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December 15, 2020

Arthur J. Gallagher & Co. Acquires Premier Brokerage Services, Inc.

–Arthur J. Gallagher& Co. today announced the acquisition of Jenkintown, Pa.- based Premier Brokerage Services, Inc. Terms of the transaction were not disclosed. Founded in 1995, Premier is a high-net-worth focused life insurance wholesale agency offering primarily permanent and term life insurance, annuities and long-term care products from its offices in…

December 15, 2020

Capital Returns Management Sends Letter to Special Committee of the Board of Directors of FBL Financial Group Calling on the Committee to Reject the Grossly Inadequate Take Private Proposal from Farm Bureau Property and Casualty Insurance Company

–Capital Returns Management, LLC, one of the top 10 beneficial owners of FBL Financial Group, Inc., sent a letter to the Special Committee of the Company’s Board of Directors on Tuesday, December 1, 2020. In the letter, Capital Returns expressed the belief that the take private acquisition proposal put forth by Farm Bureau Property and Casualty Insurance Company, a…

Athene Announces Significant Pension Buyout Agreement With GE

December 15, 2020

PEMBROKE, Bermuda, Dec. 15, 2020/ PRNewswire/– Athene Holding Ltd., a leading retirement services company, announced a significant pension buyout agreement with GE, a global pioneer of technologies that help the world work more efficiently, reliably, and safely. Under the terms of the transaction, Athene’s wholly-owned Iowa- domiciled life insurance subsidiary,…

December 15, 2020

Boston Insurance Brokerage Welcomes Alex Gabriel, Vice President of Healthcare

–Boston Insurance Brokerage LLC is excited to welcome Alex Gabriel to the Healthcare Professional Team. “I am excited to welcome Alex to the Healthcare team at BIB,” said Keith Driscoll, Boston Insurance Brokerage’s CEO. Alex is graduate of George Mason University and will be working to grow business out of Northern Virginia.

December 15, 2020

MPOWER Financing adds Jatin Rajput, global financial services executive and fintech investor, to its Board

Rajput has over two decades of experience driving strategy, M&A, and investments for publicly traded and emerging global firms and is the founder of New York- based Ad-In Ventures, which invests in diverse founders in fintech. Rajput started his career with Arthur Andersen, followed by management consulting with Marakon Associates in London, and served on a…

Colorado Children's Campaign Issues Public Comment on HHS Proposed Rule

December 15, 2020

Erin Miller, vice president for health initiatives at the Colorado Children's Campaign, Denver, has issued a public comment on the Department of Health and Human Services proposed rule entitled “Securing Updated and Necessary Statutory Evaluations Timely”. Thank you for the opportunity to provide comments on the Department of Health and Human Services…

American Property Casualty Insurance Association: Prepare Property and Finances for Winter Storm Gail & Avoid Traveling on Road

December 15, 2020

The American Property Casualty Insurance Association issued the following news release:. The American Property Casualty Insurance Association urges residents to take steps to prepare their property and finances before the major nor'easter arrives. “Winter storms cause more than $1 billion in insured losses each year, but homeowners can reduce their risk…

December 15, 2020

BrokerTech Ventures Announces Expanded Insurance Company Partnerships

–BrokerTech Ventures, founded in 2019 as the first broker-led platform for broker-centric innovation, ideation, investment, and communication, is announcing the addition of four regional and national insurance firms as partners:. CRC Insurance Services, Inc., Birmingham, AL The Hanover Insurance Group, Inc., Worcester, MA Grange Insurance, Columbus, OH…

Arkansas Advocates for Children & Families Issues Public Comment on HHS Proposed Rule

December 15, 2020

Loretta Alexander, health policy director of the Arkansas Advocates for Children and Families, Little Rock, has issued a public comment on the Department of Health and Human Services proposed rule entitled “Securing Updated and Necessary Statutory Evaluations Timely”. The comment was written on Dec. 4, 2020, and posted on Dec. 8, 2020:. Arkansas Advocates for…

December 15, 2020

Shift Technology Delivers Fraud Detection for Elephant Insurance

PARIS and BOSTON, Dec. 15, 2020/ PRNewswire/– Shift Technology, a provider of AI-native fraud detection and claims automation solutions for the global insurance industry, today announced Elephant Insurance selected the company to help improve fraud detection in the P&C insurer’s claims process. Naturally, we want to do our best to reduce fraud, making it…

National Association of Community Health Centers Issues Public Comment on HHS Proposed Rule

December 15, 2020

Tom Van Coverden, president and CEO of the National Association of Community Health Centers, Bethesda, Maryland, has issued a public comment on the Department of Health and Human Services proposed rule entitled “Securing Updated and Necessary Statutory Evaluations Timely”. The comment was written on Dec. 4, 2020, and posted on Dec. 8, 2020:. As such, we appreciate the…

December 15, 2020

Annexus New Venture Aims to Reinvent Retirement Plan Market

–In response to the growing retirement income crisis, today Annexus– the leading designer of retirement income products– announced the launch of Annexus Retirement Solutions. This new venture has focused on reengineering the Target Date Fund structure to enable lifetime income as part of defined contribution plans: a necessary innovation that has eluded…

Centers for Better Insurance Issues Public Comment on Treasury Department Proposed Rule

December 15, 2020

The Centers for Better Insurance LLC, Frederick, Maryland, has issued a public comment on the Department of the Treasury proposed rule entitled “Terrorism Risk Insurance Program: Updated Regulations in Light of the Terrorism Risk Insurance Program Reauthorization Act, and Other Purposes”. The Centers for Better Insurance, LLC is an independent organization…

Horizon moves one step closer to changing NJ's biggest insurer forever

December 15, 2020

TRENTON- A bill that would allow Horizon Blue Cross Blue Shield of New Jersey to change its corporate structure for the first time in 80 years inched ahead on Monday after two legislative committees gave their approvals. On the Senate side, the Commerce Committee voted 3-1 with one abstention to approve the bill. “Doing nothing isn’ t an option,” said Assemblywoman…

December 15, 2020

ACORD Names Top InsurTech Leaders of 2020

–ACORD, the global standards-setting body for the insurance industry, today announced its annual InsurTech Leaders list. This year’s leaders are presented in conjunction with Alchemy Crew, whose co-founder& CEO Sabine VanderLinden has herself been a perennial member of ACORD’s list. “These leaders are driving tangible outcomes and real change in insurance,”…

Today Is Deadline For Enrolling In Individual 2021 Obamacare Plans

December 15, 2020

President Trump campaigned four years ago on repealing the Affordable Care Act and, with GOP support in the Congress, he did succeed in ending the mandate for Americans to buy health insurance. But as Trump prepares to leave the White House next month, the so-called Obamacare program not only remains largely in place; it is gaining enrollment this fall.

National Family Planning & Reproductive Health Association Issues Public Comment on HHS Proposed Rule

December 15, 2020

Clare Coleman, president and CEO of the National Family Planning and Reproductive Health Association, has issued a public comment on the Department of Health and Human Services proposed rule entitled “Securing Updated and Necessary Statutory Evaluations Timely”. The National Family Planning& Reproductive Health Association appreciates the opportunity…

Sens. Murray, Cantwell Push Senate Leadership to Provide Housing Assistance to Communities Impacted by 2020 Wildfires

December 15, 2020

U.S. Senators Patty Murray and Maria Cantwell joined Senator Jeff Merkley and other Western U.S. Senators in pushing Senate leaders to deliver critical housing assistance to Americans struggling to find reliable shelter in the wake of catastrophic wildfire damage in Washington state and across the Western U.S. This year alone, fires in the West burned over…

Safetree brings new approach to develop Talent and entrepreneurship in Insurance Industry

December 15, 2020

As per the September’s report of Centre for Monitoring Indian Economy it is estimated that over 6.6 million white collar professional jobs were lost from May to August 2020 and it has suggested an urgent need to create more jobs. Vikas Anand, Founder and CEO of Safetree, an Insuretech company, says “That even though his company has just started the campaign in a…

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