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Verisk, a data analytics provider, issued the following news release:. Private U.S. property/casualty insurers’ profitability as measured by their annualized rate of return on average policyholders’ surplus increased to 9.4 percent, the best first-quarter result since 10.8 percent in 2015, according to Verisk, a leading data analytics provider, and the…

The National Association of Mutual Insurance Companies issued the following news release:. The National Association of Mutual Insurance Companies today presented the Award in Innovation at its 2019 Management Conference in Asheville, N.C., to MMG Insurance headquartered in Presque Isle, Maine. And, from September 2013 to December 2018, the percentage of…

Infosys McCamish, a US based subsidiary of Infosys BPM and a leading developer of solutions and services in the insurance and financial services industry today announced its partnership with Pan-American Life Insurance Group, a leading provider of life, accident and health insurance. As part of the partnership, Infosys McCamish will provide policy…

Ohio Governor Mike DeWine announced today that the state has requested that FEMA add Mahoning County to the 10- county Presidential Disaster Declaration issued by President Donald Trump last week. “Today we asked FEMA to include Mahoning County in their Individual Assistance program.” On June 18, President Trump authorized a presidential disaster for 10…

“At the legislative hearing on Tuesday, we heard testimony about insurance companies refusing to pay for life-giving treatments and offering much cheaper suicide drugs as an alternative,” Andrew Beckwith of Massachusetts Family Institute said. “We have the best health care in the world here in Massachusetts, and this bill would be a huge step backwards for…

-Ahead of Committee vote to advance her bipartisan health care costs legislation, Senator Murray called on her Republican colleagues to join Democrats to tackle larger health care issues like President Trump’s health care sabotage. In her remarks, Senator Murray emphasized that while the legislation represents important progress, far more work is…

Tom Wolf, D- Pennsylvania, issued the following statement on advancements made in the 2020 budget that will help move Pennsylvania towards a future of long-term prosperity:. The budget makes investments in all levels of education; builds on progress to have the nation’s strongest workforce; provides lower cost options for health insurance; and helps children,…

Vern Buchanan, R- Florida, issued the following news release:. The House Ways and Means committee Wednesday passed a sweeping Medicare bill that includes U.S. Rep Vern Buchanan’s legislation to provide help free of charge to seniors and their families who have questions or issues with their health insurance. “Many seniors in Florida struggle to navigate the…

Jun. 28– When the waters rivers in Illinois began to slowly creep up in March, the St. Clair County Emergency Management agency began preparing for what has turned into a months-long ordeal. “We’re keeping track of everything we’ve done, starting from back in March, which is when this all started,” said Herb Simmons, director of the St. Clair County Emergency Management…

Gavin Newsom’s effort to pay for future wildfires and lift PG&E Corp. out of bankruptcy, his legislation will require a two-thirds supermajority to pass the Legislature. It revolves around a $21 billion insurance fund, largely financed by shareholders and ratepayers of PG&E and the other two major utilities, to pay claims for future fires that are caused by…

Jun. 28– Illinois owes the federal government $4.1 million for failing to seek rebates from drug companies for medications prescribed through the state’s Medicaid program, according to a federal audit released Friday. Illinois, however, didn’t ask drug makersfor rebates on $7.7 million worth of drugs between October 2015 and September 2017, according to the…

Jun. 28– The first round of the Democratic debates featured a crowded stage Wednesday night, when 10 out of 24 candidates for president of the U.S. fought for the spotlight. Elizabeth Warren and New York City Mayor Bill de Blasio were both in favor of eliminating it, with Warren condemning the current state of the insurance industry. Carden Crow, founder and…

And unfortunately for the former Vice President, she had some of her best moments bashing Joe Biden, landing real blows that many people believe did lasting damage. Biden won’t be soon, “a Democratic campaign insider from the key early state of New Hampshire told InsideSources after the debate. Between last night and tonight, Joe Biden is NOT the frontrunner.

Republicans control the Senate and the White House. Thus, the speaker agreed to take up the bipartisan legislation that cleared the Senate, which is designed to win the signature of President Trump, whose approach to immigration has fueled so much ugliness at the border. The Senate focused more on accelerating the processing of migrants, many with asylum claims.

Jun. 28– The North Carolina Insurance Department has taken over a group of companies owned by Greg Lindberg, a wealthy political donor who is facing federal charges that he conspired to bribe the state insurance commissioner. A court order on Thursday directed the department to take control of four life insurance companies, which Lindberg acquired in recent…

Jun. 28– Several Eastern Iowa health care providers have signed on with the new insurance company entering Iowa’s Medicaid program– a decision some officials say was driven out of necessity to serve their patients and overruled their concerns for the privatized program. On Monday, Iowa Total Care will be the latest managed-care organization to join Iowa’s $5…