Depositary Share

Max Capital Group Dismisses Validus’s Second Amended Offer in Proposed Hostile Takeover of IPC Holdings

June 9th, 2009

Max Capital Group Ltd.commented on the second amended offer by Validus Holdings, Ltd. in Validus’s hostile takeover bid for IPC Holdings, Ltd. The latest by Validus fails once again to provide IPC shareholders with a financially attractive outcome. In addition, it offers no realistic path to complete a transaction. This change by Validus today of [...]

SOA Consortium Releases New Podcast Featuring JP Morgenthal on “Disassembling the SOA & BPM Relationship”

June 7th, 2009

The SOA Consortium™announced that a podcast and slide deck of the presentation by JP Morgenthal, EA, SOA, BPM & Cloud Computing Strategist on “Disassembling the SOA & BPM Relationship,” recorded at the March 2009 meeting of the SOA Consortium in Washington, D.C. are now available. To access the podcast, visit http://www.soa-consortium.org/pr-dc-jpm.
JP Morgenthal gave a provocative [...]

Eastern Insurance Holdings, Inc. Announces Quarterly Dividend

June 6th, 2009

Eastern Insurance Holdings, Inc the “Company”) announced that its board of directors has authorized a $0.07 per share quarterly cash dividend on its issued and outstanding shares of common stock, payable June 26, 2009 to shareholders of record at the close of business on June 12, 2009.
EIHI is the parent company of Eastern Life and [...]

Sun Life Financial Selects Stephen L. Deschenes to Lead U.S. Annuities Division

June 5th, 2009

The U.S. division of Sun Life Financial Inc announced that Stephen L. Deschenes has been named Senior Vice President and General Manager of its Annuities Division. In this role, Deschenes will oversee Sun Life’s annuity business line, working with the company’s marketing, actuarial and distribution units to build best practices and create a diversified portfolio [...]

Benefitfocus Technology Increases Enrollment Efficiency for Hawaii Medical Service Association

June 4th, 2009

Benefitfocus announced a 10-year agreement with Hawaii Medical Service Association (HMSA) for Benefitfocus eEnrollmentTM and Benefitfocus eExchangeTM solutions. HMSA will utilize the new technology to replace its current paper-based enrollment and data interchange between the employer and their members. As highly flexible systems, eEnrollment and eExchange will be configured to automatically enforce the unique business [...]

Anthem Blue Cross in California Provides More Members With Access to Comprehensive Transparency Tool

June 4th, 2009

Anthem Blue Cross announced today that its industry-leading transparency initiative will be available to members in the following counties in the state: Ventura, Santa Barbara, San Luis Obispo, Kern, Sacramento/Placer and Yolo counties, San Diego, Imperial County, Orange County, San Joaquin/Valley, North Coast/North state, South Bay/South Coast, San Bernardino and Riverside.
These 7.3 million new members [...]

INSURICA Insurance Management Network Chooses ProspX to Support New Unified Market Positioning

June 2nd, 2009

ProspX, Inc., the leader in on-demand sales collaboration and automation solutions for the commercial insurance industry, today announced that INSURICA Insurance Management Network, formerly North America Group, has selected the ProspX platform to further support the launch of its new branding and positioning campaign. By networking core industries and disciplines together and enabling easy collaboration [...]

Workscape/HCI Survey Shows Room for Improvement When It Comes to Supporting Documentation for Compensation Decisions

June 1st, 2009

Workscape, Inc., a leading provider of outsourced benefits and talent management solutions, and the Human Capital Institute (HCI), a professional association and think-tank advancing the science of strategic talent management, today unveiled details from their follow-up research into what the future might hold for executive and high performer compensation, including gaining insight into organizations’ current [...]

Britannia Members Back Super-Mutual Merger With The Co-operative Financial Services

May 30th, 2009

Britannia members overwhelmingly endorse plans to merge with The Co-operative Financial Services (CFS) to create new super-mutual.
New business will be the most diversified customer-owned enterprise in
UK financial services, providing ethical alternative to banks
– Strong strategic and cultural fit between the [...]

Hospital Car Parking Fees Top the List of Life’s Biggest Injustices

May 30th, 2009

Having to pay and display whilst visiting loved ones in hospital is life’s biggest injustice payment according to new research released by The Co-operative ISA’s.
Hospital parking charges head the top 20 of raw deals, with 1 in 6 (17 per cent) people citing fees for visiting sick friends and relatives as the thing they [...]