Insurance Newswire
A.M. Best Affirms Ratings of Lloyd's Syndicates 2623 and 623
OLDWICK, N.J.-(Business Wire)-September 5, 2008 - A.M. Best Co. has affirmed the Best's Syndicate Ratings of A (Excellent) and the issuer credit ratings of "a+" of Lloyd's Syndicate 2623 and Lloyd's Syndicate 623 (United Kingdom). At the same time, A.M. Best has affirmed the ICR of "bbb+" of Beazley...
Sun Life Financial Earns Top Marks in 2009 Corporate Equality Index
WELLESLEY, Mass.-(Business Wire)-September 5, 2008 - The U.S. division of Sun Life Financial Inc. (NYSE:SLF, TSX:SLF) today announced that it has earned the top rating of 100 percent in the 2009 Corporate Equality Index (CEI), an annual survey administered by the Human Rights Campaign Foundation...
The Amacore Group, Inc. Reports Second Quarter Earnings
LAKE MARY, Fla.-(Business Wire)-September 5, 2008 - The Amacore Group, Inc., (OTC BB: ACGI), a leader in providing health-related membership benefits programs, insurance programs and other innovative and high-quality solutions to individuals, families and employer groups nationwide, today...
A.M. Best Company to Discuss Bank Ratings at OBL/ILFI Annual Convention
OLDWICK, N.J.-(Business Wire)-September 5, 2008 - A.M. Best Co. will be exhibiting at the Ohio Bankers League/Illinois League of Financial Institutions (OBL/ILFI) Annual Convention, set for September 10-14 at the Pointe Hilton Tapatio Cliffs Resort in Phoenix, AZ. Representatives will be available...
Lockton Granted Wholly Owned License in China
LONDON & SHANGHAI, China-(Business Wire)-September 5, 2008 - The China Insurance Regulatory Commission (CIRC) has granted Lockton a Wholly Owned Foreign Enterprise (WOFE) insurance broking license to operate in China. The new license underscores Lockton's plans to accelerate the introduction...
Company Profile for BancInsure
-(Business Wire)-September 5, 2008 - Founded in 1985 as the only full-line independent insurer focusing completely on financial institutions, BancInsure's understanding of financial institutions and their intricate operations is unmatched in the marketplace. This translates to extraordinary value...
RGA Shareholders Approve Special Meeting Proposals in Connection with Proposed Recapitalization, Split-off
ST. LOUIS-(Business Wire)-September 5, 2008 - Reinsurance Group of America, Incorporated (NYSE: RGA) announced that, at a special meeting of shareholders held today, shareholders approved all proposals, including: — The recapitalization and distribution agreement with MetLife, Inc. and the...
A.M. Best Company's Review & Preview - Europe to Take Place 15 October in London
OLDWICK, N.J.-(Business Wire)-September 5, 2008 - A.M. Best Co. will host a comprehensive one-day conference to explore the issues facing the European insurance industry. The 2008 Review & Preview Conference - Europe will be held on 15 October, from 8:30a.m. to 5:30p.m. at the Honourable...
National Storm Continues Recovery with Second Quarter Results
GLEN ELLYN, Ill.-(Business Wire)-September 5, 2008 - National Storm Management continued its track of improvement with the release of earnings for the quarter ended June 30, 2008. The second quarter operating loss was $325K compared to $453K in the first quarter of 2008 and $1.3 million in the...
Provocative 'Uncovered' Statues Spotlight the Uninsured as Olympian Janet Evans and Blue Shield of California CEO Bruce Bodaken Encourage Californians to Take Action
LOS ANGELES-(Business Wire)-September 5, 2008 - "Uncovered" — an exhibit featuring dozens of statues symbolizing the millions of Californians who live without health insurance, will be unveiled today in Los Angeles. This arresting display, sponsored by Blue Shield of California, draws...
Freewheelin Bicycle-Sharing Project a Big Hit at Democratic, Republican National Conventions
ST. PAUL, Minn.-(Business Wire)-September 5, 2008 - Delegates, visitors to Denver, Minneapolis and St. Paul, and residents of the host cities for this year's national political conventions made it clear over the past two weeks that they enthusiastically endorse bicycle-sharing for the good of...
Aetna Signs Contract with Central Florida Health Alliance
ORLANDO, Fla.-(Business Wire)-September 5, 2008 - Aetna (NYSE: AET) announced today that it has reached agreement with the Central Florida Health Alliance on a three-year contract that adds Leesburg Regional Medical Center and The Villages Regional Hospital to Aetna's provider network in the Central...
Quality Systems Shareholders Elect Seven Company Nominees to Fill Majority of Nine Board Seats
IRVINE, Calif.-(Business Wire)-September 4, 2008 - Quality Systems, Inc. (Nasdaq: QSII) today announced that, based on an estimate of the votes cast at the company's Annual Meeting of Shareholders on September 4, 2008, stockholders have overwhelmingly supported the company's director nominees by...
Zurich offers information about minimizing storm damage to business properties and operations
SCHAUMBURG, Ill.-(Business Wire)-September 4, 2008 - Zurich, a leading property and casualty insurance provider in the U.S. and globally, today offered information to business owners and managers on specific steps they can take to minimize damage to their property and operations as hurricane...
Low Mileage, Gas-Saving Motorists Get Insurance Break With New "Trust-based" PAYD Insurance
SAN FRANCISCO-(Business Wire)-September 4, 2008 - Low mileage drivers now have a new way to reduce the amount they spend on their auto premiums - one that fully protects their privacy. Real Insurance (www.realinsurance.com.au), Australia, and Exigen Insurance Solutions (www.exigeninsurance.com), San...
Hudson Insurance Group Announces the Formation of an Environmental Products Unit
STAMFORD, Conn.-(Business Wire)-September 4, 2008 - Hudson Insurance Group ("Hudson"), the U.S. Insurance division of Odyssey Re Holdings Corp. (NYSE: ORH), today announced the formation of an Environmental Products unit to be headquartered in New York City and managed by Stephen L. Porcelli, Senior...
Keane Business Risk Management Solutions Launches SCORE 3.5
WAYNE, Pa.-(Business Wire)-September 4, 2008 - Keane Business Risk Management Solutions recently unveiled Keane SCORE 3.5, the next evolution of their innovative Compliance and Risk Management software as a service product. Keane SCORE is deployed in insurance, financial services, and various...
ADDING MULTIMEDIA USAA Aligns the Stars to Salute the Troops on ABC, Sunday, September 7 9/8c
SAN ANTONIO-(Business Wire)-September 4, 2008 - A diverse cross-section of America's most popular performers and entertainers - including Toby Keith, Janet Jackson, ZZ Top, Jessica Simpson, Snoop Dogg and others - are coming together on the same stage for one night only at an all-star salute to...
E-Fusion Podcast Examines Insurers' Expanding Use of Information Systems to Control Claims and Other Costs
OLDWICK, N.J.-(Business Wire)-September 4, 2008 - The latest edition of the E-Fusion Podcast features an audio interview with technologist Patricia Saporito of Information Objects on how insurers are becoming better at corralling massive amounts of data into systems that guide decision-making...
A.M. Best Comments on Unitrin's Purchase of Direct Response Corporation
OLDWICK, N.J.-(Business Wire)-September 4, 2008 - A.M. Best Co. has commented that the financial strength rating (FSR) of A (Excellent) and issuer credit rating (ICR) of "a" of Unitrin Property and Casualty Insurance Group (Unitrin) and its member companies are unchanged at this time following the...
A.M. Best Places Ratings of Response Insurance Group and Its Members Under Review with Positive Implications
OLDWICK, N.J.-(Business Wire)-September 4, 2008 - A.M. Best Co. has placed the financial strength rating (FSR) of B++ (Good) and issuer credit rating (ICR) of "bbb" of Response Insurance Group (Response) and its following members under review with positive implications: Response Insurance Company...
The Hartford To Webcast International Investor Meeting Live From Tokyo On September 10
HARTFORD, Conn.-(Business Wire)-September 4, 2008 - The Hartford Financial Services Group, Inc. (NYSE: HIG) one of the nation's largest and most diversified financial services companies, will host a live webcast of its international investor meeting in Tokyo on September 10 from 12:30 a.m. to 3:00...
CarInsurance.com Expands Into Kansas, New Hampshire, and Utah
ALTAMONTE SPRINGS, Fla.-(Business Wire)-September 4, 2008 - CarInsurance.com, a leading independent insurance agency, has expanded its agency relationship into three new states this month. CarInsurance.com offers an exclusive product offering so consumers can purchase insurance online or over the...
Plymouth Rock Puts Green Back in "Green" Drivers' Pockets
BOSTON-(Business Wire)-September 4, 2008 - Plymouth Rock Assurance Corporation today announced it is the first automobile insurer in Massachusetts to reward its new and renewing policyholders with lower rates for "going green," by driving less. Committed to reducing emissions and helping customers...
HUB International Acquires Arnold and Associates
CHICAGO-(Business Wire)-September 4, 2008 - Hub International Limited announced today that it has acquired the assets of Arnold and Associates, Inc. (Arnold), a Phoenix, Arizona agency specializing in employee benefits. Arnold will become part of Hub International of Arizona, a division of Hub...
Wells Fargo Adds Manny Lauria as Managing Director of Insurance Operation in Atlanta
CHICAGO-(Business Wire)-September 4, 2008 - Wells Fargo Insurance Services, Inc. announces the addition of Emanuel (Manny) Lauria, Jr. as managing director of its Atlanta office. Lauria will report to Julian E. Smiley, senior vice president. Lauria will oversee all operations of the Atlanta...
HealthMarkets Adds Chief Marketing Officer; New Chief Actuary Also Joins Management Team
NORTH RICHLAND HILLS, Texas-(Business Wire)-September 4, 2008 - HealthMarkets, Inc. ; significant liabilities and costs associated with litigation; failure of the Company's information systems to provide timely and accurate information; negative publicity regarding the Company's business practices...
Advantica EyeCare: Appoints Marketing Project Manager
CLEARWATER, Fla.-(Business Wire)-September 4, 2008 - Advantica EyeCare, a vision care plan provider to employer groups and health plan organizations, announces the appointment of Sean McCormick to the position of Marketing Project Manager according to J.P. Fatseas, Marketing Director. Mr...
CIGNA Recognized for Return-to-Work Program; Wins Life and Health Insurance Foundation for Education's realLIFEstories Contest
PHILADELPHIA-(Business Wire)-September 4, 2008 - CIGNA was named the winner of the disability category in The Life and Health Insurance Foundation for Education's (LIFE) realLIFEstories Client Service Award contest. It's the first time a group disability insurance carrier has been recognized as a...
Saint Elizabeth, The Physician Network and UnitedHealthcare Sign New Multi-Year Agreement
LINCOLN, Neb.-(Business Wire)-September 4, 2008 - Saint Elizabeth Regional Medical Center, The Physician Network and UnitedHealthcare, a UnitedHealth Group (NYSE: UNH) company, announced that they have signed a new multi-year agreement. The new agreements provide UnitedHealthcare commercial...
Fireman's Fund Insurance Company's Entertainment Division Partners with Allianz Insurance in the U.K. to Expand Its Industry-Leading Film Underwriting Capability
NOVATO, Calif.-(Business Wire)-September 4, 2008 - Fireman's Fund Insurance Company, the entertainment community's veteran leader in insuring feature films, is expanding its operation with the opening of a London office which offers film underwriting to European production companies. Ian Mercer...
Assured Guaranty Corp. Guarantees $339 Million in Bonds for Louisville Arena Authority and Announces August U.S. Public Finance New Issue Volume
NEW YORK-(Business Wire)-September 4, 2008 - Assured Guaranty Corp. ("Assured" or the "Company"), the triple-A rated financial guaranty subsidiary of Assured Guaranty Ltd. (NYSE:AGO), announced today that it guaranteed $319 million of fixed rate tax-exempt and $20 million of fixed rate taxable bonds...
Nationwide Prepares for Tropical Storm Hanna
COLUMBUS, Ohio-(Business Wire)-September 4, 2008 - Nationwide claim representatives and agents are prepared to assist customers should Tropical Storm Hanna become a weather-related disaster. As weather alerts and reports from around the country track the storm patterns, Nationwide has people and...
"Drive It Now" - Car Payment Advertising for Online Auctions, Classifieds and Dealer Websites
CINCINNATI-(Business Wire)-September 4, 2008 - Automobile Consumer Services, Inc. (ACS), announced today, a new service that gives vehicle sellers who list their cars on eBay, classifieds, and their own websites, the ability to quote competitive loan and lease payments with the "Drive It Now...
BB&T Insurance Services to Offer Customers MyTerm(SM), a New Online Life Insurance Product
NEWARK, N.J.-(Business Wire)-September 4, 2008 - Prudential Financial, Inc. (NYSE:PRU) today announced it is partnering with BB&T Insurance Services to offer MyTerm(SM), an immediate issue term life insurance policy available through the Internet, to its customers. Through an online simplified...
GEICO is Ready to Help Policyholders When Hurricane Hanna Blows into East Coast
MACON, Ga.-(Business Wire)-September 4, 2008 - GEICO is prepared to help policyholders as Hurricane Hanna makes its way up the East Coast into Georgia, the Carolinas and Virginia as projected. GEICO has put Catastrophe Response Teams (CAT) on standby and will dispatch special claims teams to damaged...
A.M. Best Affirms Ratings of TIAA
OLDWICK, N.J.-(Business Wire)-September 4, 2008 - A.M. Best Co. has affirmed the financial strength rating (FSR) of A++ (Superior) and issuer credit ratings (ICR) of "aaa" of Teachers Insurance and Annuity Association of America (TIAA) and its insurance operating subsidiary, TIAA-CREF Life Insurance...
Fitch Affirms CIGNA's Ratings
NEW YORK-(Business Wire)-September 4, 2008 - Fitch Ratings has affirmed its current ratings on CIGNA Corporation (NYSE: CI) (CIGNA). A full rating list is shown below. The Rating Outlook is Stable. Today's rating action reflects the company's well-established competitive position in the U.S...
Take Care Clinics Open at Two Walgreens in Louisville
LOUISVILLE, Ky.-(Business Wire)-September 4, 2008 - Take Care Health Systems, one of the largest managers of convenient care clinics and a wholly-owned subsidiary of Walgreens (NYSE, NASDAQ: WAG), has opened two Take Care Clinics at Walgreens drugstores in Louisville. The clinics are walk-in...
Earvin "Magic" Johnson to Speak at AARP Life@50+ Expo on the Importance of Health Literacy and Life after 50
-(Business Wire)-September 4, 2008 - Aetna: -0- *T WHO: Earvin "Magic" Johnson, NBA Legend and Entrepreneur WHAT: Mr. Johnson will speak to attendees on the value of health literacy, especially as they approach and go beyond the age of 50. He will also discuss personal challenges he has faced in...
NMI (Non-Manufacturing Index) at 50.6%; August Non-Manufacturing ISM Report On Business(R); Business Activity Index at 51.6%; New Orders Index at 49.7%; Employment Index at 45.4%
TEMPE, Ariz.-(Business Wire)-September 4, 2008 - Economic activity in the non-manufacturing sector grew in August, say the nation's purchasing and supply executives in the latest Non-Manufacturing ISM Report On Business(R). The report was issued today by Anthony Nieves, C.P.M., CFPM, chair of the...
Dr. Charles Smith Named Chief Medical Officer for CIGNA's Wellness, Lifestyle Management and Coaching Programs
BLOOMFIELD, Conn.-(Business Wire)-September 4, 2008 - CIGNA has named Dr. Charles Smith as chief medical officer for CIGNA's health solutions unit, which provides the company's health and wellness programs, including health coaching, behavioral health and lifestyle management programs, case...
A.M. Best Affirms Ratings of First Net Insurance Company
OLDWICK, N.J.-(Business Wire)-September 4, 2008 - A.M. Best Co. has affirmed the financial strength rating of B+ (Good) and the issuer credit rating of "bbb-" of First Net Insurance Company (Guam). The outlook for both ratings is stable. The ratings reflect First Net's persistent favorable operating...
A.M. Best Affirms and Assigns Ratings to AMERIGROUP Corporation's HMO Subsidiaries
OLDWICK, N.J.-(Business Wire)-September 4, 2008 - A.M. Best Co. has affirmed and assigned financial strength ratings (FSR) and issuer credit ratings (ICR) to the health maintenance organization (HMO) subsidiaries of AMERIGROUP Corporation (AMERIGROUP) (headquartered in Virginia Beach, VA) (NYSE...
Humana Military Healthcare Services Assures Beneficiaries Affected by Tropical Storm Gustav of Continued Service and Support in the South
LOUISVILLE, Ky.-(Business Wire)-September 4, 2008 - Humana Inc. (NYSE: HUM) announced today that Humana Military Healthcare Services (HMHS), TRICARE's contractor for the South Region, will continue its support and services for TRICARE beneficiaries in the Gulf Coast areas of Alabama, Arkansas...
Study Reveals Wellness Program Enrollment Rates Vary by Industry
NASHVILLE, Tenn.-(Business Wire)-September 4, 2008 - Today Gordian Health Solutions, Inc. revealed the results of a national study showing that enrollment rates in wellness and health coaching programs vary significantly by industry sector, with the healthcare and social assistance sector topping...
'HealthGate Governance(TM)' Application Addresses Mounting Requirements for Governance, Transparency and Accountability in Healthcare Quality and Improvement Initiatives
BURLINGTON, Mass.-(Business Wire)-September 4, 2008 - HealthGate Data Corp. announced today the availability of HealthGate Governance(TM), a collection of web-based tools designed specifically to help hospitals and health systems manage the complex governance issues associated with quality and...
Civil Service Employees Insurance Group Hires Bo Brown as Senior Territory Marketing Representative in Arizona
SAN FRANCISCO-(Business Wire)-September 4, 2008 - Civil Service Employees Insurance Group (CSE Insurance), a leader in providing civil service employees with quality protection at affordable rates, has hired Joseph "Bo" Brown as Senior Territory Marketing Representative for the state of Arizona...
New York Life Launches Voluntary Program to Reach out to Heirs of Greek Policies from 1914
NEW YORK-(Business Wire)-September 4, 2008 - New York Life Insurance Company announced an outreach program to locate and compensate heirs of approximately 1,000 life insurance policies issued to Greeks in the Ottoman Empire prior to 1915. As part of the Greek Life Insurance Policy Program, New...
Apollo Medical Holdings, Inc., Medical Management Leader, Begins Trading on the OTC-BB
GLENDALE, Calif.-(Business Wire)-September 4, 2008 - Apollo Medical Holdings, Inc. (OTCBB:AMEH), a leading provider of management services to medical groups that provide comprehensive hospital-based medical services, today announced that it completed its reverse merger with Siclone Industries...
MMC Names Orlando D. Ashford Senior Vice President, Human Resources
NEW YORK-(Business Wire)-September 4, 2008 - Marsh & McLennan Companies, Inc. (MMC) today announced that it has appointed Orlando D. Ashford as Senior Vice President, Human Resources. Mr. Ashford's appointment is effective September 22, 2008. He will report directly to MMC President and CEO...
AIR Worldwide White Paper Reviews Original Research on Climatological Influences on Hurricane Landfall Risk
BOSTON-(Business Wire)-September 4, 2008 - At the midpoint of an active 2008 hurricane season, AIR Worldwide Corporation (AIR) issued a white paper to provide an update on its original research on climatological influences on hurricane landfall risk. The white paper explains in detail AIR's approach...
TABB Group Forecasts Monthly Novation of CDS Trades to Exceed $45.2 Trillion by 2010; Additional Automation Imperative
NEW YORK & LONDON-(Business Wire)-September 4, 2008 - Eighteen years after the credit default swap (CDS) was created to help firms hedge against the risk of default of a given asset, TABB Group estimates that the average notional value at risk (the total value of a leveraged position's assets...
Bear River Mutual Insurance Company Selects Guidewire
MURRAY, Utah & SAN MATEO, Calif.-(Business Wire)-September 4, 2008 - Bear River Mutual Insurance Company (Bear River Mutual), the fourth largest writer of personal lines insurance in Utah, and Guidewire Software(R), a leading global provider of solutions to property casualty insurers, today...
Homeowners Choice Announces Florida Regulatory Authorization to Increase Its Citizens Policies to 95,000 from 30,000
CLEARWATER, Fla.-(Business Wire)-September 4, 2008 - Homeowners Choice, Inc. (NASDAQ:HCIIU), a Florida-based provider of homeowners' insurance, today announced that its wholly-owned insurance subsidiary, Homeowners Choice Property & Casualty Company, Inc., has received approval from the...
Guy Carpenter Wins "Reinsurance Broking Team of the Year" At The Review Worldwide Reinsurance Awards 2008
NEW YORK-(Business Wire)-September 4, 2008 - Guy Carpenter & Company, LLC, the leading global risk and reinsurance specialist, announced today that it has won the "Reinsurance Broking Team of the Year" award at The Review Worldwide Reinsurance Awards 2008. The award, in recognition of the...
Allstate's Mobile Response Units in place for Gustav, Resources Prepositioned to Respond to Hanna
NORTHBROOK, Ill.-(Business Wire)-September 3, 2008 - Allstate (NYSE: ALL) has set up 14 Mobile Response Units in Louisiana, Mississippi, Alabama and Texas to help policyholders affected by Hurricane Gustav begin the claims process as soon as possible. The self-contained, specially-equipped units are...
USAA Responds to Hurricane Gustav -- Sept. 3, 2008
SAN ANTONIO-(Business Wire)-September 3, 2008 - USAA has initiated a broad range of efforts designed to help our members. 1. USAA Team Jumps in to Action to Help Members Recover — A team of 350 catastrophe adjusters and support personnel are headed to areas affected by Hurricane Gustav. The...
RenaissanceRe to Participate in the 2008 Lehman Brothers Global Financial Services Conference
PEMBROKE, Bermuda-(Business Wire)-September 3, 2008 - RenaissanceRe Holdings Ltd. (NYSE: RNR) announced today that Fred R. Donner, Executive Vice President and Chief Financial Officer, will participate in the 2008 Lehman Brothers Global Financial Services Conference in New York City on Monday...
Alabama Beach Pool Reports Progress on Coastal Insurance Issues
FOLEY, Ala.-(Business Wire)-September 3, 2008 - The Alabama Insurance Underwriting Association, known as the Beach Pool, today released a progress report on a series of coastal insurance recommendations made by a state task force following Hurricane Ivan in 2004. The 20-member Hurricane Insurance...
Wells Fargo Continues Growth in Northwest by Acquiring the Assets of Char Clark Associates, Inc.
CHICAGO-(Business Wire)-September 3, 2008 - Wells Fargo Insurance Services, Inc. - America's largest bank-owned insurance brokerage and a subsidiary of Wells Fargo & Company (NYSE:WFC) - announced today that it has acquired the assets of Spokane, Washington's Char Clark Associates, Inc. The...
Travelers Reminds Residents Risks Remain After the Storm Passes
HARTFORD, Conn.-(Business Wire)-September 3, 2008 - Although the worst winds of Hurricane Gustav have passed, significant danger still exists after the hurricane due to downed power lines, unstable trees and flooding. Travelers (NYSE: TRV) reminds residents of the impacted area to confirm with...
GEICO Catastrophe Response Teams Helping Victims of Hurricane Gustav
NEW ORLEANS-(Business Wire)-September 3, 2008 - GEICO's claims staff has been working around the clock since Hurricane Gustav made landfall. GEICO's Catastrophe Response Teams (CAT) of more than 70 adjusters has been deployed to Louisiana and Mississippi and will remain until all hurricane claims...
Nationwide Insurance, NASCAR Driver Jeff Burton Encourage Local Drivers to Stop Texting While Driving
COLUMBUS, Ohio-(Business Wire)-September 3, 2008 - Today, Nationwide Insurance teamed up with the Columbus City Schools and NASCAR driver Jeff Burton to raise awareness among drivers in Columbus about DWD - Driving While Distracted. "I am an active safety advocate in NASCAR and do everything to...
MetLife to Hold Tokyo Investor Conference
NEW YORK-(Business Wire)-September 3, 2008 - MetLife, Inc. (NYSE: MET) will hold an investor conference in Japan at The Grand Hyatt Tokyo at Roppongi Hills on Wednesday, September 10, 2008, from 9:00 a.m. to approximately 11:00 a.m. local time. Presenters will include members of MetLife's...
9th Edition of The Border Guide - Definitive Guide to Living on Both Sides of U.S./Canadian Border - Now Available
PHOENIX-(Business Wire)-September 3, 2008 - The 9th Edition of The Border Guide, a best-selling book on living and investing on both sides of the Canadian/U.S. border, is now available at Amazon.com. Written by international finance expert Robert Keats, the 9th edition has been expanded to assist...
Odyssey Re Holdings Corp. Announces $200 Million Increase to Share Repurchase Program
STAMFORD, Conn.-(Business Wire)-September 3, 2008 - Odyssey Re Holdings Corp. (NYSE: ORH) announced today that its Board of Directors has approved an increase to the Company's existing share repurchase program, authorizing the repurchase of up to an additional $200 million of the Company's common...
A.M. Best Downgrades Ratings of American Farmers & Ranchers Group; Ratings Remain under Review
OLDWICK, N.J.-(Business Wire)-September 3, 2008 - A.M. Best Co. has downgraded the financial strength rating (FSR) to B- (Fair) from B+ (Good) and issuer credit rating (ICR) to 'bb-" from 'bbb-" of American Farmers & Ranchers Group (Oklahoma City, OK) and its members American Farmers &...
The American Lawyer's September Issue: Fighting The Lawyer's War in Iraq; Inside Cadwalader's Fall and the 2008 Lifetime Achievers
NEW YORK-(Business Wire)-September 3, 2008 - This month, The American Lawyer's cover story reports on the "other war" in Iraq, aimed at establishing the rule of law in a country where legal reform - like everything else - is both complicated and dangerous. Also in this issue, the magazine analyzes...
General Re-New England Asset Management, Inc.(R) Hires Ms. Stacy Varney
FARMINGTON, Conn.-(Business Wire)-September 3, 2008 - General Re-New England Asset Management (GR-NEAM(TM)) has hired Ms. Stacy Varney as Vice President, New Business Development. Ms. Varney, formerly with JHA, a subsidiary of Gen Re LifeHealth, was responsible for JHA's marketing and business...
Peachtree LBP(R) Announces Update of Loan Rate for LBP 401(k) Plus(R)
NORCROSS, Ga.-(Business Wire)-September 3, 2008 - Peachtree LBP, the Administrator for LBP 401(k) Plus, announced that today's rate for loans made as part of LBP 401(k) Plus is 5.16%. The loan rate is based on the 12-month LIBOR rate (currently 3.21%) plus a margin of 1.95%. (The LIBOR rate varies...
SK&A Board of Directors Promotes David Escalante, Jr. to President and CEO
IRVINE, Calif.-(Business Wire)-September 3, 2008 - Stuart Krasney, founder and Chairman of the Board of SK&A, a leading provider of healthcare information solutions and research, today announced the promotion of David Escalante, Jr. to the position of Chief Executive Officer. The promotion makes...
A.M. Best Company 2009 Advertising Opportunities Kit Now Available
OLDWICK, N.J.-(Business Wire)-September 3, 2008 - The A.M. Best Company Advertising Opportunities 2009 media kit is now available. The kit contains detailed information about multimedia real-time, daily, weekly and monthly advertising opportunities available through A.M. Best Co.'s news products and...
Janet Northrup and Brendetta Scott of Hughes Watters Askanase to Speak at the University of Houston Law Foundation's Collecting Debts and Judgments Seminar
HOUSTON-(Business Wire)-September 3, 2008 - Janet Northrup and Brendetta Scott of Hughes Watters Askanase L.L.P. (www.hwa.com) are serving as speakers for the Collecting Debts and Judgment Seminar sponsored by the University of Houston Law Foundation offered live Sept. 11-12 in Dallas and Sept...
Louisiana Insurance Commissioner to Visit Farmers Insurance Mobile Catastrophe Center Bus
BATON ROUGE, La.-(Business Wire)-September 3, 2008 - Louisiana Insurance Commissioner James Donelon will visit the Farmers Insurance Mobile Catastrophe Center (MCC) bus Wednesday, September 3 at 12:00 PM. Donelon will tour the state-of-the-art bus and meet with Farmers' customers who have been...
CUSO Financial Services Growing, Seeks Accomplished Investment Advisors and Sales Associates
SAN DIEGO-(Business Wire)-September 3, 2008 - At a time when many companies are cutting costs by reducing staffs, freezing new hires, and eliminating departments, CUSO Financial Services, LP, (CFS), a full-service broker dealer and Registered Investment Adviser that provides customized investment...
ACA Financial Guaranty Corporation Reorganizes
NEW YORK-(Business Wire)-September 3, 2008 - ACA Financial Guaranty Corporation ("ACA") announced its reorganization with a new Board of Directors and CEO in connection with a complete restructuring of its balance sheet and obligations. Willis King, Executive Chairman of First Protective Insurance...
As Employers and Insurers Seek Solutions to Contain Healthcare Costs, Premiums, Deductibles and Co-pays to Increase
SAN FRANCISCO & ST. LOUIS-(Business Wire)-September 3, 2008 - The Zitter Group (TZG; www.zitter.com), the leading developer of strategic solutions for managed markets and The Center for Health Value Innovation (www.vbhealth.org), the nation's premier organization dedicated to establishing...
Mutual Credit Corporation (MCC) Announces Favorable Resolution of Orange County, California Litigation Involving Its Non-Recourse Premium Financing Business
IRVINE, Calif.-(Business Wire)-September 3, 2008 - Mutual Credit Corporation (MCC), its President Anthony Jacobson, and its affiliates today announced a favorable resolution of litigation with two of MCC's borrowers under its non-recourse premium financing plan, Donald Kueltzo and Harry L. Jenkins...
The New Productivity Gap?
BLOOMFIELD, Conn.-(Business Wire)-September 3, 2008 - A recent CIGNA survey, conducted as part of the company's ongoing research into health and well-being in America, reveals that many U.S. workers say that health and personal matters often keep them from being fully focused while on the job.(1) In...
Capital Funding Available to Smaller Health Care Organizations in California's Rural and Underserved Communities
CYPRESS, Calif.-(Business Wire)-September 3, 2008 - UnitedHealth Group (NYSE: UNH) and its PacifiCare of California subsidiary are providing easier access to capital financing for smaller health care organizations that provide vital health care services to underserved, low-income and underinsured...
Imperial Finance & Trading, LLC Continues to Expand
BOCA RATON, Fla.-(Business Wire)-September 3, 2008 - Imperial Finance and Trading, LLC, a leader in premium finance for life insurance, life insurance sales and structured settlements, is pleased to announce expansion of the company's office space. The organization will be taking over an...
Travelers Inland Announces New Green Building Additional Coverage
HARTFORD, Conn.-(Business Wire)-September 3, 2008 - The U.S. Green Building Council reports that by 2010, the value of green building construction is projected to increase to $60 billion, with approximately 10 percent of new commercial construction starts expected to be green. Delivering on the...
UnitedHealth Group Takes Immediate Action to Help Gulf State Residents in Anticipation of Gustav
NEW ORLEANS-(Business Wire)-September 3, 2008 - Responding to the prospect of Hurricane Gustav hitting Louisiana, OptumHealth, the health and wellness business of UnitedHealth Group, has made available a free help line to all people in the Gulf States. Staffed by experienced masters-level behavioral...
The Nolan Financial Group and McCamish Systems Extend Retirement Services Contract through 2013
ATLANTA-(Business Wire)-September 3, 2008 - McCamish Systems, LLC announced today a five-year renewal contract for its services to The Nolan Financial Group. Under the agreement, The Nolan Financial Group will continue to use McCamish's recordkeeping platform, VPAS(R) Benefit Plan Administration...
New Bloom Group Book Provides 10-Year Compendium of Articles on How Professional Services Firms Can Compete on "Thought Leadership"
HOPKINTON, Mass. & CLEVELAND-(Business Wire)-September 3, 2008 - Since 1998, The Bloom Group LLC has published some of the most widely read articles in the professional services industry about competing on the basis of "thought leadership." In August, the consulting and marketing services firm...
Insurance.com Announces Appointment of Steve Chiles as Chief Marketing Officer
SOLON, Ohio-(Business Wire)-September 3, 2008 - Insurance.com, the leading online independent auto insurance agency in the United States, has announced that Steve Chiles has joined the company as Chief Marketing Officer. "We are pleased to welcome Steve to Insurance.com," said Dave Roush, CEO of...
AXIS Specialty Limited Approved to Open Singapore Branch
PEMBROKE, Bermuda-(Business Wire)-September 3, 2008 - AXIS Capital Holdings Limited ("AXIS Capital") (NYSE: AXS) today announced that AXIS Specialty Limited, its Bermuda operating subsidiary, has received regulatory approval from the Monetary Authority of Singapore to operate as a branch insurer...
Towers Perrin Experts Available to Speak to Business Impact of 2008 U.S. Hurricane Season
STAMFORD, Conn.-(Business Wire)-September 3, 2008 - As the 2008 U.S. hurricane season becomes more active, experts from Towers Perrin are available to discuss the forecasts and various implications for businesses. -0- *T Who: John DeMartini, senior vice president and catastrophe management...
CFO of Aspen Insurance Holdings Limited to Participate In Lehman Brothers Financial Services Conference
HAMILTON, Bermuda-(Business Wire)-September 3, 2008 - Aspen Insurance Holdings Limited (NYSE:AHL) today announced that Richard Houghton, Chief Financial Officer, is scheduled to present at the Lehman Brothers Financial Services Conference on Wednesday, September 10, 2008 at 8:15 a.m. (ET). The...
Eagle Roofing Products Earns Highest Rating For Impact Resistance
RIALTO, Calif.-(Business Wire)-September 3, 2008 - Eagle Roofing Products, a division of Burlingame Industries, is pleased to announce it has received the highest hail resistance certification from Architectural Testing, a nationally recognized independent testing company. In achieving the exemplary...
International Reinsurance Review 2008/09 Reveals Current Issues, Debates and Guidances for the Industry
DUBLIN, Ireland-(Business Wire)-September 3, 2008 - Research and Markets has announced the addition of the "International Reinsurance Review 2008/09" report to their offering. This fifth edition of the International Reinsurance Review 2008/09 brings together a compilation of informative aspects on...
California Dental Association turns to CastleBay Consulting for Core Insurance Software Selection
AUSTIN, Texas-(Business Wire)-September 3, 2008 - CastleBay Consulting Corporation, a consulting services firm specializing in providing high impact consulting services to the Property & Casualty insurance market, today announced that the California Dental Association (CDA) has retained...
CardioNet Announces Humana Upgrades CardioNet System to Covered Benefit Status
CONSHOHOCKEN, Pa.-(Business Wire)-September 3, 2008 - CardioNet, Inc. (NASDAQ:BEAT), a leading wireless medical technology company with an initial focus on the diagnosis and monitoring of cardiac arrhythmias, today announced that Humana, a large healthcare third-party payor, upgraded the CardioNet...
Primus Guaranty CEO to Present at the Lehman Brothers 2008 Global Financial Services Conference
HAMILTON, Bermuda-(Business Wire)-September 3, 2008 - Primus Guaranty, Ltd. (NYSE: PRS) has announced that Chief Executive Officer Thomas Jasper will make a presentation at the Lehman Brothers Global Financial Services Conference on Monday, September 8, 2008 at 4:45 p.m. ET. The conference is...
Acorda Therapeutics to Present at the Baird's 2008 Small Cap Health Care Conference
HAWTHORNE, N.Y.-(Business Wire)-September 3, 2008 - Acorda Therapeutics, Inc. (Nasdaq: ACOR) today announced that Tierney Saccavino, Vice President of Corporate Communications, will present a corporate overview at the upcoming Baird's Small Cap Health Care Conference on Wednesday, September 10, 2008...
G&A Partners Ranked Among Fastest-Growing Private Companies by Inc. Magazine
HOUSTON-(Business Wire)-September 3, 2008 - G&A Partners, a Houston-based outsourced human resource (HR) and administrative service provider, ranks once again among the Fastest-Growing Private Companies in America, according to Inc. Magazine. G&A Partners, which was consecutively ranked among the...
Intermap Technologies Teams with Leading Risk and Reinsurance Specialist to Provide Unprecedented Flood Model of France
DENVER & MUNICH, Germany-(Business Wire)-September 3, 2008 - Intermap Technologies(TM) today announced an agreement with Guy Carpenter & Company, LLC, the leading global risk and reinsurance specialist to their Instrat(R) unit with high-resolution digital elevation models. The models will...
Are Employees Savvy Healthcare Consumers? change:healthcare's New Index Has Answer
NASHVILLE, Tenn.-(Business Wire)-September 3, 2008 - Many companies measure healthy employees in terms of "lows." Low blood pressure. Low fat. Low cholesterol. Low medical claims. So add a new sign of good consumer health - a low Healthcare Consumerism Index(TM) (HCI). Just launched by healthcare...
Statement by Press Secretary Dana Perino
WASHINGTON-(Business Wire)-September 3, 2008 - The President today declared a major disaster exists in the State of Louisiana and ordered Federal aid to supplement State and local recovery efforts in the area struck by Hurricane Gustav on September 1, 2008, and continuing. The President's action...
The Amacore Group, Inc. Announces Management and Board of Directors Changes
LAKE MARY, Fla.-(Business Wire)-September 2, 2008 - The Amacore Group, Inc., (OTCBB:ACGI), a leader in providing health and health-related programs and other innovative and high-quality solutions through its unique multi-channel distribution system, today announced a number of management and Board...
PAULA Financial Declares Special Cash Dividend
PASADENA, Calif.-(Business Wire)-September 2, 2008 - PAULA Financial (Pink Sheets: PFCO) today announced that the Board of Directors has declared a special cash dividend in the amount of $1.52 per common share. The distribution will be paid to holders of record as of September 3, 2008 and will be...
Unitrin Announces Estimate of Losses from Hurricane Gustav
CHICAGO-(Business Wire)-September 2, 2008 - Unitrin, Inc. (NYSE:UTR) announced today that its preliminary estimate of losses related to Hurricane Gustav is a range of $10 to $15 million after tax. Unitrin stressed that this estimate is subject to change as claims continue to be reported and...
FMG Acquisition Corp. Commences Tender Offer; Announces Record Date and Date for Special Meeting of Shareholders to Complete Transaction with United Insurance Holdings, LC
FARMINGTON, Conn. & ST. PETERSBURG, Fla.-(Business Wire)-September 2, 2008 - FMG Acquisition Corp. (OTCBB: FMGQ; FMGQW; FMGQU) ("FMG" or the "Company") announced today that it has commenced its previously announced conditional tender offer to purchase up to 3,320,762 shares of its common stock...
USAA Responds to Hurricane Gustav Sept. 2, 2008
SAN ANTONIO-(Business Wire)-September 2, 2008 - USAA has initiated a broad range of efforts designed to help our members. 1. USAA Team Jumps in to Action to Help Members Recover — A team of 350 catastrophe adjusters and support personnel are headed to areas affected by Hurricane Gustav. The...
Allstate Advises Its Policyholders How to File Claims in the Wake of Hurricane Gustav
NORTHBROOK, Ill.-(Business Wire)-September 2, 2008 - Allstate (NYSE: ALL) today advised policyholders whose homes and cars have been damaged by Hurricane Gustav that claims can be filed by calling 1-800-54-STORM or visiting Allstate.com. In addition Allstate has dispatched Mobile Response Units...
Zurich offers information on worker safety in post-Gustav cleanup and recovery operations for business properties
SCHAUMBURG, Ill.-(Business Wire)-September 2, 2008 - Zurich, a leading property and casualty insurance provider in North America and globally, today offered information to business owners and managers about specific steps they can take to ensure their workers are safe during cleanup and recovery...
Centene Corporation Appoints Donald G. Imholz as Senior Vice President and Chief Information Officer
ST. LOUIS-(Business Wire)-September 2, 2008 - Centene Corporation (NYSE: CNC) today announced that Donald G. Imholz has been appointed Senior Vice President and Chief Information Officer, effective immediately. Mr. Imholz will report directly to Michael F. Neidorff, Chairman and Chief Executive...
Hudson Insurance Group Announces the Formation of a Crop Insurance Unit
STAMFORD, Conn.-(Business Wire)-September 2, 2008 - Hudson Insurance Group ("Hudson"), the U.S. Insurance division of Odyssey Re Holdings Corp. (NYSE: ORH), today announced that it has purchased the assets pertaining to the crop insurance business of CropUSA Insurance Agency, Inc. ("CropUSA"). Since...
Zurich dispatches claims professionals to assist businesses impacted by Hurricane Gustav
SCHAUMBURG, Ill.-(Business Wire)-September 2, 2008 - Zurich, a leading property and casualty insurance provider in North America and globally, said today that insurance professionals were in place with more on the way to areas affected by Hurricane Gustav to assist customers in processing claims...
Ambac Releases Selected Monthly Data for July 2008
NEW YORK-(Business Wire)-September 2, 2008 - Ambac Financial Group, Inc. (NYSE: ABK) (Ambac) today released selected pre-tax financial data for the month of July, 2008. Ambac's impairment analysis is performed on a quarterly basis. As such, the monthly data does not reflect the results of the...
Ambac Financial Group Inc. Announces Regulatory Approval for Connie Lee Capital Contribution
NEW YORK-(Business Wire)-September 2, 2008 - Ambac Financial Group, Inc. (NYSE: ABK) Ambac Assurance Corporation (Ambac Assurance) today announced that it has received regulatory approval from the Commissioner of Insurance of the State of Wisconsin to capitalize and reactivate Connie Lee Insurance...
A.M. Best Special Report: Life Insurers Saw Modest Boost in 2007 Liquidity, Model Shows
OLDWICK, N.J.-(Business Wire)-September 2, 2008 - U.S. life insurers' liquidity improved slightly in 2007, based on results from A.M. Best Co.'s Liquidity Model (AMBLM). For 2007, the average short ratio was 215%, up from 213%, and the average long ratio was 161%, up from 160%. The slight increase...
Aetna Reminds Members Affected by Hurricane Gustav Where to Call for Help
HARTFORD, Conn.-(Business Wire)-September 2, 2008 - To help ensure access to health care, Aetna (NYSE: AET) announced it has temporarily modified medical, dental, long-term care, disability and life policies for members in Louisiana, Mississippi, Alabama and Texas affected by Hurricane Gustav. Aetna...
Endurance Worldwide Reinsurance Appoints Lauren Kent as Head of Reinsurance in London
PEMBROKE, Bermuda-(Business Wire)-September 2, 2008 - Endurance Specialty Holdings Ltd. (NYSE:ENH), a Bermuda-based specialty provider of property and casualty insurance and reinsurance, today announced the appointment of Lauren Kent as Senior Underwriting Manager and Head of Reinsurance for...
A.M. Best Special Report: U.S. Provider-Owned Health Plans: Overall, Gap Widens between Most and Least Integrated Plans
OLDWICK, N.J.-(Business Wire)-September 2, 2008 - A.M. Best Co.'s 2007 Notching Model study results show that total capital and surplus for the study's health plans increased 40% between 2004 and 2007, and 8% between 2006 and 2007. The notching model is based on five weighted criteria that...
Hilb Rogal & Hobbs Acquires G.A. Pearson and Associates Insurance Brokers, Inc.
RICHMOND, Va.-(Business Wire)-September 2, 2008 - Hilb Rogal & Hobbs Company (NYSE:HRH), one of the world's largest insurance and risk management intermediaries, announced that, effective as of September 1, 2008, it has acquired all the stock of G.A. Pearson and Associates Insurance Brokers...
WellCare Names Rex M. Adams Chief Operating Officer
TAMPA, Fla.-(Business Wire)-September 2, 2008 - WellCare Health Plans, Inc. (NYSE: WCG) today announced that Rex M. Adams has joined the Company as chief operating officer. In this newly created position, Mr. Adams will report directly to the president and chief executive officer and have...
Flagstone Re to Present at the 2008 Lehman Brothers Financial Services Conference
HAMILTON, Bermuda-(Business Wire)-September 2, 2008 - Flagstone Reinsurance Holdings Limited (NYSE:FSR) announced today that James O'Shaughnessy, the Company's Chief Financial Officer, will be presenting at the 2008 Lehman Brothers Financial Services Conference at the Hilton New York Hotel, New York...
A.M. Best: Gustav Alone Should Have a Minimal Impact on P/C Market Trends
OLDWICK, N.J.-(Business Wire)-September 2, 2008 - Despite estimates of $2 to $10 billion of insured losses, A.M. Best Co. does not expect the impact of Gustav alone to change the current competitive dynamics facing insurers and reinsurers. Although the losses are considerable in comparison to the...
Redwood Trust, Inc. Selects ePAM(R) for Securities
PRINCETON, N.J.-(Business Wire)-September 2, 2008 - Princeton Financial(R) Systems, a subsidiary of State Street Corporation and a leading provider of portfolio management and accounting solutions for global institutional investors, announced today that Redwood Trust, Inc., a Real Estate...
A.M. Best Affirms Ratings of Allianz S.p.A.
OLDWICK, N.J.-(Business Wire)-September 2, 2008 - A.M. Best Co. has affirmed the financial strength rating of A+ (Superior) and issuer credit rating of "aa" of Allianz S.p.A. (Italy). The outlook for both ratings is stable. The ratings reflect the enhancement received from the implicit support of...
CIGNA Encourages Consumers to Do Their Life Insurance Homework This Month
PHILADELPHIA-(Business Wire)-September 2, 2008 - Kids may be back in school this month, but they aren't the only ones who have homework to do. "When it comes to life insurance, everyone needs to do their homework and what better time than now to review," says Jim Jacobsen, vice president of...
CIGNA Offers Assistance in Louisiana to people Impacted by Hurricane Gustav
PHILADELPHIA-(Business Wire)-September 2, 2008 - CIGNA (NYSE:CI) announced today that it is temporarily lifting certain medical and pharmacy restrictions in order to aid Louisiana individuals impacted by Hurricane Gustav. People insured by CIGNA throughout the state of Louisiana can refill...
American Equity Appoints New Board Members
WEST DES MOINES, Iowa-(Business Wire)-September 2, 2008 - American Equity Investment Life Holding Company (NYSE: AEL), today announced the appointment of four new directors to its Board of Directors, including: Debra J. Richardson, Wendy L. Carlson, Joyce A. Chapman and Steven G. Chapman. With these...
Fiduciary360 Introduces Enhanced Web-Based Training Program for Accredited Investment Fiduciary (AIF) Designation
PITTSBURGH-(Business Wire)-September 2, 2008 - Fiduciary360 (fi360) announces its newly upgraded Web- based fiduciary training program that leads to the highly sought-after Accredited Investment Fiduciary(R)(AIF(R)) designation. This release features expanded content, a much greater opportunity...
Hope for the Best. Prepare for the Worst. Is Your Life Insurance Policy Adequate?
DES MOINES, Iowa-(Business Wire)-September 2, 2008 - Nearly half of U.S. employees and retirees are unsure of how they would cover expenses in the event of their death or that of a spouse. One quarter of those surveyed said they would rely on selling investments and withdrawal from personal and...
EQECAT Post-Landfall Estimates of Insured Onshore Losses from Hurricane Gustav
OAKLAND, Calif.-(Business Wire)-September 2, 2008 - EQECAT, Inc., the leading authority on extreme-risk modeling, Tuesday afternoon (Eastern Time) said, based upon current assessment reports of damage caused by Hurricane Gustav, and additional post-landfall data regarding the storm's...
Medtral New Zealand Addresses Surgical Risks by Providing Automatic Contingency Insurance for Its Patients
AUCKLAND, New Zealand-(Business Wire)-September 2, 2008 - Most medical travel agencies acknowledge the universal risk of surgery and the devastating effects a serious adverse event can have on a patient, but Medtral New Zealand, a health care organization based in New Zealand (www.medtral.com...
TelaDoc to Provide Advanced Patient Information Sharing and Consumer "House Calls" Using the Microsoft HealthVault Platform
DALLAS-(Business Wire)-September 2, 2008 - Consumers will have enhanced connectivity to medical information as well as unprecedented telephonic access to physicians as a result of the applications announced today between TelaDoc Medical Services (www.teladoc.com), a comprehensive service that...
A.M. Best Affirms Ratings of Luen Fung Hang Insurance Company Limited
OLDWICK, N.J.-(Business Wire)-September 2, 2008 - A.M. Best Co. has affirmed the financial strength rating of A- (Excellent) and the issuer credit rating of "a-" of Luen Fung Hang Insurance Company Limited (LFH) (Macau). The outlook for both ratings is stable The ratings reflect LFH's profitable...
Travelers Chairman and CEO Jay S. Fishman to Speak at Lehman Brothers Global Financial Services Conference
SAINT PAUL, Minn.-(Business Wire)-September 2, 2008 - Jay S. Fishman, chairman and chief executive officer of The Travelers Companies, Inc. (NYSE: TRV), is scheduled to speak at the Lehman Brothers Global Financial Services Conference on Wednesday, September 10, 2008 at 7:30am ET. The presentation...
"Pay-as-You-Drive" Insurance Can Provide Major Savings, Expert Says
GOLD RIVER, Calif.-(Business Wire)-September 2, 2008 - With gas prices through the roof and drivers seeking ways to drive less and save more, pay-as-you-drive car insurance is emerging as a prominent way consumers can cut car-related costs. Hussein Enan, chairman and CEO of the insurance...
AmeriHealth NJ Secures Naming Rights to New Jersey Devils' Practice Facility
ISELIN, N.J.-(Business Wire)-September 2, 2008 - AmeriHealth New Jersey, a health care insurance carrier based in Iselin and Mt. Laurel, N.J., has secured exclusive naming rights to the New Jersey Devils' practice facility, adjacent to the Devils' Prudential Center arena in Newark. As part of a...
Arch Capital Group Ltd. to Present at Lehman Brothers Global Financial Services Conference
HAMILTON, Bermuda-(Business Wire)-September 2, 2008 - Arch Capital Group Ltd. (Nasdaq: ACGL) today announced that John D. Vollaro, Executive Vice President and Chief Financial Officer of Arch Capital Group Ltd., is scheduled to present at the Lehman Brothers Global Financial Services Conference in...
The Principal Financial Group Helps Business Owners Prepare for the Unexpected
DES MOINES, Iowa-(Business Wire)-September 2, 2008 - The Principal(R) Women in Business Teleclass Series will feature Victoria Colligan, founder of Ladies Who Launch and co-author of Ladies Who Launch: Embracing Entrepreneurship and Creativity as a Lifestyle, September 30 at 12 p.m. (CT). The...
Max Capital Group Ltd. to Present at South America CEOs' Management Summit 2008
HAMILTON, Bermuda-(Business Wire)-September 2, 2008 - Max Capital Group Ltd. (NASDAQ: MXGL; BSX: MXGL BH) announced today that W. Marston (Marty) Becker, Chairman and Chief Executive Officer, will participate in the CEOs' Management Summit 2008 being held at CasaPiedra, Santiago, Chile on...
The Entrepreneur's Source(R) Selected as One of "The Top 25 Most Affordable Franchises" by Black Enterprise Magazine
SOUTHBURY, Conn.-(Business Wire)-September 2, 2008 - The Entrepreneur's Source Business Coaching organization (www.EsourceCoach.com) is being honored once again by another highly-regarded business magazine, Black Enterprise, as one of the "Top 25 Most Affordable Franchises." Black Enterprise...
Innovation Group Extends American Modern Partnership
HARTFORD, Conn.-(Business Wire)-September 2, 2008 - Innovation Group (LSE:TIG), a global provider of enterprise software and BPO solutions to the property and casualty insurance industry, announces they have finalized an application support and maintenance contract with American Modern Insurance...
DocSite Patient Registry Makes 2008 Medicare PQRI Bonus a Two-Day Project
RALEIGH, N.C.-(Business Wire)-September 2, 2008 - DocSite(R) (www.docsite.com), the leader in patient registries and point-of-care decision support services to the healthcare market, today announced the availability of DocSite PQRI(TM). This innovative product simplifies physician reporting under...
GEICO to sponsor a celebration of the arts at The Kreeger Museum on Sept. 7
WASHINGTON-(Business Wire)-September 2, 2008 - GEICO is sponsoring The Kreeger Museum's 2008 open house on Sunday, Sept. 7, from 11 a.m. to 4 p.m. The Kreeger Museum, located at 2401 Foxhall Road NW, Washington, D.C., showcases art from the 1850s to the 1970s and is comprised of the works from the...
Reinsurance Leader Munich American Re Appoints New Chief Underwriter
ATLANTA-(Business Wire)-September 2, 2008 - Munich American Reassurance Company, one of the leading life reinsurance companies in the United States, announced the appointment of Bill Moore as its chief underwriter with the title, Vice President - Underwriting and Medical. "Munich American is in...
Wharton Economist: Women at Greater Risk in Retirement Than Men
NEW YORK-(Business Wire)-September 2, 2008 - Women are not doing enough to prepare for their financial security in retirement and they may be making misguided investment decisions based on their unique circumstances, according to a new study by Wharton professor David F. Babbel and co-sponsored by...
RLI launches system letting producers issue personal umbrella policies online
PEORIA, ILL.-(Business Wire)-September 2, 2008 - RLI Corp. (NYSE:RLI) - RLI announces the launch of PUP Access, an online system that provides a comprehensive approach to quoting, binding, and issuing RLI personal umbrella policies. Additionally, PUP Access provides up-to-date management...
Navigators to Present at Sidoti & Company Institutional Investor Forum
NEW YORK-(Business Wire)-September 2, 2008 - The Navigators Group, Inc. (NASDAQ:NAVG) today announced that Stan Galanski, President and Chief Executive Officer, and Frank McDonnell, Senior Vice President and Chief Financial Officer, will present at the Sidoti & Company, LLC Seventh Annual West...
Unitrin Announces Agreement to Acquire Direct Response Corporation
CHICAGO-(Business Wire)-September 2, 2008 - Unitrin, Inc. (NYSE:UTR) announced today that its subsidiary, Trinity Universal Insurance Company ("Trinity"), has entered into a definitive agreement to acquire Direct Response Corporation and its subsidiaries ("Direct Response"). Trinity will acquire...
Humana Completes Acquisition of Metcare Health Plans, Inc.
LOUISVILLE, Ky.-(Business Wire)-September 2, 2008 - Humana Inc. (NYSE: HUM) today announced it has completed the purchase of Metcare Health Plans, Inc. ("MHP"), a wholly owned subsidiary of Metropolitan Health Networks, Inc. ("Metropolitan") (AMEX: MDF) - based in West Palm Beach, Florida - for...
14th Annual Search Under Way for Nation's Top Youth Volunteers
WASHINGTON-(Business Wire)-September 2, 2008 - Over the past 13 years, Prudential Spirit of Community Awards have been given to more than 80,000 middle and high school students across the country for helping the less fortunate, promoting health and safety, protecting the environment, and serving...
14th Annual Search Under Way for Maine's Top Youth Volunteers
AUGUSTA, Maine-(Business Wire)-September 2, 2008 - Over the past 13 years, Prudential Spirit of Community Awards have been given to more than 400 middle and high school students across Maine for helping the less fortunate, promoting health and safety, protecting the environment, and serving their...
14th Annual Search Under Way for New Hampshire's Top Youth Volunteers
CONCORD, N.H.-(Business Wire)-September 2, 2008 - Over the past 13 years, Prudential Spirit of Community Awards have been given to more than 400 middle and high school students across New Hampshire for helping the less fortunate, promoting health and safety, protecting the environment, and serving...
14th Annual Search Under Way for Vermont's Top Youth Volunteers
MONTPELIER, Vt.-(Business Wire)-September 2, 2008 - Over the past 13 years, Prudential Spirit of Community Awards have been given to more than 300 middle and high school students across Vermont for helping the less fortunate, promoting health and safety, protecting the environment, and serving their...
14th Annual Search Under Way for Massachusetts' Top Youth Volunteers
BOSTON-(Business Wire)-September 2, 2008 - Over the past 13 years, Prudential Spirit of Community Awards have been given to more than 1,400 middle and high school students across Massachusetts for helping the less fortunate, promoting health and safety, protecting the environment, and serving...
14th Annual Search Under Way for Rhode Island's Top Youth Volunteers
PROVIDENCE, R.I.-(Business Wire)-September 2, 2008 - Over the past 13 years, Prudential Spirit of Community Awards have been given to nearly 400 middle and high school students across Rhode Island for helping the less fortunate, promoting health and safety, protecting the environment, and serving...
14th Annual Search Under Way for Connecticut's Top Youth Volunteers
HARTFORD, Conn.-(Business Wire)-September 2, 2008 - Over the past 13 years, Prudential Spirit of Community Awards have been given to nearly 1,300 middle and high school students across Connecticut for helping the less fortunate, promoting health and safety, protecting the environment, and serving...
14th Annual Search Under Way for New York State's Top Youth Volunteers
ALBANY, N.Y.-(Business Wire)-September 2, 2008 - Over the past 13 years, Prudential Spirit of Community Awards have been given to more than 5,400 middle and high school students across New York state for helping the less fortunate, promoting health and safety, protecting the environment, and serving...
14th Annual Search Under Way for New Jersey's Top Youth Volunteers
TRENTON, N.J.-(Business Wire)-September 2, 2008 - Over the past 13 years, Prudential Spirit of Community Awards have been given to nearly 3,100 middle and high school students across New Jersey for helping the less fortunate, promoting health and safety, protecting the environment, and serving their...
14th Annual Search Under Way for Delaware's Top Youth Volunteers
DOVER, Del.-(Business Wire)-September 2, 2008 - Over the past 13 years, Prudential Spirit of Community Awards have been given to more than 360 middle and high school students across Delaware for helping the less fortunate, promoting health and safety, protecting the environment, and serving their...
14th Annual Search Under Way for Maryland's Top Youth Volunteers
ANNAPOLIS, Md.-(Business Wire)-September 2, 2008 - Over the past 13 years, Prudential Spirit of Community Awards have been given to more than 1,600 middle and high school students across Maryland for helping the less fortunate, promoting health and safety, protecting the environment, and serving...
14th Annual Search Under Way for the District of Columbia's Top Youth Volunteers
WASHINGTON-(Business Wire)-September 2, 2008 - Over the past 13 years, Prudential Spirit of Community Awards have been given to more than 130 middle and high school students in the District of Columbia for helping the less fortunate, promoting health and safety, protecting the environment, and...
14th Annual Search Under Way for Virginia's Top Youth Volunteers
RICHMOND, Va.-(Business Wire)-September 2, 2008 - Over the past 13 years, Prudential Spirit of Community Awards have been given to more than 2,100 middle and high school students across Virginia for helping the less fortunate, promoting health and safety, protecting the environment, and serving...
14th Annual Search Under Way for North Carolina's Top Youth Volunteers
RALEIGH, N.C.-(Business Wire)-September 2, 2008 - Over the past 13 years, Prudential Spirit of Community Awards have been given to more than 2,200 middle and high school students across North Carolina for helping the less fortunate, promoting health and safety, protecting the environment, and...
14th Annual Search Under Way for South Carolina's Top Youth Volunteers
COLUMBIA, S.C.-(Business Wire)-September 2, 2008 - Over the past 13 years, Prudential Spirit of Community Awards have been given to more than 1,100 middle and high school students across South Carolina for helping the less fortunate, promoting health and safety, protecting the environment, and...
14th Annual Search Under Way for Georgia's Top Youth Volunteers
ATLANTA-(Business Wire)-September 2, 2008 - Over the past 13 years, Prudential Spirit of Community Awards have been given to more than 2,000 middle and high school students across Georgia for helping the less fortunate, promoting health and safety, protecting the environment, and serving their...
14th Annual Search Under Way for Florida's Top Youth Volunteers
TALLAHASSEE, Fla.-(Business Wire)-September 2, 2008 - Over the past 13 years, Prudential Spirit of Community Awards have been given to more than 4,600 middle and high school students across Florida for helping the less fortunate, promoting health and safety, protecting the environment, and serving...
14th Annual Search Under Way for Pennsylvania's Top Youth Volunteers
HARRISBURG, Pa.-(Business Wire)-September 2, 2008 - Over the past 13 years, Prudential Spirit of Community Awards have been given to more than 3,600 middle and high school students across Pennsylvania for helping the less fortunate, promoting health and safety, protecting the environment, and...
14th Annual Search Under Way for West Virginia's Top Youth Volunteers
CHARLESTON, W.Va.-(Business Wire)-September 2, 2008 - Over the past 13 years, Prudential Spirit of Community Awards have been given to more than 700 middle and high school students across West Virginia for helping the less fortunate, promoting health and safety, protecting the environment, and...
14th Annual Search Under Way for Ohio's Top Youth Volunteers
COLUMBUS, Ohio-(Business Wire)-September 2, 2008 - Over the past 13 years, Prudential Spirit of Community Awards have been given to nearly 3,100 middle and high school students across Ohio for helping the less fortunate, promoting health and safety, protecting the environment, and serving their...
14th Annual Search Under Way for Michigan's Top Youth Volunteers
LANSING, Mich.-(Business Wire)-September 2, 2008 - Over the past 13 years, Prudential Spirit of Community Awards have been given to nearly 2,500 middle and high school students across Michigan for helping the less fortunate, promoting health and safety, protecting the environment, and serving...
14th Annual Search Under Way for Indiana's Top Youth Volunteers
INDIANAPOLIS-(Business Wire)-September 2, 2008 - Over the past 13 years, Prudential Spirit of Community Awards have been given to more than 2,000 middle and high school students across Indiana for helping the less fortunate, promoting health and safety, protecting the environment, and serving...
14th Annual Search Under Way for Kentucky's Top Youth Volunteers
FRANKFORT, Ky.-(Business Wire)-September 2, 2008 - Over the past 13 years, Prudential Spirit of Community Awards have been given to nearly 1,200 middle and high school students across Kentucky for helping the less fortunate, promoting health and safety, protecting the environment, and serving...
14th Annual Search Under Way for Tennessee's Top Youth Volunteers
NASHVILLE, Tenn.-(Business Wire)-September 2, 2008 - Over the past 13 years, Prudential Spirit of Community Awards have been given to more than 1,700 middle and high school students across Tennessee for helping the less fortunate, promoting health and safety, protecting the environment, and...
14th Annual Search Under Way for Alabama's Top Youth Volunteers
MONTGOMERY, Ala.-(Business Wire)-September 2, 2008 - Over the past 13 years, Prudential Spirit of Community Awards have been given to more than 1,300 middle and high school students across Alabama for helping the less fortunate, promoting health and safety, protecting the environment, and serving...
14th Annual Search Under Way for Mississippi's Top Youth Volunteers
JACKSON, Miss.-(Business Wire)-September 2, 2008 - Over the past 13 years, Prudential Spirit of Community Awards have been given to more than 900 middle and high school students across Mississippi for helping the less fortunate, promoting health and safety, protecting the environment, and serving...
14th Annual Search Under Way for Illinois' Top Youth Volunteers
SPRINGFIELD, Ill.-(Business Wire)-September 2, 2008 - Over the past 13 years, Prudential Spirit of Community Awards have been given to nearly 3,000 middle and high school students across Illinois for helping the less fortunate, promoting health and safety, protecting the environment, and serving...
14th Annual Search Under Way for Wisconsin's Top Youth Volunteers
MADISON, Wis.-(Business Wire)-September 2, 2008 - Over the past 13 years, Prudential Spirit of Community Awards have been given to more than 1,700 middle and high school students across Wisconsin for helping the less fortunate, promoting health and safety, protecting the environment, and serving...
14th Annual Search Under Way for Minnesota's Top Youth Volunteers
ST. PAUL, Minn.-(Business Wire)-September 2, 2008 - Over the past 13 years, Prudential Spirit of Community Awards have been given to more than 1,600 middle and high school students across Minnesota for helping the less fortunate, promoting health and safety, protecting the environment, and serving...
14th Annual Search Under Way for Iowa's Top Youth Volunteers
DES MOINES, Iowa-(Business Wire)-September 2, 2008 - Over the past 13 years, Prudential Spirit of Community Awards have been given to more than 1,100 middle and high school students across Iowa for helping the less fortunate, promoting health and safety, protecting the environment, and serving their...
14th Annual Search Under Way for Missouri's Top Youth Volunteers
JEFFERSON CITY, Mo.-(Business Wire)-September 2, 2008 - Over the past 13 years, Prudential Spirit of Community Awards have been given to more than 1,800 middle and high school students across Missouri for helping the less fortunate, promoting health and safety, protecting the environment, and...
14th Annual Search Under Way for Arkansas' Top Youth Volunteers
LITTLE ROCK, Ark.-(Business Wire)-September 2, 2008 - Over the past 13 years, Prudential Spirit of Community Awards have been given to more than 800 middle and high school students across Arkansas for helping the less fortunate, promoting health and safety, protecting the environment, and serving...
14th Annual Search Under Way for Louisiana's Top Youth Volunteers
BATON ROUGE, La.-(Business Wire)-September 2, 2008 - Over the past 13 years, Prudential Spirit of Community Awards have been given to more than 1,100 middle and high school students across Louisiana for helping the less fortunate, promoting health and safety, protecting the environment, and...
14th Annual Search Under Way for North Dakota's Top Youth Volunteers
BISMARCK, N.D.-(Business Wire)-September 2, 2008 - Over the past 13 years, Prudential Spirit of Community Awards have been given to more than 400 middle and high school students across North Dakota for helping the less fortunate, promoting health and safety, protecting the environment, and serving...
14th Annual Search Under Way for South Dakota's Top Youth Volunteers
PIERRE, S.D.-(Business Wire)-September 2, 2008 - Over the past 13 years, Prudential Spirit of Community Awards have been given to nearly 600 middle and high school students across South Dakota for helping the less fortunate, promoting health and safety, protecting the environment, and serving...
14th Annual Search Under Way for Nebraska's Top Youth Volunteers
LINCOLN, Neb.-(Business Wire)-September 2, 2008 - Over the past 13 years, Prudential Spirit of Community Awards have been given to nearly 1,200 middle and high school students across Nebraska for helping the less fortunate, promoting health and safety, protecting the environment, and serving their...
14th Annual Search Under Way for Kansas' Top Youth Volunteers
TOPEKA, Kan.-(Business Wire)-September 2, 2008 - Over the past 13 years, Prudential Spirit of Community Awards have been given to more than 1,200 middle and high school students across Kansas for helping the less fortunate, promoting health and safety, protecting the environment, and serving their...
14th Annual Search Under Way for Oklahoma's Top Youth Volunteers
OKLAHOMA CITY, Okla.-(Business Wire)-September 2, 2008 - Over the past 13 years, Prudential Spirit of Community Awards have been given to more than 1,300 middle and high school students across Oklahoma for helping the less fortunate, promoting health and safety, protecting the environment, and...
14th Annual Search Under Way for Texas' Top Youth Volunteers
AUSTIN, Texas-(Business Wire)-September 2, 2008 - Over the past 13 years, Prudential Spirit of Community Awards have been given to nearly 5,500 middle and high school students across Texas for helping the less fortunate, promoting health and safety, protecting the environment, and serving their...
14th Annual Search Under Way for Montana's Top Youth Volunteers
HELENA, Mont.-(Business Wire)-September 2, 2008 - Over the past 13 years, Prudential Spirit of Community Awards have been given to more than 600 middle and high school students across Montana for helping the less fortunate, promoting health and safety, protecting the environment, and serving their...
14th Annual Search Under Way for Wyoming's Top Youth Volunteers
CHEYENNE, Wyo.-(Business Wire)-September 2, 2008 - Over the past 13 years, Prudential Spirit of Community Awards have been given to nearly 300 middle and high school students across Wyoming for helping the less fortunate, promoting health and safety, protecting the environment, and serving their...
14th Annual Search Under Way for Colorado's Top Youth Volunteers
DENVER-(Business Wire)-September 2, 2008 - Over the past 13 years, Prudential Spirit of Community Awards have been given to nearly 1,400 middle and high school students across Colorado for helping the less fortunate, promoting health and safety, protecting the environment, and serving their...
14th Annual Search Under Way for New Mexico's Top Youth Volunteers
SANTA FE, N.M.-(Business Wire)-September 2, 2008 - Over the past 13 years, Prudential Spirit of Community Awards have been given to more than 400 middle and high school students across New Mexico for helping the less fortunate, promoting health and safety, protecting the environment, and serving...
14th Annual Search Under Way for Idaho's Top Youth Volunteers
BOISE, Idaho-(Business Wire)-September 2, 2008 - Over the past 13 years, Prudential Spirit of Community Awards have been given to more than 600 middle and high school students across Idaho for helping the less fortunate, promoting health and safety, protecting the environment, and serving their...
14th Annual Search Under Way for Utah's Top Youth Volunteers
SALT LAKE CITY-(Business Wire)-September 2, 2008 - Over the past 13 years, Prudential Spirit of Community Awards have been given to more than 800 middle and high school students across Utah for helping the less fortunate, promoting health and safety, protecting the environment, and serving their...
14th Annual Search Under Way for Arizona's Top Youth Volunteers
PHOENIX-(Business Wire)-September 2, 2008 - Over the past 13 years, Prudential Spirit of Community Awards have been given to nearly 1,500 middle and high school students across Arizona for helping the less fortunate, promoting health and safety, protecting the environment, and serving their...
14th Annual Search Under Way for Nevada's Top Youth Volunteers
CARSON CITY, Nev.-(Business Wire)-September 2, 2008 - Over the past 13 years, Prudential Spirit of Community Awards have been given to more than 500 middle and high school students across Nevada for helping the less fortunate, promoting health and safety, protecting the environment, and serving...
14th Annual Search Under Way for Washington's Top Youth Volunteers
OLYMPIA, Wash.-(Business Wire)-September 2, 2008 - Over the past 13 years, Prudential Spirit of Community Awards have been given to more than 1,900 middle and high school students across Washington for helping the less fortunate, promoting health and safety, protecting the environment, and serving...
14th Annual Search Under Way for Oregon's Top Youth Volunteers
SALEM, Ore.-(Business Wire)-September 2, 2008 - Over the past 13 years, Prudential Spirit of Community Awards have been given to nearly 1,100 middle and high school students across Oregon for helping the less fortunate, promoting health and safety, protecting the environment, and serving their...
14th Annual Search Under Way for California's Top Youth Volunteers
SACRAMENTO, Calif.-(Business Wire)-September 2, 2008 - Over the past 13 years, Prudential Spirit of Community Awards have been given to more than 6,300 middle and high school students across California for helping the less fortunate, promoting health and safety, protecting the environment, and...
14th Annual Search Under Way for Alaska's Top Youth Volunteers
JUNEAU, Alaska-(Business Wire)-September 2, 2008 - Over the past 13 years, Prudential Spirit of Community Awards have been given to more than 400 middle and high school students across Alaska for helping the less fortunate, promoting health and safety, protecting the environment, and serving their...
14th Annual Search Under Way for Hawaii's Top Youth Volunteers
HONOLULU-(Business Wire)-September 2, 2008 - Over the past 13 years, Prudential Spirit of Community Awards have been given to more than 350 middle and high school students across Hawaii for helping the less fortunate, promoting health and safety, protecting the environment, and serving their...
WebCE(R) Releases Texas-Specific Long Term Care Partnership Training Course
DALLAS-(Business Wire)-September 2, 2008 - WebCE, a nationwide provider of continuing education for insurance professionals, announced the release of a new state-approved training course titled Long-Term Care: Programs, Policies, and Partnerships. This course enables Texas producers to obtain...
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