Lafayette Parish School System teachers and retirees will likely see their health insurance premiums increase in July to offset a projected 3.2% deficit that the self-funded insurance is facing. The Employee/Retiree Insurance Advisory Committee recommended to the school board that premiums increase by 4%. The 4% change would mean, depending on the type…
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As a featured sponsor of Children’ s Week Florida, the CareSource Foundation was honored to host a reception for recipients last night at the Woman’ s Club of Tallahassee. In addition to The Family Café, the top 10 Florida Northwest Grant Challenge awardees include The Able Trust, Dare to Dream Young Girls Network, Early Learning Coalition of Northwest Florida,…
JACKSON– Thousands of Wyoming residents are at risk of losing their Medicaid coverage over the coming months. Following nearly three years of greater funding and leniency for in-state Medicaid programs, prompted by federal COVID-19 emergency declarations, the Wyoming Department of Health is reverting Medicaid application requirements to pre-pandemic…
Selective Insurance Group, Inc. is a New Jersey holding company for ten property and casualty insurance companies with $10.8 billion in assets as of December 31, 2022. A customer-centric company, we are dedicated to serving our customers' unique insurance needs through customized risk management solutions and value-added services. Refer to the section…
Selective Insurance Group, Inc. is a New Jersey holding company for ten property and casualty insurance companies with $10.8 billion in assets as of December 31, 2022. A customer-centric company, we are dedicated to serving our customers' unique insurance needs through customized risk management solutions and value-added services. Refer to the section…
In February, Florida insurance regulators placed United Property& Casualty Insurance Co. into receivership and declared the company insolvent, leaving thousands of Florida homeowners left to find insurance coverage. Most UPC policyholders turned to Citizens Property Insurance, the state's insurer of last resort for coverage, but some homeowners with…
Mercury Insurance today announces three new coverages and four new discounts that are available for homeowners or renters in Virginia. Mercury's new coverages provide additional insurance protections with an option for environmentally-friendly replacement products. "Mercury's new discounts are definitely a big step in the right direction," said…
NEW YORK, NY, March 30, 2023- WTW, a leading global advisory, broking and solutions company, today announced the addition of two senior directors, Alan Routhenstein and Noel Harewood, to its Life Insurance Consulting and Technology business within the company's Insurance Consulting and Technology operation. Dominique Lebel| Managing Director, Americas Life…
A federal judge in Fort Worth has ruled that a mandate requiring health insurers to pay the full cost of preventive health care is unconstitutional. “A lot of these services are really widely used,” said Allison Hoffman, a law professor at the University of Pennsylvania Law School.“ Manly people are going to feel the effects of this ruling.”. The case was brought by…
Individuals suffering from hearing loss may be recommended hearing aids by audiologists. Those seeking hearing healthcare may wish to determine if they are eligible for financial assistance. Unfortunately, it is a fact that insurance does not typically cover the cost of hearing aids, despite being necessary medical devices.
The federal government recently passed a bill that will end the policy of continuous Medicaid eligibility on March 31. Instead, it begins a 14- month process of "unwinding" this rule for Wisconsin's Medicaid and Badger Care programs and a return to routine operations. If you have questions and need help understanding your options for health insurance coverage,…
EVENT: The Cato Institute holds a discussion on "Should Congress End the Tax Exclusion for Employer-Sponsored Health Insurance?" PARTICIPANTS: Jason Furman, professor of economic policy at Harvard University's Kennedy School; Brian Blase, president of the Paragon Health Institute; and Michael Cannon, director of health policy studies at Cato.
Corvus Insurance, the leading cyber underwriter, powered by a proprietary AI-driven cyber risk platform, today welcomed Prashanth Gangu as President of the company. Prashanth Gangu, President of Corvus Insurance. Previously, Gangu was a Partner and Head of Americas P&C Insurance at Oliver Wyman, a Marsh McLennan company.
Does health insurance cover hearing aids? Individuals who suffer from hearing loss may be recommended to use hearing aids by audiologists. Patients with hearing impairment issues must determine if they are eligible for financial aid while seeking hearing healthcare.
In the last 60 days, Best’ s Review readers have been most interested in the following stories:. “Inflation's Impact on Property Insurance- to-Value” looks at how many homeowners and businessowners are underinsured, but independent agents are stepping up efforts to increase protection for their clients.“ Landmark Deals Change Landscape for Global Reinsurance…
AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of Tokio Marine Canada Ltd.. The outlook of these Credit Ratings is stable. The very strong balance sheet assessment reflects TMC’ s strongest level of risk-adjusted capitalization, as measured by Best’ s Capital Adequacy Ratio, with a capitalization of CAD 75…
Honored in the Legacy and Ecosystems Transformation category, ICW Group accomplished an ambitious plan to sunset all of ICW Group's workers' compensation mainframe legacy systems and IT business processes and operations to support its aggressive growth strategy. Pivotal to the success of the effort, ICW Group partnered with Percipience LLC to establish…
A federal judge in Fort Worth has ruled that a mandate requiring health insurers to pay the full cost of preventive health care is illegal. The case was brought by multiple Tarrant County residents, including Fort Worth orthodontist John Kelley, as well as Dr. Kelley, a member of the Christ Chapel Bible Church in Fort Worth, is“ a Christian, and he is therefore…
AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of The Hollard Insurance Company Pty Ltd. The outlook of these Credit Ratings is stable. The ratings also factor in a neutral impact from the company’ s ownership by Hollard Holdings Australia Pty Ltd.
