StanCorp Financial Group, Inc.reported net income for the fourth quarter of 2008 of $0.49 per diluted share, compared to $1.21 per diluted share for the fourth quarter of 2007. Net income for the same periods was $24.0 million and $60.5 million, respectively. After-tax net capital losses were $35.0 million for the fourth quarter of 2008, [...]
CNinsure Inc. a leading independent insurance intermediary company operating in China, today announced preliminary financial information for the quarter ended December 31, 2008.
Despite the recent economic slowdown in China, the Company expects to report net revenue for the quarter in line with the previous guidance of between RMB235 million and RMB250 million. Gross margin will [...]
Kingsway Financial Services Inc (”Kingsway”) announced today that it has cancelled the special meeting of shareholders called for February 10, 2009 as a result of the settlement with Mr. Joseph Stilwell and his associates (the “Stilwell Group”) of the matters giving rise to the requisition for the meeting
The settlement involves the appointment to the Kingsway [...]
North Star Health announced that Ken Horowitz has joined the company as Chief Executive Officer. Mr. Horowitz brings to his position over 30 years as a technology industry veteran in a variety of senior leadership roles.
“Ken brings vast experience with early stage companies, and exemplary knowledge of channel strategy and execution. His consistent achievement [...]
Anthony Cuva has joined One Call Medical (OCM), the nation’s premiere leader in diagnostic testing for workers’ compensation, as the company’s Chief Information Officer.
“Tony’s solid background as an IT strategist and his ability to implement solutions in diverse technical environments is the expertise we need to continue One Call’s growth trajectory,” said Don Duford, President [...]
Health Net, Inc. announced that Jonathan H. Scheff, M.D., M.B.A., is returning to the company as chief medical officer, effective immediately. Scheff is responsible for medical management programs for all Health Net health plans and has direct authority over the company’s Health Care Quality, Medical Directors and Health Care Services.
We are delighted that Dr. Scheff [...]
eHealth, Inc. parent company of eHealthInsurance, announced that Scott C. Sanborn has been appointed as chief marketing and revenue officer. Mr. Sanborn will oversee all major marketing and demand-generation functions, including traditional and online marketing activities, partner management, public relations, customer care center operations, business analytics and product marketing. Mr. Sanborn starts today and will [...]
The U.S. division of Sun Life Financial Inc. announced that its Employee Benefits Group has appointed Christopher J. Quinn to Vice President and Chief Operating Officer and Drew J. Niziak to Executive Vice President and Director of Sales.
Mr. Quinn will be responsible for driving the broader group benefits business strategy for the Employee Benefits Group [...]
VIST Financial Corp. announced today that the US Treasury granted preliminary approval to VIST for $25 million in capital as part of the U.S. Treasury Department’s Capital Purchase Program.
“We believe that participation in the Capital Purchase Program, which is targeted to qualifying financial institutions, is in the best interest of our shareholders,” said Robert [...]
In response to Moody’s Investors Service’s (Moody’s) downgrade of bond insurer Financial Security Assurance Inc. (FSA) to Aa3 with developing outlook, Robert P. Cochran, chairman and chief executive officer of Financial Security Assurance Holdings (FSA Holdings or the Company) and Financial Security Assurance Inc. (FSA), said: “We disagree with Moody’s on a number of points [...]
