Insurance

Insurance

Insurance Industry News, including Long Term Care Insurance (LTCi)

Insurance

Insurance
Insurance Industry News, including Long Term Care Insurance (LTCi)

LTC Solutions Campaign May Be New Answer to America's Long-Term Care Crisis: LTC Insurance and Beyond

KIRKLAND, Wash. /eNewsChannels/ -- NEWS: LTC Financial Partners, LLC announces their LTC Solutions campaign, which is a simple answer to a big, seemingly intractable problem: Nearly 70 percent of Americans over 65 will need long-term care services at some point, according to the U.S. Department of Health and Human Services. That includes the majority of Baby Boomers, 78 million strong, now moving into their retirement years.

Long-Term Care Leader LTCFP Extends its Strategic Partnership in Growing Long-Term Care Market to General Insurance Agents

KIRKLAND, Wash. /eNewsChannels/ -- NEWS: LTC Financial Partners, LLC (LTCFP) today announced a broad expansion of its strategic partnership program. 'We're opening our doors to seasoned senior-market professionals who want to expand their service offerings through a turn-key process,' says Denise Gott, Executive VP for LTCFP. In recent years, key strategic partners with LTCFP have been large organizations such as professional associations.

Jenkins Insurance Services acquired by Edgewood Partners Insurance Center (EPIC)

SAN FRANCISCO, Calif. /eNewsChannels/ -- NEWS: The shareholders of Jenkins Insurance Services, a Leavitt Group agency, have sold 100 percent of their shares in Jenkins to Edgewood Partners Insurance Center (EPIC). The transaction, which closed on July 17, was retroactively effective July 1, 2014. Jenkins, with California offices in Concord, Sacramento, San Jose, Orange County, and in Reno, Nevada, employs 160 and has approximately $34 million of annual revenue.

REPORT: Exactuals is transforming entertainment-industry payments poised for wide use by insurance firms

eNewsChannels NEWS: -- Today the EraNova Institute issued a business alert: "Showbiz shows a better way to pay." EraNova's Director and author of the report, Dick Samson, says, "For non-employees in entertainment and insurance, getting the money due you has often been a chore. Now, for the likes of Tom Hanks and Lady Gaga, it's more of a breeze; and soon may be for everyone involved in insurance."

3 in 4 Need More Campaign Gains Additional Support and New Board Members

KIRKLAND, Wash. /eNewsChannels/ -- In November the 3in4 Association added seven new members to its advisory board, and received increased support from two insurance carriers: John Hancock, an existing member of the organization, and Genworth, which provided sponsorship of a meaningful consumer study. 'We're gaining momentum,' says Mark Goldberg, Treasurer of the association that runs the '3 in 4 Need More' campaign.

Michael Gonthier named CFO at Edgewood Partners Insurance Center in San Francisco

SAN FRANCISCO, Calif. /eNewsChannels/ -- NEWS: Edgewood Partners Insurance Center (EPIC), a retail property, casualty insurance brokerage and employee benefits consultant, today announced that Michael Gonthier has joined the firm as Chief Financial Officer. EPIC's current CFO, Elaine Andrian, will now focus on merger and acquisition strategy and diligence as the firm continues to expand nationally.

American Fidelity Administrative Services Assists Employers with Tracking Employee Hours Across the US

OKLAHOMA CITY, Okla. /eNewsChannels/ -- NEWS: American Fidelity Administrative Services, LLC, the recent addition to the American Fidelity family of companies and established in response to great demand from American Fidelity Assurance Company's customers, now offers a tool to assist employers with the complicated Health Care Reform law that requires employers to track employee hours constantly to determine their eligibility for health care coverage.

Data Breach Lawsuit Against Premera Blue Cross launched by Weitz and Luxenberg

NEW YORK, N.Y. /eNewsChannels/ -- NEWS: New York-based Weitz and Luxenberg P.C. today filed a class action lawsuit against Seattle-based Premera Blue Cross on behalf of policy holders who lost sensitive private information as a result of a massive, sustained hacking of Premera's computer systems, the law firm announced.

KCLI Shareholder Issues Letter to Kansas City Life Insurance Board of Directors: ‘Go-Private’ Transaction Structured Unfairly

NEWS: On Sept. 9, 2015, Sherow Management, LLC, an outside shareholder, sent a letter addressed to the Kansas City Life Insurance Co (NASDAQ:KCLI) Board Chairman in response to the Company's proposed 'Go-Private' Transaction. Sherow believes the deal is unfair to outside shareholders and should be amended. Excerpts from the letter and a link to a copy follow.

FirstClose Title announces that its CEO, Cynthia Waterman, will be available the 99th MBA Annual Convention to discuss title insurance issues

AUSTIN, Texas /eNewsChannels/ -- FirstClose Title announced that its CEO, Cynthia Waterman, will be available at the 99th MBA Annual Convention and Exposition at the Hyatt Regency in Chicago, Illinois October 21-24 to discuss title insurance issues in the mortgage banking industry and how they can be remedied. She is available by appointment at the show or via phone interviews after the show.

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