On average, insurers are asking for a 17.1% increase for individuals and 11.5% for small businesses, according to the Pennsylvania Insurance Department. More than 600 Pennsylvanians signed a petition calling for a "healthcare cost freeze," organized by the Affordable Healthcare Coalition, which is scheduled to be delivered on Wednesday to the agency's…
The following information was released by Public Citizen:. In June, CDI published a proposed regulation that would require large domestic insurers in California to assess and mitigate long-term risks to their solvency from climate change, technological innovation, and other emerging risks. "CDI must do more than protect the bottom line of insurers," said Elyse…
North CarolinaInsurance Commissioner Mike Causey today announced the arrest of Georgia Denise Robinson, 42, of 5801 Triangle Oaks Drive, Raleigh. Special agents with the Department of Insurance's Criminal Investigations Division accuse Robinson of making false and misleading statements as part of a claim with Lemonade Insurance Co. According to the…
OVERLAND PARK, KS- Today, Representative Sharice Davids met with Kansans whose health insurance premiums have skyrocketed since enhanced Affordable Care Act tax credits expired last year. The enhanced tax credits helped more than160, 000 Kansans save an average of $700 each year on health insurance. In Kansas' Third District alone, an estimated 52,000 people…
The Louisiana Department of Insurance Office of Insurance Fraud assisted the State Fire Marshal's Office in an insurance fraud investigation that led to the arrest of Tashira S. Glover, 42, who is charged with fraudulently obtaining insurance benefits following a residential fire. "Stopping insurance fraud requires a unified front among state agencies,…
First-time homeowners in Texas are falling behind on their mortgages at increasing rates, largely due to rising home insurance costs. That makes them more vulnerable to rising monthly costs, said Erin Dee, the chief operating officer of Interlinc Mortgage Services, a lender based in Houston. Roughly 6% of FHA loans in Texas were seriously delinquent in April,…
Some economists and Wall Street analysts had predicted the Fed would hike its rate by a quarter point. The Iran war has generated uncertainty over the economic outlook and has driven energy prices higher, intensifying inflationary pressure and creating a quandary for Fed policymakers. The three officials who dissented— Beth Hammack, president of the Federal…
According to news reporting originating in Beijing, People’ s Republic of China, by NewsRx journalists, research stated,“ In this paper, we examine the transmission mechanism of central bank digital currency in an economy with heterogeneous banks and an interbank market, using a New Keynesian DSGE framework.”. For more information on this research see: The Effects…
Latest AALTCI Price Index finds consumers who compare policies can save substantially on virtually identical long-term care insurance coverage.
Consumer Watchdog unveiled a website this week where homeowners affected by last year’ s Los Angeles County wildfires can file claims complaints against State Farm, the biggest home insurer in California. The complaints will be shared with State Farm to help speed up resolution. State Farm agreed to it, but it "s a general power that that Consumer Watchdog has,"…
2026 JUL 28– By a News Reporter-Staff News Editor at Insurance Daily News– Staff editors report on the newly launched clinical trial, NCT07703631, which has the following summary description:“ Lung cancer is the leading cause of cancer incidence and mortality worldwide as it is for highand middle-income countries. A study among resectable lung cancer in…
2026 JUL 28– By a News Reporter-Staff News Editor at Insurance Daily News– According to news reporting originating from Washington, D.C., by NewsRx journalists, a trademark application has been made for“ DIGITAL ADVISOR SUCCESS HUB” by DAVID J. DAVIS BAKER& MCKENZIE LLP, representing Jackson National Life Insurance Company. This application was made available to…
2026 JUL 28– By a News Reporter-Staff News Editor at Insurance Daily News– Investigators publish new report on Opioids. According to news reporting from Lexington, Kentucky, by NewsRx journalists, research stated,“ Despite naloxone’ s proven effectiveness in reversing opioid poisoning, receipt rates among the high-risk Medicaid population remain…
AM Best has revised the outlook to stable from negative for the Long-Term Issuer Credit Ratings and affirmed the Financial Strength Rating of A+ and the Long-Term ICRs of“ aa” of Tennessee Farmers Mutual Insurance Company and its affiliate, Tennessee Farmers Assurance Company, which are members of Tennessee Farmers Insurance Companies.
Unum Group today reported net income of $256.9 million for the second quarter of 2026, compared to net income of $335.6 million for the second quarter of 2025.. Included in net income for the second quarter of 2026 is a before-tax net investment loss on the Company’ s investment portfolio of $5.2 million, strategic actions impact of $30.7 million before tax, and…
American Integrity Insurance Group, Inc., a Tampa- based property and casualty insurance holding company and one of Florida’ s leading providers of residential property insurance, today announced that its Vice President of Claims, Trevor McDonald, has been named PropertyCasualty360’ s 2026 Claims Leader of the Year in the Insurance Carriers category.
W. R. Berkley Corporation today announced the appointment of Christopher L. Moede as president of Berkley Risk. Mr. Goodwin joined Berkley Risk in 2012 and successfully served as its executive vice president before being named president in 2014.. Commenting on the appointment, W. Robert Berkley, Jr., chairman, chief executive officer, and president of W. R. Berkley…
Delaware Life Insurance Company, a leading provider of innovative and customizable financial solutions, today launched TrackGuard+™, a bonus fixed index annuity that combines a high upfront premium bonus, a strong lineup of index crediting strategies, enhanced in-contract liquidity, and principal protection in a single solution. “Many of today’s savers want…
The Board of Trustees for the State Health Plan approved sweeping management and beneficiary changes this month that include bringing back Blue Cross Blue Shield NC as its third-party administrator in January 2028. The SHP is North Carolina's largest purchaser of medical and pharmaceutical services. The board approved preferred provider contracts with…
