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NMI Holdings, Inc. Names Ravi Mallela as Executive Vice President and Chief Financial Officer

December 21, 2021

–NMI Holdings, Inc. announced today that it has appointed Ravi Mallela as Executive Vice President and Chief Financial Officer, effective January 10, 2022. Earlier in his career, he served as Senior Vice President, Head of Finance and Treasury for First Republic Bank and held senior management positions with Bank of Montreal and Wells Fargo.

GEICO’s Executive Chairman Tony Nicely to Retire After Decades-Long Career

December 21, 2021

GEICO’ s Executive Chairman Tony Nicely has announced he will retire from his role at the end of the year, concluding an illustrious 60- year career. This press release features multimedia. GEICO Executive Chairman Tony Nicely.

King Insurance expands Florida footprint with acquisitions of AGM Insurance Agency and Fordham Insurance Agency

December 21, 2021

–King Insurance, a fast-growing full-service insurance brokerage firm that provides a variety of property& casualty as well as employee benefits solutions, announced today the acquisition of AGM Insurance Agency and Fordham Insurance Agency. Mitch and Ginger and their team will continue operating out of their current location, servicing clients under…

California Focus Appeals court tries to gut tough consumer law

December 21, 2021

Now the San Diego- based Sixth District state Court of Appeal has brazenly tried to gut a major part of that law, which made the insurance commissioner an elected official and has saved insurance customers more than $110 billion in excessive charges, an average of about $3.4 billion a year. It’ s not only State Farm that’ s refusing so far to refund money paid while…

Vermont Expands Insurance Coverage For At-Home COVID-19 Tests

December 21, 2021

Phil Scott and Department of Financial Regulation Commissioner Michael Pieciak recently issued an emergency rule requiring that insurance cover the costs of COVID-19 antigen at-home tests, or rapid tests. The emergency rule covers approximately 140,000 Vermonters who purchase commercial insurance in Vermont's markets as well as the Vermont…

Nephila to Launch New ILS Investor Backed Syndicate 2358 at Lloyd’s

December 21, 2021

The syndicate will allow Nephila investors the opportunity to access the specialty insurance market in addition to the Natural Catastrophe and Climate based strategies offered by the firm. Nephila is the largest institutional asset manager dedicated to investing in natural catastrophe and climate risk. Nephila’ s Syndicate 2357 at Lloyd’ s, which is backed…

Willis Towers Watson launches new Risk & Analytics model for Trade Credit

December 21, 2021

–Willis Towers Watson, today announced that it has launched a new Risk and Analytics model for the trade credit market.. The model has been designed as a tool for both newcomers to Trade Credit Insurance as well as seasoned users including but not limited to:. Willis Towers Watson is a leading global advisory, broking and solutions company that helps clients around…

Researchers Submit Patent Application, “Homomorphic Encryption In A Healthcare Network Environment, System And Methods”, for Approval (USPTO 20210377231): Nanthealth Inc.

December 20, 2021

2021 DEC 20– By a News Reporter-Staff News Editor at Insurance Daily News– From Washington, D.C., NewsRx journalists report that a patent application by the inventors Kupwade-Patil, Harsh; Seshadri, Ravi; Soon-Shiong, Patrick; Witchey, Nicholas J., filed on May 27, 2021, was made available online on December 2, 2021. The patent’ s assignee is Nanthealth Inc..

Patent Issued for Autonomous vehicle sensor malfunction detection (USPTO 11189112): State Farm Mutual Automobile Insurance Company

December 20, 2021

2021 DEC 20– By a News Reporter-Staff News Editor at Insurance Daily News– From Alexandria, Virginia, NewsRx journalists report that a patent by the inventors Christensen, Scott T., Farris, Scott, Hayward, Gregory, Konrardy, Blake, filed on February 4, 2019, was published online on November 30, 2021. The patent’ s assignee for patent number 11189112 is State Farm Mutual…

Patent Issued for Distributed data processing systems for processing remotely captured sensor data (USPTO 11187550): Allstate Insurance Company

December 20, 2021

2021 DEC 20– By a News Reporter-Staff News Editor at Insurance Daily News– A patent by the inventors Harish, Pratheek M., Herrmann, Alexander, Schmitt, Kyle Patrick, Yeomans, Benjamin Robertson, filed on July 6, 2018, was published online on November 30, 2021, according to news reporting originating from Alexandria, Virginia, by NewsRx correspondents.

New Managed Care Findings from University of Utah Reported (Payer Perceptions On the Use of Economic Models In Oncology Decision Making): Managed Care

December 20, 2021

2021 DEC 20– By a News Reporter-Staff News Editor at Insurance Daily News– Investigators discuss new findings in Managed Care. Financial support for this research came from Pfizer. Our news journalists obtained a quote from the research from the University of Utah,“ To assess payer perceptions regarding use of economic models in informing oncology formulary…

Researchers from University of Tartu Discuss Findings in Epilepsy (Pre-pregnancy Counseling for Women With Epilepsy: Can We Do Better?): Central Nervous System Diseases and Conditions – Epilepsy

December 20, 2021

According to news reporting out of Tartu, Estonia, by NewsRx editors, research stated,“ For many women with epilepsy, decision making about pregnancy is difficult, due mainly to the potential teratogenic risks of anti-seizure medications. Our news journalists obtained a quote from the research from the University of Tartu,“ This study was conducted to assess the…

Does the presence of health insurance and health facilities improve healthcare utilisation for major morbidities among Indigenous communities and older widows: Evidence from the India Human Development Surveys I and II: Health and Medicine

December 20, 2021

2021 DEC 20– By a News Reporter-Staff News Editor at Insurance Daily News– According to news reporting based on a preprint abstract, our journalists obtained the following quote sourced from medrxiv.org:. “In this paper, we examine whether access to treatment for major morbidity conditions is determined by the social class of the person who needs treatment.

Findings from Federal Reserve Board Broaden Understanding of Macroeconomics (Risk Shocks, Risk Management, and Investment): Economics – Macroeconomics

December 20, 2021

Our news journalists obtained a quote from the research from Federal Reserve Board,“ Insurance is imperfect due to limited commitment in financial contracts. For more information on this research see: Risk Shocks, Risk Management, and Investment. Macroeconomic Dynamics, 2021; 25: 1779-1809. Macroeconomic Dynamics can be contacted at: Cambridge Univ Press, 32…

New Collective Health Research Data Have Been Reported by Researchers at Federal University Grosso (Social Inequalities In Indicators of Active Aging: a Population-based Study): Health and Medicine – Collective Health Research

December 20, 2021

2021 DEC 20– By a News Reporter-Staff News Editor at Education Daily Report– Current study results on Health and Medicine- Collective Health Research have been published. According to news reporting originating in Cuiaba, Brazil, by NewsRx journalists, research stated,“ The objective of this study was to analyze inequalities in active aging indicators…

Revolutionizing the Way We Pay for Healthcare: Can Tech Give You Freedom from Health Insurance?

December 20, 2021

Every year, a quarter million Americans declare bankruptcy due to medical bills despite having health insurance. Recently, Andy Schoonover, Founder and CEO of CrowdHealth, teamed with YourUpdateTV on a satellite media to discuss how leveraging technology can help you get your healthcare freedom back without breaking the bank. A video accompanying this…

Chubb Supports Landmark Debt-for-Nature Restructuring Project in Belize

December 20, 2021

–Chubb today announced its support for the U.S. International Development Finance Corporation's participation in a landmark debt restructuring and ocean conservation project in Belize. Chubb Global Markets and Sovereign Risk Insurance Limited, a Chubb company, together with other private insurers, provided $300 million of reinsurance to DFC in an…

Fidelity Life: 4 Things to Know About Permanent Life Insurance

December 20, 2021

Permanent life insurance policies can offer a way for people to provide financial safety nets for their loved ones if they pass away. But keep in mind that these policies are significant investments, so understanding how they work is key to deciding which one is right for the policyholder and their loved ones. With that in mind, here are four things prospective…

Fidelity Life: 4 Things to Know About Permanent Life Insurance

December 20, 2021

–Permanent life insurance policies can offer a way for people to provide financial safety nets for their loved ones if they pass away. But keep in mind that these policies are significant investments, so understanding how they work is key to deciding which one is right for the policyholder and their loved ones. With that in mind, here are four things prospective…

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