The regulations will allow court orders submitted to the appropriate Federal agency before July 22, 1998 to be effective for providing FEGLI benefits if the court order was received in the appropriate office before the insured Federal employee’s or annuitant’s death. This revision does not affect the current statutory limitation that court orders apply…
Newswires
PPG and Corning Inc., which formed Pittsburgh Corning as a joint venture in 1937, will fund the trust along with their insurance companies and contributions from Pittsburgh Corning. The claims against the company involve asbestos pipe insulation called Unibestos manufactured from 1962 to 1972 at Pittsburgh Corning plants in Tyler, Texas, and Port Allegany,…
April 27– ERIE, Pa.– A 53- year-old Erie man was sentenced Wednesday in Erie County Court to serve one year to two years in state prison on charges he recklessly started a trash can fire that burned through the Emmaus Soup Kitchen on Sept. 25. Thomas Munch must also serve two years probation and pay $193,393 restitution to Erie Insurance, Judge William R. Cunningham…
Following the example of several Blue Cross and Blue Shield member companies last year, UnitedHealthcare, the nation’s largest commercial health insurer, just confirmed that it will be exiting the ACA insurance exchanges in most states. McKinsey& Company reported that insurers in 41 states did not see any profit in 2014.. Watertree Health President Shane…
Empower Retirement, the nation’ s second-largest retirement services provider, was named Retirement Leader of the Year at the 23 rd annual Mutual Fund Industry Awards, held in New York City last night. “As a firm that strives to help millions of Americans achieve a secure, dignified retirement, we are honored to receive this recognition,” said Empower President…
Stadion Money Management, a money management firm known for its defensively-oriented philosophy and strategies using ETFs, today announced that Nationwide has made Stadion’ s StoryLine small business 401 solution available on its platform. StoryLine, built with SPDR ® ETFs, has been designed specifically to address the needs of 401 participants in…
LOS ANGELES, April 27, 2016/ PRNewswire-iReach/– Lowestcarinsuranceratesonline.com has released a new blog post presenting 2015 U.S. car accidents statistics. In 2015 the number of fatal car crashes has increased, according to reports from the the National Highway Traffic Administration and the National Safety Council. Statistics show that 2015 will shape…
An investigation on behalf of participants of the Teamsters-National 401 Savings Plan concerning potential breaches of fiduciary duties was announced and those Teamsters-National 401 Savings Plan participants should contact the Shareholders Foundation. Those who are participants of the Teamsters-National 401 Savings Plan have certain options…
Fidelity Clearing& Custody Solutions, the division of Fidelity Investments that provides clearing and custody to registered investment advisors, retirement recordkeepers, broker-dealer firms, banks and insurance companies, today released the results of its 3 rd bi-annual study on advisor movement. The study explored the motivations and experiences of…
The Guardian Life Insurance Company of America ®, one of the largest mutual life insurers and a leading provider of employee benefits, today announced the availability of Voluntary Permanent Life Insurance through the workplace. Guardian’ s Voluntary Permanent Life Insurance can be fully paid up by age 65, so the employee has no additional premiums upon…
Office Address: Department of Homeland Security; United States Coast Guard; USCG Surface Forces Logistics Center Procurement Branch 1; 300 East Main StreetSuite 600 Norfolk VA 23510-9102. USCG Surface Forces Logistics Center Procurement Branch 1. NOTICE FOR FILING AGENCY PROTESTS United States Coast Guard Ombudsman Program It is the policy of the United…
–Omnitracs, LLC, a global pioneer of fleet management solutions to transportation and logistics companies, today announced the appointment of experienced executive Stacy Repult as vice president of finance. Repult started her career in the mergers and acquisitions tax practice at Pricewaterhouse Coopers and has also held positions at Fujitsu-ICL,…
Many policyholders can further limit premium increases by reducing their plan benefits in accordance with the department’s agreements with the insurers, according to an Insurance Department news release. The companies can request more increases in the future but cannot change plan benefits without policyholders’ consent, Insurance Department…
April 27– Two businessmen from Bedford with varying levels of political experience are facing off for the Republican nomination to the open State Senate seat in District 44. Brent Steele, a Republican from Bedford who is retiring from the Indiana Senate after three terms in that chamber. The district covers Brown County, Lawrence County and portions of Monroe,…
April 26– The good news about teen driving is vehicle-related deaths have decreased 51 percent for 15- to-19-year-olds since 1999, according to the National Highway Traffic Safety Administration. Still, motor vehicle fatalities are the leading cause of death among teenagers, accounting for one-third of all teen deaths, according to the Centers for Disease…
Seth Glickenhaus, a bond trader turned money manager whose studies of law and medicine failed to lure him away from Wall Street, his professional home for more than eight decades, has died. From his start as a messenger at Salomon Brothers& Hutzler in the run-up to the 1929 stock-market crash, to his stewardship of Glickenhaus& Co. well into his 90 s, Glickenhaus…
–Finaccord’s report titled Travel Insurance and Assistance in China is about the current status and likely future development of the market for stand-alone travel insurance policies in China. It includes the following unique features:- data spanning 2011 to 2015 for the underlying travel market with a segmentation by type of journey and with related…
A.M. Best has upgraded the financial strength rating to B+ from B and the issuer credit ratings to“ bbb-” from“ bb+” of the subsidiaries of USHEALTH Group, Inc.: Freedom Life Insurance Company of America and National Foundation Life Insurance Company. USHEALTH Group remains focused on further expanding its ancillary product offerings, developing captive…
A.M. Best has affirmed the financial strength rating of B and the issuer credit rating of “bb+” of Philmont Insurance Company. Concurrently, A.M. Best has withdrawn the ratings in response to the company’ s request to no longer participate in A.M. A.M. Best remains the leading rating agency of alternative risk transfer entities, with more than 200 such vehicles rated…
