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Cincinnati Financial Corporation Announces Executive Leadership Transition, Expands Board to 14, Appoints Two New Directors

January 26, 2024

–Cincinnati Financial Corporation announced that as of the May 4, 2024, Annual Meeting of Shareholders, President Stephen M. Spray will assume the title of chief executive officer of the company and all U.S. subsidiaries, completing the executive leadership transition that began when Mr. Spray was named president of the company in 2022. Steven J. Johnston will…

Cincinnati Financial Corporation Increases Regular Quarterly Cash Dividend

January 26, 2024

–Cincinnati Financial Corporation announced that at today's regular meeting, the board of directors declared an 81- cents- per-share regular quarterly cash dividend, increasing by 8% from the previous 75- cents- per-share dividend paid on January 16, 2024. Steven J. Johnston, chairman and chief executive officer, commented, "Our long-term view for managing the…

Central Carolina Insurance Agency Excels in Car Insurance in Cornelius and Kannapolis, North Carolina: When it comes to car insurance in Cornelius and Kannapolis, North Carolina, the Central Carolina Insurance Agency deserves a special mention.

January 26, 2024

Central Carolina Insurance Agency is a reliable and trusted provider of car insurance policies. With their extensive knowledge and experience in the insurance industry, Central Carolina Insurance Agency can help drivers find the best policy that suits their specific requirements. Central Carolina Insurance Agency also provides excellent customer…

Central Carolina Insurance Agency Specializes in Homeowners Insurance in Huntersville and Davidson, North Carolina: For those looking for homeowners insurance in Huntersville and Davidson, North Carolina, Central Carolina Insurance Agency is the name to reckon with.

January 26, 2024

Salisbury, NC—- 01/26/2024– Homeowners who want to protect their property and belongings against unexpected events such as fire, theft, or natural disasters often opt for homeowners insurance. This type of insurance covers repairs or replacement costs in case of damage to the house or its contents. With adequate homeowners insurance in Huntersville and…

Earthquake Insurance Market to See Drastic Growth – Post 2024 :Berkshire, Palomar, Farmers: The Earthquake Insurance market size is estimated to increase by USD 11,281 Million at a CAGR of 4.34% from 2023 to 2030. The report includes historic market data from 2024-2030. Currently, the market value is pegged at USD 7,379 Million.

January 26, 2024

The latest study released on the Global Earthquake Insurance Market by HTF MI evaluates market size, trend, and forecast to 2030. The Earthquake Insurance market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to…

AM Best Affirms Credit Ratings of Factory Mutual Insurance Company and Its Subsidiaries

January 26, 2024

AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of“ aa” of Factory Mutual Insurance Company and its subsidiaries, which are collectively referred to as FM Global Group. FM Global maintains the strongest level of risk-adjusted capitalization, as measured by Best’ s Capital Adequacy Ratio. FM Global has reported…

CHA STATEMENT ON AFFORDABLE CARE ACT ENROLLMENT

January 26, 2024

The Catholic Health Association of the United States issued the following news release:. The Catholic Health Association of the United States released a statement reacting to a record-breaking 21.3 million people enrolling in health insurance coverage through Affordable Care Act exchanges, including five million new enrollees. "CHA continues to…

Senior Village Helps Members Decipher Long-Term Care Insurance

January 26, 2024

Attempting to understand a long-term care insurance policy can feel like grappling with a foreign language. That’ s why Senior Village helps translate the complex terminology of long-term care insurance policies for its members. Senior Village’ s Forms& Documents Team is comprised of experienced volunteers and includes retired LTC specialist Don Burkhead.

Oakbridge Insurance Establishes Presence in Atlanta With New Partner a2|benefits

January 26, 2024

–Oakbridge Insurance Agency LLC, one of the largest independent insurance and risk management agencies in the United States, today announced a new partnership with Atlanta- based a2| benefits. "We are thrilled to announce our partnership with a2| benefits to enhance our presence in Atlanta," said Oakbridge CEO Robbie Smith. Ranked a "Top 100" insurance brokerage by…

“Flooding is the most common and costly natural disaster facing the country,” U.S. Senate panel pushes for major changes to federal flood insurance program

January 26, 2024

Congress has spent more than six years avoiding its responsibility to reauthorize the National Flood Insurance Program. The lackadaisical approach to brokering a five-year reauthorization of the program was one of several topics the U.S. Senate Banking, Housing and Urban Affairs Committee discussed Thursday during a hearing on challenges local…

CAP Releases New Reports With Solutions To Lower the Costs of Employer-Sponsored Insurance

January 26, 2024

WASHINGTON, Jan. 26– The Center for American Progress issued the following news release on Jan. 25, 2024:. The Center for American Progress has released two new reports that offer solutions for how to address the rising costs of employer-sponsored insurance and that introduce a new policy recommendation about how an employer public option could reduce ESI…

Genie Energy Unveils Insurance Strategy 

January 26, 2024

–Genie Energy, Ltd., a leading retail energy and renewable energy solutions provider, today announced an expansion of its consumer product portfolio and the formation of a“ captive” self-insurance subsidiary to enhance the Company’ s risk management strategy.. In the fourth quarter of 2023, Genie paid this captive entity $51 million in premiums for insurance…

Center on Budget & Policy Priorities: Record Numbers of People Chose ACA Marketplace Coverage for 2024

January 26, 2024

The Center on Budget and Policy Priorities issued the following commentary on Jan. 25, 2024:. Record Numbers of People Chose ACA Marketplace Coverage for 2024. Jennifer Sullivan, Director of Health Coverage Access.

Conn. U.S. Attorney: Pennsylvania Resident Indicted for Defrauding Allied World Insurance Company

January 26, 2024

The office of the U.S. Attorney for the District of Connecticut issued the following news release on Jan. 25, 2024:. Vanessa Roberts Avery, United States Attorney for the District of Connecticut, and Robert Fuller, Special Agent in Charge of the New Haven Division of the Federal Bureau of Investigation, today announced that a federal grand jury in New Haven has…

Forget a soft landing: The economy might not touch down at all this year

January 26, 2024

Whisper it quietly so as not to offend those who insisted the U.S. would be deep in an inflation-mired recession by now. But the Federal Reserve has likely delivered even more than the so-called soft landing its critics said was impossible. Fed Chair Jerome Powell is trying to achieve a soft landing for the U.S. economy.TheStreet/Shutterstock.

Senate Banking Committee Chair Brown: Reauthorizing, Strengthening Flood Insurance Protects Communities When Disaster Strikes

January 26, 2024

Sherrod Brown, D- Ohio, chairman of the Senate Banking, Housing and Urban Affairs Committee, issued the following news release on Jan. 25, 2024:. Today, U.S. Senator Sherrod Brown, Chairman of the Senate Committee on Banking, Housing, and Urban Affairs, delivered the following opening statement at today's hearing entitled, "Reauthorization of the National Flood…

Senate Banking Committee Ranking Member Scott Pushes Local Solutions to Flood Insurance, Preparedness

January 26, 2024

Tim Scott, R- South Carolina, ranking member of the Senate Banking, Housing and Urban Affairs Committee, issued the following news release on Jan. 25, 2024:. At today's Senate Committee on Banking, Housing, and Urban Affairs hearing on reauthorization of the National Flood Insurance Program, Ranking Member Tim Scott called for federal policies that incentivize…

Former Chicago Citi VP Helen Caldwell pleads guilty to elder fraud, could get prison

January 26, 2024

Citibank’ s South Michigan Avenue branch in downtown Chicago, where former Citi wealth adviser Helen Grace Caldwell worked. A former Chicago banking executive has pleaded guilty to swindling her elderly clients out of nearly $1.5 million by using her influence to get them to invest in her private side deals producing slasher movies. Helen Grace Caldwell, 58, a…

Fort Worth physician’s assistant convicted of health care fraud in pain relief scheme

January 26, 2024

A Fort Worth physician’ s assistant was convicted on health care fraud charges after authorities say he injected unapproved amniotic fluid into patients’ joints for pain management, federal prosecutors said. He was a physician’ s assistant at a Fort Worth pain management clinic, according to a Thursday news release from U.S. Attorney for the Northern District…

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