The legislature has been working on a long-term, sustainable solution to the spike in property insurance costs of Arkansas schools. For example, last year legislators learned that premiums went up 114 percent, or $21 million, for 170 school districts in a program managed by the Arkansas School Boards Association. Another 68 schools in a program managed by the…
Newswires
Majesco, a global leader of cloud insurance platform software for insurance business transformation, announced its intensified commitment to innovation and investment in cutting-edge insurance technology solutions that address the challenges and opportunities of today’ s dynamic insurance landscape. In an industry where change is constant, Majesco…
MetLife, Inc. and the Haas School of Business, University of California, Berkeley, are pleased to announce that the application window for the 2024 startup cohort of the Cleantech to Market accelerator program is open until March 10. “At MetLife, we recognize that working toward a resilient environment requires collective action from multiple stakeholders,”…
–eHealth, Inc., a leading private online health insurance marketplace, today announced that Jaime Herrera Beutler has joined its Public Policy Advisory Committee, a panel of distinguished experts that informs the company, the public, and policymakers on improving health care practices in both the public and private sectors. Herrera Beutler served as Member…
To help meet these requirements, Enlyte, the parent brand of Mitchell, Genex and Coventry, has launched NJ DPR+, a fully integrated, comprehensive solution providing auto insurers national support for bill review workflows in New Jersey. "In the past, DPR solutions in New Jersey required multiple service providers to handle the various aspects of the New Jersey…
Bishop Mutual Insurance Company of Dieterich is pleased to announce that they will again be awarding four scholarships in the amount of $500 each. Bishop Mutual Insurance Company should receive these applications no later than April 1, 2024. The company is affiliated with Grinnell Mutual Reinsurance Company of Grinnell, Iowa.
The New Hampshire Department of Insurance issued the following news release on Feb. 28, 2024:. The New Hampshire Insurance Department announced today the adoption of the National Association of Insurance Commissioners' revised Model 275 for Suitability in Annuity Transactions, marking a significant step toward bolstering consumer safeguards in the…
*Several Supreme Court cases, including a recent 2020 case, have struggled to provide clarity around the limits of ERISA's preemption, leading to routine challenges to the law by states and countersuits by employers over the past several decades. *To maintain the statute's protection of ERISA plans, Congress should clarify the extent to which ERISA preempts…
Florida Chief Financial Officer Jimmy Patronis issued the following news release on Feb. 28, 2024:. Munguia, the owner of American Iron Group Corp was actively concealing his payroll to avoid paying a higher workers' compensation premium. According to Travelers Property and Casualty Company of America, had the additional payroll been reported, American Iron…
The Indiana House Republicans issued the following news release:. The Indiana House of Representatives unanimously passed a bill to extend critical health insurance coverage to Hoosiers living with Amyotrophic Lateral Sclerosis, also known as Lou Gehrig's disease, and end-stage renal disease, according to State Rep. Lou Gehrig's disease is a progressive…
The Indiana House Republicans issued the following news release:. The Indiana House of Representatives unanimously passed a bill to extend health insurance coverage to Hoosiers living with Amyotrophic Lateral Sclerosis, also known as Lou Gehrig's disease, and end-stage renal disease, according to State Rep. Lou Gehrig's disease is a progressive…
The National Association of Insurance and Financial Advisors issued the following statement on Feb. 28, 2024:. American Council of Life Insurers President and CEO Susan Neely and National Association of Insurance and Financial Advisors– New Hampshire Past President Dawn Chambers issued the following joint statement on the best interest annuity rule…
Greg Abbott, R- Texas, issued the following news release on Feb. 28, 2024:. Governor Greg Abbott today announced that Texas is extending postpartum coverage to 12 months for eligible Medicaid and Children's Health Insurance Program recipients through the Texas Health and Human Services Commission, effective March 1, 2024. "Working with partners in the Texas…
The Hartford, a leading provider of employee benefits and leave management, is introducing a new tool to help its employer customers address the financial wellness needs of their employees. “We continue to expand our Group Benefits offerings to provide the benefits and resources our employer clients are seeking to help care for their employees,” said Jonathan…
Capitalization levels for U.S. health insurers will continue to grow this year, but earnings are expected to narrow as profitability from government programs such as Medicaid managed care and Medicare Advantage return to more normal levels, according to a new AM Best report. The annual Review& Preview Best’ s Market Segment Report, titled,“ US Health Insurers…
The Series A round was led by Nyca Partners, joining existing investors including Bling Capital, AXIS Digital Ventures, Tokio Marine Future Fund, Expansion VC, Cameron Ventures and others. The Goodwin team included Josh Eisenson, Greg Hoffnagle, Alex Selarnick, Taylor Harrison, Micaiah Barley, Bethany Withers, Timothy Holahan, and Jacqueline Klosek.
Video above: Citizens CEO on US Senate probe,' Never heard of anyone suggesting' fed bailout. TAMPA, Fla.– Despite some optimism from Florida lawmakers about the state's property insurance crisis, Citizens Property Insurance– the "insurer of last resort" for Florida property owners dumped by their previous companies– is still plagued by uncertainty.
House Bill 1725, authored by Republican House Speaker Jason White and Medicaid Chairwoman Missy McGee, R- Hattiesburg, has bipartisan support in the House, even as the state's Republican governor continues to oppose the policy. During Tuesday's meeting, McGee explained to committee members that Mississippi during the first two years of expansion would…
On Tuesday at the Capitol in Pierre, the state House of Representatives voted 63-7 to send the measure to the ballot. The seven no votes came from the chamber's seven Democrats. The measure previously passed the Senate 28-4, with the four no votes coming from that chamber's four Democrats.
