Radian Group Inc. announced that its Board of Directors has adopted a Tax Benefit Preservation Plan designed to protect stockholder value by preserving important tax assets. The Tax Benefit Plan was adopted to reduce the likelihood that Radian’s use of its net operating losses, loss carryforwards and other tax assets (NOLs) would be substantially limited [...]
GlobalBridge,a Minneapolis-based provider of separately managed accounts for trust banks and wealth advisors, announced the selection of Pelorus Advisors as its exclusive provider of hedge fund operational due diligence.
Kelly Coughlin, CEO of GlobalBridge said, “Operational transparency and hedge funds are two terms we seldom see together. GlobalBridge has always insisted on full operations [...]
enkins Insurance Group, a Leavitt Group affiliated agency, is pleased to announce the hiring of Scott W. Reynolds as a Vice President. Scott will lead Jenkins’ new Energy Practice with a focus on the Renewable Energy industry.
Reynolds has been in the insurance industry for 28 years with extensive experience in the Energy field. He was [...]
After thorough review of multiple agency management platforms, AgencyWorks receives a formal endorsement from National Brokerage Consortium (NBC) as the common platform of choice for all NBC members.
According to NBC Secretary Pete Caneer, “In world, insurance companies are looking for efficiencies from the national marketing organizations (NMOs) they deal with. If an NMO adopts a [...]
The Allstate Corporation will conduct a conference call at 9 a.m. Eastern Time (ET) , Aug. 6, 2009 to discuss second quarter 2009 earnings. The company will issue a news release announcing results the day before on Wednesday, Aug. 5, 2009 at or after 4:05 p.m. ET. In addition, the company plans to file [...]
Health Net of the Northeast, Inc., a subsidiary of Health Net, Inc. announced that the National Committee for Quality Assurance (NCQA) has awarded an accreditation status of “Excellent” for service and clinical quality for Health Net of the Northeast’s commercial line of HMO and POS products in Connecticut, New Jersey and New York. The accreditation [...]
Eight members from St. Louis area Boys & Girls Clubs will experience a once-in-a-lifetime moment as they take to the field with eight of the biggest sluggers in Major League Baseball during the 2009 State Farm Home Run Derby on Monday, July 13 at Busch Stadium for a chance to win $50,000 for a teen [...]
Health Net Federal Services, LLC, the government operations division of Health Net, Inc. released the following statement today in response to the Department of Defense’s release of the TRICARE contract awards:
“Health Net Federal Services is disappointed not to be selected by TRICARE Management Activity (TMA) for the Managed Care Support Contractor in the TRICARE North [...]
ICW Group Insurance Companies, which partners with 3,800 agents and brokers across the United States, is now offering workers’ compensation insurance in the state of Illinois.
The super-regional carrier’s industry-leading claims services and forward-thinking risk management has helped thousands of companies create a safe and productive work environment, while lowering the costs associated with workers’ compensation [...]
First Horizon Msaver has received the 2009 Model Bank Award in Healthcare Banking from Celent, a Boston-based financial research and consulting firm.
First Horizon Msaver was named a model healthcare bank for its Employer Funding Portal, which is used by employers to deposit employee payroll deductions and employer contributions into individual health savings accounts (HSAs).
The [...]
