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Ohio handheld ban reduced distracted driving by more than 8%

April 25, 2023

Ohio drivers spent an average of 1 minute and 39 seconds per hour on the road handling their phones in March. Since the handheld ban began on April 4, phone motion distraction has fallen to an average of 1 minute and 31 seconds per hour, a drop of over 8%.

Pa. Senate Republicans: Senate Republicans Commend House Insurance Committee for Approving Landmark Breast Cancer Legislation

April 25, 2023

Senate President Pro Tempore Kim Ward along with Senate Republican colleagues Sens. John DiSanto, Tracy Pennycuick, and Devlin Robinson offered their support for Senate Bill 8 as it advanced out of the House Insurance Committee earlier today. "I commend House Insurance Committee Chairman Kevin Boyle for his timely consideration of Senate Bill 8.

Addressing the retirement confidence gap

April 25, 2023

Retirement is a monumental life goal, one that most Americans keep their eye on throughout their working life (and rightfully so!).

ShoreOne strengthens leadership team with experienced Massachusetts Territory Manager

April 25, 2023

ShoreOne Insurance Managers, Inc. is pleased to announce that Peter Hutchinson has been appointed as Territory Manager for Massachusetts. Prior to joining ShoreOne, Hutch held various leadership roles at insurance companies, including his most recent as Assistant Vice President, Territory Manager MA-RI for Narragansett Bay Insurance Company.

What Younger Consumers Want from Insurance

April 25, 2023

–A new study from the Society of Actuaries Research Institute analyzes how younger consumers understand, evaluate and purchase insurance plans. The study also investigates younger consumers' perception of risk and the impact of the COVID-19 pandemic on how they value insurance. The report, "Perceptions of Younger Generations on Risk and Insurance," examines…

Travelers Publishes Its 2022 Community Report

April 25, 2023

The Travelers Companies, Inc. today released its annual Community Report, detailing 2022 charitable contributions of more than $24 million. Employees raised more than $800,000 through the company’ s annual fundraising campaign, which supported United Way and its partner organizations across the United States. More than $5 million went to academic and…

NeuralMetrics Joins Google Cloud Marketplace To Deliver AI-Powered Insurance Underwriting Data and Insights

April 25, 2023

NEW YORK, USA, April 25, 2023/ EINPresswire.com/– NeuralMetrics, a provider of fast, actionable commercial lines data intelligence for insurance classification and underwriting, is now available on the Google Cloud Marketplace. Through the Google Cloud Marketplace, property and casualty insurance organizations of all sizes can seamlessly integrate the…

Majesco Expands Partnership with One Inc Delivering Digital Payments for Claims for P&C

April 25, 2023

Majesco, a global leader of cloud insurance platform software for insurance business transformation, today announced a new digital payment offering for Majesco Claims for P&C customers. This enhancement delivers a comprehensive, inbound-outbound payment processing solution for Majesco customers across the entire P&C Suite. “As a long-standing partner…

Comptroller reviews Buena lunch policy, insurance contracts

April 25, 2023

The Office of the State Comptroller issued a report Wednesday reviewing the awarding of insurance broker contracts and the administration of health insurance and lunch programs in the Buena Regional School District. The report, a follow-upon a Comptroller's Office audit of the district in 2020, indicates that Buena Regional largely complies with state…

Apollo Managing General Agency Leverages Guidewire Predict to Enhance Pricing Capabilities for Business Profitability and Growth

April 25, 2023

RICHARDSON, Texas& SAN MATEO, Calif.—- Apollo Managing General Agency, LLC, a provider of non-standard personal automobile insurance through independent agents in the state of Texas, and Guidewire announced that Apollo is leveraging Guidewire Predict to segment risks by their impact on loss ratio to better compete in the Texas auto insurance market.

Cognetivity Neurosciences Announces Agreement With Japanese Life Insurance Company

April 25, 2023

Vancouver, British Columbia, April 25, 2023- Cognetivity Neurosciences Ltd. has entered into an agreement with Mitsui Sumitomo Aioi Life Insurance to work together to provide Cognetivity's artificial intelligence powered technology to MSA's policyholders through MSA's customer-facing web platform. MSA is the core company of the Japanese domestic…

Centers for Medicare & Medicaid Fact Sheet: Health and Human Services Proposed Rule Clarifying Eligibility for a Qualified Health Plan Through a Marketplace, Advance Payments of the Premium Tax Credit, Cost-Sharing Reductions, a Basic Health Program

April 25, 2023

BALTIMORE, Maryland, April 25– The U.S. Department of Health and Human Services' Centers for Medicare and Medicaid Services issued the following fact sheet on April 24, 2023:. The Centers for Medicare& Medicaid Services is publishing a notice of proposed rulemaking that proposes to modify the definition of "lawfully present" applicable to eligibility for…

LifeQuotes.com Celebrates 13 Consecutive Years of Profitability, Record Quarterly Profit, 125,000 Direct Customer Reviews with a 4.7 Star Average Rating and 2,000 Google Reviews at 4.8 Star Average Rating

April 25, 2023

Executive vice president, Brian Bland, remarked, "Making instant quotes available to life insurance shoppers is the hallmark of the LifeQuotes.com business model. The LifeQuotes platform provides shoppers with term life, whole life, universal life and final expense life insurance quotes ranging from $5,000 to $25 million. The company serves two consumer…

Ageas Federal Life Insurance's iSecure Plan helps to financially secure families at an affordable cost

April 25, 2023

–Ageas Federal Life Insurance, one of India's leading life insurance companies, today announced the launch of its Ageas Federal Life Insurance iSecure Plan– an online term plan that provides comprehensive protection at an affordable cost. The iSecure Plan offers options and features that help customers to enhance financial security for their loved ones as…

Justice Dept.: IRB Brasil Agrees to Pay Shareholders $5M in Connection With Securities Fraud Scheme

April 25, 2023

A publicly traded Brazilian reinsurance company, IRB Brasil Resseguros SA, aka IRB Brasil RE, has entered into a non-prosecution agreement with the Justice Department and agreed to pay $5 million in victim compensation to resolve the government's investigation into a securities fraud scheme to fraudulently prop up IRB's stock price by spreading false…

House Education & Workforce Subcommittee Sets April 26 Hearing on Reducing Health Care Costs for Working Americans, Their Families

April 25, 2023

Tracy Watts, Senior Partner, Mercer, Washington, D.C.. Sabrina Corlette, J.D., Senior Research Professor, Center on Health Insurance Reforms, Georgetown University's Health Policy Institute, Washington, D.C.. Joel White, President, Council for Affordable Health Coverage, Washington, D.C..

MetLife, Inc. 2022 CEO Letter to Shareholders

April 25, 2023

When MetLife sold its first insurance policy in 1868, our aspiration was clear: always deliver on the promises we make to our customers. Today, 155 years later, we are still living our purpose by helping millions of people around the world build a more confident future. We exist to be there for our stakeholders, serving as a source of stability.

InnSure to fund climate risk insurance innovators

April 25, 2023

NEW YORK and BOSTON, April 25, 2023/ PRNewswire/– InnSure, a mission-driven nonprofit dedicated to harnessing the power of the insurance industry to combat climate change will work with the New York State Energy Research and Development Authority to co-develop a program that will competitively award insurance innovators for the research and development of…

Agency Information Collection Activities: Proposed Collection; Comment Request; Revisions to National Flood Insurance Program Maps: Application Forms and Instructions for (C)LOMAs and (C)LOMR-Fs

April 25, 2023

Agency: " Federal Emergency Management Agency, Department of Homeland Security." SUMMARY: The Federal Emergency Management Agency, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public to take this opportunity to comment on an extension, with change of a currently approved information collection.

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