Newswires

MetLife, Inc. (NYSE: MET) has caught the attention of the investment community today with its bullish price action. The company’s shares have moved 5.27% on the day to $84.56. MetLife, Inc., a financial services company, provides insurance, annuities, employee benefits, and asset management services worldwide. It operates through five segments: U.S.; Asia; Latin America; Europe, […]

AM Best has affirmed the Financial Strength Rating of B++, the Long-Term Issuer Credit Rating of“ bbb” and the Vietnam National Scale Rating of aaa.VN of Bao Minh Insurance Corporation. The outlook of these Credit Ratings is stable. The ratings also factor in a neutral impact from the company’ s majority ownership by the State Capital Investment Corporation, which…

Nicholas Rosenlicht, a psychiatrist and author with a Berkeley practice, heard about the shooting of United Healthcare CEO Brian Thompson on a Manhattan street on Dec. 4, he was surprised and saddened by the act. Rosenlicht, a clinical professor at UC San Francisco School of Medicine who has spent 40 years in psychiatry and has a practice on Solano Avenue, is…

For years, their meat went on to feed hungry Californians via California Emergency Foodlink, a southeastern Sacramento nonprofit group. California Emergency Foodlink had relied on Washington- based American Canadian Fisheries to fillet, freeze and deliver the salmon to its distribution headquarters, where it was distributed to food banks.

For most small businesses, offering health insurance is a way to attract and retain top talent, enhance employee satisfaction, and boost productivity. In fact, Thatch recently found that 73% of small business owners believe offering competitive benefits is important to their business' overall success. Types of Small Business Health Insurance.

RICHMOND— With Donald Trump's return to the White House and Republicans taking full control of Congress in 2025, the Affordable Care Act's Medicaid expansion is back on the chopping block. More than 3 million adults in nine states would be at immediate risk of losing their health coverage should the GOP reduce the extra federal Medicaid funding that's…

ONEOK said it has expanded liquid natural gas fractionation and pipeline capacity following a $930 million settlement in which hundreds of people evacuated after a gas plant explosion and fire in northern Oklahoma. Tulsa- based ONEOK said in January 2023 that it had reached an agreement with its insurers to settle all claims for physical damage and business…

Counterpart, the first management and professional liability insurtech to build the full suite of proprietary underwriting, in-house claims management, and extensive risk mitigation solutions for SMEs, announced it has written over 10,000 policies. To meet the rising demand for comprehensive insurance and risk management solutions, Counterpart has…

Majesco, a global leader in cloud insurance technology, has once again been recognized as the top technology leader in the 2024 SPARK Matrix™ by QKS Group for both L&A and P&C Insurance Platforms, following the similar recognition in 2023. Majesco’s cloud-native platforms earned top scores across multiple parameters, reflecting its leadership and…

U.S. applications for unemployment benefits jumped to their highest level in two months last week but remain low relative to historical standards. The Federal Reserve instituted a flurry of rate increases in 2022 and into 2023 to try to suppress the four-decade high inflation that took hold when the U.S. economy rebounded from the brief but sharp pandemic…

WASHINGTON- Fueled by pricier used cars, hotel rooms and groceries, inflation in the United States moved slightly higher last month in the latest sign that some price pressures remain elevated. Wednesday's inflation figures from the Labor Department are the final major piece of data that Federal Reserve officials will consider before they meet next week to…

One Inc, the leading payments network for the insurance industry, announced today that GoAuto Insurance, has selected One Inc’ s ClaimsPay ® and PremiumPay ® products for a fully integrated and digitized policyholder payment experience. The Baton Rouge- based company, known for offering affordable car insurance for drivers in Louisiana, Nevada, Ohio, Texas…

Motorists who have comprehensive, or "other-than-collision" insurance on their automobiles can generally rest assured that their cars will be covered if it is stolen. A Coalition Against Insurance Fraud study estimates that all kinds of insurance fraud costs Americans $308.6 billion annually. Automobile thefts make up $7.4 billion of that total.

A bipartisan group of legislators is seeking to break up pharmacy benefit managers by forcing them to sell pharmacy businesses, in what experts described as Congress' most radical attempt to reform the controversial drug middlemen to date. Elizabeth Warren, D- Mass., and Josh Hawley, R- Mo., introduced a bill in the Senate that would require healthcare companies…

Elizabeth Warren, Massachusetts Democrat, drew double-takes for her comments linking the Dec. 4 murder to greedy billionaires benefiting from federal tax cuts and the "vile practices" of insurance companies. This guy gets a trial who’ s allegedly killed the CEO of UnitedHealth,” Ms. Warren said.“ But you can only push people so far. Ms. Warren made similar comments in an…

So, a person of interest has been taken into custody for the slaying of United Health CEO Brian Thompson. Much speculation has been cast as the hunt was on for the gunman. Was this a pointed attack targeting the health care industry?

State employee health plans could have saved $7.1 billion nationwide by capping hospital payments at 200% of Medicare rates in 2022, a study led by researchers at the Brown University School of Public Health found. Led by researchers from Brown's Center for Advancing Health Policy through Research, the analysis builds on the team's earlier study of the…

MetLife, Inc., one of the world’ s leading financial services companies, will host its previously announced Investor Day in New York City today. Extend leadership in Group Benefits by capturing and enlarging the addressable market via more employers, more products per employee, and greater employee participation; Capitalize on a unique retirement platform…

The TCW Group, Inc., a leading global asset manager, and Nippon Life Insurance Company, one of the world’ s largest life insurance companies, today announced that Nippon Life intends to commit up to $3.25 billion in additional anchor capital to TCW alternative credit strategies and increase its minority ownership stake in TCW in the future.