AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of“ aa-” of American United Life Insurance Company and The State Life Insurance Company. These companies are collectively referred to as the OneAmerica Group.. In addition, AM Best has affirmed the Long-Term ICR of“ a-” and the Long-Term Issue Credit Ratings of OneAmerica…
Newswires
MSI TM today announced it is extending its embedded insurance platform to manufactured home communities, a segment of the housing market where community insurance requirements have historically been hard for operators to track and enforce. There are more than 16 million people 1 living in nearly eight million manufactured homes 2 across the U.S.
The better-than-expected data Wednesday helped Treasury yields pull back a bit, a day after the 10- year Treasury yield touched its highest level since 2002. That in turn helped U.S. stocks to stabilize. The yield on the 10- year Treasury eased to 5.23%.
–Columbus City Schools, the largest school district in the Ohio, reached an agreement with employee unions over health insurance premium increases. Both the public and private sectors are struggling with higher insurance costs in part because of reduced federal subsidies to the Affordable Care Act, according to the non-profit group, Commonwealth Fund.
OKLAHOMA CITY— An interruption from the gallery briefly brought a high-profile homeowners insurance lawsuit hearing to a halt Monday morning before Oklahoma County District Judge Amy Palumbo ordered 11 internal State Farm documents to be stripped of their confidential status. State Farm case, had started reading from a recent deposition on Sept. 28.
Interim meetings covered several issues important to Kentucky families during the week of September 21, including an important change to health insurance coverage for retired teachers who are under age 65 or otherwise not eligible for Medicare. Beginning this year, these retirees will be required to actively enroll in their health insurance rather than…
Gavin Newsom signed landmark legislation into law on Sunday aimed at overhauling how insurance companies handle claims following natural disasters, establishing new consumer protections that double fines on dilatory insurers and mandate faster payouts for survivors. Authored by Senate Insurance Committee Chair Steve Padilla and sponsored by…
The two Democratic candidates vying to become the next California insurance commissioner have differing visions for the role, setting up an intriguing race heading into November. Whoever wins between Ben Allen and Jane Kim will take over one of the California’ s most difficult political jobs: Overseeing an insurance market that is battered by years of…
MISSOULA, Mont.— Bethany Zulick went back to school in January to become a high school English teacher. Years ago, she taught English as a second language overseas and loved it. The health insurance offered through Montana State University was too expensive, Zulick said, almost as much as her tuition.
Franklin Madison today announced the availability of Guaranteed Issue Life Insurance, a new approach to life insurance that removes traditional barriers to coverage through guaranteed acceptance, simplified enrollment, and no waiting periods. Franklin Madison today announced the availability of Guaranteed Issue Life Insurance, a new approach to life…
In Connecticut, about 3,200 nonpregnant adults will lose coverage starting Thursday, Oct. 1, according to the state Department of Social Services. Several states, including Connecticut, have gradually expanded state-funded health coverage for people who meet program requirements but are ineligible for federally funded coverage because of their…
Human Resources Director Michele Thiel presented options for health plans under the North Dakota Public Employees Retirement System. The estimated annual premium cost next year under NDPERS would be approximately $5.3 million, while the estimated cost under Blue Cross Blue Shield— the current plan— would be approximately $6.05 million.
The following information was released by the Federal Reserve Bank of New York:. Remarks at the University at Buffalo, Buffalo, New York As prepared for delivery. Its a pleasure to be back at the University at Buffalo.
OKLAHOMA CITY— Healthcare insurance costs are rising fast and Oklahomans are taking a hit. A recent report shows Oklahoma now has the 3rd highest percentage of uninsured healthcare residents. "The worry is that they're not going to be able to afford to go in if they're a little bit sick," said Dr. Cail.
As part of a move to offset last year's $5.3 million shortfall, the school board's new $21.2 million self-insured employee health insurance policy's preferred provider organization plan includes steeper employee deductions. Through Oct. 5, officials are meeting with employees to outline the Blue Cross Blue Shield plan while fielding questions.
In recent years, the Southern California- based firm filed at least four class-action lawsuits in federal courts that appeared to rely heavily on investigative articles published by ProPublica, STAT News, and other news outlets. Most of the suits came on the heels of negative stories about some of the country's biggest health insurers, including UnitedHealth…
As part of a move to offset last year’ s $5.3 million shortfall, the school board’ s new $21.2 million self-insured employee health insurance policy’ s preferred provider organization plan includes steeper employee deductions. Through Oct. 5, officials are meeting with employees to outline the Blue Cross Blue Shield plan while fielding questions.
Dayton- based health insurer CareSource, along with another health insurer Molina Healthcare of Ohio, will not have plans offered through the Affordable Care Act Marketplace in Ohio in 2027.. This will impact about a combined 54,000 Ohioans who currently get their health insurance from those two insurers through Ohio’ s ACA Marketplace, according to the Ohio…
Dayton- based health insurer CareSource, along with another health insurer Molina Healthcare of Ohio, will not have plans offered through the Affordable Care Act Marketplace in Ohio in 2027.. This will impact about a combined 54,000 Ohioans who currently get their health insurance from those two insurers through Ohio’ s ACA Marketplace, according to the Ohio…