The Florida Senate today passed Senate Bill 2 A, Property Insurance, by Senator Jim Boyd, legislation that is designed to improve the property insurance marketplace for homeowners; Senate Bill 4 A, Disaster Relief, by Senator Travis Hutson, which provides relief for Floridians impacted by recent hurricanes; and, Senate Bill 6 A, Toll Relief, by Senator Nick…
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Louisiana Insurance Commissioner Jim Donelon said he might ask political leaders to convene a special session in early 2023 if two legislative committees do not approve his plans to relaunch a multimillion-dollar incentive program this week. The grants would go to insurers willing to take on some of the riskiest policies now covered by the state-created…
TAMPA, Florida, Dec. 14– The National Association of Insurance Commissioners issued the following news release:. Erin Klug, assistant director of the Product Filing and Compliance Division at the Arizona Department of Insurance and Financial Institutions, Glenda Haverkamp, senior administrative specialist at the Kansas Insurance Department, and Don Beatty,…
On Tuesday, the Florida Senate passed insurance reforms which would give another $1 billion subsidy to the carriers, but don't expect lower premiums anytime soon. But the bill's sponsor— Banking and Insurance chairman Joe Boyd, who runs an insurance and investment firm in Bradenton— conceded his reforms could take a year to 18 months to filter through the…
–Risk Strategies, a leading national specialty insurance brokerage, and risk management firm, today announced it has appointed Doran Lamond as Commercial Lines Leader, New England region. Her deep technical experience combined with her positive can-do-attitude and personable nature will be extremely valuable to our entire team,” said Ed Flanagan, Risk…
New research by The Hartford, a leading provider of employee benefits and absence management, finds 63% of U.S. workers feel their financial stress has increased over the past year and 56% say their financial stress negatively impacts their mental health. “The rising rate of financial stress along with its negative effect on employee mental health is a warning…
–Vouch, the Insurance of Tech, is live with the first insurance solution designed for Web3 companies. Without the right coverage, founders' personal assets and the entire company can be at risk- and Web3 is no different, "said Jared Klee, Director of Web3 for Vouch. Over the past 18 months, over 3,000 Web3 startups have raised almost $40 billion.
Clearspeed, the leading provider of voice analytics technology for risk assessment in the insurance, government, and security sectors, today announced the release of Clearspeed Surge. “Insurance fraud poses a consistent and massive threat to organizations across the globe, and in the midst of a volatile climate environment and economic uncertainty, it is…
Robust network, digital experience key to Geotab selecting Agero to support new roadside assistance program offering coverage to fleets in U.S. and Canada. MEDFORD, Mass.& TORONTO—- Agero, whose leading B2B software and services enable auto manufacturers, insurers, fleets and others to support their customers at every stage of vehicle ownership, and Geotab, a…
–Owl.co, a leading insurtech dedicated to providing unbiased evidence at scale for life and health insurers, is pleased to announce the addition of Janae Tapley Sorenson as their first-ever Vice President of Growth. In this new role, Sorenson will lead Owl’ s business development, distribution strategy, and partnerships initiatives across North America..
Dec. 14— Louisiana Insurance Commissioner Jim Donelon said he might ask political leaders to convene a special session in early 2023 if two legislative committees do not approve his plans to relaunch a multimillion-dollar incentive program this week. The grants would go to insurers willing to take on some of the riskiest policies now covered by the…
WASHINGTON, Dec. 14– America's Health Insurance Plans issued the following statement on Dec. 13, 2022:. AHIP President and CEO Matt Eyles released this statement following today's announcement by the Centers for Medicare& Medicaid Services on improving maternity care. Today, 27 health insurance providers who together cover 150 million Americans committed to…
Protect Our Care: Biden Administration Continues To Expand Affordable Coverage And Protect Consumers
WASHINGTON, Dec. 14– Protect Our Care issued the following statement on Dec. 13, 2022:. The news comes as the Centers for Medicare& Medicaid Services released the proposed Notice of Benefit and Payment Parameters for 2024, which takes important steps to make ACA coverage more accessible, affordable, and equitable for the American people. "President Biden is…
WASHINGTON, Dec. 14– The American Council of Life Insurers posted the following joint statement on Dec. 13, 2022:. American Council of Life Insurers President and CEO Susan Neely and National Association of Insurance and Financial Advisors- Massachusetts President Josh O'Gara issued the following joint statement on the best interest annuity rule adopted…
FALLS CHURCH, Virginia, Dec. 14– The National Association of Insurance and Financial Advisors posted the following joint statement on Dec. 13, 2022:. American Council of Life Insurers President and CEO Susan Neely and NAIFA-MA President Josh O'Gara issued the following joint statement on the best interest annuity rule adopted recently by the Massachusetts…
–Triton Benefits& HR Solutions, a national employee benefits broker and HR consulting firm, is proud to announce its offering of Surest, a revolutionary new ACA-compliant health insurance option. Financially backed by United Healthcare, Surest is one of a handful of new tech-based group insurance companies looking to reinvigorate an aging insurance…
The four ACA navigators in New Hampshire– Health Market Connect, Lamprey Health Care, Foundation for Health Communities and Harbor Care– participated in the discussion, and Jayme Simões of Protect Our Care moderated the event. I've prioritized efforts in Congress to successfully lower health care premiums, making health insurance on the marketplace more…
The Federal Deposit Insurance Corporation issued a notice of proposed rulemaking to amend part 328 of its regulations to modernize the rules governing use of the official FDIC sign and insured depository institutions' advertising statements to reflect how depositors do business with IDIs today, including through digital and mobile channels.
We, South Florida homeowners, carry high deductibles and pay astronomical rates for property insurance— the highest in the country, three times the national average. I’ ve been a Florida homeowner since 1984, and all I’ ve asked from my insurer was a roof inspection after Hurricane Irma that amounted to $750 worth of loose tiles I fixed and sealed.
