Executives for Florida Blue, the state’s oldest and largest health insurance provider, vowed at a public hearing that the company’s plan to reorganize as a stock insurer under a mutual holding company would not affect executive compensation or negatively impact services…
Newswires
ACE Limited reported net income for the quarter ended June 30, of $2.59 per share, compared with $0.96 per share for the same quarter last year. Book value per share declined 2.3 percent from March 31, to $80.26 due to rising interest rates. For the six months ended June 30, net income was $5.36 per share, compared with $3.80 per share for 2012. Operating income was…
Allied World Assurance Company Holdings, AG announced that Allied World Bermuda has launched a new Accountable Care Organization liability solution product. Last year Allied World launched an ACO product for the U.S. market for companies of any size or make-up, and this year its Bermuda ACO product has been created for the Bermuda- centric healthcare clients…
The Network recently recognized Network recruiters John Moskonas of The ARGroup of Search Companies and Kirby Butler, CPC of The Butlers Co. Insurance Recruiters for winning both the Largest Split Fee of the Month Award and the Largest Split Fee of the Quarter Award. THE TOP FIVE SPLIT FEES FOR THE QUARTER: In addition to Moskonas and Butler, the other largest…
The national health reform law is expected to open the door for identity theft and insurance scams when millions of uninsured Americans begin enrolling in coverage this fall, officials and advocates warn…
The following discussion and analysis should be read in conjunction with the consolidated financial statements and related notes thereto included in this Quarterly Report on Form 10- Q for the period ended June 30, 2013 and the consolidated financial statements and related notes thereto and Item 7, “Management’s Discussion and Analysis of Financial…
USI Affinity is excited to announce a new insurance product available to members of the New Jersey State Bar Association: a Cyber Liability Insurance Policy tailored specifically for law firms. USI Affinity, the exclusive administrator for the NJSBA Insurance Program, worked with specialist insurer Beazley to develop the new cyber liability product…
MGIC Investment Corporation today announced that Daniel A. Arrigoni has joined the company’s Board of Directors and will be a member of the Board’s Audit Committee and Risk Management Committee. We look forward to his input as the U.S. mortgage market continues to evolve during these unprecedented times, “said Curt Culver, MGIC Investment Corporation’s…
A new approach to health care under the federal health reform law that rewards hospitals financially for keeping patients healthy at less cost is beginning to yield results in Maine…
Obamacare advocates repeatedly said that its expansion of Medicaid would save thousands of lives a year. Now, out of Oregon, comes a study that casts doubt on the premise that insurance improves health. In 2008, Oregon state government had enough Medicaid money to extend the program to 10,000 people, but many more were eligible.
RateSupermarket.ca, Canada’s comprehensive rate comparison site, has unveiled new additions to their rate comparison options- a newly enhanced car insurance engine featuring over 40 carriers, and a brand new, in-depth travel insurance comparison service. Powered by Kanetix Ltd., RateSupermarket.ca’ s certified auto and travel insurance quote provider,…
Knox envisions that each of the more than 290 district and charter schools would house a walk-in clinic staffed by a nurse-practitioner or physician assistant, who would bill the child’s insurance provider $60 per visit. More than 1,900 health centers are in schools around the country, according to the nonprofit School-Based Health Alliance.
Indiana employers, desperate to curb the cost of their workers’ health benefits, are taking a new look at an old idea…
When New Jersey first allowed companies to form captive insurance companies two years ago, BASF took note. “What Vermont clearly saw, and which New Jersey will be getting, is a lot of the ancillary services that go with running a captive- actuarial, banking, investment services,” said Leslie A. Fowler, director of insurance for BASF, in Florham Park.
It’ s no surprise that Americans are riding their bicycles in increasing numbers. Markel American Insurance Company, a specialist in bicycle insurance, recognizes that while millions of Americans enjoy riding their bicycles, many are confused about what specialized insurance covers and— even worse— may fall victim to common misconceptions about insurance…
Mark Geragos and Brian Kabateck, two of the attorneys in class-action lawsuits that descendants of Armenian genocide survivors filed in federal court against insurers, have settled their lawsuit against their Glendale- based co-counsel on the multi-million dollar insurance case– Vartkes Yeghiayan and his wife, attorney Rita Mahdessian, Geragos and…
TAMPA, Fla., July 25, 2013– HCI Group, Inc. plans to hold a conference call on Thursday, August 1, 2013 at 4:30 p.m. Eastern time to discuss results for the second quarter ended June 30, 2013. Date: Thursday, August 1, 2013 Time: 4:30 p.m. Eastern time Listen-Only Number: 877-407-9210 International: 201-689-8049. Investors or analysts that wish to participate in the…
Founded by former Senate Majority Leaders Howard Baker, Tom Daschle, Bob Dole, and George Mitchell, BPC is a non-profit organization that drives principled solutions through rigorous analysis, reasoned negotiation, and respectful dialogue, focusing on numerous issue areas, such as economic policy, energy, housing, immigration, and health care.
Chairman Conaway, Ranking Member Scott and Members of the Subcommittee: thank you for holding this hearing to review the reauthorization of the Commodity Futures Trading Commission. My name is Lance Kotschwar, Senior Compliance Attorney for Gavilon Group, LLC. Specifically, our industry member firms are regular users of the Chicago Board of Trade, Chicago…
