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EDITORIAL: Lower car insurance by fixing trial lawyers' gamed system

February 28, 2020

Feb. 28– Drive most places in Louisiana and you'll see a lot of reasons for our rating as No. 2 in America in the cost of car insurance. Whether it's aggressive– to the point of reckless– driving, or tons of people texting and chatting on phones instead of concentrating on the road, or for that matter, crappy roads filled with holes and unsuited to heavy traffic, Louisiana…

Augusta man pleads to reduced charge in child's death

February 28, 2020

Calvin Douse, 61, pleaded in Richmond County Superior Court to involuntary manslaughter. He was initially charged with murder in the second degree in connection with the Dec. 23, 2017, traffic accident that claimed the life of Jeremiah Douse. Douse and Jeremiah were struck by a pickup truck the night of Dec. 23, 2017, when they crossed Tobacco Road on foot.

February 28, 2020

AM Best Places Credit Ratings of Ocean International Reinsurance Company Limited Under Review With Developing Implications

AM Best has placed under review with developing implications the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of Ocean International Reinsurance Company Limited. The Credit Rating action follows the Feb. 20, 2020, announcement that Ocean Re and Energy Risk Indemnity Reinsurance Inc. will merge its operations.

Once skeptics, conservatives out to expand Trump's base

February 28, 2020

—Four years ago, candidate Donald Trump didn’ t bother attending the annual Conservative Political Action Conference, jabbing that he was too controversial for the buttoned-up, establishment Republican gathering. The effort comes as the Trump campaign is feeling increasingly optimistic about the president’ s reelection chances following his acquittal in…

What's Driving the Pet Insurance Market Growth? Prominent Players: Trupanion, Anicom Holdings, Nationwide Mutual Insurance Company, ASPCA, Healthy Paws Pet Insurance, LLC

February 28, 2020

Pune, India—- 02/28/2020– The global pet insurance market size is projected to reach USD 11.25 billion by 2026. The increasing pet adoption in leading countries across the world will have a direct impact on the growth of the market. According to a report published by Fortune Business Insights, titled “Pet Insurance Market Size, Share& Industry Analysis, By Policy…

February 28, 2020

AM Best Assigns Credit Ratings to London Life and Casualty Reinsurance Corporation

AM Best has assigned a Financial Strength Rating of A+ and a Long-Term Issuer Credit Rating of“ aa” to London Life and Casualty Reinsurance Corporation. LLCRC is rated as part of the group Credit Rating for The Canada Life Assurance Company and has thus been assigned the same ratings. LLCRC’ s ratings primarily reflect the support from Canada Life and LLCRC’ s…

Medical Groups Slam Trump Medicaid Rule

February 28, 2020

That analysis, prepared by Manatt Health for the American Hospital Association, also estimated that the rule could deprive hospitals of 13% to 17% of the federal Medicaid payments they now receive, or between $23 billion and $31 billion a year. “It's a killer,” said John Henderson, CEO and president of the Texas Organization of Rural and Community Hospitals, of the…

February 28, 2020

State Farm® Announces 2019 Financial Results

–In 2019, State Farm property and casualty insurance companies experienced growth in policies while reporting lower earned premium compared to 2018. As the number one Auto and Homeowners insurer in the U.S. and a leader in individual life insurance, State Farm is committed to serving its policyholders and remains a strong choice for insurance and financial…

Detroiters conflicted over candidates in 2020 Michigan primary

February 28, 2020

Feb. 28– Tom Wilson, a retired Detroit school teacher, has few complaints about his life in the city he calls his second greatest love behind his wife, Eileen. In this 2020 election cycle, Wilson, 73, may be exactly the kind of person President Donald Trump is looking to sway to the Republican side of the ledger: a financially stable retiree who might be persuaded by the…

February 28, 2020

National Western Life Group, Inc. Announces 2019 Full Year and Fourth Quarter Earnings

–Ross R. Moody, Chairman of the Board, President, and Chief Executive Officer of National Western Life Group, Inc., announced today 2019 consolidated net earnings of $131.6 million, or $37.22 per diluted Class A common share, compared with consolidated net earnings of $116.8 million, or $33.02 per diluted Class A common share, for 2018. Operating revenues, excluding…

February 28, 2020

AM Best Affirms Credit Ratings of Pinnacle Life Limited

AM Best has affirmed the Financial Strength Rating of B and the Long-Term Issuer Credit Rating of“ bb+” of Pinnacle Life Limited. The outlook of these Credit Ratings is stable. The ratings reflect Pinnacle Life’ s balance sheet strength, which AM Best categorizes as adequate, as well as its adequate operating performance, limited business profile and appropriate…

February 28, 2020

AM Best Revises Outlooks to Negative for General Insurance Corporation of India

AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of General Insurance Corporation of India. These Credit Ratings reflect GIC Re’ s balance sheet strength, which AM Best categorizes as very strong, as well as its adequate operating performance, favorable business…

February 28, 2020

AM Best Affirms Credit Ratings of Tugu Insurance Company Limited

AM Best has affirmed the Financial Strength Rating of B+ and the Long-Term Issuer Credit Rating of“ bbb-” of Tugu Insurance Company Limited. The outlook of these Credit Ratings is negative. The ratings reflect TIC’ s balance sheet strength, which AM Best categorizes as strong, as well as its marginal operating performance, limited business profile and marginal…

OPINION: Nathan Crabbe: Don't panic, but prepare for coronavirus

February 28, 2020

Feb. 28– Whenever a hurricane is projected to come anywhere close to Alachua County, panic tends to be the public response. As The Sun reported, local CVS Pharmacy locations have been selling out of protective face masks, despite no confirmed cases being reported yet in Florida. A caller dialed me up Wednesday to criticize the media for inducing panic, claiming it…

The Latest: Trump polls rally crowd on who's easier to beat

February 28, 2020

President Donald Trump has asked the crowd at his rally in South Carolina whether Bernie Sanders or Joe Biden would make a better Democratic opponent for him. Trump held the rally in North Charleston on Friday, a day before the state's Democratic presidential primary. Some state GOP leaders have urged Republican voters to participate in Saturday's…

February 28, 2020

AM Best Affirms Credit Ratings of Allied World Assurance Company Holdings, Ltd and Its Subsidiaries

AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a” of Allied World Assurance Company Holdings, Ltd’ s operating affiliates. Concurrently, AM Best has affirmed the Long-Term ICR of“ bbb” of Allied World Assurance Company Holdings, Ltd and its downstream holding company, Allied World Assurance Company Holdings I,…

Used to giving orders, Kansas abortion foes can't cut a deal

February 28, 2020

After falling short in a House vote three weeks ago, abortion opponents have pressured a dozen members who voted no, moderate Republicans and Democrats who are Catholic or who represent relatively conservative or heavily Catholic districts. Kansans for Life, the state's most influential anti-abortion group and a GOP power-broker, has for years told…

Frostburg looks to update city employee benefits

February 28, 2020

Feb. 28– FROSTBURG– Frostburg's mayor and City Council held a special work session Thursday to discuss changes to employee benefits, compensation and policy. “While they are employed for the city, they have a flat $25,000 life insurance policy, but the accidental death and dismemberment doubles that to $50,000,” said Elizabeth Stahlman, the city's administrator.

February 28, 2020

MetLife Becomes First U.S.-Based Insurer to Sign U.N. Women’s Empowerment Principles

MetLife, Inc. announced today that it has become the first U.S.- based insurance company to sign the United Nations Women’ s Empowerment Principles, a series of commitments created by U.N. MetLife President and CEO Michel Khalaf highlighted the signing at a diversity conference in New York City sponsored by the American Council of Life Insurers, the Life…

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