BOSTON More than half of Massachusetts adults who participated in a May survey said they'd experienced some sort of health care cost hardship in the past year and almost three-quarters said they're worried about their ability to afford care in the future. In a brief describing the findings, Altarum said Black/ African American and Hispanic/Latino residents,…
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–Aon plc, a leading global professional services firm, today announced the results of its recent survey, " A New Approach to Volatility: The Importance of Making Better Decisions." More than 18 months since the global outbreak of the COVID-19 pandemic, Aon surveyed 800 C-suite leaders and senior executives in the U.S., the EU, the UK and Canada to reveal how…
The Travelers Companies, Inc. today announced the results of the 2021 Travelers Risk Index, which found that cyber threats are the top business concern. The results follow a recent meeting at the White House where Alan Schnitzer, Chairman and Chief Executive Officer of Travelers, joined President Biden and members of his Cabinet and national security team, as…
Bill Cassidy, R- Louisiana, issued the following news release:. Congress never passed a bill requiring that FEMA implement Risk Rating 2.0. It was a decision made by FEMA which gives President Biden and his administration the ability to stop it from going into effect without action from Congress.
U.S. Senator Kevin Cramer led the North Dakota and South Dakota congressional delegations in sending a letter to the U.S. Department of Agriculture's Risk Management Agency Acting Administrator Richard Flournoy urging him to improve the sunflower crop insurance system by allowing enterprise units to be insured by type. North Dakota and South Dakota are…
U.S. Senators Marco Rubio, Cindy Hyde-Smith, Bill Cassidy, and John Cornyn introduced the NFIP Risk Rating 2.0 Delay Act of 2021. Last week, Rubio joined colleagues in a letter urging FEMA to delay Risk Rating 2.0. "With 80 percent of Floridians and American policyholders projected to see increases in their flood insurance premiums, FEMA needs to be more…
–Homeowners of America, a property and casualty insurance provider and subsidiary of Porch Group, Inc., announced the launch of service in Utah.. "We're continuing the execution of our national expansion plan with the introduction of the HOA insurance offerings to Utah," said Matt Ehrlichman, Porch founder, chairman, and CEO. Seattle- based Porch Group, the vertical…
PEMBROKE, Bermuda, Sept. 29, 2021/ PRNewswire/– Somerset Reinsurance Ltd., a leading global life and annuity reinsurer, today announced that ceding companies ranked Somerset #1 in the Business Capability Index, as measured by NMG Consulting's 2021 US Structured Financial Solutions study in the Portfolio Transfer Segment. The NMG Study's BCI scores measure…
–Roost, the global leader in Property Telematics for property insurance carriers, announced today the launch of their Security360 service. Available as a white-labeled offering, insurance carriers can now easily bundle home insurance with a branded telematics solution to deliver complete property protection to their policyholders..
Janet Yellen: Treasury Running Out Of ‘Extraordinary Measures’
Treasury Secretary Janet Yellen told Congress on Tuesday it faces a hard deadline of Oct. 18 to lift the debt limit and avoid default as Democrats and Republicans bicker about spending on Capitol Hill.
WASHINGTON, Sept. 29– America's Health Insurance Plans issued the following news release:. But as part of their continuing budget negotiations, it has been reported that Congress may be considering changes to MA payment formulas that could either raise premiums and/or and significantly reduce benefits for seniors and people with disabilities who depend on…
The New York Chapter of the Public Relations Society of America last night announced Joe Cohen, Chief Marketing and Communications Officer at AXIS as the winner of the Harold Burson Award, sponsored by BCW at the 2021 Big Apple Awards gala at the Edison Ballroom. PRSA-NY/2021 Harold Burson Award Sponsored by BCW. He is responsible for guiding brand reputation,…
Insurance Companies in Nigeria and Africa have acquired capacity to underwrite agribusiness towards the support for food security in the continent following a partnership deal between Africa Reinsurance Corporation and IFC, a member of World Bank Group, DMD/COO Africa Re, Ken Aghoghovbia has said. GIIF is supported by the European Commission, the African,…
CHICAGO, IL, USA, September 29, 2021/ EINPresswire.com/– Law enforcement officers in Illinois have been faced with many challenges– protests, public scrutiny, attacks from the media and new anti-public safety legislation. Right now, police officers in Illinois need support, advocacy and funding to help turn the tide against the Defund the Police/anti law…
–In 2019, Aureus Tech Systems realized that the solutions and products they've built— and were building— would be extremely valuable within the insurance sector. Because of these adjacencies, Aureus decided to enter the insurance space. One of the first things Aureus saw was a glaring issue: most insurance companies had a combined ratio of around 100%.
Insurance firm, GA insurance, has unveiled a new medical cover for senior citizens up to 80 years. Its Managing Director, Francis Kamau said, the health policy dubbed Graysure will help ease pressure for persons attaining 50 years or on retirement and remains renewable up to the age of 80.. "This is an inpatient medical insurance product that covers the principal…
Having completed its Series A fundraise earlier this year, led by Eos Venture Partners, Ticker is increasing its capacity to support the launch of new offerings, with products for low mileage drivers, convicted drivers and electric vehicles. Richard King, founder and CEO of Ticker, said:“ We are delighted to be partnering with Abacai as we launch new products,…
The American Medical Association published the newest annual edition of Competition in Health Insurance: A Comprehensive Study of U.S. Markets with findings demonstrating the rise of highly concentrated markets for health insurance. For the first time, the study also presents national-level market shares for the 10 largest health insurers in the U.S. The…
Pittston-based Joyce Insurance Group, the current broker, receives $50,000 annually and had submitted the lowest proposal of $47,500 per year to keep the work in 2022 and 2023.. Six council members voted to accept the committee’ s recommendation of USI: Linda McClosky Houck, Chris Perry, Robert Schnee, Walter Griffith, Harry Haas and Stephen J. Urban.
