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Mortgage Guaranty Insurance Industry News

AMA President Kicks Off AMA Meeting Focused on Health Reform (4:17:00pm Sat Nov. 7, 2009 CDT)

HOUSTON, Nov. 7 /PRNewswire/ -- Calling this a "defining moment" for the American Medical Association (AMA), the AMA President J. James Rohack, M.D., today addressed medical students and fellow physicians from all state and medical specialty societies at the opening of the AMA's semi-annual policy-making meeting, where health system reform will top the agenda. ...

/C O R R E C T I O N -- Wyncrest Group, Inc./ (6:13:00pm Fri Nov. 6, 2009 CDT)

In the news release, The Wyncrest Group, Inc. Grows Sales Force by 59%, Further Diversifying its Operations and Adding Shareholder Value, issued 06-Nov-2009 by Wyncrest Group, Inc. over PR Newswire, we are advised by the company that all mentions of SFG should be replaced with the full company name, Southwest Financial Group. The complete, corrected release follows: ...

The Wyncrest Group, Inc. Grows Sales Force by 59%, Further Diversifying its Operations and Adding Shareholder Value (5:18:00pm Fri Nov. 6, 2009 CDT)

CHICAGO, Nov. 6 /PRNewswire-FirstCall/ -- The Wyncrest Group (Pink Sheets: WNCG), a leader in niche insurance and financial products and services, announced that it grew the number of sales representatives by 59%. The company's wholly owned operating subsidiary, Southwest Financial Group (SFG), recruited an additional 50 agents from across the country to its sales force during the past month. The additional agents raise the total number of agents SFG contracts to approximately 135 people. The agents were contracted in order to meet the growing demand from the market and to further diversify its operations. ...

Philadelphia Insurance Companies to Host New York Product Fair (4:20:00pm Fri Nov. 6, 2009 CDT)

BALA CYNWYD, Pa., Nov. 6 /PRNewswire/ -- Philadelphia Insurance Companies (PHLY) will be hosting a product fair at the Cradle of Aviation Museum in Garden City, NY on November 9, 2009 from 3:00 p.m. - 5:30 p.m. The product fair is an open house-style event for insurance agents highlighting all of PHLY's products, including our newest Pest Control, Environmental, and Security Services (The Guardian). Agents are encouraged to attend to learn more about products, coverages and meet with PHLY representatives. Additionally, attendees will have the opportunity to participate in a food drive to benefit Island Harvest, the largest hunger relief organization on Long Island. ...

John Harris Joins Guarantee Insurance Company as Director of Underwriting (2:24:00pm Fri Nov. 6, 2009 CDT)

FORT LAUDERDALE, Fla., Nov. 6 /PRNewswire/ -- Guarantee Insurance Company, a subsidiary of Patriot Risk Management, Inc. announced today that John Harris, an executive with broad experience in workers' compensation insurance, has joined its leadership team as Director of Underwriting. In his new role, Mr. Harris will be responsible for leading Guarantee's alternative market and traditional workers' compensation underwriting departments. ...

Lockton and Concentra Working Together to Lower Healthcare Costs for Employers (1:45:00pm Fri Nov. 6, 2009 CDT)

DALLAS, Nov. 6 /PRNewswire/ -- Lockton Benefit Group, the health and welfare benefits consulting arm of Lockton Companies, LLC, today announced employer health cost reduction initiatives through health risk management in collaboration with U.S.-based healthcare company Concentra. ...

Farmers IdeaPoint Initiative Wins First Place 2009 INNovators Award From Insurance Networking News Magazine (1:43:00pm Fri Nov. 6, 2009 CDT)

LOS ANGELES, Nov. 6 /PRNewswire/ -- Insurance Networking News magazine has released the results of its 2009 INNovators Award, a distinctive designation intended to advance the spread of business and technology acumen in the insurance industry, and Farmers Insurance Group of Companies® has received first place recognition for its IdeaPoint Initiative program. ...

National Western Life Announces 2009 Third Quarter Results (11:51:00am Fri Nov. 6, 2009 CDT)

AUSTIN, Texas, Nov. 6 /PRNewswire/ -- Ross R. Moody, President of National Western Life Insurance Company (Nasdaq: NWLI), announced today third quarter 2009 consolidated net losses of $1.1 million, or $0.32 per diluted Class A share, compared with consolidated net losses of $9.8 million, or $2.78 per diluted Class A share, reported for the third quarter of 2008. Consolidated net earnings for the first nine months of 2009 were $32.8 million, or $9.28 per diluted share, compared with $22.8 million, or $6.42 per diluted share, reported a year ago. The Company's book value per share at September 30, 2009 increased to $302.96. ...

Aon Consulting Hires Leader for South Korea (10:43:00am Fri Nov. 6, 2009 CDT)

SINGAPORE, Nov. 6 /PRNewswire-FirstCall/ -- Aon Consulting, the global human capital consulting organization of Aon Corporation (NYSE: AOC), today announced that opinion leader and industry veteran Dr. Ki Ryung (Charlie) Kim has joined the firm as Chief Executive Officer of Aon Consulting Korea. ...

Allied World's Nicole Baummer and Marjorie Thompson to Speak at PLUS International Conference (10:30:00am Fri Nov. 6, 2009 CDT)

PEMBROKE, Bermuda, Nov. 6 /PRNewswire-FirstCall/ -- Allied World Assurance Company Holdings, Ltd (NYSE: AWH) announced today that Allied World U.S.' Nicole Baummer, Assistant Vice President for Private/Not-for-Profit & Governmental Claims and Marjorie Thompson, Vice President, Professional Lines Claims, will be speaking at this year's Professional Liability Underwriting Society (PLUS) international conference, to be held in Chicago, Illinois, November 11-13, 2009. ...

Former House Speaker Newt Gingrich Shares Insights on Healthcare Reform and the Federal Pay Czar with BulletproofBlog.com (10:22:00am Fri Nov. 6, 2009 CDT)

WASHINGTON, Nov. 6 /PRNewswire/ -- Bulletproof Blog, the nation's premier high-stakes communications blog, published an interview today with former Speaker of the U.S. House of Representatives Newt Gingrich on the latest legislative and regulatory developments to effect America's business landscape. ...

American Income Life Interviews for 1,000 Additional Sales and Sales Management Openings (10:10:00am Fri Nov. 6, 2009 CDT)

COLUMBUS, Ohio, Nov. 6 /PRNewswire-FirstCall/ -- American Income Life Insurance Company (AIL), a wholly-owned subsidiary of the Torchmark Corporation (NYSE: TMK) announces Local Job Fair. AIL has experienced continuous expansive growth and is seeking to contract many additional sales and sales management positions. Position compensation is performance-based and includes opportunities for bonuses. ...

Auto-Owners Again Ranks Highest in J.D. Power and Associates Auto Claims Study (9:02:00am Fri Nov. 6, 2009 CDT)

LANSING, Mich., Nov. 6 /PRNewswire/ -- For the second straight year, Auto-Owners Insurance Company ranked highest in customer satisfaction with the auto insurance claims experience in a nationwide study conducted by J.D. Power and Associates in 2009. Auto-Owners scored 883 on a 1,000-point scale. ...

MIB Life Index Reports North American Life Insurance Activity Up 2.4% in October (8:00:00am Fri Nov. 6, 2009 CDT)

BRAINTREE, Mass., Nov. 6 /PRNewswire/ -- North American application activity for individually underwritten life insurance was up +2.4% in October year-over-year, according to the MIB Life Index(SM). While the Index lagged prior year's results for the first two quarters of 2009, July and August activity was flat with solid gains posted in September (+1.2%) and October, year-over-year. Year-to-date (YTD) application activity is off -0.5% compared to the same ten months in 2008. October's application activity was up +3.7% over this past September. ...

Highmark to Open Two Worksite Health Centers at Company Facilities (7:00:00am Fri Nov. 6, 2009 CDT)

CAMP HILL, Pa., Nov. 6 /PRNewswire/ -- In an effort to reduce the company's health care costs and to get employees more engaged in their own health care decisions, Highmark Inc. is opening two worksite health centers. The first center opens in its Camp Hill facility today and the second will open at the company headquarters in Pittsburgh on Nov. 20. The health centers will offer Highmark employees a variety of services including primary care, vaccinations, physical therapy, and a pharmacy. ...

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