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La Familia Auto Insurance Opens a Brand Eleventh Branch in Dallas

March 30, 2016

La Familia Auto Insurance, an independent insurance agency catering to the Dallas/Fort Worth area, has publicized the announcement of a new branch in Dallas to assist customers in Oak Cliff and Cockrell Hill. The agency’s multiple locations cater to customers in Dallas, Fort Worth, Carrollton, Garland, Grand Prairie, Arlington, Plano, Lewisville and every other…

Alpha Omega Family Services Visits Stockton, Modesto, CA and Baltimore, MD Areas

March 30, 2016

For this reason, Alpha Omega Family Services has spent the last two decades educating the American public about the significance of a trust, and the difference between it and a will. They recently visited Stockton, and Modesto in California, and the Baltimore, Maryland area on the east coast, in an effort to impart valuable wisdom on estate planning and the…

In Dillon Stadium Debacle, Insurance Issue May Hurt City’s Chance At Recouping Money

March 29, 2016

March 30– The messy collapse of the plan to rebuild Dillon Stadium may get messier still, with lawyers for the city of Hartford exploring the question of whether the soccer field’s developers held a valid liability insurance policy. After the stadium deal collapsed in the fall, Hartford officials demanded that developer Premier Sports Management Group…

By spreading costs all insured Alaskans, bill looks to stabilize individual health insurance market

March 29, 2016

March 30– Another year of astronomical rate increases is expected for Alaska’s individual health insurance market, a state insurance official said Tuesday, and the administration of Gov. Bill Walker has introduced a new bill that it hopes would help alleviate some of that pain by spreading costs to all insured plans in Alaska. Since its rollout in 2014, price…

HCA hospitals sue Molina Healthcare over emergency room payments in Miami-Dade

March 29, 2016

The lawsuit was filed in February by Kendall Regional Medical Center and eight other local hospitals owned by the Tennessee- based Hospital Corporation of America, or HCA, one of the nation’s largest for-profit systems. In the complaint, HCA alleges that Molina Healthcare of Florida chose not to include the hospitals as in-network for Molina’s Obamacare…

St. Luke’s to pay $8.4M in legal costs to Saint Al’s and others

March 29, 2016

March 29– St. Luke’s Health System has been ordered to pay $8.4 million of attorney fees and costs to Saint Alphonsus Health System, Treasure Valley Hospital and the Idaho Attorney General’s Office from a 2013 antitrust lawsuit against St. Luke’s over its buyout of Saltzer Medical Group in Nampa. He subtracted 10 percent from the amount Saint Alphonsus, Treasure…

FLP Transfer Runs Afoul of IRC Section 2036 (a)

March 29, 2016

Just under three months after the case Estate of Purdue v. The decedent died a resident of Tennessee in 2009, survived by her two sons. The decedent transferred just under $6 million to the FLP.

Highmark settles with former CEO over his firing

March 29, 2016

March 29– Highmark Inc. and its former president and CEO, Dr. Court documents filed Thursday in Allegheny County Common Pleas Court indicated the case had been resolved. Melani sued Highmark for more than $32 million in March 2015, alleging the health insurer owed him $25.85 million in severance and pension payments and that Highmark fired him because he…

BRIEF: Lincoln National life insurance class action settlement is approved

March 29, 2016

March 29– An Indiana court has given final approval to a $2.25 billion life insurance class action settlement that covers about 3,000 residents of Missouri and Kansas. Policyholders will receive term life insurance certificates with death benefits of $2.25 billion and a market value of $171.8 million, according to the Miller Schirger LLC and Stueve Siegel…

Texas Revokes Registration Of Advisor, Radio Talk Show Host

March 29, 2016

March 29– FORT WORTH– The Texas State Securities Board is revoking the registration of a Fort Worth investment adviser after an investigation found he engaged in fraudulent practices and sold securities without being properly registered. Poe’s investment advisory firm, Jim Poe& Associates, was also sanctioned for failing to disclose the excessive fees it…

Justices Seem To Seek Compromise In Birth Control Case

March 29, 2016

—A seemingly divided Supreme Court is exploring a possible compromise ruling in the dispute between faith-based groups and the Obama administration over birth control. Another option is to leave the issue unsettled until a ninth justice is confirmed to take the place of Justice Antonin Scalia. The groups say the process triggers the government’s hijacking…

CNA Appoints Joel Townsend Senior Vice President, Claim

March 29, 2016

–CNA today announced the appointment of Joel Townsend as Senior Vice President, Claim. Prior to joining Chubb, Joel was a partner at Ross, Dixon& Masback, LLP. Joel holds a Bachelor of Arts in economics and public policy from Stanford University and a Juris Doctor degree from the University of Virginia.

Fitch Affirms Horace Mann’s Ratings; Outlook Stable

March 29, 2016

Fitch Ratings has affirmed the’ A’ Insurer Financial Strength ratings of Horace Mann Educators Corporation’s insurance subsidiaries. Fitch has also affirmed Horace Mann’s Issuer Default Rating at’ BBB+’ and senior unsecured notes at’ BBB’. HMN’s financial leverage ratio was moderate at 19% at Dec. 31, 2015.

Lincoln National Class Action Settlement Approved

March 29, 2016

March 29– An Indiana court has given final approval to a $2.25 billion life insurance class action settlement that covers about 3,000 residents of Missouri and Kansas. Policyholders will receive term life insurance certificates with death benefits of $2.25 billion and a market value of $171.8 million, according to the Miller Schirger LLC and Stueve Siegel…

Chubb Launches Practice to Mitigate Critical Risks Challenging Today’s Healthcare Organizations

March 29, 2016

Chubb’s Healthcare Industry Practice brings together the company’s capabilities to offer a full range of innovative insurance products and services for healthcare customers, including hospitals, physicians, long-term care facilities, managed care providers and other miscellaneous medical facilities and operations. The Healthcare Industry…

Slice Labs Raises $3.9M Seed Round Led by Horizons Ventures and XL Innovate

March 29, 2016

Slice Labs Inc., an insurtech startup set to launch the industry’ s first on-demand insurance platform to support the on-demand economy, announced today that it has secured USD $3.9 million in seed funding led by Horizons Ventures and XL Innovate. Slice’ s first product launched on the platform will be a proprietary pay-per-use policy for Uber and Lyft drivers…

Detailed Examination of the Manual Wheelchair Market 2016 Size, Shares, Analysis, Forecast and Growth to 2020

March 29, 2016

Market Research Store releases a new market research report “Global Manual Wheelchair Market 2016 Forecast to Industry Size, Shares, Strategies, Trends, and Growth 2018” to add to its collection of research reports.Deerfield Beach, FL—- 03/29/2016– A new study on Manual Wheelchair Market Shares and Forecasts, Worldwide, 2012-2018. The 2012 study has 365 pages, 110…

Petersen Adds PPO To Short-Term Medical Plan

March 29, 2016

Petersen International Underwriters of Valencia, CA, is pleased to announce the U.S. launch of their newly enhanced Short Term Medical…

Wealth Management Specialist Veronica Olguin Joins ORBA’s Tax Department

March 29, 2016

–Ostrow Reisin Berk& Abrams, Ltd., one of Chicago’s largest public accounting firms, is pleased to welcome Veronica Olguin to its Tax Department. “Ms. Olguin’s broad range of knowledge on estate and trust matters will bolster the strength of our firm’s Tax Department, and create even greater value to our client services,” says ORBA Managing Partner Mark Thomson.

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