ADDING MULTIMEDIA USAA Aligns the Stars to Salute the Troops on ABC, Sunday, September 7 9/8c
A diverse cross-section of America’s most popular performers and entertainers – including Toby Keith, Janet Jackson, ZZ Top, Jessica Simpson, Snoop Dogg and others – are coming together on the same stage for one night only at an all-star salute to the nation’s military men and women. (Business Wire EON Sep 4, 2008)
Read the full story at Lifeline Program Announces Record Life Settlement Sales Gains
The Lifeline Program® today announced that as of July 31, the life insurance settlement company has already outperformed last year’s record sales numbers. Riding a wave of factors including a thirst for settlements as an investment from financial institutions, an influx of converted term policies and an increase in policies from seniors feeling the pinch of the economic slowdown, overall policy volume has seen a dramatic spike. (Business Wire EON Aug 11, 2008)
Read the full story at AdvancedMD Announces New CEO : Healthcare IT Veteran Eric Morgan to Assume Practice Management Software Solution Company Leadership
AdvancedMD Software Inc. (www.advancedmd.com), the leading provider of web-based medical practice management solutions, has named Eric Morgan as its new president and chief executive officer. He will join the company effective immediately. (Business Wire EON Jul 11, 2008)
Read the full story at Business Development and Sales Solutions for Insurance Agents: The Soft Insurance Market is Tough, but Competition from Professional Employer Organizations (PEOs) and Outsourced HR Services are the Real Threat
“There is a fundamental shift occurring in the small, mid-sized employer market today,” said James A. Schlueter, President of the Total HR Network (www.totalhrnet.com). Speaking to a group of insurance agents and brokers in Southern California, he said, “Insurance agents and brokers are searching for ways to deal with deteriorating commissions and increased competition in this soft market. Unfortunately, most of the sales strategies in the media advising the agents/brokers how to respond to the soft market environment are missing a vital point. It’s not about you; it’s about your customer. (Business Wire EON Jun 23, 2008)
Read the full story at RLI Creates New Fidelity Division
RLI Corp. (NYSE:RLI) - RLI announces the creation of its newest product group, RLI Fidelity, which will focus on financial fidelity and commercial crime insurance products. The new division will be based in New York City, and will be led by Mike Beranek, a 17-year veteran of the insurance industry, as Vice President. Beranek will be joined by 25-year veteran Joe Prystupa, as Assistant Vice President. (Business Wire EON Jun 17, 2008)
Read the full story at Storm Exchange Names John Owen to Board of Directors : Former JetBlue CFO Brings Decades of Financial Management Experience and Valuable Airline Industry Insight to Weather Risk Firm
Storm Exchange, Inc., a market leader in weather-risk management services, today announced the appointment of John Owen to its board of directors. Owen has extensive airline industry experience in the low cost airline sector as a senior finance executive at both JetBlue Airways and Southwest Airlines. He will be a key financial advisor to Storm Exchange as it grows its business in weather-sensitive industries, such as travel, agriculture, energy, retail, construction and outdoor entertainment. (Business Wire EON May 27, 2008)
Read the full story at Almost All Americans Believe They Are Safe Drivers, Yet Almost Three-Quarters Guilty of Distracted Driving, Finds Survey from Nationwide Insurance : 90 Percent of Drivers Believe DWD – Driving While Distracted – Will Only Increase in Future Generations
Nationwide Insurance today released its second annual DWD (Driving While Distracted) study, which found that, while 98 percent of Americans claim to be safe drivers, a vast majority also admit to DWD. More than four out of five cell-phone owners are guilty of talking on their phones while driving, and nearly three-quarters (72 percent) of all drivers admit to partaking in some form of distracting behavior while driving, from cell phone use to eating. Further, almost 80 percent have been in a vehicle with distracted drivers and more than 40 percent have been hit or almost hit by another driver who was talking on a cell phone while driving. (Business Wire EON May 18, 2008)
Read the full story at Hewlett-Packard Awarded $51 Million Judgment Against Insurer, ACE : HP's Counsel, Gauntlett & Associates, Now Seeks Bad Faith Damages from ACE
Federal District Court Judge James Ware found ACE Insurance Company owed Hewlett-Packard more than fifty-one million dollars in defense expenses, prejudgment interest and costs for defending an antitrust counterclaim under “advertisers’ injury” coverage. The judge then credited ACE with a partial payment during the suit of $11.7 million. Gauntlett & Associates’ David Gauntlett and James Lowe represented HP in the federal suit in San Jose. (Business Wire EON May 15, 2008)
Read the full story at PURE to Offer Property-Casualty Insurance for South Carolina's High-Value Homes : New Insurer Leverages Success in Other Complex Coastal Markets to Launch Its Expansion
Ross Buchmueller, president and chief executive officer with PURE Risk Management, today announced the South Carolina launch of Privilege Underwriters Reciprocal Exchange (PURE), a specialist insurer dedicated exclusively to serving the owners of high-value homes insured for more than $1 million. (Business Wire EON May 13, 2008)
Read the full story at Ocean Tomo CEO James Malackowski Named Top IP Professional by IP Law & Business Magazine : Malackowski Listed Among Top 50 U.S. IP Professionals under the Age of 45
Ocean Tomo, LLC today announced President & CEO James E. Malackowski was named a top intellectual property professional of 2008 by IP Law & Business Magazine. Malackowski was among 50 winners named to this year’s “Top 50 under 45” – a listing of those leading the U.S. IP industry under the age of 45. The list was published in the May issue of IP Law & Business, a prominent monthly publication serving the IP community. (Business Wire EON May 13, 2008)
Read the full story at Phillip Wasserman and Phillip Roy Financial Services Purchase Equity Index Annuity Clients and Firm of A