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LOEWS CORPORATION REPORTS NET INCOME OF $253 MILLION FOR THE THIRD QUARTER OF 2023

October 30, 2023

–Loews Corporation today released its third quarter 2023 financial results. Loews Corporation reported net income of $253 million, or $1.12 per share, in the third quarter of 2023 compared to a net loss of $22 million, or $0.09 per share, in the third quarter of 2022. CNA Financial Corporation's net income improved year-over-year due to higher net investment…

CNA FINANCIAL ANNOUNCES THIRD QUARTER 2023 NET INCOME OF $0.95 PER SHARE AND CORE INCOME OF $1.06 PER SHARE

October 30, 2023

–CNA Financial Corporation today announced third quarter 2023 net income of $258 million, or $0.95 per share, versus net loss of $42 million, or$ per share, in the prior year quarter. Our Life& Group segment produced a core loss of $29 million for the third quarter of 2023 versus $192 million in the prior year quarter, which reflects an unfavorable after-tax impact of…

Comparing Coverage Options During Medicare Open Enrollment Could Save You Money

October 30, 2023

If you're enrolled in Medicare, it's important to remember Medicare Open Enrollment is open through Dec. 7 each year. It is the time for people with Medicare to compare their prescription drug and health coverage options for the upcoming year. It is important to compare your options because plans can change every year– even your current choice may be changing.

What Floridians should know before you cancelling property insurance

October 30, 2023

With the price of premiums doubling the past few years, some Florida homeowners are choosing to go without property insurance, figuring that the savings are worth the risk of going bare in a hurricane-prone state. Florida leads the rest of the nation homeowners shedding coverage. According to the Insurance Information Institute, 15% to 20% of Florida…

NFP Acquires West Midlands-Based Resolute Insurance Services

October 30, 2023

BIRMINGHAM, England, Oct. 30, 2023/ PRNewswire/– NFP, a leading property and casualty broker, benefits consultant, wealth manager, HR services consultant, and retirement plan advisor, today announced it has acquired Resolute Insurance Services, an independent insurance broker based in the West Midlands. "We're excited to welcome the Resolute team to NFP," said John…

Navigating through misleading Medicare Advantage ads Savvy Senior: Navigating through misleading Medicare Advantage ads

October 30, 2023

Q UESTION: I'm currently enrolled in original Medicare but have been thinking about switching to a Medicare Advantage plan during the open enrollment period. You can sign up for one of them during open-enrollment season from Oct. 15 through Dec. 7. Some ads imply that the Centers for Medicare and Medicaid Services endorses or prefers a specific plan.

Ivanka Trump ordered to testify in New York civil trial against her father, brothers

October 30, 2023

New York Attorney General Letitia James brought the lawsuit, which alleges that Mr. Trump and his business manipulated financial statements to gain favorable terms on insurance and loans. The trial, which is wrapping up its fourth week, has featured testimony from former accountants and Trump lawyer-turned-fixer Michael Cohen, who piqued Ms. James' interest…

Economic, Financial and Political Tensions on Agenda for AM Best’s Annual MENA (Re)Insurance Market Briefing

October 30, 2023

AM Best will host its annual MENA Insurance Market Briefing on 17 November 2023, at 9:00 a.m., at the Fairmont Dubai to discuss the potential impact of recent developments on Middle Eastern and North African insurance and reinsurance markets. AM Best’ s stable outlook on the Gulf Cooperation Council Insurance region reflects the GCC region’ s solid footing to…

Principles for Climate-Related Financial Risk Management for Large Financial Institutions

October 29, 2023

Agency: " Office of the Comptroller of the Currency, Treasury; Board of Governors of the Federal Reserve System; and Federal Deposit Insurance Corporation." SUMMARY: The OCC, Board, and FDIC are jointly issuing principles that provide a high-level framework for the safe and sound management of exposures to climate-related financial risks. Board: Anna Lee Hewko,…

Medicaid and Children's Health Insurance Program (CHIP) Generic Information Collection Activities: Proposed Collection; Comment Request

October 29, 2023

Agency: " Centers for Medicare& Medicaid Services, Health and Human Services." It was last approved on April 26, 2021, via the standard PRA process which included the publication of 60- and 30- day Federal Register notices. This Federal Register notice seeks public comment on one or more of our collection of information requests that we believe are generic and fall…

Long-Term Financial Assurance for Mining

October 29, 2023

SUMMARY: The Forest Service is amending its locatable minerals rules to provide mine operators with a broader array of options for securing financial assurance for funding reclamation work. Locatable mineral operations on National Forest System lands must be conducted to minimize adverse environmental impacts on National Forest surface resources,…

Cyber insurance market size to grow by USD 42.81 billion between 2022 and 2027 | North America will account for 57% of the market growth – Technavio

October 29, 2023

–The global cyber insurance market size is estimated to grow by USD 42.81 billion from 2022 to 2027, according to Technavio. By geography, the global cyber insurance market is segmented into North America, Europe, APAC, South America, and Middle East and Africa. Also, factors such as the high adoption of technologies, the rise in online transactions, and the growth in…

Brain tumours can bring long-term disability – but some diagnosed are being refused NDIS support

October 29, 2023

The ABC is reporting how terminally ill patients are being left in limbo as the states and the National Disability Insurance Scheme argue over disability supports. The reports share the experiences of Australians with brain tumours and highlight the distress of getting a diagnosis, as well as the lack of support people can experience. Those living with what…

Driver's auto policy must pay for damages in accident when driving friend's car

October 29, 2023

Writing for the Court majority, Justice R. Patrick DeWine wrote that under the plain language of the car owner's Progressive Specialty Insurance Company policy, the driver, 16- year-old Ashton Smith, was not covered because Smith was covered as a driver under his father's auto insurance policy issued by Acuity. Chief Justice Sharon L. Kennedy and Justices…

Some large companies restrict or don’t offer abortion coverage

October 29, 2023

About a quarter of large U.S. employers heavily restrict coverage of legal abortions or don't cover them at all under health plans for their workers, according to the latest employer health benefits survey by KFF. In 2021, the median costs for people paying out-of-pocket in the first trimester were $568 for a medication abortion and $625 for an abortion…

North Texas’ first freeze of the season is coming. Here’s how long it’ll stay [Fort Worth Star-Telegram]

October 29, 2023

Dallas-Fort Worth will see freezing temperatures late Monday and into Tuesday morning, according to an extended forecast from the National Weather Service Fort Worth office Sunday morning. Sunday rain and storms increase threat of flooding for North Texas. A heavy mist shrouded Benbrook Lake early Sunday morning as a runner began his workout from the…

Earn public trust by being cyber aware

October 29, 2023

Unscrupulous people have been trying to swindle money from others for thousands of years. In fact, the earliest recorded case of insurance fraud dates back to 300 BC. Cybersecurity Ventures predicts the cost of damages from cybercrime will reach $10.5 trillion by 2025.

North Texas’ first freeze of the season is coming. Here’s how long it’ll stay [Fort Worth Star-Telegram]

October 29, 2023

Dallas-Fort Worth will see freezing temperatures late Monday and into Tuesday morning, according to an extended forecast from the National Weather Service Fort Worth office Sunday morning. Sunday rain and storms increase threat of flooding for North Texas. A heavy mist shrouded Benbrook Lake early Sunday morning as a runner began his workout from the…

First freeze in Dallas-Fort Worth coming. Here’s when it arrives and how long it’ll stay [Fort Worth Star-Telegram]

October 29, 2023

Dallas-Fort Worth will see freezing temperatures late Monday and into Tuesday morning, according to an extended forecast from the National Weather Service Fort Worth office Sunday morning. Sunday rain and storms increase threat of flooding for North Texas. A heavy mist shrouded Benbrook Lake early Sunday morning as a runner began his workout from the…

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