Insurance Market Statistics, May 2013

Pension Market In The United States: The Record, Stockton, Calif., Michael Fitzgerald Column

Industry news
12 hours ago
by McClatchy-Tribune Information Services

2013-05-22 --CORRECTION: May 22, 2013 Projections estimate Stockton's public employee pensions will account for up to 52.9 % of public safety payroll , 30.6 % of miscellaneous employee payroll by 2020. Incorrect information was included in the print , initial online versions of this story. The error has been corrected online. Tonight, backers of the 2 crime-fighting plans th...

Industries : Pension
Countries : United States

Pension Competitive Position: Regulator Publishes 3-year Strategic Pensions Approach

Company news
13 hours ago
by Centaur Communications Limited

The Pensions Regulator (TPR) has set out its strategic approach to regulating defined benefit (DB) , defined contribution (DC) , , maximising employer compliance with auto-enrolment duties in its latest corporate plan. The strategic themes in the Corporate plan 2013 ? 2016 include: Reducing risks to DB pension scheme members. Improving outcomes for members. Improving governance , adm...

Industries : Pension

Pension Industry In The United States: Jindal-backed Retirement Change Delayed By A Year

Industry news
14 hours ago
by Associated Press, The

BATON ROUGE, La. (AP) ? Lawmakers have delayed the start date of Gov. Bobby Jindal's signature retirement achievement from last year, a law that would shift future rank-,-file state workers to a 401(k)-style retirement plan. With a 35-0 vote Wednesday, the state Senate gave final legislative passage to a 1-year suspension of the law that had been...

Industries : Pension
Countries : United States

Health Insurance Market In The United States: Lawmakers Have Deal On Low-income Health Care

Industry news
18 hours ago
by Associated Press, The

DES MOINES, Iowa (AP) ? Iowa lawmakers have reached a tentative deal to accept federal funding to provide health care coverage to low-income residents. Democratic Senate President Pam Jochum , of Dubuque , says the agreem...

Industries : Managed Care, Health Insurance
Countries : United States

Pension Financing Deals In The United States: Fitch Rates Eanes Isd's, Tx's Ult Bonds 'aa+'; Outlook Stable

Company news
18 hours ago
by Business Wire

AUSTIN, Texas --(BUSINESS WIRE)-- Fitch Ratings attributes an 'AA+' rating to the following Eanes Independent School District (ISD), Texas (the district) unlimited tax (ULT) refunding bonds: -- US Dollars 34.86 million ULT refunding bonds, series 2013. The bonds are expected to price via negotiation the week of May 20, 2013 . Proceeds wil...

Industries : Pension
Countries : United States

Health Insurance Market Shares In The United States: Lawsuit Claims Highmark, Other Pennsylvania Insurers Violate Antitrust Competition Laws

Company news
18 hours ago
by McClatchy-Tribune Information Services

2013-05-22 --3 southwestern Pennsylvania residents , 2 businesses today filed a lawsuit against Highmark incorporated , 3 other insurers, claiming they violated federal antitrust laws by agreeing not to compete against each other. Valencia residents Kathryn Scheller , Michael Spreng , Mt. Lebanon resident Matthew Rutkowski , , businesses Moss Architects , Iron Gate Techn...

Industries : Health Insurance, Managed Care
Countries : United States

Health Insurance Corporate Deals Activity In The United States: Liberty Dental Plan Is Named Valley Health Plan's Dental Benefits Partner For Healthcare Exchange

Company news
21 hours ago
by NewsRx.com

By a News Reporter-Staff News Editor at Insurance Weekly News -- LIBERTY Dental Plan (LIBERTY) is proud to announce that it has been selected to partner with Valley Health Pan (VHP) through Covered California's healthcare exchange. VHP chose to award LIBERTY's proposal to provide dental insurance products needed to meet the necessary Essential Health Benefit (EHB) requirements for Pediatric...

Industries : Health Insurance, Managed Care
Countries : United States

Life Insurance Key Players In The United States: Survey Reveals That - While Over A Quarter Of Today's Workforce Will Require It - Majority Of Young Adults Don't Have Disability Insurance

Industry news
21 hours ago
by NewsRx.com

By a News Reporter-Staff News Editor at Insurance Weekly News -- Today's 20- , 30-somethings place a high value on their ability to earn an income, but most have not taken any steps to protect this asset if they're unable to work due to illness or injury, as reported by a survey undertaken by LearnVest , The Guardian Life Insurance Industry player of America (Guardian). Only 35 % of the youn...

Industries : Life Insurance
Countries : United States

Life Insurance Sector In The United States: Cigna Teams With Jobipedia.org To Offer Job-seekers Free Advice And Answers From Actual Recruiters

Industry news
21 hours ago
by NewsRx.com

By a News Reporter-Staff News Editor at Insurance Weekly News -- Global health service Industry player Cigna (NYSE:CI) announced that it is teaming up with the website jobipedia.org to offer recent college grads personal, free , timely answers about job searches , the workplace directly from active Industry player recruiters. "In today's highly competitive global job Industry, many of today's recen...

Industries : Life Insurance
Countries : United States

Health Insurance Industry In North America: Willis North America Launches Private Insurance Exchange Aimed At Reducing Health Insurance Costs

Industry news
22 hours ago
by GlobeNewswire

NEW YORK , 2013-05-22 (GLOBE NEWSWIRE) -- Willis North America , a unit of Willis Group Holdings (NYSE:WSH), the global risk advisor, insurance , reinsurance broker, announced today its launch of The Willis Advantage, a private insurance exchange. The Willis Advantage helps organizations design , implement client-centric private exchange solutions that help to address the underly...

Industries : Health Insurance
Countries : North America

Pension Technology Trends In Germany: Researchers From University Of Munich Report New Studies And Findings In The Area Of Economic Research

Industry news
22 hours ago
by NewsRx.com

By a News Reporter-Staff News Editor at Economics Week -- Data detailed on Economic Research have been presented. as reported by news reporting originating in Munich, Germany , by VerticalNews journalists, research stated, "The responses given in opinion polls on future policy reforms reflect both subjective expectations , preferences. We disentangle these factors using data from a control...

Industries : Pension
Countries : Germany

Life Insurance Market Overview In The United States: Survey Reveals That - While Over A Quarter Of Today's Workforce Will Require It - Majority Of Young Adults Don't Have Disability Insurance

Industry news
23 hours ago
by NewsRx.com

By a News Reporter-Staff News Editor at Health & Medicine Week -- Today's 20- , 30-somethings place a high value on their ability to earn an income, but most have not taken any steps to protect this asset if they're unable to work due to illness or injury, as reported by a survey undertaken by LearnVest , The Guardian Life Insurance Industry player of America (Guardian) (see also Life Insuranc...

Industries : Life Insurance
Countries : United States

Life Insurance Industry: Virtual Global Healthy Workplace Summit Available On Cigna.com

Industry news
23 hours ago
by Business Wire

See what companies are doing to improve workforce health worldwide Worksite wellness success traced to active leaders, worker involvement Proof that the workplace can be an entry point to better health BLOOMFIELD, Conn. --(BUSINESS WIRE)-- For anyone who missed it, the inaugural Global Health...

Industries : Life Insurance
Countries : World

Health Insurance Sector In The United States: 'double Dipping,' Insurance Measures Adopted

Industry news
1 day ago
by McClatchy-Tribune Information Services

2013-05-22 -- The Legislature's budget committee Tuesday approved a measure meant to discourage public employees from collecting a pension , a paycheck at the same time. It also approved changes to the state employee health insurance program. The Joint Finance Committee mostly adopted Gov. Scott Walker's budget proposal to prohibit full-time or nearly full-time employees from collecting ...

Industries : Health Insurance
Countries : United States

Pension Industry In The United States: The Record, Stockton, Calif., Michael Fitzgerald Column

Industry news
1 day ago
by McClatchy-Tribune Information Services

2013-05-22 --Tonight, backers of the 2 crime-fighting plans that have divided the city of Stockton, the Marshall Plan vs. Stockton Safe Streets , hold a highly charged debate. Unfortunately, perhaps the most important issue has so far been left out of the public debate: Stockton's overall recovery. This issue, even more than crime, is job No. 1. If Stockton steers the wrong course through ba...

Industries : Pension
Countries : United States

Insurance Market Overview In Bhutan: Bhutan Insurance Sector Stands To Grow From Hydropower And Tourism

Industry news
1 day ago
by A.M. Best Company, Inc.

Bhutan , a Himalayan nation in South Asia , is seeing more activity on the insurance landscape with the recent drafting of insurance regulations , the entrance of new players. The region?s economic growth is ?primarily propelled by hydropower , tourism? development in the past 5 years, said Sonam Dorji , executive director of Royal Insurance Corp. of Bhutan Ltd. , a composite in...

Industries : Insurance
Countries : Bhutan

Life Insurance Production Capacity In The United States: Forethought Financial Group Utilizes Laser App Software To Automate Workflow Processes For Producers

Company news
1 day ago
by Marketwire

ONTARIO, CA -- (Marketwired) -- 05/22/13 -- Laser App Software , the premier provider of forms automation , management software for the securities , insurance industries, today announced that Forethought Financial Group, incorporated , a leader in life insurance , annuity products, is adding its forms to Laser App's library to enhance In-Good-Order capabilities. Forethought will utilize Las...

Industries : Life Insurance
Countries : United States

Health Insurance Innovation Trends: Eyemed Transforms Vision Plans With New Consumer-centric Offering

Company news
1 day ago
by Business Wire

Tiered vision plan , innovative tools empower employees to make informed decisions MASON, Ohio --(BUSINESS WIRE)-- EyeMed Vision Care , 1 of the nation?s leading vision benefits companies , part of Luxottica (NYSE: LUX ? www.Luxottica.com ), today announced the launch of EyePrefer SM , an innovative product that reflects the cur...

Industries : Health Insurance

Life Insurance Market In The United States: Matrix Absence Management Names Paul Dubé Vice President, Business Strategy

Industry news
1 day ago
by Business Wire

SAN JOSE, Calif. --(BUSINESS WIRE)-- Matrix Absence Management, incorporated , (Matrix), a Industry leading integrator of insurance , absence management services, has named Paul Dubé Vice President, Product Strategy , Development, a newly-created role reporting to Matrix President Kenneth Cope . Paul Dube , VP Business Strategy, Matrix Absence Management...

Industries : Life Insurance
Countries : United States

Health Insurance Industry In The United States: Insurexsolutions Private Exchange Adds Dental Benefit Plans From Aetna, Assurant And Delta Dental

Industry news
1 day ago
by GlobeNewswire

ROSEMONT, Ill. , 2013-05-22 (GLOBE NEWSWIRE) -- InsureXSolutions® today announced that dental plans from Aetna®, Assurant®, incorporated , Delta Dental® have been added to their private insurance exchange. The dental products from these leading insurance companies offer a variety of price , benefit options for employees shopping in the online insurance marketplace. The InsureXSolutions private...

Industries : Health Insurance, Managed Care
Countries : United States

Health Insurance Market Position In The United States: Comparative 5-year Sector Share, Trends And Data

Company news
1 day ago
by PR Web

Washington, DC (PRWEB) 2013-05-22 Atlantic Information Services, incorporated (AIS), objective publisher of news, data , information for health care managers, is pleased to announce the publication of AIS?s 2008-2012 Health Plan Enrollment Statistics: Comparative 5-Year Industry Share, Trends , Data, a brand-new resource offering comprehensive analysis of 5 years? worth of comparable heal...

Industries : Managed Care, Health Insurance
Countries : United States

Motorcycle Insurance Competitive Position In Malaysia: Sanlam Buys Stake In Malaysian Firm

Company news
1 day ago
by All Africa Global Media

South African financial services provider Sanlam has acquired a 49 % stake in Malaysian short-term insurer Pacific & Orient Insurance Company Berhard (POI) worth about R814-million. "This transaction is our 1st foray into the southeast Asia area," Sanlam Emerging Markets chief executive officer, Heinie Werth , said in a statement on Monday. It forms part of Sanlam's strategy to pursu...

Industries : Motor Insurance
Countries : Malaysia

Health Insurance Sector In The United States: City Health Plan Costs May Go Up

Industry news
1 day ago
by McClatchy-Tribune Information Services

2013-05-22 -- Muskogee city councilors will consider next week a proposal to increase contributions to the employee health benefits plan. A proposal reviewed Tuesday during the Finance Committee meeting lays out a plan to increase contributions by 18 % beginning July 1 . Company-payments for brand-name prescription drugs would increase 25 %, from US Dollars 40 to US Dollars 50 , implants would be in...

Industries : Managed Care, Health Insurance
Countries : United States

Pension Market In The United States: Council To Consider Mayor's Proposed Pension Changes

Industry news
1 day ago
by McClatchy-Tribune Information Services

2013-05-22 --With the city retirement system short hundreds of millions of dollars in unfunded liabilities, officials say they are likely to begin requiring municipal employees to contribute to their pensions. "Pretty much everyone is in agreement that it's fair," said Carl Stokes , chairman of the City Council's finance committee. "Those who are benefiting from the pensions should be contribu...

Industries : Pension
Countries : United States

Pension Corporate Deals In The United States: Lincoln Expands Partnership With Bank Of America Merrill Lynch To Enhance Employer-sponsored Retirement Plan Offering

Company news
1 day ago
by M2 Communications

ENP Newswire - 22 May 2013 Release date- 21052013 - Partnership Reinforces Dedication to Offering a Stronger Option for Retirement Planning. Lincoln Financial Group (NYSE: LNC) today announced that it is expanding its partnership with Bank of America Merrill Lynch to offer enhanced employer-sponsored retirement plan programs to companies. The Merrill Lynch Advisor Alliance program n...

Industries : Pension
Countries : United States

Insurance Sector In The United States: Jkj Named Healthiest Employer For 3rd Consecutive Year

Industry news
1 day ago
by PR Web

Philadelphia, PA (PRWEB) 2013-05-22 For the 3rd year in a row, Johnson Kendall & Johnson, a leading insurance brokerage headquartered in Newtown, PA , has been recognized as 1 of Philadelphia?s Healthiest Employers. Awarded yearly by the Philadelphia Business Journal , the designation recognizes employers with an outstanding commitment to employee health , wellness. The reco...

Industries : Insurance
Countries : United States

Health Insurance Market Position In The United States: Autism Insurance Mandate Wins In Minnesota

Company news
1 day ago
by McClatchy-Tribune Information Services

2013-05-22 --Advocates for children with autism are celebrating the passage of an insurance mandate that will require some -- but not most -- Minnesota health plans to cover an intensive form of therapy that can cost US Dollars 100000 a year. The mandate, which was approved by the Legislature over the weekend, is scheduled to take effect in January. Most Minnesota health insurers have refused un...

Industries : Health Insurance, Managed Care
Countries : United States

Health Insurance Industry In Poland: Poland Press - Top Economy Headlines

Industry news
1 day ago
by Polish Press Agency

GDP GROWTH - Poland's economy will remain in stagnation or will grow at a low rate in the coming quarters, the daily Parkiet says citing economists gathered at the debate run by the association of stock exchange issuers SEG. Recovery is expected to start in 2014 if no deterioration takes place in the US , Asia , PKO BP economist Radoslaw Bodys said. as reported by Credit Agricole economi...

Industries : Health Insurance, Managed Care
Countries : Poland

Property Insurance Production Capacity In The United States: Wisconsin Growers Can Seed On Erodible Land

Company news
1 day ago
by Penton Business Media

Wisconsin producers can plant crops on their highly erodible land (HEL) after last year?s drought , the harsh winter wreaked havoc on the state?s hayfields. The state?s National Resources Conservation Service (NRCS) office has lifted restrictions for growers who have conservation plans for their HEL land with the agency. Typically, those with plans must limit tillage or utilize high...

Industries : Property Insurance
Countries : United States

Health Insurance Technology Trends In The United States And Mexico: Controlscan Adds Security To Convergencehealth's Software

Industry news
1 day ago
by SourceMedia

ControlScan is providing online payments security for ConvergenceHealth's digital- , cloud-based healthcare software , services. ControlScan's service provides Payment Card Market data security standard compliance for ConvergenceHealth by handling payment card data outside of the application environment, the Atlanta -based payments security provider states in a 2013-05-21 press release. ...

Industries : Health Insurance, Managed Care
Countries : United States, Mexico