Sonja Bjork remains upbeat even though overseeing a health plan that administers Medi-Cal benefits to nearly 900,000 people in Northern California is getting increasingly difficult. Medi-Cal is California's version of the program that provides health insurance to low-income individuals and families. Medi-Cal is financed equally by the state and…
Newswires
After Congress failed to extend deeper subsidies for Americans' health insurance, an estimated 30,000 more Idahoans who had insurance are likely to be uninsured this year. The report highlights how Idaho's health insurance market has changed this year— as consumers face premium hikes from insurance companies and Congress's decision to let enhanced…
About 21,000 fewer people enrolled in health insurance plans through the Oregon Health Insurance Marketplace compared with a year ago, according to a new report. The Oregon Health Insurance Marketplace offers financial assistance and coverage guidance for those who don't receive health insurance through their employer, Medicare, the Oregon Health Plan…
Radian Group Inc. today announced that it will host an Investor Day on Thursday, June 4, 2026, beginning at 9 a.m. Eastern time in Midtown Manhattan, New York City. During the event, Radian’ s executive leadership team will discuss the company’ s long-term strategy for value creation as a global multi-line specialty insurer, outlining how its strong financial…
Unum Group today reported net income of $232.0 million for the first quarter of 2026, compared to net income of $189.1 million for the first quarter of 2025.. Included in net income for the first quarter of 2026 is a net after-tax investment loss on the Company’ s investment portfolio of $4.0 million and the Closed Block segment after-tax adjusted operating…
Porch Group, Inc., a new kind of homeowners insurance company, today reported first quarter results through March 31, 2026, that exceeded our expectations. Porch generated for shareholders 1 first quarter 2026 revenue of $109.4 million. Net loss attributable to Porch was$ million, and Adjusted EBITDA was $19.7 million.“ Porch Shareholder Interest” includes the…
The following information was released by the U.S. House of Representatives Committee on Financial Services:. The hearing focuses on ensuring capital rules are appropriately tailored, support lending and economic growth, and keep U.S. financial institutions competitive globally. "In March, the OCC, FDIC, and Federal Reserve released revised Basel III…
The bills– House Bills 5886 through 5889– are co-sponsored by both Republicans and Democrats, including Rep. Under current law, Michigan drivers must carry at least $250,000 in personal injury protection coverage, the highest minimum in the country. In addition, one of the bills would reduce the state’ s required bodily injury liability coverage from $50,000/…
Lebanon County horse farmer Clovis Crane is seeking to unseat incumbent Republican Sen. The district includes northern and western Berks County as well as parts of northern Lancaster County and all of Lebanon County. He owns Hoaster Gebhard& Company, an insurance and risk management firm in Lebanon.
Origami Risk, the industry-leading risk, safety and insurance Software as a Service technology firm, today announced Gramercy Risk Management has selected its cloud-native SaaS P&C platform to support its continued growth and expansion. Origami Risk was selected by Gramercy Risk following a comprehensive evaluation process that assessed functional…
The following information was released by the America's Health Insurance Plans:. As the House Ways and Means Committee convenes a hearing to examine the central role of hospital systems in the health care affordability crisis, health plans and other stakeholders continue to support common-sense policy solutions to rein in hospital systems'…
The following information was released by Samford University:. Samford University's Brock School of Business was well represented at the fifth annual Student Research Colloquia on Friday, April 24. Using data from the U.S. Census, Small Business Administration, Bureau of Labor Statistics and the Federal Reserve, Reyes employed a fixed-effects regression…
Marsh Risk, a business of Marsh and the world’ s leading insurance broker and risk advisor, today announced the launch of Risk Companion, the next iteration of its digital solutions suite designed to help clients more effectively and efficiently manage their unique risks. “As risks have become more complex, interconnected, and volatile, clients around the world…
Counterpart, the specialty insurance company built for the AI era, today announced the close of its $50 M Series C financing round led by Valor Equity Partners, with continued participation from existing investor Vy Capital. The round brings Counterpart’s total funding to $106 million. The U.S. Equal Employment Opportunity Commission fielded nearly 270,000…
MONTPELIER, Vt.—- National Life Group recently announced the appointment of Matt Frazee as Chief Financial Officer of the organization. Matt Frazee, Chief Financial Officer of National Life Group. Frazee joined National Life Group in 2011 as Vice President and Controller.
"Using fake documents, bogus corporations, wigs, and makeup, Davis and Evins convinced lenders they were NFL players, obtained millions of dollars in fraudulent loans, and used the proceeds of their crimes to purchase real estate and luxury items," said U.S. Attorney Theodore S. Hertzberg. "Davis and Evins built an elaborate scheme on deceptionimpersonating…
Protective Life Corporation, a U.S. subsidiary of Daiichi Life Group, Inc., announced today that its principal subsidiary, Protective Life Insurance Company, has entered into an agreement with Genstar Capital, a leading private equity firm focused on investments in targeted segments of the financial services, software, industrials and healthcare…
InspereX, the tech-driven distributor of fixed income, structured products, exchange-traded funds, and alternative investments, today announced a strategic expansion into the annuity marketplace through a new partnership with AuguStar ® Retirement, a Constellation company. “We’ re thrilled to partner with AuguStar to bring new solutions to financial…
State Farm, a bad faith insurance case that has come to represent upwards of 1,000 similar cases involving hail damage to Oklahoma roofs. As Oklahoma's sitting justices weighed arguments and posed questions to attorneys about whether Drummond should be permitted to exercise heightened subpoena powers to access critical State Farm documents, one of the…
