Health Insurance

Kennedy, Dodd health plan cost drops to $611 bln

July 3rd, 2009

Key Senate Democrats said on Thursday the cost of their plan to overhaul the U.S. healthcare system has dropped to $611 billion over a decade, a figure they hope will help draw wider bipartisan support in Congress.
Democratic Senators Edward Kennedy and Christopher Dodd, who are leading the Senate Health, Education Labor and Pension Committee’s efforts [...]

VantisLife to Offer Life Insurance Products Through Astoria Federal Savings

July 3rd, 2009

VantisLife Insurance Company announced that Astoria Federal Savings, headquartered in Lake Success, NY, will now offer insurance products via the company’s award-winning online quote and submit system. The offering will be made through VantisLife’s New York Company, VantisLife Insurance Company of New York.
Astoria Federal has been serving the New York market with quality financial products [...]

Nationwide Financial® Unveils New YourLife® Survivorship Variable Universal Life Product

July 3rd, 2009

new economic reality means consumers can no longer rely on what’s worked for them in the past. And the ever-changing life insurance marketplace means financial professionals must find even more creative solutions to their clients’ needs.
To meet those needs, Nationwide Financial Services, Inc. launched the newest version of its YourLife® suite of life insurance products [...]

Central Valley Community Bank to Accept State of California Registered Warrants for a Limited Time

July 3rd, 2009

Daniel J. Doyle, President and Chief Executive Officer of Central Valley Community Bank (Bank), the sole subsidiary of Central Valley Community Bancorp nnounced the Bank will accept registered warrants issued by the State of California for a limited time.
Registered warrants will be accepted from existing customers beginning Thursday, July 2, 2009 through Friday, July 31, [...]

NYSE Corrects Web Notice Regarding AIG

July 2nd, 2009

the New York Stock Exchange erroneously posted on nyse.com a notice of suspension and delisting for American International Group, Inc. (AIG). AIG is not subject to suspension and delisting, and was not responsible for the error. The post was removed upon discovery. The
NYSE Euronext (NYX) is a leading global operator of financial markets and [...]

HealthSpring’s Andy Flatt Named Chairman of Nashville Technology Council

July 2nd, 2009

HealthSpring, Inc. announced that Andy Flatt, the Company’s Senior Vice President and Chief Information Officer, has begun a two-year term as the chairman of the Nashville Technology Council (NTC), an affiliate of the Nashville Area Chamber of Commerce. Since 1999, the NTC has been devoted to helping the Middle Tennessee technology community succeed.
As chairman, Mr. [...]

Flagstone Re Announces Superior offer for IPC Re

July 2nd, 2009

Flagstone Reinsurance Holdings Limited announced today that it has made an offer to the Board of IPC Re to acquire all of IPC’s outstanding shares. Flagstone’s offer is superior to the pending offer made by Validus on both a market value and tangible book value per share basis, and offers a superior value proposition [...]

Appeals Court OKs Multimillion-Dollar Judgment for Dallas Doctor

June 27th, 2009

A Dallas doctor who won an $8.6 million judgment against his employer two years ago won again Thursday, when an appellate court affirmed the judgment in his favor.
The Court of Appeals for the Fifth District of Texas at Dallas found in favor of Dr. Neal Fisher following a 2007 judgment against Pinnacle Anesthesia Consultants, P.A., [...]

CIGNA Joins Effort to Support Extreme Makeover: Home Edition Build in Connecticut

June 27th, 2009

The ABC-TV Extreme Makeover: Home Edition’s rebuilding of a home for a Suffield, Conn. family will bring community members together from across the state, united in the goal to help a family in need. Joining this effort is local health service company CIGNA, which will send volunteer employees for worksite cleanup on Monday, June 29, [...]

ISCS Announces Direct-to-Consumer Portal for Personal Auto Policy Quoting, Purchase & Issuance

June 26th, 2009

ISCS, a leading provider of P&C policy administration systems, is pleased to announce its new Web 2.0 state-of-the-art direct-to-consumer (DTC) personal auto policy quoting, purchase, and issuance product as an addition to the standard feature set of SurePower Innovation, the company’s comprehensive SOA insurance automation solution.
Property and casualty insurance companies need to automate critical business [...]