3 Ethical Standards Of Insurance Company

Protective Life Insurance Company Renews Qualification in IMSA, Ethical Standards Organization

October 30th, 2008

Protective Life Insurance Company has qualified to renew its membership in the Insurance Marketplace Standards Association (IMSA), the premier standards-setting organization for the life insurance marketplace.
IMSA President & CEO Brian Atchinson congratulated Protective Life Insurance Company for completing the rigorous, independent review of its marketing, sales and compliance practices required every three years to qualify [...]

Firemans Fund Insurance Company Offers the First Payment Card Security Insurance for Retailers

January 7th, 2009

Fireman’s Fund Insurance Company is introducing the first coverage for retailers that experience a breach of their payment card security system. A single breach of a payment card security system could cost tens of thousands of dollars in penalties and extra expenses.
While most retailers, merchants, and service providers including restaurants are aware of the risks [...]

Insurance Marketplace Leaders Join IMSA Board

November 1st, 2008

The Insurance Marketplace Standards Association (IMSA) has approved a new Chairman of the Board and has elected its new Board of Directors, representing leaders from across the life insurance marketplace.
At its annual meeting, IMSA Board members confirmed Scott Curtis, Senior Vice President of Raymond James & Associates, as Chairman of the standards-setting organization.
“As the entire [...]

Fox Insurance Company Partners with Senior Financial Solutions (SFS) for EGWP Marketing to Employer Groups and Unions

July 8th, 2009

Fox Insurance Company (the Company), a New York-based Medicare Part D provider announced today that it has contracted with Senior Financial Solutions (SFS) to provide sales support for their new EGWP product (employer & union sponsored retiree benefits). This new alliance will provide Fox Insurance Company with additional independent representatives who will market Fox’s products [...]

Economic Crisis Impacts Massachusetts Fire Departments, According to a New National Survey Sponsored by Fireman’s Fund Insurance Company

June 9th, 2009

The current economic crisis is negatively impacting fire departments in the state of Massachusetts, according to a comprehensive national survey of firefighters from nearly 9,500 fire departments or 30 percent of departments in the country, including 195 fire departments in Massachusetts.
“Supporting Safer Communities: A National Fire Service Survey,” sponsored by Fireman’s Fund Insurance Company, found [...]

SafeAuto Insurance Modernizes Claims Communications with Thunderhead NOW

June 8th, 2009

Thunderhead, recognized innovators in document automation and multi-channel communications solutions, today announced that SafeAuto® Insurance Company has selected the Thunderhead NOW platform to streamline the creation and delivery of customer communications across the enterprise.
SafeAuto provides personal auto insurance on a consumer-direct basis exclusively through online and telephone distribution channels. The company specializes in providing low-cost, [...]

Kaplan Compliance Solutions Introduces Cost/Benefit Analysis Tool; Identifies $1 Million in Savings for Large Insurance Company

June 2nd, 2009

Kaplan Compliance Solutions a leading provider of services and technology solutions for the insurance and securities industries, introduced a new Cost/Benefit Analysis Tool designed to identify areas of compliance risk and unnecessary costs for insurance and securities organizations.
Kaplan Compliance Solutions recently completed a cost/benefit analysis for a large insurance company and found that the company [...]

Lincoln General Insurance Company run-off plan approved

May 30th, 2009

(TSX:KFS, NYSE:KFS) Kingsway Financial Services Inc. (”Kingsway”) announces that the Pennsylvania Insurance Department (the “Department”) has completed its review of a proposed RBC plan (the “Plan”) filed by Lincoln General Insurance Company (”Lincoln General”). The Department has determined that Lincoln General’s Plan is satisfactory and may be implemented immediately.
As previously announced, Lincoln General submitted its [...]

A.M. Best Upgrades Ratings of Springfield Insurance Company

May 28th, 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 Springfield Insurance Company (Springfield) (Covina, CA). The outlook for both ratings is stable.
These rating actions reflect Springfield’s sustained operating earnings in recent years, improved capitalization, conservative underwriting strategy, as well as [...]

FAHU’s Dave Gentry and Dale Maloney Participate in CFO’s Task Force

February 25th, 2009

The Florida Association of Health Underwriters (FAHU) was represented when CFO Alex Sink hosted an open forum regarding the Safeguard Our Seniors (SOS) Task Force last Friday at The Villages. FAHU President Dave Gentry, CFP, CSA, RHU, Fringe Benefit Plans, Inc., Winter Park, and Dale Maloney, LUTCF, CSA, Benefits Division, Inc. Maitland, both participated in [...]