AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of“ aa-” of Midland National Life Insurance Company and North American Company for Life and Health Insurance. In addition, AM Best has affirmed the Long-Term ICR of“ a-” and the Long-Term Issue Credit Ratings of Sammons Financial Group, Inc.. Sammons Financial Group, Inc….
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A Vanderbilt University employee is suing the school for alleged discrimination after the university denied insurance coverage for gender-affirming procedures. Hannah Housden, a transgender woman and faculty member in Vanderbilt's college of arts and sciences, filed the lawsuit in federal court Sept. 1. According to the lawsuit, insurance provider Aetna…
Representatives Zach Nunn and Brittany Petterson today introduced the Consumer-Led Enhancement of Annuity and Insurance Registration Forms Act, bipartisan legislation requiring the Securities and Exchange Commission to create clear, tailored registration forms for certain life insurance and annuity products. "Planning for retirement is hard…
In response to spiking car insurance costs in Nevada, this common-sense legislation would require the Federal Insurance Office to submit an annual report to Congress with legislative recommendations to lower the cost of car insurance. "Owning a car in southern Nevada is simply too expensive. Recently, Congresswoman Leehosted a conversation withthe Nevada…
ATLANTA— A Stone Mountain rapper will spend six years in federal prison after pleading guilty to charges involving the theft of thousands of checks from the mail. Shamarri Tache Brooks, 34, pleaded guilty in May to bank fraud and aggravated identity theft, according to his record in the U.S. District Court for the Northern District of Georgia.
The following information was released by the office of the Governor of Rhode Island:. A new September 2026 report from the Office of the Health Insurance Commissioner highlights that Rhode Island has made significant progress strengthening Medicaid reimbursement for primary care. Following the state's increase of Medicaid primary care reimbursement…
Michigan Attorney General Dana Nessel joined a coalition of 22 states in challenging the Trump administration's attempt to prohibit states from using federal Medicaid funds for transgender care for low-income minors and some young adults. In their lawsuit, the coalition argues that since the creation of the Medicaid and Children's Health Insurance…
Auto insurance fraud, like staged vehicle accidents, costs consumers an estimated $300 a year in increased premiums. Today, Congresswoman Laura Gillen alongside U.S Representatives Troy Nehls, Josh Gottheimer and Vince Fong introduced the bipartisan Stop Auto Fraud Act of 2026 to make motor vehicle collision fraud a federal crime, improve safety for…
Today, Congresswoman Janelle Bynum and Congressman Maxwell Alejandro Frost introduced the Launching with Healthcare Act to allow young adults to remain on a parent's health insurance plan through age 30. Just last year, Republicans cut roughly $1 billion in federal healthcare spending in their One Big Ugly Bill, which Rep. Bynum voted against.
AM Best has revised the outlook to negative from stable for the Long-Term Issuer Credit Rating and affirmed the Financial Strength Rating of B++ and the Long-Term ICR of“ bbb+” of Frank Winston Crum Insurance Company. The outlook of the FSR is stable. Recent adverse reserve development has been driven primarily by legacy general liability exposures, including…
–Louisiana is ending its Medicaid managed care partnership with Healthy Blue, a change that will force more than 290,000 people to move to another health plan by the beginning of next year. The Louisiana Department of Health announced Tuesday its contract with Healthy Blue will end Dec. 31. The plan has served Louisiana Medicaid members since 2012 and has…
The state Legislature in 2023 passed a law requiring the Oregon Health Authority to create its own online exchange by November 2026, and Explore Health earlier this month received federal approval. Health Authority officials framed the transition in a recent news release as a move that gives the agency "greater flexibility to respond to the needs of Oregon…
AM Best has assigned the Financial Strength Rating of B- and the Long-Term Issuer Credit Rating of“ bb-” to Mainstream Reinsurance Limited Company. The outlook assigned to these Credit Ratings is stable. In addition, Mainstream Re is exposed to high levels of economic, political and financial system risks in Ghana, where the company is domiciled and all its…
LAS VEGAS, Sept. 3, 2026/ PRNewswire-PRWeb/– SBOA Tenant Insurance, named Best Tenant Insurance provider in the Inside Self-Storage Best of Business Awards for 14 consecutive years, today reported that insured facilities equipped with StorageDefender Smart Units recorded materially lower theft losses than comparable facilities without it.
Individual health insurance plans— sold on and off the state health insurance marketplace— will see an average rate increase of 24.4% in 2027, following approval Monday from New Mexico Office of the Superintendent of Insurance. “Rising health care costs and inflation are continuing to affect consumers nationwide and New Mexico is no different, "…
On this year's list of "worthwhile things to do in 2026," I have "Do something positive to help keep Claxton-Hepburn Medical Center open for business." And, since I enjoy writing "letters to the editors" of our local newspapers, including The Advance-News, I am surely able to do that. I recently received an "Explanation of Benefits" letter from my health insurance…
A local jury on Monday convicted a man of arson and automobile insurance fraud, the Kern County District Attorney's Office reported. It said Daniel Montes, who had two prior strike convictions, was on probation when he drove a Jeep Gladiator from the Hard Rock Casino Tejon to a rural area outside of McFarland where he removed the rims and set the vehicle alight.
Photo provided by Lohr Family Dentistry. Dental insurance often complicates care instead of simplifying it. Networks limit which dentist Sioux City families can actually see.
Shares of Genworth Financial, Inc. (NYSE: GNW) traded at a new 52-week high today and are currently trading at $10.62. So far today, approximately 388.6k shares have been exchanged, as compared to an average 30-day volume of 2.64M shares. Genworth Financial, Inc., together with its subsidiaries, provides mortgage and long-term care insurance products in the […]
