Governor Greg Abbott today announced that the Texas Department of Insurance, in response to his August 24 directive, identified actions to protect consumers and make property and casualty insurance more affordable for Texans. "The average annual homeowners' insurance premium in Texas rose 79 percent in six years," said Governor Abbott. Last month, Governor…
David Gorman of Dallas, Texas, has been installed as president of the National Association of Professional Insurance Agents.
Today, Senate Banking Committee Chairman Tim Scott held an executive session to consider terrorism insurance reauthorization and four of President Trump's nominees. Reflecting on the 25th anniversary of September 11 and his experience running an insurance business in South Carolina, Chairman Scott discussed coverage for businesses rebuilding after a…
U.S. stocks rose and recovered most of their losses for the week. Falling oil prices and easing pressure from the bond market on Thursday helped Wall Street reverse many of its moves from the prior day, when the Federal Reserve hiked its main interest rate for the first time in years and suggested more may be on the way. The yield on the 10- year Treasury fell to 4.93%.
Last month, I received a call from a man who desperately needed help with his father. The father had dementia, was living alone and had recently been admitted to the hospital. The medical team's recommendation was clear: He needed to move into an assisted living community, preferably memory care.
The suggestion came soon after Dean Cameron, the director of the Idaho Department of Insurance, started speaking to the Legislature’ s Health Insurers Working Group. A significant amount of complaints that the state agency receives against health insurers are related to claims being denied, along with pharmacy benefits and plan cancelations, according to…
After freezing new home insurance policies in California in 2022 and 2023, Allstate and State Farm are seeking a limited return to writing new residential policies. State Farm said it will consider issuing policies to homes that meet the strictest Insurance Institute for Business& Home Safety standards for wildfire safety, Lara’ s office said.
AM Best has assigned a Financial Strength Rating of A++ and a Long-Term Issuer Credit Rating of“ aa+” to Lasso Healthcare Insurance Company. The outlook assigned to these Credit Ratings is stable. The assessment also considers the financial support provided by its parent, HCC Life Insurance Company.
–Nearly 750,000 teachers, state employees, retirees, lawmakers active and retired, and members of higher education on Jan. 1 will have a new healthcare access through the State Health Plan and 12 Atrium Health hospitals in North Carolina. Members of the plan using primary care provided with Atrium Health can continue at no change in cost or benefit.
