AM Best has commented that the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of Prescient National Insurance Company, are unchanged following the Dec. 18, 2024, announcement that all outstanding shares of Prescient Holdings, LLC will be acquired by Louisiana Workers’ Compensation Corporation. Prescient Holdings, LLC owns 100% of…
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The Federal Reserve is expected to cut its key interest rate Wednesday, providing some help for consumers. In California, sales of existing homes in October were up from September. The median price was $888,740, up 2.4% from September.
With winter arriving officially on Saturday, Dec. 21, preparing for snow, ice and frigid temperatures should be a priority for homeowners, renters and drivers throughout much of the U.S., according to the Insurance Information Institute. “More and more policyholders are seeing the value in‘ Predict& Prevent’ for managing their risk,” said Triple-I CEO Sean…
More Americans intend to focus on financial stability in the coming year than they have in the last decade, according to the 2025 New Year’ s Resolutions Study* from Allianz Life Insurance Company of North America. Financial stability was ranked as the No. 1 focus area in the next year by 38% of Americans in the annual study. “With the rising cost of living, Americans…
tsn-20241218 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14 A Proxy Statement Pursuant to Section 14 of the Securities Exchange Act of 1934 Filed by the Registrant x Filed by a Party other than the Registrant o Check the appropriate box: Tyson Foods, Inc. Payment of Filing Fee: x No fee required. o Fee computed on table below…
Las Vegas Mayor Shelley Berkley said in a statement the item on the council agenda is a major step forward in reaching a settlement in the litigation. The city is purchasing the Badlands property for $636 million— paid for by the city's liability insurance and property damage fund— then selling the property for $350 million to Lennar Homes through simultaneous…
The U.S. has made great progress in getting more people insured since the Affordable Care Act took effect in 2014. The share of uninsured Americans ages 18 to 64 fell from 18% before the ACA to 9.5% in 2022. And preexisting conditions no longer prevent coverage or lead to an increase in premiums.
US stocks fall sharply and Dow tumbles 1,100 points after the Fed hints at just 2 rate cuts for 2025
—U.S. stocks tumbled to one of their worst days of the year after the Federal Reserve hinted Wednesday it may deliver fewer shots of adrenaline for the U.S. economy in 2025 than earlier thought. Wall Street loves easier interest rates, but that cut was already widely expected. A lot is riding on it, particularly after expectations for a series of cuts in 2025 helped…
There's no law requiring California property owners to carry insurance, but the vast majority buy it to protect themselves from fire and other perils, or are required to do so by their mortgage lenders. For decades, insuring California's homes, farms and commercial properties was a hum-drum business of willing sellers and willing buyers.
Wisp, the largest pure play women’s telehealth company in the U.S. focused on providing sexual and reproductive health solutions, now serving 1.3 million patients, today announced a strategic partnership with Nourish, the leading food as medicine platform. Wisp patients can now access nutrition counseling services either through their health insurance or…
ERIE, Pa., Dec. 18, 2024- Erie Insurance today announced that Cody Cook and Sarah Shine have been promoted to executive vice presidents, effective Jan. 1, 2025. Both leaders are currently serving as senior vice presidents and have been members of ERIE's Executive Council since June. Cook joined Erie Insurance in 2003 as an actuary in Personal Lines and predictive…
People who want health coverage starting Jan. 1 have until Wednesday to sign up at an ACA marketplaceThe deadline was extended from Dec. 15 to Dec. 18 this yearIf you miss the Wednesday deadline, you still have until Jan. 15 in most states to sign up for 2025 coverage that will commence on Feb. 15. WEDNESDAY, Dec. 18, 2024– Folks need to act now if they want health insurance…
California's plan to stabilize its faltering home insurance market is now law, meaning homeowners in fire-prone areas and beyond may soon have an easier time finding coverage. "Giving people more choices to protect themselves is how we will solve California's insurance crisis," Lara said in a statement. But last week, Farmers Insurance, the state's…
Registered voters in Tennessee voiced overwhelming support for Medicaid expansion, including 55% of MAGA Republicans, and, further, they believe health insurers and pharmaceutical companies are largely responsible for high healthcare costs. "While much ink has been spilled about what the election results mean about the electorate, these results suggest…
Retail sales rose 0.7% in November, the Commerce Department said Tuesday, a solid increase and higher than October's 0.5% gain. The boost in spending underscores that the economy is still growing at a healthy pace even with higher interest rates, a trend that could cause the Federal Reserve to lower borrowing costs more slowly next year than they have…
NEW YORK, NY, UNITED STATES, December 12, 2024/ EINPresswire.com/– ReSource Pro, a leading strategic operations partner to insurance organizations, and InsurTech NY, one of the largest insurtech communities in North America, today released a new research report examining insurtech MGAs and their impact on reshaping the insurance landscape.
Luigi Mangione, charged with murder against UnitedHealthcare insurer CEO Brian Thompson, will appear in a Pennsylvania court on Monday, December 23. In total, Luigi Nicholas Mangione will face eleven charges in New York, including two counts of second-degree murder, one of them as a crime of terrorism "for the brazen, targeted and premeditated shooting of Brian…
The rates are assessed on the paychecks of the enrolled employees of Burlington County, the Burlington County Bridge Commission, Rowan College at Burlington County and the Burlington County Board of Social Services to cover their medical and prescription drugs benefits. "This is fantastic news for our employees and their families, as well as Burlington…
LINCOLN— Max Perry was ousted from day care as a tot. "We were living in hell," said Nikki Perry, a law school graduate who left a pharmaceutical sales job to be more involved in her son's treatments. But the Lincoln mom and other advocates now face a different anxiety, worried that such services could be jeopardized for a growing number of Nebraska's most vulnerable…