Open enrollment begins soon for employer-sponsored health insurance for coverage starting Jan 1. According to the website USA Facts.org, about 7.5% of Indiana residents do not have health insurance. Rhonda Randall, chief medical officer of Employer and Individual for UnitedHealthcare, said understanding some of the basic insurance jargon is a good place…
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Tammany Parish are gunning for seats on the Parish Council, motivated to run by issues from rising flood insurance premiums and aging infrastructure to flaring tensions between the current council and Parish President Mike Cooper. Business owner Jimmy "Gumby" Strickland III won the 14th District seat after incumbent Ron Randolph bowed out of the race last…
Sep. 25— RALEIGH— A newly-formed investigative unit created to combat disability fraud will include two North Carolina state agencies along with two partner agencies from the federal government. The N.C.-based Cooperative Disability Investigations Program will be operated and staffed by the United States Social Security Administration's Office of the…
But this week the federal government more than doubled its estimate in stolen payments to as much as $135 billion. The finding is a rebuke to the Biden Administration, which had previously put the fraud total as low as $45 billion based on surveys of state programs. Fraud claimed 11% to 15% of the nearly $900 billion that Washington paid out over three years.
EVENT: Senate Banking, Housing and Urban Affairs Committee Securities, Insurance, and Investment Subcommittee hearing on "The State of Flood Insurance in America." WITNESS: Douglas E. Quinn, executive director of the American Policyholder Association, testifies. LOCATION: 538 Dirksen Senate Office Building.
The Latest Released Mortgage Insurance Market Research assesses the future growth potential of the Mortgage Insurance market and provides information and useful statistics on market structure and size. Additionally, the report identifies and analyses the changing dynamics and emerging trends along with the key drivers, challenges, opportunities and…
However, if you or a loved one has Medicaid in Florida, you need to make sure— now— that you don’ t lose coverage. As of Sept. 22, more than 7 million people in the United States have lost Medicaid because of a process called“ Medicaid Unwinding”— or“ disenrollment.” In Florida, more than 700,000 people have been dropped. When the U.S. government declared a COVID-19 public health…
According to Aviva research, almost half of UK residents 1- equivalent to 23.7 million Brits 2- have previously experienced damage to their homes due to extreme weather. Last year, Aviva helped more than 20,000 3 customers across the UK deal with storm claims. Storm Agnes is set to bring gale-force winds and heavy rain to many parts of the UK from Wednesday, with…
AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of“ bbb+” of Jet Insurance Company. The Credit Ratings reflect Jet’ s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, limited business profile and appropriate…
–NFP, a leading property and casualty broker, benefits consultant, wealth manager, and retirement plan advisor, today introduced Totalis Program Underwriters, a new brand for its specialty program business. Totalis consolidates top specialty underwriters into a single integrated platform, offering niche specialty solutions across many industries with a…
Heritage Insurance Holdings, Inc. (NYSE: HRTG) is one of today’s top gainers. The company’s shares are currently up 14.45% on the day to $6.02. Heritage Insurance Holdings, Inc., through its subsidiaries, provides personal and commercial residential insurance products. The company offers personal residential property insurance for single-family homeowners and condominium owners, and rental property insurance […]
The U.S. Department of Housing and Urban Development has asked the Office of Management and Budget to review an information collection entitled "Mortgage Insurance Termination." The notice was issued by Colette Pollard, Department Reports Management Officer, Office of Policy Development and Research, Chief Data Officer. HUD is seeking approval from the…
Goosehead Insurance, Inc (NASDAQ: GSHD) is the focus of IBN’s latest stock spotlight. The company’s shares have moved -0.29% on the day to $75.68. Goosehead Insurance, Inc. operates as a holding company for Goosehead Financial, LLC that provides personal lines insurance agency services in the United States. The company operates in two segments, Corporate Channel […]
Elevated frequency of natural catastrophes and secondary perils in the first half of 2023 continue to drive deterioration within the U.S. homeowners insurance segment’ s financial results, according to a new AM Best special report. The Best’ s Market Segment Report,“ Homeowners Carrier Challenges Stress Operating Results,” notes that AM Best recently revised…
September’ s issue of Best’ s Review includes exclusive AM Best rankings of:. Top 50 Global Reinsurers– 2023 Edition; AM Best U.S. Rating Units- Largest Hedge Fund Investors- 2023 Edition; and Top 25 U.S. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico…
–VisitorsCoverage, a global travel insurance marketplace, has been named an InsurTech100 company by specialist research firm, FinTech Global. The InsurTech100 list is an annual roundup of the world's leading innovators in the insurtech space. What makes this recognition particularly meaningful is that it's a direct testament to our longstanding…
–Fannie Mae announced today that it has executed its eighth Credit Insurance Risk Transfer™ transaction of 2023. "We appreciate the continued support of the 24 insurers and reinsurers that have committed to write coverage for this deal," said Rob Schaefer, Fannie Mae Vice President, Capital Markets. With CIRT 2023-8, which became effective August 1, 2023, Fannie…
–Risk Strategies, a leading national specialty insurance brokerage and risk management firm, today announced it has acquired Strategic Benefit Solutions, Inc., a retail employee benefits insurance agency. Located northwest of Boston in Burlington, Massachusetts, SBENS was founded in 2008 by Cheryl Ray, Carol Renzi and Pam Frechette. “We’ re excited to have found a…
One month before the law, drivers in Missouri spent an average of 1 minute and 45 seconds of every hour behind the week handling their phones. Since the law began, distracted driving in Missouri has dropped to 1 minute and 42 seconds, a reduction of 2.86%. Missouri is the 28th state to introduce hands-free legislation and the fourth in 2023 after Ohio, Alabama, and…
