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Amid crisis in Louisiana insurance marketplace, top regulator pleads for action on incentives

December 14, 2022

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…

How Medicare Advantage plans dodged auditors and overcharged taxpayers by millions

December 14, 2022

Medicare had paid the Blue Cross plan more than $20,000 to cover the care of 11 patients seen by Aggeus Healthcare, a chain of podiatry clinics, in 2011.. Blue Cross said it couldn't locate any records to justify the payments because Aggeus shut down in the wake of the indictment, which included charges of falsifying patient medical files. CMS granted the request…

General enrollment period for Medicare Part B

December 14, 2022

The period runs from Jan. 1 to March 31 every year. Hillary Hatch is the public affairs specialist for West Michigan. You can write her c/o Social Security Administration, 3045 Knapp NE, Grand Rapids MI 49525 or via email at [email protected].

PGIM Investments Launches Growth, Value and Multi-Asset ETFs

December 14, 2022

PGIM Investments has launched three actively managed ETFs— the PGIM Jennison Focused Growth ETF, the PGIM Jennison Focused Value ETF and the PGIM Portfolio Ballast ETF. Stuart Parker, President and CEO, PGIM Investments. These new funds offer compelling investment strategies, combined with the benefits of the ETF structure, including increased transparency…

Assurant Aims to Reduce Greenhouse Gas Emissions by 40 Percent by 2030

December 14, 2022

Assurant, Inc., a leading global business services company that supports, protects and connects major consumer purchases, today announced its goal to reduce greenhouse gas emissions by 40 percent by 2030. “Our new climate goal furthers Assurant’ s commitment to integrate climate impact into our business operations,” said Keith Demmings, president and CEO,…

Erlon's 20-Year Relationship with The Cashion Company Yields Extraordinary Results in Customer Service

December 14, 2022

–Insurance Automation Group, the developers of iAutomate: Erlon Surety and The Cashion Company, now entering into its third decade working together in the advancement of the surety industry, have forged a lasting partnership based on mutual focus on customer service and long-term relationships. As president of the National Association of Surety Bond…

Here's how condo inspections should work

December 14, 2022

The Nov. 13 60 Minutes television show was about Florida condos and co-ops. The City of Venice Building Department will receive inspection reports now. Milestone inspection reports must be performed, sealed and signed by a Florida licensed engineer or architect.

HHS IG Issues Audit Report on Documentation of Medicaid Managed Care Payment Review Determinations Made Under Payment Error Rate Measurement Program

December 14, 2022

The U.S. Department of Health& Human Services' Office of Inspector General issued the following audit report summary for the Centers for Medicare and Medicaid Services:. The Centers for Medicare& Medicaid Services is responsible for overseeing States' design and operation of their Medicaid programs and ensuring that Federal funds are appropriately spent.

WTW appoints Naheed Jaffer Director and Lead of Pricing, Product, Claims and Underwriting (PPCU), Canada

December 14, 2022

NEW YORK, NY, December 14, 2022- WTW, a leading global advisory, broking and solutions company, today announced the appointment of Naheed Jaffer as Director and Lead for Pricing, Product, Claims and Underwriting propositions in Canada, within the company's Insurance Consulting and Technology business. Nicolas Beaudoin| P&C Division Leader, Americas, and Head of…

Amid crisis in Louisiana insurance marketplace, top regulator pleads for action on incentives

December 14, 2022

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…

Florida homeowners, not insurers, the real insurance-crisis victims. But do lawmakers care? | Opinion [Miami Herald]

December 14, 2022

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.

Progressive Reports November 2022 Results and Provides Dividend Information and 2023 Annual Meeting Dates

December 14, 2022

–The Progressive Corporation today reported the following results for November 2022:. The Common Shares of The Progressive Corporation, the Mayfield Village, Ohio- based holding company, trade publicly at NYSE: PGR. Company Contact: Douglas S. Constantine 395-3707 [email protected] The Progressive Corporation 6300 Wilson Mills Road…

FCCI Insurance Group Launches New Video – Policyholders, Partners and Promises

December 14, 2022

–FCCI Insurance Group launched its latest video– "FCCI Policyholders, Partners and Promises." Watch this video to learn what makes insurance agents recommend FCCI to their customers and what makes business owners choose FCCI to insure their commercial insurance needs. We selected them and never looked back, "said James Shelhorse, Chief Financial Officer at…

Health care agency settles fraud claims for $1.26M, agrees to pay $2M in wages, benefits

December 14, 2022

Eastern District of New York. Breon Peace, United States Attorney for the Eastern District of New York, and Letitia James, New York State Attorney General, announced today a settlement agreement with a Brooklyn- based licensed home care service agency White Glove Community Care, Inc.. The settlement agreement addresses allegations that White Glove violated…

Beverly Hills father, son, sent to prison for defrauding COVID-relief programs

December 14, 2022

Ramiro Da Rosa Mendes, 61, was sentenced to 41 months in federal prison by United States District Judge Percy Anderson, who also ordered him to pay $2,228,302 in restitution. Ramiro Mendes claimed to own numerous fake businesses purportedly based in Beverly Hills, including One Wilshire Enterprises, Professional Music Services, and MB Property Management…

Insurtech Accelerant Names Protecdiv COO Paul Little to Board of Directors

December 14, 2022

Accelerant, the insurtech empowering underwriters with superior portfolio management, data analytics, and long-term capacity commitments, has appointed Protecdiv Chief Operating Officer Paul Little to the Board of Directors of Accelerant Holdings. He also served as CEO at Ultimate Risk Solutions, an economic capital software development company, and…

Centrum Health Announces Partnership with Ambetter from Superior HealthPlan as Preferred Insurance Provider in Texas

December 14, 2022

This partnership provides Centrum Health patients in Texas with access to affordable healthcare coverage through all Ambetter plan offerings, including Gold, Silver, Value and Virtual Access plans. Centrum Health takes a proactive approach to healthcare to make staying healthy simple. We are proud to partner with Ambetter from Superior HealthPlan to…

More families qualify for affordable health insurance

December 14, 2022

If you need coverage starting Jan. 1, you must enroll by Dec. 15. The Healthcare.gov Marketplace is open, and nonprofits Mountain Projects and Pisgah Legal Services offer free help so you get the facts on Affordable Care Act health insurance. Mountain Projects and Pisgah Legal Services are pleased to work in partnership to help people in WNC review the plans and…

Jacksonville man sent to prison for ‘off the books’ pay scheme

December 14, 2022

Jacksonville Man Sentenced To More Than Four Years In Federal Prison For Facilitating "Off The Books" Pay Scheme As Part Of Conspiracies To Defraud The IRS And Workers' Compensation Insurance Company. District Judge Brian J. Davis today sentenced Oscar Molina-Avila to four years and four months in federal prison for conspiracy to commit wire fraud and…

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