One of the biggest changes this year, for instance, came in the amount workers pay toward their own coverage, rising an average of 9% to $7,471 annually for a family, according to a broad annual survey released Oct. 22 by KFF, a health information nonprofit that includes KFF Health News. Their employers, too, faced additional costs, with the average family coverage…
"Defiance Injury Law PLLC managing attorneys Holly D. Brauchli, Jeffrey H. Richter, and Nicholas R. Andrews" With Holly D. Brauchli, Jeffrey H. Richter, and attorney Bekah Young, the Seattle law firm brings additional litigation experience to complex injury cases while introducing a closer examination of liability beyond commercial trucking insurance policies….
They generally follow the trajectory of the 10- year Treasury yield, which lenders use as a guide to pricing home loans. Mortgage rates have been climbing since late February, when the U.S. war with Iran began, pushing up the price of oil and driving inflation higher. The run-up in rates also reflects heightened bond market volatility, which has pushed up yields on…
Wes Moore and Republican gubernatorial nominee Dan Cox pledged Thursday to protect the rights of Marylanders with disabilities and respond to changes in federal disability policy as they outlined plans to improve access to healthcare, transportation and voting. A recent report by Spotlight on Maryland found that more than 200 appeals involving people…
The U.S. Department of Justice on Thursday announced charges against 15 people, including six medical professionals, for allegedly participating in schemes that collectively submitted $2 billion in fraudulent health care claims to private and public insurers. The largest of the cases involved $1.6 billion in billings for what the DOJ described as "sham…
AM Best has revised the outlook to stable from negative for the Long-Term Issuer Credit Ratings and affirmed the Financial Strength Rating of A and the Long-Term ICRs of“ a+” for the members of Ohio Mutual Insurance Group. The outlook of the FSR is stable. See below for detailed listing of these companies and Credit Ratings.
OP Bancorp, parent company of Open Bank, today reported:. Sang K. Oh, President and Chief Executive Officer:. Net interest income increased by $2.1 million, or 11%, primarily driven by continued loan growth and the normalization of Federal Reserve Bank account income following a prior-quarter accrual adjustment.
Selective Insurance Group, Inc. reported financial results for the third quarter ended September 30, 2026, with net income per diluted common share of $2.11 and non-GAAP operating income 1 per diluted common share of $2.37. These results reflect our disciplined underwriting approach and continued progress to improve profitability,” said John J. Marchioni,…
Universal Insurance Holdings reported third quarter 2026 results. "Subsequent to quarter end, Hurricane Isaias made landfall near Destin in the western Florida Panhandle as a Category 2 hurricane before quickly weakening as it moved inland. Net income available to common stockholders was $52.5 million, compared to net income of $39.8 million in the prior…
AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of Maxseguros EPM Ltd.. Maxseguros, established in Bermuda in 2008, is a single-parent captive insurer wholly owned by EPM, which is owned by the Colombia municipality of Medellín. EPM is the largest power generation and multi-utility company in Colombia.
AM Best has affirmed the Performance Assessment of PA-3 of First Indemnity Insurance Agency, Inc.. The outlook of the assessment is stable. The assessment reflects First Indemnity’ s strong underwriting capabilities, strong governance and internal controls, strong financial condition, strong organizational talent and its strong depth and breadth of…
1. New Zealand inflation came in below expectations earlier today. The New Zealand inflation miss has not removed expectations of another RBNZ hike. Traders are becoming more cautious ahead of next week’ s central-bank meetings, with holds expected from the Fed, ECB, and Bank of Japan. EUR/USD is trading around 1.1245, with most trend traders poised to exit their…
Health insurer AmeriHealth Caritas will begin offering plans on Ohio’ s Health Insurance Marketplace in 2027, expanding access to health coverage in all the state’ s largest metro areas, according to a press release from the company. “Ohio families deserve meaningful choices when it comes to their health coverage,” said Andy Marino, senior vice president of…
BOISE— Legislators held a final meeting for the Idaho Health Insurers Working Group on Wednesday, Oct. 14, hearing a broad overview on the standing of Idaho hospitals and making recommendations on future legislation, including around prior authorization reform. The group was initially formed during the legislative interim to respond to a dispute between…
