LDS Chapel Renovation Wins Local Award

The renovation of the LDS Tenth Ward Chapel in Salt Lake City was awarded a merit award by the Salt Lake Historic Landmark Commission. The award recognizes projects that exceed the design standards for historic districts and buildings listed on the Salt Lake City Register of Cultural Resources.

Franklin Covey Will Provide Daily Olympic News During Games

Professional services firm Franklin Covey, founded by planning and consulting experts (and LDS Church members) Hyrum Smith and Stephen R. Covey, will provide PDA users with instant Olympic news and information through "beaming stations" located in its Utah FranklinCovey stores. The beaming stations will provide access to the Deseret News' SLC Mobile service. The system supports PDAs using the Palm 3.5 operating system or higher that are located within 15 feet of the beaming stations.

LDS Church-owned Beneficial Life Maintains Insurance Rating

Beneficial Life Insurance Co. has had its 'AA-' financial rating renewed by the insurance rating company Fitch. The rating, based on the company's overall financial strength, is used by customers and insurance agents in assessing an insurers ability to pay benefits. The outlook for changes in the rating is listed as 'stable.'

LDS-owned Health Insurer Signs Generic Drug Deal

Deseret Mutual Benefit Administrators, the health insurance company owned by the LDS Church that serves its employees and those of the companies it owns, has signed an agreement with pharmaceutical giant Merck-Medco for its Generics First program. The program seeks to cut costs by introducing generic drugs to local physicians. Under the program, first introduced by Merck-Medco elsewhere, physicians increased generic prescriptions over identical name-brand drugs by more than 20%.

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