The model provides states with a framework to offer a nonrefundable tax credit to small businesses that are not required to provide health insurance but choose to offer an ICHRA.
AuguStar Retirement has expanded its annuity lineup with the launch of StarStream Variable Annuity, a new solution designed to support retirement income planning for clients with varying goals and timelines.
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of NiSource Insurance Corporation, Inc.. The outlook of these Credit Ratings is stable. The ratings reflect NICI’ s balance sheet strength, which AM Best assesses as strong, as well as its strong operating performance, neutral business profile and appropriate…
These shifts are expected to unlock new revenue pools, reshape operating models, and expand access to financial products.
AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of Union Insurance Company Limited. The outlook of these Credit Ratings is stable. The ratings reflect Union’ s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and appropriate…
Florida- domiciled personal property specialist companies recorded nearly $1 billion in underwriting gains, following a $132 million underwriting loss just two years ago, highlighting market stabilization and increasingly manageable market conditions, according to a new AM Best report. “The improved Florida property insurance landscape reflects…
In 1925, a group of Illinois farmers came together to provide fire and lightning insurance, helping to ensure their farms and crops would be protected. Over the next century, COUNTRY Financial ® grew to offer a diverse range of personal and business insurance products, as well as retirement and investment services. Today, a Farm Certified Representative can…
Prismic is sponsored by Prudential Financial, Inc. and Warburg Pincus, global leaders in insurance and investment management. Prismic is a Bermuda-exempted limited partnership and the holding company of Prismic Life Reinsurance, Ltd. and Prismic Life Reinsurance International, Ltd., each a licensed Class E Bermuda-based life and annuity reinsurance…
–Patriot Growth Insurance Services, LLC, one of the fastest-growing national insurance brokerage and services firms, today announced the launch of its new brand identity, reflecting the company’s continued evolution and the strength of its connected national platform. The refreshed brand introduces a more modern, unified expression of Patriot while…
PHOENIX– In Arizona, there were just under 1.8 million recipients of AHCCCS– the Arizona Health Care Cost Containment System, or the state's Medicaid program, as of April 2026. Daniel Derksen, an expert on the Arizona healthcare system. President Donald Trump's One Big Beautiful Bill introduced Medicaid restrictions that look to redefine work and income level…
Porch Group, Inc., a new kind of homeowners insurance company, today announced that Homeowners of America has launched in Michigan, marking the 22nd state in which HOA operates. “We’ re pleased to bring HOA’ s homeowners insurance offering to Michigan and expand our ability to serve independent agents and policyholders in another important market,” said Matt…
Energetic Capital, a leading provider of credit insurance solutions for clean energy and infrastructure, today announced it successfully renewed its arrangement with SCOR, adding some new capabilities and increasing the single obligor maximum limit. To date, Energetic Capital has enabled over $1.5 billion in transactions across 1,500 projects and 48…
OB-GYN services were ending at the clinic in Corvallis, a college town of 60,000 in Oregon's Willamette Valley. The doctor said all of the Corvallis Clinic's OB-GYNs were resigning. The closure of the Corvallis OB-GYN practice came two years after a subsidiary of UnitedHealth Group, the country's largest health insurance company, bought the clinic.
The last week of April marked Fed Chair Jerome Powell's last Federal Open Market Committee meeting before his replacement, Kevin Warsh, stepped in on May 15. This comes with the highest dissent among the board since 1992, with a rare 8-4 split decision, which marks significant internal division and geopolitical uncertainty, according to the FOMC statement.
