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 [...]

Independence Holding Company reported declaration of a semi-annual cash dividend of $0.025 per share of common stock, payable to stockholders of record on July 6, 2009, with a payment date of July 20, 2009.
IHC is a holding company principally engaged in the life and health insurance business and the acquisition of blocks of policies [...]

Aquiline Capital Partners LLC (“Aquiline”), a New York-based private equity firm investing in the financial services sector, today announced it has acquired Conning & Company (“Conning”), a leading global provider of expert solutions and services to the insurance market. The sale by Swiss Reinsurance Company Ltd. (“Swiss Re”), under undisclosed terms, will include Conning’s U.S. [...]

ACM Capital Partners, a national investment and advisory firm specializing in assisting middle-market companies in transition or distress, and Crestmark Bank, a nationally recognized provider of working capital solutions to small- and mid-sized businesses, today announced they have partnered to deliver a multi-million dollar asset-based loan for a struggling medical device company headquartered in California.
The [...]

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 [...]

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 [...]

Ethos Investigative Services, a St. Petersburg-based risk mitigation company, announced recently it will now conduct business under the name Ethos Risk Services.
The name modification is meant to more accurately represent the wide array of features that Ethos offers. The company boasts investigative services and field adjusting/subrogation divisions that together provide clients nationwide with dozens of [...]

(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 [...]

C.V. Starr & Company, a subsidiary of C. V. Starr & Co., Inc., is pleased to announce that it will begin offering its Resolute PortfolioSM products, designed specifically for Private and Public Companies as well as Not For Profit Organizations, through Starr Indemnity & Liability Company (Starr Indemnity) for business effective June 1, 2009 and [...]

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 [...]