AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a+” of Symetra Life Insurance Company and its subsidiary, First Symetra National Life Insurance Company of New York, together referred to as Symetra Life Group. Concurrently, AM Best has affirmed the Long-Term ICR of“ bbb+” and the Long-Term Issue Credit Rating of“ bbb+”…
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AM Best will be a sponsor and exhibit at the 2024 National Association of Independent Insurance Adjusters National Conference which will take place May 7-10, 2024, at the Hyatt Regency San Antonio Riverwalk in San Antonio, TX.. The National Association of Independent Insurance Adjusters is an association of independently owned property/casualty…
AM Best has downgraded the Financial Strength Rating to A- from A and the Long-Term Issuer Credit Ratings to“ a-” from“ a” of Farm Bureau County Mutual Insurance Company of Texas and Texas Farm Bureau Casualty Insurance Company. At the same time, AM Best has removed from under review with negative implications and affirmed the FSR of A- and the Long-Term ICRs of“ a-” of…
Agency: " Bureau of Ocean Energy Management, Interior." SUMMARY: The Department of the Interior, acting through the Bureau of Ocean Energy Management, is amending its risk management and financial assurance regulations. This final rule significantly increases the amount of financial assurance available to the U.S. Government in the case of a lessee default and…
–Heffernan Insurance Brokers, one of the largest full-service, independent insurance brokerage firms in the United States, is thrilled to unveil its newly redesigned website. Boasting a contemporary look, upgraded functionality, and an immersive user experience, the revamped site ensures seamless navigation and effortless access to essential…
Brighthouse Financial, Inc. today joined BlackRock, Inc. in announcing BlackRock's LifePath Paycheck TM solution is now available in defined contribution plans. Brighthouse Financial is one of two insurers that have been selected by BlackRock as it delivers LifePath Paycheck TM, which is designed to provide millions of American workers with simplified…
The Community Care Hub of Indiana was a partnership between the state's 16 Area Agencies on Aging, the decades-old local organizations tasked with easing Hoosier burdens as they age by connecting them with resources such as home health aides or transportation. As one entity, Community Care Hub conferred with the three Managed Care Entities contracted by the…
Orion180, a leading innovator in the insurance industry, is pleased to announce the expansion of its homeowners insurance services to Arizona. Orion180 currently operates in Alabama, Arizona, Georgia, Indiana, Mississippi, North Carolina and South Carolina through its two insurance carriers. Through Orion180 Select Insurance Co., an admitted insurance…
The state insists it's on track to launch its Medicaid managed care program for Hoosiers over the age of 60 by July 1, but others aren't so certain following the end of talks between the two parties. As one entity, Community Care Hub conferred with the three Managed Care Entities contracted by the state to launch Indiana's PathWays for Aging, a managed care…
Piedmont Community Health Plan, Inc., based in Lynchburg Virginia, announced Thursday, April 18, that after December 31, 2024, its carriers, Piedmont Community Healthcare, Inc. and Piedmont Community Healthcare HMO, Inc., will discontinue offering small and large group commercial health insurance and Piedmont itself will discontinue offering…
QMedic analyzed data from the Commonwealth Fund's 2023 Health Care Affordability Survey to illustrate how many Americans are putting off health care due to cost. Half of all working adults surveyed by the Commonwealth Fund reported that it was "very or somewhat difficult to afford their health care" costs, including those with employer-sponsored health…
Lisa McElhone, 44, of Philadelphia, told a federal judge Monday that she dodged taxes owed in Pennsylvania by lying on tax forms about where she and her husband lived. Though they spent most of their time at their $2.5 million Haverford home and, in his case, working out of Par Funding's Old City offices, the couple claimed to be residents of Florida, which has no state…
Apr. 23— ALBUQUERQUE— An unregistered Santa Fe investment adviser dubbed a "mini-Madoff" by his victims was sentenced Tuesday to four years in federal prison for securities and wire fraud tied to a Ponzi scheme that played out over two decades. Douglas Lien, 82, also will have to pay nearly $5 million to 23 living victims who requested restitution and serve three…
This page provides announcements from The Bermuda Stock Exchange and regulatory news filings by issuers listed on the BSX. Please note the BSX is not responsible for the content, accuracy or completeness of announcements filed by issuers and disclaims all liability for any loss arising from reliance on information contained within issuer announcements….
Great American Insurance Group is pleased to announce the formation of a dedicated embedded insurance team. For additional information, visit our website, or email Chris Banocy at [email protected] or Darnella Schutzman, Divisional Assistant Vice President, at [email protected]. About Great American Insurance Group.
–CareSource, a nationally recognized nonprofit managed care organization, announced today the appointment of Fred A. Schulz to Chief Operating Officer. He is a member of the company’ s executive leadership team and reports to CareSource President and CEO Erhardt Preitauer. In this role, Schulz will leverage his vast experience in government health care…
–Alaffia Health, the leader in generative AI for health plan claim operations, today announced $10 M in Series A funding, bringing its total amount of capital raised to $17.6 M. The round was led by FirstMark Capital, with participation from GingerBread Capital and existing investors including Anthemis, Aperture Venture Capital, 1984 Ventures, Remarkable…
What tips can you offer retirees with health issues who are planning some trips? If you're traveling abroad, the U.S. consulate or embassy in the countries you're visiting is a good place to get a referral. Or use the International Society of Travel Medicine's directory at ISTM.org.
CHICAGO, April 24, 2024/ PRNewswire-PRWeb/– Convr AI ®, the leading artificial intelligence company serving commercial insurance organizations is enabling underwriting leaders to take the future of their underwriting operations into their own hands by empowering them to calculate their ROI opportunities with Convr AI. "Our online ROI calculator gives a…