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Kia, Hyundai owners have a new headache to face

September 27, 2023

The National Highway Traffic Safety Administration announced on Sept. 27 that the South Korean automakers are recalling more than three million vehicles in the United States due to the risk of fires originating in the engine compartment. Hyundai's recall affects more than 1.6 million vehicles spanning across several model years and models including the…

CERS, KRS Pension assets return 9.54%, Insurance assets 10.15% in FY 2023

September 27, 2023

FRANKFORT— The Kentucky Public Pensions Authority announced that the composite return for pension assets under management was 9.54% for the fiscal year ended June 30, 2023, while insurance trust assets under management earned 10.15%. Buoyed by those returns, General Fund appropriations authorized by the Legislature, and employer contributions, total…

Can an insurance company deny coverage for filing ‘too many claims’? Here’s what to know [The Charlotte Observer]

September 27, 2023

Homeowners insurance isn’ t required by North Carolina law, but having it can be the difference between paying thousands of dollars for repairs and saving money. Here’ s what to know about protections you have in North Carolina if an insurance company denies your coverage due to frequent claims. In North Carolina, insurance companies can refuse to renew your…

Kia, Hyundai owners have a new headache to face

September 27, 2023

The National Highway Traffic Safety Administration announced on Sept. 27 that the South Korean automakers are recalling more than three million vehicles in the United States due to the risk of fires originating in the engine compartment. Hyundai's recall affects more than 1.6 million vehicles spanning across several model years and models including the…

U.S. Patents Awarded to Inventors in Illinois (Sept. 27)

September 27, 2023

ALEXANDRIA, Virginia, Sept. 26– COOLER SCREENS INC., Chicago, Illinois has been assigned a patent developed by Arsen Avakian, Chicago, Illinois, and Robert Edwin Dravenstott, Centennial, Colorado, for "Smart movable closure system for cooling cabinet." ALEXANDRIA, Virginia, Sept. 26– STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY, Bloomington, Illinois has been…

Can an insurance company deny coverage for filing ‘too many claims’? Here’s what to know [The Charlotte Observer]

September 27, 2023

Homeowners insurance isn’ t required by North Carolina law, but having it can be the difference between paying thousands of dollars for repairs and saving money. Here’ s what to know about protections you have in North Carolina if an insurance company denies your coverage due to frequent claims. In North Carolina, insurance companies can refuse to renew your…

Kia, Hyundai owners have a new headache to face

September 27, 2023

The National Highway Traffic Safety Administration announced on Sept. 27 that the South Korean automakers are recalling more than three million vehicles in the United States due to the risk of fires originating in the engine compartment. Hyundai's recall affects more than 1.6 million vehicles spanning across several model years and models including the…

Neptune Flood Insurance Open for Business During Government Shutdown

September 27, 2023

–Neptune Flood, the largest provider of flood insurance in the United States, will be open for business and continuing to write policies in 48 states plus Washington DC if the US Federal Government shuts down on September 30, 2023, halting the issuing and renew flood insurance policies issued by the National Flood Insurance Program. "Neptune urges Congress to…

Kia, Hyundai owners have a new headache to face

September 27, 2023

The National Highway Traffic Safety Administration announced on Sept. 27 that the South Korean automakers are recalling more than three million vehicles in the United States due to the risk of fires originating in the engine compartment. Hyundai's recall affects more than 1.6 million vehicles spanning across several model years and models including the…

Need for Storm Preparation Is One of Hurricane Ian’s Legacies

September 27, 2023

With Hurricane Ian’ s first anniversary approaching, and about two months remaining in the 2023 Atlantic hurricane season, residents and businesses along the Atlantic and Gulf coasts should remain vigilant, according to the Insurance Information Institute. “Take steps to make sure you’ re insured, and to make sure that you’ re protected,” stated Sean Kevelighan,…

Obamacare offer we should have refused

September 27, 2023

My doctor speculated that one day the mob would take over the health care business. Illegal drugs, prostitution, gambling rings, and the like only appeal to a small part of the population, but everyone needs to go to the doctor. I think he was joking at the time after all, the mob has nothing on the cronies who' ve already taken over health care.

Need for Storm Preparation Is One of Hurricane Ian's Legacies

September 27, 2023

ST. JOHNS, Fla., Sept. 27, 2023/ PRNewswire-HISPANIC PR WIRE/– With Hurricane Ian's first anniversary approaching, and about two months remaining in the 2023 Atlantic hurricane season, residents and businesses along the Atlantic and Gulf coasts should remain vigilant, according to the Insurance Information Institute. "Take steps to make sure you're insured, and to…

Need for Storm Preparation Is One of Hurricane Ian's Legacies

September 27, 2023

–With Hurricane Ian's first anniversary approaching, and about two months remaining in the 2023 Atlantic hurricane season, residents and businesses along the Atlantic and Gulf coasts should remain vigilant, according to the Insurance Information Institute. "Take steps to make sure you're insured, and to make sure that you're protected," stated Sean…

AM Best Assigns Preliminary Credit Assessment to Olé Insurance Group Corp I.I.

September 27, 2023

AM Best has assigned a Preliminary Credit Assessment to Olé Insurance Group Corp I.I. with a Financial Strength Assessment of B++ pca and a Long-Term Issuer Credit Assessment of“ bbb” pca. Geographically, gross premiums are mainly distributed in Latin America: Ecuador, Mexico, Venezuela, and the remainder in 17 other countries. The company has a growing…

SFAA, NASBP and a Coalition of Partners Strongly Support Bill Providing Essential Protections on WIFIA Financed Projects

September 27, 2023

The Surety& Fidelity Association of America, National Association of Surety Bond Producers, and a coalition of industry partners commend Senator Mark Kelly and Senator Kevin Cramer for the introduction of S.2928, the“ Water Infrastructure Subcontractor and Taxpayer Protection Act”. A recent study by Ernst& Young, The Economic Value of Surety Bonds, reported:.

AM Best Affirms Credit Ratings of Tokio Marine & Nichido Fire Insurance Co., Ltd. and Its U.S. Subsidiaries

September 27, 2023

AM Best has affirmed the Financial Strength Rating of A++ and the Long-Term Issuer Credit Ratings of“ aa+” of Tokio Marine& Nichido Fire Insurance Co., Ltd. and its U.S. subsidiaries. Although net profit is subjected to volatility from natural catastrophe losses in Japan, TMNF’ s domestic non-life business has maintained a consistently profitable underwriting…

United Direct Solutions Drives Health Insurance Businesses During Open Enrollment

September 27, 2023

–As Open Enrollment approaches– the annual window spanning November to January– United Direct Solutions, a marketing industry leader enabling meaningful connection between companies and their audiences since 1980, stands as the authoritative guide for healthcare and health insurance businesses seeking to reach target audiences through effective…

High Cost of Treatment, Hampering Management of Sickle Cell Disease, Stakeholders Lament

September 27, 2023

Governments at all levels have been called to include treatment and management of sickle cell disease for sickle cell warriors in the health insurance policy of the country. The call was also made to ensure sustainable diversity, equality and inclusion packages for sickle cell warriors in all spheres of governance. In her speech, Timi Edwin, Founder/CEO…

AmeriHealth Caritas Launches First of Three Investments to Support Innovative Community-Based Programs for Vulnerable Pennsylvanians

September 27, 2023

“We are committed to supporting Pennsylvanians with complex health care needs in innovative and efficient ways, with an overriding goal to promote independent living and participant satisfaction,” said Stephan Roker, Senior Vice President, Community HealthChoices for AmeriHealth Caritas.“ For many older people, this assistance begins with understanding…

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