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Right to Bear Insurance Vehemently Opposes San Jose Legal Mandate on Gun Owners

January 27, 2022

"On behalf of our company's ownership and our entire team, Right to Bear Insurance vehemently opposes San Jose's mandate on gun owners. We view this as an attack on our Second Amendment right and we stand ready to do all we can to ensure its ultimate defeat before it takes effect in August, "stated Frank Cannon, President of Right to Bear Insurance.

Pango Group Taps Paul Miskovich to Lead its Global Cyber Insurance Solutions Business

January 27, 2022

Pango, an Aura company, is a world-class provider of consumer-focused cyber security services including post-breach identity monitoring, remediation and restoration. Paul Miskovich joins Pango Group as its Head of Global Cyber Solutions. Prior to joining Pango Group, Mr. Miskovich has held insurance leadership roles as Chief Underwriting Officer at…

BIOSTAGE, INC. FILES (8-K) Disclosing Other Events, Financial Statements and Exhibits

January 27, 2022

On January 25, 2022, Biostage, Inc. issued a press release announcing that the Court hearing the Company's dispute with its product liability insurance carrier as to the defense of a wrongful death complaint that was filed against the Company and other defendants in 2017. On January 25, 2022, the Company also issued a press release announcing that it will be…

Nationwide is the First Insurer to Activate a Digital-First Experience for Field Appraisers with CCC® Mobile Appraiser Pro

January 27, 2022

CCC Intelligent Solutions, a leading SaaS platform for the P&C insurance economy, announces today the availability of CCC ® Mobile Appraiser Pro, a native app for appraisers designed to accelerate the claims process by driving efficiency and consistency into field inspections. “At Nationwide, it is our strategy to provide customer centered solutions that…

Biden says 14.5M get health care under Obama law, with help

January 27, 2022

—President Joe Biden said Thursday that 14.5 million Americans got private health insurance for this year under the Obama-era health law, thanks to help from his administration. But progress could prove fleeting if congressional Democrats remain deadlocked over Biden’ s social agenda package. Biden said new data from the Centers for Disease Control and…

Parkland shows Florida’s archaic sovereign immunity law must change

January 27, 2022

It's thanks to federal law, not Florida's, that the Broward County School Board was able to approve and begin paying $26 million in settlements to the victims of the mass shooting at Marjory Stoneman Douglas High School in Parkland nearly four years ago. The state's archaic sovereign immunity law would have limited the total payout to $300,000— to be shared by 17…

As the West burns, insurance companies drop clients like never before.

January 27, 2022

Debbie Jones is a Salinas- based insurance broker with Leavitt Group, and she's seen an unprecedented number of clients get booted entirely from their insurance policies. As of Jan. 26, she's looking at 10 new non-renewals for clients, many of whom have been with her for decades. Some of them choose to self-insure– industry-speak for skipping insurance entirely–…

Capstone Group Announces Hiring of Gregory Chaples, Vice President of Property & Casualty

January 27, 2022

Capstone Group, a leading provider of risk management, insurance brokerage, and employee benefits advisory services, is pleased to announce the hiring of Gregory L. Chaples as Vice President. But what ultimately led to this decision is our shared values and vision of the future for our Property& Casualty divisions, "said Kevin Fox, Management Partner of Capstone.

Westland Insurance and the Insurance Brokers Association of British Columbia announce the new Renate Mueller Trailblazer Scholarship

January 27, 2022

–Westland Insurance is proud to partner with the Insurance Brokers Association of British Columbia to offer the Renate Mueller Trailblazer Scholarship, a new scholarship opportunity for women pursuing a post-secondary education.. Administered by Westland Insurance and the IBABC, the scholarship will be presented annually in the spring to a woman…

New state law targets surprise medical bills

January 27, 2022

What: A Massachusetts consumer-protection law that went into effect Jan.1 targets balance billing– or surprise billing– when insured patients receive unanticipated charges because they unknowingly accepted services from a provider who does not accept their insurance. "When a patient receives care from an out-of-network provider, the insurer may pay…

January 27, 2022
Inflation is taking a bite out of household budgets.

The Fed Unveils A Tougher Plan To Fight Stubbornly High Inflation

Faced with mounting pressure from rapidly rising consumer prices, the Federal Reserve is preparing to raise interest rates sooner— and perhaps more aggressively— than had been expected just a few months ago.

guns San Jose is first US city to mandate gun owners carry insurance and pay an annual fee

January 27, 2022

San Jose firearm owners will soon be subject to new gun control laws that no U.S. citizen has faced before— that is, if the divisive regulations hold up in court. In two separate votes, the San Jose City Council on Tuesday night passed a first-of-its-kind ordinance requiring residents who own a gun to carry liability insurance and pay an annual fee aimed at reducing…

Gun-Rights Group Sues California City For Requiring Gun Liability Insurance

January 27, 2022

The measure, which the San Jose City Council approved Tuesday, is an“ unprecedented step,” according to the federal lawsuit that the National Association for Gun Rights and local gun owner Mark Sikes filed that evening. The lawsuit said San Jose will require“ virtually all gun owners within its city limits to pay unspecified sums of money to private insurance…

Most People Take Out Fire Insurance 'Because It's a Loan Requirement'

January 27, 2022

They made their arguments on Tuesday, January 25, 2022 as the Senatorial Committee on Foreign Affairs, Cooperation and Security started engaging with different entities in line with the oversight of the government's actions concerning fire prevention and fighting. On Tuesday, the senators met with the Rwanda Insurers Association, and the Private Sector…

SiriusPoint Promotes Shams Patel to Chief Pricing Actuary

January 27, 2022

January 27, 2021– SiriusPoint Ltd., a global specialty insurer and reinsurer, has announced the appointment of Shams Patel to the role of Chief Pricing Actuary. Shams joined SiriusPoint in 2008 and most recently held the position of Head of Pricing and Business Planning in the UK. As Chief Pricing Actuary, Shams will lead pricing strategy across SiriusPoint's…

Medicare Drug Plan Data Reported By Medicare Insurance Association

January 27, 2022

Los Angeles, CA January 27, 2022—- Some 48 million Americans are enrolled in Medicare prescription drug plans according to the latest data reported by the American Association for Medicare Supplement Insurance. "Prescription drug plan coverage is one of the most important benefits valued by seniors," states Jesse Slome, director of the Medicare advocacy…

BestinsuranceLeads.com Sees Continued Rise in Health and Medicare Insurance Like Never Before

January 27, 2022

Best Insurance Leads for Agents, Brokers, and Carriers "– Scott Thompson FORT WORTH, TX, UNITED STATES, January 27, 2022/ EINPresswire.com/– As the Biden administration, health insurers, and investors continue to reinforce the privatized form of Medicare Advantage in 2022, get set to see more prospective customers flocking towards these MA plans. Last month, the…

Banco Sabadell earns profit of 530 million euros and brings forward the profitability target of its strategic plan by one year

January 27, 2022

The Bank meets its targets one year ahead of schedule and ends the year with ROTE of 5% Core results increase by 12.6% year-on-year and by 3.6% in the quarter TSB consolidates its positive contribution to the Group with 118 million euros, in contrast to 220 million euros of losses in 2020 The Board of Directors approves a dividend of 0.03 euros to be paid out of…

From a continued focus on sustainability, to the permanent remote workplace, to the ongoing marriage between data and customer …

January 27, 2022

Sibylle Fischer January 27, 2022 Innovation, Sustainability From a continued focus on sustainability, to the permanent remote workplace, to the ongoing marriage between data and customer behavior, I take a look at a few of the mega trends poised to influence the insurance industry in the year ahead. Last month I spent time reflecting back on insurance in 2021, a…

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