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August 28, 2008
 
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Recent Headlines - Business: Insurance

Civil Service Employees Insurance Group's Financial Strength Rating Upgraded by A.M. Best : Best Report Cites CSE's Significantly Improved Operating Earnings During Past Five Years Civil Service Employees Insurance Group (“CSE”) today announced that A.M. Best Co. has upgraded the financial strength rating of CSE and its members to A- (Excellent) from B++ (Good). - 2008-05-12

Consult2Comply To Help Global Organizations Respond To Increasing Compliance Concerns: Compliance Professionals Create New Service Organization to Address Global Compliance Issues; Announce Key Services and Software Products Consult2Comply, world leaders in the compliance industry, today announced its official corporate launch to provide services aimed at helping businesses make sense of compliance issues. Consult2Comply also announced the availability of two key software products to support compliance-industry and risk-assessment professionals in achieving adherence to the many regulations, standards and best-practice requirements around the world today. - 2008-05-06

Patient-Centered Care Institute Launched The Patient-Centered Care Institute is dedicated to advancing the knowledge and practice of patient-centered care within healthcare. - 2008-05-06

Nationwide Insurance Launches SmartRide Program for Teens and Parents In time for National Youth Traffic Safety Month, Nationwide Insurance has launched SmartRide(SM), a comprehensive teen driver program. The program empowers teens and parents and provides the right tools and resources to help teens become smarter and safer drivers. This is particularly important since automobile crashes are the leading cause of death among American teens. - 2008-05-05

AdvancedMD Reaches Milestone Processing More Than 1 Million Claims in a Single Month: Features of Web-based Medical Billing Software Strengthen Offering to Reach More Than 8,500 Providers Nationwide AdvancedMD Software Inc. (www.advancedmd.com), the leading provider of Web-based practice management solutions for physician offices, management services organizations and medical billing services, announced today that it now provides medical billing software to more than 8,500 providers nationwide who collectively processed more than one million claims last month. This milestone highlights the enormous growth of the company, processing more than $3 billion in claims annually, and reaffirms the use of Web-based products managing aspects of business in virtually every major vertical market - including private practice medicine. - 2008-04-30

Looming Workforce Shortage Pressures Long Term Care Costs, According to Research by Genworth Financial Not only has the cost of long term care in U.S. nursing homes, assisted living facilities and in the home increased for the fifth consecutive year, but the nation faces an impending shortage of direct-care workers, further driving up long term care costs. Those are two of the key conclusions drawn from cost of care research by Genworth Financial (NYSE:GNW). - 2008-04-29

Phillip Wasserman and Phillip Roy Financial Services Announce New Television Programs on Annuities and Life Insurance to Run in Tennessee Phillip Wasserman, one of the top experts on annuities and life insurance and president of Phillip Roy Financial Services, one of the nation's largest sellers of annuities and life insurance, has announced the expansion of his television program, Phillip Roy on Money, to Memphis and Nashville. Phillip Roy on Money currently runs in: - 2008-04-25

Phillip Wasserman and Phillip Roy Financial Services Announce New Television Programs on Annuities and Life Insurance to Run in Gainesville and Ocala Phillip Wasserman, one of the top experts on annuities and life insurance, and president of Phillip Roy Financial Services, one of the nation's largest sellers of annuities and life insurance, has announced the expansion of his television program, Phillip Roy on Money, to Gainesville and Ocala. Phillip Roy on Money currently runs in - 2008-04-25

Phillip Wasserman and Phillip Roy Financial Services Announce New Television Programs on Annuities and Life Insurance to Run in Ft.Myers and Naples, Florida Phillip Wasserman, one of the top experts on annuities and life insurance, and president of Phillip Roy Financial Services, one of the nation's largest sellers of annuities and life insurance, has announced the expansion of his television program, Phillip Roy on Money, to additional stations in Ft. Myers and Naples, Florida. Phillip Roy on Money currently runs in: - 2008-04-25

Phillip Wasserman and Phillip Roy Financial Services Purchase Equity Index Annuity Clients and Firm of Alin Lozada in Ft. Lauderdale Phillip Wasserman, one of the top experts on annuities and life insurance and president of Phillip Roy Financial Services, one of the nation's largest sellers of annuities and life insurance, has announced the purchase of the firm of retirement planning specialist Alin Lozada of Ft. Lauderdale, Florida. - 2008-04-25

William Russell Launches Enhanced Life Insurance and Income Protection Plans for Expats International health insurance specialist William Russell has launched its 2008 life insurance and income protection plans for expatriates with improved benefits and prices held at 2005 levels for the third year running. - 2008-04-22

InsureMe Takes a Look at Pit Bulls and Homeowner's Insurance: Insurance Referral Service Researches Industry's Breed-Specific Underwriting According to InsureMe, 3.5 percent of homeowners nationwide possess either a Chow, Doberman, German Shepherd, Rottweiler or pit bull terrier. - 2008-04-21

Quote It Now Offers Small Home-Based Business Insurance Quotes Online Quote It Now(TM) provides small business owners the ability to explore and select commercial insurance offerings online with no involvement from an insurance agent. As a result, small business owners can obtain business insurance quotes, review and purchase online, 24x7. - 2008-04-21

Newly Branded Bearence, an Insurance and Financial Services Firm, and McCarthy Capital Partner to Expand into New Markets McCarthy Capital Corporation, recently partnered with management to complete an investment in Bearence Management Group, a Des Moines-based insurance and financial services firm. Bearence, which previously operated under the TrueNorth Companies brand, has rebranded itself and has established a new strategic objective. The management team of Bearence is actively looking for acquisition opportunities in other locations and communities. - 2008-04-14

First Quarter Venture Capital Results Slip from Prior Highs, According to Healthcare Corporate Finance News During the quarter ended March 31, 2008, health care companies raised more than $1.9 billion in 103 deals with disclosed prices. The Q1:08 dollar total represents about a 31% decrease from the total committed in Q1:07--however, in that quarter, more venture capital was invested in health care companies than any other quarter of the past five years. The number of deals announced declined by 23% in Q1:08, compared with the year-ago quarter. - 2008-04-14

First Research Launches Industry Express - Audio Versions of its Industry Intelligence Content: Provides Quick, Convenient Access for Business Professionals On the Go First Research, a division of Hoover's and a leading provider of Industry Intelligence, today announced the availability of Industry Express, audio versions of its well respected Industry Intelligence content. Available immediately to First Research subscribers, Industry Express allows users to access and download Industry Intelligence content to MP3-compatible audio devices. - 2008-04-10

Business & Legal Reports (BLR) Announces Online Media Veteran, Kathleen Greenler Sexton, Appointed as Chief Marketing Officer Business & Legal Reports, Inc. (BLR) announced today the appointment of Kathleen (Kathy) Greenler Sexton as the company's Chief Marketing Officer (CMO). BLR is an award-winning publisher dedicated to supporting companies with up-to-date HR, Compensation, Safety, and Environmental analysis, training, and regulatory compliance information. This appointment further strengthens BLR's management team as Sexton brings more than 20 years of marketing and executive experience to BLR, having held leadership positions in some of the most innovative and successful online media and Internet companies including HighBeam Research, Individual, Office.com and AltaVista. - 2008-04-01

Howard Zhang Joins Davis Polk As Firm Expands Beijing Office Davis Polk & Wardwell today announced that Howard Zhang will join the firm on April 7, 2008 as a partner in the Beijing office. Mr. Zhang will advise clients on cross-border securities, mergers and acquisitions and strategic investment transactions. He joins the firm from O'Melveny & Myers, where he was Managing Partner of their Beijing office and a member of the Mergers & Acquisitions Practice. - 2008-04-01

Phillip Wasserman Helps Bring Big Brothers and Big Sisters to the Wiggles Phillip Wasserman, president of Phillip Roy Financial Services, one of the nation's largest sellers of annuities and life insurance, has arranged for 100 children affiliated with the Big Brothers and Big Sisters of Los Angeles to enjoy The Wiggles, the famed children's group, at the incredible new Nokia Theater this Sunday, March 30, 2007. Phillip Wasserman and Phillip Roy Financial Services are major supporters of Big Brothers and Big Sisters in Sarasota, Florida, and the company has a suite at the Nokia Theater. - 2008-03-26

John Ramey Named Executive Director for Local Health Plans of California Local Health Plans of California (LHPC), a not-for-profit managed care association that advocates on behalf of eight local plans in California, announced today that it has named John Ramey as executive director. - 2008-03-24

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