The Congressional Research Service issued the following Insight white paper on May 28, 2024, by Diane P. Horn, flood insurance and emergency management specialist. National Flood Insurance Program Risk Rating 2.0: Frequently Asked Questions. This Insight answers some frequently asked questions about Risk Rating 2.0, which came fully into effect on April 1,…
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The Congressional Research Service issued the following Insight white paper on May 28, 2024, by Diane P. Horn, flood insurance and emergency management specialist. Flooding is the most frequent natural disaster in the United States and experts expect effects to intensify in the future. *Any of the Federal Emergency Management Agency Hazard Mitigation…
–Palomar Holdings, Inc. today announced that Mac Armstrong, Chairman and Chief Executive Officer, and Chris Uchida, Chief Financial Officer, will participate in the William Blair Growth Stock Conference at the Loews Chicago Hotel on Tuesday, June 4, 2024. About Palomar Holdings, Inc. Palomar Holdings, Inc. is the holding company of subsidiaries Palomar…
The National Insurance Crime Bureau is warning those living in areas that could suffer from a natural disaster to not only be prepared for the disaster but to be aware of the potential for fraudulent contractors and vendors taking advantage of victims in its aftermath. Last year was a historic year for billion-dollar weather and climate disasters in the U.S.,…
Trisura Group Ltd. is a specialty insurer operating in the surety, risk solutions- warranty, corporate insurance and fronting market segments Trisura operates in niche markets, relying on specialized underwriting knowledge and structuring expertise to offer commercial products and services not provided by most insurers Components of Trisura were…
The draft version released Tuesday requires the Department of Insurance to more quickly evaluate price hikes that companies must request and have approved before they go into effect. The Personal Insurance Federation of California, which represents large companies, including State Farm, Allstate and Farmers Insurance, expressed support for the proposal.
The draft version released Tuesday requires the Department of Insurance to more quickly evaluate price hikes that companies must request and have approved before they go into effect. The Personal Insurance Federation of California, which represents large companies, including State Farm, Allstate and Farmers Insurance, expressed support for the proposal.
Assembly Democrats are at odds with California Gov. Gavin Newsom on a handful of big issues— including proposed cuts to Medi-Cal provider rate increases and tax deduction suspensions— as lawmakers negotiate a budget to close an estimated $45 billion deficit. The MCO tax allows California to draw down additional federal money to help fund Medi-Cal, the state’ s…
–WellCare of North Carolina, a provider of Medicaid healthcare coverage in North Carolina, and the Centene Foundation, the philanthropic arm of Centene Corporation, today announced a $1.95 million investment in The Umbrella Center, a comprehensive family justice center providing holistic services to those impacted by domestic violence, sexual assault,…
–Mercury Insurance policyholders who have been impacted by recent heavy storms in Texas and Oklahoma can report damages and losses through Mercury's claims hotline at 503-3724 or digitally by visiting https://www.mercuryinsurance.com/claims/residence-claim. html. However, the Mercury claims team is here for our Texas and Oklahoma customers…
David Manion, a Lafayette, Tennessee, resident and tobacco farmer with land in Tennessee and southcentral Kentucky, was given a 42- month prison sentence by U.S. District Court Chief Judge Greg Stivers. Manion pleaded guilty earlier this year to a count of federal crop insurance fraud, based on knowingly making false statements and reports on applications for…
Insurance companies may try to minimize or deny passenger claims. "–Stephen M. Morrow OPELOUSAS, LOUISIANA, UNITED STATES, May 29, 2024/ EINPresswire.com/– Passengers involved in vehicle accidents in Louisiana have specific rights and legal options for seeking compensation. Understanding these rights is crucial for ensuring that passengers receive fair…
On day 30 of the Chad Daybell trial Tuesday at the Ada County Courthouse, several more rebuttal witnesses were called to the stand, including the man who performed Tammy Daybell's autopsy and Rexburg detectives who worked the case. Daybell is charged with conspiracy to commit murder, first-degree murder, insurance fraud and grand theft in connection with the…
–Sun Life U.S. has been named a Forbes Best Employer for Diversity for the second consecutive year, building on multiple recognitions from Forbes in recent years, including America's Best Large Employers; Best Employers in Massachusetts; and America's Best Dental Insurers. Forbes recognitions are derived from employee surveys conducted by Statista.
A former Massachusetts physical therapy clinic owner who submitted over $1 million in health insurance claims for fake appointments has been sentenced to over two years in prison, according to the Massachusetts U.S. Attorney’ s Office. Chang Goo Yoon, a 62- year-old South Korean national who lives in New York City, was sentenced to 27 months in prison and three…
The $6 billion represents $2.28 billion saved by home, condo and renters' insurance policyholders, $3.68 billion in auto insurance savings, and nearly $100 million saved by doctors and other small business owners, from Consumer Watchdog rate challenges between 2002 and 2024.. Bill language posted by the governor last night could end public participation in…
On day 30 of the Chad Daybell trial Tuesday at the Ada County Courthouse, several more rebuttal witnesses were called to the stand, including the man who performed Tammy Daybell's autopsy and Rexburg detectives who worked the case. Daybell is charged with conspiracy to commit murder, first-degree murder, insurance fraud and grand theft in connection with the…
LIMITATIONS ON THE USE OF INFORMATION. This presentation has been prepared by Tiptree Inc. and its consolidated subsidiaries solely for informational purposes, and not for the purpose of updating any information or forecast with respect to Tiptree, its subsidiaries or any of its affiliates or any other purpose. All information is as of March 31, 2024 unless…
AM Best has upgraded the Long-Term Issuer Credit Ratings to“ a+” from“ a” and affirmed the Financial Strength Rating of A of Compagnie française d’ assurance pour le commerce extérieur, Coface North America Insurance Company and Coface Re SA, which are subsidiaries of Coface SA, the non-operating holding company of the Coface group. Coface Re is strategically…
