Apr. 29– A new report by a consumer advocate claims that some Michigan drivers will see only minimal savings this year from the coming rollout of the state's revamped auto insurance system, although Gov. The report by Douglas Heller, a California- based insurance consultant hired by the Coalition Protecting Auto No-Fault, a Michigan group known as CPAN that…
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Mifflinburg Bank& Trust secured $17.2 million for 131 local borrowers in the initial round ending April 16. Susquehanna Community Bank aided 113 local borrowers in receiving $17.8 million. “When you can't get in like this morning, that's very frustrating,” Garry Benfer, senior vice president of loan administration and chief credit officer, Mifflinburg Bank&…
Nonprofit consumer group Delaware Valley Consumers’ Checkbook magazine and Checkbook.org compared prices charged by the region’ s largest auto insurers and found that most area drivers will save $500 or more a year by making a better choice. Many will save $1,000 or more. Checkbook’ s illustrative couple with two cars living in Montgomery County with clean…
Liberty Mutual Strengthens Operation Serving Middle Market Buyers and Brokers
Lisa Gentile, who is based in San Francisco and formerly served as Vice President of Excess Casualty at Travelers, leads the midsize umbrella underwriting team. Schwirtz joined Liberty Mutual ten years ago and has held a number of important positions, most recently leading a team of Energy underwriters through Liberty’s expansion into the Houston market and…
Apr. 29– The economic impact of COVID-19 on Hawaii will be discussed May 7 in a Hawaii Economic Association webinar featuring local economic experts. The presenters will include Paul Brewbaker, principal, TZ Economics; Seth Colby, tax research and planning officer, state Department of Taxation; Erik Kloninger, partner, Kloninger Sims Consulting; and Eugene Tian,…
WORCESTER– The Hanover Insurance Group reported a net loss Tuesday of $40 million or $1.04 per basic share in the first quarter of 2020, but indicates it remains finacially strong. The company posted a net income of $122.4 million, or $2.97 per diluted share in the prior-year first quarter. The difference between the net loss and operating income this past…
Compare-autoinsurance.org has launched a new blog post that explains how the coronavirus outbreak has changed the car insurance industry and what are the expected consequences. For more info and free car insurance quotes, visit https://compare-autoinsurance.org/car-insurance-guide-during-the-coronavirus-pandemic. The coronavirus has…
Minto, ND—- 04/29/2020– The Walsh County Mutual Company offers a wide range of risk management solutions in North Dakota. They are especially renowned for providing the cheapest car insurance in Fargo and Devils Lake North Dakota. They, therefore, try to find the best farm insurance in Jamestown and Devils Lake North Dakota to invest in.
Morehead City, NC—- 04/29/2020– With the increasing number of mishaps every day, the use of protective gear and safety features has become an absolute must. While road safety is critical for car owners, having substantial auto insurance in Atlantic Beach and Beaufort, North Carolina is equally essential. Sound Choice Insurance is a leading resource for auto…
Morehead City, NC—- 04/29/2020– While homeowner's insurance is a critical requirement to cover losses and damages to an individual's house and assets in the home, flood insurance is additional coverage that should be seriously considered. For those living in a flood zone, having flood insurance in Atlantic Beach and Beaufort North Carolina added to the…
FluxCredit, Inc. Announces Results of Special COVID-19 Board Meeting
At its special meeting of board members on April 21, 2020, FluxCredit, Inc. announced that they secured Disaster Relief and PPP Funding from SBA to keep their employees on payroll. In mid-March, Flux adhered to the Stay At Home Order, which was mandated by the State of California. Flux will now allow one Personal Concierge to work alone in their Ventura, CA, office.
Best’s Market Segment Report: U.S. Medical Professional Liability Insurance Market Remains in Flux
The U.S. medical professional liability insurance segment experienced a notable deterioration in underwriting results in 2019. The already dim prospects for the segment’s profitability have been clouded by COVID-19, with uncertainties regarding impacts to loss costs as well as premium refunds and the ability to put planned rate increases into effect,…
Kingstone Schedules 2020 First Quarter Financial Results and Conference Call
Kingstone Companies, Inc., a Northeast regional property and casualty insurance holding company, announced today that it will hold its 2020 First Quarter financial results conference call for analysts and investors on Friday, May 8, 2020 at 8:30 a.m. Eastern Time. Kingstone Companies Q1 2020 Financial Results Conference Call Webcast The webcast will be…
Pacific Life Names Alessandro Papa as Chief Risk Officer
Pacific Life today announced Alessandro Papa as its Chief Risk Officer. Previously, he served as head of Insurance and Product Risk Management where he oversaw actuarial assumptions and pricing for major products, as well as the development of insurance risk analytics within Global Risk Management, and as U.S. Chief Risk Officer, where he was responsible for…
Tencent’s WeSure Unveils New initiative for Cured COVID-19 Patients in Wuhan After Establishment of WeSure Charity Fund
Working with Two Sigma, China Guanghua Science And Technology Foundation, the Fund’s latest initiative will provide insurance protection to 2600 cured COVID-19 patients in Wuhan, who are classified as high risk under vast majority of commercial medical insurance policies and cannot be insured within two years following infection. “The COVID-19 pandemic…
AgencyZoom and HawkSoft Introduce Integration Between Sales Automation Platform and Agency Management System
AgencyZoom will be available on HawkSoft Marketplace with a focus on mutual customers exploring the integrated systems over the next month. “Many sales automation systems are complex and cumbersome to use,” observes Rushang Shah, VP of Marketing for HawkSoft. “When we set out creating our system, the goal was to leverage technology to make insurance agent’s jobs…
Teva Canada Announces the Launch of AJOVY™ For the Preventive Treatment of Migraine in Adults Who Have at Least Four Migraine Days Per Month
Teva Canada, a subsidiary of Teva Pharmaceutical Industries Ltd., announced today that Health Canada has recently granted a notice of compliance to AJOVY™ 225 mg solution for subcutaneous injection in a pre-filled syringe for the preventive treatment of migraine in adults who have at least four migraine days per month. AJOVY™ is the first and only anti-CGRP…
Lloyd Doggett, D- Texas, issued the following news release:. As more than 1.4 million Texans have filed for unemployment insurance amid the deepening economic crisis, and Texas Workforce Commission struggles to handle the influx, U.S. Representative Lloyd Doggett, Chair of the House Ways and Means Health Subcommittee, led all congressional Texas Democrats in…
The coronavirus pandemic is a wake-up call for everyone that we must completely rethink our relationship with China. Every month, a combined 5.6 million members of the U.S. military and the federal civil service contribute a portion of their paychecks to the Thrift Savings Plan, a 401- style retirement plan. Chinese companies directly benefiting from this…
