AM Best downgrades A-Cap insurers amid financial and regulatory troubles
INSURANCENEWSNET MAGAZINE
In this issue...
- How AI Is Changing Life Insurance
- Indexed Universal Life: Tax-Free Promise or Costly Illusion?
- The triumph of daily victories — With John Nichols
- Patrick Crayton’s New Insurance Playbook
- The power of independence in the high net worth market
- Turning awareness into action during Life Insurance Awareness Month
SPECIAL FEATURE
How to prepare for new AEP rules
As we head into this Annual Election Period, the biggest mistake you can make is to assume a plan that... Read More
From The Field
Boomers: You gotta fight for your right to prepare
The four questions to help form a plan for aging independently.
The post-AEP growth strategy every Medicare agent should know
Instead of waiting until January to begin prospecting, successful agents start planting the seeds now.
3 paths for employers to retain GLP-1 coverage in 2027
As more insurers limit GLP-1 coverage to patients for weight loss only, employers are searching for ways to preserve access for weight loss alone.
ADVISOR NEWS
How life insurance can provide liquidity for wealthy families
Life insurance can play a key role in a client’s financial plan, offering a source of liquidity that doesn’t depend on market conditions.
NEWSWIRES
AM Best Affirms Credit Ratings of Assurant, Inc. and Its Property/Casualty and Life/Health Subsidiaries
These companies are collectively referred to as Assurant P&C Group. At the same time, AM Best has affirmed the Long-Term ICR of“ a-”, all associated Long-Term Issue Credit Ratings, indicative Long-Term IRs and the Short-Term IR of Assurant. Concurrently, AM Best has affirmed the FSR of A and the Long-Term ICRs of“ a” of Assurant’ s credit and life/health subsidiaries:…
- AM Best Withdraws Credit Ratings of WellPoint Insurance Services, Inc.
- Duo who staged New York City car accidents sent to prison
- Colorado's Medicaid costs exceed budget by $443 million
- GOVERNOR LAMONT ANNOUNCES NEW STATE TAX CREDIT TO HELP SMALL BUSINESSES OFFER HEALTH INSURANCE
- CFO OUTLOOK: STEADY OVERALL BUT WEAKER FOR SMALL AND FINANCIALLY CONSTRAINED FIRMS
Annuity News
A-Cap strikes back with lawsuit accusing SC regulators of sloppy process, leaking secrets
In its own 32-page lawsuit, the A-Cap insurers accuse Wise of a prolonged and failed campaign to punish the companies. Read More
Life Insurance News
A-Cap insurers face new takeover push in South Carolina
South Carolina insurance regulators are taking another shot at placing two Advantage Capital Partners-owned insurers into rehab... Read More
Health/Employee Benefits News
Briner: Wake Med, Atrium Health merger threatens State Health Plan solvency
A day earlier, the Board of Commissioners in Wake County approved the hospital merger 5-2 in a five-hour meeting inclusive of d... Read More
As Health Insurance Costs Soar, Healthcare Workers Also Feel The Pinch
BOISE, Idaho— Joshua and Ashley Durham run a family medicine practice, and for the first time in their lives, they have no heal... Read More
IMPLEMENTATION OF MEDICAID IMMIGRANT ELIGIBILITY RESTRICTIONS UNDER THE 2025 RECONCILIATION LAW: ISSUES TO CONSIDER
Authors: Akash Pillai, Alisha Rao, and Samantha Artiga. The 2025 reconciliation law includes new eligibility restrictions for m... Read More
Property and Casualty News
AM Best Affirms Credit Ratings of Samsung Property & Casualty Insurance Company (China), Ltd.
The company is jointly owned by Samsung Fire& Marine Insurance Co. Ltd., Shenzhen Tencent Domain Computer Network Company L... Read More
New rules seek to establish uniform standards for public adjusters
A broad-based coalition of more than 16 established public adjusters, insurance attorneys and prominent industry professionals ... Read More
Gov. Jeff Landry announces new $20M grant program for fortified roofs in coastal Louisiana
Jeff Landry announced Monday that the state plans to redirect $20 million in federal funding originally meant for affordable ho... Read More
Insurtech News
AI skills in higher demand than MBAs in financial services
As artificial intelligence continues to take over the financial services industry, a new report by PwC found there is more dema... Read More
