Key Senate Democrats said on Thursday the cost of their plan to overhaul the U.S. healthcare system has dropped to $611 billion over a decade, a figure they hope will help draw wider bipartisan support in Congress.
Democratic Senators Edward Kennedy and Christopher Dodd, who are leading the Senate Health, Education Labor and Pension Committee’s efforts [...]
Farmers Insurance Group announced it has launched its latest Hispanic advertising campaign titled “Force Field” that includes TV, radio and rich media – all produced by U.S. Hispanic Agency of Record Accentmarketing.
Force Field’ is a visual representation of finding the right fit when it comes to providing individualized insurance coverage that’s right for each person,” [...]
Although President Obama has called for affordable, accessible, high-quality health care for all Americans, “There’s no guarantee the legislation will bridge the long term care gap,” says Denise Gott. “Only about 9 million Americans, a fraction of our 300 million plus, have long term care insurance. And among those at greatest risk, 45 and older, [...]
The Guardian Life Insurance Company of America (Guardian) announced that it has invested up to $154 million in the Beverly Hills, CA based company through three separate investments.
Guardian has agreed to invest up to $100 million of equity in Kennedy Wilson’s KW Property Fund III, a $1.25 billion real estate fund focusing on financially distressed [...]
Allied World Assurance Company (U.S.) Inc., a member company of Allied World Assurance Company Holdings, Ltd announced the launch of Executive Forcefield(TM), their Side ‘A’ Directors & Officers Excess and Lead Difference-in-Conditions (DIC) product.
This new product highlights Allied World’s ongoing commitment to providing its producing partners and clients with comprehensive, tailored products. The policy [...]
Dan Arvizu, Director of the U.S. Department of Energy’s National Renewable Energy Laboratory, has been elected to the board of directors of State Farm Mutual Automobile Insurance Co.
Arvizu succeeds Jerry Porras, Professor Emeritus at Stanford University’s Graduate School of Business. Porras is retiring from the board, which he joined in 1998.
Arvizu has headed NREL, the [...]
FUTURITY FIRST Insurance Group, a nationwide, independent career agency insurance organization launched in January 2008, has just reached the one-year mark, announced Edward Berube, President and CEO of FUTURITY FIRST.
FUTURITY FIRST is the first life insurance start-up in a decade to build a full-scale, national distribution organization funded exclusively with private equity capital. The organization, [...]
American International Group, Inc. (AIG) has named Monika M. Machon AIG Senior Vice President and Chief Investment Officer, responsible for insurance company portfolio management across all asset classes, succeeding Win J. Neuger. Mr. Neuger will continue as AIG Investments Chairman and Chief Executive Officer, while leading the management team of the external client asset management [...]
Surrey Bancorp announced that it has raised $2 million in capital as a result of its participation in the U.S. Treasury’s Capital Purchase Program of the Emergency Economic Stabilization Act of 2008.
The Company issued 2,000 shares of Surrey Bancorp preferred stock at a 5 percent annual dividend rate for the first five years, increasing to [...]
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 [...]
