Insurance industry
Liberty Mutual, the leading provider of workers' compensation products and services in the United States, has announced a new partnership with Comprehensive Managed Care (CMC), the workers' compensation managed care affiliate of Blue Cross and Blue Shield of Minnesota. Through this partnership, Liberty Mutual will combine its occupational
Insurance
Two students from the Lenawee Vocational Center, Jess McKimmy and Michael Pilarski, have been named the state's best high school automobile technicians after winning the 1995 STUDENT AUTO SKILLS National Quality Care Challenge at the Henry Ford Museum/Greenfield Village. The duo achieved top honors by recording the
Insurance industry
Computer Horizons Corp. (CHC) has been awarded a multi-million dollar contract to solve the year 2000 date-field problem for United States Automobile Association (USAA), the largest provider of all forms of insurance to the United States military and military personnel. The year 2000 poses a significant challenge to the information
Insurance industry
Provident Life and Accident Insurance Company of America, a leading provider of disability and life insurance, announced its first quarter 1995 results, marking a decline in net income compared to the same period in 1994. Despite this, the company's revenue excluding net realized investment gains and losses showed
Insurance industry
Aetna Life & Casualty is exploring a strategic partnership or opportunity for its independently operated investment management subsidiary, Aeltus Investment Management, Inc. This move aligns with Aetna's strategic direction in the asset accumulation business, shifting focus from large corporate and public retirement plans to small to medium-sized tax-exempt
Insurance industry
The Chubb Group of Insurance Companies, along with officials from the electronics industry and law enforcement, has announced the establishment of the Technology Theft Prevention Foundation. The foundation aims to tackle the growing problem of high technology crime, which is expected to cost the electronics industry up to $200 billion
Insurance industry
Community banks are facing numerous hidden exposures beyond the recent frenzy of exotic derivatives and mergers and acquisitions. Traditional directors and officers (D&O) liability risks, check kiting, employee fraud or dishonesty, and safe deposit box losses pose significant threats to community banks. Defense costs for D&O
Insurance industry
Alfa Corporation, a leading insurance and financial services company, has released its first quarter 1995 results, showing significant improvement across key metrics. The company's operating income nearly doubled to $9.2 million, while net income, including investment gains, reached $9.4 million. Premiums for the quarter surged 31.
Insurance industry
Western National Life Insurance Company has announced a significant partnership with First of America Bank Corporation to develop a proprietary fixed annuity product. This move is part of Western National's efforts to establish strong, long-term relationships with top banks in the country. The fixed annuity, which will be
Insurance industry
The Admar Group Inc. and Principal Mutual Life Insurance Co. have joined forces to market Admar's HMO alternative product, Exclusive Health, in Southern California. This partnership aims to provide customized managed care programs tailored to individual consumer needs, with the goal of reducing overall healthcare costs. The Principal
Insurance industry
The California Association of REALTORS (C.A.R.) has expressed strong opposition to a new condominium earthquake insurance requirement planned by the Federal Home Loan Mortgage Corp. (Freddie Mac), which they claim unfairly singles out California and discriminates against thousands of condominium owners and first-time homebuyers. C.A.R. President
Insurance industry
Providian Corporation, a leading provider of consumer financial services, has announced its selection of J. Walter Thompson as its advertising agency for a brand-building program aimed at increasing consumer awareness for its insurance, credit, and annuity businesses. This move is a strategic step for the company, which has been focusing
