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House Energy and Commerce Subcommittee on Oversight and Investigations Hearing

May 25, 2016

Testimony by Shantanu Agrawal, Deputy Administrator and Director, Center for Program Integrity, Centers for Medicare and Medicaid Services, U.S. Department of Health and Human Services. Chairman Murphy, Ranking Member DeGette, and members of the Subcommittee, thank you for the invitation to discuss the Centers for Medicare& Medicaid Services’ efforts to…

Cheryl Bowker of Bowker Insurance Group Honored with Dick McKenna Good Hands Legacy Award

May 25, 2016

Cheryl Bowker of Bowker Insurance Group has been presented with one of the highest honors Allstate has to bestow: the Dick McKenna Good Hands Legacy Award. McKenna ran one of Allstate’s most successful agencies for 48 years, but it was his tireless commitment to others which continues to inspire all those who knew him. During the awards ceremony, Tom Wilson,…

Proposed legislation offers incentives to living organ donors in Pa.

May 25, 2016

May 25– A Pennsylvania lawmaker plans to introduce legislation this week that would allow pilot programs to give non-cash rewards to people who donate a kidney or part of their liver. The proposal from U.S. Rep. Matt Cartwright, D- Moosic, includes potential rewards for donors such as health insurance, tax credits, contributions to the donor’s favorite charity and…

Residents, crews continue cleaning up after Sunday night storm

May 25, 2016

May 25– A section of a Grand Forks street remained closed late Tuesday morning, signaling the level of damage left by a Sunday night thunderstorm that knocked down trees and cut power to thousands of residents. The National Weather Service estimated that wind speeds reached 100 to 110 miles per hour in some areas during the storm. Park Drive was the only street…

Acadian Managers to Serve As Exclusive Louisiana Program Administrator for Spinnaker Insurance Company

May 25, 2016

Acadian Managers, LLC announced today it has entered into an agreement with Spinnaker Insurance Company to underwrite and market Spinnaker’s Homeowners and Dwelling Fire products in Louisiana through Acadian’s network of over 250 agents. Spinnaker will be Acadian’s exclusive insurance carrier rated A- or better by A.M. Best Company for Louisiana…

Can Affordable Health Insurance Happen in 2016? BeniComp Has a Solution

May 25, 2016

BeniComp Insurance Company, a leading national provider of supplemental group health insurance, has seen a significant spike in their clients’ employee participation for their wellness initiatives. BeniComp clients experience nearly 100% participation in their annual biometric health screening by implementing a high-deductible health plan with…

Storm Ventures Group partners with Upstate Aerial Training and iRoofing to provide advanced Drone Training to construction contractors

May 25, 2016

DALLAS, May 25, 2016/ PRNewswire-iReach/– Storm Ventures Group, Upstate Aerial Training, and iRoofing launch the first Drone Mastery Training class on June 24 from 11 a.m.- 4 p.m. at the Dallas/ Fort Worth Marriot Solana located at 1301 Solana Blvd., Building 3, Westlake, Texas. The Drone Mastery course provides training for contractors to analyze property damage from…

Adult Smoking Rate Dips To Historic Low In 2015

May 25, 2016

The CDC issued an early release of data from the 2015 National Health interview survey. The CDC has said smoking is the leading cause of preventable disease and death in the United States, resulting annually in 480,000 premature deaths and more than $300 billion in direct health care expenditures and productivity losses. Even with the decreasing adult…

Fire at self-storage facility in Evans causes damage to most of building

May 24, 2016

May 24– A fire Monday morning at a K& K Self Storage building in Evans damaged almost all the units in the structure. About 8:30 a.m. Monday, a fire started in a K& K storage unit, 3951 Carson Ave., and quickly spread until Evans firefighters controlled the fire at 9:55 a.m., said Sharon Bowles with the Evans Fire Protection District. Platte Valley Fire Protection…

Horry County officials to appeal FEMA flood zone maps

May 24, 2016

May 24– Horry County officials are planning to appeal FEMA’s proposed flood insurance rate maps that declare the community of Bucksport, Socastee areas and numerous other neighborhoods along the Intracoastal Waterway as flood zones. “Historically, we’ve never seen any flooding of the nature they’re talking about in Bucksport, even though there were huge…

Seat belt safety saves lives

May 24, 2016

ASHEBORO– Across the state during May, law enforcement officers will be participating in the Seat Belt Safety Program in an effort to ensure all motor vehicle occupants are buckled up and to reduce the risk of injury and death caused in traffic crashes. For drivers and front-seat passengers, using a lap and shoulder belt reduces the risk of fatal injury by 60…

Vanguard Founder Speaks Out In Favor Of Fiduciary Rule

May 24, 2016

May 24– Vanguard founder John Bogle came out Tuesday in support of the new fiduciary-duty requirement governing retirement plans, calling the U.S. Department of Labor regulations the “first step” in a movement he has been advocating for decades. “Today, we’re at the beginning of an arc in finance toward fiduciary duty,” Bogle, 87, told a conference at the National…

BRIEF: Rollover sends 1 to hospital, leads to citations

May 24, 2016

May 24– SAUK CENTRE– A one-vehicle rollover Monday night sent a 24- year-old Sauk Centre man to the hospital with injuries deemed nonlife-threatening and resulted in a careless driving citation, according to the Stearns County Sheriff’s Office. Jose Ojeda-Lopes was driving a 2002 Chevrolet Trailblazer west on Stearns County Road 186 at about 7:45 p.m….

Chicago company buys Waite Park insurance agency

May 24, 2016

Itasca, Illinois- based Arthur J. Gallagher& Co. has acquired Charles Allen Agency Inc., 4-13th Ave. N effective April 8. While the business was never up for sale, Gresser said executives from Arthur J. Gallagher& Co. approached him last year with a proposition to purchase the firm. But the acquisition by Arthur J. Gallagher& Co. would provide him with something he was…

Citizens Board OK’s Private Offshore Reinsurance

May 24, 2016

May 24– The board of state-run Citizens Property Insurance Corp. on Tuesday approved spending $204 million for private offshore reinsurance. That represents more than one out of every five dollars its customers are expected to pay in premiums this year. After a decade without a hurricane, Citizens now has more than $7 billion in surplus and the backing of a…

Driving high: Canada prepares to experiment

May 24, 2016

Canada may be preparing to find out as it is making moves to legalize recreational marijuana use by 2017– though such a move would place our cheery northern neighbor in violation of more than a few international drug laws. Well a new survey by insurance giant State Farm aimed to find out… and came up with some surprising answers based on a poll of 3,000 Canadians of…

The Wearable Technology Ecosystem: 2015 – 2030 – Opportunities, Challenges, Strategies, Industry Verticals and Forecasts

May 24, 2016

–While wearable technology has been utilized in vertical sectors such as the military and healthcare for many years, ongoing advances have triggered a major resurgence of the concept, particularly among the consumer community. Companies as varied as smartphone OEMs, wireless carriers, health insurers and retailers are circling the ecosystem alongside…

Bristol Woman, 2 Others Charged with Health Care Fraud

May 24, 2016

Through the Medicaid program, the State of Connecticut provides coverage for mental health and counseling services to citizens who cannot otherwise afford health insurance. Between August 2010 and April 2014, Brown billed Medicaid for psychotherapy services that were not performed. The indictment separately alleges that Brown conspired with Beverly…

Fidelity® and Envestnet Reach $150 Billion in Managed Accounts on Advisor Platform

May 24, 2016

BOSTON& CHICAGO—- 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, announced today that it reached $150 billion in assets on the Managed Accounts Solutions platform, 1 which is…

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