Medibank issued a statement Thursday revealing cybercriminals had circumvented its security controls and absconded with 200 gigabytes of customer data that may include credit card numbers, home addresses, Medicare account numbers, and the private details of diagnoses and medical procedures. Government investigators are heading up a criminal probe…
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–Abarca, a pharmacy benefit manager transforming the industry with a new approach to technology and business practices, is now serving as the PBM for Vital, a Medicaid program managed by the Puerto Rico Health Insurance Administration. "The Medicaid population of Puerto Rico deserves the best possible healthcare experience," said Jason Borschow, president& CEO…
Another top state health official is departing for a position at Blue Cross Blue Shield of Arizona. A spokesperson for Blue Cross Blue Shield of Arizona confirmed in an email to The Arizona Republic this week that Berg will be joining the nonprofit health insurance company Oct. 31 as chief of staff, Office of Clinical Excellence. Cara Christ left the state health…
Led by Candid Insurance Investors, an angel network of top P&C insurance industry CEO's, this round brings LuckyTruck's total funding to $6.5 m. The modern reality of trucking needs a solution like LuckyTruck "— Parker Beauchamp. Draper University Ventures and SiriusPoint also participated in the round.
-Sun Life Financial Inc. will release its third quarter 2022 financial results on Wednesday, November 2, after markets close. Sun Life has operations in a number of markets worldwide, including Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia and Bermuda.
–In recognition of its Childhood Cancer Program's 10- year anniversary, Northwestern Mutual, through its Foundation, is collaborating with Special Spaces to surprise 10 children across the U.S. affected by childhood cancer with dream bedroom makeovers. Together, Northwestern Mutual and Special Spaces are creating spaces where children can escape from the…
Those are among the key findings from a new survey by the National Association of Mutual Insurance Companies. The national survey of homeowners, conducted by The Risk Institute at The Ohio State University Max M. Fisher College of Business in late August, well before the most recent hurricane, revealed that 78 percent of respondents believe extreme weather is…
–In recent years the amount of U.S. life and annuity reserves ceded to Bermuda- based reinsurers has surged, equaling one third of total cessions in 2021. These and other findings are detailed in ALIRT's recent white paper, U.S. Life Insurers' Bermuda Reinsurance Exposure, in which ALIRT discusses the reasons for this growth, maps out the relative market share of the…
Standard Insurance Company, a leading provider of financial protection products and services for employers and individuals, has entered into a strategic partnership with Noyo. “The Standard is making a significant investment in our group insurance business to transform the way we connect with and provide service to our customers,” says Jill Schlofer, second…
–Aon plc, a leading global professional services firm, today announced the results of its 2022 Executive Risk Survey, " Making Better Decisions in Uncertain Times." The survey clearly shows that leaders who are making better decisions about risks are better prepared to navigate through and succeed during highly volatile times and economic uncertainty.
–Rightway, the healthcare company reinventing care navigation and pharmacy benefits, today announced an expansion to its strategic partnership with Healthy Business Group. This partnership combines the health plans available on the HealthEE by HBG store with Rightway to give everyone access to comprehensive benefits coverage and an effective, modern…
–Smart Communications, a leading technology company focused on helping businesses engage in more meaningful customer conversations and a Premier Guidewire PartnerConnect Solution partner, today announced its platinum sponsorship of Guidewire Connections 2022 which takes place October 23-26, 2022 at the ARIA Resort in Las Vegas, NV..
–Based on its recent analysis of the digitalized roadside driver assistance services market, Frost& Sullivan recognizes Agero with the 2022 North America Product Leadership Award. Agero is a leading provider of roadside assistance, accident management, consumer affairs and connected vehicle technologies for stakeholders across the automotive industry…
NORTHBROOK, Illinois, Oct. 20– Allstate, a property and casualty insurance company, issued the following news release on Oct. 19, 2022:. The Allstate Corporation today announced estimated results for the third quarter of 2022 of a net loss between $675 million and $725 million and adjusted net loss/* estimated between $400 million and $450 million.
–M Split Corp. declares its monthly distribution of $0.03125 per share for Class I Preferred shareholders. Distributions are payable November 10, 2022 to shareholders on record as at October 31, 2022. M Split invests in common shares of Manulife Financial Corporation, the largest life insurer in Canada offering financial products and wealth management…
Pending sales also slumped in the nearby Naples and North Port metro areas. They were down more than 40% in Deltona, Tampa and Orlando. They fell 53% in Naples and 40% in North Port.
Final numbers won't be available for months, but one thing is certain: An overwhelming number of drivers in Hurricane Ian's path will be replacing a vehicle at a time when inventories are already tight. "We're anticipating more than 300,000 destroyed vehicles from Hurricane Ian," says Mark Friedlander, Florida- based director of corporate communications for…
You know, because no one covers a Florida hurricane quite like Good Morning America. Death count: Charlotte County reports 23 deaths after Ian search and rescue efforts. Charlotte County Sheriff Bill Prummell, not to be outdone, held a press conference on Oct. 2 and stated the death toll in his county was already at a staggering 24, far exceeding the count in 2004…
Indiana's hospitals warn of a "fragile" healthcare sector easily damaged by well-meaning but overeager legislation with the release of a recent survey documenting increasing healthcare costs for providers as policymakers prepare for the 2023 legislative session. "There are very important Medicare funding programs that expire at the end of this year. some…
