The first of two forums on affordability and home insurance in Teller County attracted 140 people on Feb. 7 at the Woodland Park library conference room and lobby. I'm mad, too, mad that we haven't been able to find solutions, "said Michael Conway, Colorado's insurance commissioner. When several insurance companies pulled out of Colorado, by 2020, the state took…
Newswires
The first of two forums on affordability and home insurance in Teller County attracted 140 people on Feb. 7 at the Woodland Park library conference room and lobby. When several insurance companies pulled out of Colorado, by 2020, the state took notice that just five big companies were“ gobbling up the business,” Conway said. But the main cause of the high cost of…
Lamont told Romeo, the president and CEO of Fascia's Chocolates in Waterbury, about his proposal to explore designing a government-backed, privately run health plan that he said could reduce costs for small businesses. The governor has asked the state legislature to appropriate $1 million to have the state Office of Policy and Management assess the…
2026 FEB 12– By a News Reporter-Staff News Editor at Insurance Daily News– Current study results on risk management have been published. According to news originating from Homestead, Florida, by NewsRx editors, the research stated,“ The increasing frequency and intensity of heavy snowfall events due to climate change pose significant risks to agricultural…
Thom Tillis from North Carolina suggested Thursday he could support a compromise that would allow the Senate Banking Committee to start hearings on Kevin Warsh, President Donald Trump’ s nominee to chair the Federal Reserve. Treasury Secretary Scott Bessent has suggested that the banking committee, rather than the Justice Department, investigate cost…
During the Board of Supervisors meeting Tuesday, a staff-led presentation showcased HR 1’ s anticipated impacts on the county’ s health and human services programs. Specifically, benefit recipients will need to work 80 hours per month in order to remain eligible for Medi-Cal and Calfresh, though this prerequisite could be met through volunteer work.
Two foreign nationals participated in a $10 million scheme to fraudulently bill Medicare and private insurers for nonexistent health care services, according to an indictment returned in federal court in Chicago. "Rooting out fraud is a priority for this Justice Department, and these defendants allegedly billed millions of dollars from Medicare and…
Cancer patients in Idaho could soon find it more affordable to access life-saving oral medications. House Bill 530, introduced by the House Health and Welfare Committee, would require state-regulated health insurance plans to ensure that out-of-pocket costs for oral anticancer medications do not exceed what patients pay for other forms of cancer drugs.
R.E. Chaix& Associates Insurance Brokers, LLC, a leading national wholesale insurance broker known for its expertise in hard-to-place and specialty risks, is proud to announce the acquisition of US Pro Insurance Services, a premier brokerage firm specializing in Cyber Liability. Chaix and US Pro Insurance Services will offer an expanded suite of solutions…
Mike Thompson is a home-grown politician seeking his 15th consecutive term in the U.S. House of Representatives, following eight years in the California Legislature. His most formidable Democratic primary challenger for California’ s 4th Congressional District, Eric Jones, is a political neophyte and recent Napa transplant trying to build name…
AM Best has assigned a Financial Strength Rating of A and a Long-Term Issuer Credit Rating of“ a+” to AXIS Specialty Insurance Limited, a subsidiary of AXIS Capital Holdings Limited. The ratings of ASIL also reflect the company’ s role as an internal reinsurer of affiliated businesses, and the reinsurance, liquidity and other implicit support provided to other…
Most Operators Remain Confident Despite Rising Food Costs and Increased Claims Severity. PLEASANT GROVE, UTAH- February 12, 2026- Food Liability Insurance Program, a national insurance program designed for small to mid-sized operators in the food and beverage industry, today released its third annual 2026 Food& Beverage Industry Trends Report, combining…
Continental General Insurance Company today announced that it has completed the acquisition of two blocks of insurance policies from the state life and health insurance guaranty associations through transactions coordinated by the National Organization of Life& Health Insurance Guaranty Associations. The policies were originally issued by Bankers…
The following information was released by the America's Health Insurance Plans:. The CQMC is a publicprivate partnership convened by AHIP and the Centers for Medicare and Medicaid Services. "The health care system needs clear and consistent measures that reflect current clinical practice and support meaningful accountability," said Danielle A. Lloyd, MPH,…
The Insurance Accounting& Systems Association has opened registration for IASA Xchange™ 2026, its annual conference and tradeshow for insurance professionals across accounting, finance, technology, risk management, and leadership. “IASA Xchange reflects the realities our organizations face today— constant change, evolving risk, and the need for stronger…
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of“ aa-” of RGA Reinsurance Company, RGA Americas Reinsurance Company Ltd, RGA Life Reinsurance Company of Canada, Aurora National Life Assurance Company and RGA Life and Annuity Insurance Company. These companies are subsidiaries of Reinsurance Group of America,…
Sun Life Financial Inc. (NYSE: SLF) has caught the attention of the investment community today with its bullish price action. The company’s shares have moved 4.56% on the day to $67.87. Sun Life Financial Inc., a financial services company, provides insurance, wealth, and asset management solutions to individuals and corporate clients worldwide. It offers term […]
Leading U.S. auto insurers have become the first to go live with the system as early implementation partners. The platform represents the first successful deployment of blockchain technology for live claims data exchange in the U.S. insurance industry. “This production launch represents the culmination of seven years of dedicated work by The Institutes and…
AM Best has released newly updated tables of net capital charges associated with a representative sample of transactions from Fannie Mae and Freddie Mac’ s credit risk transfer programs— Freddie Mac’ s Agency Credit Insurance Structure and Fannie Mae’ s Credit Insurance Risk Transfer. The calculations for each transaction are based on AM Best’ s factor-based…
