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The Progressive Corp. (NYSE: PGR) Highlighted for Surprising Price Action

January 24, 2024

The Progressive Corporation (NYSE: PGR) has caught the attention of the investment community today with its bullish price action. The company’s shares have moved 1.39% on the day to $155.19. The Progressive Corporation, an insurance holding company, provides personal and commercial auto, personal residential and commercial property, general liability, and other specialty property-casualty insurance products […]

Unlock Health Appoints Kevin Thilborger as Chief Managed Care Officer and Chief Revenue Strategy Officer

January 24, 2024

NASHVILLE, Tenn., Jan. 24, 2024/ PRNewswire/– Unlock Health, a healthcare technology and services growth platform for providers and fast-growing digital health organizations, today announced the appointment of Kevin Thilborger as Chief Managed Care Officer and Chief Revenue Strategy Officer. In his new role, Kevin will spearhead the Managed Care Consulting…

Adam Beam named CEO of ImagineCare

January 24, 2024

–ImagineCare, a joint venture between Spark Pediatrics and CareSource, announced the appointment of Adam Beam as CEO. Spark Pediatrics and CareSource mutually agreed on this appointment. "We are pleased to announce the appointment of Adam Beam to lead ImagineCare,” said Scott Markovich, executive vice president of markets and products for CareSource, and…

POWER TO DECIDE APPLAUDS NEW GUIDANCE ON CONTRACEPTIVE COVERAGE AND URGES ENFORCEMENT

January 24, 2024

WASHINGTON, Jan. 24– Power to Decide issued the following news release on Jan. 23, 2024:. Power to Decide has detailed these ongoing violations in our 2022 report and the House Oversight and Reform Committee found similar patterns of non-compliance. In response to the administration's new contraceptive coverage guidance, Power to Decide CEO, Raegan…

American Academy of Actuaries: Committee Comments on Gene Therapy RFI

January 24, 2024

The American Academy of Actuaries issued the following letter:. To: The Honorable Bill Cassidy, M.D., Ranking Member, U.S. Senate Committee on Health, Education, Labor, and Pensions. On behalf of the Health Care Delivery Committee, the Individual and Small Group Markets Committee, and the Active Benefits Committee of the American Academy of Actuaries,/ 1 we appreciate…

Micro Insurance a Better Mechanism in Reaching Small Scale Farmers Financially

January 24, 2024

Agriculture is the mainstay of the nation's economy and almost 80 percent of the population earns their living from the sector. It also contributes up to 85 percent of export earnings. Solomon Zegeye is working at the Nyala Insurance Company as a Manager of Micro Finance Department.

OneAmerica® Appoints New Board Member George Nichols

January 24, 2024

He also served as executive vice president in the Office of Governmental Affairs, a position encompassing all legislative, regulatory and public policy issues at the company, and Profit Center Head for the AARP business for New York Life. Prior to joining New York Life, Nichols was the state of Kentucky's first Black insurance commissioner, leading regulation…

EmPRO Insurance Selects Origami Risk’s P&C Insurance Core Technology to Drive Efficiency, Facilitate Growth, Enhance Customer Service

January 24, 2024

“As our business enters a period of accelerated growth, we need a scalable technology solution that will transform our core functions while enabling us to continue raising the bar on our outstanding customer service,” said Brian Nolan, chief operating officer, EmPRO.“ Origami consolidates our policy, billing and claims administration onto a single platform,…

AM Best Removes From Under Review With Positive Implications and Upgrades Credit Ratings of Himalayan Reinsurance Limited

January 24, 2024

AM Best has removed from under review with positive implications and upgraded the Financial Strength Rating to B+ from B and the Long-Term Issuer Credit Rating to“ bbb-” from“ bb+” of Himalayan Reinsurance Limited. Following the company’ s public listing in January 2024, shareholders’ equity close to doubled, increasing from NPR 7.7 billion as of fiscal year that…

N.Y. U.S. Attorney: Former Police Chief And Doctor Plead Guilty to Insider Trading Around Alexion Pharmaceuticals' Acquisition of Portola Pharmaceuticals

January 24, 2024

The office of the U.S. Attorney for the Southern District of New York issued the following news release on Jan. 23, 2024:. Damian Williams, the United States Attorney for the Southern District of New York, announced today that SHAWN CRONIN and PAUL FELDMAN each pled guilty before U.S. Magistrate Judge Sarah Netburn to one count of securities fraud in connection…

ACNB Corporation Announces First Quarter Cash Dividend

January 24, 2024

–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 $0.30 per share of ACNB Corporation common stock payable on March 15, 2024, to shareholders of record as of March 1, 2024. ACNB Corporation, headquartered in…

Applied Rating Index Year-End and Q4 2023 Released

January 24, 2024

For Personal Auto, all provinces experienced an increase year over year, with Quebec seeing the highest at 12.4% and Alberta the lowest at 7.6%. British Columbia saw the highest premium rate change at 11.1% and Alberta experienced the lowest at 0.7%.. Personal Property premium rate change increased 2.4% versus Q3 2023. Provinces: Across Personal Auto, all…

ACNB CORPORATION ANNOUNCES FIRST QUARTER CASH DIVIDEND – Form 8-K

January 24, 2024

ACNB CORPORATION ANNOUNCES FIRST QUARTER CASH DIVIDEND GETTYSBURG, PA, January 24, 2024— 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 $0.30 per share of ACNB Corporation common stock payable on March 15, 2024,…

AM Best Affirms Credit Ratings of Meiji Yasuda Life Insurance Company

January 24, 2024

AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Rating of“ aa-” of Meiji Yasuda Life Insurance Company. The outlook of these Credit Ratings is stable. Meiji Yasuda has demonstrated stable and resilient operating performance, underpinned by its large premium revenue stream and strong base profits that amounted JPY 3.7…

Savvy Senior: What you need to know about Medicare spouse coverage

January 24, 2024

Are spouses who have not worked outside the home eligible for Medicare benefits? I have worked most of my adult life, but my wife has been a mother and homemaker since we got married and hasn't held an income-producing job since she was in college. Will she be eligible for Medicare?

THE INSURER F LAST RESORT

January 24, 2024

RUNNING SPRINGS— The fire-insurance premium for Bill King's home has risen 145% since 2017— from $399 to $979— under the California FAIR Plan, the state's last option for homeowners seeking fire insurance. Add that to the increase in his auto-insurance premium, and King, who lives in Running Springs in the San Bernardino Mountains, is worried.

Napoli Shkolnik 2023 In Review: Law Firm Reaches Groundbreaking Victories for Victims of Water Contamination; Important Litigation Filed in Insulin Pricing Scheme, Air Pollution, and More

January 24, 2024

In June, Napoli Shkolnik, along with other co-lead counsel, reached a $1.185 billion agreement with DuPont, Chemours, and Corteva for their role in polluting public water supply systems throughout the United States with AFFF, which contains toxic per- and polyfluoroalkyl substances. Napoli Shkolnik Partner Paul Napoli serves on the PFAS Settlement Steering…

Florida weighs tying home insurance to unpaid mortgage balances

January 24, 2024

With Florida homeowners burdened by the highest property insurance costs in the country, the state legislature is considering a pair of bills aimed at reducing premiums by tying them to unpaid mortgage balances. Florida is the least affordable state for home insurance, the digital insurance agency recently reported. If passed, the bills would empower the…

Did central banks break inflation? Some economists have doubts

January 24, 2024

The debate is heating up as European Central Bank policymakers meet this week, with many observers now expecting its benchmark lending rates to start coming down by this summer. Governors at the US Federal Reserve are also weighing cuts for later this year, fanning hopes that the price surges seen in the wake of Covid-19 lockdowns and Russia's war on Ukraine…

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