Insurer

National Dental Insurer United Concordia Successfully Launches Real-Time Claims Processing with Tesia-PCI

February 18th, 2009

Tesia-PCI has successfully implemented and launched Real Time Claims processing capabilities with United Concordia Companies, Inc., a national dental insurer headquartered in Harrisburg, PA.
The implementation process took just over two months from plan to launch. Tesia-PCI’s 18 years of Real Time Claims experience and expertise helped United Concordia to avoid common Real Time Claims processing [...]

Highly Consolidated Insurer Segment Drives Rochester, N.Y., Healthcare Market

November 18th, 2008

HealthLeaders-InterStudy, a leading provider of managed care market intelligence, reports that while the Rochester, N.Y., MSA has historically experienced equitable cooperation between hospitals, physicians, health plans and the business community, recent collaboration has been driven by the dominance of two local insurers, which is increasing tensions between health plans and physician groups. According to the [...]

Reverse Mortgages – What are they? How do they work?

October 24th, 2009

A survey by the Urban Institute found that 1.9 million seniors found themselves having to choose between buying food and buying medicine. The survey was conducted in 1993—a time when the economy was booming! Due to the current economic woes, it is more difficult than ever for seniors to make it on their own.
“More and [...]

Allstate to Discuss Second Quarter 2009 Earnings With Investors

July 14th, 2009

The Allstate Corporation will conduct a conference call at 9 a.m. Eastern Time (ET) , Aug. 6, 2009 to discuss second quarter 2009 earnings. The company will issue a news release announcing results the day before on Wednesday, Aug. 5, 2009 at or after 4:05 p.m. ET. In addition, the company plans to file [...]

CS STARS Announces Strategic Alliance with Gould & Lamb to Deliver Solution for MMSEA Section 111 Mandatory Reporting

July 10th, 2009

CS STARS LLC, the industry’s leading provider of risk management technology, announced that it has formed a strategic alliance with Gould & Lamb, a nationally acclaimed provider of Medicare Secondary Payer (MSP) compliance services and Mandatory Insurer Reporting (MIR) compliance.
Through its strategic alliance with Gould & Lamb, CS STARS now offers an end-to-end solution for [...]

Travelers Broader Protection for Directors & Officers Is a Plus

July 8th, 2009

In unpredictable economic and financial environment, directors and officers, now more than ever, realize the need for personal asset protection. Travelers Bond & Financial Products introduces its enhanced Broad Form PLUS+SM Directors and Officers Liability policy. When other sources of indemnity are unavailable or unable to respond, this policy offers superior personal asset protection for [...]

Liberty Mutual Group Renews Sponsorship of Boston Pops Fourth of July Concert on the Esplanade

July 6th, 2009

Boston-based Liberty Mutual Group today announced that it would continue its sponsorship of the Boston Pops Fourth of July Concert on the Esplanade through 2012, which coincides with the company’s 100th anniversary. The multi-year sponsorship agreement with Boston 4 Productions, the company that produces the event, totals approximately $7 million.
Headquartered in Boston since its inception [...]

AIG to Webcast Annual Meeting of Shareholders on Tuesday, June 30 at 10:00 A.M.

June 27th, 2009

The Annual Meeting of Shareholders of American International Group, Inc. (AIG) will be audio webcast live at www.aigwebcast.com on Tuesday, June 30, 2009 at 10:00 a.m. EDT.
Shareholders planning to attend the Annual Meeting should bring photo identification. In addition, if shares are held in “street name” shareholders should bring an account statement or other acceptable [...]

BestWeek: Recession a Bane and a Boon to Workers’ Comp Writers

June 27th, 2009

The ongoing recession is taking a toll on the U.S. workers’ compensation industry, but that bane is not without a boon as well. Job cuts, particularly in construction and manufacturing, are putting downward pressure on revenue from written premiums. “It’s certainly clear that the premium base will be declining,” Harry Shuford, chief economist for the [...]

Liberty Mutual Debuts Online ‘Driver Seat Game’ to Give Perspective on Senior Driving Challenges

June 18th, 2009

Liberty Mutual, the eighth largest car and home insurer in the U.S., today launched its online “Driver Seat Game,” a flash-based video game that will allow players of all ages to experience first-hand the physical and cognitive limitations that older drivers may experience while operating a motor vehicle. The goal of the game — found [...]