Sep. 30— Property-and-casualty insurer The Hartford announced Wednesday that its CEO, Christopher Swift, planned to step down from the position next year, and that the company's president, A. Morris "Mo" Tooker, would succeed him. Tooker, 57, is scheduled to start as CEO on the same date, a changeover that will make him the 17th person to hold the top position at one of…
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Angela Chang says the sticker shock never gets easier. But Chang, chief strategy officer at KCAL Insurance, also knows there's only so much left in people's pockets, especially with food and gas prices rising too. Nearly two in three Californians worry about unexpected medical bills, and six in 10 report they or a family member skipped care due to cost, according to…
A car crash can be over in seconds. The National Association of Insurance Commissioners says some states set specific deadlines for insurance claims, while others simply require insurers to pay claims within a "prompt and reasonable" time. To compare how those timelines vary, Temple Injury Law, a personal injury law firm, reviewed claims-settlement provisions…
2026 OCT 01– By a News Reporter-Staff News Editor at Insurance Daily News– Investigators publish new report on Managed Care. According to news originating from New York City, New York, by NewsRx correspondents, research stated,“ Mitral valve transcatheter edge-to-edge repair has reshaped the management of mitral regurgitation in high surgical risk patients.
2026 OCT 01– By a News Reporter-Staff News Editor at Insurance Daily News– A new study on Managed Care is now available. According to news originating from Hanover, New Hampshire, by NewsRx correspondents, research stated,“ In 2024, Medicare introduced principal illness navigation peer support reimbursement codes, creating the first nationwide reimbursement…
Neptune Insurance Holdings, Inc., the largest private flood insurance provider in the United States, today highlighted a new way for consumers to shop for flood insurance: asking their personal Muse agent to do it for them. The emergence of AI agents, like Meta’ s Muse, capable of browsing the web, completing forms, and performing multi-step tasks has the potential…
A quarterly report and an independent audit tell conflicting stories about the Idaho School Benefit Trust's finances, according to public documents shared by the Idaho Department of Insurance last week. Meanwhile, included in those documents, internal board minutes show the trust painted a rosy picture of low rates and stability and unveil that the trust…
It's just one of the provisions that kick in Thursday under the federal "One Big Beautiful Bill Act," including a change to the way states are charged for operation of the Supplemental Nutrition Assistance Program, the food assistance program known as SNAP. That change could end up costing Maryland up to $57 million. The changes under H.R.1 have been phased in…
Inflation didn't rise as much as feared in August, based on the measurement that the Federal Reserve Board prefers, but Virginia economists say a 3.4% increase over a year ago is still "uncomfortably high" as record diesel fuel prices ripple through the economy. "They're probably happy it didn't grow by more, but it's uncomfortably high," said Alice Louise Kassens,…
2026 OCT 01– By a News Reporter-Staff News Editor at CDC& FDA Daily– Investigators discuss new findings in Coronavirus- COVID-19. For more information on this research see: A Quantitative Analysis of Multidimensional Changes In Unemployment Insurance Policies*. Journal of Economic Dynamics& Control, 2026; 191. Journal of Economic Dynamics& Control can be…
RICHMOND- Inflation didn't rise as much as feared in August, based on the measurement that the Federal Reserve Board prefers, but Virginia economists say a 3.4% increase over a year ago is still "uncomfortably high" as record diesel fuel prices ripple through the economy. "They're probably happy it didn't grow by more, but it's uncomfortably high," said Alice Louise…
Dave Min, and Johnny Olszewski, Co-Chairs of the House Sustainable Energy and Environment Coalition Building Resilient Housing Task Force, introduced the Community Disaster Protection Act, which would foster and incentivize the development of new disaster insurance products to help high-risk communities secure affordable coverage and promote…
Because of Republicans' One Big Beautiful Bill Act, over 450,000 New Yorkers lost Essential Plan coverage. WASHINGTON, D.C.- Today, Representative Alexandria Ocasio-Cortez and Senate Democratic Leader Chuck Schumer led the entire New York Democratic delegation in the introduction of the Restoring Essential Plan Coverage Act. Apart from cutting nearly $1…
WASHINGTON, Sept. 29, 2026/ PRNewswire/— U.S. News& World Report, the global authority in rankings and consumer advice, today recognizes the winners of the 2027 Life Insurance Companies Awards. "Selecting life insurance requires clear, reliable data so policyholders can make informed financial decisions," said Rachael Brennan, insurance reporter at U.S. News.
Chubb Perú initiated operations in 1998 as Altas Cumbres; in 2007, it was acquired by ACE Group and named ACE Seguros S.A., until 2016, when ACE Limited acquired The Chubb Corporation and rebranded the company name. As of December 2025, 47% of the company’ s gross written premiums were composed of property/casualty products, with accident and health comprising…
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of Active Capital Reinsurance, Ltd.. Active Re is a Barbados- based reinsurer established in 2007. The company continues to further diversify its geographic footprint in Asia, America, Europe, Africa and the rest in Oceania, and focuses its underwriting efforts on…
The leader of the coalition is the Chinese-American Planning Council, an NGO that has allegedly taken money from banks linked to the Chinese Communist Party. The Community Homecare Consortium is a coalition of Medicaid homecare nonprofits operating in New York City that work to expand their bloated and fraud-plagued industry. The manager of this…
And thank you to the Federal Reserve Bank of Richmond and your partners across the Federal Reserve System for organizing this timely and important conference this year and for the past several years.1 It is a delight and a privilege to be back in North Carolina where I spent the summers and holidays of my childhood. This was significantly before we had AI, Google…
The Insurance Research Council today released a new report, Public Opinions on Attorney Involvement in Auto Insurance Claims: 2026, finding that attorney involvement in auto injury claims is common and often begins within days of an accident. The report is based on a national online survey of more than 2,000 U.S. adults conducted in July 2026 and updates and…
