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By a News Reporter-Staff News Editor at Insurance Weekly News– A new study on Economics- Insurance Economics is now available. Financial support for this research came from Natural Science and Engineering Research Council of Canada. The news reporters obtained a quote from the research from Simon Fraser University, “The first one is based on the individual…

A.M. Best does not anticipate a significant number of rating actions related to Hurricane Harvey, but does expect to see pressure on performance for regional property and auto writers, particularly those focused on writing business in the impacted area. Currently, A.M. Best rates 15 insurers with Texas premium revenue accounting for greater than 50% of their…

By a News Reporter-Staff News Editor at Insurance Weekly News– According to news reporting originating from Washington, D.C., by VerticalNews journalists, a U.S. Securities and Exchange Commission filing by Emc Insurance Group Inc. was posted on August 17, 2017. The SEC file number is 0000356130-17-000124.. A U.S. Securities and Exchange Commission filing is a…

By a News Reporter-Staff News Editor at Insurance Weekly News– According to news reporting originating from Washington, D.C., by VerticalNews journalists, a U.S. Securities and Exchange Commission filing by Reinsurance Group of America Inc. was posted on August 17, 2017. The SEC file number is 0001246360-17-002591.. A U.S. Securities and Exchange Commission…

By a News Reporter-Staff News Editor at Obesity, Fitness& Wellness Week– LTCG, the recognized leader in business processing outsourcing for long term care insurance, just announced it has signed a definitive agreement to acquire LifePlans, Inc., a national provider of innovative risk management solutions for insurers, and its Canadian division LifePlans LTC…

—The Latest on a Houston- area chemical plant that lost power after Harvey:. The U.S. Chemical Safety Board is investigating after explosions and fires rocked a flood-crippled chemical plant near Houston. Chairwoman Vanessa Allen Sutherland said in a Thursday conference call that the agency wants to learn more information about which specific chemicals were…

Advertising will be cut from $100 million spent on 2017 sign-ups to $10 million, said Health and Human Services officials. Funding for consumer helpers called “navigators” will also be cut about 40 percent, from $62.5 million for 2017, to $36.8 million for next year. About 12.2 million people signed up for subsidized private health insurance under Barack…

By a News Reporter-Staff News Editor at Insurance Weekly News– At its regular meeting held on August 23, 2017, the OneBeacon Insurance Group, Ltd. Board of Directors declared a $0.21 per share quarterly dividend, payable in cash on September 28, 2017, to holders of record of Common Shares as of the close of business on September 8, 2017. About OneBeacon: OneBeacon…

By a News Reporter-Staff News Editor at Insurance Weekly News– According to news reporting originating from Washington, D.C., by VerticalNews journalists, a trademark application has been made for “PARTICIPATION PLUS” by Dorothy von Hollen, representing Prudential Insurance Company. The owner/registrar information for this application is: Dorothy von…

By a News Reporter-Staff News Editor at Insurance Weekly News– The Standard Charitable Foundation, Standard Insurance Company and its employees contributed more than $5.4 million last year to nonprofits. The Standard provides philanthropic support annually through its corporate giving program and The Standard Charitable Foundation.

By a News Reporter-Staff News Editor at Investment Weekly News– Voya Financial, Inc., announced that for the first time it will offer a new advisory-based solution to its diverse mutual fund portfolio to help Americans grow, protect and enjoy their savings in retirement. Working through a financial advisor, Voya Select Advantage Advisory IRA offers customers…

New Insurance Economics Study Results Reported from University of Waterloo. Our news journalists obtained a quote from the research from the University of Waterloo, “To further illustrate the applications of the tail subadditivity, we propose multivariate tail distortion risk measures and generalize the multivariate tail conditional expectation risk…

By a News Reporter-Staff News Editor at Insurance Weekly News– According to news reporting originating from Washington, D.C., by VerticalNews journalists, a trademark application has been made for “NORTHFIELD” by Robin R. Fuller, representing Travelers Companies. The owner/registrar information for this application is: Robin R. Fuller, Travelers Companies, 385…

Canada’ s property/casualty and life insurance sectors continue to demonstrate stable operating performance despite the potential market pressures brought on by growing weather and fire catastrophes and a persistently low interest rate environment, according to a new A.M. Best special report. “Most Canadian P/C writers rated by A.M. Best maintain…

By a News Reporter-Staff News Editor at Journal of Engineering– AbleTo, Inc., the leading provider of technology-enabled behavioral health solutions proven to improve patient outcomes and lower healthcare costs, announced it has closed $36.6 million in financing, led by Bain Capital Ventures and also includes strategic investor Aetna.

By a News Reporter-Staff News Editor at Managed Care Weekly Digest– Health care is one of the largest costs for people in retirement, so planning for these expenses is a critical part of any retirement savings strategy. The 2017 estimate is $275,0001, a six percent increase over last year’s estimate of $260,000. “With ongoing uncertainty across the health care…