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Erie Insurance promotes Sean Dugan to Executive Vice President, Human Resources and Corporate Services

December 21, 2022

ERIE, Pa., Dec. 21, 2022- Erie Insurance today announced that Sean Dugan has been promoted to executive vice president, Human Resources and Corporate Services, effective Jan. 1, 2023. "Sean has made extraordinary contributions to ERIE over his 30- year career and I'm excited that he has accepted this promotion," said Tim NeCastro, ERIE's president and CEO.

Erie Insurance names Julie Pelkowski Executive Vice President and Chief Financial Officer

December 21, 2022

ERIE, Pa., Dec. 21, 2022- Erie Insurance today announced that Julie Pelkowski has been named executive vice president and chief financial officer, effective May 1, 2023. Pelkowski is currently a member of ERIE's Executive Council and leads ERIE's Enterprise Office. She will report to ERIE President and CEO Tim NeCastro in her new role.

Erie Insurance promotes Sean Dugan to Executive Vice President, Human Resources and Corporate Services

December 21, 2022

–Erie Insurance today announced that Sean Dugan has been promoted to executive vice president, Human Resources and Corporate Services, effective Jan. 1, 2023. "Sean has made extraordinary contributions to ERIE over his 30- year career and I'm excited that he has accepted this promotion," said Tim NeCastro, ERIE's president and CEO. Dugan was appointed to ERIE's…

Council of the European Union Agrees Position On Establishing A Framework For The Recovery And Resolution Of Insurance And Reinsurance Undertakings (IRRD)

December 21, 2022

The Council of the European Union issued the following news release on Dec. 20, 2022:. The Council's position paves the way for negotiations with the European Parliament to start in the new year, in view of an agreement on the final text. The proposal would require member states to set up insurance resolution authorities, ensure effective cooperation across…

Virtual Vocations Names 25 Remote Companies with Top Employee Benefits

December 21, 2022

A new report from Virtual Vocations names 25 employers offering top employee benefits, including retirement pay, medical insurance, health and wellness perks, and work location flexibility. Released Monday, the employee benefits report cites internal research criteria to highlight in-demand tangible and intangible employer provided benefits.

NFP Welcomes Andrew Canning, Project Risk Management Veteran, to its Expanding North America Construction & Infrastructure Group

December 21, 2022

NFP, a leading property and casualty broker, benefits consultant, wealth manager and retirement advisor, today announced the hiring of Andrew Canning, senior vice president and head of Project Risk Advisory, for the company's growing North America Construction& Infrastructure group. Canning will focus on delivering a suite of insurance and analytics tools…

Houston firm accused of forgery in Lake Charles hurricane insurance lawsuits

December 21, 2022

The McClenny firm is handling a massive volume of hurricane insurance claims across Louisiana, including at least 1,500 that were filed just in time to meet a two-year deadline for claims related to 2020' s Hurricane Laura. But it's found itself in hot water in the Western District of Louisiana. "I'm concerned for your clients," Cain told William Huye, who leads the…

Savvy Senior: Struggling with medical debt? Here are some tips to reduce your bills

December 21, 2022

DEAR SAVVY SENIOR: What tips do you recommend to Medicare beneficiaries dealing with hefty medical bills? My husband recently had open heart surgery and is recovering slowly, but the medical bills are coming in fast and furious and they're putting us in medical debt. According to U.S. Census Bureau data, 19% of Americans households carry medical debt, including…

Medicare pay cuts will hurt seniors’ care, doctors argue

December 21, 2022

Doctors are urging Congress to call off cuts scheduled to take effect on Jan. 1 in the reimbursements they receive from Medicare. But it is unclear whether Congress will place a hold on payment cuts or if such a measure would pass before the cuts take effect next year. If Congress were to soften or avert the planned reductions, the measure to do so would be attached to…

Mass. U.S. Attorney: Brookline Doctor Indicted for Money Laundering, Health Care Fraud

December 21, 2022

The U.S. Attorney for the District of Massachusetts, Rachael S. Rollins, issued the following news release on Dec. 20, 2022:. A Brookline sleep medicine physician has been indicted by a federal grand jury in Boston for his alleged role in a health care fraud scheme. Merchia self-surrendered this morning and will appear in federal court in Boston today at 3 p.m. before…

Congressional Budget Office: 'Options for Reducing the Deficit, 2023 to 2032-Volume I – Larger Reductions' (Part 3 of 10)

December 21, 2022

WASHINGTON, Dec. 21– The Congressional Budget Office issued the following report on Dec. 7, 2022, entitled "Options for Reducing the Deficit, 2023 to 2032– Volume I: Larger Reductions." Option 2: Mandatory Spending- Limit State Taxes on Health Care Providers. In 2021, states collected a total of $23 billion from health care providers through such taxes.

Schneider Priorities Included in Bipartisan Funding Bill Including Local Projects, Improvements to Retirement Security, Health Insurance, Support for Innovative Medical Devices

December 21, 2022

Bradley Schneider, D- Illinois, issued the following news release:. Congress released the Fiscal Year 2023 Omnibus Funding Bill. "Today's bill clearly demonstrates the values and priorities of this 117th Congress: lowering costs for American families, ensuring healthcare coverage for our children, strengthening our communities and defending our democracy,"…

Congressional Budget Office: 'Options for Reducing the Deficit, 2023 to 2032-Volume I – Larger Reductions' (Part 6 of 10)

December 21, 2022

Social Security is the largest single program in the federal government's budget. It comprises two parts: Old-Age and Survivors Insurance and Disability Insurance. To be eligible for Social Security benefits, a worker is required to have a sufficient history of earnings in employment subject to Social Security payroll taxes.

Congressional Budget Office: 'Options for Reducing the Deficit, 2023 to 2032-Volume II – Smaller Reductions' (Part 3 of 5)

December 21, 2022

WASHINGTON, Dec. 21– The Congressional Budget Office issued the following report on Dec. 7, 2022, entitled "Options for Reducing the Deficit, 2023 to 2032- Volume II: Smaller Reductions." Chapter 2: Mandatory Spending Options. Table1: Eliminate Title I Agriculture Programs.

Congressional Budget Office: 'Options for Reducing the Deficit, 2023 to 2032-Volume I – Larger Reductions' (Part 5 of 10)

December 21, 2022

WASHINGTON, Dec. 21– The Congressional Budget Office issued the following report on Dec. 7, 2022, entitled "Options for Reducing the Deficit, 2023 to 2032– Volume I: Larger Reductions." Option 6: Revenues- Reduce Tax Subsidies for Employment-Based Health Insurance. The federal tax system provides preferential treatment for health insurance that people buy…

APCIA Comments On FIO's Proposed Climate-Related Financial Risk Data Collection

December 21, 2022

CHICAGO, Illinois, Dec. 21– The American Property Casualty Insurance Association issued the following statement on Dec. 20, 2022, and letter:. The American Property Casualty Insurance Association submitted a letter to the Federal Insurance Office in response to its request for comments on a "Proposed Climate-Related Financial Risk Data Collection."

Roundstone Marks a Year of Growth and Momentum

December 21, 2022

–Roundstone, a health insurance provider specializing in self-funded medical group captive solutions, today announced another year of record-breaking results with 35% growth year over year in 2022. The company added more than 200 small and midsize employers to its medical captive and retained over 90% of its current customers. "To say organizations are…

'A storied career': Harriette Chandler says goodbye to Beacon Hill after 28 years

December 21, 2022

Harriette L. Chandler, D- Worcester, also known by her nickname, Harlee, did all that: At 85, she's married, still, has raised three children and is now enjoying her four grandchildren. Maybe it was her stellar education: Chandler earned a bachelor's degree from Wellesley, a master's from Simmons and a Ph.D. from Clark University. Chandler was elected president of the…

NAIC Releases 2021 Insurance Department Resources Report

December 21, 2022

WASHINGTON, Dec. 21– The National Association of Insurance Commissioners issued the following news release on Dec. 20, 2022:. The National Association of Insurance Commissioners released the 35th edition of the Insurance Department Resources Report, which is developed primarily through an extensive survey of the NAIC member states. *There were 5,978…

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