That followed a unanimous vote in the state Senate last month advancing the legislation. "It will provide for women at high-risk, MRIs at no cost, no co-pay, no co-insurance, no deductible," Pat Halpin-Murphy, president of the PA Breast Cancer Coalition, said. An estimated 12,830 Pennsylvanians are anticipated to be diagnosed with breast cancer this year, according…
Newswires
Being home most of the time has become the new norm for many Americans, a lasting result of 2020' s COVID-19 pandemic. Connected devices are being used virtually nonstop, as the homebound stream shows to binge watch and video chat with friends to help pass the time. "Cybercriminals are continuously looking for ways to exploit computer system vulnerabilities and…
Andrid "Andy" Olson took Kwik Trip Inc., known locally as Kwik Star, to court over the crash alleging negligence connected to the early morning crash that spilled 7,500 gallons of fuel. Stillwater Insurance Group joined the action as the third-party plaintiff and Kwik Trip filed against the driver. Authorities said a Kwik Trip driver, Dakota David Luck, had been on…
The collapses earlier this year of Silicon Valley Bank and Signature Bank, which catered mostly to the tech industry, were the second- and third-biggest bank failures in U.S. history. Yes, if your money is in a U.S. bank insured by the Federal Deposit Insurance Corp. and you have less than $250,000 there. Nearly all banks are FDIC insured.
–Kansas City Life Insurance Company recorded a net loss of $3.2 million or $0.33 per share in the first quarter of 2023 compared to a net loss of $7.7 million or $0.79 per share in the first quarter of 2022.. Kansas City Life Insurance Company was established in 1895 and is based in Kansas City, Missouri. The Company operates in 49 states and the District of Columbia.
________ All amounts in this report are stated in millions except where noted, common stock data and percentages. CHICAGO- April 27, 2023- Old Republic International Corporation today reported pretax income, excluding investment gains, of $222.9 for the quarter. Solid General Insurance underwriting results led to a consolidated combined ratio of 92.7%….
MOODY'S CORPORATION FIRST QUARTER 2023 EARNINGS CONFERENCE CALL. This morning, Moody's released its results for the first quarter of 2023, as well as our revised outlook for select metrics for full year 2023. In accordance with the Act, I also direct your attention to the "Management's Discussion and Analysis" section and the risk factors discussed in our…
State lawmakers' legislation to crack down on misbehaving insurance companies had teeth. SB 7052 still gives state regulators new powers to investigate insurers and hold them accountable, a sea change in Tallahassee after years of largely giving companies what they want in an effort to stop rapidly rising premiums and a slew of company insolvencies.
AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of B and the Long-Term Issuer Credit Rating of“ bb” of Uzbekinvest Export-Import Insurance Company JSC. The Credit Ratings reflect Uzbekinvest’ s balance sheet strength, which AM Best assesses as very strong, as well as its marginal operating performance,…
–The National Association of Professional Insurance Agents is pleased by the reintroduction of one of our top priorities for 2023, the "Federal Insurance Office Elimination Act" by Rep. "In addition, the FIO has consistently sought new ways to expand its mandate beyond the intent of Congress, which put specific limits on its authority." In addition, it may soon seek…
Arch RoamRight has released its 2023 Travel Insurance Playbook℠, a reference guide for travel industry professionals. The Travel Insurance Playbook provides insights into travel trends, valuable statistics, travel insurance case studies and inside tips from travel advisors and industry specialists. “2022 was a remarkable year for the travel industry, and…
Arch RoamRight has released its 2023 Travel Insurance Playbook℠, a reference guide for travel industry professionals. The Travel Insurance Playbook provides insights into travel trends, valuable statistics, travel insurance case studies and inside tips from travel advisors and industry specialists. “2022 was a remarkable year for the travel industry, and…
"The dynamic nature of our nation's economy can have an adverse impact on the banking industry", says William Hess, Vice President of Rockwood's Financial Institution Division. Glenn W. Clark, CPCU- President of Rockwood Programs says, "We have tailored a solution for this particular niche market through the establishment of the Bankers Defender initiative.
Serene Insurance Ghana Limited has presented a personal accident insurance cover for 1000 participants at the second Accra Inter-City Homowo Marathon fixed for July 29. Mrs Mercy Naa Koshie Boampong, Chief Executive Officer of Serene Insurance said marathons were very significant for promoting tourism, good health and physical fitness.
Thanks to our state leaders’ diligence in making North Carolina an ideal place to live and work, more people are coming here every day. North Carolina is a state that embraces its heritage while preparing for the future. Proposed legislation, currently under consideration by the N.C. General Assembly with bipartisan support in both chambers, seeks to modernize…
–Fannie Mae announced today that it has executed its fourth Credit Insurance Risk Transfer™ transaction of 2023. As part of Fannie Mae's ongoing effort to reduce taxpayer risk by increasing the role of private capital in the mortgage market, CIRT 2023-4 transferred $501.6 million of mortgage credit risk to private insurers and reinsurers.
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of Shinkong Insurance Company Limited. The outlook of these Credit Ratings is stable. The ratings reflect Shinkong Insurance’ s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile…
Michigan Attorney General Dana Nessel issued the following news release:. Michigan Attorney General Dana Nessel and Director Anita Fox from the Department of Insurance and Financial Services released a video to announce criminal enterprise and related charges against six individuals who are accused of auto insurance fraud and taking advantage of…
Pennsylvania Attorney General Michelle Henry issued the following news release:. Attorney General Michelle Henry announced today that a Bradford County nurse practitioner was sentenced to ten years of restrictive probation after pleading guilty last month to prescribing medications without a collaborating doctor and false billing.
