MetLife, Inc. today announced that its board of directors has approved a new $3 billion authorization for the company to repurchase its common stock. About MetLife MetLife, Inc., through its subsidiaries and affiliates, is one of the world’ s leading financial services companies, providing insurance, annuities, employee benefits and asset management to help…
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MetLife, Inc. today announced it has entered into an agreement with Talcott Resolution Life Insurance Company, a life insurance and annuities subsidiary of Talcott Financial Group, to reinsure approximately $10 billion of U.S. retail variable annuity and rider reserves. The planned reinsurance transaction with Talcott is aligned with MetLife’ s…
Tiptree Inc., today announced its financial results for the first quarter 2025.. Excluding investment gains and losses, revenues increased 1.8%. Net income of $5.6 million compared to $9.1 million in Q1’24, driven by growth in our insurance business, more than offset by lower net realized and unrealized investments gains, and incremental interest expense on…
Security Benefit is the parent company of Topeka- based Security Benefit Life Insurance Company. This press release is for informational purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy, any securities of SBL Holdings, Inc. or Security Benefit Life Insurance Company.. SBL Holdings, Inc., through its subsidiary Security…
HUTCHINSON— Medicaid serves as a crucial source of health insurance coverage for Kansas families, including children, parents, seniors, individuals with disabilities, those in need of behavioral health support, and residents of rural communities. The United Methodist Health Ministry Fund and REACH Healthcare Foundation recently partnered with experts…
Despite their prior“ reform” efforts, homeowners in Florida had watched their already-high rates rise for nine consecutive quarters. And Florida media had just exposed an industry scandal involving hidden profit margins at Florida insurance companies that claimed they were struggling and needed to jack up rates. Florida hid insurance profits and did…
The uninsured rate increased to 11.5% from 11.1% between March 2023 and March 2024, researchers reported April 28 in the Annals of Internal Medicine. That small shift means that hundreds of thousands more Americans lost their health insurance, given that there are 207 million working-age people in the U.S.. Rishi Wadhera, a cardiologist at Beth Israel…
HealthPartners has frozen enrollment in its Medicaid HMO and exited a program for state residents with disabilities after losing nearly $200 million on operations last year. HealthPartners was buoyed, however, by just over $250 million in investment gains, which helped maintain financial reserves at Minnesota’ s second-largest nonprofit group in terms of…
The Group of Thirty today published "The Federal Reserve Monetary Policy Framework Review: A Comprehensive Approach to Improve Robustness", chaired by William C. Dudley. WASHINGTON, April 30, 2025/ PRNewswire-PRWeb/– The Group of Thirty today published "The Federal Reserve Monetary Policy Framework Review: A Comprehensive Approach to Improve Robustness."
Hexure, a leading provider of sales and regulatory automation solutions for the life and annuity industry, announced Wichita National Life Insurance Company has successfully launched its new Multi-Year Guaranteed Annuity products, Security 3 and Security 5, on the FireLight platform, streamlining annuity sales processes while ensuring quick access for…
From unpredictable storms to economic strain, Americans face a growing list of challenges— and they’ re responding by taking a closer look at how well they’ re protected. In its latest national survey, Risk Radar Report— Insurance Pulse Check 1, Church Mutual Insurance Company, S.I. 2 finds 63% of U.S. adults have reviewed their property coverage in the past six months.
Darin Grimm has been named senior vice president of the Florida Region, Kellie Chaloupka has been promoted to senior vice president of claims and medical management, and Greg Talbot has been promoted to senior vice president of actuarial and underwriting. Darin Grimm, Senior Vice President, Florida Region. In Grimm’ s newly established position, he will oversee…
Originally published on Aflac Newsroom. In fact, 9 in 10 Americans admitted to putting off health checkups that could help save their lives, according to the 2025 Aflac Wellness Matters Survey. Aflac’ s Tom Morey, senior vice president and chief actuary in the U.S., and Tricia Griggs, RN-BSN and manager, employee wellness, recently sat down to talk about Tom’ s personal…
The U.S. Supreme Court appears likely to preserve a key component of the Aff ordable Care Act that requires insurers to fully cover preventive care such as colon and lung cancer screenings. But the positive news comes with a big asterisk: A decision that maintains free preventive care also would put more power over what isn't covered in the hands of U.S….
Still looming: the Federal Reserve's consent order that imposed a $1.95 trillion asset cap in 2018 in response to the bank's fraudulent checking account scandal that erupted in September 2016. The cap has put Wells Fargo at a competitive disadvantage compared with its national bank peers JPMorgan Chase& Co., Bank of American Corp. and Citigroup.
The U.S. economy shrank 0.3% from January through March, first drop in three years. It was slowed by a surge in imports as companies in the United States tried to bring in foreign goods before President Donald Trump imposed massive tariffs. Trump inherited a solid economy that had grown steadily despite high interest rates imposed by the Federal Reserve to fight…
NEW YORK, April 30, 2025- WTW, a leading global advisory, broking, and solutions company, has announced the launch of Radar Vision, an AI-driven performance monitoring tool custom-built for insurers. Laura Doddington| Head of Personal and Commercial Lines Consulting and Technology, North America Enhancing and complementing the current capabilities of Radar,…
Now 10, he can eat by mouth but still uses the G-button for water and medications, said his mother, Breanna Hernandez. MJ's G-button, among his other treatments, are covered by Cook Children's Health Plan, a Medicaid and children's health insurance program. In March 2024, the Texas Health and Human Services Commission, which oversees the contracts and funding for…
Kelly Armstrong vetoed a bill Monday that opponents worried would lead to state employees paying health insurance premiums. In Armstrong's veto message to the Senate, he said the state's health plans are one of the most valued benefits for state employees. The health plan switch was estimated to cost at least $25.8 million every two years, according to the…
