Colorado residents owe about $1 billion in medical debt. As more people nationally are expected to lose their health insurance following planned cuts and changes to Medicaid in January 2027, the Colorado School of Public Health is starting work on a study to analyze how the state could set up a single-payer health insurance program that would be run at the…
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For the fourth quarter ended December 31, 2025, iA Financial Group recorded core diluted earnings per common share†† of $3.10, which is 2% higher than the same period in 2024. The solvency ratio 5 was 133% 6 at December 31, 2025, highlighting a robust capital position. “Our strong and profitable growth across all business segments in the fourth quarter— including…
—LOS ANGELES— Mercury General Corp. on Tuesday reported net income of $202.5 million in its fourth quarter. On a per-share basis, the Los Angeles- based company said it had net income of $3.66. For the year, the company reported profit of $541.1 million, or $9.77 per share.
The Board of Directors of Safety Insurance Group, Inc. today approved a $0.92 per share quarterly cash dividend on its issued and outstanding common stock payable on March 13, 2026 to shareholders of record at the close of business on March 2, 2026. About Safety: Safety Insurance Group, Inc. is the parent of Safety Insurance Company, Safety Indemnity Insurance…
Veteran and small business owner Ron "Doc" Long says "veterans have paid enough" when he learned of the potential impacts of SB 2040.. Long was surprised, like many veterans, to learn that a proposed new law in Tennessee would impact the mail-order supplier for TRICARE, the Department of Defense's health insurance for active-duty service members, veterans and…
FINEOS Corporation, the global market leader in core systems for life, accident, and health insurance, today announced that National Life Group has chosen the FINEOS AdminSuite to modernize and automate its Living Benefit and Life Insurance claims operations. “As National Life Group continues to grow with purpose, we underwent an exhaustive search for a…
But the drugs are expensive– a 30- day supply of Ozempic is about $1,000 without manufacturer rebates– and are now among the largest pharmaceutical expenditures for those covered by the state's Group Health Insurance Plan.The State Employee Benefits Committee, a board responsible for managing Delaware's state employee health insurance plans, met on…
SPRINGFIELD— Illinois lawmakers are poised to make a second attempt at passing a bill that would give state regulators more authority to control the rising cost of homeowners insurance. JB Pritzker called for the legislation last summer after Bloomington- based State Farm Insurance announced it was raising premiums in Illinois an average 27.2%, citing…
Department of Financial Services Acting Superintendent Kaitlin Asrow today announced that House of Prayer and Life, Inc. d/b/a Jericho Share or Jericho Health Share will pay a $250,000 penalty to New York State and more than $35,000 to policyholders for operating as an unlicensed insurance business. An investigation determined Jericho operated an…
Loews Corporation (NYSE: L) has caught the attention of the investment community today with its bullish price action. The company’s shares have moved 1.25% on the day to $110.14. Loews Corporation provides commercial property and casualty insurance in the United States and internationally. The company offers specialty insurance products, such as management and professional liability, […]
Securian Financial today announced that Kent Peterson has been promoted to senior vice president for Institutional Retirement Solutions. Kent Peterson, Securian Financial senior vice president for Institutional Retirement Solutions. Peterson joined Securian Financial in 1990 as an actuary and has built a career focused on retirement plan product…
Lincoln Financial today announced the launch of Lincoln WealthProtector℠ Indexed Universal Life, a new protection‑ focused indexed universal life insurance product designed to help clients safeguard their families and build long‑ term financial security. Lincoln WealthProtector℠ IUL, issued by The Lincoln National Life Insurance Company, is the newest…
OnMed, the leader in tech-enabled hybrid healthcare, is significantly expanding its footprint in Puerto Rico with the deployment of 10 OnMed CareStations™ across the island by the end of 2026 in partnership with Triple-S. Since launching its first CareStation in Puerto Rico in November 2025 at Plaza Las Américas— in collaboration with Triple-S, Puerto Rico’ s…
“Our ambition is to be America’ s most trusted health care company,” said David Joyner, President and CEO of CVS Health.“ We are partnering with the Administration and Congress to deliver common-sense solutions that make health care more affordable and improve outcomes for the people we serve. Part of CVS Health, Aetna ® continues to make good on significant…
The office of the U.S. Attorney for the District of Puerto Rico posted the following news release:. On February 12, 2026, United States District Court Judge Maria Antongiorgi Jordan sentenced Melvin E. Rivera-Oliveras to 57 months in prison and five years of supervised release, and restitution for his role in a bank fraud scheme involving fraudulent point of…
McLaren Health Care and its McLaren Heart& Vascular Institute have launched a first-of-its-kind cardiovascular screening program in Michigan to strengthen and expand its ability to identify patients’ risk for heart disease earlier and connect them with timely, appropriate care. Launched in partnership with Bunkerhill Health and its AI-powered…
About 23 million Americans enrolled in Affordable Care Act health insurance plans for this year after premium subsidies were dramatically cut— but it remains to be seen whether they'll keep the coverage as their costs mount. "If you raise the price of something a whole lot, economics tell us that a lot of people will buy less of it or not buy at all," said Katherine…
Rate hikes on homeowners insurance appear to be easing in Mississippi, particularly along the Coast, where premiums have grown to rival house payments for some residents. “It’ s getting better,” said Andy Case, director of property and casualty rating for the Mississippi Insurance Department. The wind pool, insurer of last resort for six South Mississippi…
Kim Reynolds to submit a waiver to the Centers for Medicare and Medicaid Services as the first step to establish statebased health insurance in Iowa. "If Congress is unable to fix the Affordable Care Act, Iowa must explore opportunities to reduce costs at the state level," Severn said during a meeting subcommittee Thursday morning. Austin Baeth of Des Moines…
