AM Best has affirmed the Financial Strength Rating of A- and Long-Term Issuer Credit Ratings of“ a-” of Everspan Indemnity Insurance Company and its affiliates, collectively referred to as Everspan Group. The outlook of these Credit Ratings is stable. The ratings reflect Everspan Group’ s balance sheet strength, which AM Best assesses as very strong, as well as its…
A Slocomb man has been sentenced to federal prison after pleading guilty in April to charges of providing false information in connection with a federal crop insurance application, said U.S. Attorney Thomas Govan this week. Jonathan Lawrence Eubanks, 46, is sentenced to 18 months in prison for making a false statement to the Federal Crop Insurance…
Illinois homeowners and drivers will soon receive more warning before a large insurance increase— and, for the first time, state regulators will be able to challenge rates they determine are excessive or unfair. JB Pritzker signed two bills in August that change how Illinois regulates personal auto and homeowners insurance rates. Before these laws, Illinois…
Americans remain frustrated with high living expenses, driven by high gas prices and inflation. Even before the start of the Iran war, Americans felt gripped by an affordability crisis. The inflation rate has increased from 2.4% to 3.5%, and the average gas price has risen to more than $4 per gallon.
Key Points Trupanion has partnered with Home To Home®, a nonprofit direct pet-rehoming platform, to reach adopters right when a pet changes households. Home To Home adopters now get Trupanion’s educational resources on veterinary costs and pet insurance, plus an exclusive Exam Day Offer that activates coverage right after a pet’s first vet visit. Home…
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On Thursday, the case of Neil and Lacy West against State Farm Fire and Casualty Company was before Comanche County District Judge Grant Sheperd regarding two motions: to unseal what attorneys have called the "hot" documents, internal State Farm records at the center of the litigation, and whether State Farm CEO John Farney can be deposed in the case, a ruling…
AAA encourages students and parents to prepare before returning to campus by reviewing vehicle maintenance needs, insurance coverage, security precautions and available money-saving benefits. AAA says parents should discuss vehicle maintenance and emergency roadside situations with students before they head to college. AAA offers these car care tips…
The following information was released by the Henry J. Kaiser Family Foundation:. Authors: Michelle Long, Jeannie Fuglesten Biniek, Justin Lo, Rayna Wallace, Jada Raphael, Allison Kim, and Kaye Pestaina. In 2024, the Centers for Medicare and Medicaid Services published a final rule aimed at streamlining and automating the prior authorization process for almost…
Conducted in June for the Georgia Health Initiative, the survey found that more than 90% of Democrats and Republicans who responded had health insurance coverage. Yet concerns about rising costs crossed party lines, with 54% of Democrats and 38% of Republicans saying they were very or somewhat worried about being able to afford their monthly premiums over…
The ratings also recognise the wide range of support provided by KB Indonesia’ s parent, KB Insurance Co., Ltd., which is fully owned by KB Financial Group Inc.. The company’ s underwriting profit is supported mainly by business from Korea Interests Abroad and KB Group affiliates, while other local business adds moderate volatility. Despite deterioration in…
OKLAHOMA CITY— The two candidates hoping to secure the Republican nomination for insurance commissioner are vowing to address Oklahoma's soaring property insurance rates, but differ on how to approach the issue. Marty Quinn and Bob Sullivan, who will appear on GOP voter's Aug. 25 primary runoff ballot, both said their decades of experience in the insurance…
Luigi Mangione, the man accused of shooting and killing a health insurance executive on a Manhattan sidewalk, is expected to plead guilty in a federal case charging him with stalking, the New York Times reported Thursday, citing two people with knowledge of the matter. A guilty plea, which is not guaranteed, would avert a trial in the closely watched case over the…
Chris Tobin of Alliant Insurance Services was selected by Business Insurance as a 2026 Women to Watch honoree. "Chris has played an instrumental role in building and strengthening insurance and risk management programs that serve hundreds of real estate, healthcare, nonprofit, municipal and other public entity clients across the U.S., delivering…
