AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of Pozavarovalnica Sava d.d., the operating holding company of the Sava Insurance Group. The outlook of these Credit Ratings is stable. The ratings reflect Sava Re’ s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating…
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AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a+” of Gulf Insurance Group B.S.C. (c). The outlook of these Credit Ratings is stable. Nonetheless, it is exposed to elevated financial system risk stemming from its operations in Bahrain and Oman.
For the 11th consecutive year, Navitus MedicareRx has earned the nation’ s highest rating among Prescription Drug Plan and Employer Group Waiver Plan offerings, receiving a 4 out of 5 rating in the U.S. Navitus MedicareRx, offered through Dean Health Insurance Inc., provides Part D prescription drug coverage for employer groups and retirees.
MSI™, one of the largest independent managing general agencies in the United States, today announced a new collaboration with Moved, the leading proptech platform for automating resident moves and ancillary revenue. Under this collaboration, MSI’s renters insurance can be embedded directly into the Moved platform, and compliance is tracked via the…
Crux, the insurance operating system for modern agencies, brokers and carriers, today announced that Equity Insurance Group, the independent agency that’ s“ big enough to save you money, small enough to know your name,” has selected Crux as the home base for its marketing and service operations. EIG will deploy Crux across its 28 locations in 10 states to automate the…
While we appreciate the Federal Emergency Management Agency is providing a new option for Vermonters buy a National Flood Insurance Program Policy, color us skeptical. Vermont's frustration with FEMA hit the high-water mark in the last few years, with delays and red tape. "President Trump's efforts to dismantle FEMA and limit the federal government's…
DENTON— Coastal and flood-prone Texas residents can now purchase federal flood insurance policies online through a new digital tool released by the Federal Emergency Management Agency, the agency announced in a release on Tuesday, Oct. 20. The self-service option, available at Floodsmart.gov, streamlines the buying process for residents living in…
California families will soon pay more for health insurance than for a new car. Average premiums for employer-sponsored family coverage are expected to top $30,000 in 2027. Absent action from Sacramento, employers will be forced to hold down wages, raise prices, reduce hiring, shift more costs onto workers, and offer less generous coverage.
Alliant Private Client, a division of Alliant Insurance Services, announces its role as the featured expert on the risk management needs of wealthy individuals and families for“ All Access with Andy Garcia,” a short-form documentary program scheduled to air on October 26th on Public Television stations nationwide. “Wealth creates interconnected exposures…
The following information was released by the Virginia Tech:. Just days before the 2026 midterm election, the Federal Reserve will be faced with a high-stakes decision raise interest rates to curb inflation or hold steady. According to Virginia Tech finance expert Brad Paye, politics are sure to be an elephant in the room when the Federal Open Market Committee…
The following information was released by the Henry J. Kaiser Family Foundation:. At the time the law was enacted, the Congressional Budget Office estimated the new law's Medicaid changes would reduce federal spending on Medicaid by $911 billionbetween 2025 and 2034 and increase the number of people without health insurance by 7.5 million.
The following information was released by the Texas Department of Insurance:. The Texas Department of Insurance held the first meeting of the Texas Insurance Fraud Task Force on Monday. Greg Abbott's direction to clamp down on insurance fraud and better protect Texas consumers from higher costs.
The owner of a suburban Chicago counseling center and five others have been indicted on federal fraud charges for allegedly submitting at least $19 million in fraudulent claims to a private insurer for psychotherapy services that were not provided. An indictment returned Monday in the Northern District of Illinois alleges that from 2010 to 2025, Copeland…
A June 2026 analysis by NerdWallet found that U.S. drivers can overpay for auto insurance by an average of $4,914 per year by not comparing rates between carriers. According to the J.D. Power 2025 U.S. Insurance Shopping Study, 57% of U.S. auto insurance customers shopped for a new policy in 2024, the highest rate recorded in the study's 19- year history.
Jewelry insurance is worthwhile for any piece valued above your homeowner's policy's sub-limit, which is around $1,500 to $2,000, per the Insurance Information Institute. At 1% to 2% of appraised value per year, insuring a $6,000 engagement ring with a specialized jewelry insurance provider costs around $60 to $120 annually. *Is any single piece of your…
HARTFORD– The late Nancy Wyman, a former lieutenant governor and state comptroller, was remembered Tuesday as a gender pioneer, a mentor, a co-founder of the state's health insurance marketplace, and a good-humored, enthusiastic public policy expert who spread respect around the state, in high heels. Dannel Malloy recalled her as a solid partner during their…
Costco, the multi-billion-dollar retailer, just partnered with health insurer Scan Group to offer Medicare Advantage plans in select states. This new offering of the popular alternative to Medicare, which lets beneficiaries choose among competing private plans, shows how mainstream these plans have become. Last year, the Centers for Medicare& Medicaid…
State Health Insurance Assistance Program or SHIP counselors are available at Senior and Family Services in Washington. A free program, counselors are available at the 211 E. Main Street location Monday, Tuesday, Thursday and Friday in the afternoon by appointment only. “Trained volunteers are in every county to assist people on Medicare, those who are elderly…
PacificSource plans to cut another 134 jobs in Oregon as the Springfield- based health insurer continues to shrink its business. The nonprofit insurer told state labor officials on Tuesday that it will permanently lay off employees in Portland, Salem, Bend and at its Springfield headquarters by Dec. 31. In May, PacificSource announced plans to eliminate 97 jobs…
