Richard Blumenthal has added his name to the list of elected officials urging the Connecticut Insurance Department to reject proposed rate filings for four insurance companies that would mean a double-digit rate increase for more than 220,000 people. Blumenthal, joined by Liz Dupont-Diehl, associate director of the Connecticut Citizen Action Group, said…
Sentara Health Plans, the health insurance division of Norfolk-based Sentara Health, has a new president. With more than two decades of executive leadership in health insurance, Michael Cole started in that role and as executive vice president of Sentara Health last week, according to a Thursday announcement. Previously, Cole served as president of Aetna' s…
EDWARDSVILLE– A Collinsville man and a St. Louis woman were charged out of Madison County last week with health insurance fraud. The suspects, a 59- year-old Collinsville man and a 60- year-old St. Louis woman, were each charged June 16 with managed health care fraud and two counts of theft, all Class 1 felonies; conspiracy to commit theft, both Class 2 felonies; and…
2026 JUN 26– By a News Reporter-Staff News Editor at Insurance Daily News– Researchers detail new data in Managed Care. According to news reporting originating from Charlottesville, Virginia, by NewsRx correspondents, research stated,“ To characterize longitudinal trends in the distribution of interventional radiology work across radiologists to…
2026 JUN 26– By a News Reporter-Staff News Editor at Insurance Daily News– Investigators discuss new findings in cancer. The news editors obtained a quote from the research from Community Memorial Hospital:“ This study examines barriers to post-mastectomy breast reconstruction to promote a supportive clinical climate by addressing multifactorial…
2026 JUN 26– By a News Reporter-Staff News Editor at Computer Business Daily– According to news reporting originating from Washington, D.C., by NewsRx journalists, a trademark application has been made for“ C-MANAGERPAY” by Angela P. Doughty Ward and Smith, P.A., representing CIT Group Inc. This application was made available to the public on June 16, 2026.
The Federal Reserve held interest rates at 3.75% earlier this month, a decision that, at face value, isn’ t bad news for job applicants. That could hit South Florida especially hard. The area’ s economy is heavily dependent on tourism, real estate and construction,“ all of which are interest-rate-sensitive,” said Bryan Cutsinger, a professor of economics at Florida…
The Financial Services Institute applauded the U.S. House of Representatives’ passage of the Financial Exploitation Prevention Act of 2025, bipartisan legislation that would strengthen protections for seniors and vulnerable adults by amending the Investment Company Act of 1940 to give mutual funds the ability to pause redemptions when it reasonably believes it is the result of financial exploitation of the investor.
The U.S. International Development Finance Corporation today signed a cooperation agreement with the Multilateral Investment Guarantee Agency, the home of the World Bank Group Guarantee Platform, to establish a political risk insurance framework for the United States-Ukraine Reconstruction Investment Fund. This framework is intended to catalyze and…
The event allowed state agencies to connect with rural Nevada communities and learn what issues they are facing. They have also reached out to Elko law enforcement about creating a similar partnership. Ned Gaines, insurance commissioner with the Nevada Division of Insurance, explained how his agency recovered more than $9 million for consumers last year.
AM Best has affirmed the Financial Strength Rating of B++, the Long-Term Issuer Credit Rating of“ bbb” and the Egypt National Scale Rating of aaa.EG of Misr Insurance Company. MIC is the largest non-life insurance subsidiary of Misr Insurance Holding Company. The company’ s capital requirements are driven mainly by asset risk, given its concentration of assets in…
CNW CurrenSees Exploring the policies, markets and global events influencing currencies and the movement of money worldwide June 26, 2026 – via CurrencyNewsWire — According to the Federal Reserve’s annual bank stress test, the nation’s largest banks remain well capitalized and capable of continuing to support the economy during a severe downturn. Despite projected loan losses exceeding $708 billion under […]
New research published by the Employee Benefit Research Institute finds that younger workers continue to change jobs at high rates but were more likely than workers from an earlier generation to be eligible for an employer-sponsored retirement plan after changing jobs.
Windward Risk Managers today announced approved statewide rate decreases for certain policies issued by Edison Insurance Company and Florida Peninsula Insurance Company. The changes, approved by the Florida Office of Insurance Regulation, are effective July 1, 2026, for new business and July 15, 2026, for renewals. Edison Insurance Company: 10% for HO-3…
