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Arkansas lawmakers debate dispensing fees for pharmacy benefit managers

December 17, 2024

Arkansas lawmakers spent five hours Monday debating whether to permanently require pharmacy benefit managers to include dispensing fees in their reimbursements to pharmacies for prescription drugs. The Joint Insurance and Commerce Committee questioned Arkansas Insurance Department staff and heard public comment from 11 people for and against the…

Everest Appoints Craig Hanrahan to Lead its North America Insurance Field Operations

December 17, 2024

WARREN, New Jersey- December 17, 2024- Everest today announced the appointment of Craig Hanrahan to lead its North America Insurance field operations, overseeing the four United States retail regions: Northeast, South, Central, and West. "Craig is a trusted and collaborative industry leader whose strategic vision, strong relationships, and results-driven…

AM Best Revises Outlooks to Positive for Conduit Reinsurance Limited

December 17, 2024

AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of Conduit Reinsurance Limited. Conduit Re has experienced a favourable reception since its launch in December 2020, and in its fourth year of operation AM Best expects the company to write reinsurance service…

Vanderbilt Poll: Tennesseans support Medicare expansion, gun reform, reproductive healthcare

December 17, 2024

Registered voters in Tennessee voiced overwhelming support for Medicaid expansion, including 55% of MAGA Republicans, and, further, they believe health insurers and pharmaceutical companies are largely responsible for high healthcare costs. "While much ink has been spilled about what the election results mean about the electorate, these results suggest…

California’s plan to stabilize its home insurance market is now law. Will it work?

December 17, 2024

California's plan to stabilize its faltering home insurance market is now law, meaning homeowners in fire-prone areas and beyond may soon have an easier time finding coverage. "Giving people more choices to protect themselves is how we will solve California's insurance crisis," Lara said in a statement. But last week, Farmers Insurance, the state's…

Sun Life Appoints Benjamin Deng as President, Asia Asset Management

December 17, 2024

Benjamin Deng will lead Sun Life's asset management capabilities across Asia, strengthening the company's investment management strategy to deliver strong performance for clients.. HONG KONG– Sun Life today announced the appointment of Benjamin Deng as President, Asia Asset Management, effective January 1. In this newly created role, Benjamin will lead Sun…

Insurity Highlights How Severe Weather in 2024 Drives Consumer Concerns, Shifts in Insurance Behavior, and Prepares Industry for 2025

December 17, 2024

Insurity, a leading provider of cloud-based software for insurance carriers, brokers, and MGAs, today shared a comprehensive recap of its 2024 Severe Weather P&C Consumer Pulse survey, offering an in-depth analysis of severe weather trends, their impact on consumers, and the resulting implications for the insurance industry. The survey highlights a year…

Gold Analysis: Continued Upward Trend Possible – 17 December 2024

December 17, 2024

–Gold prices started the week relatively stable, trading between $2,644 and $2,664 per ounce.– Today, the price is expected to open around $2,651 per ounce on.– According to gold trading platforms, the gold price index remains relatively firm due to expectations that the US Federal Reserve may pause further interest rate cuts in 2025 due to the resilience of the US…

Federal Reserve is likely to slow its rate cuts with inflation pressures still persistent

December 17, 2024

WASHINGTON- Americans hoping for lower borrowing costs for homes, credit cards and cars may be disappointed after this week's Federal Reserve meeting. The Fed's policymakers are likely to signal fewer interest rate cuts next year than were previously expected. "We're on the cusp of a transition to them not cutting every meeting," said David Wilcox, a former…

Merger Investor Presentation (December 17, 2024) Merger Investor Presentation PWB Investor Presentation – Creating Success by Delivering Solutions (November 2024) Investor Presentation

December 17, 2024

Acquisition of Penns Woods Bancorp, Inc.. Forward-looking Statements and Additional Information. In connection therewith, NWBI intends to file relevant materials with the U.S. Securities and Exchange Commission, including a Registration Statement on Form S-4, which will include the proxy statement of PWOD that also will constitute a prospectus of NWBI, as…

CT woman charged with DUI after police find her in crashed vehicle missing tire

December 17, 2024

Alysah M. Rodriguez, 25, of West Hartford was charged with operating under suspension, operating without minimum insurance, failure to drive in the proper lane, possession of a controlled substance and operating under the influence, according to the South Windsor Police Department. Police arrested Rodriguez at 2:14 a.m. after an officer found a vehicle that…

9 states, including Virginia, poised to end coverage for millions if Trump cuts Medicaid funding

December 17, 2024

With Donald Trump's return to the White House and Republicans taking full control of Congress in 2025, the Affordable Care Act's Medicaid expansion is back on the chopping block. More than 3 million adults in nine states would be at immediate risk of losing their health coverage should the GOP reduce the extra federal Medicaid funding that's enabled states…

Ask the Medicare Specialist

December 17, 2024

Zolbrod, I'm not currently a client of the Health Insurance Store. Due to testing back logs, I'm told that the more detailed tests I will need prior to my A-Fib treatments can't be done until early February 2025. Answer: Anyone who currently has an Advantage Plan, and can pass medical underwriting, can still make a change back to Original Medicare and a Supplement…

Comment: Anger, discord over health care a chronic condition

December 17, 2024

By Evan Ramstad/ Minnesota Star Tribune. Another wave of criticism rose against Minnetonka, Minn.- based UnitedHealthcare, the nation's largest health insurer, and the broader insurance industry following the arrest on Monday of Luigi Mangione. The 26- year-old scion of a wealthy Maryland family was charged with murder for shooting Thompson last Wednesday…

Dixon County flood insurance rate map updated

December 17, 2024

DIXON COUNTY, Neb.– Dixon County property owners have 90 days to provide additional information before an update to the county's Flood Insurance Rate Map is completed. "During the past couple of years, the Nebraska Department of Natural Resources has been working closely with community officials throughout the county to make sure we have the most accurate…

5 of the most frustrating health insurer tactics and why they exist

December 17, 2024

Many patients face significant upfront costs to getting health care. Peter Dazeley/The Image Bank via Getty Imagesw. The U.S. has made great progress in getting more people insured since the Affordable Care Act took effect in 2014.

Predatory Heath "Insurers"

December 17, 2024

Once political assassination is normalized all officeholders and candidates both Republicans and Democrats are at risk and democracy cannot function. Nor should Democrats make light of the attempted assassination of Donald Trump, even though Trump joked about the life-threatening hammer attack on Nancy Pelosi's husband. The recent assassination of…

Anger explodes at healthcare CEOs

December 17, 2024

Because the United States still doesn't have a national health care system that guarantees everyone adequate medical attention. On December 4, a gunman murdered Brian Thompson, UnitedHealthcare's 50- year-old CEO. And Andrew Witty, CEO of the overall UnitedHealth operation, collected $23.5 million, making him the nation's highest-paid health insurance CEO.

Half Year Report to 31 October 2024

December 17, 2024

The Global Smaller Companies Trust PLC. Half Year Report for the six months ended 31 October 2024. The Global Smaller Companies Trust PLC.

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