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Hospice care: Medicare makes it affordable, but read the fine print

October 27, 2022

The rising costs of health care cause some people to skip or delay seeking services they need. But with hospice care, by comparison, there are usually fewer financial concerns, mainly due to the Medicare Hospice Benefit, which can cover up to 100% of hospice services. Still, not everything in a hospice patient's care may be covered, and there are different scenarios…

Arthur D. Little Publishes New Report On Innovation In Life Sciences

October 27, 2022

–Arthur D. Little has launched a report on current and future transformation in healthcare, and the effect these far-reaching changes will have on the life sciences and insurance sectors. To asssess that from more than one perspective, ADL and Munich Re, a leading provider of reinsurance, primary insurance and insurance-related risk solutions, have pooled…

Aegon to combine its Dutch operations with a.s.r.

October 27, 2022

Combination creates a leader in the Dutch pension, life, and non-life insurance markets Clear and compelling strategic and financial rationale, with significant synergies and long-term benefits for customers, business partners, employees, and shareholders Aegon to receive a 29.99% strategic shareholding0F 1) in a.s.r. with associated governance rights…

System and Method for Data Driven Risk Relationship Review Tool

October 26, 2022

HARTFORD FIRE INSURANCE COMPANY, Hartford, Connecticut has been assigned a patent developed by ten inventors Erik R. Lord, Sorrento, Florida; Todd K Minarik, Saint Charles, Illinois; Ed I Closner, Simpsonville, South Carolina; Jason Patrick Corrigan, Liverpool, New York; Milia M Shipman, Phoenix, Arizona; Robert L. Hughes, Folsom, California; Kari Yvonne DeMont,…

Intelligent Software Agent to Facilitate Software Development and Operations

October 26, 2022

HARTFORD FIRE INSURANCE COMPANY, Hartford, Connecticut has been assigned a patent developed by four inventors Renoi Thomas, Thornwood, New York; Satish Venugopal, Chennai, India; Sachin Mittal, Cumming, Georgia; and Sandeep Kumar Yaramchitti, Manchester, Connecticut, for "Intelligent software agent to facilitate software development and operations."

Blockchain Controlled Multi-Carrier Auction System for Usage-Based Auto Insurance

October 26, 2022

STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY, Bloomington, Illinois has been assigned a patent developed by Matthew L. Floyd, Alpharetta, Georgia, for "Blockchain controlled multi- carrier auction system for usage-based auto insurance."

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of The Allstate Corporation – ALL

October 26, 2022

–Pomerantz LLP is investigating claims on behalf of investors of The Allstate Corporation. Among other items, Allstate announced that it expected an adjusted net loss of $400 million to $450 million, impacted by an $875 million charge for unfavorable prior-year reserve re-estimates, excluding catastrophes. Pomerantz LLP, with offices in New York, Chicago, Los…

Pa. health-care providers and lawmakers face off in state Supreme Court case to decide Medicaid coverage for abortion [The Philadelphia Inquirer]

October 26, 2022

Activists have also asked the justices to recognize a right to an abortion in the state constitution, months after the U.S. Supreme Court ruled earlier this year that there is no such right under the U.S. Constitution. A group of providers led by Allegheny Reproductive Health Center, one of two abortion clinics in Pittsburgh, sued over the rule, arguing that it…

Northwestern Mutual dividend nears $7 billion; during rough economy, company's focus remains long-term

October 26, 2022

Northwestern Mutual said Wednesday that it will return nearly $7 billion in dividend payouts to its policy holders. The 2023 dividend is expected to be the highest in company history across four of Northwestern Mutual's product areas: whole life insurance, term insurance, disability income insurance and annuities, the company said in a statement.

FutureProof Augments Team to Bring Fresh Approach to Risk Starting with Florida Homeowners Insurance

October 26, 2022

FutureProof’ s API delivers quotes to wholesale brokers instantly based on its innovative view of risk, beginning in the Florida homeowners insurance market. Michael DSouza joins FutureProof as Director of Catastrophe and Portfolio Management, bringing deep knowledge of the Florida market, catastrophe modeling, and portfolio optimization from his…

Community Health Systems, Inc. Announces Third Quarter Ended September 30, 2022 Results

October 26, 2022

Community Health Systems, Inc. today announced financial and operating results for the three and nine months ended September 30, 2022. Net operating revenues totaled $3.025 billion. Net loss attributable to Community Health Systems, Inc. stockholders was$ million, or$ per share, compared to net income of $111 million, or $0.85 per share, for the same period in…

Johns Hopkins, CareFirst reach agreement to keep doctors ‘in network’ [Baltimore Sun]

October 26, 2022

Johns Hopkins Medicine will continue to accept CareFirst BlueCross BlueShield insurance, ending a stalemate that threatened to cut off coverage for thousands of patients from some of the region’ s most-sought-after medical providers. Theodore L. DeWeese, interim dean of the medical faculty and CEO of Johns Hopkins Medicine, in a statement.“ Our goal was to…

Investigators from University of California Davis Report New Data on Risk Management (Can Digitally-enabled Financial Instruments Secure an Inclusive Agricultural Transformation?): Risk Management

October 26, 2022

2022 OCT 26– By a News Reporter-Staff News Editor at Insurance Daily News– Investigators publish new report on Risk Management. According to news reporting originating in Davis, California, by NewsRx editors, the research stated,“ Research shows that risk management will be key if an agricultural transformation that includes the smallholder farm sector is to…

University of Toronto Reports Findings in HIV/AIDS (Barriers to and facilitators of accessing HIV services for street-involved youth in Canada and Kenya): Immune System Diseases and Conditions – HIV/AIDS

October 26, 2022

2022 OCT 26– By a News Reporter-Staff News Editor at Insurance Daily News– New research on Immune System Diseases and Conditions- HIV/AIDS is the subject of a report. Our news journalists obtained a quote from the research from the University of Toronto,“ The objective of this analysis was to describe barriers and facilitators of accessing HIV prevention,…

Patent Issued for Electrical data processing system for monitoring or affecting movement of a vehicle using a traffic device (USPTO 11462104): Allstate Insurance Company

October 26, 2022

2022 OCT 26– By a News Reporter-Staff News Editor at Insurance Daily News– Allstate Insurance Company has been issued patent number 11462104, according to news reporting originating out of Alexandria, Virginia, by NewsRx editors. The patent’ s inventors are Gibson, Timothy W., Hayes, Howard, Kumar, Surender, Madigan, Regina. This patent was filed on June 10, 2019 and…

Patent Application Titled “Agent-Facilitated Claims Damage Estimation” Published Online (USPTO 20220318923): Allstate Insurance Company

October 26, 2022

2022 OCT 26– By a News Reporter-Staff News Editor at Insurance Daily News– According to news reporting originating from Washington, D.C., by NewsRx journalists, a patent application by the inventors Banerjee, Suchandra; Brandmaier, Jennifer A.; Campbell, Josh; Faga, Mark E.; Johnson, Robert H.; Marlow, Clint J.; Murphy, Curtis; Stricker, Kurt M., filed on June 20, 2022, was made…

Tecnologico de Monterrey Reports Findings in Managed Care [Hydrochemical controls on arsenic contamination and its health risks in the Comarca Lagunera region (Mexico): Implications of the scientific evidence for public health policy]: Managed Care

October 26, 2022

2022 OCT 26– By a News Reporter-Staff News Editor at Insurance Daily News– New research on Managed Care is the subject of a report. The news reporters obtained a quote from the research from Tecnologico de Monterrey,“ Besides anthropogenic sources, pollutants such as arsenic are also geogenic and their concentrations have, in some cases, been increased by…

Patent Issued for System to facilitate predictive analytic algorithm deployment in an enterprise (USPTO 11461706): Hartford Fire Insurance Company

October 26, 2022

2022 OCT 26– By a News Reporter-Staff News Editor at Insurance Daily News– According to news reporting originating from Alexandria, Virginia, by NewsRx journalists, a patent by the inventors Barnes, Shane Eric, Kapushinski, Tyler L., Madison, James A., Subramaniam, Mohan, Wasik, Ludwig Steven, filed on April 8, 2020, was published online on October 4, 2022.

Patent Issued for Systems and methods for electronic request routing and distribution (USPTO 11463585): Massachusetts Mutual Life Insurance Company

October 26, 2022

2022 OCT 26– By a News Reporter-Staff News Editor at Insurance Daily News– Massachusetts Mutual Life Insurance Company has been issued patent number 11463585, according to news reporting originating out of Alexandria, Virginia, by NewsRx editors. The patent’ s inventors are Ahani, Asieh, Tracy, Michael, Zayac, Tara. This patent was filed on September 14, 2020 and…

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