A Missouri insurance trade group says rising health care costs are making it harder to keep premiums affordable, after Children’ s Mercy announced that ACA Marketplace health plans will no longer include the pediatric hospital as an in-network provider starting Jan. 1. Missouri families and small businesses are feeling the strain of rising health insurance…
Iowa officials are warning more than 87,000 Iowans they face cancellation of their Medicare Advantage or Part D plans for 2027.. In the lead-up to open enrollment, Iowa's Senior Health Insurance Information Program and Senior Medicare Patrol notified Iowa Medicare beneficiaries of the plan cancellations and changes. One of the major changes Iowans will…
More than 1,700 Pottawattamie County residents will need to find new Medicare coverage for 2027 after their current plans were discontinued, raising the stakes for this year's Medicare open enrollment period. The affected beneficiaries include 1,018 people losing standalone prescription drug coverage and 694 losing Medicare Advantage plans,…
They generally follow the trajectory of the 10- year Treasury yield, which lenders use as a guide to pricing home loans. Mortgage rates have been climbing since late February, when the U.S. war with Iran began, pushing up the price of oil and driving inflation higher. The run-up in rates also reflects heightened bond market volatility, which has pushed up yields on…
FRANKFORT— It is now easier for Kentucky residents to prepare for the devastating financial consequences of flooding, as the Federal Emergency Management Agency has launched a new tool to purchase a National Flood Insurance Program policy completely online through Floodsmart.gov. "I've seen firsthand how floodwaters devastate American communities,"…
AM Best has affirmed the the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a” of Zavarovalnica Triglav d.d., the operating holding company of the Triglav group, and Pozavarovalnica Triglav Re, d.d., a wholly owned subsidiary of Triglav. The outlook of these Credit Ratings is stable. The ratings of Triglav reflect the company’ s balance…
Oxbridge Health, Inc. today announced that it has closed a $45 million Series B financing led by Eir Partners, with participation from Optum Ventures and a group of experienced healthcare leaders. The round brings total investment in the company to $90 million, including capital from its founders and early investors, and marks the start of full commercial…
The ratings of Ascot Bermuda and Ascot U.S. reflect Ascot’ s consolidated balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management. AM Best views Ascot Bermuda and Ascot U.S. as strategically important to Ascot and fully integrated within…
A Pompano Beach woman was convicted at trial earlier this month of theft of government funds and Social Security fraud for stealing her great-aunt "s retirement benefits for years after her death, federal prosecutors said. The relative received monthly Social Security retirement deposits into a Chase bank account held solely in the woman "s name, according to…
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of Pozavarovalnica Sava d.d., the operating holding company of the Sava Insurance Group. The outlook of these Credit Ratings is stable. The ratings reflect Sava Re’ s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating…
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a+” of Gulf Insurance Group B.S.C. (c). The outlook of these Credit Ratings is stable. Nonetheless, it is exposed to elevated financial system risk stemming from its operations in Bahrain and Oman.
For the 11th consecutive year, Navitus MedicareRx has earned the nation’ s highest rating among Prescription Drug Plan and Employer Group Waiver Plan offerings, receiving a 4 out of 5 rating in the U.S. Navitus MedicareRx, offered through Dean Health Insurance Inc., provides Part D prescription drug coverage for employer groups and retirees.
MSI™, one of the largest independent managing general agencies in the United States, today announced a new collaboration with Moved, the leading proptech platform for automating resident moves and ancillary revenue. Under this collaboration, MSI’s renters insurance can be embedded directly into the Moved platform, and compliance is tracked via the…
Crux, the insurance operating system for modern agencies, brokers and carriers, today announced that Equity Insurance Group, the independent agency that’ s“ big enough to save you money, small enough to know your name,” has selected Crux as the home base for its marketing and service operations. EIG will deploy Crux across its 28 locations in 10 states to automate the…
While we appreciate the Federal Emergency Management Agency is providing a new option for Vermonters buy a National Flood Insurance Program Policy, color us skeptical. Vermont's frustration with FEMA hit the high-water mark in the last few years, with delays and red tape. "President Trump's efforts to dismantle FEMA and limit the federal government's…
