While in high school, Joe worked with his father, an immigrant from Sicily, as a shoemaker. And while working his way through college, Joe had another challenging job: climbing over scaffolding at City Hall to keep tabs on laborers as a timekeeper. From these occupations, Joe D’Amico forged ahead in life, earning a college degree and becoming a successful…
Newswires
Jan. 24– COLUMBIA, S.C.– Retired Columbia police and firefighters who sued the city over changes to their insurance costs may see a jury decide whether promises were broken over how much that insurance would cost. The S.C. Court of Appeals on Wednesday issued a ruling that sends the case back to Richland County circuit court, where a judge had dismissed the lawsuit,…
CareClix, a mobile health and telemedicine company based in the Washington, DC area, is collaborating with Coventry Health Care of Virginia to offer Coventry’ s members telephonic and video access to a local physician, 24 hours a day, 7 days a week. The CareClix product links Coventry’ s members to local health care providers for high-level health care…
As the number of people who work from home continues to rise, statistics from AXA Business Insurance suggested that the majority of the 5.4 million homeworkers in the UK are, probably unknowingly, operating without the insurance cover they need and over half are potentially breaking the law in the process. According to research from AXA, 16 percent of…
According to a release, Michigan organizations and human resources professionals are focusing on managing health care benefits costs while also adapting to and complying with the law. More than 550 southeast Michigan organizations are expected to participate in the free survey. -Highlight whether Michigan organizations plan to continue offering group…
A.M. Best Asia-Pacific Limited has assigned a financial strength rating of A- and issuer credit rating of “a-” to PT. The outlook assigned to both ratings is stable. The ratings also consider the support provided by the shareholders of Samsung Fire& Marine Insurance Co., Limited and PT.
On February 4, Cigna will begin sales of its new Medicare Supplement Plans insured by American Retirement Life Insurance Company, the Company announced. Cigna said that the program will be marketed and administered through its Supplemental Benefits division in Austin, Texas. “Traditional Medicare includes cost sharing and benefit limitations that can…
New York Life announced that Annamaria Banaszek, Craig DeSanto and John DiRago have been elected senior vice presidents of the company, reporting to Chris Blunt, president of the Insurance Group. Prior to joining New York Life, Banaszek held progressively more responsible roles at Coopers& Lybrand, Citibank and Deutsche Bank and is a Certified Public…
-Lifetime Achievement in Governance: Samuel Thier, Former CEO, Partners HealthCare System; Director of Charles River Laboratories; former Director of Merck& Co., Inc. and Federal Reserve Bank of Boston; member of the Board of Overseers of Cornell University Weill Medical College, of Brandeis University Heller School for Social Policy and Management, and Dean’s…
LOUISVILLE, Ky.– A former sales manager for Humana pleaded guilty Wednesday to taking more than $2 million in bribes from a South Carolina company to steer insurance brokers their way. James Albert Wegner Jr., 48, of New Port Richie, Fla., admitted to a role in a scheme to cut out other insurance brokers and steer Medicare Advantage and Medicare Prescription Drug…
Pearl River, N.Y, January 23, 2013—Mr. Joseph Fedor, Executive Vice President, U.S. RE Companies, today announced that Mr. Michael…
Quarterly advisory revenues highest since 2007 and third largest in Firm’s history, up 17% from prior year fourth quarter Annual advisory revenues down 4% from prior year while worldwide overall volume of M&A completions declined 14% Total revenues, as well as cost ratios and profit margins, negatively impacted in the fourth quarter by an investment loss of…
ALEXANDRIA, Va., Jan. 23– The following federal patents were awarded to inventors in Connecticut. ALEXANDRIA, Va., Jan. 23– Hartford Fire Insurance, Hartford, Conn., has been assigned a patent developed by Philip W. Michalowski, Glastonbury, Conn., Keith E. Golembiewski, Suffield, Conn., and Joseph M. Weiss, Glastonbury, Conn., for a “system and method for processing data relating to…
Mr. Rouse joins Ironshore from Marsh in Sydney where he oversaw the development of the Political Risk and Structured Credit business lines. Prior to Marsh, Mr. Rouse worked in Sydney for QBE, where he served as an underwriter for the Trade Credit and Political Risk business. Ironshore provides broker-sourced specialty property insurance, U.S. property…
Global Finance presents the winners of its Best Global Risk Management Providers 2012 Awards, incorporating our Best Global Insurers and Best Derivatives Providers Awards. Europe’s financial woes elevated concerns over trade credit exposures. In the context of these developments, “the funding and execution of loss prevention and risk management…
Investors are piling into rapidly growing markets such as Brazil and Argentina. Economic data shows unexpected strength in foreign direct investment in Brazil and Argentina this year. For insurers/’that’s where the real opportunity is to have a dialogue about the client’s balance sheet, income statement and cash flow protection “and how all three could be…
Just as with Katrina, one of the first concerns in Isaac’s aftermath was insurance. Fortunately, losses were less than Katrina and the state’s windpool stood the test. But, the storm caused more losses for the tourism/hospitality industry that was still reeling from Katrina and the BP oil spill.
LTC Connection Launches New Product, Offering A “Super Simple” Solution For Selling LTC Policies
 Monument, CO, January 23, 2013 – LTC Connection, the Long-Term Care insurance (LTCi) industry’s leading provider of mandatory LTC…
These are just some of the risks facing business executives in the year ahead, according to a special feature on WillisWire, the blogging platform of Willis Group Holdings plc, the global insurance broker. In the special feature, Julian Roberts, Executive Director, Willis Weather Risk Solutions, says that unpredictable weather is fast becoming a norm that…
