G&K Services, Inc. reported operating results for the first quarter of its fiscal year 2014, which ended on September 28, 2013. Revenue in the quarter grew by 3.1 percent to $229.3 million, up from $222.4 million in last year’s first ...
Tags: Apparel Retailer, G&K Services
Global multiline property and casualty insurer ACE Group has reported net income of $916m, of $2.66 per share for the third quarter of 2013, up by 43.1% compared to $640m, or $1.86 per share, during the same period last fiscal. ACE ...
Tags: property insurer, casualty insurer
ACE USA has appointed Teresa Black as the new senior vice president & CEO of ACE USA Surety, to lead the underwriting team and develop and cultivate new client and broker relationships. Reporting to Stephen Haney, division president, ACE ...
Tags: Teresa Black, insurance industry
Zurich-based Swiss Reinsurance (Swiss Re) is reportedly looking for viable options to divest Aurora National Life Assurance Co, as the company seeks to exit the US life and health insurance market. People familiar with the matter were ...
Tags: Life Insurance, Swiss Reinsurance
Affordable Care Act (ACA) also known as Obamacare, the flagship complimentary health insurance program for all the US denizens, is proving to be a major setback for insurers, and nine insurance firms are pulling out of Nebraska medical ...
Tags: Insurers, Healthcare Insurance
The Guardian Life Insurance Company of America, a mutual life insurer and employee benefits provider, has rolled out its stop loss insurance product for employers that self-fund their own health plans. Guardian's Stop loss insurance ...
Tags: Life Insurance, Guardian
Allianz Global Assistance, a US travel insurance and assistance provider, has rolled out a new portfolio of Travel Insurance core retail plans marketed by travel agents. The company's 'Classic Plan' is now a suite of plans that comprises ...
Tags: Allianz, Enhanced Products
US-based insurer MetLife, Bank for Investment & Development of Vietnam (BIDV), and Bank for Investment and Development of Vietnam Insurance Corporation (BIC), have reached an agreement to form a life insurance joint venture (JV) in Vietnam. ...
eHealth, an online private health insurance exchange, has selected and inked a contract to integrate Intuit’s TurboTax (INTU), with its online health insurance comparison and enrollment tools. Following completion of the ...
Tags: Health Insurance, Service
Amerinet, a national healthcare solutions organization, has signed an agreement with All Medical Solutions (AMS), the Healthcare division of Fusion Systems North America, to make the AMS SPHER, a health insurance portability and ...
Securian Financial Group, a US-based financial services holding company, has established a new Voluntary Employee Benefits Group under Minnesota Life Group Insurance, in a bid to enhance its business footprint. The voluntary benefits ...
US-based UPMC Health Plan has inked an agreement with the Centers for Medicare and Medicaid Services (CMS) to offer its health insurance coverage through Qualified Health Plans (QHP) on the Federal Health Insurance Marketplace. Under the ...
Tags: Health Plan, Insurance
Religare Health Insurance has signed an insurance distribution agreement with Union Bank of India, whereby it products and services will sold by the bank branches. Union Bank of India executive director SK Jain said, "Union Bank becomes ...
Tags: Insurance, Health Insurance
ACE has received a license from the Tunisian Ministry of Finance to set up its reinsurance operation in the country, which is part of its continued strategy to boost business across Middle East and North Africa (MENA) region. The global ...
Tags: Insurance License
The Tire Industry Association (TIA) has announced a self-funded group employee benefits solution for its members through an alliance with The Association Benefits Solution (TABS). "TIA has been exploring solutions to the health insurance ...
Tags: Auto Parts