–The Doctors Company, the nation's largest physician-owned medical malpractice insurer, part of TDC Group, announced today the promotion of Deepika Srivastava to Chief Operating Officer. "I am pleased to congratulate Deepika on her enhanced role at The Doctors Company. She embodies our mission to advance, protect, and reward the practice of good medicine, "said…
Newswires
HOUSTON and TUPELO, Miss., Jan. 29, 2024/ PRNewswire/– Cadence Bank, today announced financial results for the quarter and year ended December 31, 2023. The discontinued operations include the financial results of Cadence Insurance prior to the sale, as well as the associated gain on sale in the fourth quarter of 2023. Achieved net income available to common…
AM Best has assigned a Preliminary Credit Assessment to Amherst Specialty Insurance Company with a Financial Strength Assessment of A- pca and a Long-Term Issuer Credit Assessment of“ a-” pca. The outlook assigned to this PCA is stable. The proposed operating performance assessment is based on Amherst’ s primary business programs, which have been in place at Risk…
–Employers Holdings, Inc. today announced that it will release its fourth quarter and full-year 2023 financial results after market close on Thursday, February 15, 2024, after which these materials will be available on the Company’ s website at www.employers.com through the“ Investors” link.. EMPLOYERS ® and America’ s small business insurance specialist ®…
The AHIP and BCBSA survey found that the NSA prevented more than 10 million surprise medical bills from health care facilities, providers, and air ambulance providers from reaching patients. Another key finding from the study–67% of health insurance providers indicated that they increased their provider networks since the enactment of the NSA, with no…
On January 29, 2024, the Compensation Committee of the Board of Directors of TechnipFMC plc approved the renewal of Executive Severance Agreements with our Chief Executive Officer, our Executive Vice President and Chief Technology Officer, and our President, Subsea, with no expiration date. TechnipFMC plc published this content on 29 January 2024 and is…
The U.S. Department of Health and Human Services issued the following news release:. On Tuesday, January 23, 2024, officials from the U.S. Department of Health and Human Services, including those from Centers for Medicare& Medicaid Services, met with representatives from leading patient advocacy organizations, provider groups, and health insurers to discuss…
Worldwide Livestock Insurance Market In-depth Research Report 2024, Forecast to 2029 is latest research study released by AMA evaluating the market risk side analysis, highlighting opportunities and leveraged with strategic and tactical decision-making support. Some of the key players profiled in the study are Trans Canada Insurance Marketing Inc.,…
NextGen International Insurance, a trusted provider of International Private Medical Insurance in Latin America and the Caribbean is pleased to announce a strategic reinsurance agreement with AXA PPP healthcare Limited, a global leader in health and life reinsurance. Under this agreement, NextGen i.i. will introduce new IPMI products to the market,…
Frankenmuth, MI—- 01/29/2024– The demand for cheap auto insurance is increasing. People opt for cheap auto insurance for a variety of reasons. Regardless of price, cheap auto insurance in Saginaw, Midland, Flint, Frankenmuth, and Bay City, Michigan offers a safety net against financial liability in the event of an accident, as well as peace of mind.
Most of the bills are specific to Puna's Lava Zones 1 and 2, where lava from Kilauea burst out of the ground in Leilani Estates in May 2018 before the eruption suddenly slowed, then stopped four months later. Universal Property& Casualty, which will pull out of the Hawaii market Aug. 31, had been issuing policies for Puna's Lava Zones 1 and 2, and some remaining…
Originally published by Northwestern Mutual on December 11, 2023. Northwestern Mutual, through its Foundation, announced its continued commitment to helping alleviate the financial cost of college for families affected by childhood cancer through $500,000 in combined scholarships to 50 childhood cancer survivors and childhood cancer siblings, as…
AXA XL's Design Professional insurance business releases updated online Contract Guide for A/E firms
–To help architects, engineers, and other design professionals craft strong contracts, AXA XL's Design Professional insurance business updated its online Contract Guide for Design Professionals. According to Design Professional's Chief Underwriting Officer Douglas Strong, "Risks affecting the design professions are continuously changing, and…
AmeriHealth Caritas New Hampshire will continue to provide Medicaid managed care services and supports to beneficiaries in the state after a new contract was approved by the Governor and Executive Council, following the recommendation of the New Hampshire Department of Health and Human Services. “We are proud to continue serving Medicaid enrollees in the…
–A life insurance interpleader lawsuit involves a situation where the insurance company is uncertain about who the rightful beneficiary is, and it seeks a court's guidance to determine the proper recipient of the policy proceeds. This legal action is initiated by the insurance company to avoid potential conflicting claims from multiple parties and to…
Today, Medical Mutual announced its intent to purchase Paramount Health, a Northwest Ohio- based health insurance company owned by ProMedica. Paramount, which offers Medicare Advantage, Individual ACA, commercial group and short-term insurance plans, is headquartered in Toledo and does business primarily in Ohio and Michigan. “As ProMedica has further…
The Silver State has the second highest auto insurance premiums in the U.S., only behind New York, with the average annual cost of full coverage car insurance at $2,975, according to a report from Insurify. He also said after an insurer makes a rate change request the Division of Insurance determines if it "s prudent and can lower the approved rate if it isn" t prudent.
–Progressive Insurance ®, the number one Commercial Auto insurer in the U.S., today announced a new name for its large fleet commercial line coverage, formerly known as Protective Insurance, to Progressive Fleet& Specialty Programs. Before joining Progressive, Protective Insurance had a decades-long heritage of marketing and underwriting insurance,…
The financing, which closed on January 10, marks the official launch of the Phoenix private credit and lending solutions platform, and provides for the capitalization of the Company's balance sheet and the future growth of its reinsurance program. Clifford Chance LLP and Sidley Austin LLP served as legal counsel for Phoenix on the transaction, while Houlihan…
