2024 FEB 13– By a News Reporter-Staff News Editor at Insurance Daily News– Statement Highlights:. DALLAS, January 22, 2024- Only 10% of people who experience a cardiac arrest survive. “We hope these goals will serve as an aspirational and achievable road map for improved heart health and better survival rates in all communities and for all people,” said Raina M….
Newswires
2024 FEB 13– By a News Reporter-Staff News Editor at Insurance Daily News– Researchers detail new data in diabetes mellitus. According to news originating from the University Indonesia by NewsRx correspondents, research stated,“ Studies show that there are still deficiencies in the level of quality control and the cost of the referral programme in pharmacies,…
According to news originating from Hohhot, People’ s Republic of China, by NewsRx editors, the research stated,“ Agricultural insurance is a risk management tool developed to guarantee regional production and national food security.”. Funders for this research include National Natural Science Foundation of China; Fundamental Research Funds For The…
2024 FEB 13– By a News Reporter-Staff News Editor at Insurance Daily News– Researchers detail new data in agricultural insurance. According to news reporting originating from Czech University of Life Sciences Prague by NewsRx correspondents, research stated,“ The efficient functioning of agriculture plays an important role in ensuring food security in…
2024 FEB 13– By a News Reporter-Staff News Editor at Education Daily Report– Medicare is sporadically compromised by fraudulent insurance claims. Last year, the estimated annual fraud topped $100 billion according to the National Health Care Anti-Fraud Association, but it is likely much higher. New research from the College of Engineering and Computer…
—LOS ANGELES— Mercury General Corp. on Tuesday reported earnings of $191.4 million in its fourth quarter. On a per-share basis, the Los Angeles- based company said it had profit of $3.46. For the year, the company reported profit of $96.3 million, or $1.74 per share.
Net income per diluted share was $0.12 and adjusted after-tax income* per diluted share was $1.79 General Insurance net premiums written increased 3% year-over-year, or 7% on a comparable basis*† General Insurance combined ratio improved 80 basis points from the prior year quarter to 89.1%; General Insurance accident year combined ratio, as adjusted*…
RALEIGH— If incumbent Mike Causey wins the Republican nod for insurance commissioner in March, it'll be his seventh nomination. While all 50 states have insurance commissioners, North Carolina is one of just 11 that elect their commissioners. One of his rivals for the GOP nomination, former state Rep.
Pursuant to Section 13 or 15. Date of Report: February 12, 2024. On February 5, 2024, Prudential Financial, Inc. detected that, beginning February 4, 2024, a threat actor had gained unauthorized access to certain of our systems.
American International Group, Inc. today reported financial results for the fourth quarter and full year ended December 31, 2023. The full year adjusted after-tax income per diluted share increased 33% from the prior year to $6.79. We have further repositioned AIG for the future with the divestitures of Validus Re and Crop Risk Services, and we enter 2024 with…
Primerica, Inc. today announced financial results for the quarter ended December 31, 2023. “Strong fourth quarter results completed another solid year at Primerica as we continue to meet the growing financial needs of middle-income families,” said Glenn Williams, Chief Executive Officer of Primerica, Inc.“ Our expanding sales force plays a crucial role in our…
–Mercury General Corporation reported today the fourth quarter and fiscal 2023 results:. In January 2024, the California Department of Insurance approved rate increases of 22.5% and 3.8% on the private passenger automobile line of insurance business for the Company's insurance subsidiaries, Mercury Insurance Company and California Automobile…
United Fire Group, Inc. today reported financial results for the three-month period ended December 31, 2023 with a consolidated net income of $19.6 million and consolidated adjusted operating income of $0.65 per diluted share. “I am pleased with our fourth quarter results as we achieved the highest level of quarterly profit in 2023,” said UFG President and…
Economic Transformation Technologies“ ETT| iByond™” has executed a five year software services and licensing agreement with Capstone Management Group that is valued at $888 million over the life of the contract. This partnership aims to revolutionize the insurance industry through cutting-edge digital transformation solutions. Christopher Condon|…
Dear Michael: We have long-term care insurance, although our premium keeps getting higher and higher. We have some friends paying $6,000 a month and others paying $12,000 a month. Dear Too High: Long-term care insurance companies are in the process of raising their premiums to cover the claims they are having.
AM Best has commented that the Credit Ratings of Hagerty Reinsurance Limited remain unchanged following the announcement that Hagerty Insurance Holdings has entered into a stock purchase agreement with Everspan Insurance Company to acquire all the issued and outstanding capital stock of Consolidated National Insurance Company.
Perhaps this year's farm bill election decision takes more thought than in the past. Part of this is because the reference price for PLC and ARC-CO finally increased. Sign up deadline with FSA for farm bill decisions and with Crop insurance for those decisions are both March 15.
Inszone Insurance Services, a rapidly growing national provider of commercial, personal, and benefits insurance, announces the successful acquisition of Frank Vitale Insurance Agency, an insurance agency based in Soquel, California, specializing in serving the unique needs of the construction industry. “The three-decade long legacy of serving the…
The Insurance and Pensions Commission has directed all insurance companies to timely settle claims after an increasing number of policyholders sought the Commissioner's intervention due to protracted claims settlement. Ipec, in a circular, said the situation necessitated urgent attention and action from all insurers. "In view of the foregoing, from the…
