A new report released today by the Ceres Accelerator for Sustainable Capital Markets and the California Department of Insurance reveals that insurance companies are pursuing a wide variety of strategies to manage the increasing risks associated with climate change. Climate Risk Management in the U.S. Insurance Sector: An Analysis of Climate Risk…
Newswires
WASHINGTON, July 26– The Center on Budget and Policy Priorities issued the following unwinding watch on July 25, 2023:. As of April 1, 2023, states may begin ending coverage for people found ineligible or whose redetermination can't be completed for procedural reasons. This so-called "unwinding" process will last through May 2024; start dates for coverage losses…
ACNB CORPORATION ANNOUNCES THIRD QUARTER CASH DIVIDEND GETTYSBURG, PA, July 26, 2023— ACNB Corporation, financial holding company for ACNB Bank and ACNB Insurance Services, Inc., announced today that the Board of Directors approved and declared a regular quarterly cash dividend of $0.28 per share of ACNB Corporation common stock payable on September 15,…
Top state health officials say they plan to plow most of the money into higher payments for doctors, hospitals, and other health care providers who serve Californians covered by Medi-Cal, the state's Medicaid program. Even as they battle for their share, industry leaders are quietly plotting a November 2024 ballot initiative to lock in the Medi-Cal payment…
Workforce Accommodations helps support employers with the legal and procedural requirements of ADA and state disability and pregnancy laws, but goes much further. Reliance Matrix has been at the forefront of the accommodations market since 2014 when it introduced ADA Advantage ®, the first comprehensive ADA management service offering available to…
The average annual cost of a car insurance policy surged $240 to $1,668 in the first six months of 2023, up from $1,428 in 2022. “Vehicle repair and maintenance costs have outpaced inflation and show no signs of slowing, leading insurers to increase auto insurance prices to keep up with the cost of higher claim payouts,” says Allie Feakins, Insurify’ s senior vice…
About Hilb Group: The Hilb Group is a leading property and casualty and employee benefits insurance brokerage and advisory firm headquartered in Richmond, Virginia. Hilb Group is a portfolio company of The Carlyle Group, a global investment firm. Hilb Group is rated as one of the Fastest Growing Brokers by Business Insurance, a Top P/C Agency by Insurance…
–Boston Mutual Life Insurance Company, a national provider of insurance solutions for individuals and at the workplace, today announced the appointment of Daniel King as Regional Sales Director for Western New York, Pennsylvania, and West Virginia in its Distribution and Business Development department. Daniel King brings more than 14 years of experience…
The ongoing change and competition facing the medical professional liability market; Combatting the uncertainty associated with the health care delivery system; The Florida HB 837 bill and its limitations on when policyholders can take legal action; and A $52 million lawsuit settlement for the families of patients fatally overdosed by a physician denied…
Gannon Associates, an Insurance Agency with 10 office locations and a service area that covers Pennsylvania, New York and surrounding states, has two representatives in the Tunkhannock area ready to serve residents. She is also the mom to Ty Richter, 16 and Quinn Haraschak, 7, both students in the Tunkhannock schools. "Gannon Associates represents more than 85…
–JK Tech, a global IT services and solutions company is pleased to announce its strategic partnership with OneShield, a leading provider of innovative insurance technology solutions. This collaboration with JK Tech aims to augment OneShield's delivery, reinforcing their commitment to delivering exceptional customer experiences. "We are delighted to join…
PGIM, the $1.2 trillion global investment management business of Prudential Financial, Inc. has launched the PGIM AAA CLO ETF, offering retail investors direct access to the growing $1.2 trillion collateralized loan obligation market, historically accessible only to institutional investors. High-quality CLOs offer one of the best relative value trades…
-Today, Sun Life Financial Inc. is announcing it has entered into an agreement to indirectly acquire all of the outstanding common shares of Dialogue Health Technologies Inc., Canada' s leading integrated health platform, for $5.15 per Common Share. The total equity value of Dialogue is $365 million on a fully diluted basis. "Together we will empower Canadians…
The independent agency channel places 62% of $765 billion P&C insurance written in the U.S., according to the Big "I" 2022 Market Share Report. The Insurance Information Institute reports there are over 628,000 P&C agents. It personalizes the exclusive underwriting knowledge from Rough Notes, Inc., a trusted leader supporting the independent agents and…
Top state health officials say they plan to plow most of the money into higher payments for doctors, hospitals, and other health care providers who serve Californians covered by Medi-Cal, the state's Medicaid program. Even as they battle for their share, industry leaders are quietly plotting a November 2024 ballot initiative to lock in the Medi-Cal payment…
TAMPA, Fla.— When just one Florida property insurance company went insolvent earlier this year, it left more than 20,500 people with their lives, up in the air. Now the state— through the Florida Insurance Guaranty Association or FIGA— is left to clean up the mess. Since 2019, nine insurance companies have become insolvent in Florida.
Health insurance rates will climb an average of nearly 11% in the Sacramento region and 9.6% statewide next year for consumers who buy their coverage on the state-based Covered California marketplace, the agency announced Tuesday. "Consumers should be alarmed by rising health costs, but also be comforted that Covered California is offering direct and…
District Judge James David Cain recently ruled in favor of First Baptist Church of Iowa, La., in a case involving damage from Hurricane Laura and their insurance company, Church Mutual Insurance Company. The ruling, totaling $1.9 million, finds the insurance company grossly mishandled First Baptist Church of Iowa's claim. which involved the church, fellowship…
MONTPELIER- The Department of Financial Regulation warns consumers to be on alert for potential insurance-related and investment frauds and scams following the recent flood event in Vermont. Natural disasters like floods can give rise to financial scams because bad actors take advantage of times of vulnerability. Vermonters should be on the lookout for…
