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Seven-Time NBA Champion Robert Horry Teams Up With ICHRA Platform SureCo to Take On Health Insurance for Large Employers

March 27, 2024

–Robert Horry is best known for his clutch performances during his seven NBA title runs which earned him the moniker "Big Shot Bob." What many do not know about Horry is his decades-long battle with navigating healthcare in America. That's why today Horry has signed on as Chief Impact Officer with health insurance platform SureCo to urge Americans to demand more…

Affordable Protection for Floridians: American Integrity Introduces ValueGuard Property Insurance

March 27, 2024

Recognizing the unique needs of Florida homeowners, ValueGuard provides basic coverage that allows homeowners an opportunity to continue with much needed insurance coverage. ValueGuard Property Insurance is specifically tailored to address the fundamental insurance needs of Florida residents, offering coverage for essential risks such as fire and…

California wants to raise insurance rates faster. Why the plan is being criticized [The Sacramento Bee]

March 27, 2024

The Department of Insurance wants companies to be able to raise their prices for home and auto policies more quickly in the state. “As currently drafted we do not believe there’ s anything in these proposed regulations that is helpful in addressing the insurance market crisis,” said Seren Taylor, a lobbyist with the Personal Insurance Federation of California.“…

AM Best Assigns Credit Ratings to Revol One Insurance Company

March 27, 2024

AM Best has assigned a Financial Strength Rating of B++ and a Long-Term Issuer Credit Rating of“ bbb” to Revol One Insurance Company. The outlook assigned to these Credit Ratings is stable. Revol One Financial is a domestic life insurance carrier that was acquired by Axar Capital in 2022, with the intent to leverage the platform to build a life insurance franchise…

AM Best Affirms Credit Ratings of RBC Life Insurance Company

March 27, 2024

AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a+” of RBC Life Insurance Company. The parent bank is a strong organization with approximately CAD 118 billion of IFRS equity at financial year-end 2023 and CAD 2 trillion in assets. RBC has demonstrated this support through cash infusions in the form of issued share…

California plan to make home, auto insurance rate hikes happen quicker criticized

March 27, 2024

The Department of Insurance wants companies to be able to raise their prices for home and auto policies more quickly in the state. “As currently drafted we do not believe there’ s anything in these proposed regulations that is helpful in addressing the insurance market crisis,” said Seren Taylor, a lobbyist with the Personal Insurance Federation of California.“…

Peter McGoldrick Joins Alliant Insurance Services, Serves Power Generation Client Base

March 27, 2024

Peter McGoldrick has joined Alliant Insurance Services as Senior Vice President, Alliant Specialty, in the company’ s Tampa, Florida, office. McGoldrick earned a BA in history and economics from Fairfield University and a Juris Doctorate from Hofstra University with emphasis on corporate and tax law. Alliant Insurance Services is one of the nation’ s leading…

Markel Corp. (NYSE: MKL) is a Leading Gainer in Wednesday Morning Trading

March 27, 2024

Markel Corporation (NYSE: MKL) is one of today’s top gainers. The company’s shares have moved 0.8% on the day to $1,502. Markel Corporation, a diverse financial holding company, markets and underwrites specialty insurance products in the United States, Bermuda, the United Kingdom, rest of Europe, Canada, the Asia Pacific, and the Middle East. Its Insurance […]

MetLife Recognized As 2024 Energy Star® Partner of the Year for Sixth Consecutive Year

March 27, 2024

NEW YORK, March 27, 2024/ CSRwire/- MetLife, Inc. today announced that it has received the 2024 ENERGY STAR ® Partner of the Year Sustained Excellence Award from the U.S. Environmental Protection Agency. MetLife has been honored as an ENERGY STAR Partner of the Year recipient for six consecutive years and continues to partner with ENERGY STAR on adopting…

Root Inc. (NASDAQ: ROOT) is a Stock Spotlight on 3/27

March 27, 2024

Root, Inc. (NASDAQ: ROOT) is the focus of IBN’s latest stock spotlight. The company’s shares have moved 0.92% on the day to $58.91. Root, Inc. provides insurance products and services in the United States. The company offers automobile, homeowners, and renters insurance products. The company operates a direct-to-consumer model and serves customers primarily through mobile […]

Bishop Street Underwriters, a RedBird Capital Portfolio Company, Announces Joint Venture with Topsail Re

March 27, 2024

Topsail Re will be co-investing into Bishop Street which will drive strategic value for Managing General Agents and Program Administrators within the Bishop Street ecosystem, by providing preferred capacity and access to Topsail Re’ s proven track record of supporting MGAs and programs, including underwriting and administrative expertise.

AM Best Affirms Credit Ratings of Principal Financial Group, Inc. and Its Subsidiaries

March 27, 2024

AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of“ aa” of Principal Life Insurance Company and Principal National Life Insurance Company. Both are life insurance operating companies of Principal Financial Group, Inc. and collectively referred to as Principal. Concurrently, AM Best has affirmed the Long-Term…

TravelInsurance.com Recognized As Best For Comparing Travel Insurance Quotes By Money.com For The Fourth Consecutive Year

March 27, 2024

–TravelInsurance.com, a leading travel insurance comparison marketplace, was recognized by Money.com as one of the "9 Best Travel Insurance Companies of 2024" for the fourth consecutive year. TravelInsurance.com garnered recognition as the leading platform for comparing travel insurance quotes. "We are honored to be recognized by Money.com for the fourth…

Victory for Gun Safety: Following Advocacy From Washington Moms Demand Action and Students Demand Action, Governor Jay Inslee Signs Gun Safety Bills Into Law

March 27, 2024

The Washington chapters of Moms Demand Action and Students Demand Action, both part of Everytown for Gun Safety's grassroots network, issued the following statement applauding Governor Jay Inslee for signing gun safety bills into law, including a measure requiring gun dealers to secure their inventory against theft, have general liability insurance, and…

Americans for Tax Reform: State Insurance Regulators are Launching Assault on 401(k)s and Life Insurance

March 27, 2024

The National Association of Insurance Commissioners– a multistate standard-setting organization composed of insurance regulators from all 50 states, the District of Columbia, and U.S. territories–is arbitrarily increasing regulations on life insurance companies that invest in residual tranches and interests of asset-backed securities.

Assurant Inc. (NYSE: AIZ) Records 52-Week High Wednesday Morning

March 27, 2024

Shares of Assurant, Inc. (NYSE: AIZ) traded at a new 52-week high today and are currently trading at $185.11. So far today, approximately 15,877 shares have been exchanged, as compared to an average 30-day volume of 341.23k shares. Assurant, Inc., together with its subsidiaries, provides lifestyle and housing solutions that support, protect, and connect consumer […]

AM Best Affirms Credit Ratings and Assigns National Scale Rating to PVI Insurance Corporation

March 27, 2024

AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of PVI Insurance Corporation. Additionally, AM Best has assigned the Vietnam National Scale Rating of aaa.VN to PVI Insurance with a stable outlook. PVI Insurance benefits from good financial flexibility, given its majority ownership by HDI V.a.G.

Availity Responds to CMS Interoperability and Prior Authorization Final Rule with Advanced Solutions for Healthcare Interoperability

March 27, 2024

Availity, the nation’ s largest real-time health information network, announced a comprehensive suite of technology solutions and services designed to assist health plans and providers in achieving compliance with the Centers for Medicare& Medicaid Services Interoperability and Prior Authorization Final Rule, which was published on January 17, 2024.

Legal & General America Launches Life e-Tickets with Hexure for a Simplified, Accelerated Quote to Apply Experience

March 27, 2024

Hexure, a provider of sales and regulatory automation solutions for the life and annuity industry, in tandem with Legal& General America, one of the nation’ s leading term life insurance providers and part of Legal& General Group plc, introduced a new solution to help simplify the term life insurance purchase journey for distributors, advisors and clients.

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