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September 26, 2019

Senate Introduces Bi-partisan Step Therapy Patient Protections

–The National Psoriasis Foundation, NPF, applauds Senator Lisa Murkowski, Senator Doug Jones, Senator Bill Cassidy, Senator Margaret Hassan, Senator Cindy Hyde-Smith, and Senator Jacky Rosen for introducing the Safe Step Act. This legislation amends the Employee Retirement Income Security Act to require a group health plan to provide a robust exception…

September 26, 2019

Best’s Market Segment Report: Sub-Saharan Africa Remains a Long-Term Opportunity for Reinsurers

Insurance markets across sub-Saharan Africa provide an opportunity for diversification and an avenue for growth, and so remain attractive to international reinsurers taking a longer-term view. Tim Prince, director, analytics at AM Best, said:“ Despite uncertain market conditions, the rating fundamentals of the majority of AM Best-rated African reinsurers…

How Insurers Can Win By Connecting To Customers With Ecosystems

September 26, 2019

–Traditional insurance carriers, beset by slow growth and high churn, are seeking new ways to attract and retain customers. Working with Dynata, an online global market research company, Bain& Company surveyed nearly170, 000 insurance customers in 16 countries and found that worldwide, 39 percent of insurance customers currently use at least one connected…

Warning: Damaged Vehicles from Hurricane Dorian and Tropical Storm Imelda May Appear for Resale Soon

September 26, 2019

–Hurricane Dorian and Tropical Storm Imelda have flooded vast swaths of the East Coast and Texas and as the water recedes, thousands of damaged and flooded vehicles are emerging presenting the potential for fraudsters to prey on innocent used car buyers. To that end, the National Insurance Crime Bureau offers a free tool called VINCheck that allows consumers…

September 26, 2019

AM Best Affirms Credit Ratings of Covéa Coopérations

AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a+” of Covéa Coopérations. The outlook of these Credit Ratings is stable. The ratings factor in Covéa Coopérations’ strategic importance to Société de Groupe d’ Assurance Mutuelle Covéa, a leading mutual insurance group in France.

September 26, 2019

Securian Financial to Host Work|Life™ Exhibit for National Disability Employment Awareness Month

To celebrate National Disability Employment Awareness Month in October, Securian Financial will host Work| Life™, a traveling exhibit created by Lifeworks Services that raises awareness and challenges perceptions about employment experiences for people with disabilities. The exhibit opening will take place on Tuesday, Oct. 1, 2019 from 10:30 a.m. -12 p.m….

September 26, 2019

SSM Health and Navvis Partner to Rapidly Advance Population Health and Reinvent the Health Care Experience

SSM Health and Navvis today announced a strategic partnership to design and operate a transformational new value-based care delivery model that proactively helps patients manage their health and well-being throughout every stage of life. SSM Health and Navvis share a vision for an entirely new and holistic model of care– one that is fueled by data,…

Fairfield residents concerned about possible $10K dog insurance

September 26, 2019

Sep. 26– A Fairfield couple told City Council it would be “punishing your law-abiding citizens” if a proposed insurance requirement for dogs is approved next month. City Council is considering removing breed-specific language banning pit bulls within the city, after the state made a similar move and at least one Ohio appeals court ruled against such bans.

Del. Holmes-Norton Introduces Bill on Short-Term Disability Insurance Program

September 26, 2019

Eleanor Holmes-Norton, D-D.C., has introduced legislation to “provide a short-term disability insurance program for Federal employees for disabilities that are not work-related.” Eleanor Holmes-Norton, 2136 Rayburn House Office Building, Washington, DC 20515; 202/ 225-8050; or in the district offices at 90 K St. N.E., Ste. 100, Washington, DC 20001; 202/ 408-9041; 2235…

September 26, 2019

Humana and Tower Health Announce Agreement Adding Reading Hospital to Humana’s Medicare Network in Southeastern Pennsylvania

Tower Health, one of the region’ s leading integrated health systems, and Humana Inc., one of the nation’ s leading health and well-being companies, today announced an agreement to expand care options for Humana Medicare Advantage members at Tower Health facilities in Southeast Pennsylvania, with the addition of Reading Hospital to Humana’ s Medicare network.

UCIP finds temporary facility in Meadville a week after destructive fire

September 26, 2019

The organization signed a lease on a temporary location for its day services Wednesday at 313 South St. in Meadville, according to Executive Director Leanne Severo. UCIP provides more than 100 clients with a variety of disability services in Crawford, Clarion and Venango counties. Severo also confirmed UCIP’s facility on Cussewago Road, formerly…

Sen. Murkowski Introduces Bill on Exception Process for Medication Step Therapy Protocol

September 26, 2019

Lisa Murkowski, R- Alaska, has introduced legislation to amend the Employee Retirement Income Security Act of 1974 “to require a group health plan or health insurance coverage offered in connection with such a plan to provide an exceptions process for any medication step therapy protocol.” Doug Jones, D- Ala., Bill Cassidy, R- La., Margaret Wood Hassan, D- N.H., Cindy…

September 26, 2019

AM Best Affirms Credit Ratings of Beazley’s Lloyd’s Syndicates, Beazley Insurance Designated Activity Company, Beazley Insurance Company, Inc. and Beazley America Insurance Company, Inc.

Concurrently, AM Best has affirmed the FSRs of A and the Long-Term ICRs of“ a” of Beazley Insurance Designated Activity Company, Beazley Insurance Company, Inc. and Beazley America Insurance Company, Inc.. The ratings of BIDAC, BICI and Beazley America reflect the consolidated balance sheet strength of Beazley plc, which AM Best categorises as very strong, as well…

September 26, 2019

ivari Selects Moody’s Analytics Solutions for IFRS 17 Implementation

Moody’ s Analytics, a global provider of financial intelligence, announced today that Canadian insurer ivari has selected the Moody’ s Analytics RiskIntegrity™ IFRS 17 solution and the AXIS™ IFRS 17 Link Module for its implementation of International Financial Reporting Standard 17.. “We are delighted that ivari has expanded its use of Moody’ s Analytics…

September 26, 2019

TRICOR Insurance Taps Indio Technologies to Provide Streamlined Solution for Insurance Application and Renewal Process

–Indio Technologies, a management software platform for property and casualty insurance providers, today announced a partnership with leading independent insurance agency, TRICOR Insurance. Through the Indio platform, TRICOR will be able to significantly improve its customer experience by streamlining, automating and improving the insurance…

Ville Platte woman accused of setting home on fire to collect insurance payout

September 26, 2019

Sep. 26– A Ville Platte woman is accused of setting her home on fire to commit insurance fraud. Brittany Guillory, 23, was booked into the Evangeline Parish Jail on a count of arson with intent to defraud after a fire at her home in the 1100 block of Beaver Creek Road in Ville Platte. On Sept. 16, the Evangeline Fire District elicited the assistance of the Louisiana State…

EDITORIAL: Continue exploration, exploitation of oil and gas resources offshore

September 26, 2019

Sep. 26– Louisiana and the Gulf Coast are a major reason for an economic disaster that did not happen. In Louisiana, we have been a major contributor the national economy by producing oil and gas for more than a century. With those kinds of supply factors, an interruption in the Middle East simply does not have the worldwide economic impact that it once did.

US Economy Grew At Modest 2% Rate In Second Quarter

September 26, 2019

—The U.S. economy grew at a modest 2% annual rate in the second quarter, a pace sharply lower than the 3%- plus growth rates seen over the past year. The April-June increase in the gross domestic product, the economy’s total output of goods and services, slipped from a brisk 3.1% gain in the first quarter, the Commerce Department reported Thursday.

September 26, 2019

AmeriHealth Caritas Appoints Heidi Chan Market President of Its North Carolina Health Plan

AmeriHealth Caritas, a national leader in Medicaid managed care and other health care solutions for those most in need, announced today that it has appointed Heidi Chan as market president of its North Carolina health plan, AmeriHealth Caritas North Carolina. Chan currently serves as market president for Blue Cross Complete of Michigan and has held that role…

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