AM Best has upgraded the Long-Term Issuer Credit Rating to“ aa” from“ aa-” and affirmed the Financial Strength Rating of A+ of Southern Farm Bureau Life Insurance Company. The outlook of the Long-Term ICR has been revised to stable from positive while the outlook of the FSR is stable. In addition, operating results are supported by the company’ s favorable market…
2026 MAY 19– By a News Reporter-Staff News Editor at South Korea Daily Report– Research findings on Health and Medicine- Regional Health are discussed in a new report. This study estimates the direct medical expenditure attributable to active and second-hand smoking using Korea’ s National Health Insurance Service claims data and quantifies the fiscal…
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.
Extreme weather, amplified by climate change, has raised insurer risks and insurance rates for U.S. homeowners, especially in the last decade. Florida, for example, sustained a staggering $237 billion in disaster damage from 2020 through 2024— increasing non-renewal rates and stoking the state's insurance crisis. California has its own insurance crisis…
The following information was released by the Federal Reserve Bank of New York:. Remarks at the Federal Reserve Bank of Atlanta 2026 Financial Markets Conference, Fernandina Beach, Florida As prepared for delivery. I will then discuss banks demand for reserves based on results from the recent Senior Financial Officer Survey, which the Federal Reserve…
The following information was released by Brown University:. By Juan Siliezar, Associate Director of Media Relations and Leadership Communications, School of Public Health. The analysis by Brown University researchers offers a rare behind-the-scenes look at the Medicare Advantage insurance broker market, drawing on data obtained through a Freedom of…
AM Best will participate in a panel discussion at the Casualty Actuarial Society’ s Seminar on Reinsurance, which will take place May 31- June 2, 2026, in Philadelphia, PA.. Greg Dickerson, director, AM Best, will join a session on Tuesday, June 2, titled,“ Rating Agency Update,” which will provide an update on the U.S. property/casualty and global reinsurance segments.
Reliance Matrix was formed by the integration of Reliance Standard Life Insurance Company, founded in 1907 and rated A++ for financial strength by independent agency AM Best; and absence third party administrator Matrix Absence Management. As a small workers’ compensation claims administrator in northern California in the early 1980 s, Matrix Absence…
Pouch Insurance, the admitted commercial auto managing general agent built for 1099 workers and gig economy operators, today announced a strategic partnership with OCTO, the global leader in telematics and data analytics for connected insurance. The announcement coincides with the official go-live of Pouch’s Micro-Fleet Rideshare program in Tennessee,…
Insurity, a leading provider of cloud-based software for property and casualty insurance carriers, brokers, and MGAs, today announced that registration is now open for the Excellence in Insurance conference, its annual event for insurance executives and technology leaders focused on helping insurers apply AI practically, modernize operations, and…
Earnix, a leader in AI-driven pricing, underwriting, and customer engagement for insurers, today announced that Definity, one of Canada’ s largest property and casualty insurers, has selected Earnix to accelerate pricing decisions and improve customer response times across its personal auto, property, and individually rated commercial auto portfolios.
Prairie Wealth Advisors, a registered investment advisor providing families with bespoke investment management and wealth planning, today announced a strategic merger with The McEwen Group. The move builds on a long-standing relationship between Prairie Wealth founder and CEO Craig Hundt and Tim McEwen, CFP ®, managing director of The McEwen Group, who…
