Health Management Corporation (HMC), a wholly owned subsidiary of WellPoint, Inc. and the USA Swimming Foundation recently presented a weekend in New York to promote water safety and the health and fitness benefits of physical activity through sports programs such as swimming.
The USA Swimming Foundation’s Make a Splash program is a national, child- focused water [...]

Renasant Corporation announced that it will not apply to participate in the U.S. Treasury Department’s Capital Purchase Program (“CPP”), which is part of the federal government’s Troubled Assets Relief Program.
“Our Board of Directors and senior management team have extensively analyzed the terms and conditions of the Capital Purchase Program over the past weeks. After [...]

W. R. Berkley Corporation announced that it has signed a letter of intent to acquire Oslo, Norway-based NEMI Forsikring ASA, which focuses on specialty lines of insurance. Terms of the letter of intent were not disclosed and any agreed-upon transaction would be subject to the completion of final due diligence, execution of a definitive [...]

Southern Community Financial Corporation, announces that Matthew G. Gallins has been named Lead Director.
The independent directors of Southern Community Financial Corporation elected Matthew G. Gallins to be the Lead Director of the independent directors. As Lead Director, Mr. Gallins will be chair of the regular and called meetings of the independent directors. He will also [...]

Sterling Financial Corporation, a leading community bank in the western region, announced that it will participate in the Federal Deposit Insurance Corporation’s (FDIC’s) voluntary expanded insurance program, which provides, without charge to depositors, full guarantee on all non-interest bearing transaction accounts held by any depositor, regardless of dollar amount, through December?31,?2009.
“The FDIC’s effort to increase [...]

Wyncrest Group, Inc. announces acquisition of Offshore Catastrophic Corporation license with plans to provide limited Storm insurance. In an effort to extend the range of it’s Offshore Catastrophic Insurance Division, the company has engaged in the assessment of insurance to homeowners who have been denied by domestic insurers who will no longer take the risk [...]

Torchmark Corporation announced that its Board of Directors has declared a quarterly dividend of US$.14 per share on all of the outstanding common stock of the Company held of record as of the close of business of the Company’s transfer agent on January 2, 2009. The dividend will be paid on January 30, 2009.
Also, [...]

Financial Guaranty Insurance Company (FGIC) and parent company FGIC Corporation today announced that John S. Dubel is expected to be appointed Chief Executive Officer (CEO) at the next meeting of the Board of Directors, replacing Frank J. Bivona whose contract is expiring at the end of the year. Mr. Bivona has been CEO since December [...]

A.M. Best Co. has affirmed the financial strength rating of A (Excellent) and the issuer credit rating of “a” of Sirius International Insurance Corporation (Sirius) (Sweden). The outlook on both ratings remains stable.
The ratings reflect Sirius’ strong risk-adjusted capitalisation, very good operating performance despite low investment income and very good business profile in Scandinavia.
A.M. Best [...]

CIGNA Corporation today reaffirms that the company’s capitalization remains strong and well in excess of regulatory requirements.
The company also stated that it currently has no need or intention to issue equity.
In addition, the company does not expect to issue additional long-term debt in 2008 under the current conditions, and would only do so if credit [...]