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May 29, 2019

LifeSecure Insurance Company Names New President and CEO

–LifeSecure Insurance Company has announced the appointment of Patrick J. Prichard as president and CEO, effective June 1, 2019. The move follows the resumption of former LifeSecure president and CEO Kevin Stutler’s previous position of vice president of Enterprise Ancillary Business at Blue Cross Blue Shield of Michigan, the parent company of LifeSecure.

May 29, 2019

Grinnell Mutual Implements Kespry Drone-Based Aerial Intelligence Platform

–Kespry, the leading drone-based aerial intelligence solution provider, today announced Grinnell Mutual, a leading property casualty insurance company and the nation’s largest primary reinsurer of farm mutual companies, is using the Kespry platform for residential and commercial property roof inspections. The company now uses Kespry drones and its…

The Rundown: Legislative session end draws near, NFIP debate continues and more Louisiana politics news

May 29, 2019

May 29– May 29– Today in The Rundown: Abortion bill hits critical point; Louisiana students continue battling in the National Spelling Bee; NFIP deadline nears but House remains in impasse; the Louisiana Legislature winds down 2019 session; and everything else you need to know in Louisiana politics today. According to Planned Parenthood, hundreds of abortion…

May 29, 2019

Cavulus Announces New Software Pricing Structure To Assist Start-Up Medicare Advantage Healthcare Plans

Patrick Phillips, Cavulus CEO, said he expects the new pricing will be popular among start-up plans because it is predictable with a fixed infrastructure cost and offers a scalable component based on a plan’s service area and expansion goals. Phillips points out that the Center for Medicare and Medicaid Services has forecasted Medicare Advantage…

May 29, 2019

Companies Select Prudential To Oversee Retirement Assets

Aker Solutions, a global engineering company, and Reser’ s Fine Foods Inc., a national manufacturer and distributor of fresh and refrigerated prepared foods, chose Prudential Retirement as record keeper for their defined contribution retirement plans. Prudential Retirement is a business unit of Prudential Financial, Inc.. Kevin Raymond, consultant and…

Hoeven, Cramer, Armstrong Urge the President to Issue Disaster Declaration for Spring Flooding in North Dakota

May 29, 2019

John Hoeven, R- North Dakota, issued the following news release:. Senators John Hoeven and Kevin Cramer and Congressman Kelly Armstrong today urged President Trump to approve the State of North Dakota’s request for a presidential major disaster declaration covering this year’s widespread spring flooding. The state is seeking a declaration for the period…

May 29, 2019

High-Earning Millennials Have A Surprising Student Debt Problem

You might think that HENRYs (High Earners, Not Rich Yet) would be doing just fine after college, but they’re in serious debt just like most other new grads. In fact, in some ways, they face a few added challenges. Student loan debt sits at $1.4 trillion, and nearly 40% of borrowers are expected to be in default by 2023, according The Brookings Institution.

Speaker Pelosi Issues Statement on House Republicans Blocking Bipartisan Disaster Relief Bill

May 29, 2019

House Speaker Nancy Pelosi, D- California, issued the following statement after House Republicans objected to a disaster relief bill:. “The heartlessness of House Republicans knows no bounds. House Republicans need to immediately end this shameful sabotage, and allow the House to pass the bill that the bipartisan Senate has finally agreed to.

Speaker Pelosi Issues Statement on House Republicans Blocking Bipartisan Disaster Relief Bill

May 29, 2019

House Speaker Nancy Pelosi, D- California, issued the following statement after House Republicans objected to a disaster relief bill:. “The heartlessness of House Republicans knows no bounds. House Republicans need to immediately end this shameful sabotage, and allow the House to pass the bill that the bipartisan Senate has finally agreed to.

National Republican Senatorial Committee: New Ad – Jeanne Shaheen’s Radical Party

May 29, 2019

The National Republican Senatorial Committee today released a new digital video ad in New Hampshire targeting Jeanne Shaheen for falling in line with the most radical and out-of-touch Democratic Party ever. “Shaheen’s support for eliminating private health insurance and raising taxes on Granite State families puts her in line with the most radical…

May 29, 2019

Showbiz Shows a Better Way to Pay: Insurance Industry Alert from EraNova Institute

LOS ANGELES and MOUNTAIN LAKES, N.J., May 29, 2019/ PRNewswire/– Today the EraNova Institute issues a business alert: ” Showbiz shows a better way to pay.” Now, for the likes of Tom Hanks and Lady Gaga, it’s more of a breeze; and soon may be for everyone involved in insurance. Then in 2011, Mike Hurst and Jason Hiller established Exactuals LLC in Los Angeles.

May 29, 2019

WindRose Health Investors Completes Recapitalization of Healthmap Solutions, Inc.

–WindRose Health Investors, LLC, the New York- based healthcare private equity firm, announced the completion of an equity recapitalization of Healthmap Solutions, Inc. with a commitment of $85 million. Healthmap is led by its Chief Executive Officer, Joe Vattamattam, and Chief Operating Officer and Founder, Andrew Wall, who will continue to drive the Company’s…

Rep. Vela Announces $46 Million Fund for Cameron, Hidalgo, Jim Wells Counties After Flooding in South Texas

May 29, 2019

Filemon Vela, D- Texas, issued the following news release:. Congressmen Vicente Gonzalez, Henry Cuellar and Filemon Vela have announced that the U.S. Department of Housing and Urban Development awarded $46,400,000 in Community Development Block Grant Disaster Recovery funding for Cameron, Hidalgo, and Jim Wells Counties following the June 2018 floods that…

May 29, 2019

Evolent Health Expands Partnership with Passport Health Plan to Support Medicaid Beneficiaries in the Commonwealth of Kentucky

–Evolent Health, a company providing an integrated value-based care platform to the nation’s leading providers and payers, today announced it has entered into a definitive agreement to partner with the current owners of Passport Health Plan in continuing to serve the Kentucky Medicaid market. The current owners, which include The University of Louisville,…

May 29, 2019

Millennial Money: Making ‘Good Enough’ Choices Can Pay Off

Often the best way to make some money decisions is to choose an option that’s good enough, then get on with your life. Target-date retirement funds, flat-rate cash-back credit cards and 529 college savings plans are just some of the products you can use to make a decision that starts building your assets now, rather than waiting to compare every possibility.

Sen. Moran Urges POTUS to Expeditiously Provide Disaster Aid to Kansas

May 29, 2019

Jerry Moran, R- Kansas, issued the following news release:. U.S. Senator Jerry Moran today urged President Trump to expeditiously approve of Kansas Governor Laura Kelly’s request for federal disaster relief and emergency protective measures, noting that “nearly half of Kansas’ 105 counties are part of a state of disaster declaration.” Governor Kelly has…

Cruz, Hyde-Smith & Inhofe Introduce Bill to Eliminate the Federal Insurance Office

May 29, 2019

Cindy Hyde-Smith, R- Mississippi, issued the following news release:. U.S. Senators Ted Cruz, Cindy Hyde-Smith, and Jim Inhofe today introduced a bill to eliminate the Federal Insurance Office, an organization derided as another stark example of a redundant and unaccountable entity within the U.S. Treasury Department. “I am proud to lead this effort with Senators…

White & Case Advises on Agreement to Acquire Largest Insurance Company in Israel

May 29, 2019

Global law firm White& Case LLP has advised Centerbridge Partners and Gallatin Point Capital on their agreement to acquire a 32.5 percent controlling stake in Phoenix Holdings Ltd from Delek Group Ltd.. “This represents a strategically important acquisition for our clients that will give them a controlling stake in Israel’s most valuable insurance…

May 29, 2019

Brett Drexelius Joins Medata as Executive Vice President

Medata, the leading medical cost containment technology company in workers’ compensation and auto liability lines, has selected Brett J. Drexelius as Executive Vice President of Growth. “Brett brings deep expertise in healthcare cost management and workers’ compensation to the role,” said Medata President Tom Herndon.“ His understanding of the P&C space along…

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