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Tennessee Insurance Commissioner Hodgen Mainda, former EPB executive, departs state post for private sector

October 28, 2020

Oct. 28– This story was updated at 9:22 a.m. on Wednesday, Oct. 28, 2020 to correct the spelling of Hodgen Mainda's name. Bill Lee on Tuesday, a little over a year after the former Chattanooga- based EPB vice president took the post. Saying the job “has been very fulfilling,” Mainda noted that while “the last eight months have been challenging, I am proud of what we have…

Briza, CNA Enable Seamless Digital Distribution of Small Business Insurance Products

October 28, 2020

Briza, a software company that uses a commercial insurance Application Programming Interface to connect carriers' underwriting systems to insurance agencies, wholesalers, and software platforms, announced a collaboration with CNA, one of the largest U.S. commercial property and casualty insurance companies, enabling immediate digital distribution of…

Ad says Upton voted a dozen times in support of repealing ACA. Here's our fact-check

October 28, 2020

The claim: Upton“ voted a dozen times to kick thousands of Michigan families off their health insurance and eliminate protections for preexisting conditions.”. “He voted a dozen times to kick thousands of Michigan families off their health insurance and eliminate protections for preexisting conditions,” an ad from Hoadley states. In 2019, more than 500,000…

October 28, 2020

United Kingdom Pre-Retirement Pensions Market Report 2020: COVID-19 will Bring Uncertainty to Saving for Retirement

The size of the pensions market has been forecast to 2024. The total UK pensions market grew 16.1% to 16.4 bn annual premium equivalent in 2019. COVID-19 will bring uncertainty to saving for retirement. The UK economy has officially entered into recession and disposable incomes are set to fall as unemployment rises. The UK pensions market is projected to…

Lawsuit Threat Pushes Pa Commissioners To Switch Plan On Health Insurance

October 28, 2020

On Monday, they rescinded that contract and approved staying with United Healthcare for another year at a cost of $21.2 million. The CEBCO cost was $21.3 million, a $128,000 difference, according to County Administrator Judi Boyko. Commissioner Don Dixon told the Journal-News that United Healthcare threatened to sue because the commissioners' broker didn't…

October 28, 2020

Nightingale Partners Invests in Edenbridge Health to Offer Innovative Eldercare Options to Underserved Seniors

–Nightingale Partners LLC, the first healthcare qualified opportunity zone fund and advisory firm, today announced a strategic partnership and investment into Edenbridge Health, a rising eldercare company with the mission of allowing frail seniors in underserved communities to lead connected, meaningful lives in-home and community-based settings.

Wisconsin Primary Health Care Association Issues Public Comment on Health Resources & Services Administration Proposed Rule

October 28, 2020

Stephanie Harrison, CEO of the Wisconsin Primary Health Care Association, Madison, has issued a public comment on the Health Resources and Services Administration proposed rule entitled “Executive Order on Access to Affordable Life-saving Medications”. The Wisconsin Primary Health Care Association, the member association for the 17 Federally Qualified…

October 28, 2020

10,000 Users Can’t Be Wrong: Tech Pioneer Brings its Award-Winning Repair Shop Software to Entire Auto Aftermarket

–For nearly 10 years, BOLT ON TECHNOLOGY has led a revolution in the auto repair industry, helping nearly 10,000 independent repair shops drive customer loyalty and reap higher revenues. Its Digital Vehicle Inspection reports, which give drivers the ability to see photos of their repairs and read technician notes on a mobile device, have transformed the repair…

October 28, 2020

Life Happens’ 2020 Life Lessons Scholarship Program Supports the Education of 48 Students, By Awarding Over $350,000 in Scholarships

This year, the nonprofit has awarded a record $351,000 in scholarships to a total of 48 incoming and current college students in the U.S. who lost a parent or guardian who had little or no life insurance. The 2020 scholarship recipient awarded a $20,000 scholarship is Zoe Mulzet, a 20- year-old from Whitehall, PA. Zoe lost her father during her freshman year of high…

October 28, 2020

More than 4 out of 5 Aetna Medicare members in 4 Star-rated plans or higher for 2021

Star Ratings data for 2021 contracts show 83 percent of Aetna MAPD members are currently enrolled in 4 Star-rated plans or higher, compared to 77 percent for the industry. 1. “This year’s Star Ratings demonstrate our consistency in bringing quality and value to our members,” said Christopher Ciano, president of Aetna Medicare. Aetna 4.5- Star Rated Contracts:.

Workers Seek Help As Pandemic Increases Financial Stress: Survey

October 28, 2020

The number of individuals reporting high levels of financial stress more than doubled from 11% pre-COVID to 27% since the crisis struck. Further, while only 44% of participants reported experiencing financial stress prior to the pandemic, the number grew to 67% following the outbreak.

'No one should be complacent': Here's what Louisiana officials say residents should expect from Zeta

October 28, 2020

John Bel Edwards said Tuesday that, despite the lateness in a seemingly endless hurricane season, residents of southeast Louisiana should heed the warnings about Hurricane Zeta. Winds of up to 75 miles per hour are in the forecast east and south of the New Orleans metropolitan area. While the hurricane has slowly moved eastward, the governor said any westward…

La. U.S. Attorney: One More Pleads Guilty to Conspiring to Stage Automobile Accidents in Order to Defraud Insurance Companies

October 28, 2020

The U.S. Attorney for the Eastern District of Louisiana, Peter G. Strasser, issued the following news release on Oct. 27:. United States Attorney Peter G. Strasser announced that MARVEL FRANCOIS, age 51, of Houma, Louisiana, entered a plea of guilty today to Conspiracy to Commit Mail Fraud, in violation of Title 18, United States Code, Section 371, arising out of staged…

Anthem tops 3Q forecasts as it absorbs big expense hit

October 28, 2020

—Anthem delivered a better-than-expected third quarter even though a jump in benefit expenses and other costs contributed to an 81% drop in the health insurer’ s net income. The Blue Cross- Blue Shield coverage provider also said Wednesday that it was leaving its 2020 earnings forecast unchanged, as insurers continue to deal with uncertainty caused by the…

America's Health Insurance Plans: Long-Term Care Insurance Takes on COVID-19

October 28, 2020

America's Health Insurance Plans issued the following news release:. Long-term care insurance helps millions of Americans manage the potentially significant costs of extended health care, which has grown even more essential as the nation fights back against the COVID-19 crisis. AHIP's new one-pager highlights how long-term care insurance providers are…

Hurricane Zeta gains strength as it jogs toward storm beaten Louisiana

October 28, 2020

Hurricane specialists expect Zeta to begin a faster north-northeastward motion later Wednesday morning making landfall in southeastern Louisiana Wednesday afternoon. Prior to its possible Louisiana landfall, the warm water of the Gulf is forecast to juice Zeta up to Category 2 strength with maximum sustained winds of 100 mph. Over 3,500 evacuees from…

October 28, 2020

PrimeOne Insurance Company Adds Steven Nigro to Board of Directors and Names Stephen Greenfield Chief Underwriting Officer

“We welcome Steve Nigro to the board as a new independent director and look forward to the value his leadership will bring,” said David Thorson, Chairman and President of PrimeOne. Mr. Nigro is a Managing Partner of TAG Financial Institutions Group, and the Vice Chairman and Lead Independent Director of Maiden Holdings, Ltd. He brings over 25 years of insurance…

October 28, 2020

Alleghany Corporation Announces Time Change to Previously Announced RSUI Virtual Investor Meeting on November 6, 2020

–Alleghany Corporation today announced that it has changed the time for its RSUI Group, Inc. virtual investor meeting to 10:30 a.m. Eastern Time on Friday, November 6, 2020. Presenters will include Weston M. Hicks, Alleghany’s President and chief executive officer, David E. Leonard, RSUI’s Chairman and Chief Executive Officer, and other members of the RSUI…

American Council of Life Insurers: Neal-Brady Bill Would Help More Workers Save for Retirement, Strengthen Financial Footing

October 28, 2020

The American Council of Life Insurers issued the following statement on Oct. 27 by President and CEO Susan Neely:. American Council of Life Insurers President and CEO Susan Neely made the following comment on the Securing a Strong Retirement Act of 2020, legislation introduced by U.S. House Ways& Means Committee Chairman Richard Neal and Ranking Member Kevin…

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