Bank of Florida Corporation provided an update for the second quarter 2009. As part of an on-going initiative to support capital levels, insiders of Bank of Florida and other accredited investors placed an additional $4.1 million in the Company through the issuance of 165 units of convertible preferred stock and warrants at $25,000 per [...]
Bank of Florida Corporation (Nasdaq:BOFL – News) today provided an update for the second quarter 2009. As part of an on-going initiative to support capital levels, insiders of Bank of Florida and other accredited investors placed an additional $4.1 million in the Company through the issuance of 165 units of convertible preferred stock and warrants [...]
Bank of Florida Corporation provided an update for the second quarter 2009. As part of an on-going initiative to support capital levels, insiders of Bank of Florida and other accredited investors placed an additional $4.1 million in the Company through the issuance of 165 units of convertible preferred stock and warrants at $25,000 per unit. [...]
Conseco Life Insurance Company (Conseco Life) announced it has filed a Request for Hearing preserving its rights in response to the Florida Office of Insurance Regulation’s December 22, 2008 Order to Show Cause. The company and Florida also have agreed to enter discussions regarding issues related to a group of universal life insurance policies issued [...]
Concenex, a leading provider of call center solutions, announces the State of Florida, Department of Health has selected “Montage™”, the company’s unified customer interaction and communications platform.
The State of Florida, Department of Health mission is to promote, protect and improve the health of all people in Florida. When asked why they chose Concenex, Jose Valenzuela, [...]
Rockwood Programs has partnered with Modern Insurance to establish a new subsidiary company. The new enterprise – named Modern Insurance Consultants, LLC – will focus on its core expertise of Errors and Omissions (E&O) insurance for Insurance Agents, Insurance Companies, and Miscellaneous Professional Liability classes.
“We feel this new arrangement capitalizes on the unique strengths of [...]
As one of Governor Crist’s chosen health care insurers selected to participate in the Cover Florida plan, Blue Cross and Blue Shield of Florida (BCBSF) today launched its low-cost insurance plans available to uninsured Floridians. These plans are available to adults between the ages of 19 and 64 who have been without coverage for at [...]
Blue Cross and Blue Shield of Florida, Inc. (BCBSF) has completed its acquisition of Florida Health Care Plan, Inc. (FHCP) from Halifax Hospital Medical Center (HHMC). FHCP will operate as a community-based, locally-managed, HMO subsidiary of BCBSF, serving Volusia and Flagler counties.
FHCP is a successful, high quality, mixed staff-model health care plan with 53,000 members [...]
Aetna Inc. and the Aetna Foundation have presented a $50,000 grant to MicheLee Puppets Inc., providing support for a program that will bring information about the importance of nutrition and physical activity to Florida elementary school students during the 2008-2009 school year.
“Aetna is delighted to be part of this valuable program,” said Brian Pieninck, [...]
Based on the considerable credit market contraction and the uncertainty regarding the Florida Hurricane Catastrophe Fund’s (FHCF) ability to fund its claims-paying capacity, A.M. Best Co. has placed several insurers’ ratings under review with negative implications. (See below for a detailed listing of the companies and ratings.)
These rating actions are a follow-up to a press [...]
