CM Regent® to Provide Financial Relief to Policyholders
CDC & FDA Daily
2020 MAY 19 (NewsRx) -- By a News Reporter-Staff News Editor at CDC & FDA Daily -- Recognizing the financial strain caused by the COVID-19 pandemic, CM Regent Insurance Company has announced it will provide financial relief to its customers.
Reflecting a three-month period from mid-March 2020 through mid-June 2020, CM Regent will issue a credit of 15% on earned liability premium associated with all Pennsylvania public school commercial auto policyholders. Credits are expected to be applied in early June 2020. Policyholders do not need to take action to receive the credit, which will be issued automatically.
“Our customers are vital to the education and development of our children,” said Bob White, president of CM Regent. “We understand the challenges our customers are facing because of COVID-19, and this is an important way we can help.” About CM Regent With nearly 50 years of experience solely insuring educational institutions, the entire CM Regent Insurance Company team is uniquely trained to understand the challenges and protection of schools. Our comprehensive, flexible coverage and financial stability allow school administrators the peace of mind to focus on their mission, knowing we are experts at protecting them.
(Our reports deliver fact-based news of research and discoveries from around the world.)
Ramsey County records first COVID-19 death
Federal Flexible Spending Account Program (FSAFEDS) Administration Services (MULTI-AGENCY CONTRACT)
Advisor News
- Addressing the ‘menopause tax:’ A guide for advisors with female clients
- Alternative investments in 401(k)s: What advisors must know
- The modern advisor: Merging income, insurance, and investments
- Financial shocks, caregiving gaps and inflation pressures persist
- Americans unprepared for increased longevity
More Advisor NewsAnnuity News
- Globe Life Inc. (NYSE: GL) Making Surprising Moves in Monday Session
- Aspida Life and WealthVest Offer a Powerful New Guaranteed Income Product with the WealthLock® Income Builder
- Lack of digital tools drives wedge between insurers, advisors
- LIMRA: Annuity sales notch 10th consecutive $100B+ quarter
- AIG to sell remaining shares in Corebridge Financial
More Annuity NewsHealth/Employee Benefits News
- Symetra Names Jeff Sealey Vice President, Stop Loss Captives
- Novus Capitalizes on Cannabis Rescheduling, Releases Q1 2026 Growth
- We can't afford to let Democrats lead health care 'reform' | Opinion
- Expanding Medicaid coverage lowered death rates for young adults with kidney failure
- GLP-1s: Rewriting the relationship between pharmacy benefits and stop-loss
More Health/Employee Benefits NewsLife Insurance News
- Symetra Names Jeff Sealey Vice President, Stop Loss Captives
- 3 ways AI can help close the gap for women’s insurance coverage
- Best’s Market Segment Report: AM Best Revises Outlook on Italy’s Life Insurance Segment to Stable From Negative
- Globe Life Inc. (NYSE: GL) Making Surprising Moves in Monday Session
- Dan Scholz to receive NAIFA’s Terry Headley Lifetime Defender Award
More Life Insurance News