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Insurance Department’s review leads to savings

July 30, 2024

Pennsylvania Insurance Commissioner Michael Humphreys today announced that the Pennsylvania Insurance Department has saved consumers $98.3 million in annual property and casualty insurance premiums in the first six months of 2024 through its review of insurance company rate filings. "Protecting Pennsylvania's insurance consumers is a top priority…

Task force finalizes flood insurance access report

July 30, 2024

The Pennsylvania Insurance Commissioner, on behalf of the Flood Insurance Premium Assistance Task Force, has presented Governor Josh Shapiro and the General Assembly with the Flood Insurance Premium Assistance Task Force Final Report, which includes recommendations designed to improve the affordability and accessibility of flood insurance, bolster…

PROJECT 2025: Bad for farms

July 30, 2024

The reforms to farm subsidies include eliminating Agriculture Risk Coverage, Price Loss Coverage, and cutting the Farm Service Agency along with the Federal Crop Insurance program. Chapter 10 of Project 2025 specifies that USDA nutrition programs be severed and administered by the Dept. of Health and Human Services. I could not find plans for U.S. Agriculture…

Update on consolidation of Prudential's ownership interest in Prudential Assurance Malaysia Berhad ("PAMB") Form 6 K

July 30, 2024

a4398y SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6- K REPORT OF FOREIGN PRIVATE ISSUER Pursuant to Rule 13 a-16 or 15 d-16 of the Securities Exchange Act of 1934 For the month of July, 2024 PRUDENTIAL PUBLIC LIMITED COMPANY 13/ F, One International Finance Centre, 1 Harbour View Street, Central, Hong Kong, China Indicate by check mark whether the…

Quantitative Easing Could Occur Soon – Here's What That Could Mean For Crypto, And How To Benefit

July 30, 2024

The reduction of interest rates by both the BoC and ECB raises expectations of interest rate cuts by the Federal Reserve in the near future. The Macroeconomic Backdrop The Federal Reserve adjusts the federal funds target rate range in response to what’ s happening in the economy. Against the backdrop of elevated inflation stemming from the COVID-19 pandemic,…

Quantitative Easing Could Occur Soon – Here's What That Could Mean For Crypto, And How To Benefit

July 30, 2024

The reduction of interest rates by both the BoC and ECB raises expectations of interest rate cuts by the Federal Reserve in the near future. The Macroeconomic Backdrop The Federal Reserve adjusts the federal funds target rate range in response to what’ s happening in the economy. Against the backdrop of elevated inflation stemming from the COVID-19 pandemic,…

Alliant Financial Institutions Wins Broker Team of Year in the Business Insurance U.S. Insurance Awards

July 30, 2024

Alliant Financial Institutions was awarded“ Broker Team of the Year” in the Business Insurance 2024 U.S. Insurance Awards during an event in New York City on July 18. The Financial Institutions practice at Alliant Insurance Services was selected as Broker Team of the Year among finalists that included the top 5 P&C insurance brokerage firms.

Senior Managing Director Form 6 K

July 30, 2024

Form 6- K Table of Contents FORM 6- K. U.S. SECURITIES AND EXCHANGE COMMISSION. For the month of July 2024.

Viruses for cleaner water

July 30, 2024

Just, there's a lot of news that involves viruses, which is always wild, how these rogue, nonsentient bits of genetic scraps, basically dice in nucleic acid form, can have such a profound impact on human life, both for the negative and, as Shannon Mullane reports below, potentially for the positive. We have an ace researcher from Colorado State University lined up, plus…

Demand for Colorado's paid-family and medical leave 44% less than expected

July 30, 2024

Colorado's Family and Medical Leave Insurance program, which is managed by the state but funded by workers and employers, paid out more than $311 million in benefits in the first half of the year, according to state Department of Labor and Employment data. Though voters approved the program as part of a 2020 ballot initiative, it's still not well known, said Hunter…

Individual health insurance rates in Colorado could see below-average increase in 2025

July 30, 2024

Health insurance premiums for people who buy coverage on their own in Colorado look set to increase 5.5% overall next year, slightly below average for recent years, according to preliminary numbers released Wednesday. The state Division of Insurance reviews and typically knocks proposed rate increases back somewhat before releasing finalized rates in…

Colorado Division of Insurance dodges Colorado Option dialogue | OPINION

July 30, 2024

The Colorado Division of Insurance is holding another stakeholder meeting this week to discuss health insurance plans and premiums in the state for 2025— specifically, the small and individual group markets or health insurance plans not purchased through an employer. It's no secret health care costs in Colorado remain some of the highest in the country as we…

Durham man accused of trying to fraudulently obtain over $6K in insurance scheme, officials say

July 30, 2024

DURHAM, N.C.– A Durham man is accused of trying to fraudulently obtain more than $6,700 from an insurance company after he was involved in a car crash, the North Carolina Department of Insurance announced Monday. According to special agents with the N.C. Department of Insurance Criminal Investigations Division, 53- year-old Eric Jahmal Simpson of Durham was…

China's top leaders vow to support consumers and improve confidence in its slowing economy

July 30, 2024

A statement issued after the meeting of the 24 highest leaders of the party warned that coming months would be tough, perhaps alluding to mounting global uncertainties ahead of the U.S. presidential election in November. After that gathering, China's central bank reduced several key interest rates and the government doubled subsidies for electric vehicles…

New law bans practices aimed at lowering insurance payouts

July 30, 2024

Pritzker also signed House Bill 2499, which bans the sale of short-term, limited-duration insurance plans in Illinois– policies Pritzker and other critics refer to as "junk insurance" because they are not required to meet the minimum standards under the federal Affordable Care Act. "For too long, insurance companies have used predatory tactics to make an extra…

State health coverage commission begins work

July 30, 2024

ATLANTA– A newly created state commission looking for ways to improve health-care access and quality for low-income uninsured Georgians held its kickoff meeting Thursday. The nine-member Georgia Comprehensive Health Coverage Commission was authorized in legislation the General Assembly passed this year overhauling Georgia's "certificate-of-need"…

Upcoming events in the area

July 30, 2024

Amalie Arena, 401 Channelside Drive, Tampa. www.amaliearena.com. MidFlorida Credit Union Amphitheatre, 4802 U.S. 301, Tampa. www.midflorida.com. Visani, 2400 Kings Highway, Port Charlotte. 941-629-9191 or www.visani.net.

Stock market today: Wall Street mostly higher on earnings ahead of Federal Reserve meeting

July 30, 2024

Wall Street barely budged early Tuesday as more companies post quarterly earnings and the U.S. Federal Reserve prepares to convene its latest monetary policy meeting and talk about interest rates. Virtually no one expects the U.S. central bank to touch rates this week, but most economists expect the Fed to begin easing its monetary policy at the following…

Cancer costs for Americans with private health insurance rose after the ACA rollout and fell for those with Medicaid

July 30, 2024

OsakaWayne Studios/ Moment via GettyImages. But adults under 65 with at least $51,000 in annual income– and private health insurance coverage– saw their costs increase by $3,100 per year during the same period. I conducted this study with two other scholars, Douglas Thornton at the University of Houston and Chan Shen at Penn State.

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