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AM Best Affirms Credit Ratings of California Insurance Company and Affiliates

October 29, 2024

AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Ratings of“ a-” of California Insurance Company and its affiliates, which are collectively referred to as North American Casualty Group. The FSRs of A- and the Long-Term ICRs of“ a-” have been affirmed with negative outlooks for the following affiliates of California Insurance…

CLS Global Clarifies Position Amid SEC, FBI, DOJ Takedown of Fraudulent Crypto Firms

October 29, 2024

In response to recent actions by a U.S. prosecutor and the U.S. Securities and Exchange Commission against several cryptocurrency firms, including CLS Global, the company has issued a statement addressing the situation. Market Engagement According to the company, CLS Global has maintained a policy of seeking not to operate within the United States market or…

AM Best Upgrades Credit Ratings of Jet Insurance Company

October 29, 2024

AM Best has upgraded the Financial Strength Rating to A- from B++ and the Long-Term Issuer Credit Rating to“ a-” from“ bbb+” of Jet Insurance Company. The outlook of these Credit Ratings has been revised to stable from positive. The company is building a geographically diverse book of business sourced through its affiliated wholesale insurance agency and Jet’ s…

AM Best Affirms Credit Ratings of Ørsted Insurance A/S

October 29, 2024

AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of Ørsted Insurance A/S. ORIAS is the captive insurer for Ørsted A/S, a global sustainable energy group headquartered in Denmark. In 2023, ORIAS reported a net profit of DKK 84.4 million, which improved compared with the DKK 141.7 million net loss reported in…

SEC Chair Gary Gensler Advocates for Innovation at Money20/20 USA Fireside Chat

October 29, 2024

Money20/20, the world’ s leading fintech show, and the place where money does business hosted a virtual keynote session with Gary Gensler, Chair of the U.S. Securities and Exchange Commission yesterday in a fireside chat at Money20/20’ s US show in Las Vegas. Moderated by Axios Senior Business Reporter Hope King, the conversation explored SEC policies and the…

HOMEE Raises $12 Million in Series C Funding Round

October 29, 2024

The financing, which includes new investors, The Institutes, the leading provider of risk management and training for the insurance industry, and Sure, Inc. the fastest growing insuretech building the technology rails for digital insurance, brings the total capital raised by the Company to more than $75 million. The new investors join existing strategic…

Americans See Link Between Attorney Involvement in Claims and Higher Auto Insurance Costs: IRC Report

October 29, 2024

Widespread advertising by billboard attorneys to encourage consumers to hire a lawyer to settle an auto accident claim leads to higher costs of auto insurance across the U.S., according to the majority of respondents in a new report from the Insurance Research Council, an affiliate of The Institutes. The IRC report, Public Opinions on Attorney Involvement in…

North American and AMS Financial Services Group Announce Max Elite Annuities

October 29, 2024

North American Company for Life and Health Insurance ®, an A+ rated carrier 3 and member company of Sammons ® Financial Group and one of the largest issuers of fixed index annuities in the U.S. 1, is partnering with AMS Financial Services Group, a long serving financial solutions provider. “AMS Financial Solutions Group is thrilled to have collaborated with…

Americans Lack Plans for Retirement Income, Allianz Life Study Finds

October 29, 2024

Many Americans lack a plan for how they will draw from their retirement savings for income in retirement and worry about the funds lasting for their lifetime, according to the 2024 Annual Retirement Study* from Allianz Life Insurance Company of North America. “If you don’ t know how you will draw from your retirement assets for income, then you aren’ t ready to retire,”…

PART I INFORMATION SENT TO SECURITY HOLDERS – Form CB

October 29, 2024

SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549. TENDER OFFER/RIGHTS OFFERING NOTIFICATION FORM. Please place an X in the box to designate the appropriate rule provision relied upon to file this Form:.

Oscar Health Announces New Health Insurance Options in Georgia in 2025

October 29, 2024

Oscar Health, Inc., a leading healthcare technology company, today announced it will bring the Oscar experience to more individuals, families, and businesses through the ACA marketplace in Georgia in 2025. The Oscar experience will be available in 47 markets, including 17 new markets, in Georgia starting January 1, 2025. Bronze, Silver, and Gold HMO plans that work…

Oscar Health Announces New Health Insurance Options in Iowa in 2025

October 29, 2024

Oscar Health, Inc., a leading healthcare technology company, today announced it will bring the Oscar experience to more individuals, families, and businesses through the ACA marketplace in Iowa in 2025. The Oscar experience will be available in 75 markets in Iowa starting January 1, 2025. Oscar has been a proud health plan of choice in Iowa for more than six years…

Oscar Health Announces New Health Insurance Options in Florida in 2025

October 29, 2024

Oscar Health, Inc., a leading healthcare technology company, today announced it will bring the Oscar experience to more individuals, families, and businesses through the ACA marketplace in Florida in 2025. The Oscar experience will be available in 30 markets in Florida starting January 1, 2025. Bronze, Silver, and Gold EPO plans that work within any budget. $0…

Study Shows PayMedix Lowers Costs and Improves Access to Healthcare for All Members

October 29, 2024

Today PayMedix announced findings from a longitudinal analysis of member data that shows its zero-interest financing and healthcare payments solution successfully stems the rise in health insurance costs for its employer members by as much as 40% versus the national average. Further, its data revealed that subscribers are less likely to require…

Self-insurance program returns $95,578 to regional counties

October 29, 2024

Seventeen west central Nebraska counties and three regional fair boards will share a combined $95,578 in 2024 cash dividends returned to members of the Nebraska Intergovernmental Risk Management Association. The intergovernmental risk management system and self-insurance program split $1 million in dividends among 83 member counties and eight…

California families battling addiction fight for their lives after insurance denials

October 29, 2024

Christine Dougherty heard the panic in her son's voice. "Mom, they're going to release me soon," Ryan Matlock told his mother over the phone from his addiction treatment center. Desperate to save himself, Matlock had begged his health insurance plan to place him in a Palm Desert residential treatment facility that knew how to handle fentanyl addiction.

Rhetoric versus reality: Addressing common misconceptions about the economy

October 29, 2024

But those who are still deciding between the two main candidates– Democrat Kamala Harris and Republican Donald Trump– have until Nov. 5 to wade through various myths and exaggerations to understand the state of the economy and each candidate's record on related issues. What is the state of inflation in the U.S.? The Federal Reserve cut its key interest rate by half…

Ask the Medicare Specialist

October 29, 2024

Question: Why does there have to be an "Annual Election Period" to make changes to our Medicare insurance? Why can't we do that all year long? Lastly can you tell us what you're seeing so far and what you feel is important for those of us on Medicare to be aware of for 2025?

Nebraska Extension hosting livestock risk management workshop in Curtis

October 29, 2024

CURTIS— On Nov. 13, The University of Nebraska-Lincoln's Center for Agricultural Profitability and Nebraska Extension will host a risk management workshop in Curtis to update livestock producers on the latest insurance options and risk management planning strategies. From 7 to 9 p.m. at the Nebraska College of Technical Agriculture, Educational Center…

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