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Sun Life Financial Inc. (NYSE:SLF) announced that Donald A. Stewart, Chief Executive Officer, will retire on November 30, 2011. Mr. Stewart will also retire from the Sun Life Board in accordance with Company policy. Dean A. Connor, Chief Operating Officer, has been appointed President and a member of the Board of Directors of the Company. Mr. Connor will work closely with Mr. Stewart until Mr. Stewart's retirement, and be appointed President and Chief Executive Officer effective December 1, 2011.
Sun Life Financial is a leading international financial services organization providing a diverse range of protection and wealth accumulation products and services to individuals and corporate customers.For more information please visit www.sunlife.com.
StanCorp Financial Group, Inc. (NYSE:SFG) announced it will release second quarter 2011 financial results on Thursday, July 21, 2011, following the close of the market. The press release will be available shortly thereafter on the Company's website at www.stancorpfinancial.com. StanCorp management will also hold an investor and analyst conference call to review StanCorp's second quarter 2011 results on Friday, July 22, 2011, at noon Eastern time (9:00 a.m. Pacific time).
StanCorp Financial Group, Inc., through its subsidiaries, provides group insurance products and services in the United States. The company operates in two segments, Insurance Services and Asset Management. StanCorp Financial Group was founded in 1998 and is headquartered in Portland, Oregon.
National Health Partners, Inc. (OTC:NHPR)
National Health Partners, Inc., a leading provider of discount healthcare membership programs, announced the recent signing of two new significant marketing agreements. These two clients provide very different opportunities and continue to expand the reach of CARExpress into new marketplaces.
By launching their own unique internet marketing program, the first group should be able to provide a widespread push into the on-line market to produce an excellent volume of new CARExpress sales into the pipeline. In addition, the second group offers a reach into the wholesale marketplace where CARExpress will be wrapped into other programs to enhance the value of the overall package to the consumer. They would consider this non-traditional business and a great opportunity to expand their reach as well as recognition of the CARExpress program nationwide.
The company plans to announce the rollout of these new marketing campaigns as well as several others over the next few weeks.
Health care costs are far higher in the United States than in any other advanced nation, whether measured in total dollars spent, as a percentage of the economy, or on a per capita basis. And health costs here have been rising significantly faster than the overall economy or personal incomes for more than 40 years, a trend that cannot continue forever.
National Health Partners, Inc. is a national healthcare savings organization that provides discount healthcare membership programs to uninsured and underinsured people through a national healthcare savings network called "CARExpress." CARExpress is one of the largest networks of hospitals, doctors, dentists, pharmacists and other healthcare providers in the country and is comprised of over 1,000,000 medical professionals that belong to such PPOs as CareMark and Aetna. National Health Partners, Inc primary target customer group is the 47 million Americans who have no health insurance of any kind. The company's secondary target customer group includes the millions of Americans who lack complete health insurance coverage.
For more information about National Health Partners, Inc. visit its website at www.nationalhealthpartners.com
American Electric Power Co., Inc. (NYSE:AEP) has named Lisa Barton executive vice president - AEP Transmission, effective Aug. 1. Barton currently is senior vice president - transmission strategy and business development for AEP. Barton, 45, will have responsibility for the transmission organization, including transmission operations and new transmission business ventures, and will report to Nick Akins, AEP president. She will be replacing Susan Tomasky, who is retiring as president - AEP Transmission. Barton also serves as president of Electric Transmission America (ETA), a joint venture between AEP and MidAmerican Energy Holding Company.
American Electric Power Company, Inc., together with its subsidiaries, engages in the generation, transmission, and distribution of electric power to retail customers. American Electric Power Company, Inc. was founded in 1906 and is based in Columbus, Ohio.
Tower Group, Inc. (Nasdaq:TWGP) announced that it expects to include in its second quarter earnings results $8 million in pre-tax charges from the unusually severe weather activity that occurred in April, May and early June 2011. Tower expects the weather-related losses will reduce its second quarter earnings by $0.13 per share. Tower expects 2011 operating earnings per share to be at the lower end of its previously announced range of $2.70 to $2.90.
Tower Group, Inc. offers diversified property and casualty insurance products and services through its operating subsidiaries. Its insurance company subsidiaries offer insurance products to individuals and small to medium-sized businesses through its network of retail and wholesale agents and specialty business through program underwriting agents.For more information visit Tower's website at http://www.twrgrp.com/
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