Pictured, during CNA’s presentation of its Leadership in Safety Award to ConGlobal, are: Pat McNichols, CNA; Steve Morrow, CNA; Ruth Crocker, CNA; Cris Dawson, ConGlobal; Mike Baldwin, president, ConGlobal; Mike Robertson, ConGlobal; Tim Overby, CNA; Dave Liebman, ConGlobal; and Doug Helms, CNA. “Risk control is an integral part of the services that CNA offers our customers,”…
Newswires
The following discussion and analysis should be read in conjunction with our audited consolidated financial statements and the related notes for the years ended December 31, 2011, 2010 and 2009, included elsewhere in this annual report. This section of the annual report contains forward-looking statements which are subject to known and unknown risks,…
A.M. Best Co. has downgraded the financial strength rating to B from B++ and issuer credit rating to“ bb” from“ bbb” of Austin Mutual Insurance Company. As a result, A.M. Best remains concerned with Austin Mutual’ s volatile underwriting performance and potential for further erosion of capital, as its business continues to face ongoing exposure to weather-related…
Argo Surety, a member of Argo Group International Holdings, Ltd., announced today several promotions that will position its commercial surety business for expanded operations and client service throughout the U.S. Mark Farina has been promoted to senior vice president of underwriting, directing the eastern and southern regions of the U.S.; Dan Carlson was…
March 27– DIXON– The Sauk Valley Community College board Monday approved a 3- year contract for its 46 full-time faculty members that includes 3 years of raises and higher health insurance costs, and is retroactive to July 1. Teachers received a 2.5 percent salary increase for the current school year at a cost of $59,000 to the college. This year’s premiums…
March 27– BELLEVILLE– St. Clair County officials have scheduled a press conference for 10:30 a.m. today to announce the details of a free prescription drug discount program that will become available to county residents. The new program aims to offer drug discounts for county residents who don’t have health insurance or whose insurance does not pay for…
A.M. Best Co. has affirmed the financial strength rating of A+ and issuer credit ratings of“ aa-” of the two life/health subsidiaries of Nationwide Financial Services, Inc.: Nationwide Life Insurance Company and Nationwide Life and Annuity Insurance Company. Additionally, A.M. Best has affirmed the ICR of“ a-” of NFS and the debt ratings on the group’ s outstanding…
The Exchanges, which will become operational by January 1, 2014, will help enhance competition in the health insurance market, improve choice of affordable health insurance, and give small businesses the same purchasing clout as large businesses. DATES: Effective Date: These regulations are effective on May 29, 2012. To be assured consideration, comments must…
Another south Texas resident has been convicted in relation to a multi-million dollar conspiracy to defraud Aflac; a total of 36 persons were charged in mid-June 2011…
San Francisco, CA March 27, 2012. Linda Rhodes, chief gerontologist at Homecare.com and the former Pennsylvania Secretary of Aging, and author of the award-winning book “Finding Your Way: A Guide for Family Caregivers”. Caregivers can also easily find information on top-of-mind subjects directly related to caring for aging adults, including Medicare and…
A Redlands, Calif., insurance agent was arrested for allegedly embezzling $400,000 in premiums
MCALLEN, TX- Another south Texas resident has been convicted in relation to a multi-million-dollar conspiracy to defraud the American Family Life Assurance Company, United States Attorney Kenneth Magidson announced today. A total of 36 persons were charged in mid-June 2011 in a number of indictments for their roles in a conspiracy to defraud Aflac of…
After Nationwide didn’t renew his homeowner’s policy, Antwanne Woods bought another policy from the company online using the name “Antoine Woods”…
March 27– The state terminated three Medicaid physicians who were prescribing relatively high amounts of potent psychiatric and pain drugs, while two other providers are under investigation by federal agencies, according to information provided to a U.S. senator. Fink oversees Hawaii’s Medicaid program, a state and federally funded health insurance…
Nelson Levine de Luca& Horst announced today the opening of a Washington, D.C. office to further assist insurers throughout the world embrace the modernization of insurance regulation. Washington and the international community are poised to have a strong influence on the regulation of insurers and reinsurers, and with its new office, Nelson Levine de Luca&…
ViryaNet Limited, a leading provider of software solutions that optimize the planning, execution, and monitoring of service processes for mobile workforces, announced today that Globema, a ViryaNet partner, was selected to implement and integrate ViryaNet’ s mobile workforce management solution for Emitel, a broadcasting services provider in Poland.
Guidewire InsuranceSuite™ to help Arizona workers’ compensation provider enhance customer service capabilities and anticipate business growth and change. PHOENIX& SAN MATEO, Calif.—- The Arizona State Compensation Fund, an insurance company that provides workers’ compensation insurance in Arizona, and Guidewire Software, Inc., a provider of core system…
KANSAS CITY, Mo., March 27, 2012/ PRNewswire/– A large national dental network has many benefits, including more choices, potential savings and greater participant satisfaction, but most of them can’t be realized if your dentist– the one you’ve grown to know and trust– isn’t part of it. This gives employers and employees something to smile about, “said Paul Walker,…
Personable Insurance Acquires Peachtree Casualty Insurance Company and First Insurance Network, Inc.
Personable Holdings, Inc. announced that it has acquired 100% of the stock of Smyrna, Georgia- based Network Holding, Inc.. Network is the parent company of First Insurance Network, Inc., a managing general insurance agency, and Peachtree Casualty Insurance Company, a Florida- domiciled P&C insurance company licensed to write private passenger automobile…