U.S. property, auto and business insurers are assisting disaster victims after dozens of deadly tornadoes tore across multiple states over the past several days, damaging thousands of homes and business structures, according to the Insurance Information Institute. “Property/casualty insurers are the nation’ s financial first responders and many already…
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During his first administration, President Donald Trump's top health officials gave North Carolina permission to use Medicaid money for social services not traditionally covered by health insurance. Since North Carolina's launch, at least 24 other states have followed by expanding social service benefits covered by Medicaid, the health care program for…
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of Dubai Insurance Company. The outlook of these Credit Ratings is stable. The ratings reflect DIN’ s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, neutral business profile and appropriate enterprise…
Americans’ financial confidence has declined significantly in the last five years and many do not think they are saving enough for retirement, according to the 2025 Annual Retirement Study* from the Allianz Center for the Future of Retirement, part of Allianz Life Insurance Company of North America. In 2025, just 70% of Americans say they feel confident about…
As California faces the aftermath of some of the worst wildfires in its history— urban conflagrations that have devastated entire neighborhoods and spread toxic soot and ash across wide regions— Insurance Commissioner Ricardo Lara today announced the formation of a new Smoke Claims and Remediation Task Force within the California Department of…
Active-duty family members, retirees and their eligible family members who live in Atlanta or Tampa, Florida, will have a new option for health care next year: Tricare Prime managed by CareSource Military and Veterans. The new agreement, which will run through 2029, gives another health care option for military beneficiaries and allows the Defense Health…
Employees’ opinions took center stage once more at The Institutes, earning the risk management and insurance education leader a 2025 Philadelphia Top Workplaces award from The Philadelphia Inquirer. Not only is this the 10th time The Institutes were named a Top Workplace among Philadelphia- area companies, it’s also their fifth consecutive year earning…
A Kentucky farmer agreed to pay at least $9.9 million to the federal government over fraudulent crop insurance claims. Walden admitted he wrote checks to Farmers Tobacco Warehouse in Danville to show he had bought tobacco from the warehouse, even though he hadn’ t. Thomas Kirkpatrick, former manager of the Danville warehouse, has also been indicted on charges of…
ImmunoPrecise Antibodies Ltd. a leader in AI-driven biotherapeutics, today announced that Dr. Jennifer Bath, CEO of ImmunoPrecise Antibodies Ltd., will be presenting at the Maxim Group’ s virtual conference:. Maxim Group is a registered broker-dealer with the U.S. Securities and Exchange Commission and the Municipal Securities Rulemaking Board and is a…
Here in South Dakota, we're blessed to have some of the best healthcare in the country. In fact, a recent ranking by WalletHub rated South Dakota 3rd overall for the best health care. In South Dakota, about 452,000 people, roughly 52% of the total state population, access medical insurance through their workplace.
Relation Insurance Services acquired the assets of Engle and Associates Insurance Brokers. “Our new partnership with Relation really elevates our business,” said Jayne Engle Allen, owner of Engle and Associates.“ Being able to offer the extensive bandwidth of resources, carrier relationships, and in-house specialties that Relation brings will allow us to…
Even the need for transition- just to be clear- has only just begun to be recognised in the U.S.. For, as Greek Economist Yanis Varoufakis points out, the reality of the western situation and the need for transition was clearly spelled out by Paul Volcker, former chair of the Federal Reserve, as long ago as 2005.. "What holds together the globalist system is a massive and…
Shares in China's CATL, the world's largest maker of electric batteries, jumped about 13% in its Hong Kong trading debut after it raised about $4.6 billion in the world’ s largest IPO this year. Its shares traded in Shenzhen, mainland China's smaller share market after Shanghai, edged 0.1% higher after dipping earlier in the day. China's central bank made its first…
WASHINGTON, D.C.– On May 19, The U.S. House of Representatives is expected to vote on the reconciliation bill this week, which includes drastic, $715 billion cuts to Medicaid that will result in at least 8.6 million people losing health insurance coverage, including cancer patients and survivors. The American Cancer Society Cancer Action Network is leading…
The resolution was sent to the offices of all 12 New Jersey members of the House of Representatives and U.S. Senators Cory Booker and Andy Kim. "More than 70,000 Burlington County residents depend on Medicaid and the Children's Health Insurance Program for their health care, and thousands more rely on the Affordable Care Act's expanded tax credits to keep their…
2025 MAY 19– By a News Reporter-Staff News Editor at Insurance Daily News– New research on Surgery- Rhinoplasty is the subject of a report. According to news originating from New York City, New York, by NewsRx correspondents, research stated,“ Health insurance reimbursement has been changing continuously with patients being increasingly responsible for their…
The market size was estimated at USD 8.00 billion in 2023 and is projected to grow from USD 8.88 billion in 2024 to USD 28.24 billion by 2035, exhibiting a compound annual growth rate of 11.09% during the forecast period. This growth is driven by the surge in cyberattacks, increased regulatory requirements, and heightened awareness of cyber risk management.
The life insurer Royal Neighbors of America celebrated its 130th anniversary Sunday, May 18, with an event attended by more than 100 people to commemorate the company’ s growth and commitment to community service. Royal Neighbors of America is a women-led, mission-oriented life insurer based in Rock Island. Nine women founded Royal Neighbors of America as a…
MetLife, Inc. today announced that Jane Slusark will join the company as chief communications officer, effective June 9, 2025. MetLife, Inc., through its subsidiaries and affiliates, is one of the world’ s leading financial services companies, providing insurance, annuities, employee benefits and asset management to help individual and institutional…
