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Nelson Levine de Luca & Hamilton Names Nicholas Bacon as Director, International Markets [Professional Services Close – Up]

March 25, 2013

According to a release, Bacon will work with the firm’s leadership and attorneys to advance Nelson Levine’s growth and presence in London, Bermuda, Continental Europe and the other international markets. “As a former senior insurance executive with decades of experience in the international market, Nick has the ability to help Nelson Levine work with…

ABD Insurance & Financial Services Intros New Hires [Professional Services Close – Up]

March 25, 2013

ABD Insurance& Financial Services, Inc. announced the addition of four individuals to provide service to our ABD clients. We look for those with a deep passion for delighting clients and a focus on making every experience with ABD the best it can be, “said Brian Hetherington, CEO and Co-Chairman. Kevin Yoast, Account Executive in the Private Client Services…

A.M. Best Upgrades Ratings of American Resources Insurance Company [Manufacturing Close – Up]

March 25, 2013

A.M. Best believes ARIC is adequately positioned at its current rating level. However, the ratings and/or outlook may come under negative pressure if there is adverse development with the company’s run-off liabilities, a significant deviation in actual operating results from projected results over the near term or a significant erosion of its capital base…

The Doctors Company and QuantiaMD Team to Encourage Knowledge- Sharing and Collaboration [Health & Beauty Close – Up]

March 25, 2013

The Doctors Company, a malpractice insurer, and QuantiaMD, a social learning and collaboration platform for physicians, have announced a partnership to give physicians expanded opportunities to collaborate on patient safety and medical malpractice issues presented by industry experts. Currently, the page features “Pending Malpractice Claims Consume…

Allianz Life Employees Vote to Give $100K to Local Charities [Health & Beauty Close – Up]

March 25, 2013

Allianz Life Insurance Company of North America announced that employees voted to give $100,000 to local charities. The 2013 Allianz Life employee-elected charities are: the American Cancer Society, the Animal Humane Society, the Down Syndrome Association of Minnesota, and HopeKids. “It is an honor to see Allianz Life employees once again engage in local…

New York Life Appoints CFO [Professional Services Close – Up]

March 25, 2013

John Fleurant has been elected executive vice president and chief financial officer, effective July 1. Executive Vice President and Chief Financial Officer Michael Sproule will retire as scheduled on June 30, at which time Fleurant will begin serving as the company’s chief financial officer. Chairman and CEO Mathas said, “Over the past two and a half years, the…

Radian Appoints Chief Policy Officer, Government and Industry Relations [Professional Services Close – Up]

March 25, 2013

Radian Guaranty Inc., the mortgage insurance subsidiary of Radian Group Inc., announced the addition of 30- year mortgage industry veteran, Phillip Bracken, to the team. “As the housing market gains momentum, we need a strong, dedicated voice on Capitol Hill who will advocate for Radian and for balance within the mortgage industry, which is why we created this…

Fitch Affirms Central Plains Energy Project No. 1 (NE) Gas Proj Revs Ser 2007A&B at ‘A’ [Professional Services Close – Up]

March 25, 2013

Fitch Ratings has affirmed the ratings on the following bonds issued by the Central Plains Energy Project, NE:. The principal counterparties in the CPEP Project No. 1 transaction include Goldman Sachs Group, Inc., Transamerica Life Insurance Company Royal Bank of Scotland plc, the Metropolitan Utilities District of Omaha, and MBIA, Inc.. SOLID GUARANTEED GAS…

Aetna Aligns with Starr International to Offer Insurance in Hong Kong [Professional Services Close – Up]

March 25, 2013

Aetna, a diversified health care benefits company, and Starr International Insurance have formed a strategic alliance to offer medical insurance and health care solutions in Hong Kong. According to a release, as part of the new relationship, Aetna’s medical insurance policies in Hong Kong are being underwritten by Starr International, an insurance firm…

Erie Insurance Honored as a Top Insurance Company by Professional Women’s Magazine [Manufacturing Close – Up]

March 25, 2013

Professional Women’s Magazine has named Erie Insurance one of the top insurance companies on its annual Best of the Best list. “ERIE offers a diverse environment where our employees are welcomed, challenged and engaged,” said Tesha Nesbitt Arrington, director of diversity and inclusion at Erie Insurance. ” We thank Professional Women’s Magazine for…

Temkin Group Research: TriCare and Kaiser Permanente Take Top Spots in Health Insurance Sector for Customer Experience [Manufacturing Close – Up]

March 25, 2013

Based on a study of 10,000 U.S consumers, TriCare and Kaiser Permanente earned the top spots in the health insurance sector of the 2013 Temkin Experience Ratings. At the other end of the spectrum, Empire, Medicaid, and Highmark were the lowest-rated health plans. The 2013 Temkin Experience Ratings includes 15 health plans: Aetna, Anthem, Blue Shield of California,…

Insurance services feed local resurgence [Telegraph-Herald (Dubuque, IA)]

March 24, 2013

Through a combination of advanced technologies, leadership skills and Midwestern work ethic, insurance services have become an important contributor to the revitalization of the Dubuque- area economy. “Fortunately, here in Dubuque we have players who have been committed to domestic customer service based on both the quality of that service and most…

Spring chill is no deterrent to catching big bass [The Kansas City Star]

March 24, 2013

March 24– The air temperature had dropped to about 30 degrees, and a strong north wind kicked up whitecaps on Lake of the Ozarks. So why was Marcus Sykora standing at the bow of his bass boat, saying this was his favorite time of the year to go after big bass? “Some fishermen think you have to wait until the weather warms up before you can catch bass,” said Sykora, who was…

District to begin insurance broker search [Richmond Register, Ky.]

March 24, 2013

March 23– RICHMOND– In mid-January, 174 school districts received a memo that the Kentucky School Boards Insurance Trust was dissolving, and member districts would be left with the bill. “Almost every district in the state has been a part of KSBIT at some point,” said Debbie Frazier, Madison County Schools’ chief finance officer. In February, Madison County received a “…

Local business owners share worries about taxes, cost of healthcare [The Pantagraph, Bloomington, Ill.]

March 24, 2013

March 24– BLOOMINGTON– Scott Baum owns and operates Baum Chevrolet in Clinton, where his 70 employees are part of a group insurance plan. “I’ve always taken care of a pretty big portion of the health insurance at the dealership because I believe it’s a benefit that keeps good people in long term,” said Baum, who also employs about 30 other people at Ted’s Garage, a…

Insurance offered by water company affiliate might be superfluous [Lexington Herald-Leader]

March 24, 2013

March 24– More bills began arriving in Lexington mailboxes last fall after Kentucky American Water stopped handling the billing for Lexington city services including landfill, sanitary sewers and water-quality management. Now a mass mailing from a company affiliated with Kentucky American Water has some asking more questions. American Water Resources,…

A need for more interpreters in Valley [The Fresno Bee]

March 24, 2013

About 170,000 limited-English speakers in the Valley will be newly eligible for insurance either from Medi-Cal or federally subsidized health plans on the state health-benefit exchange beginning in January. George Flores, program manager for prevention at The California Endowment, a private, statewide health foundation. California is ill-prepared to…

4 lawsuits settled over Waveland police’s Taser use; chief wants devices back [The Sun Herald]

March 24, 2013

March 24– Waveland, which has faced at least 10 federal lawsuits since 2009 over its police force’s use of Tasers, has settled four of the cases, court records show, but the city’s legal defense bills will continue to rise at taxpayers’ expense. The Sun Herald has filed a public-records request for that amount. The city’s insurer had notified officials in 2011…

Professionals on the move [The Times, Munster, Ind.]

March 24, 2013

Paul Sciarra, of Bartholomew& Son insurance company in Valparaiso, has completed the property an casualty prelicensing class as well as the state exam. Denise Francis, licensed massage therapist and craniosacral therapist, has joined Healing Arts Center in Valparaiso. Several associates from Re/Max Affiliates in Valparaiso were recognized for…

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