Paulson Said to Team With Insurer for Low-Tax Merger Fund
Billionaire John Paulson will offer a new fund designed to lower U.S. taxes for investors through insurer Philadelphia Financial Group Inc., said two people with direct knowledge of the matter. [...]
Tornadoes Touch Down in North Texas: AIR Worldwide
BOSTON, May 16, 2013 - The Storm Prediction Center (SPC) reported that three tornadoes touched down west of Dallas-Fort Worth Wednesday evening. [...]
Fatalities and Extensive Damage Reported in North Texas
At least six people were killed and more than 100 people injured in overnight thunderstorms in North Texas. Reports of softball size hail and as many as 10 tornadoes were reported. [...]
Watergate Journalist Joins Xchanging For Netsett US Launch
Legendary Washington Post journalist Bob Woodward took to the stage to face a grilling from executive director at Xchanging Insurance Services, Adrian Guttridge, as the service provider launched its financial settlement platform Netsett to the US market at the recent ACORD Loma conference in Las Vegas. [...]
HHS Secretary Sebelius announces Senate confirmation of Marilyn Tavenner
Nominee for Administrator of the Centers for Medicare & Medicaid Services, U.S. Department of Health and Human Services [...]
Hundreds Of E-mails Sent To DC City Council Urging Them Not To Shut Down City's Private Marketplace For Health Insurance
WASHINGTON, May 15, 2013 /PRNewswire/ -- Effort to stop DC from becoming the only jurisdiction in America where the outside market for health insurance would be shuttered - DC small businesses fear having a never been tried before government run insurance exchange as their only place to purchase health insurance. [...]
LIMRA: Companies Give New Emphasis to Deferred Income Annuities
A recent LIMRA study suggests a growing interest in deferred income annuities as nine companies (seven covered in the survey[1]) currently offer one and an additional eight companies are planning to introduce their own deferred income annuity (DIA). [...]
WTCI Expands Catastrophe Risk Modeling and Consulting Services
SAN FRANCISCO, May 15, 2013 /PRNewswire/ -- Wholesale Trading Co-Op Insurance Services, LLC (WTCI) has enhanced its Catastrophe Risk Modeling and Consulting Services. WTCI has added Risk Management Solutions catastrophe modeling software to the foundation of its risk modeling services and solutions. In addition, risk modeling professional Bruce Norris , a WTCI director, recently enhanced his personal consulting capabilities by earning the Certified Catastrophe Modeler (CCM) designation from the AIR Institute. [...]
Consumers Reminded of the Importance of Disability Insurance Coverage
HARRISBURG, Pa., May 15, 2013 /PRNewswire-USNewswire/ -- The Pennsylvania Insurance Department is reminding families that planning ahead can protect you financially in the event of a disability. [...]
Adminovate Named Insurance Networking News 2013 VIP Company to Watch
Company recognized for its life/annuity/health policy administration systems configurability via a graphical business-process modeling tool [...]
Strategic Issues Conference Visits Singapore
21st Annual LIMRA-LOMA Strategic Issues Conference in Singapore, June 19-21 [...]
U.S. Legal System Is Worlds Most Costly According to New Study
Additional Opinion Survey Shows Increasingly Abused Legal System Primarily Benefits Lawyers [...]
NICB: Questionable Claims in the United States
Referrals Rise 27 Percent Since 2010, Most from California [...]
Nurses: Hospital Price Gouging Driving Up Healthcare Costs, Self-Rationing, Medical Bankruptcies
WASHINGTON, May 15, 2013 /PRNewswire/ -- Skyrocketing hospital charges have become a major factor in driving up overall healthcare costs, and exaggerating a healthcare crisis nationally as increasing numbers of Americans are priced out of access to needed medical care or pushed into financial ruin or bankruptcy, say nurses. [...]
HealthSparq to Reveal New Healthcare Transparency Benchmark Study at AHIP Institute 2013
Learn how health insurers are planning for healthcare transparency [...]
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