Newswires

Jermaine Johnson, regional president of PNC Bank in Washington, D.C., was appointed to the Baltimore Board of Directors by the Board of Directors of the Federal Reserve Bank of Richmond. Radha Muthiah, president and CEO of Capital Area Food Bank in Washington, D.C., was appointed to the Baltimore Board of Directors by the Board of Governors of the Federal Reserve…

2026 FEB 06– By a News Reporter-Staff News Editor at NewsRx COVID-19 Daily– Data detailed on Coronavirus- COVID-19 have been presented. According to news reporting originating in Knoxville, Tennessee, by NewsRx journalists, research stated,“ PurposeTo examine the association between sociodemographic determinants and parent-reported up-to-date…

The following information was released by Mississippi Senator Cindy Hyde-Smith:. WASHINGTON, D.C. U.S. Senators Roger Wicker and Cindy Hyde-Smith this week reiterated the need for the Federal Emergency Management Agency to end Biden-era changes to the National Flood Insurance Program that are driving families and businesses away from vital disaster…

Allianz Life is the first carrier to bring fixed index annuities to the Ensight™ Platform. MINNEAPOLIS, Feb. 6, 2026/ PRNewswire-PRWeb/– Financial professionals who sell select fixed index annuities for Allianz Life Insurance Company of North America can now use a new digital tool to create customized, interactive presentations to help educate their clients…

AM Best has affirmed the Financial Strength Rating of B+ and the Long-Term Issuer Credit Rating of“ bbb-” of Orion Reinsurance Ltd.. Orion Re was founded in December 2004 and is licensed by the Bermuda Monetary Authority to act as a class III insurer without restrictions of any kind in its class. As of December 2024, 40% of the company’ s gross written premium was…

AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of“ aa-” of the life/health insurance subsidiaries of Prudential Financial, Inc., collectively referred to as Prudential. Concurrently, AM Best has affirmed the Long-Term ICR of“ a-” of PFI and all Long- and Short-Term Issue Credit Ratings of the group.

“With roots dating back to the 1600 s, Lloyd’ s has evolved into a global marketplace to assist as well as regulate the transferring of complex risks,” said Sean Kevelighan, chief executive officer, Triple-I.“ Its unique model connects global capital with risk, helping U.S. businesses, communities, and insurers manage exposures that might otherwise be difficult to…

AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of“ bbb” of RF&G Insurance Company Limited. The ratings of RF&G were placed under review with negative implications on September 22, 2023, following the company’ s 100% acquisition of M&C General Insurance Company Limited from Minvielle& Chastanet Limited, a wholly…

AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of“ bbb” of M&C General Insurance Company Limited. After a decline in capital during 2023, mainly due to reduced capital upon M&C General’ s sale to RF&G Insurance Company Limited, the company’ s BCAR scores for 2024 increased significantly. M&C General’ s investment…

AM Best has assigned a Financial Strength Rating of A and a Long-Term Issuer Credit Rating of“ a” to Southbridge Compañía de Seguros Generales S.A.. Southbridge is a property/casualty insurer, incorporated on May 6, 1980, in Santiago, Chile. Southbridge ranks sixth within the P/C segment in Chile, holding 5.9% of the market, based on gross written premiums.

AM Best has upgraded the Financial Strength Rating to A- from B++ and the Long-Term Issuer Credit Rating to“ a-” from“ bbb+” of First Net Insurance Company. Underwriting income was reported in four of the last five years, except for 2023, when the company was impacted by Typhoon Mawar, which was the most severe weather event in Guam since 2002. The limited business profile…

Out of 45.9 million total claims in 2024, 20.4% were denied by health insurers in Massachusetts, the Health Policy Commission said in a report released Thursday. "Simplifying and streamlining billing and claims submissions is a clear step we must take to address inefficiencies in the health care system, and a step forward to more affordable, equitable, and…

When Congress finally passed a stopgap measure to end the 43- day federal government budget shutdown last November, the bill did not include provisions to extend or continue the tax credits reducing the cost of health insurance through the Affordable Care Act marketplaces. As a result, premiums for some 24 million Americans with ACA marketplace insurance…

Auto insurance fraud— whether vehicle theft or staged accidents— already costs U.S. consumers billions of dollars annually, experts say. Officials in New Jersey and Michigan have also reported an increase in staged accidents and organized insurance fraud. This trend isn't limited to the U.S. In Canada, property and casualty insurer Aviva reported a 14%…

Check out these crucial wins that AOA achieved for doctors and patients in 2025 as advocates look to March 15-17 for AOA on Capitol Hill| AOA Federal Keyperson Summit. Broadercongressional concerns over Americans health insurance frustrations continue to elevate the need for VBM reforms on Capitol Hill. Advocates will return to Washington, D.C., for AOA on…

The following information was released by the America's Health Insurance Plans:. In a new op-ed for STAT, Donna Shalala and Tommy Thompson two former HHS Secretaries under Democratic and Republican administrations urged policymakers to prioritize the stability of the Medicare Advantage coverage and benefits that 35 million seniors and individuals with…

The following information was released by the Insurance Information Institute:. As climate, cyber, artificial intelligence, and geopolitical risks accelerate, the Lloyd's insurance marketplace is reinforcing the need for innovation, capital resilience, and collaboration to address emerging threats, according to the Insurance Information Institute's…

The Affordable Insurance and Recovery Act will place the costs of extreme weather on the fossil fuel companies responsible to protect California homeowners from rising costs. Survivors of the Los Angeles Fires and consumer advocates joined Senator Scott Wiener outside the Capitol to announce SB 982, the Affordable Insurance and Recovery Act,…

A former firefighter with the South Salisbury Volunteer Fire Department has been charged with obtaining $102,202.80 in disability payments he wasn't entitled to receive. According to a release from the N.C. Department of Insurance, Commissioner Mike Causey announced the arrest of John William Myers, 52, of 107 Rudolph Road, Salisbury.