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LifeSecure Unveils New Hospital Indemnity Insurance to Help Heal Financial Stress

July 27, 2023

–Continuing its commitment to simple insurance solutions that create a better future for its customers, LifeSecure Insurance Company today announced the initial launch of its next-generation Hospital Indemnity Insurance to the individual and worksite markets in 29 states with additional states soon to follow. Our new Hospital Indemnity Insurance…

Zach Johnson to Honor Transamerica at Foundation Classic Gala

July 27, 2023

–Transamerica, a leading insurance company in Iowa, will be recognized at the annual Zach Johnson Foundation Classic Gala for its 20- year sponsorship of professional golfer Zach Johnson and its significant contributions to the Cedar Rapids community. Transamerica has supported Johnson's illustrious golf career and the establishment of the Zach Johnson…

FIGHT IS ON OVER DRUG PRICES

July 27, 2023

Ominous ads about prescription drugs flood the TV airwaves. Perhaps by design, it's not always clear who' s sponsoring the ads or why. There are about 70 PBMs in the U.S. Through mergers, three of them— CVS Caremark, Optum Rx and Express Scripts— control 80% of the prescription drug market, and each brings in tens of billions of dollars in revenue annually.

Annex Risk Selects Socotra Connected Core for Streamlined Policy Administration, Setting a New Standard in High Risk Homeowners Insurance

July 27, 2023

Socotra, the leading provider of modern, cloud-based solutions for technology-driven insurers, today announced that high-risk homeowners provider Annex Risk is processing business with Socotra. Annex Risk has successfully implemented the true cloud-native insurance policy core platform, Socotra Connected Core, and is now live, offering a…

Boring summer is no time to slack on financial planning

July 27, 2023

The financial markets are in heir most boring summer days as I write this column. Even news about unemployment and interest rates doesn't seem to rock the stock market. The long-awaited recession appears elusive, and inflation appears to be waning.

Tokio Marine HCC Improves Online Experience With Its New Look Website

July 27, 2023

–Tokio Marine HCC, headquartered in Houston, Texas, today announced it has overhauled its website reflecting a fresh new brand look, as it continues its journey to deliver an easier and more rewarding online experience for all its stakeholders.. About Tokio Marine HCC Tokio Marine HCC is a member of the Tokio Marine Group, a premier global company founded in 1879…

County sees drop in insurance costs

July 27, 2023

Prentiss County supervisors got some good news regarding insurance costs at their most recent meeting. Jon Floyd with Cornerstone Insurance told the board the county's health insurance rate with Blue Cross Blue Shield will drop five percent for the upcoming new fiscal year. The next regular meeting of the board is set for Monday, August 7 at 10 a.m. at the county…

ACNB CORPORATION REPORTS 2023 SECOND QUARTER FINANCIAL RESULTS – Form 8-K

July 27, 2023

ACNB CORPORATION REPORTS 2023 SECOND QUARTER FINANCIAL RESULTS GETTYSBURG, PA, July 27, 2023— ACNB Corporation, financial holding company for ACNB Bank and ACNB Insurance Services, Inc., announced financial results for the quarter ended June 30, 2023 with net income of $9.5 million, an increase of $0.9 million or 10.36%, compared to net income of $8.6 million…

FIGHT IS ON OVER DRUG PRICES

July 27, 2023

Ominous ads about prescription drugs flood the TV airwaves. Perhaps by design, it's not always clear who' s sponsoring the ads or why. There are about 70 PBMs in the U.S. Through mergers, three of them— CVS Caremark, Optum Rx and Express Scripts— control 80% of the prescription drug market, and each brings in tens of billions of dollars in revenue annually.

Picking up the pieces

July 27, 2023

If you're dealing with loss or damage to your home, whether it's due to a weather event, home burglary or other unexpected event, you're likely to feel overwhelmed. When it comes time to file a claim with your home insurance, you don't want to encounter more stress in the process. Navigating the claims process can be stressful, but it doesn't have to be.

DTE Energy reports second quarter earnings

July 27, 2023

–DTE Energy today reported second quarter earnings of $201 million or $0.97 per diluted share, compared with $37 million, or $0.19 per diluted share in 2022.. DTE Energy recently reached a historic clean energy settlement agreement with stakeholders to transform energy generation and dramatically reduce carbon emissions. “Our CleanVision Integrated…

ACNB Corporation Reports 2023 Second Quarter Financial Results

July 27, 2023

–ACNB Corporation, financial holding company for ACNB Bank and ACNB Insurance Services, Inc., announced financial results for the quarter ended June 30, 2023 with net income of $9.5 million, an increase of $0.9 million or 10.36%, compared to net income of $8.6 million for the three months ended June 30, 2022. Return on average assets was 1.62% and return on average…

Hottest weather of the summer: AAA warns motorists of extreme heat, dangers of hot vehicles

July 27, 2023

By AAA of Western and Central New York. With hot and humid weather is in the forecast this week across the region, AAA Western and Central New York is reminding motorists to be aware of the dangers of hot cars. On average, 38 children die in hot cars every year according to the National Safety Council, which reported 33 such deaths in 2022 and 14 so far in 2023.

Wildfire compliance provides insurance benefits and fire protection

July 27, 2023

In May, Napa Communities Firewise Foundation Board Chair Christopher Thompson gave a presentation to the Napa County Board of Supervisors detailing the > Napa Firewise vegetation management projects completed and planned with support from Napa County and other funders. Thompson referenced a March 2023 insurance industry symposium convened by Galway…

FIGHT IS ON OVER DRUG PRICES

July 27, 2023

Ominous ads about prescription drugs flood the TV airwaves. Perhaps by design, it's not always clear who' s sponsoring the ads or why. There are about 70 PBMs in the U.S. Through mergers, three of them— CVS Caremark, Optum Rx and Express Scripts— control 80% of the prescription drug market, and each brings in tens of billions of dollars in revenue annually.

Covered California to lower patient costs after Democratic lawmakers win funding from Newsom

July 27, 2023

The state's health insurance exchange will zero out some patients' hospital deductibles, up to $5,400; lower the copay of primary care visits from $50 to $35; and reduce the cost for generic drugs from $19 to $15. Covered California CEO Jessica Altman argues these are tangible reductions— savings on deductibles and copays on top of subsidies to lower monthly…

CMS agrees to allow conditional enrollment toward NC Medicaid expansion

July 27, 2023

However, the N.C. Department of Health and Human Services cautioned Wednesday that full enrollment remains dependent on funding allocated in the 2023-24 state budget legislation. The compromise with the federal Centers for Medicare and Medicaid Services allows NCDHHS to proceed with required public notices for beneficiaries, counties and providers.

Medicare for All is risky venture with no way back

July 27, 2023

Bernie Sanders launched his latest bid to ban private health insurance and force all Americans into a government-run health plan. The Vermont socialist gets points for consistency. He's introduced legislation that would establish Medicare for All in the last four sessions of Congress and has been stumping for single-payer health care for his entire…

As Fed resumes rate hikes, Chair Powell isn’t ‘optimistic’ — Yet

July 27, 2023

The Federal Reserve opted to resume rate hikes at Wednesday's meeting by a quarter of a percentage point, as expected. Last month, the central bank took a brief hiatus from increasing the federal funds rate after 10 consecutive rate hikes beginning in March 2022. Between now and the Sept. 19-20 meeting, he said, the Fed will look closely at five upcoming reports, all…

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