The two largest Medicare Advantage insurers have separately noted increased member utilization trends for the second quarter of 2023, signaling a potential trendline that could pressure the health insurance sector’ s overall profitability going forward, according to a new AM Best commentary. “Given the growing share of MA earnings in the overall industry’…
Newswires
In my last column, I explained the importance of adequately insuring your dwelling. I explained the basic forms of home policies and insurance company endorsements– company-created additions that can broaden or limit coverages. This week, I will explain the many coverages and deductibles available in a home insurance policy.
The House Energy and Commerce Subcommittee on Oversight and Investigations issued the following testimony by Anas Daghestani, board chair at America's Physician Groups, involving a hearing on June 22, 2023, entitled "MACRA Checkup: Assessing Implementation and Challenges that Remain for Patients and Doctors." My name is Anas Daghestani, MD, and I am a…
MELBOURNE, Australia, June 29– Monash University issued the following news:. Led by Monash University experts, in collaboration with the Universities of Melbourne, Sydney, Queensland, Tasmania, Deakin University and other clinical and consumer partners, the report also found an insurance industry moratorium aimed at preventing this discrimination was…
The House Education and the Workforce Subcommittee on Health, Employment, Labor and Pensions issued the following testimony by Christine H. Monahan, an assistant research professor at the Center on Health Insurance Reforms of Georgetown University's McCourt School of Public Policy, involving a hearing on June 21, 2023, entitled "Competition and…
Jun. 30— A Davenport man is accused of setting fire to a house he owns in order to collect insurance money, Davenport Fire Department officials said. According to the arrest affidavit filed by Davenport Fire Department Capt. Aaron Mack, on Sunday, Oct. 30 at 12:05 a.m., firefighters were sent to 1618 Kirkwood Boulevard for a structure fire.
Bill Cassidy, R- Louisiana, issued the following news release on June 29, 2023:. Yesterday evening, U.S. Senator Bill Cassidy, M.D. addressed the annual banquet for the South Central Industrial Association, which represents more than 250 member companies with over 200,000 employees. In a recent announcement, over $1.3 billion was allocated to Louisiana to extend…
–Today, the Ad Council and Project Yellow Light announced the winners of the 12 th annual Project Yellow Light scholarship competition, a unique opportunity in which students create TV, radio and billboard PSAs to educate their peers about the dangers of distracted driving, specifically the dangers of using your phone while driving. The winning PSAs will be…
Molina Healthcare, Inc. announced today that it has entered into a definitive agreement to acquire 100% of the issued and outstanding capital stock of Brand New Day and Central Health Plan of California, each of which is a wholly owned subsidiary of Bright Health Company of California, Inc. The purchase price for the transaction is approximately $510 million,…
An "insurance emergency" has been declared by the citizens and local governments of Florida since Hurricane Ian, and there are few homeowners who would disagree with that term. Nine months later, many people still don't have their repairs done, which has led to a battle with their insurance companies… companies that they have been paying a lot of money to each month…
A Davenport man is accused of setting fire to a house he owns in order to collect insurance money, Davenport Fire Department officials said. According to the arrest affidavit filed by Davenport Fire Department Capt. Aaron Mack, on Sunday, Oct. 30 at 12:05 a.m., firefighters were sent to 1618 Kirkwood Boulevard for a structure fire.
On behalf of the Board of Directors, it is my pleasure to extend to you an invitation to attend the virtual 2023 Annual General Meeting of shareholders of International General Insurance Holdings Ltd.. The 2023 Annual General Meeting will be held virtually via live webcast on August 9, 2023, at 9:00 a.m. EasteDaylight Time. Due to the continued public health…
As many homeowners and owners of rental property know by now, there really is an insurance crisis in Louisiana. As if Louisiana isn't challenged enough for rental availability and affordability. At the state level, efforts have been made to lure more private-sector property insurers to Louisiana.
Among the affected banks are Bank of America Corp., PNC Financial Services Group, Truist Financial Corp. and Wells Fargo& Co., all with a major Triad presence. The stress-test scenarios are created annually by the Fed, along with the Federal Deposit Insurance Corp. and the U.S. Office of the Comptroller of the Currency. For example, for the first time the Fed board "…
Jun. 29— The county-organized health system that manages Medi-Cal enrollees in Santa Barbara and San Luis Obispo counties and three Central Coast healthcare providers and will pay a total of $68 million to resolve allegations they submitted false claims to Medi-Cal, according to a news release from the California Department of Justice.
Aegon's press release, dated June 30, 2023, is included as appendix and incorporated herein by reference. Aegon's group supervision to transfer from Dutch Central Bank to Bermuda Monetary Authority. Aegon today announces that it intends to move its legal seat to Bermuda.
In her new role, Mostert will be responsible for managing the performance, strategy and development of all Chubb's accident and health, consumer and digital business in South Africa. She will remain based at Chubb's Sandton office and will report to Mark Roberts, Division President, United Kingdom, Ireland and South Africa. Mark Roberts said: "Over the past decade,…
The idea for such a scheme existed since the Whitlam government in the 1970 s, but only really gathered steam after Australia became one of the original state signatories to the United Nations Convention on the Rights of Persons with Disabilities, in 2007.. Against an international backdrop of increasing personalisation of disability services, disability…
Consequently, group supervision to move from the Dutch Central Bank to the Bermuda Monetary Authority Aegon will maintain its headquarters in the Netherlands and will remain a Dutch tax resident The change in group supervision will have no material impact on Aegon’ s capital management approach Aegon to propose changes to its governance including the…
