AM Best has assigned a Financial Strength Rating of A- and a Long-Term Issuer Credit Rating of“ a-” to JMalucelli Travelers Seguros SA. The balance sheet strength assessment considers JMT’ s solid reinsurance program with Liberty Mutual, as well as a conservative investment philosophy. The company’ s risk management frameworks and capabilities are considered…
Newswires
“The nation’ s brokers shared their unrivalled insight to determine the leading claims providers,” said Chris Sweeney, Managing Editor for Special Reports at Insurance Business America.“ AmTrust Financial was recognized for its responsiveness, communication and ability to be there when clients need them the most. This award is testament to the…
—Aflac said Friday that it experienced a cybersecurity incident last week that may have impacted files containing social security numbers, health information and other personal information. The insurance company first detected suspicious activity on its network last Thursday and "promptly initiated our cyber incident response protocols and stopped…
The United States Attorney's Office for Nebraska charged Jesse Hill, 35, on Monday. U.S. Attorney Lesley Woods said Hill also has agreed to pay restitution and forfeit any interest in a property in Puerto Rico, a PC-12/47E Pilatus Aircraft and funds in a Charles Schwab account. PRISON BID: The Nebraska Department of Correctional Services has chosen Lincoln-…
Whenever personal data is leaked on the Internet, it is not only a violation of your privacy: it is an open door to financial fraud and serious economic damage. The worst thing is that cybercriminals know how to take advantage of this information to empty your accounts, take over your profiles and make you a victim without you realizing it, warned the Director of…
The 53- year-old woman was sentenced to 15 years in prison for aggravated extortion and is currently incarcerated in the Santa Martha Acatitla women’s prison. In an interview with El Heraldo de México, Mireya, a craftswoman, said that she was deceived by her ex-son-in-law and is now seeking to regain her freedom. Federal public defender Jorge Andrei…
Credit union members are more likely than non-credit union members to have ancillary insurance protections— roadside assistance, vehicle and property protection, extended warranties, etc.— for their high-value purchases, according to a new study. Securian Financial, a provider of insurance and other protection products to credit unions, surveyed just over…
The AHIP health insurance industry trade association explained in a press release that dozens of large insurers such as Blue Cross Blue Shield, Humana, Cigna and UnitedHealthCare have voluntarily agreed to "streamline, simplify and reduce prior authorization," a move intended to better connect patients to necessary care while cutting down on the clerical…
Over the past decade, health insurance companies have increasingly embraced the use of artificial intelligence algorithms. Unlike doctors and hospitals, which use AI to help diagnose and treat patients, health insurers use these algorithms to decide whether to pay for health care treatments and services that are recommended by a given patient's…
DEERFIELD BEACH, Fla., June 23, 2025/ PRNewswire-PRWeb/– CrowdCare, a groundbreaking new healthcare platform, is officially live and reshaping how Americans navigate and pay for medical care. Built on a model of community-based crowdfunding and direct-pay advocacy, CrowdCare eliminates the barriers of traditional health insurance, offering members a…
EK Health Services, a leading managed care organization in the workers' compensation industry, proudly announces the appointment of Greg Moore as its new Chief Executive Officer. With this leadership transition, EK Health reaffirms its unwavering commitment to delivering compassionate care, simplifying complex challenges, and achieving meaningful…
Indigo, the AI-driven medical professional liability platform, today announced the launch of its cutting-edge Broker Portal, setting a new standard for how medical malpractice insurance brokers manage and grow their books of business. Built with modern design principles and real-time functionality, the portal empowers Indigo’ s distribution partners to…
Josh Hawley and I finally have found common ground! The House bill would slash about $625 billion over the next decade from the program which covers more than 71 million Americans. However, in rural states like Iowa and Missouri, that percent is even higher.
CCC Intelligent Solutions Inc., a leading cloud platform provider powering the P&C insurance economy, today announced the launch of CCC ® Pay Workflow, the industry’ s first employee-facing pay management tool designed to ease payday discussions between collision repair technicians and payroll managers. CCC Pay Workflow reduces administrative burdens…
UnitedHealthcare, CVS Health's Aetna and dozens of other insurers say they plan to reduce the scope of health care claims subject to prior authorization, standardize parts of the process and expand responses done in real time. But doctors say the practice has grown in scope and complication, leading to frequent care delays. The fatal shooting of…
Plans by Senate Republicans to scale back a Medicaid provider tax that states like Iowa use to fund their Medicaid program could deal a greater financial blow to rural hospitals, state and national hospital groups warn. The massive tax-and-spending reconciliation bill making its way through the U.S. Senate includes provisions that "further undermine the…
The debate in Washington over reducing spending on Medicaid should not be framed solely as a fight over cuts. America needs to rein in the cost of Medicaid and the Children's Health Insurance Program without compromising the safety net for those who are in need. From 2019 to 2024, federal spending on these programs surged 53%, from $409 billion to $626 billion.
JOHNSTOWN, Pa.– The sweeping federal budget reconciliation bill known as the One Big Beautiful Bill Act could lead to massive Medicaid cuts, increasing struggles for all hospital patients across Pennsylvania, hospital advocates say. The bill has passed the U.S. House of Representatives and is awaiting a vote by the Senate. Both congressional chambers, where…
The debate in Washington over reducing spending on Medicaid should not be framed solely as a fight over cuts. America needs to rein in the cost of Medicaid and the Children's Health Insurance Program without compromising the safety net for those who are in need. From 2019 to 2024, federal spending on these programs surged 53%, from $409 billion to $626 billion.
