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A guide to long-term care insurance

January 28, 2024

If you're wealthy, you'll be able to afford help in your home or care in an assisted living facility or a nursing home. If you're poor, you can turn to Medicaid for nursing homes or aides at home. Policies generally pay a set rate per day, week or month— say, up to $1,400 a week for home care aides.

NC sees record for ACA sign-ups A record 1 million North Carolinians sign up for health insurance through exchange

January 28, 2024

The U.S. Department of Health and Human Services reported Wednesday that North Carolina ranked fourth in enrollment among the 32 states participating in the exchange, as well as fifth overall. Coverage began on Jan. 1 for those enrolled before Dec. 15. Individuals who enrolled by Jan. 16 will have coverage start Feb. 1.

Fla. CFO Patronis Announces Two Arrests for Workers' Compensation Fraud in Miami-Dade County

January 27, 2024

Today, Chief Financial Officer Jimmy Patronis announced the arrest of Juana Ledezma and Luis Ledezma for Workers' Compensation Premium Fraud and Grand Theft for allegedly concealing payroll to avoid paying a higher workers compensation premium. CFO Jimmy Patronis said, "Workers Compensation fraud is a costly crime that endangers Floridians and hurts…

Congressional Research Service: 'Building Resilience – FEMA's Building Codes Policies & Considerations for Congress' (Part 1 of 2)

January 27, 2024

WASHINGTON, Jan. 27– The Congressional Research Service issued the following report on Oct. 17, 2023, entitled "Building Resilience: FEMA's Building Codes Policies and Considerations for Congress." Congress has authorized the Federal Emergency Management Agency to utilize a range of policy tools that may promote a resilient built environment and…

Congressional Research Service: 'Building Resilience – FEMA's Building Codes Policies & Considerations for Congress' (Part 2 of 2)

January 27, 2024

FEMA: Code Requirements for Funded Projects. The Stafford Act, the National Flood Insurance Act, federal regulations, and FEMA policy generally require recipients of federal assistance to comply with applicable building codes when conducting federally funded construction projects. ASCE has urged FEMA to be consistent in the minimum standards it applies…

Lisa Davis: If it quacks like a duck …

January 27, 2024

If you're shopping for insurance to protect your home in the event of a disaster, would you buy from a talking lizard? If a tree falls through your roof, do you think a duck is going to be able to help you? If your car is totaled, would you expect a quick payout from an emu wearing sunglasses?

Tonawanda ensures lifetime health insurance for police, public works chiefs [The Buffalo News, N.Y.]

January 27, 2024

Under the agreements passed by the Tonawanda Common Council earlier this month, Police Chief Robert Clontz and Public Works Superintendent Joseph Warthling Jr. will pay up to $1,000 annually toward their health insurance costs as long as they remain in office. Tonawanda officials say the agreements ensure the men will stay in their jobs longer, providing the…

New rule will require insurers in WA to be more transparent about premium increases [The News Tribune (Tacoma, Wash.)]

January 27, 2024

But that is set to change in June 2024. Aaron VanTuyl, the communications and social media manager at the Washington State Office of the Insurance Commissioner, said in an interview that the increase in car insurance premiums is not necessarily a Washington- specific issue. He said that compared to other states, Washington is actually ranked in the bottom half…

Fourth Quarter 2023 Transcript

January 27, 2024

January 19, 2024, 9:00 a.m. ET. Greg Toczydlowski- Executive Vice President and President of Business Insurance Jeff Klenk- Executive Vice President and President of Bond& Specialty Insurance Michael Klein- Executive Vice President and President of Personal Insurance Abbe Goldstein- Senior Vice President of Investor Relations. This transcript is a…

236718 JAMES EDWARDS

January 27, 2024

Age: 36 Sex: M Race: B Height: 509 Weight: 180. FTA-NO LIABILITY INSURANCE- MISDEMEANOR Bond: $0.00 Type: INCL Status: INAC. FTA-SIMPLE POSSESS SCH VI CS- MISDEMEANOR Bond: $250.00 Type: SECU Status: INAC.

Rouzer Urges NC Department of Insurance Commissioner to Reject Astronomical Increases in Homeowners' Insurance Rates

January 27, 2024

David Rouzer, R- North Carolina, issued the following news release on Jan. 26, 2024:. Today, Congressman David Rouzer joined members of the North Carolina Congressional delegation in urging North Carolina Department of Insurance Commissioner Mike Causey to reject the North Carolina Rate Bureau's proposed statewide increase in homeowners' insurance rates.

MountainOne Insurance Reaches New Heights with Office Expansions

January 27, 2024

MountainOne Insurance is hitting the ground running in 2024. While other banks are shedding their insurance agency subsidiaries, MountainOne Insurance, under the leadership of Jonathan Denmark, President& COO, is expanding to two locations in Longmeadow and on historic Main Street in Stockbridge. The roots behind MountainOne Insurance run deep.

Travelers Insurance plans to drop coverage for Santa Fe this summer [The Santa Fe New Mexican]

January 26, 2024

Jan. 26— The city of Santa Fe is searching for a new liability insurance provider after being notified by its current carrier it will cease to provide coverage when the fiscal year ends in June. The city paid out more than a half-million dollars in settlements last year, including $300,000 to a former police officer who filed multiple lawsuits alleging the city…

How recent WA legislative changes could save you money on health care [The Seattle Times]

January 26, 2024

According to a recent preliminary report from the state Insurance Commissioner's Office, premiums rose 49% and deductibles rose nearly 79% between 2010 and 2020. The Association of Washington Healthcare Plans, which represents the state's major insurance plans, testified in last year's legislative session that eliminating cost-sharing for breast…

Opinion: Medicaid vs money

January 26, 2024

During the 2023 interim, I served on the Medicaid Managed Care Task Force and was charged to study the existing Medicaid managed care programs in Idaho and other states to determine the most successful and cost-effective means of implementing a managed care organization. The Idaho GOP is not satisfied with this conclusion, and I expect we will see a revival of…

An In-Depth Analysis of Humana Inc. and the Shifting Dynamics in Medicare Advantage: Exploring the Potential for Clover Health

January 26, 2024

Humana Inc., faced a major earnings shortfall, with its 2024 forecast significantly below expectations, leading to a 14% stock drop. The downturn affects the broader MA market including Clover Health Investments, Corp.. Humana Inc., a prominent player in the U.S. health insurance market, particularly in the Medicare Advantage sector, recently faced…

New Hampshire Insurance Department Leaders Assume Key Roles on National Association of Insurance Commissioners Committees

January 26, 2024

The National Association of Insurance Commissioners has announced the assignment of staff from the New Hampshire Insurance Department to its various standing committees. Taking a key role is Christian Citarella, who was appointed as Chair for the Casualty Actuarial and Statistical (C) Task Force. He has also been appointed to the Health Insurance and…

Rep. Vargas Statement on Extensive Damage Caused by the Recent Storm in San Diego County

January 26, 2024

Juan Vargas, D- California, issued the following news release on Jan. 24, 2024:. "I witnessed the extensive damage caused by the recent storm and since only 8,128 out of 1.15 million households in San Diego County have flood insurance, many in the 52nd Congressional District could face significant challenges in covering damages," said Rep. Vargas.

Patent Issued for Augmented intelligence for profile-matched call center routing (USPTO 11870936): United Services Automobile Association

January 26, 2024

2024 JAN 26– By a News Reporter-Staff News Editor at Insurance Daily News– United Services Automobile Association has been issued patent number 11870936, according to news reporting originating out of Alexandria, Virginia, by NewsRx editors. The patent’ s inventors are Hartshorn, Joel S., Lyle, Ruthie D., Schwarz, Jr., Thomas Wayne. This patent was filed on June 24, 2021…

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