Governor Kathy Hochul today announced that a joint investigative partnership by members of the New York State Police and the New York State Department of Financial Services resulted in the arrests of 16 individuals as part of ongoing and joint auto insurance fraud investigations. The joint investigation uncovered nearly $500,000 in attempted…
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Project Omega and Charter Space today announced a partnership to evaluate how next-generation radioisotope power systems would improve spacecraft resilience, reduce mission risk, and enable new approaches to spacecraft recovery and insurance. Charter Space Technologies, Inc. is a specialty insurance brokerage and underwriting technology company…
AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of European Liability Insurance for the Nuclear Industry. The outlook of these Credit Ratings is stable. The ratings reflect ELINI’ s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, limited business…
The balance sheet strength assessment also considers Kenya Re’ s exposure to elevated levels of economic, political and financial system risks, which are associated with its core markets, as well as its concentration to Kenya, where 90% of its invested assets are located. Kenya Re has a track record of adequate operating performance, evidenced by…
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of the European Mutual Association for Nuclear Insurance. The outlook of these Credit Ratings is stable. The ratings reflect Emani’ s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, neutral business…
More than 20 states have enacted laws regulating third-party litigation funding disclosure, according to a new members-only Issues Brief from the Insurance Information Institute. State of the Issue: Third-Party Litigation Funding examines why lawmakers are acting and how litigation finance negatively impacts insurance costs. “Litigation funding has…
Americans are worried about affording health care in retirement and misconceptions about Medicare could leave many unprepared for the true cost, according to the 2026 Annual Retirement Study* from the Allianz Center for the Future of Retirement, part of Allianz Life Insurance Company of North America. “You don’ t want to pinch pennies when it comes to your…
Congresswomen Yvette D. Clarke and Adelita S. Grijalva, alongside 61 Members of Congress, sent a letter urging U.S. Citizenship and Immigration Services to immediately expedite pending green card applications for immigrants who have lost or are at risk of losing Medicaid, the Children's Health Insurance Program, Medicare, and Affordable Care Act premium…
Ryan Bourne and Nathan Miller. When TIME asked President Trump about the national debt surpassing $40 trillion, he directed much of his blame toward the Federal Reserve. Most Treasury debt promises fixed dollar payments.
The following information was released by the California Department of Insurance:. SACRAMENTO, Calif. Protecting Californians from paying more than is required for insurance, the California Department of Insurance is establishing a new, voluntary, and fully transparent process for analyzing proposed insurance rates for personal and commercial lines…
Business suspension order received from Japan’ s Financial Services Agency for Prudential of Japan extends the period in which it cannot solicit new business to January 31, 2027, and partial business suspension order for Gibraltar Life applies to its Life Consultant channel through the same date Business improvement orders also received from the FSA…
Earnix, the AI company purpose-built for insurance, today announced that In The Car, a provider of digitally integrated insurance programs for automotive OEMs and dealerships, has selected Earnix’ s Price-It pricing and rating solution and Filing Accelerator to accelerate its expansion into new markets across the United States. “The opportunity is to make…
Counterpart, the AI-native insurance platform providing management and professional liability solutions to small businesses, has been named a 2026 Inc. Power Partner Awards winner. Past honorees include Anthropic, BILL and Acumatica. “Business owners have no shortage of tools at their disposal, and B2B companies need to make clear why their products and…
kWh Analytics, a Beazley company, today announced the release of its 2026 Resilient Power Report, a collection of case studies highlighting the successes and lessons learned from renewable energy projects that have withstood severe weather and wildfire events. Technologies and protocols that weren’t in place just a few years ago are now operational,” said…
A only constant in life is change. That's why seniors should review their coverage during the annual open enrollment period that began Oct. 15 and runs through Dec. 7, said Mike Carsey, a volunteer with Volunteers Assisting Seniors. Volunteers Assisting Seniors serves as the east-central Nebraska office of the federally funded Nebraska State Health Insurance…
Oscar Insurance, one of the fastest-growing insurers in the individual market and part of Oscar Health, Inc., today unveiled its 2027 health insurance lineup for millions of consumers during the open enrollment period. Oscar Insurance, one of the fastest-growing insurers in the individual market and part of Oscar Health, Inc. unveiled its 2027 health…
Roughly 15% of U.S. drivers— approximately one in seven— were operating vehicles without valid auto insurance as of 2025, according to a study by the Insurance Research Council. And for state regulators, the uninsured rate functions as a barometer of how accessible mandatory coverage requirements have become, AssuranceAmerica reports.
The following information was released by the NYC Department of Health and Mental Hygiene:. Funded by a $3 million investment in the FY 2027 budget, HART will connect New Yorkers with health insurance enrollment, food assistance, relief from hospital bills and housing support. As the federal government moves to impose new barriers to health care and food…
BOISE— Legislators held a final meeting for the Idaho Health Insurers Working Group Wednesday, Oct. 14, hearing a broad overview on the standing of Idaho hospitals and making recommendations on future legislation, including around prior authorization reform. The group was initially formed during the legislative interim to respond to a dispute between…
