Bethesda-based ICP, a life insurance settlement and premium finance broker, evaluated the viability and continued ownership of life insurance policies owned by X-Rite that were placed upon the lives of X-Rite founders who are no longer involved with the company.
“We have worked with many companies before in selling buy-sell agreements as well as key executive [...]
The health insurance industry said Wednesday it will support a national health care overhaul that requires them to accept all customers, regardless of pre-existing medical conditions — but in return it wants lawmakers to mandate that everyone buy coverage.
Lawmakers have signaled their intent to craft health care legislation early next year, and the insurance industry’s [...]
Infinity Insurance has partnered with the National Center for Missing and Exploited Children (NCMEC) to provide Kindergarten students at Howard Tanner Elementary with Infinity Cares Child Safety Kits. On November 19th at 12:00 noon, Infinity employees will distribute over 80 safety identification kits to children complete with headshots, fingerprints taken by City of Paramount Police [...]
State officials from California want to cap the list of people registered in the health insurance system based on children of the poor working people. The authorities stated that this decision can come because of too many new clients who take upon the insurance health system.
But advocates say that if the Healthy Families Program needs [...]
A Roswell politician who was in the spotlight after an altercation at a basketball tournament is getting heat over a series of insurance deals he profited from while in the legislature.
Critics allege Foley, who is also an Allstate agent, made a 10 percent profit off of hundreds of supplemental health insurance plans sold to government [...]
A.M. Best Co. has assigned a financial strength rating of A- (Excellent) and an issuer credit rating of “a-”to White Mountain Insurance Company (White Mountain) (Burlington, VT). The outlook assigned to both ratings is stable.
The ratings reflect White Mountain’s excellent capitalization, solid underwriting and overall operating performance and conservative operating strategy. The rating also considers [...]
Oregon-based LTC Global Inc. has completed its acquisition of American Insurance Agency Inc., a life and health insurance agency based in Lebanon.
Mike Beckman, principal of American Insurance Agency, has joined the LTC Global group of companies as Regional Manager of the annuity division.
The acquisition represents LTC Global’s first strategic expansion of its annuity distribution network [...]
Prices are up and jobs are down. It’s the sign of an economy in trouble.
“Idaho’s going to mirror what’s going on with the economy nationally, and of course things are on the downturn right now, due to the housing market and the high price of fuel and all the other costs rising as a result [...]
All insurers require customers to pay the first part of any claim – usually ￡50 or ￡100 – to weed out trivial and frivolous claims. However, some customers are finding there is a sting in the tail: premiums can rise sharply at renewal simply because they have had the temerity to make a claim.
The figures [...]
The National Consumer Commission has asked insurance companies to stop “coercing” their consumers to Business Liability Insurance accept claims determined by them.
“An officer of the insurance company cannot harass the consumer by compelling to sign a voucher and accept whatever amount of reimbursement is offered by the insurance company in full and final settlement of [...]
