for Customer Satisfaction in the Northwest Region from J.D. Power

June 25, 2015

PEMCO Insurance reported it has earned the highest ranking for customer satisfaction in the Northwest Region from J.D. Power for the third consecutive year. According to a release from the company, since J.D. Power began evaluating the Northwest Region in 2013, PEMCO has earned the highest ranking for each year among award-eligible auto insurers in the…

The Cincinnati Specialty Underwriters Insurance Company Wins a 2015 Stakeholder Team Accomplishment Recognition Award from Demotech

June 25, 2015

The Cincinnati Specialty Underwriters Insurance Company has earned a 2015 Stakeholder Team Accomplishment Recognition Award from Demotech for its operating results in 2014.. The Cincinnati Specialty Underwriters Insurance Company was one of only two carriers in the Regional Company Classification category to earn a 2015 STAR award.

Patriot National Introduces 2 Strategic Executive Hires

June 25, 2015

Patriot National reported two strategic hires to support its expanding service platform and customer base. Joseph Babin was appointed Executive Vice President of Trigen Insurance Solutions and will focus on growing the business through sales and partnership development as well as strategic mergers and acquisitions. We are very pleased to welcome…

NICB: As Vehicle Thefts Decline, Thieves Target Components

June 25, 2015

By a News Reporter-Staff News Editor at Insurance Weekly News– While car thefts are declining across the country, the thefts of some parts and accessories are proving to be a lucrative business for professional thieves. In the Detroit area, it's become a huge problem that's costing consumers, insurance companies, car dealers and car rental companies.

Capital BlueCross bolsters leadership with new senior vice president of Government Programs

June 25, 2015

“We are excited that Debbie has joined us at such a transformative time, and we look forward to her leadership and expertise as we continue to grow our Medicare programs and other government business lines. Hilaire, Rittenour will lead Capital BlueCross' participation and growth in government programs including Medicare, the federal Health Insurance…

AXA Strategic Ventures Announces First US Investment

June 25, 2015

By a News Reporter-Staff News Editor at Insurance Weekly News– AXA Strategic Ventures announced its first investment in a U.S. company- PolicyGenius. “We launched AXA Strategic Ventures to invest in companies that drive innovation in our industry, making it more digitally-enabled and transparent,” said Manish Agarwal, General Partner of AXA Strategic…

China Life Insurance Co Ltd Files SEC Form 6-K, Report of Foreign Issuer [Rules 13A-16 And 15D-16] (Jun. 11, 2015)

June 25, 2015

By a News Reporter-Staff News Editor at Insurance Weekly News– According to news reporting originating from Washington, D.C., by VerticalNews journalists, a U.S. Securities and Exchange Commission filing by China Life Insurance Co Ltd was posted on June 11, 2015. The SEC file number is 0001193125-15-219831.. A U.S. Securities and Exchange Commission filing is a…

NSM Insurance Group Announces New Director Of Western Region

June 25, 2015

By a News Reporter-Staff News Editor at Insurance Weekly News– NSM Insurance Group, one of the leading program administrators of niche industry-specific insurance programs, announced that Victoria Millard joined the company as the Director of the Western Region on May 11, 2015. Millard has worked for some of the top insurance companies including AIG's…

MetLife Amends Tender Offer for Its Series B Preferred Shares

June 25, 2015

By a News Reporter-Staff News Editor at Insurance Weekly News– MetLife, Inc. announced an amendment to the tender offer for its 6.500% Non-Cumulative Preferred Stock, Series B, par value $0.01 per share and liquidation preference $25.00 per share. Upon and subject to the conditions set forth in the Offer to Purchase, MetLife is offering to pay a purchase price of…

A.M. Best Affirms Ratings of Aetna Inc. and Its Subsidiaries

June 25, 2015

By a News Reporter-Staff News Editor at Managed Care Weekly Digest– A.M. Best has affirmed the various financial strength ratings and the issuer credit ratings for the insurance and health maintenance organization subsidiaries of Aetna Inc.. Concurrently, A.M. Best has affirmed the ICR of “bbb+” and debt ratings of Aetna. These trends were supported by solid…

National Western Life Group, Inc. Files SEC Form 424B3, Prospectus [Rule 424(B)(3)] (Jun. 12, 2015)

June 24, 2015

By a News Reporter-Staff News Editor at Insurance Weekly News– According to news reporting originating from Washington, D.C., by VerticalNews journalists, a U.S. Securities and Exchange Commission filing by National Western Life Group, Inc. was posted on June 12, 2015. The SEC file number is 0001635984-15-000017.. A U.S. Securities and Exchange Commission…

Falling ice at Moxee home: 'It could have killed somebody' (photos, video)

June 24, 2015

June 24– MOXEE– Dwaine Morrison almost did not believe his daughter, Alexandra, when she called Tuesday night to tell him a cantaloupe-sized ball of ice had just crashed through the roof of their house. The ice is not likely from hail, said Mike Vescio, meteorologist at the National Weather Service in Pendleton, Ore. “I just don't see any meteorological reason why that…

Kyle W. Ketabchi Promoted to Assistant Vice President of American Financial Group, Inc.

June 24, 2015

By a News Reporter-Staff News Editor at Insurance Weekly News– American Financial Group, Inc. is pleased to announce the promotion of Kyle W. Ketabchi to Assistant Vice President. In her new role, Ms. Ketabchi will continue to manage the corporate marketing and branding functions for Great American Insurance Group and American Financial Group, and will assume…

Diaster proclamation aids tornado recovery

June 24, 2015

June 24– BLOOMFIELD– After Monday's tornado lifted and debris fell to a resting spot several homeowners emerged from the safety of their basements to find their property destroyed. Terry Branstad issued a disaster proclamation for Davis, Humboldt, Monroe and Wright counties in response to the severe weather. The Iowa Individuals Assistance Program provides…

Disaster proclamation aids tornado recovery

June 24, 2015

June 24– BLOOMFIELD– After Monday's tornado lifted and debris fell to a resting spot, several homeowners emerged from the safety of their basements to find their property destroyed. Terry Branstad issued a disaster proclamation for Davis, Humboldt, Monroe and Wright counties in response to the severe weather. The Iowa Individuals Assistance Program provides…

New York State Deferred Compensation Plan and Nationwide Extend Relationship Seven More Years

June 24, 2015

By a News Reporter-Staff News Editor at Insurance Weekly News– The board of the New York State Deferred Compensation Plan recently renewed Nationwide as its 457 plan provider for seven more years, extending a relationship that began in 2003. The new contract officially starts April 1, 2016. “The employees of New York are better prepared to meet their…

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