| Dallas-based Direct Pet Health to acquire assets of First Pet Life
DALLAS Direct Pet Health Holdings Inc. announced today the finalization and agreement to acquire certain assets of First Pet Life. Through this acquisition Direct Pet Health has acquired the insurance contract as well as the back end support of a trusted pet insurance company, enabling DPHG to start writing policies and generating revenue instantly. .
Mortgage Lawsuits Balloon - Mortgage Industry Insider from ...
DALLAS, April 9 /PRNewswire/ -- Mortgage litigation is growing, according to cases chronicled by http://www.mortgagedaily.com/ -- the dominant source of online news for the mortgage industry. DLJ Mortgage Capital filed a lawsuit against Sunset Direct Lending seeking nearly $24 million in repurchases, a spokesman for DLJ's parent told MortgageDaily.com. Another suit was filed against Infinity Home Mortgages for $3 million. The spokesman said in both cases the loans became delinquent shortly after purchase by DLJ. (http://www.mortgagedaily.com/LawsuitsDlj040207.asp?spcode=pr) Another lawsuit by DLJ for $4 million alleges NetBank failed to forward borrower payments, neglected to pay mortgage insurance and refused to comply with requests for mortgage insurance information, the spokesman said.
Medicare That Works to Your Advantage
Joe Cameron, 78, pays $93.50 a month for health insurance through a Medicare Advantage HMO. That's the same premium he would pay for Medicare Part B alone -- and he doesn't need to buy a Medicare-supplement policy and separate prescription-drug coverage. Five years ago, Cameron, who lives in Fort Worth, suffered a massive heart attack and was flown to Dallas for a bypass operation. His medical bills totaled more than $1.3 million -- but he paid only $2,300 out of pocket. Cameron now requires medications that could cost him more than $900 per month. But with generic substitutes and the coverage provided by his UnitedHealth SecureHorizons plan, his monthly cost is about $120. Cameron, who is back to playing golf twice a week, says that with all the complications, he's glad he didn't have to submit claims to multiple insurers.
GAINSCO/Bob Stallings Racing - Grand Prix Of Miami Review
VICTORIOUS! Round two of the 2007 Grand Am Series, the Mexico City 400k will be remembered as the most important race in the teams history. Gurney and Fogarty scored the teams long-awaited maiden victory, bringing home the win in one of the most thrilling finishes in Grand-Am history. OFF TO A STRONG START: Bob Stallings and his GAINSCO team have one goal in mind: they are committed to winning the 2007 Grand Am Championship. Theyre off to a strong start, since Alex Gurney shattered the Daytona track record, scoring the pole position for the 2007 Rolex 24 and he and his teammate followed that up with their first victory at Mexico City. The team jumped from 22nd to sixth in the championship point standings. HOME RUN FOR GAINSCO: GAINSCO Auto Insurance is one of the fastest growing auto insurers in the country, and Miami is a leading market for the Dallas, Texas-based company.
MedSurge Advances to Exhibit at Harris County Medical Society ...
MedSurge Advances will be exhibiting at the Harris County Medical Society Spring Business Expo 2007 in Houston, Tex. on Saturday, April 14. MedSurge Advances will provide interested physicians with information on medical spas, body-management centers, and integrating aesthetic procedures into their existing practices. Dallas (PRWeb) April 1, 2007 -- MedSurge Advances will exhibit at the Harris County Medical Society Spring Business Expo 2007 in Houston, Tex. on Saturday, April 14 to provide interested physicians with information on medical spas, body-management centers, and integrating aesthetic procedures into their existing practices. The company's booth number for the event, to be held at Reliant Center, is 44.
Many doctors today feel squeezed by financial pressures such as declining insurance reimbursements and rising malpractice insurance costs.
Insurance agency opens in Dallas
The Dawn Wilson Allstate Insurance agency has opened at 877 S. Main St. in Dallas. The agency offers a complete line of insurance products and services. Wilson has 11 years of insurance experience, most recently as an Allstate assistant to her husband. Wilson is a graduate of Western Oregon University. The office is open 9 a.m. to 6 p.m. Monday through Friday, 10 a.m. to 2 p.m. Saturday and evenings by appointment. Call (503) 623-7393. -- Kathie Hodges .
ATERAS awarded new conversion
Dallas (ANTARA News/PRNewswire-AsiaNet) - ATERAS announced today that they have been selected by Progressive Casualty Insurance Company for the Policy Number Expansion Project, using DB-Shuttle(TM) Enterprise Change capabilities. This project follows the successful ATERAS migration of Progressive's IDMS CORE Claims System to a CICS COBOL DB2 environment, retiring IDMS and ADS/Online completely. ATERAS will use its DB-Shuttle Enterprise Change technology to perform the Policy Number Expansion. The purpose of the project is to use a standard automated method to identify and change the field definition and length of 36 different DB2 columns (including policy number, name and address) across multiple databases in the Progressive Enterprise. DB-Shuttle's Enterprise Change technology will also find and change all related program variables, regardless of the variable naming conventions and the use of these fields in the business logic.
Discrimination in Insurance
Testimony on House Bill 247 began at 1:15 a.m. Tuesday morning, March 27th in the House Committee on Insurance. HB 247 would amend the Insurance Code to prohibit discrimination because of sexual orientation or gender identity or expression. Currently, insurers cannot discriminate based on race, color, religion, national origin, age, gender, marital status, geographic location, disability or partial disability. HB 247 would expand the prohibition of discrimination to include sexual orientation and gender identity or expression. HB 247 is authored by Rep. Roberto Alonzo (D-Dallas), who filed a similar bill in the 2005 Legislative Session. Tuesday's hearing represents the first time testimony has been heard on the bill by the House Committee on Insurance. Equality Texas strongly supports the measure, and helped coordinate testimony from Texans with a personal stake in the legislation.
GAINSCO Auto Insurance Drives into New Mexico
DALLAS, Texas - Mar. 15 (SEND2PRESS NEWSWIRE) -- Beginning today, New Mexico drivers will have access to high-quality, low-cost auto insurance from one of the nation's fastest-growing insurance carriers. GAINSCO Auto Insurance, which insures drivers across the Southern United States, has expanded its operations into New Mexico and will sell its personal auto policies through a network of independent insurance agents across the state. GAINSCO specializes in minimum-limits personal auto insurance, which allows drivers to purchase the legally required insurance coverage at minimum cost. Key benefits of GAINSCO's insurance include:* No credit scoring * Competitive rates with low down payments * Coverage for drivers with no prior insurance * Coverage for drivers with previous accidents, tickets, or violations * Coverage for young drivers * Liability and physical damage coverage * Older vehicles accepted * Flexibility to exclude household members upon request * Instant SR-22s (proof of insurance required for drivers who have been ticketed for driving without insurance)GAINSCO policies are sold only through independent agencies and serviced by bilingual claims and customer service representatives.
Consortium of Firms Working on Accutane Litigation
A lawyer representing people who claim that the acne drug Accutane caused them serious gastrointestinal diseases said his team is ready to try cases in Atlantic City, N.J. and Madison County, Ill., in April -- the first two cases of potentially hundreds to go to trial. Michael D. Hook of Hook Bolton Mitchell Kirkland & McGhee in Pensacola, Fla., who spent 20 years of his legal career mostly defending doctors, hospitals and insurance companies, said that he put together a consortium of firms to take to on Hoffman-LaRoche Inc. of Nutley, N.J. In the two cases set for trial in April, plaintiff Jason C. Piepart in Madison County alleges that Accutane caused his ulcerative colitis, and Andrew McCarrell in New Jersey had his entire colon removed, Hook said. In some cases, Hook also is suing doctors whom he claims should have known better than to prescribe Accutane.
Four years but he's free in months
Two people victimized by notorious white-collar criminal William George Kurk are wondering if he's pulled another fast one after getting a four-year prison sentence Friday that will likely see him out in eight months. "If he was to truly serve four years, that would be adequate," Gerald Aalbers said in an interview. He invested in the now bankrupt company which most recently got Kurk in trouble. However, Kurk will likely qualify for an "accelerated review" because the 38-year-old Regina man is serving his first stint in a federal prison and for non-violent crimes. (Charges of assault and threatening were stayed in exchange for Kurk's guilty pleas.) An accelerated review means that, by law, the National Parole Board must grant Kurk day parole after he serves one-sixth of his sentence.
Staying with Medicare will help keep it alive
Regular reader Martin Selig of Carle Place reminded me of a warning I had intended to convey about the problems with so-called Medicare Advantage plans.
The deadline for enrollment is March 31. He wondered whether an advertisement for one such plan - Liberty Advantage - isn't intended to "lure people away from government controlled Medicare and put them in the hands of private HMOs." The short answer, of course, is yes.
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