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Arch Capital Group Ltd. Reports 2023 Third Quarter Results

October 30, 2023

PEMBROKE, Bermuda—- Arch Capital Group Ltd. announces its 2023 third quarter results. Net income available to Arch common shareholders of $713 million, or $1.88 per share, a 20.2% annualized net income return on average common equity, compared to $7 million, or $0.02 per share, for the 2022 third quarter. After-tax operating income available to Arch common…

Thinking about going bare? What to know before you cancel your property insurance [Miami Herald]

October 30, 2023

With the price of premiums doubling the past few years, some Florida homeowners are choosing to go without property insurance, figuring that the savings are worth the risk of going bare in a hurricane-prone state. Florida leads the rest of the nation homeowners shedding coverage. According to the Insurance Information Institute, 15% to 20% of Florida…

Castor, Florida Democratic Congressional Delegation Urge CMS to Protect Access to Health Coverage for Floridians

October 30, 2023

Kathy Castor, D- Florida, issued the following news release:. Kathy Castor and the entire Florida Democratic Congressional delegation urged the Centers for Medicare and Medicaid Services to use every tool at its disposal to aid Florida families who are being cut off from their health coverage by the State. "We are particularly concerned that through October…

Thinking about going bare? What to know before you cancel your property insurance [Miami Herald]

October 30, 2023

With the price of premiums doubling the past few years, some Florida homeowners are choosing to go without property insurance, figuring that the savings are worth the risk of going bare in a hurricane-prone state. Florida leads the rest of the nation homeowners shedding coverage. According to the Insurance Information Institute, 15% to 20% of Florida…

InsureMyTrip Releases Holiday Travel Insurance Outlook 2023

October 30, 2023

Top Holiday Destinations According to data from InsureMyTrip, travelers are either staying close to home or seeking out warm weather this Thanksgiving and Christmas. Top 3 Destinations for Both Thanksgiving and Christmas Travelers:. Average Thanksgiving Travel Costs- 2023: $3,592- 2022: $3,800.

Thinking about going bare? What to know before you cancel your property insurance [Miami Herald]

October 30, 2023

With the price of premiums doubling the past few years, some Florida homeowners are choosing to go without property insurance, figuring that the savings are worth the risk of going bare in a hurricane-prone state. Florida leads the rest of the nation homeowners shedding coverage. According to the Insurance Information Institute, 15% to 20% of Florida…

Income Protection Insurance Market Doubtless to Enhance Future Progress with Allianz, AXA, Zurich: Income Protection Insurance Market is Segmented by Application (Working Individuals, Entrepreneurs, Employers, Others) by Type (Short Term, Long Term) by End User (Men, Women) by Vendor (Private, Government) and by Geography (North America, South America, Europe, Asia Pacific, MEA).

October 30, 2023

The Latest Released Income Protection Insurance Market Research assesses the future growth potential of the Income Protection Insurance market and provides information and useful statistics on market structure and size. Additionally, the report identifies and analyses the changing dynamics and emerging trends along with the key drivers, challenges,…

Socotra Forges New Partnerships, Wins Industry Awards, Enjoys Strong Momentum in 2023

October 30, 2023

Leading insurance core technology provider Socotra announced today that it is stepping into its role as a title sponsor of InsureTech Connect 2023 in Las Vegas on the heels of aggressive growth and steady recognition for its efforts. Socotra has added many new insurance businesses around the world to its list of satisfied customers in 2023, including…

University of Kigali Pays Health Insurance for Over 500 Kigali Residents, Participates in Umuganda

October 30, 2023

Officials and students of University of Kigali, on Saturday, October 28 participated in community work in Kigali and reached out to 566 needy residents in Kimihurura Sector by paying health insurance for them. "As a university we want to show our young Rwandan and international students that helping others is a responsibility," said Prof Manasseh Nshuti, the UoK…

Mutual of Omaha and Wellcare to Offer Co-Branded Medicare Advantage Plans for 2024 Plan Year

October 30, 2023

Mutual of Omaha, a highly rated Fortune 400 organization offering a variety of insurance and financial products for individuals, businesses and groups throughout the United States, today announced it has formed a strategic alliance with Wellcare, the Medicare Advantage brand and wholly owned subsidiary of Centene Corporation, to offer jointly-designed…

Hamond Safety Management Joins World Insurance Associates

October 30, 2023

–ISELIN, NJ- World Insurance Associates LLC, a Top 50 Insurance Brokerage, announced today that it acquired the business of Hamond Safety Management LLC of Syosset, NY in October, 2023. Giordano, Halleran& Ciesla provided legal counsel and Reagan Consulting advised World on the transaction. Andros, Floyd& Miller, P.C. provided legal counsel and PhiloSmith advised…

Three ideas to make your money last in retirement

October 30, 2023

It's National Retirement Security Month, a good time for everyone to consider developing strategies that help them outlive their retirement funds. October 30, 2023 By Dylan Tyson. How clear is your crystal ball?

Mark Farrah Associates Assessed the 2024 Competitive Medicare Advantage Market

October 30, 2023

Mark Farrah Associates, www.markfarrah.com, released an analysis presenting a brief assessment of the 2024 Medicare market landscape. To read the full FREE text of“ Medicare Market Insights and Plan Competition for 2024 ", visit the MFA Briefs on Mark Farrah Associates' website. Mark Farrah Associates Ann Marie Wolfe, [email protected].

AXA XL extends Ecosystem access to clients across multiple insurance lines in North America

October 30, 2023

"We're excited to extend access further with new technologies and innovative solutions that can help our clients address business risks across their operations," said Donna Nadeau, AXA XL's Chief Underwriting Officer for the Americas. According to Rose Hall, Head of Innovation for AXA XL in the Americas, "Through the Ecosystem, we're empowering our clients to…

ACA open enrollment starts Nov. 1, giving consumers a chance to compare health plans and potentially save money

October 30, 2023

–As the Affordable Care Act open enrollment period nears, healthinsurance.org released tips today to help people compare plans and potentially save money. Open enrollment for ACA plans starts Nov. 1, 2023, and ends Jan. 15, 2024, in most states. ACA health insurance plans cover treatment for pre-existing conditions, provide coverage for preventive care with no…

Independence Blue Cross will continue to offer comprehensive health care coverage and strongest network in the region

October 30, 2023

For individuals and families looking for health care coverage in 2024, Independence Blue Cross will continue to offer a variety of health plans with comprehensive health care coverage and access to quality care. "As the region's hometown insurer, Independence Blue Cross has been a pillar in the community for 85 years," said Brett Mayfield, senior vice…

MammaPrint® approved for Reimbursement in the Netherlands

October 30, 2023

IRVINE, Calif.& AMSTERDAM, Netherlands- Agendia NV, a world leader in precision oncology for breast cancer announced today that the Dutch National Healthcare Institute has approved MammaPrint ® for inclusion in the Dutch National health insurance basic package with immediate effect. This significant decision, rendered by ZIN, represents a substantial step…

Q3 2023 Company Overview

October 30, 2023

Forward Looking Statements and Risk Factors. The information presented herein is generally available from public sources, including our and our. subsidiaries' earnings releases and SEC filings. Forward- looking statements are inherently uncertain and there are a number of important risk factors that could cause the actual results for each of the companies…

Home makeover master Ty Pennington joins forces with Kin Insurance

October 30, 2023

Ty Pennington, a renowned designer, carpenter, and Emmy award-winning TV host, has teamed up with Kin Insurance as its brand ambassador. Ty Pennington partners with Kin. Fortunately, Kin is growing rapidly in Florida and other coastal states, where it insures $45 billion in assets, attracting homeowners who aren’ t being well served by other carriers.

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