Insurance Newswire
1 - Liam E. McGee Named Chairman and CEO of The Hartford
HARTFORD, Conn.-(Business Wire)-September 29, 2009 - The Hartford Financial Services Group, Inc. (NYSE: HIG) announced today that Liam E. McGee has been appointed Chairman of the Board of Directors and Chief Executive Officer, effective October 1, 2009. Until recently, McGee was President of the...
2 - UBS Investment Bank Hires Michael Ostow as Managing Director and Head of North American Insurance Banking
NEW YORK-(Business Wire)-September 29, 2009 - UBS Investment Bank today announced that Michael Ostow will join its Investment Banking Department (IBD) as a Managing Director and Head of North American Insurance. He will be based in New York and report jointly to Gary Howe and Halle Benett...
3 - Nationwide Financial Selects Anne Arvia to Lead Nationwide’s Retirement Plans Business
COLUMBUS, Ohio-(Business Wire)-September 29, 2009 - Nationwide Financial Services, Inc. today announced that Anne Arvia, president of Nationwide Bank, has been selected as the new leader for Nationwide’s retirement plans business effective November 1, 2009. Arvia will replace William S. Jackson...
4 - Prominent Litigators Launch Elite National Boutique
NEW YORK-(Business Wire)-September 29, 2009 - Nationally recognized litigators Steven F. Molo and Jeffrey A. Lamken today announced the formation of MoloLamken LLP, a litigation boutique with a national practice focused on complex, high-stakes civil litigation, white collar criminal defense, U.S...
5 - A.M. Best Assigns Indicative Ratings to Argo Group International Holdings, Ltd.’s Shelf Registration
OLDWICK, N.J.-(Business Wire)-September 29, 2009 - A.M. Best Co. has assigned indicative debt ratings of “bbb” to senior unsecured debt, “bbb-” to subordinated debt and “bb+” to preferred stock, which may be issued under the Argo Group International Holdings, Ltd.’s (Argo Group...
6 - A.M. Best Special Report: Non-Life Margins Under Pressure, Despite Rate Increases
OLDWICK, N.J.-(Business Wire)-September 29, 2009 - Last year was the most difficult in recent history for the global economy. What started as a crisis in U.S. subprime mortgages quickly spread through the global banking system and the broader financial system, causing credit markets to close...
7 - The Seltzer Group Teams with St. Luke’s Miners Memorial Hospital to Provide Insurance and Health Services
SCHUYLKILL HAVEN, Pa.-(Business Wire)-September 29, 2009 - Schuylkill County’s The Seltzer Group, a member of Keystone Insurers Group, announces it has formed an alliance with St. Luke’s Miners Memorial Hospital to provide medical insurance solutions and occupational health services to...
8 - A.M. Best Special Report: Thawing Markets Reducing Pressure on U.K. Life Insurers
OLDWICK, N.J.-(Business Wire)-September 29, 2009 - The global credit crisis led to a decline in life insurers’ economic capital positions in 2008, although the industry as a whole managed to maintain compliance with minimum regulatory capital requirements. The decline triggered a number of...
9 - A.M. Best Presents at the AICPCU Insurance Executive Development Program at Wharton
OLDWICK, N.J.-(Business Wire)-September 29, 2009 - Raj Guttha, Manager of ERM and Capital Modeling, of A.M. Best Co. is participating in the American Institute for CPCU Insurance Executive Development Program at Wharton being held from October 5th through 16th at the Wharton School of the University...
10 - USADATA Announces Online Insurance Sales Lead Center And Gift Card Promotion
NEW YORK-(Business Wire)-September 29, 2009 - For over 10 years, insurance agents across the nation have reported record success with USADATA’s quality insurance sales leads. In response, USADATA has created an exclusive online Insurance Sales Leads Center dedicated to helping independent...
11 - A.M. Best Affirms Ratings of Old Republic International Corporation’s Subsidiaries; Maintains Negative Outlook on Most Ratings
OLDWICK, N.J.-(Business Wire)-September 29, 2009 - A.M. Best Co. has affirmed the financial strength rating (FSR) of A+ (Superior) and issuer credit ratings (ICR) of “aa-” of Old Republic Insurance (Chicago, IL), Bituminous Insurance Companies (Bituminous) (Rock Island, IL) and their...
12 - Marsh Launches Global Risk Management Information System for Commercial Real Estate Firms
NEW YORK-(Business Wire)-September 29, 2009 - As commercial real estate firms work to navigate the numerous challenges associated with the global economic downturn, Marsh, the world’s leading insurance broker and risk advisor, has developed a cost-effective Web-based risk management information...
13 - Delta Dental Awards $10,000 to Help Launch Butler County Dental Clinic for Uninsured
MECHANICSBURG, Pa.-(Business Wire)-September 29, 2009 - A community dental clinic lacking sufficient funds to open its doors to the area’s uninsured is now closer to providing much-needed services, thanks to a $10,000 grant from Delta Dental of Pennsylvania. The Community Health Clinic of Butler...
14 - Graduation for PHNS’ New Class of Coders
DALLAS-(Business Wire)-September 29, 2009 - PHNS announced the graduation of its first class of medical coders that were selected from partnering colleges in the Chicago area. PHNS developed its innovative Coder Development Program for outpatient hospital coding in order to develop a source of new...
15 - ABRA Acquires Colorado Repair Center
MINNEAPOLIS-(Business Wire)-September 29, 2009 - ABRA Auto Body & Glass, a Minneapolis-based damaged vehicle repair company, announced today the acquisition of a repair center in Pueblo West, CO. This facility, formerly known as Advanced Paint & Body, is located at 455 East Enterprise Drive...
16 - Deutsche Bank Recognized by Reactions Magazine as Best Insurance Asset Manager for the Second Consecutive Year
NEW YORK-(Business Wire)-September 29, 2009 - Deutsche Asset Management’s insurance division has been awarded Best Asset Manager by Reactions, the financial magazine for the global insurance market. This is the second consecutive time that Deutsche Insurance Asset Management has won this award...
17 - A.M. Best Named Best Global Rating Agency at the Reactions Global Awards 2009
OLDWICK, N.J.-(Business Wire)-September 29, 2009 - A.M. Best Co. was named Best Global Rating Agency at the Reactions Global Awards 2009 event on September 24 in New York City. Accepting the award was Matthew Mosher, senior vice president of global ratings. "We are pleased to be recognized as Best...
18 - Business Intelligence Perspectives Names The Hartford For The “Best Practices In Business Intelligence” Award
HARTFORD, Conn.-(Business Wire)-September 29, 2009 - The Hartford Financial Services Group, Inc., (NYSE: HIG), today announced that it has been selected by Computerworld’s Business Intelligence Perspectives as a winner of its “Best Practices in Business Intelligence” awards program in the...
19 - David Hom Joins SCIOinspire Team
HARTFORD, Conn.-(Business Wire)-September 29, 2009 - SCIOinspire, Corp., a premier provider of analytics-based cost-management solutions for health plans, today announced the addition of David Hom, MBA, as President of Wellness Services. Internationally recognized for his innovation and leadership...
20 - HealthSpring, Inc. to Broadcast Third Quarter Conference Call Live on the Internet
NASHVILLE, Tenn.-(Business Wire)-September 29, 2009 - HealthSpring, Inc. (NYSE:HS) today announced that it will provide an online Web simulcast of its third quarter 2009 earnings conference call on Thursday, October 29, 2009. During the call, management will discuss financial results for the third...
21 - UnitedHealthcare’s Golden Rule Introduces Cost-Effective Dental and Vision Coverage Options for Consumers in Six States
INDIANAPOLIS-(Business Wire)-September 29, 2009 - UnitedHealthcare’s Golden Rule Insurance Company has introduced new cost-effective dental and vision care coverage options for individuals and families in Alaska, Arizona, Colorado, Iowa, South Dakota and Wyoming. The new dental plans are available...
22 - As Benefit Budgets Tighten, Voluntary Benefits Offer Breathing Room
DES MOINES, Iowa-(Business Wire)-September 29, 2009 - Rising medical costs and a slowing economy leave many employers wondering how to do more with less. Voluntary Benefits Edge from the Principal Financial Group® enables employers to offer a robust benefits package at a lower cost. “Employers...
23 - New Temporary Health Insurance Plans Launched For Individuals, Families Without Current Coverage
INDIANAPOLIS-(Business Wire)-September 29, 2009 - UnitedHealthcare’s Golden Rule Insurance Company is introducing two new short term health insurance plans in North Carolina and West Virginia designed to meet people’s needs for more flexible and cost-effective approaches to coverage. Golden...
24 - Aetna Announces Access Information for Third-Quarter 2009 Results
HARTFORD, Conn.-(Business Wire)-September 29, 2009 - Aetna (NYSE: AET) today announced access information for its third-quarter 2009 results conference call, which will begin at 8:30 a.m. ET on Thursday, Oct. 29, 2009. As previously announced, Aetna’s third-quarter results will be made public on...
25 - MyLegacySM Life Insurance Offers Bank Customers Enhanced Wealth Transfer Benefits and Immediate Coverage
NEWARK, N.J.-(Business Wire)-September 29, 2009 - A new single-premium universal life insurance policy, MyLegacySM, issued by Pruco Life Insurance Company (Pruco Life), a Prudential Financial, Inc. (NYSE:PRU) company, is an immediate issue policy that helps provide an easy and efficient way for...
26 - MetLife Mature Market Institute’s Long-Term Care IQ Survey Shows Limited Knowledge About Long-Term Care
NEW YORK-(Business Wire)-September 29, 2009 - Overall, Americans did not do well on a survey of their long-term care knowledge. Most know what long-term care is and how much it costs, but their scores fall short regarding how many people will need it and how they will pay for it. The MetLife...
27 - ACE Limited to Hold Its Third Quarter Earnings Conference Call on Wednesday, October 28, 2009
ZURICH, Switzerland-(Business Wire)-September 29, 2009 - ACE (NYSE:ACE) will hold its third quarter earnings conference call on Wednesday, October 28, 2009, beginning at 8:30 a.m. Eastern Time. ACE expects to issue its third quarter earnings release and financial supplement after the market closes...
28 - HealthEdge Forms Alliance with Bloodhound Technologies to Deliver New Levels of Cost Savings and Efficiency to Claims Administration
BURLINGTON, Mass.-(Business Wire)-September 29, 2009 - HealthEdge, provider of the only modern, enterprise-class software platform for healthcare payors, today announced a strategic partnership with Bloodhound Technologies. Through this alliance, users of HealthEdge’s award-winning HealthRules...
29 - Special District Risk Management Authority (SDRMA) Selects DAVID Corporation’s NavRisk® Claims
SAN FRANCISCO-(Business Wire)-September 29, 2009 - DAVID Corporation, a provider of risk-management software and services, today announced that California’s Special District Risk Management Authority (SDRMA) has selected DAVID’s NavRisk Claims to manage claims for its workers’ compensation...
30 - United Automobile Insurance Deploys Guidewire for Claims – Success Leads to Selection of Guidewire for Billing
MIAMI GARDENS, Fla. & SAN MATEO, Calif.-(Business Wire)-September 29, 2009 - United Automobile Insurance Company (UAIC), one of the largest privately held property and casualty insurers in the U.S., and Guidewire Software, a leading provider of flexible core systems to property/casualty...
31 - Local Governments Addressing Employee and Retiree Health Costs
LANSING, Mich.-(Business Wire)-September 29, 2009 - About 49 percent of the nations’ cities, counties and townships expect less revenue in 2010, and 21 percent expect fewer employees, according to a new survey. About 26 expect increased consolidation of local services. With shrinking budgets and...
32 - State Farm Receives CEO Cancer Gold StandardTM Accreditation
CARY, N.C.-(Business Wire)-September 29, 2009 - State Farm has received CEO Cancer Gold Standard™ accreditation, recognizing the organization’s commitment to taking concrete actions to reduce the cancer risk of its employees and their families through screenings, early detection, and healthy...
33 - Guidewire Software Opens Hong Kong Office to Better Serve Asian General Insurance Market
SINGAPORE & SAN MATEO, Calif.-(Business Wire)-September 29, 2009 - As a sponsor of the 5th Insurance Executives’ Summit on Technology, Guidewire Software®, a leading provider of flexible core systems to general insurance companies, today announced that it has expanded its international...
34 - StanCorp Financial Group, Inc. to Announce Third Quarter 2009 Financial Results on October 20, 2009 and Hold Webcast Conference Call on October 21, 2009
PORTLAND, Ore.-(Business Wire)-September 28, 2009 - StanCorp Financial Group, Inc. (“StanCorp”) (NYSE: SFG) announced today it will release third quarter 2009 financial results on October 20, 2009, following the close of market. The press release will be available shortly thereafter on the...
35 - ACE USA Creates New Role to Enhance National Account Claims Service, Appoints Brian Brown as Senior Vice President, Claims Client Executive
PHILADELPHIA-(Business Wire)-September 28, 2009 - ACE USA, the U.S.-based retail operating division of the ACE Group, today announced the appointment of Brian Brown to the newly-created role of Senior Vice President, Claims Client Executive. Mr. Brown, who will be based in Wilmington, Del, will...
36 - Citizens and Health Care Providers Participate in Sit-in, Risk Arrest at Health Insurance Office in New York Tuesday, Organized by Mobilization for Health Care Now
NEW YORK-(Business Wire)-September 28, 2009 - Citizens and health care providers who are fed up with the state of our health care system will risk arrest at a New York Aetna health insurance office on Tuesday morning. The sit-in is the first action in part of a larger mobilization to end insurance...
37 - BestWeek Asia/Pacific: Reliance Life Points the Way to Private Capital in India
OLDWICK, N.J.-(Business Wire)-September 28, 2009 - This week’s edition of BestWeek Asia/Pacific looks at the efforts of India’s Reliance Life to tap capital markets for private equity, a move that may foreshadow a rush of insurers in the country to list shares. A.M. Best Co.’s BestWeek...
38 - RLI 3rd Quarter Earnings Release Teleconference
PEORIA, Ill.-(Business Wire)-September 28, 2009 - RLI Corp. (NYSE:RLI), a specialty property & casualty company, will hold its quarterly conference call to discuss third quarter results on Tuesday, October 20, 2009, at 11:00 am Eastern Time. This call is being webcast by Thomson/CCBN and can...
39 - A.M. Best Affirms Ratings of Service Insurance Group and Its Member
OLDWICK, N.J.-(Business Wire)-September 28, 2009 - A.M. Best Co. has affirmed the financial strength rating (FSR) of A- (Excellent) and issuer credit ratings (ICR) of “a-” of Service Insurance Group (Service) and its member, Service Lloyds Insurance Company. The ratings are based on the...
40 - MMC Receives Perfect Rating on Human Rights Campaign’s 2010 Corporate Equality Index
NEW YORK-(Business Wire)-September 28, 2009 - Marsh & McLennan Companies, Inc. (MMC) today announced that, for the second consecutive year, it has received a 100 percent rating in the Corporate Equality Index (CEI), an annual survey administered by the Human Rights Campaign (HRC) Foundation...
41 - Aetna Announces Coverage For H1N1 Vaccinations
HARTFORD, Conn.-(Business Wire)-September 28, 2009 - Aetna (NYSE: AET) announced today that it will provide first-dollar coverage for the administration of the H1N1 flu vaccine for all of its fully-insured health plan members, and for all members of self-funded plans unless directed otherwise by the...
42 - Travelers Schedules Third Quarter 2009 Earnings Release and Conference Call
NEW YORK-(Business Wire)-September 28, 2009 - The Travelers Companies, Inc. will review its third quarter 2009 results via webcast at 9 a.m. EDT on Thursday, Oct. 22, following the release of earnings earlier that morning. A slide presentation, statistical supplement and live audio broadcast will be...
43 - PartnerRe Ltd. to Present at Bank of America Merrill Lynch Banking & Insurance Conference 2009 in London
PEMBROKE, Bermuda-(Business Wire)-September 28, 2009 - PartnerRe Ltd. (NYSE:PRE) today announced that PartnerRe EVP & CFO Albert Benchimol will participate in the Bank of America Merrill Lynch Banking & Insurance Conference in London. The presentation will take place on Wednesday...
44 - Healthways to Present at the JMP Securities Healthcare Focus Conference
NASHVILLE, Tenn.-(Business Wire)-September 28, 2009 - Healthways, Inc. (NASDAQ: HWAY) will participate in the JMP Securities Healthcare Focus Conference to be held October 5-6, 2009, in New York. Ben R. Leedle, Jr., Healthways chief executive officer, will present at the conference at 4:00 p.m...
45 - Medicare Plan’s Administrative Costs Increase on Marketing Growth in 2008
PHILADELPHIA-(Business Wire)-September 28, 2009 - Per member administrative costs grew by 8.3% in 2008, compared with 3.3% in 2007. Adjusting for changes in product mix, administrative expense growth increased to 10.2% in 2008 from 1.9% in 2007. Administrative expenses were 10.2% of premium...
46 - A.M. Best Downgrades Issuer Credit Rating of Seguros Inbursa S. A.
OLDWICK, N.J.-(Business Wire)-September 28, 2009 - A.M. Best Co. has downgraded the issuer credit rating (ICR) to “a” from “a+” and affirmed the financial strength rating of A (Excellent) of Seguros Inbursa S. A. (Seguros Inbursa) (Mexico). The outlook for both ratings is stable. The ratings...
47 - Three Finalists Selected for A.M. Best’s 2009 E-Fusion Award Competition; Webcasts Begin Wed., Oct. 7
OLDWICK, N.J.-(Business Wire)-September 28, 2009 - A.M. Best Co. has announced the three finalists competing for the 2009 E-Fusion Award. Each week throughout the month of October, a finalist will present their company’s entry in an hour-long live Webcast, during which a panel of judges will...
48 - Mutual of Omaha Invites Consumers to Pick Top-10 Aha Moments
OMAHA, Neb.-(Business Wire)-September 28, 2009 - Mutual of Omaha, proud sponsor of life’s aha momentsSM, today announced the launch of an online survey encouraging people to vote for their favorite aha moments of the year, with the top-10 vote getters to become the company’s 2010 national...
49 - The Hartford Encourages Consumers To Change Their Perspective On Life
SIMSBURY, Conn.-(Business Wire)-September 28, 2009 - Many consumers buy life insurance for the financial security it may provide to their family or other loved ones when they die. While the death benefit is the primary purpose of life insurance, few consumers, according to The Hartford, know that...
50 - Wolters Kluwer Financial Services and LoanSifter Provide Lenders Seamless, Electronic Access to Compliance Disclosures
MINNEAPOLIS & APPLETON, Wis.-(Business Wire)-September 28, 2009 - Wolters Kluwer Financial Services and LoanSifter announced today that the two companies have integrated Wolters Kluwer Financial Services’ Disclosure Manager solution with LoanSifter’s integrated web-based 1003 mortgage...
51 - Jackson® Enhances Variable Annuity Lineup with Launch of Perspective RewardsSM Bonus VA
LANSING, Mich.-(Business Wire)-September 28, 2009 - Jackson National Life Insurance Company® (Jackson) today announced the launch of Perspective Rewards, a new variable annuity product that offers an automatic bonus of either 6 or 8 percent, depending on the amount of initial premium payments.1...
52 - Sun Life Reports Continued High Demand for Sun Executive Life Insurance Solution Specifically Designed for Small Businesses
WELLESLEY, Mass.-(Business Wire)-September 28, 2009 - The U.S. division of Sun Life Financial Inc. (NYSE: SLF, TSX: SLF) today announced that sales for its Sun Executive product, a life insurance solution designed especially to help small businesses with issues like business succession, key person...
53 - A.M. Best Special Report: Despite Improved Markets, Fundamental Concerns Remain
OLDWICK, N.J.-(Business Wire)-September 28, 2009 - In the recently issued Special Report “Life/Annuity Mid-Year Update: Despite Improved Markets, Fundamental Concerns Remain,” A.M. Best Co. discusses the drivers behind maintaining its negative rating outlook on the U.S. life/health industry...
54 - If Time is Money, Then Many Americans Could Save More on Health Care
BLOOMFIELD, Conn.-(Business Wire)-September 28, 2009 - How much time does the average person spend reviewing their health care insurance when it’s time to enroll or reenroll in a plan? A recent survey conducted for CIGNA shows that although 78 percent said they give it a lot or some consideration...
55 - MetLife Receives Perfect Score on Corporate Equality Index for Seventh Consecutive Year
NEW YORK-(Business Wire)-September 28, 2009 - For the seventh year in a row, MetLife has received a perfect score of 100 percent on the Human Rights Campaign Foundation’s (HRC) 2010 Corporate Equality Index, a rating system for how major U.S. corporations treat their gay, lesbian, bisexual and...
56 - Ebix’s AnnuityNet Exchange Reports Record Adoption by Industry
ATLANTA-(Business Wire)-September 28, 2009 - Ebix, Inc. (NASDAQ:EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance industry announced today that its recent engagements with a number of large banks and financial institutions is expected to...
57 - Cover-All Technologies Gets a New Look
FAIRFIELD, N.J.-(Business Wire)-September 28, 2009 - Cover-All Technologies Inc. (OTC Bulletin Board: COVR), a leading provider of comprehensive business solutions and services for the property and casualty insurance industry, today unveiled the results of a rebranding initiative that has culminated...
58 - A.M. Best Assigns Debt Rating to Unum Group’s New Senior Notes
OLDWICK, N.J.-(Business Wire)-September 28, 2009 - A.M. Best Co. has assigned a debt rating of “bbb-” to the $350 million 7.125% senior unsecured notes, maturing 2016 issued by Unum Group (Unum) (Chattanooga, TN) [NYSE: UNM]. The rating outlook is stable. Unum and its subsidiaries’ existing...
59 - Compliance 360’s Claims Auditor Achieves Certification Status from Executive Health Resources
ATLANTA-(Business Wire)-September 28, 2009 - Compliance 360, a leading provider of Software-as-a-Service (SaaS) solutions for enterprise governance, risk management and compliance (eGRC) today announced that the Compliance 360 Claims Auditor has achieved PLATINUM level status, the highest level of...
60 - Phoenix Maintains Policy Dividend Scales for 2010
HARTFORD, Conn.-(Business Wire)-September 28, 2009 - The Phoenix Companies, Inc. (NYSE: PNX) today announced that the board of directors of Phoenix Life Insurance Company voted to maintain the current policy dividend scale effective January 1, 2010 for policies in the closed block of business, as...
61 - Policy Administration Solutions from OneShield and Guidewire Are First Subjects of “Vendor Solution Reviews” by Novarica
NEW YORK-(Business Wire)-September 28, 2009 - Novarica, a research and advisory firm known for its detailed and impartial information on insurance and financial services technology vendors, today published its first “Novarica Vendor Solution Review” (VSR) reports, analyzing policy administration...
62 - Nevada Drivers Could Save Big Bucks Based on How They Drive with New, One-of-a-Kind Car Insurance Program from Progressive
MAYFIELD VILLAGE, Ohio-(Business Wire)-September 28, 2009 - Are you the poster child for safe driving, always leaving plenty of space between you and the car ahead? Or a business traveler who parks your car at the airport several days a week? Or maybe you have a car that you only take out for a spin...
63 - Pacific Life’s Newest Calculator Helps Show Potential of Indexed Universal Life Insurance
NEWPORT BEACH, Calif.-(Business Wire)-September 28, 2009 - Setting reasonable crediting rate assumptions for an indexed universal life (IUL) insurance policy illustration can be challenging; especially when market volatility affects the performance of the index that determines a product’s...
64 - Xerox Hosts Live Audio Webcast to Discuss Acquisition of Affiliated Computer Services
NORWALK, Conn.-(Business Wire)-September 28, 2009 - Xerox Corporation (NYSE: XRX) and Affiliated Computer Services (NYSE: ACS) will host this morning a live audio webcast with online presentation slides about the definitive agreement announced today for Xerox to acquire ACS. WHEN: 8:30 a.m. ET...
65 - Xerox to Acquire Affiliated Computer Services
NORWALK, Conn. & DALLAS-(Business Wire)-September 28, 2009 - Xerox Corporation (NYSE: XRX) and Affiliated Computer Services, Inc. (NYSE: ACS) today announced a definitive agreement for Xerox to acquire ACS in a cash and stock transaction valued at $63.11 per share or $6.4 billion as of the...
66 - Flu Shot or Cash Infusion? College Students Lining up for a Shot at $20,000 as iOme spreads on Campus. Going viral?
GREEN BAY, Wis.-(Business Wire)-September 27, 2009 - An infusion of new sponsor money brings the Top Prize to $20,000 – plus a trip to Washington DC – for the college student(s) who develops the best idea(s) for redesigning the US Retirement System. Students, apparently, are becoming interested...
67 - SBA Stands Ready to Assist Georgia Residents Affected by Severe Storms and Flooding
WASHINGTON-(Business Wire)-September 26, 2009 - Following the announcement of the Presidential disaster declaration in Georgia for several counties affected by the severe storms and flooding that began on September 18, 2009, Administrator Karen G. Mills of the U.S. Small Business Administration...
68 - CNA, United Agencies Salute City of Hope
CHICAGO-(Business Wire)-September 25, 2009 - Recently, the Woodland Hills branch of CNA partnered with United Agencies to award $5,000 to City Of Hope. United Agencies was one of 29 high performance agencies recognized earlier this year for its focus on profitable business and premium growth...
69 - Insured Municipal Income Fund Inc. Announces Recent Developments
NEW YORK-(Business Wire)-September 25, 2009 - Insured Municipal Income Fund, Inc. (NYSE: PIF) (the “Fund”) today announced that the Fund’s Board of Directors (the “Board”) has approved and will seek the approval of shareholders at a special meeting of shareholders anticipated to be held in...
70 - Max Capital Group Ltd. to Hold Third Quarter, 2009 Earnings Call
HAMILTON, Bermuda-(Business Wire)-September 25, 2009 - Max Capital Group Ltd. (NASDAQ: MXGL; BSX: MXGL BH) today announced that it will hold an investment community conference call on Wednesday November 4, 2009, at 10:00 a.m. EST to discuss the Company's third quarter 2009 financial results...
71 - A.M. Best Withdraws Ratings of Humana Benefit Plan of Illinois, Inc. (HMO) Following Statutory Filing Change
OLDWICK, N.J.-(Business Wire)-September 25, 2009 - A.M. Best Co. has withdrawn the financial strength rating (FSR) of B++ (Good) and issuer credit ratings (ICR) of “bbb” of Humana Benefit Plan of Illinois, Inc. (HMO), a former line of business statutory filing of Humana Benefit Plan of Illinois...
72 - Woodbury Financial Services Appoints Patrick McEvoy President and Chief Executive Officer
OAKDALE, Minn.-(Business Wire)-September 25, 2009 - Woodbury Financial Services has named Patrick McEvoy as its new president and chief executive officer, effective September 30, 2009. In this role, McEvoy will be responsible for providing strategic direction and leadership of the broker-dealer...
73 - Putting the Brakes on Texting and Talking While Driving: Presidential Summit Begins Wednesday, September 30, to Address Growing Concerns and Proposed Federal Legislation
-(Business Wire)-September 25, 2009 - Nationwide: NEWS BACKGROUND: Texting or talking on cell phones and other mobile devices has become a major national concern. According to recent Nationwide survey data, over 50 percent of respondents say they see more drivers using cell phones while driving then...
74 - Aetna Set to “ACTIVATE” Kids in Fort Worth
FORT WORTH, Texas-(Business Wire)-September 25, 2009 - Aetna Better Health (NYSE:AET), formerly Aetna Medicaid and CHIP Services, today announced an eight-week nutrition and exercise program for children at the North Fort Worth Branch of the Boys and Girls Clubs of Greater Fort Worth. The pilot...
75 - BestWeek: Grinnell Mutual CEO Has Knack for Hiring Execs Who End Up Leaders
OLDWICK, N.J.-(Business Wire)-September 25, 2009 - If hiring people who went on to success in the insurance industry was an Olympic event, Dan Agnew would be working on his fourth or fifth gold medal, according to this week’s issue of BestWeek U.S./Canada. In the 1970s and 1980s, Agnew, now...
76 - Aetna Board of Directors Declares Annual Cash Dividend
HARTFORD, Conn.-(Business Wire)-September 25, 2009 - Aetna Inc. (NYSE: AET) today declared its regular annual cash dividend of $0.04 per share on the company’s common stock. The dividend is payable on Nov. 30, 2009 to shareholders of record at the close of business on Nov. 13, 2009. About Aetna...
77 - Patriot Risk Management Subsidiary Forms 25th Agency-Owned Captive for Workers’ Compensation Insurance
FORT LAUDERDALE, Fla.-(Business Wire)-September 25, 2009 - Patriot Risk Management, Inc. (PRMI) announced today that its subsidiary Patriot Underwriters has finalized its 25th new agency-owned captive for workers’ compensation insurance in 2009. Patriot’s new agency-owned captives have generated...
78 - A.M. Best Withdraws Ratings of Accident & General Insurance Company Ltd.
OLDWICK, N.J.-(Business Wire)-September 25, 2009 - A.M. Best Co. has affirmed the financial strength rating (FSR) of A- (Excellent) and issuer credit rating (ICR) of “a-” of Accident & General Insurance Company Ltd. (AGI) (Grand Cayman, Cayman Islands). The outlook for both ratings is...
79 - Veteran Banker, Civic Leader Peter Barker Named California Chairman for JPMorgan Chase
NEW YORK-(Business Wire)-September 25, 2009 - JPMorgan Chase & Co. today announced that experienced banker and business leader Peter Barker will become its California Chairman September 28. Barker, who was raised in Arcadia, California, and attended Claremont McKenna College, worked as an...
80 - Sidley Partner Debra Pole Named to the DirectWomen Board Institute Class of 2009
NEW YORK-(Business Wire)-September 25, 2009 - Sidley Austin LLP is pleased to announce that Debra Pole has been named as a member of DirectWomen Board Institute Class of 2009, a program designed to identify and promote qualified women lawyers to serve on corporate boards of public companies. The...
81 - A.M. Best Upgrades Ratings of American Access Casualty Company
OLDWICK, N.J.-(Business Wire)-September 25, 2009 - A.M. Best Co. has upgraded the financial strength rating to B+ (Good) from B (Fair) and issuer credit rating to “bbb-” from “bb+” of American Access Casualty Company (American Access) (Oakbrook Terrace, IL). The outlook for both ratings is...
82 - A.M. Best Withdraws Ratings of Swiss Re Frankona Rueckversicherungs-AG and Swiss Re Germany AG
OLDWICK, N.J.-(Business Wire)-September 25, 2009 - A.M. Best Co. has withdrawn the financial strength rating (FSR) of A (Excellent) and issuer credit rating (ICR) of “a” of Swiss Re Frankona Rueckversicherungs-AG. (Swiss Re Frankona). Additionally, A.M. Best has withdrawn the FSR of A...
83 - Thomas Obermaier, Former Citigroup Executive, Named CEO of Regulatory DataCorp
NEW YORK-(Business Wire)-September 25, 2009 - The Board of Directors of Regulatory DataCorp, a global leader in risk diligence, today announced that the Company’s President, Thomas M. Obermaier, 47, has been named Chief Executive Officer, effective today. Mr. Obermaier also joins the RDC Board...
84 - Research and Markets: Internal IT Alone Accounted For Approximately 39% Of the Total Estimated IT Spending in France's Top 10 Insurance Companies in 2009
DUBLIN-(Business Wire)-September 25, 2009 - Research and Markets has announced the addition of the "Top 10 Companies in France Insurance Industry: IT Spending Predictor 2009" report to their offering. This databook provides insight into the top 10 companies in France insurance industry in terms of...
85 - Guy Carpenter Named Best Large Reinsurance Broker at 2009 Reactions Global Awards
NEW YORK-(Business Wire)-September 25, 2009 - Guy Carpenter & Company, LLC was named “Best Large Reinsurance Broker” at Reactions magazine’s 2009 Global Awards dinner, held September 24 in New York. The Reactions Global Awards, now in their eighth year, recognize superior performance and...
86 - Aspen Insurance Holdings to Announce Third Quarter 2009 Results on October 28, 2009 and Host Conference Call on October 29, 2009
HAMILTON, Bermuda-(Business Wire)-September 25, 2009 - Aspen Insurance Holdings Limited (“Aspen”) (NYSE:AHL) will release its third quarter 2009 financial results on Wednesday, October 28, 2009, following the close of U.S. markets. The Company will hold a conference call to discuss its financial...
87 - UnitedHealth Group Schedules Third Quarter Results Earnings Release and Conference Call for October 20, 2009
MINNEAPOLIS-(Business Wire)-September 25, 2009 - UnitedHealth Group (NYSE: UNH) will release its third quarter 2009 financial results on Tuesday, October 20, 2009 before the market opens. Following the earnings press release, president and chief executive officer, Stephen J. Hemsley, will discuss...
88 - ILMA Draws Clear Distinction Between Life Settlement Securitizations and the Sub-Prime Mortgage Crisis
WASHINGTON-(Business Wire)-September 24, 2009 - The Institutional Life Markets Association outlined today the major differences between life settlement securitizations and the securitization of mortgages during testimony before the Subcommittee on Capital Markets, Insurance and Government...
89 - Transatlantic Reinsurance Company Elects New Officers
NEW YORK-(Business Wire)-September 24, 2009 - At its regularly scheduled meeting, the Board of Directors of Transatlantic Reinsurance Company, a subsidiary of Transatlantic Holdings, Inc. (NYSE: TRH), elected the following officers: London: Robert Snow – Senior Vice President &...
90 - Transatlantic Holdings, Inc. Declares Quarterly Common Stock Dividend
NEW YORK-(Business Wire)-September 24, 2009 - The Board of Directors of Transatlantic Holdings, Inc. (NYSE: TRH) today declared a quarterly cash dividend of $0.20 per share on the Company’s common stock, payable December 4, 2009, to stockholders of record on November 20, 2009. Transatlantic...
91 - My Insurance Expert Launches Health Insurance Website for University Students
TROY, Mich.-(Business Wire)-September 24, 2009 - My Insurance Expert, one of the nation leading online services to compare and secure affordable health insurance, has launched an unbiased Q&A overview specifically for college students. “Health insurance can be an overwhelming topic for...
92 - HealthSpring to Cover Administration Costs of H1N1 Vaccine
NASHVILLE, Tenn.-(Business Wire)-September 24, 2009 - HealthSpring will cover the costs of administering the H1N1 (swine) flu vaccination to its members as the vaccine becomes available. “We are fully supporting all government efforts for managing the H1N1 virus,” HealthSpring Chief Medical...
93 - Bank of the West to Acquire Santa Cruz, Monterey Branches
SAN FRANCISCO-(Business Wire)-September 24, 2009 - Bank of the West announced today that it has signed a definitive agreement with Wachovia Bank N.A., a subsidiary of Wells Fargo & Company, to acquire two Wachovia branches in Northern California – one in Monterey and one in Santa Cruz. “We...
94 - A-Life Medical, Inc. to Exhibit at the American College of Emergency Physician (ACEP) Scientific Assembly
WHO: A-Life Medical, Inc., the pioneer in and leading provider of computer-assisted coding (CAC) products and services for the healthcare industry. WHAT: A-Life Medical to Showcase its CAC Capabilities to the Emergency Medicine Marketplace at leading industry trade association platform...
95 - California Physician Organization Top Performers and Most Improved Honored by Integrated Healthcare Association
OAKLAND, Calif.-(Business Wire)-September 24, 2009 - In the midst of a national debate about the future of health care in America, the Integrated Healthcare Association (IHA) today announced the physician organizations that achieved overall performance in the top 20% in 2008 based on the statewide...
96 - CIGNA Offers Assistance to Customers Affected by Georgia Floods
PHILADELPHIA-(Business Wire)-September 24, 2009 - CIGNA (NYSE:CI) announced today that it is temporarily lifting certain medical and pharmacy restrictions in order to aid individuals impacted by severe flooding in Georgia. People insured by CIGNA in the affected Carroll, Catoosa, Chattooga...
97 - Wells Fargo Wins Nine Awards from Profit Sharing/401(k) Council of America
MINNEAPOLIS-(Business Wire)-September 24, 2009 - Wells Fargo & Company’s (NYSE: WFC) Institutional Retirement and Trust business has won seven signature awards and two honorable mentions for its retirement plan communication and education from the Profit Sharing/401(k) Council of America...
98 - JHA Announces 2009 U.S. Group Life and Disability Mid-Year Market Survey Results
SOUTH PORTLAND, Maine-(Business Wire)-September 24, 2009 - JHA, a division of Gen Re LifeHealth, is pleased to release the results of the 2009 U.S. Group Life and Group Disability Mid-Year Market Surveys. These leading industry benchmark surveys cover Group Term Life (Basic Term Life and Voluntary...
99 - NRF Asks Senate Finance Committee to Reject Kerry-Bingaman Employer Mandate Amendment
WASHINGTON-(Business Wire)-September 24, 2009 - The National Retail Federation today asked the Senate Finance Committee to reject an amendment to its health care reform bill that would replace the measure’s conditional “free rider” employer mandate with the full-scale pay-or-play employer...
100 - A.M. Best Revises Outlook to Stable for Issuer Credit and Debt Ratings of HDI-Gerling Industrie Versicherung AG
OLDWICK, N.J.-(Business Wire)-September 24, 2009 - A.M. Best Co. has affirmed the financial strength rating (FSR) of A (Excellent) and the issuer credit rating (ICR) of “a” of HDI-Gerling Industrie Versicherung AG (HGI) (Germany). Concurrently, A.M. Best has affirmed the debt rating of...
101 - A.M. Best Revises Outlook to Stable for Issuer Credit Rating of HDI V.a.G. and Talanx AG
OLDWICK, N.J.-(Business Wire)-September 24, 2009 - A.M. Best Co. has affirmed the financial strength rating (FSR) of A (Excellent) and the issuer credit rating (ICR) of “a” of HDI Haftpflichtverband der Deutschen Industrie V.a.G. (HDI V.a.G.) (Germany), the ultimate mutual parent company of...
102 - Nationwide Insurance Donates Bait Cars to the Charleston Police Department
CHARLESTON, S.C.-(Business Wire)-September 24, 2009 - According to statistics from the Federal Bureau of Investigation, a car is stolen in the United States every 25 seconds. To catch auto thieves and protect local residents from theft, Nationwide Insurance has provided bait vehicles to the...
103 - Edmunds.com Forecasts September Auto Sales: Industry Down Over 40 Percent from Cash for Clunkers Boon
SANTA MONICA, Calif.-(Business Wire)-September 24, 2009 - This month's new vehicle sales (including fleet sales) are expected to be 742,000 units, a 22.9 percent decrease from September 2008 and a 41.1 percent decrease from August 2009, according to Edmunds.com, the premier online resource for...
104 - Priority Health to Cover Seasonal and H1N1 Flu Vaccines
GRAND RAPIDS, Mich.-(Business Wire)-September 24, 2009 - Priority Health has announced its coverage of both the seasonal flu and H1N1 flu vaccines. “Preventing the flu through immunization is the best way to keep yourself and your family healthy,” said John Fox, M.D., associate vice president of...
105 - HealthTrans Announces Market Readiness for Changes to Average Wholesale Prices
GREENWOOD VILLAGE, Colo.-(Business Wire)-September 24, 2009 - HealthTrans, a leading provider of healthcare management solutions, today announced the completion of all necessary modifications to ensure market readiness for changes to Average Wholesale Prices (AWP). HealthTrans successfully...
106 - A.M. Best Presents at Casualty Actuarial Society’s In Focus: The Underwriting Cycle Seminar
OLDWICK, N.J.-(Business Wire)-September 24, 2009 - Stefan Holzberger, assistant vice president of rating criteria at A.M. Best Co., is presenting at the Casualty Actuarial Society’s In Focus: The Underwriting Cycle Seminar. The Seminar is being held on October 5 and 6 at the Westin Alexandria...
107 - AmazingCharts.com Named Fastest-Growing Company In Rhode Island by Prestigious 2009 Inc. 500/5000 List
SAUNDERSTOWN, R.I.-(Business Wire)-September 24, 2009 - AmazingCharts.com, Inc., a leading developer of Electronic Medical Record (EMR) systems was named the fastest growing private company in Rhode Island by Inc. Magazine's list of the "5000 Fastest Growing Private Companies in America." With...
108 - CFP Board Survey Finds Retirement, Income Among Consumers’ Top Financial Concerns
WASHINGTON-(Business Wire)-September 24, 2009 - Preparing for retirement and managing income while in retirement are among the top issues confronting American consumers, according to the 2009 National Consumer Survey on Personal Finance released today by Certified Financial Planner Board of...
109 - Medica Brings New Competition to North Dakota Individual Health Insurance Market
MINNETONKA, Minn.-(Business Wire)-September 24, 2009 - North Dakota residents in the market for individual health insurance now have some new choices. Medica brings new affordable health plan options – Medica SoloSM and Medica Direct HSASM– to people who are interested in individual coverage...
110 - Urban League Tees up for the Children
WESTFIELD, Mass.-(Business Wire)-September 24, 2009 - The Urban League of Springfield, in conjunction with GEICO, will hold its 14th annual Golf Classic and Scramble on Saturday, Sept. 26 at Tekoa Golf Course to benefit the Urban League’s Camp Atwater. Camp Atwater brings together 8-16 year old...
111 - CIGNA Honors National Rehabilitation Awareness Week Recognizing Return to Work Champion and Dallas Resident Geri Huntsinger
DALLAS-(Business Wire)-September 24, 2009 - As a nurse accustomed to helping others, Geri Huntsinger never imagined she would need to rely on others for care. In April 2008, Geri was in a motorcycle accident resulting in severe injuries; her next 12 months included several surgeries, difficult...
112 - CEO Roundtable on Cancer Recognizes Aetna for Commitment to Improving the Health and Well-Being of Employees and Their Families
HARTFORD, Conn.-(Business Wire)-September 24, 2009 - The CEO Roundtable on Cancer today recognized Aetna (NYSE:AET) with a CEO Cancer Gold StandardTM accreditation for the company’s commitment to improving the health of employees and their families. To receive the accreditation, companies must...
113 - UnitedHealthcare Launches PlanBienSM for Arizona Latinos; Plan Combines Health Benefits, Bilingual Support Services
PHOENIX-(Business Wire)-September 24, 2009 - UnitedHealthcare’s PlanBienSM, an innovative suite of health plans featuring unique services to enhance the health and well-being of Spanish-speaking individuals, is now available in Arizona. PlanBien incorporates linguistically and culturally...
114 - The Standard Launches New Webinar Series
PORTLAND, Ore.-(Business Wire)-September 24, 2009 - Standard Retirement Services ("The Standard"), a subsidiary of StanCorp Financial Group, Inc. (NYSE: SFG), has launched Building Your Business, a new webinar series for retirement plan advisors and other employee benefit plan consultants. The...
115 - Prudential Report Shows Employers, Benefits Budgets Hit Hard by Economy
NEWARK, N.J.-(Business Wire)-September 24, 2009 - Employee benefit budgets are not immune to corporate cost cutting, according to a report released today by Prudential Financial, Inc. (NYSE: PRU). The Prudential study, A New Day in Employee Benefits found that less than half of plan sponsors say...
116 - PartnerRe Ltd. Gains Shareholder Approval for Proposals Related to the Acquisition of PARIS RE
PEMBROKE, Bermuda-(Business Wire)-September 24, 2009 - PartnerRe Ltd. (NYSE:PRE) (“the Company”) announced that at a Special General Meeting held today, PartnerRe shareholders approved all of the proposals unanimously recommended by the Company’s Board of Directors to effect the Company’s...
117 - HumanaDental Chosen To Provide Dental Benefits By Employees Retirement System of Texas
AUSTIN, Texas-(Business Wire)-September 24, 2009 - HumanaDental Insurance Company, a subsidiary of Humana (NYSE: HUM), has been chosen by the Employees Retirement System of Texas (ERS) to provide dental benefits for more than 500,000 participants who are eligible for the group-benefits program...
118 - BNSF Railway Taps Global Options Group to Combat Insurance Fraud
NEW YORK-(Business Wire)-September 24, 2009 - GlobalOptions Group, Inc. (NASDAQ: GLOI), a leading provider of domestic and international risk management services, today announced that it has entered into a formal five year agreement to serve as a preferred provider of investigative services to...
119 - Employees and Employers Reveal High Satisfaction and Improved Cost Control with HSAs, Surveys Report
DALLAS-(Business Wire)-September 24, 2009 - Most employers and account holders utilizing Health Savings Accounts (HSAs) and HSA-qualified health plans are satisfied with their coverage, spend less, and are more engaged in managing health benefits, separate surveys released today indicate. The...
120 - Major US Insurance Company Selects Workforce Management Solution from InVision Software
CHICAGO, Ill.-(Business Wire)-September 24, 2009 - InVision Software, a leading international supplier of workforce management (WFM) solutions, was selected by one of the largest commercial insurance writers in the US to implement a new cost-saving workforce management software for its contact...
121 - Finalists Announced in CNBC and Allianz ‘Green’ Competition
LONDON-(Business Wire)-September 24, 2009 - The three finalists of The Good Entrepreneur competition (www.goodentrepreneur.com) have been announced. Matthew Holloway, founder of eco-friendly air-conditioning company Artica; Craig White, who runs Modcell a carbon negative homes business, and Marco...
122 - Copart Reports Fourth Quarter Financial Results
FAIRFIELD, Calif.-(Business Wire)-September 23, 2009 - Copart, Inc. (NASDAQ:CPRT) today reported the results for its fourth quarter and fiscal year ended July 31, 2009. For the three months ended July 31, 2009, revenue, operating income and income from continuing operations were $184.3 million...
123 - LERETA Announces New Ownership
LOS ANGELES-(Business Wire)-September 23, 2009 - LERETA, LLC, an investment group which includes Doug Foley and Jim Thornton, announced today that it has acquired the real estate tax services and flood zone certification and reporting business of LandAmerica OneStop, Inc. (operating as LandAmerica...
124 - Cambridge Heart Announces New Research and Development Initiative
TEWKSBURY, Mass.-(Business Wire)-September 23, 2009 - Cambridge Heart, Inc. (OTCBB-CAMH) announced today that it intends to pursue research and development efforts on a new application derived from its core Microvolt T-Wave Alternans (MTWA) technology. The Company has gathered data, which although...
125 - Lewis Campbell to Retire as Textron’s CEO after 17 Years of Service; Board Names Scott Donnelly CEO-Elect
PROVIDENCE, R.I.-(Business Wire)-September 23, 2009 - The Board of Directors of Textron Inc. (NYSE:TXT) today announced that Scott C. Donnelly has been named Chief Executive Officer-Elect, to succeed current Chairman and Chief Executive Officer Lewis B. Campbell upon his retirement, effective...
126 - A.M. Best Revises Outlook to Stable for The First Rehabilitation Life Insurance Company of America
OLDWICK, N.J.-(Business Wire)-September 23, 2009 - A.M. Best Co. has revised the outlook to stable from negative and affirmed the financial strength rating of A- (Excellent) and issuer credit rating of “a-” of The First Rehabilitation Life Insurance Company of America (First Rehabilitation...
127 - MetLife to Hold Conference Call for Third Quarter 2009 Results
NEW YORK-(Business Wire)-September 23, 2009 - MetLife, Inc. (NYSE: MET) will hold its third quarter 2009 earnings conference call and audio Webcast on Friday, October 30, 2009, from 8:00 to 9:00 a.m. (ET). This will follow MetLife’s issuance of its third quarter earnings press release on Thursday...
128 - Contact GEICO for storm claims at 1-800-841-3000 or geico.com
ATLANTA-(Business Wire)-September 23, 2009 - GEICO urges policyholders whose vehicles have been damaged in the recent Atlanta area flooding to report their claims as early as possible. To reach GEICO’s claims team at anytime, 24 hours a day, call 1-800-841-3000 or report the claim on...
129 - The Lifeline Program’s Wm. Scott Page to Speak on Life Settlement Portfolio Aggregation at Life Settlements & Longevity Summit Sept. 30 in New York
ATLANTA-(Business Wire)-September 23, 2009 - Wm. Scott Page, president and CEO of The Lifeline Program, will be a featured speaker on the topic of life settlement portfolio aggregation at the Life Settlements & Longevity Summit The Lifeline Program is a life settlement provider based in Atlanta...
130 - PsoriasisDX and HairDX To Present “Pharmacogenomics In Dermatology And Cosmetics” During EADV Congress
BERLIN & IRVINE, Calif.-(Business Wire)-September 23, 2009 - A symposium about “Pharmacogenomics In Dermatology And Cosmetics” will be presented on Thursday, October 8 to coincide with the 18th European Academy of Dermatology and Venereology (EADV) Congress. It will be held at the...
131 - IdentityTruth Offers Its Innovative Identity Protection Service as an Information Feed
WALTHAM, Mass.-(Business Wire)-September 23, 2009 - IdentityTruth®, the leading provider of a new breed of services to help consumers safeguard their privacy and identity, today announces that its innovative Identity Protection Service is available as an Information Feed. The Information Feed is...
132 - A.M. Best Assigns Rating to Markel Corporation’s Issuance of Senior Notes
OLDWICK, N.J.-(Business Wire)-September 23, 2009 - A.M. Best Co. has assigned a debt rating of “bbb+” to the new issuance of $350 million 7.125% 10-year senior unsecured notes, due 2019 of Markel Corporation (Markel) (Richmond, VA) (NYSE: MKL). The assigned outlook is stable. Proceeds from the...
133 - CONEXIS and North Lake College Receive Joint Grant Worth More Than $500,000
DALLAS-(Business Wire)-September 23, 2009 - CONEXIS and educational partner North Lake College announced today that they are joint recipients of a grant in excess of $500,000 from the Texas Workforce Commission, a state network committed to the development of the Texas workforce and providing access...
134 - Southern California Fire Media Advisory: IINC Discusses Evacuation, Insurance & Recovery
LOS ANGELES-(Business Wire)-September 23, 2009 - With wind-driven fires forcing the evacuation of residents in the Fillmore, Moorpark and Norco areas, homeowners in hillside and brush areas are reminded of the importance of a family disaster plan. Homeowners often have only minutes to evacuate...
135 - Vice President Biden, Secretary Sebelius Issue New Report on Seniors and Health Insurance Reform
SILVER SPRING, Md.-(Business Wire)-September 23, 2009 - Vice President Joe Biden and Health and Human Services (HHS) Secretary Kathleen Sebelius today hosted a town hall meeting with seniors in Silver Spring, Md., and released a new report, Health Insurance Reform and Medicare: Making Medicare...
136 - AmeriChoice of Pennsylvania and the Health Network of the Chester County Hospital to Provide Services to AmeriChoice Medicaid Participants
WEST CHESTER, Pa.-(Business Wire)-September 23, 2009 - AmeriChoice of Pennsylvania and Chester County Hospital have announced an agreement that will provide AmeriChoice Medicaid members access to the hospital’s inpatient and outpatient facilities. “We are pleased to be able to offer to our...
137 - A.M. Best Assigns Indicative Ratings to FBL Financial Group Inc’s Shelf Registration
OLDWICK, N.J.-(Business Wire)-September 23, 2009 - A.M. Best Co. has assigned indicative debt ratings of “bb” to senior unsecured debt, “bb-” to subordinated debt and “b+” to preferred stock of FBL Financial Group Inc (FBL) (headquartered in West Des Moines, IA) [NYSE:FFG], which may...
138 - More Than 32,000 People in 12 Countries Will Participate In 15th Annual Prudential Global Volunteer Day
NEWARK, N.J.-(Business Wire)-September 23, 2009 - On Saturday, October 3, more than 32,000 Prudential Financial [NYSE:PRU] employees and their families and friends are expected to participate in the company’s 15th annual Global Volunteer Day by donating their time and talent to community service...
139 - A.M. Best Presents at the International Quality and Productivity Center’s 2nd Life Settlements and Longevity Summit
OLDWICK, N.J.-(Business Wire)-September 23, 2009 - Emmanuel Modu, head of insurance-linked securities of A.M. Best Co., is participating in the Life Settlements and Longevity Summit being held on September 30 and October 1 at the Millennium Broadway Hotel, New York City, New York. Mr. Modu’s...
140 - AlertDriving Expands Global Footprint
TORONTO-(Business Wire)-September 23, 2009 - AlertDriving, the global leader in fully integrated fleet risk management solutions, announced today the expansion of their FleetDefenseSM courseware in six new countries: Sweden, Finland, Denmark, Norway, Romania and Turkey. This release further...
141 - MetLife Enhances Its Web-Based Consumer Oral Health Library
NEW YORK-(Business Wire)-September 23, 2009 - Understanding how to maintain or improve oral health just got easier. MetLife, the largest commercial dental carrier, which administers dental benefits for over 21 million people, today unveiled its enhanced consumer resource, the MetLife Oral Health...
142 - Prudential Ranked 25 on the 2009 “Diversity Elite 60” List
NEWARK, N.J.-(Business Wire)-September 23, 2009 - Prudential Financial, Inc. (NYSE: PRU) has ranked No. 25 on Hispanic Business magazine's 2009 “Diversity Elite 60" list announced in the September issue of the magazine. According to Hispanic Business magazine, “This year's fifth annual list...
143 - Museum of American Finance Hosts Panel on the Privatization of Risk
NEW YORK-(Business Wire)-September 23, 2009 - On Tuesday, September 29, the Museum of American Finance will continue its 2009 Henry Kaufman Financial History and Practices Lecture/Symposia Series with a panel entitled “The Privatization of Risk: Understanding Risk Shifts in Healthcare, Pensions...
144 - The National Association of Insurance Commissioners (NAIC) has Voted to Include Realpoint as an Acceptable Rating Organization
HORSHAM, Pa.-(Business Wire)-September 23, 2009 - The National Association of Insurance Commissioners (NAIC) has voted to include Realpoint as an Acceptable Rating Organization, which means that US insurance companies can now rely on its CMBS ratings to calculate their capital strength and their...
145 - Jeff Bakke Recognized by 2009 Solutions Superstars Award
MINNEAPOLIS-(Business Wire)-September 23, 2009 - Representatives from Lighthouse1, the industry leader in Consumer Driven Healthcare (CDH) administration software solutions, are proud to announce that Jeff Bakke, Executive Vice President of Strategic Planning and Business Development for...
146 - More Than Half of Americans Surveyed Lack a Proper Financial Plan in Case of the Loss of the Family Breadwinner
NEW YORK-(Business Wire)-September 23, 2009 - American families are reporting an increased desire for financial protection in these times of economic crisis, but do not have the proper financial strategy in place to fund their families’ future, according to a new survey released today and...
147 - Progressive Named a Best Place to Launch a Career by BusinessWeek
MAYFIELD VILLAGE, Ohio-(Business Wire)-September 23, 2009 - For the fourth year in a row, car insurance company Progressive has earned a spot on BusinessWeek magazine’s Best Places to Launch a Career list. Each year, the magazine produces the ranking based in part on employer offerings such as...
148 - Research and Markets: South Korean Insurance Industry Forecast to 2012
DUBLIN-(Business Wire)-September 23, 2009 - Research and Markets is expected to grow at a CAGR of over 6%, with the main impetus coming from the non-life insurance sector. Analyzing the current market trends, we have done a comprehensive analysis of the South Korean insurance market to give an...
149 - Focused Health Solutions Sponsors Educational Forum on Population Health Management
DEERFIELD, Ill.-(Business Wire)-September 23, 2009 - Focused Health Solutions, a leading national provider of customized population health management services, is hosting top healthcare industry experts in Chicago on Thursday, Oct. 15, for a timely discussion on population health management programs...
150 - Allegient Systems Named to Software Magazine’s Annual Software 500 for Fourth Consecutive Year
WILTON, Conn.-(Business Wire)-September 23, 2009 - Allegient Systems today announced that it has been named to Software Magazine’s 27th Annual Software 500. This is the fourth consecutive year that Allegient Systems has earned a spot on this list of the world’s largest software and service...
151 - Brit Insurance selects edge IPK’s edgeConnect Enterprise License
FARMINGTON, Conn.-(Business Wire)-September 23, 2009 - edge IPK, a provider of insurance solutions which enable a secure, browser-based, internationalized presentation layer to provide all distribution channels an ideal user experience, today announced that Brit Insurance has selected an...
152 - Humana Extends Commitment to Consumer Education with Seven New Online Health Care Videos
LOUISVILLE, Ky.-(Business Wire)-September 23, 2009 - Humana Inc. (NYSE: HUM) has released seven new videos in its popular “Stay Smart, Stay Healthy” series. These videos – designed to help health care consumers better understand how health insurance works, and what factors affect the costs...
153 - Sun's Chief Human Resources Officer, Bill MacGowan, Joins Saba’s Board of Directors
REDWOOD SHORES, Calif.-(Business Wire)-September 23, 2009 - Saba Software, Inc. (NASDAQ:SABA), the premier people management software and services provider, today announced that Bill MacGowan, Chief Human Resources Officer and Executive VP, People and Places at Sun Microsystems, Inc., has been...
154 - Global Financial Crisis Drives New Attitude About Investing And Asset Allocation In America
SIMSBURY, Conn.-(Business Wire)-September 23, 2009 - The Hartford Mutual Funds today announced the results of a new survey examining the change in Americans’ mood on investing as a result of the global financial crisis. Findings reveal Americans are less confident and more conservative about their...
155 - Eldorado and WellDyneRx Announce Strategic Alliance
PHOENIX-(Business Wire)-September 23, 2009 - Eldorado Computing, Inc. (ELDORADO), a leading provider of health benefit and claims management platforms, and WellDyneRx Inc., a national pharmacy benefits management (PBM) company, announced today that they are collaborating to create and market...
156 - WeatherSafeTM Alerts Help Reduce Injury and Property Damage
SCOTTSDALE, Ariz.-(Business Wire)-September 23, 2009 - In cooperation with National Preparedness Month, Ethix Media announces WeatherSafe™ for subscribers of its flagship product Homeminders. The patent-pending WeatherSafe service provides a unique combination of near real-time severe weather...
157 - ProspX Chosen by OneBeacon Insurance for On-Demand Sales Collaboration
AUSTIN, Texas-(Business Wire)-September 23, 2009 - ProspX, Inc., developer of the first on-demand sales collaboration and automation solution for the commercial insurance industry, today announced that OneBeacon Insurance is participating on the ProspX platform with its Technology and Health Care...
158 - ***NOTE CHANGE IN LOCATION*** — U.S. Census Bureau Releases New Data on the Uninsured in Alameda County
OAKLAND, Calif.-(Business Wire)-September 22, 2009 - Elected officials, local health care providers, and community members will speak about the U.S. Census Bureau’s most recent release of Alameda County data on the uninsured. Speakers will talk about the need for national health care reform and...
159 - Financial Accounting Foundation Endorses Statement of the International Accounting Standards Committee Foundation Monitoring Board
NORWALK, Conn.-(Business Wire)-September 22, 2009 - The Board of Trustees of the Financial Accounting Foundation (FAF) has expressed support for the “Statement on Principles for Accounting Standards and Standard Setting” issued by the International Accounting Standards Committee (IASC...
160 - Flagstone Re Files Form S-3
HAMILTON, Bermuda-(Business Wire)-September 22, 2009 - Flagstone Reinsurance Holdings Limited (NYSE:FSR) announced today that it has filed a registration statement on Form S-3 with the Securities and Exchange Commission. Upon being deemed effective by the SEC, this registration statement will...
161 - Willis North America Inc. Prices Offering of $300 Million of Senior Notes
NEW YORK-(Business Wire)-September 22, 2009 - Willis North America Inc. (“WNA”), a subsidiary of global insurance broker Willis Group Holdings Limited (NYSE: WSH) (the “Company”), announced today that it has priced a registered offering of $300 million aggregate principal amount of its...
162 - Hudson Insurance Group Announces Expansion of its Financial Products Unit
STAMFORD, Conn.-(Business Wire)-September 22, 2009 - Hudson Insurance Group (“Hudson”), the U.S. Insurance division of Odyssey Re Holdings Corp. (NYSE:ORH), today announced the opening of a Mid-Atlantic regional office, which will provide insurance agents, brokers and their clients with local...
163 - Validus Holdings, Ltd. to Release Third Quarter 2009 Financial Results on November 5, 2009
HAMILTON, Bermuda-(Business Wire)-September 22, 2009 - Validus Holdings, Ltd. (the “Company”) (NYSE: VR) today announced that it plans to release its financial results for the third quarter ended September 30, 2009, after the close of trading on the New York Stock Exchange on Thursday...
164 - AAI and L-3 Deliver Aerial Situational Awareness Architecture for Manned/Unmanned Systems
HUNT VALLEY, Md. & SALT LAKE CITY-(Business Wire)-September 22, 2009 - AAI Corporation, an operating unit of Textron Systems, a Textron Inc. (NYSE: TXT) company, and L-3 Communication Systems-West today announced the achievement of a vital situational awareness architecture to support the U.S...
165 - New GEICOteendriving.com Portal Features YouTube Videos, Facebook Cause Page and Blogs for Teens
WASHINGTON-(Business Wire)-September 22, 2009 - GEICO is launching its new GEICOteendriving.com portal to talk to teens in their own language about safe driving through YouTube videos, a Facebook Cause page and blog entries. Several YouTube “celebrities” have contributed videos for a series of...
166 - W. R. Berkley Corporation Names Carol J. LaPunzina Senior Vice President – Human Resources
GREENWICH, Conn.-(Business Wire)-September 22, 2009 - W. R. Berkley Corporation (NYSE: WRB) today announced the appointment of Carol J. LaPunzina as senior vice president – human resources, a newly established position. She will be responsible for human resource operations and personnel...
167 - The Quantum Group Announces Third Quarter Financial Results for Fiscal Year 2009
WELLINGTON, Fla.-(Business Wire)-September 22, 2009 - The Quantum Group, Inc. (NYSE Amex:QGP) announced financial results for the third quarter of fiscal year 2009 ended July 31, 2009. For the period, the Company reported an increase in revenues of approximately 134% to $10,454,969, compared to...
168 - Wells Fargo Chairman Kovacevich To Retire; Stumpf To Succeed Him
SAN FRANCISCO-(Business Wire)-September 22, 2009 - Wells Fargo & Company (NYSE:WFC) said today that Chairman Dick Kovacevich will step down as chairman and a director at the end of 2009 and retire from the company in early 2010, after 23 years with the company. Kovacevich, who will be 66 next...
169 - Corporate Synergies Group, Inc. Names Industry Veteran Thomas Mangan CEO
MT. LAUREL, N.J.-(Business Wire)-September 22, 2009 - Corporate Synergies Group, Inc. (Corporate Synergies) has named Thomas Mangan CEO of the full-service benefits broker and consultant. Scott Birnbaum, Chairman of the Board of Corporate Synergies Group, said “Thom is a superb choice for...
170 - Women Gain As Breadwinners But The Hartford’s Survey Finds They Lag Behind In Life Insurance Knowledge, Use
SIMSBURY, Conn.-(Business Wire)-September 22, 2009 - Women have made gains in the job market, now holding half of our nation’s 132 million jobs, according to recent data from the U.S. Bureau of Labor Statistics. However, a gap remains in their understanding and use of benefits that protect their...
171 - The Phoenix Companies, Inc. Named to Working Mother Magazine 100 Best Companies List for 18th Year
HARTFORD, Conn.-(Business Wire)-September 22, 2009 - The Phoenix Companies, Inc. (NYSE: PNX) has been named among the 2009 Working Mother 100 Best Companies. This is the 18th year that Phoenix has been selected for the array of family-friendly benefits and programs it provides employees. The company...
172 - A.M. Best to Feature Best’s Directory of Recommended Insurance Attorneys at DRI Conference
OLDWICK, N.J.-(Business Wire)-September 22, 2009 - A.M. Best Co. will exhibit at booth #602 at the Defense Research Institute Annual Meeting, set for October 7-11 at the Sheraton Chicago Hotel & Towers in Chicago, Illinois. Visitors to A.M. Best’s booth can speak with company representatives...
173 - Textron to Release Third Quarter Results on October 27, 2009
PROVIDENCE, R.I.-(Business Wire)-September 22, 2009 - Textron Inc. (NYSE: TXT) will release its third quarter 2009 financial results on Tuesday, October 27, 2009. The company will also host a conference call at 9:00 a.m. (Eastern) to discuss the results and the company’s outlook. The call will...
174 - 2009 Project Resource Management Survey Reveals Surprising Insights
AUSTIN, Texas-(Business Wire)-September 22, 2009 - Cognitive Technologies – a consulting firm specializing in project management, collaborative processes, and organizational effectiveness for the federal government and Fortune 1000 companies – today released the findings of its 2009 Project...
175 - CIGNA Works with IBM to Transform Customer Experience
ARMONK, N.Y. & BLOOMFIELD, Conn.-(Business Wire)-September 22, 2009 - CIGNA (NYSE:CI) today announced the initial results of its multi-year strategy that places an entirely new focus on improving customers’ experience. The effort has led to an improvement in customer understanding of their...
176 - Iron Mountain Opens Special Storage Facilities to Help Federal Records Keepers Meet Oct. 1 Regulatory Deadline
BOSTON-(Business Wire)-September 22, 2009 - The clock is ticking for government agencies and their contractors, who have until next Thursday to comply with updated regulations from the National Archives and Records Administration (NARA) for protecting federal documents, photos and other records...
177 - Freelancers Union Health Insurance Model Becomes New York State Law
NEW YORK-(Business Wire)-September 22, 2009 - Based on a health insurance model pioneered by Freelancers Union, New York State has enacted a law that will create a demonstration program to provide independent workers – a third of the country’s workforce – with the same quality of health care...
178 - A.M. Best Assigns Ratings to Crestbrook Insurance Company
OLDWICK, N.J.-(Business Wire)-September 22, 2009 - A.M. Best Co. has assigned a financial strength rating of A+ (Superior) and issuer credit rating of “aa-” to Crestbrook Insurance Company (Crestbrook). The assigned outlook for both ratings is negative. Crestbrook is a wholly owned, reinsured...
179 - Aetna Sponsors Town Hall Meeting on Health System Reform
ATLANTA-(Business Wire)-September 22, 2009 - Aetna Inc. (NYSE: AET) will sponsor a town hall conversation on the national health system reform debate, presented by 100 Black Men of Atlanta Inc. Dr. David Satcher, former Surgeon General of the United States, will be among the panelists, who will be...
180 - Travelers Ranked by BusinessWeek as One of the "Best Places to Launch a Career"
NEW YORK-(Business Wire)-September 22, 2009 - Travelers (NYSE: TRV) has been named by BusinessWeek as one of the “Best Places to Launch a Career” in the magazine's annual ranking of employers across the country. This is Travelers’ third year being named to the list. “Travelers is pleased...
181 - Prudential and MullinTBG Enhance Total Retirement Solutions Experience
LOS ANGELES-(Business Wire)-September 22, 2009 - With the unpredictability of today’s economic markets affecting the retirement plans of millions of Americans, Prudential Retirement and MullinTBG are meeting the demand for user-friendly tools and resources that provide comprehensive retirement...
182 - Wolters Kluwer Financial Services Launches ExpertHeadquarters
MINNEAPOLIS-(Business Wire)-September 22, 2009 - Wolters Kluwer Financial Services announced today the launch of ExpertHeadquarters™, an ongoing series of Webinars and podcasts focused on helping financial institutions stay on top of the complex and rapidly-evolving bank regulatory environment...
183 - Announcement of Results of Any and All Tender Offer by Textron Inc.
PROVIDENCE, R.I.-(Business Wire)-September 22, 2009 - Today, Textron Inc. (NYSE: TXT) (“Textron”) announced the final results of its offer (the “Any and All Offer”) to purchase any and all of its outstanding 4 ½% Notes (the “4 ½% Notes”) due August 1, 2010 (CUSIP number 883203BJ9...
184 - Willis North America Inc. Announces Offering of $250 Million of Senior Notes
NEW YORK-(Business Wire)-September 22, 2009 - Willis North America Inc. (“WNA”), a subsidiary of global insurance broker Willis Group Holdings Limited (NYSE: WSH) (the “Company”), announced today that it has commenced a registered offering of $250 million aggregate principal amount of its...
185 - Willis North America Inc. Announces Cash Tender Offer for its 5.125% Senior Notes due 2010
NEW YORK-(Business Wire)-September 22, 2009 - Willis North America Inc. (“WNA”), a subsidiary of global insurance broker Willis Group Holdings Limited (NYSE: WSH) (the “Company”), announced today that it has commenced a tender offer to purchase any and all of its 5.125% Senior Notes due...
186 - Pacific Life Uses HighRoads to Augment Summary Plan Description (SPD) ERISA Compliance
BOSTON-(Business Wire)-September 22, 2009 - HighRoads, the company providing employers – for the first time – complete control over their health care cost and compliance, today announced that Pacific Life Insurance has selected the HighRoads SPD Service to augment the maintenance of its...
187 - European Insurers Employ Derisking and Capital Deployment Initiatives to Improve Their Financial Strength
OLDWICK, N.J.-(Business Wire)-September 22, 2009 - European insurers reported varying first-half 2009 financial results. Some of the major groups still posted losses for the half year and recorded further erosion in their shareholders’ equity base. A.M. Best Co.’s analysis of Europe’s 10...
188 - Aetna Selected to Provide Medicare Advantage PPO Plans to Retired State Employees in Pennsylvania
BLUE BELL, Pa.-(Business Wire)-September 22, 2009 - Aetna (NYSE:AET) announced today that it has been selected by the Pennsylvania Employees Benefit Trust Fund (PEBTF) as the sole provider of Medicare Advantage PPO plans to retired state employees. Aetna will be one of three health plans providing...
189 - The Hartford Named To Carbon Disclosure Leadership Index For 2nd Consecutive Year
HARTFORD, Conn.-(Business Wire)-September 22, 2009 - The Hartford Financial Services Group, Inc., (NYSE: HIG), today announced that for the 2nd consecutive year it is featured in the Carbon Disclosure Project’s (CDP) “Carbon Disclosure Leadership Index.” This index, a key component of...
190 - The Penn Mutual Life Insurance Company ‘WORTH’ Study Shows Women Are Unaware of Living Benefits of Life Insurance
HORSHAM, Pa.-(Business Wire)-September 22, 2009 - The Penn Mutual Life Insurance Company today announced that a recent national survey conducted by the company revealed that while women value the “living benefits” of life insurance, primarily the ability to access cash, they are largely...
191 - USAble Life Insurance Extends Partnership with Benefitfocus
CHARLESTON, S.C.-(Business Wire)-September 22, 2009 - Benefitfocus® and USAble Life announced today a multi-year partnership through 2013 that leverages the Benefitfocus suite of solutions to transform the way group and voluntary benefits are sold, enrolled, billed and serviced. Multiple technology...
192 - Inter-Atlantic Financial, Inc. Announces Significant Improvement in Deal Terms for Public Shareholders; Proposed Changes Reflect 21% Reduction in Price and Revised Annual Dividend Rate of 15.5%
NEW YORK-(Business Wire)-September 22, 2009 - Inter-Atlantic Financial, Inc. (NYSE Amex: IAN) today announced that, upon closing of the planned merger with Patriot Risk Management, Inc., 937,500 Class A shares will be transferred to public shareholders from its founders. These shares represent 50...
193 - The Marketing Alliance Announces Financial Results for the Fiscal 2010 First Quarter Ended June 30, 2009
ST. LOUIS-(Business Wire)-September 22, 2009 - The Marketing Alliance, Inc. (Pink Sheets: MAAL) (“TMA”), a provider of services and distributor of products to independent insurance agencies throughout the United States, today announced financial results for its fiscal 2010 first quarter ended...
194 - DAVID Corporation Appoints Kyle Caswell SVP, Sales and Marketing
SAN FRANCISCO-(Business Wire)-September 22, 2009 - DAVID Corporation, a provider of risk-management software and services, today announced the appointment of Kyle G. Caswell to the position of Senior Vice President, Sales and Marketing. In this new position, Caswell will be responsible for all of...
195 - SUNZ selects Innovation WORKS Workers’ Compensation Policy and Claims Solution
NEWTON, Mass.-(Business Wire)-September 22, 2009 - Innovation Group—www.us.innovation-group.com—a leading global provider of enterprise software and business process outsourcing solutions to the property and casualty insurance industry, today announced that it has been selected to deliver...
196 - CastleBay Consulting Recognized in Novarica’s Market Navigator
AUSTIN, Texas-(Business Wire)-September 22, 2009 - CastleBay Consulting Corporation, a consulting services firm specializing in providing high impact consulting services to the Property & Casualty insurance market, today announced that Novarica has recognized CastleBay’s services in the...
197 - Frontline Homeowners Insurance Selects iPartners’ Business Intelligence Solution
ATLANTA-(Business Wire)-September 22, 2009 - iPartners, the leading provider of ‘on demand’ business analytics solutions to the property & casualty (P&C) insurance industry, today announced that Florida-based Frontline Homeowners Insurance has selected the complete iPartners Insurance...
198 - Chris Behling President of Hooper Holmes Health & Wellness Elected to the Board of the DMAA: The Care Continuum Alliance
BASKING RIDGE, N.J.-(Business Wire)-September 22, 2009 - Hooper Holmes (NYSE Amex:HH) today announced that the President of its Health and Wellness Division, Christopher J. Behling, has been elected to the Board of the DMAA: The Care Continuum Alliance. The DMAA: The Care Continuum Alliance...
199 - PT Marketing Announces the Launch of its Long Term Care Appointment Setting Program
PITTSBURGH-(Business Wire)-September 22, 2009 - PT Marketing’s Long Term Care Appointment Setting Program is the latest in a series of programs designed to help financial services and insurance professionals build their sales pipelines. This program identifies business owners and key decision...
200 - Zip Code 22412 Has GEICO Written All Over It
FREDERICKSBURG, Va.-(Business Wire)-September 22, 2009 - You’ve probably received mail from GEICO before, but did you know that GEICO is large enough to have its own zip code? That would be 22412, and it’s home to GEICO’s regional office and National Print Mail Center (NPMC) in Fredericksburg...
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