illumifin was formed in July 2021 by Abry Partners and Hoplon Capital to be an innovative partner to the insurance industry, delivering visionary technology enabled services and software solutions, to individual and group insurers. “We couldn’ t be more excited about this acquisition, which is in keeping with ABRY’ s long standing insurance services thesis of…
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AM Best is estimating an underwriting loss for the U.S. property/casualty insurance industry in 2021, driven by above-average catastrophe losses, increased secondary perils and a rebound in auto frequency. “Frequency and severity trends for most lines of P/C business will remain elevated in 2022 and likely will counterbalance the benefit of favorable…
A Texas family has been in limbo for six months since seeking help from a government program to cover medical bills for a 21- year-old man who suffered a rare severe reaction to a COVID-19 vaccine. Kartik Bhakta was a second-year pre-med student at the University of the Sciences in Philadelphia while his family was living in Kingsville, Texas.
Mike Crapo, R- Idaho, ranking member of the Senate Finance Committee, issued the following news release on Feb. 23, 2022:. While the White House estimates an alarming 19 percent of total COVID unemployment insurance payments were improperly paid–over $80 billion in taxpayer funds–new measures by the Biden Administration may worsen the problem.
An Appeal from the Circuit Court for Miami-Dade County, Martin Zilber, Judge. Giasi Law, P.A., and Erin M. Berger and Melissa A. Giasi, for appellant/cross-appellee. Banker Lopez Gassler P.A., and Sarah Lahlou-Amine, for appellee/cross-appellant.
Homeowners Choice Property& Casualty Insurance Company, Petitioner, vs. Mintz Truppman, P.A., and Timothy H. Crutchfield and Mark J. Mintz, for respondents. Petitioner, Homeowners Choice Property& Casualty Insurance Company, seeks review of a trial court order to the extent that it compels production of expert reports that were not produced in litigation, which it…
Richard E. Neal, D- Massachusetts, chairman of the House Ways and Means Committee, issued the following news release:. Ahead of the first anniversary of the House of Representatives' passage of the American Rescue Plan Act of 2021, Ways and Means Committee Chairman Richard E. Neal reflected on how the Committee's contributions helped millions of Americans secure…
We have also developed and began commercializing our ReStore device in June 2019. The Company will be the exclusive distributor of the MediTouch Tutor movement biofeedback systems in the United States and will also have distribution rights for the MYOLYN MyoCycle FES cycles to U.S. rehabilitation clinics and personal sales through the U.S. Department of…
–Cowbell Cyber, the industry's first AI-powered cyber insurance provider for small to medium enterprises, today announced its partnership with Trend Micro to improve access to cyber insurance. "The number of cyberattacks is at an all-time high, and companies are coming to terms with the fact that size doesn't matter to an attacker," said Stephen Years, Director…
–Mental health and emotional well-being challenges are on the rise, and that's why Aflac, a leading provider of supplemental insurance in the U.S., entered into a strategic relationship with NeuroFlow that adds an innovative mental health solution designed to help individuals screen and monitor existing and undetected behavioral health conditions.
Zipari, the company behind the first and only Consumer Experience Platform built specifically for health insurance, recently announced the promotion of Matt Case to Chief Marketing Officer. He joined Zipari in 2020 from Welltok, where he served as vice president of product marketing across healthcare payer, pharmacy, employer, provider and public markets.
NFP, a leading insurance broker and consultant that provides property and casualty, corporate benefits, retirement, and individual solutions, today announced it has acquired AFS Advisors LLC, an independent registered retirement and investment advisor located in Suwanee, Georgia. Eric Loyd, president, and Keith Sproles, chief investment officer, will join…
–The new Austin Texas- based MGA, Sensa, is pleased to announce their partnership with Incline P&C Group to provide their personal auto insurance offering. Acrisure Re was the appointed reinsurance broker on the transaction and facilitated both the insurance and reinsurance support for Sensa and Incline P&C Group. "We are excited to welcome Sensa onto the…
New York State Comptroller Thomas P. DiNapoli issued the following statement today regarding the approval of the settlement of the derivative lawsuit the New York State Common Retirement Fund and the Fire and Police Pension Association of Colorado filed against the directors of The Boeing Company. Under settlement approved today by the Delaware Chancery…
CHICAGO, FEBRUARY 24, 2022- CCC Intelligent Solutions Inc., a leading SaaS platform for the P&C insurance economy, announces today the appointment of Christy Harris as Senior Vice President and Chief Human Resources Officer. Harris succeeds Gary Newman who is retiring after 15 years with the company. "We are excited to welcome Christy to the CCC team," said CCC…
–Major life changes like getting married, starting a family or buying a house are often when people start thinking about buying life insurance. February is Insure Your Love Month and Erie Insurance shares these five points to discuss with your agent when buying life insurance for the first time. Ask your local Erie Insurance agent about ERIExpress Life.
Feb. 24— Former South St. Paul boys basketball coach Matthew McCollister has been disbarred by the Minnesota Supreme Court for professional misconduct unrelated to his federal insurance fraud charge. McCollister and the Office of Lawyers Professional Responsibility, the state's governing body for attorneys, entered into a stipulation Dec. 6 where he…
The following discussion and analysis provides information we believe is relevant to an assessment and understanding of our results of operations and financial condition for 2021, 2020 and 2019. For a discussion of a comparison of the years ended December 31, 2020 and December 31, 2019, please refer to "Management's Discussion and Analysis of Financial…
Management's Discussion and Analysis of Financial Condition and Results of Operations for the year ended December 31, 2020 included in the Current Report on Form 8- K filed with the Securities and Exchange Commission on June 11, 2021. Table of Contents Section Page Operational Highlights 44 Consolidated Results of Operations- for the Years Ended December…
