Commonwealth

Statewide Prescription Drug Card Launched in Kentucky

June 7th, 2009

A new statewide discount drug card program called the Kentucky Rx Card is being launched today. The program, which is free to all residents of the Commonwealth, will provide savings of up to 75% on prescription drugs (savings average roughly 30%). This program has no restrictions to membership, no income requirements, no age limitations and [...]

Fidelity National Financial, Inc. Announces Quarterly Cash Dividend of $0.15

February 4th, 2009

Fidelity National Financial, Inc a leading provider of title insurance, specialty insurance, claims management services and information services, announced that its Board of Directors has declared a quarterly cash dividend of $0.15 per share. The dividend will be payable March 31, 2009, to stockholders of record as of March 17, 2009.
Fidelity National Financial, Inc is [...]

Company Profile for First BanCorp

January 31st, 2009

First chartered in 1948, FirstBank was the first S&L institution established in Puerto Rico with a capital of $200,000.
Since its inception the bank played a fundamental role in improving the quality of life in Puerto Rico, by helping thousands of citizens to acquire their first home, thus enhancing their social and economic status.
It converted to [...]

Penn Treaty Insurance Subsidiaries Enter Rehabilitation

January 9th, 2009

Penn Treaty American Corporation announced that two of its insurance subsidiaries, Penn Treaty Network America (”PTNA”) and American Network Insurance Company (”ANIC”) entered rehabilitation under orders issued by the Pennsylvania Commonwealth Court, effective January 6, 2009.
Under the Orders, PTNA and ANIC are placed under the statutory control of the Pennsylvania Insurance Department. The Orders [...]

Fidelity National Financial, Inc. Opens New FNF 1031 Exchange Company Offices

January 7th, 2009

Fidelity National Financial, Inc. announced the expansion of FNF 1031 Exchange Company with the opening of offices in Chicago, New York and Boston. 1031 industry expert and attorney Scott Nathanson will manage the new offices, joined by 1031 veterans Anna Barsky in Chicago, Nicole De Santis and Mathew Narby in New York and Edward [...]

Blue Cross Blue Shield of Massachusetts Foundation Awards $635,000 in Grants to Promote the Health Interests of Uninsured and Low-Income Residents (Amherst, Boston, Fitchburg, Holyoke, Leominster, Shrewsbury, Springfield, Worcester)

January 7th, 2009

The Blue Cross Blue Shield of Massachusetts Foundation has awarded $635,000 in grants to 16 community organizations whose mission includes a focus on advocacy efforts to promote the health care interests of uninsured and low-income residents. The grants, which range from $25,000 to $50,000, will be used to fund core organizational operations.
“There is a strong [...]

Blue Cross Blue Shield of Massachusetts Foundation awards $1.195 million to organizations providing care to the uninsured

January 7th, 2009

The Blue Cross Blue Shield of Massachusetts Foundation has awarded $1.95 million in grants to 17 health care delivery organizations working to implement more cost-effective care for the uninsured through outreach and education, prevention, and medical management. The grants range from $55,000 to $95,000.
“State residents who remain uninsured despite the historic gains made under the [...]

Four New Quality Resource Guides Added to MetLifes Dental Continuing Education Program

January 7th, 2009

MetLife announced today that four quality resource guides have been added to its American Dental Association (ADA) and Academy of General Dentistry (AGD) recognized dental continuing education program. The new self-study courses focus on: 1) Adolescent Oral Health: Perspectives for Dental Practitioners, 2) Cosmetic Dentistry, 3) Digital Radiography (second edition), and 4) Restoration of the [...]

The Hanover Insurance Group Completes the Sale of Its Remaining Run-Off Life Insurance Business

January 2nd, 2009

The Hanover Insurance Group, Inc.reported today that it has completed the previously announced sale of its remaining run-off life insurance business, First Allmerica Financial Life Insurance Company (FAFLIC), to Commonwealth Annuity and Life Insurance Company, a Goldman Sachs company.
“We are very pleased to complete the divestiture of our run-off life business, concluding a process that [...]

Demotech, Inc. Downgrades Title Underwriters in LandAmerica Financial Group, Inc.

November 26th, 2008

Demotech, Inc. has downgraded the Financial Stability Ratings® assigned to the Title underwriters within LandAmerica Financial Group, Inc. Despite acceptable statutory insurance accounting financial statements, the downgrades were deemed necessary as a result of issues emanating at the holding company level.
Effective immediately, the following Financial Stability Ratings® are applicable to the Title insurance subsidiaries of [...]