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What a climate of extremes means for low-income, rural Mendocino County residents: "It's killing me"

July 25, 2023

WILLITS, CA, 7/ 25/ 23— One windy night in March, Steffanie Darr and her son had finally settled into their new home at a Lake County mobile home park. For several years, the Darrs lived in relative calm at Creekside Cabins& RV Resort, a mobile home park in eastern Mendocino County. Creekside residents spent three weeks climbing across the gaping pit onto busy Highway 101…

Microinsurance Market to Grow by USD 30.39 billion from 2022 to 2027| Increasing demand for insurance policies drives the market – Technavio

July 25, 2023

–The microinsurance market is estimated to grow by USD 30.39 billion from 2022 to 2027, growing at a CAGR of 6.6%. APAC is estimated to account for 45% of the global market growth. Technavio's analysts have elaborately explained the regional trends, drivers, and challenges that are expected to shape the market during the forecast period. The growth of the APAC…

Financial Supplement June 2023

July 25, 2023

RenaissanceRe Holdings Ltd. is a global provider of reinsurance and insurance that specializes in matching well-structured risks with efficient sources of capital. Established in 1993, the Company has offices in Bermuda, Australia, Ireland, Singapore, Switzerland, the United Kingdom and the United States. This financial supplement includes certain…

TO: ALL PERSONS OR ENTITIES WHO HOLD OR BENEFICIALLY OWN, DIRECTLY OR INDIRECTLY, ZUORA, INC. ("ZUORA" OR THE "COMPANY") COMMON STOCK AS OF MAY 9, 2023 ("CURRENT ZUORA SHAREHOLDERS") – Form 8-K

July 25, 2023

TO: ALL PERSONS OR ENTITIES WHO HOLD OR BENEFICIALLY OWN, DIRECTLY OR INDIRECTLY, ZUORA, INC. COMMON STOCK AS OF MAY 9, 2023. PLEASE READ THIS NOTICE CAREFULLY AND IN ITS ENTIRETY. It is to notify you of the terms of the proposed Settlement, and your rights related thereto. I.WHY THE COMPANY HAS ISSUED THIS NOTICE Your rights may be affected by the Settlement of the…

RenaissanceRe Reports Q2 2023 Net Income Available to Common Shareholders of $191.0 Million; Operating Income Available to Common Shareholders of $407.4 Million

July 25, 2023

13.5% annualized return on average common equity and 28.8% annualized operating return on average common equity. Third consecutive quarter with annualized operating return on average common equity exceeding 28%, driven by continued positive momentum across the three drivers of profit. Strong performance across both segments; Property combined ratio…

Premier Financial Corp. Announces Second Quarter 2023 Results

July 25, 2023

Premier Financial Corp. announced today 2023 second quarter results, including net income of $48.4 million or $1.35 per diluted common share, compared to $22.4 million, or $0.63 per diluted common share, for the second quarter of 2022. Second quarter 2023 results include the impact of the disposition of the Company’ s insurance agency, First Insurance Group, for…

Chubb Reports Second Quarter Net Income Per Share of $4.32, Up 54.3%, and Record Core Operating Income Per Share of $4.92, Up 16.6%; Consolidated Net Premiums Written of $11.95 Billion, Up 16.1%, or 16.8% in Constant Dollars, with P&C Up 10.4% and Combined Ratio of 85.4%; Year-to-Date Net Income Per Share of $8.84, Up 20.3%, and Record Core Operating Income Per Share of $9.32, Up 15.8%

July 25, 2023

–Chubb Limited today reported net income for the quarter ended June 30, 2023 of $1.79 billion, or $4.32 per share, and core operating income of $2.04 billion, or $4.92 per share. For the six months ended June 30, 2023, net income was $3.69 billion, or $8.84 per share, and core operating income was $3.89 billion, or $9.32 per share. For the six months ended June 30, 2023 and…

Fidelity National Financial Announces Second Quarter 2023 Earnings Release and Conference Call

July 25, 2023

–Fidelity National Financial, Inc., a leading provider of title insurance and transaction services to the real estate and mortgage industries, and a leading provider of insurance solutions serving retail annuity and life customers and institutional clients through its majority owned subsidiary F&G Annuities& Life, Inc., will release second quarter 2023…

AM Best rates Sentry A+ for 32nd straight year

July 25, 2023

"Our strategy for success involves accessing new markets, investing in new technologies that better serve the business and our customers, and developing a strong talent pipeline," said Pete McPartland, Sentry Chairman of the Board, President, and CEO. Fewer than 10% of U.S.- based property and casualty insurance companies earn the A+ rating— even less have achieved…

AM Best Places Credit Ratings of Clear Blue Insurance Group’s Members Under Review With Negative Implications

July 25, 2023

AM Best has placed under review with negative implications the Financial Strength Rating of A- and the Long-Term Issuer Credit Ratings of“ a-” of the members of Clear Blue Insurance Group. The FSR of A- and the Long-Term ICRs of“ a-” have been placed under review with negative implications for the members of Clear Blue Insurance Group:. Clear Blue Insurance Company…

CASEY: Virginia couple avoids flimflam by scammer posing as Publishers Clearing House

July 25, 2023

They won $750,000 from Publishers Clearing House, the " International Lotto Commission" and the "Int'l Lottery Board." Also included with the mailing was a legitimate-appearing business check for $8,050, purportedly from a real insurance agency located in Bozeman, Montana. All Judy had to do to get the ball rolling on her grand prize was deposit the check into…

CASEY: Virginia couple avoids flimflam by scammer posing as Publishers Clearing House

July 25, 2023

They won $750,000 from Publishers Clearing House, the " International Lotto Commission" and the "Int'l Lottery Board." Also included with the mailing was a legitimate-appearing business check for $8,050, purportedly from a real insurance agency located in Bozeman, Montana. All Judy had to do to get the ball rolling on her grand prize was deposit the check into…

Woman told stepchild to set home on fire as part of insurance scheme, GA officials say [The Charlotte Observer]

July 25, 2023

A Georgia woman persuaded her stepchild to set fires at their home for the insurance payout, state officials say. Courtney Sellers, 34, of Screven, was arrested July 18 for her role in the scheme, the state’ s Commissioner of Insurance and Safety Fire said in a July 24 news release. On July 17, the Jesup Fire Department contacted the state Fire Marshal’ s Office about a…

More than 220,000 people bumped off Medi-Cal in its first checkup since COVID-19

July 25, 2023

About 225,0000 Californians lost their free or low-cost health coverage as of July 1, in the first round of a Medi-Cal renewal process that had been suspended since early in the COVID-19 pandemic. Medi-Cal, the state's health insurance program for low-income people, typically reviews enrollees' eligibility every year. Less than 3% of the people who lost…

Partnership between Northwestern Mutual Capital and DWS Group achieves investor fundraising goal

July 25, 2023

–Northwestern Mutual Capital and DWS Group have secured $500 million in commitments from investors, successfully accomplishing the goal of the partnership between the two companies. Northwestern Mutual Capital and DWS Group first announced their partnership in October 2020 to identify and develop private market investment opportunities.

AM Best Affirms Credit Ratings of Aflac Incorporated and Its Subsidiaries

July 25, 2023

AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of“ aa” of Aflac Life Insurance Japan, Ltd., American Family Life Assurance Company of Columbus, American Family Life Assurance Company of New York and Continental American Insurance Company. These companies represent the life/health insurance subsidiaries of…

CASEY: Virginia couple avoids flimflam by scammer posing as Publishers Clearing House

July 25, 2023

They won $750,000 from Publishers Clearing House, the " International Lotto Commission" and the "Int'l Lottery Board." Also included with the mailing was a legitimate-appearing business check for $8,050, purportedly from a real insurance agency located in Bozeman, Montana. All Judy had to do to get the ball rolling on her grand prize was deposit the check into…

Majesco Welcomes a Wave of New Customers Across All Software Products for P&C and L&AH, Fueling Impressive Growth in H1 2023

July 25, 2023

Majesco, a global leader of cloud insurance platform software for insurance business transformation announced strong financial results for the first half of 2023. “We are thrilled to welcome a significant number of new customers across all products, reaffirming the diversity, value, and strength of our portfolio,” says Adam Elster, CEO of Majesco.“ The…

7 renovations that can impact your home insurance

July 25, 2023

Homeowners might choose to renovate to create more living space, update their home's design or even put in a pool. Whatever the reason, homeowners may want to consider if their renovations could impact their home insurance policy. Bankrate's insurance editorial team explores how seven popular home renovations may impact your home insurance rates.

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