May 22-- Health insurer Humana plans to open a mail-order prescription service facility in Irving that could employ more than 600 people within three years, the big health insurer said Wednesday. William Fleming, president of Humana Pharmacy Solutions, said the facility, at 2001 W. John Carpenter Freeway, will receive and review prescriptions from Humana...
May 22-- BOCA RATON-- Homeowners asked Florida's insurance consumer advocate for help with problems involving state-run Citizens and other insurers at a Palm Beach County forum Wednesday that also featured criticism that state officials are not doing enough. One West Palm Beach woman said her family borrowed from retirement savings to pay off a mortgage...
May 23-- Overriding objections it was rushing a deal that could hurt public trust, the board of state-run insurer Citizens narrowly approved a plan Wednesday to transfer 60,000 customers eight days before hurricane season and pay more than $50 million to a start-up insurance company that gave generously to Gov. As The Palm Beach Post reported in April, Heritage...
Insurance Commissioner Thomas B. Leonardi announced today that a regulatory settlement had been reached with CIGNA that calls for the company to set aside $48 million as it continues to re-evaluate claims. CIGNA also will be required to pay the state nearly $1.7 million in fines and administrative fees, plus another $150,000 to ensure that regulatory...
TORONTO, May 22, 2013/ PRNewswire/- Kingsway Financial Services Inc. and its subsidiary, 1347 Capital LLC, announced today that the Company has finalized the purchase of certain tangible and intangible assets of Trinity Warranty Corporation. The Company owns or controls stakes in several insurance industry assets and utilizes its subsidiaries, 1347...
"QBE is one of the few insurers in the world to have retained an unchanged insurer financial strength rating over the past decade," said John Neal, QBE Group CEO. QBE North America is part of QBE Insurance Group Limited, one of the top 20 insurers and reinsurers worldwide. Headquartered in Sydney, Australia, QBE operates out of 48 countries around the globe, with a...
