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AM Best Affirms Credit Ratings of Health Care Service Corporation, A Mutual Legal Reserve Company and Its Subsidiaries

October 31, 2024

AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of“ aa-” of Health Care Service Corporation, a Mutual Legal Reserve Company and its subsidiaries. Furthermore, HCSC has demonstrated strong financial flexibility through its access to Federal Home Loan Bank of Chicago advances, its bank lines of credit and its…

Viable third party

October 31, 2024

If you are really pleased with the genocide in the Middle East, vote duopoly. If you are pleased with Dems never codifying Roe v. However, if you think we need to stop supporting genocide, need single payer health insurance like every other developed nation, a living wage for workers we needed during COVID, and support a woman's control over their own body, please…

Third Quarter 2024 Company Fact Sheet

October 31, 2024

U.S. Businesses| AOI of $1.108 B. For business segment definitions, please refer to Prudential Financial, Inc.' s Annual Report on Form 10‐ K and Quarterly Reports on Form 10- Q. Highly liquid assets predominantly include cash, short-term investments, U.S. Treasury securities, obligations of other U.S. government authorities and agencies, and/or foreign…

Oscar Health Announces New Health Insurance Options in Ohio in 2025

October 31, 2024

Oscar Health, Inc., a leading healthcare technology company, today announced it will bring the Oscar experience to more individuals, families, and businesses through the ACA marketplace in Ohio in 2025. The Oscar experience will be available in 32 counties in Ohio starting January 1, 2025. Oscar has been a proud health plan of choice in Ohio for more than seven…

Healthfirst Opens New Community Office in Flushing, Queens and Supports Access to Quality Healthcare in Diverse Communities

October 31, 2024

Healthfirst, one of New York’ s highest-quality not-for-profit health insurers, has opened a new and expanded community office to support the needs of the diverse community in Flushing, Queens. Left to Right: Errol Pierre, Senior Vice President State Programs at Healthfirst, Peggy Sheng, Chief Operating Officer Coalition of Asian-American IPA, Pat Wang,…

AM Best Affirms Credit Ratings of British Caribbean Insurance Company Limited

October 31, 2024

AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of“ bbb” of British Caribbean Insurance Company Limited. The outlook of these Credit Ratings is stable. The ratings reflect BCIC’ s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, limited business profile and…

Where should you best stash your cash?

October 31, 2024

Still, a recent Cardrates survey reveals 70 percent of Americans think the U.S. is becoming a cashless society. The Investment Company Institute says retail investors' assets in money market funds have grown $951 billion since 2022. Meanwhile, just one day before U.S. Federal Reserve Chair Jerome Powell's historic call to cut, the ICI Money Market Funds report…

Finance Veteran Eugene Wong Joins CLARA Analytics to Guide Company Through Its Next Phase of Hyper Growth

October 31, 2024

CLARA Analytics, a leading provider of artificial intelligence technology for insurance claims optimization, today announced it has hired Eugene Wong as Chief Financial Officer. Mr. Wong brings over 15 years of finance and operating experience to his new role. Eugene Wong, Chief Financial Officer, CLARA Analytics.

No Rate Hike for Texas Windstorm Insurer, State Insurance Regulator Decides | Insurify

October 31, 2024

The Texas Department of Insurance has denied a petition by the Texas Windstorm Insurance Association to increase policyholder rates by 10%. Public comments showed a rate increase "would be unjust and unfair because of the hardships a rate increase would impose on the coast," Texas Department of Insurance Commissioner Cassie Brown wrote in the department's…

Why Idaho Home Insurance Premiums Have Increased by 17% in 2024 | Insurify

October 31, 2024

As of October, Idaho homeowners have seen a 17% rise in premiums in 2024, according to Insurify's analysis of home insurance data. The state's population increased by nearly 10% between 2019 and 2023, with an influx of new residents from California, Oregon, Washington, and Utah, according to the U.S. Census Bureau. Idaho home insurance rates have increased by 17%…

ACA open enrollment begins Friday

October 31, 2024

The Health Insurance Marketplace open enrollment starts Nov. 1 and goes through Jan. 15. Coverage can start as soon as Jan. 1. For the upcoming open enrollment period, Iowa Navigator has received $1.25 million per year for the next five years from the Centers for Medicare and Medicaid Services.

CAPITAL DISPATCH: Iowa among many states facing higher insurance rates due to extreme weather

October 31, 2024

Iowa home insurance rates, on average, had a double-digit increase this year due to persisting damages from derechos and inflation. According to the report, premiums for Iowa homeowners increased 14% from October 2023 to 2024, with the average homeowner now spending $2,416 annually. In 2020, Iowa was one of several Midwest states hit by a derecho that the…

California families battling addiction fight for their lives after insurance denials

October 31, 2024

Christine Dougherty heard the panic in her son's voice. "Mom, they're going to release me soon," Ryan Matlock told his mother over the phone from his addiction treatment center. Desperate to save himself, Matlock had begged his health insurance plan to place him in a Palm Desert residential treatment facility that knew how to handle fentanyl addiction.

MetLife Pet Joins with the Human Animal Bond Research Institute to Champion the Human-Animal Bond

October 31, 2024

WASHINGTON, Oct. 31, 2024/ PRNewswire-PRWeb/– The Human Animal Bond Research Institute and MetLife Pet Insurance Solutions LLC, one of the world's leading financial services companies, today announced a collaboration to advance their shared goal of strengthening the human-animal bond through research, education and advocacy. "We are committed to protecting…

US applications for jobless benefits fall as layoffs remain at historically healthy levels

October 31, 2024

The Labor Department reported Thursday that jobless claim applications fell by 12,000 to 216,000 for the week of Oct. 26. Weekly applications for jobless benefits are considered a proxy for U.S. layoffs. In response to weakening employment data and receding consumer prices, the Federal Reserve cut its benchmark interest rate in September by a half of a…

Scott vs. Mucarsel-Powell: Two plans to address Florida’s climate issues; both vague

October 31, 2024

Yet climate issues have yet to take center stage in an election, even in Florida, the state most affected by climate change. Rick Scott, known for his aversion to speak about climate change, to address the issue in an interview with CNN. Colin Polsky, a climate social scientist at Florida Atlantic University, also found that, in a survey conducted shortly before…

Jobs report on eve of election will be among the most muddled in years

October 31, 2024

WASHINGTON- Four days before Election Day, the government will issue its final snapshot of hiring and unemployment in the United States after a presidential race in which voter perceptions of the economy have played a central role. So just as voters, politicians and Federal Reserve officials are looking for a clear read on the economy, they instead will get a…

Town of Friday Harbor earns Risk Management Award

October 31, 2024

Submitted by The Town of Friday Harbor.. The Town of Friday Harbor was recognized at the AWC Risk Management Service Agency Annual Meeting in Chelan for their hard work and dedication to proactively managing their risks, improving community safety and contributing to lower insurance costs. A program of the Association of Washington Cities, RMSA is a municipal…

State to roll out Georgia Access health insurance exchange

October 31, 2024

Starting Nov. 1, a new state-based exchange- Georgia Access- will replace healthcare.gov as Georgia becomes the 20th state to trade in the federal exchange for a state-specific model. The state-based exchange will give the Georgia insurance department more flexibility to pursue innovative solutions, John King, the agency's commissioner, said at the time. "

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