AM Best has affirmed the Financial Strength Ratings of A and the Long-Term Issuer Credit Ratings of“ a” of Gulf Insurance Group K.S.C.P. and Gulf Insurance and Reinsurance Company K.S.C.. GIG- Kuwait is a composite insurer with a leading position in Kuwait’ s insurance market. GIG now holds market-leading positions in Kuwait, Jordan and Bahrain, and is a top five…
National Health Insurance was one of the hot topics at the 2022 Public Health Association of South Africa Conference recently held in Durban. While several speakers and attendees expressed support for the principles underpinning NHI, many also expressed reservations. Quality is not just sub-optimal, but it's actually bad for health, bad for dignity, bad for…
About 43% of working-age adults were "inadequately insured" in 2022, meaning they were uninsured, had a gap in coverage in the past year or couldn't afford care even with insurance, according to new research by the Commonwealth Fund, a health-care policy nonprofit. "Having health insurance isn't enough," Sara Collins, a vice president at the Commonwealth Fund and…
SAFETY INSURANCE GROUP, INC. ANNOUNCES INTENT TO ACQUIRE NORTHEAST METROWEST INSURANCE AGENCY. Boston, Massachusetts, October 6, 2022. Safety Insurance Group, Inc. today announced the execution of a non-binding Letter of Intent to acquire, through a wholly-owned subsidiary, the assets and operations of Northeast Insurance Agency, Inc.
Safety Insurance Group, Inc. today announced the execution of a non-binding Letter of Intent to acquire, through a wholly-owned subsidiary, the assets and operations of Northeast Insurance Agency, Inc. George M. Murphy, President and Chief Executive Officer, commented:“ Safety is proud of our history as an independent agency company and remains committed to the…
New Jersey, USA—- 10/06/2022– The latest study released on the Global Accident and Illness Pet Insurance Market by AMA Research evaluates market size, trend, and forecast to 2027. The Accident and Illness Pet Insurance market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key…
New Jersey, NJ—- 10/06/2022– The Latest research study released by HTF MI "Global and Regional Agricultural Crop Insurance Market" with 100+ pages of analysis on business Strategy taken up by key and emerging industry players and delivers know how of the current market development, landscape, technologies, drivers, opportunities, market viewpoint and status.
–Talcott Financial Group, an international life insurance group and the insurance industry's trusted partner for comprehensive risk solutions, today announced a reinsurance transaction between its subsidiary, Talcott Resolution Life Insurance Company, and The Guardian Insurance& Annuity Company, Inc., a wholly owned subsidiary of The Guardian Life…
Insurance Technologies, LLC, a provider of sales and regulatory automation solutions for the life and annuity industry, announced that Aspida Life Insurance Company, a life insurance and annuity company, plans to use Insurance Technologies’ digital sales platform, FireLight, to help distribute its WealthLock℠ suite of annuity products to the broker-dealer…
Oct. 6— The owner of a Scranton auto repair shop is among 19 people arrested in connection with a wide-ranging scheme to falsify car title reports that resulted in stolen and heavily damaged vehicles being sold to unknowing consumers, the state Office of Attorney General announced today. George Frietto, 75, of Old Forge, of George's Garage at 531 Keyser Avenue,…
Elpha Secure Technology Inc., the first cyber insurance startup to combine proprietary cybersecurity software with coverage to improve risk transfer, has completed a $20 million Series A funding round. Canapi Ventures, a venture capital firm investing in early to growth-stage fintech companies, led the round with participation from Elpha Secure’ s…
BRP Group, Inc., an independent insurance distribution firm delivering tailored insurance solutions, today announced that it will host an Investor Day on Tuesday, November 15, 2022 at 9:00 a.m. Eastern Time in New York City. BRP Group, Inc. is an independent insurance distribution firm delivering tailored insurance and risk management insights and…
–Intact Insurance Group USA LLC, doing business under the brand name Intact Insurance Specialty Solutions, and RSA Luxembourg S.A. announced today that Lynn O'Leary has been appointed to the role of CEO, RSA Luxembourg which comes into effect later this fall, following a transition period and receipt of regulatory approvals. "I am pleased to share that Lynn…
–Meridian, a Michigan- based provider of government-sponsored health plans, announced today the results of a six-month program that offered services from Papa, a curated platform of companionship and support, to Medicaid members age 45 and over with a high rate of emergency department utilization. By connecting these individuals with Papa Pals, we were able to…
–OneDigital, the nation's leading insurance brokerage, financial services and HR consulting firm, has joined forces with HealthWorks, LLC, a Chicago- based insurance advisor focusing primarily on Medicare recipients. With over 11,000 people turning 65 in the U.S. every day, this acquisition allows OneDigital to enter the fastest-growing segment of the health…
–HUB International Limited, a leading full-service global insurance brokerage and financial services firm, announced today that it has acquired the insurance brokerage and investment advisory businesses of Quintes Financial Services, LLC and Quintes Administrative and Insurance Services, Inc.. Mark Laughton, Vice President, and the Quintes insurance…
New Jersey, USA—- 10/06/2022– The latest study released on the Global Child Insurance Market by AMA Research evaluates market size, trend, and forecast to 2027. The Child Insurance market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and…
New Jersey, USA—- 10/06/2022– The Latest Released Supplemental Health Insurance Market study by AMA Research has evaluated the future growth potential of Supplemental Health Insurance market and provides information and useful stats on market structure and size. Additionally, the report also identifies and analyses changing dynamics, and emerging trends…
–As Hurricane Ian leaves a path of destruction in its wake, the National Insurance Crime Bureau, the insurance industry's association dedicated to predicting, preventing, and prosecuting insurance crime, is warning disaster victims to stay vigilant against dishonest contractors and scammers. "Recovering from a disaster is an intimating task, and homeowners…