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July 29, 2020

Acrisure Acquires Tulco’s Artificial Intelligence Insurance Business

GRAND RAPIDS, Mich.& PITTSBURGH—- In a transformational move, Acrisure today announced that it has acquired artificial intelligence leader Tulco LLC’ s insurance practice to bring best-in-class data science, AI, and machine learning capabilities to the insurance brokerage industry. This transaction enables true deployment of“ insurtech at scale” as it…

July 29, 2020

eHealth Celebrates the First Anniversary of Opening its Eastern Headquarters in Indianapolis, Indiana

–Today eHealth, Inc. marked the anniversary of the opening of its Eastern Time Zone operations and technology headquarters in Indianapolis, Indiana, which occurred one year ago. In addition to its corporate headquarters in Santa Clara, California and its Eastern Time Zone headquarters in Indianapolis Indiana, eHealth has offices in Gold River, California; San…

July 29, 2020

Heartland Retirement Group Becomes Latest to Join Fast-Growing Integrity Marketing Group

–Integrity Marketing Group, LLC, the nation’s largest independent distributor of life and health insurance products, today announced the acquisition of Heartland Retirement Group, an insurance marketing organization based in Iowa. As part of the transaction, Heartland’s CEO, Tyler Lainson, will become an owner in Integrity. “Heartland’s dynamic leadership…

Agency Revolution Provides Independent Agencies an Affordable Client Engagement Solution

July 29, 2020

Agency Revolution, a leader in insuretech marketing solutions, today announced that it has released Spark™, a new client engagement solution for independent insurance agencies. The offering includes the core tools needed for communication and reputation management at an attractive price point. If you aren't communicating consistently, consumers will…

July 29, 2020

US Is Expected To Report Record-Breaking Economic Plunge

Having endured what was surely a record-shattering slump last quarter, the U.S. economy faces a dim outlook as a resurgent coronavirus intensifies doubts about any sustained recovery the rest of the year. Yet with the rate of confirmed coronavirus cases now rising in a majority of states, more businesses being forced to pull back on re-openings.

National Conference of Insurance Legislators Property & Casualty Insurance Committee Holds Virtual Interim Meeting

July 29, 2020

The purpose of the interim meeting was to discuss the first draft of the NCOIL Distracted Driving Model Act, and to provide an update on the National Association of Insurance Commissioners Casualty Actuarial and Statistical (C) Task Force's Regulatory Review of Predictive Models White Paper. NCOIL President Matt Lehman appointed Kentucky…

Wake Forest University: Job Loss May Bring Mental Health Challenges Along With Economic

July 29, 2020

Wake Forest University issued the following news:. North Carolina alone is nearing 1.2 million unemployment insurance claims as federal support remains uncertain. Wake Forest counseling professor Seth Hayden, who studies the connection between career and mental health says a change in work status causes stress and anxiety that is difficult to navigate…

July 29, 2020

Humana and Heal Announce National Partnership to Transform Home Care for Medicare Advantage Members and Others

LOUISVILLE, Ky.& LOS ANGELES—- Humana Inc., one of the nation’ s leading health and well-being companies, and Heal, a market leader in transforming healthcare through in-home, comprehensive primary care, today announced a broad strategic partnership including a $100 million investment from Humana, bringing primary care to the home through house calls and…

July 29, 2020

COVID-19 Impact & Recovery Analysis | Aerospace Insurance Market 2020-2024 | Evolving Opportunities With Allianz Group and American International Group Inc. | Technavio

The global aerospace insurance market is expected to grow by USD 58.70 million as per Technavio. This marks a significant market slow down compared to the 2019 growth estimates due to the impact of the COVID-19 pandemic in the first half of 2020. However, steady growth is expected to continue throughout the forecast period.

Democratic Senatorial Campaign Committee: 3 Years After Failed Repeal Vote, Senate Republicans Are Still Trying To Take Away Your Health Care

July 29, 2020

Three years after Senate Republicans tried– and failed– to repeal the Affordable Care Act and gut protections for people with pre-existing conditions, vulnerable GOP senators and candidates are still trying to eliminate health care coverage– even during a pandemic and despite the fact that their records are deeply unpopular with voters across the country.

HHS Secretary Azar Issues Remarks at Project Air Bridge Visit

July 29, 2020

Before I get into the topic of today's event, I want to note that we are closely monitoring the situation on the Texas coast with the response to Hurricane Hanna, which became a tropical depression after landfall. We've been preparing throughout this spring and summer for the unique challenges presented by the combination of hurricane season and COVID-19, and…

Ford Took $6B Government Loan In 2009 — And Debt Still Haunts Company

July 29, 2020

More than a decade after the last economic crisis, Ford Motor Company is still paying down a fat government loan created by Congress at the start of the Great Recession to aid automakers with factory projects. Meanwhile, Ford took a different path. In September 2009, Ford entered into an agreement with the Department of Energy and borrowed $5.9 billion as part of a…

Insurer Anthem's 2Q profit swells, helped by drop in claims

July 29, 2020

—Anthem’ s second-quarter profit doubled to nearly $2.3 billion, as a pandemic-induced drop in claims and a new business pushed the Blue Cross- Blue Shield insurer’ s earnings past expectations. “Some things can only be delayed so long,” noted Chief Financial Officer John Gallina. Anthem said its adjusted earnings jumped to $9.20 per share in the quarter that ended…

Progressive Democrats Executive Director's Statement Opposing Party Platform

July 29, 2020

The Progressive Democrats of America issued the following statement by Executive Director Alan Minsky:. Progressive Democrats of America supports the DNC Delegates who are planning to vote against the proposed 2020 Democratic Party platform because it does not include a universal single-payer Medicare for All program. The failing U.S. Healthcare system,…

Ohio Democratic Party: Three Years After Trumpcare Died, Donald Trump Is Still Attacking Affordable Care Act

July 29, 2020

The Ohio Democratic Party issued the following statement by Chairman David Pepper on the 3rd anniversary of the defeat of President Trump's attempt to repeal the Affordable Care Act:. “Three years after Donald Trump's legislative attempt at taking health care away from millions of Americans was defeated on the Senate floor, Trump has refused to relent in his…

Center on Budget & Policy Priorities: Trump Administration Should Withdraw Rule That Would Deepen State Budget Crisis, Make Medicaid Cuts Likelier

July 29, 2020

The Center on Budget and Policy Priorities issued the following commentary by senior fellow Judith Solomon:. Yet the Trump Administration is poised to finalize a rule that would make it harder for states to fund their share of Medicaid, and at an especially bad time– worsening a historic state budget crisis and raising the risk that states will make harmful…

July 29, 2020

United Kingdom Motor Insurance Market, 2020- Growth, Trends & Forecast – ResearchAndMarkets.com

The United Kingdom Motor Insurance Market is estimated to grow at a CAGR of approximately 4% during the forecast period. The GBP 515 million underwriting profit of motor insurance in 2018 was a significant increase from the GBP 258 million underwriting.. 4.5. 2 Bargaining Power of Buyers/Consumers. 4.5. 3 Bargaining Power of Suppliers.

Democratic Party of Georgia: Trump Has Learned Nothing Three Years After McCain's Historic Vote Rejecting His Attempt to Repeal ACA

July 29, 2020

The Democratic Party of Georgia issued the following news release:. John McCain's “thumb down” vote to block Trump and Republicans from repealing the Affordable Care Act, Trump has shown us he has learned nothing, forging ahead with a lawsuit to eliminate the Affordable Care Act in the midst of a pandemic. “Time and time again, voters and our leaders in Congress have…

Chairman Rubio Issues Statement on SBA IG Management Advisory Warning of Suspected COVID-19 Economic Injury Disaster Loan Fraud

July 29, 2020

Marco Rubio, R- Florida, chairman of the Senate Small Business and Entrepreneurship Committee, issued the following statement after the Small Business Administration Inspector General issued a Management Advisory entitled “Management Alert: Report 20-16, Serious Concerns of Potential Fraud in EIDL Program Pertaining to the Response to COVID-19” to the…

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