CalOptima Health, Orange County "s health insurer for the poor, will be added next year to the medical insurance plans offered by Covered California. The move means that CalOptima members who lose their Medi-Cal coverage can stay with CalOptima— and its doctors— through Covered California, the health insurance marketplace established by the Affordable Care…
Neptune Insurance Holdings Inc., the parent company of Neptune Flood Incorporated, has released its financial results for the second quarter of 2026 by posting an update on its Investor Relations website. Revenue growth of 33% to a record $55.9 million Net income increase of 36% to a record $15.8 million Net income margin of 28% Adjusted net income* growth of…
SPRINGFIELD, Ill.& CLEVELAND—- Horace Mann Educators Corporation and Medical Mutual of Ohio today announced they have entered into two separate agreements under which Horace Mann will acquire the employee assistance provider Employee Services, LLC through the acquisition of ESI membership interests, and separately, will acquire an individual…
American Integrity Insurance Group, Inc., a Tampa- based property and casualty insurance holding company and one of Florida’ s leading providers of residential property insurance, today announced that its Founder and Chief Executive Officer, Bob Ritchie, has been named PropertyCasualty360’ s 2026 Thought Leader of the Year in the Insurance Carriers category.
—More gains for makers of computer chips and other AI winners carried Wall Street higher. Brent crude oil’ s price got near $92 for the first time in five weeks because of continued attacks in the war with Iran. That’ s up from less than $72 early this month and helped push Treasury yields higher in the bond market.
AMERISAFE, Inc., a specialty provider of workers’ compensation insurance focused on high-hazard industries, today announced results for the second quarter ended June 30, 2026. Net investment income decreased 2.4% to $6.5 million for the quarter, driven by lower average investable assets compared to the prior-year period, primarily due to capital returned…
AM Best has assigned a Financial Strength Rating of A- and a Long-Term Issuer Credit Rating of“ a-” to Epsilon Reinsurance Company Ltd.. Epsilon Re is owned by Panama-domiciled Bardigiano Corp., a pure holding company. Since 2024, the company initiated its internationalization process, incorporating operations in Colombia and Dubai.
Steve McBee Sr., the patriarch of the Missouri family featured in the Bravo reality series,“ McBee Dynasty: Real American Cowboys,” will be released from his two-year prison sentence one year early, his son tells Page Six. McBee Sr. pleaded guilty to one count of federal crop insurance fraud in 2024 in U.S. District Court in Kansas City. He was ordered to pay back about…
Richard Blumenthal, a Democrat from Connecticut, and Sen. Josh Hawley, a Republican from Missouri, sent letters this past week to the CEOs at these insurance companies, demanding more information about their process for denying or approving these coverage requests. Last month, a new report from the Office of Inspector General at the U.S. Department of Health and…
These changes are contrary to Vermont's long-held "community rating" which mandates that all people in the same group pay the same amount. Prior to the establishment of Vermont's community rating, insurers denied coverage to people, refused to cover current and pre-existing conditions, and charged women higher rates than men. Governor Scott's focus on the…
Health insurance is taking a growing bite out of Wyoming paychecks, and residents say the financial strain is reaching a breaking point. Data compiled by WalletHub, a personal finance company, claims average health insurance premiums is 17% of the median household income in Wyoming. In Wyoming, a mid-level "silver" plan— which offers "low premiums and moderate…
Health insurance is taking a growing bite out of Wyoming paychecks, and residents say the financial strain is reaching a breaking point. Data compiled by WalletHub, a personal finance company, claims average health insurance premiums is 17% of the median household income in Wyoming. In Wyoming, a mid-level "silver" plan— which offers "low premiums and moderate…
Odyssey Group Holdings, Inc. today announced leadership changes at its U.S. insurance subsidiary, Hudson Insurance Group. After more than two decades with the Company, Chris Gallagher has decided to retire from Hudson, effective October 1, 2026, to pursue other career opportunities. As part of Hudson’ s succession plan, Trevor Howard will be appointed chief…
