AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of“ aa-” of WestGUARD Insurance Company, AmGUARD Insurance Company, EastGUARD Insurance Company, NorGUARD Insurance Company and AZGUARD Insurance Company, which operate under an intercompany pooling agreement.
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13 G Under the Securities Exchange Act of 1934* Check the appropriate box to designate the rule pursuant to which this Schedule is filed:☑ Rule 13 d-1☐ Rule 13 d-1 (c)☐ Rule 13 d-1* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form…
Insurity, a leading provider of cloud-based software for insurance carriers, brokers, and MGAs, recently concluded its largest-ever Excellence in Insurance conference, held in Amelia Island, Florida. The mainstage keynotes offered powerful insights on transformative leadership and innovation, with Gray Nester, CIO of Brown& Brown, emphasizing the role of…
MONTPELIER- The Vermont Department of Financial Regulation has seen an uptick in health care scams. DFR reminds Vermont residents that the only legitimate, state-certified individual health insurance plans available in Vermont are Qualified Health Plans. Qualified Health Plans are only available from Vermont Health Connect, which is administered by the…
AM Best has maintained its market segment outlook for the U.S. health insurance segment at stable, citing among other factors solid levels of capitalization and profitability despite declining underwriting results. “The overall commercial group segment has not experienced substantial enrollment gains, but membership growth has been helped by the…
AM Best has assigned a negative outlook on the U.S. Medicare Advantage and Medicaid managed care segment, citing several adverse factors affecting each government health insurance-related program. Given the aging of the U.S. population, Medicare enrollment growth is expected to continue. “Ongoing improvements in medical science and advances in new…
Today, Curative Insurance Company, a leader in innovative health insurance solutions, released, in collaboration with the Health Analytics and Insights Group, results from an eye-opening new survey* revealing critical problems for Georgians with employer-sponsored health insurance. **The study of 500 adults in the Atlanta metropolitan area revealed…
One of the bigger drivers of Medicaid's rising costs in Virginia is the ballooning expense of covering weight-loss drugs, a state Senate Finance Committee review found. That cost climbed to $267.8 million for the fiscal year that ended June 30, more than three times the bill from when Virginia Medicaid began covering the increasingly commonly prescribed…
MONTPELIER- The Vermont Department of Financial Regulation has seen an uptick in health care scams. DFR reminds Vermont residents that the only legitimate, State-certified individual health insurance plans available in Vermont are Qualified Health Plans. Qualified Health Plans are only available from Vermont Health Connect, which is administered by the…
Johnson’s remit specifically includes oversight of Hadron UK Insurance Company, subject to regulatory approval, and its affiliates, with the aim of building a premier franchise serving the delegated authority market in the UK and EU. The appointment comes following Hadron’s impressive inaugural year, with established and de novo programs onboarded and…
On Wed., Nov. 20, Volunteers of America Mid-States and Kentucky Association of Health Plans hosted Lincoln County Judge/Executive Woods Adams, Stanford Mayor Dalton Miller, State Senator Brandon Storm, Kentucky House Speaker Pro Tem David Meade, and community leaders at the Historic L& N Depot and Museum. VOA's Freedom House is a nationally recognized recovery…
As state lawmakers who have worked for many years to ensure access to health care for our constituents, we are asking Congress to pass legislation before the end of this calendar year to extend existing enhanced premium tax credits and create a pathway to make these critical financial protections permanent. In 2021, Congress increased the value of the tax…
Greater Hartford saw one of the biggest increases in the country for new mortgages in the third quarter, with the Federal Reserve cutting interest rates to provide a psychological boost for borrowers that they will be able to refinance down the road. Freddie Mac calculated an average 30- year mortgage rate of 6.84 percent last week, a slight increase from the…
Donald Trump's staff choices will ensure he faces less internal pushback on his aggressive economic policies, such as tariff hikes, than during his first term, former commerce secretary Wilbur Ross told AFP Monday. Last week, he named his transition team co-chair Howard Lutnick his commerce secretary and billionaire hedge fund manager Scott Bessent to helm…
–Legislation has been introduced in the U.S. Senate to support the nation's response stemming from financial threats by the Chinese Communist Party. The legislation would require the U.S. Department of Treasury, "in consultation" with the State Department, Federal Reserve, U.S. Securities and Exchange Commission, and Commodity Futures Trading Commission, to…
STATEWIDE— TWO MAJOR AUTO INSURERS WILL HAVE TO PAY a total of $11.3 million in penalties for a data breach that resulted in hackers obtaining customers' sensitive information, as part of a settlement with New York State. Attorney General Letitia James and Adrienne A. Harris, superintendent of the State Department of Financial Services, on Monday, Nov. 25, secured…
With the positive June Medicare coverage decision, kidneyintelX.dkd has just completed the trifecta of FDA approval, insurance reimbursement and guidelines recommendation. kidneyintelX.dkd is now the only regulated and reimbursed test available for early prognosis, a cornerstone in understanding who is at risk and who to treat with lifetime drug…
Nov. 25— As the calendar approaches Thanksgiving, dozens of property owners face a second winter living in temporary shelters following the devastating Oregon Road and Gray fires that ravaged areas around Elk and Medical Lake. Data collected by the Washington state Office of Insurance Commissioner shows that insurance companies have paid out more than $212…
Nov. 25— CVS Health plans 42 more layoffs at the Aetna headquarters in Hartford, with most job cuts coming to remote workers based in other states, according to a WARN notice filed with the state Labor Department late on Monday. CVS Health also replaced its CEO last month, pushing out Aetna veteran Karen Lynch. Monday's layoffs will include 12 employees who work in…
