Loss

GAB Robins Forms Industry Practice Groups for Loss Adjusting

May 8th, 2009

GAB Robins North America, Inc., a leader in providing loss adjusting and claims management services, today announced the formation of three specialized practice groups within its loss adjusting business. The three areas are: power/energy, mining and hospitality.
“In establishing these practice groups we are harnessing the collective experience and knowledge of our talented adjusters and providing [...]

Budget Feeling Tight? Pants Feeling Even Tighter? Sensei for Weight Loss Can Help on Both Counts

January 16th, 2009

It costs extra money to carry around extra weight: $19.39 per overweight pound or an average of more than $1,000 a year, as a recent Humana study pointed out.
That’s because people who are overweight or obese are much more at risk of heart attack, stroke, diabetes and some cancers. One of the best ways to [...]

RAM Holdings Ltd. Announces Third Quarter Net Loss of $40.4 Million

November 17th, 2008

RAM Holdings Ltd. a third quarter 2008 net loss of $40.4 million, or net loss of $1.48 per diluted share. This compares to a net loss of $14.7 million, or $0.54 per diluted share, for the third quarter 2007. The increase in the loss for the third quarter 2008 is primarily attributable to loss and [...]

Assurant Reports Q3 2008 Net Operating Income of $83.1 Million or $0.70 per diluted share; Q3 2008 Net Loss of $111.4 Million or ($0.95) per diluted share

October 30th, 2008

Assurant, a premier provider of specialized insurance and insurance-related products and services, today reported its results for the third quarter of 2008 and the nine months ended September 30, 2008.
Robert B. Pollock, president and chief executive officer, said: “Assurant demonstrated resilience, an essential quality for any business during turbulent times. Despite unprecedented volatility in 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 [...]

Radian Adopts Tax Benefit Preservation Plan Designed to Preserve Use of Net Operating Losses

October 9th, 2009

Radian Group Inc. announced that its Board of Directors has adopted a Tax Benefit Preservation Plan designed to protect stockholder value by preserving important tax assets. The Tax Benefit Plan was adopted to reduce the likelihood that Radian’s use of its net operating losses, loss carryforwards and other tax assets (NOLs) would be substantially limited [...]

Strategic Initiatives Focus Intercare Holdings Insurance Services, Inc. on Core TPA and Managed Care Services

October 9th, 2009

As a result of the development of a new long-range plan for 15-year-old Intercare Holdings Insurance Services, the firm’s senior management team has announced a series of strategic moves that have focused the Roseville-based company on its core competencies.
CEO George “Mac” McCleary detailed the plan, highlighting the divesture of an insurance brokerage operation and other [...]

One Month Left to Apply for SBA’s Disaster Loan; Approved Loans Now Total over $1 Million

July 9th, 2009

The U.S. Small Business Administration reminds homeowners, renters, businesses of all sizes and non-profit organizations located in Alabama of the deadline to submit disaster loan applications for damage caused by severe storms and tornadoes that occurred from April 10 through 13, 2009. The deadline to file an application for physical damage is August 10, 2009.
The [...]

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 [...]

Zurich North America Commercial and Presidio Reinsurance Group Announce Strategic Relationship Strengthening Their Positions in the Specialty Health Marketplace

July 8th, 2009

Zurich North America Commercial’s Accident & Health (A&H) group and Presidio Reinsurance Group announced today their formation of a strategic relationship to provide a broad range of risk-relief programs to the health care market.
As industry leaders with a long-term commitment to the accident and health industry, Zurich and Presidio will leverage their extensive portfolio of [...]