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Fort Collins, CO—- 11/23/2022– Individual health insurance is essential for workers who do not have employer-sponsored benefits, whether part-time or full-time. Volk Insurance Benefits is a leading agency that provides individual health insurance in Greeley and Loveland, Colorado. Since many small companies in Colorado do not offer coverage for their…

AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of“ bbb” of Al Fujairah National Insurance Company PJSC. The ratings also reflect rating enhancement from AFNIC’ s majority shareholder, the government of Fujairah, which holds in excess of 80% of AFNIC directly.

–Sompo International Holdings Ltd., a Bermuda- based specialty provider of property and casualty insurance and reinsurance, announced today that Glen Bronstein has been appointed Executive Vice President and Head of Insurance Claims for the North America Region– Bermuda, Canada, Mexico and the U.S.– reporting to Chris Sparro, CEO, Sompo International, North…

Buster Murdaugh, the sole surviving son of disgraced former South Carolina attorney Alex Murdaugh, denied in a rare public statement this week that he is supporting his father. Buster, 26, has maintained a low profile since his mother and younger brother were shot and killed at his family’ s Colleton County estate, called“ Moselle,” the night of June 7, 2021.

Dozens of patients and health care advocates protested by Elevance Health's headquarters in Indianapolis on Nov. 14 to demand the health insurance giant stop denying insurance claims and be more transparent about its processes. In a signed letter addressed to CEO Gail Boudraux last week, the group asked Elevance Health, previously known as Anthem, to…

The Ohio Department of Job and Family Services would be charged with administering the program. Dontavius Jarrells, a Columbus Democrat and joint sponsor of the bill. During the Families, Aging and Human Services Committee hearing at the Ohio House of Representatives, Jarrells detailed the circumstances of a northwest Ohio woman and mother of two…

A new report finds communities along the Charles River will experience an appreciable increase in flooding within the next 50 years. Using these existing rainfall predictions, a Charles River Watershed Association report modeled the impact of future storms on 20 towns along the river and found many places where flooding could damage key infrastructure,…

NEW YORK, Nov. 23– The Insurance Information Institute issued the following news release:. The annual Joint Industry Forum will convene in New York City on Thursday, Dec. 1, offering its audience expert perspectives on the state of the insurance industry, according to the Insurance Information Institute. *Triple-I's 2022 Economic Review and 2023 Preview*.

WASHINGTON, Nov. 23– The National Association of Realtors issued the following news release on Nov. 22, 2022:. National Association of Realtors (R) President Kenny Parcell issued the following statement after the Department of Housing and Urban Development published the final rule to the Federal Register enabling Federal Housing Administration borrowers…

Tighter Federal Reserve policy is raising households' interest-rate burden, leading to a rapid decline in excess savings and underscoring the likelihood hawkishness has peaked. A combination of a collapse in demand and huge government transfers led to an estimated peak of $2.3 trillion in excess savings being accumulated by the middle of 2021..

Stock markets in the United States and around the world have seen losses of 20% to 30% or more so far this year. The Federal Reserve Bank has been aggressively raising interest rates and tightening monetary policy, inflation has reached 40- year highs and geopolitical risks are elevated. Most bond asset classes have performed negatively this year, as well, as…

The Labor Department reported Wednesday that 240,000 people applied for jobless aid last week, up by 17,000 from the week before. To combat inflation that hit four-decade highs earlier this year, the Federal Reserve has raised its benchmark interest rate six times since March. And many economists expect the United States to slip into a recession next year as…

Fannie Mae issued the following news release on Nov. 22, 2022:. Fannie Mae announced today that it has executed its eleventh and final Credit Insurance Risk Transfer (TM) transaction of 2022. As part of Fannie Mae's ongoing effort to reduce taxpayer risk by increasing the role of private capital in the mortgage market, CIRT 2022-11 transferred $343 million of…

WASHINGTON, Nov. 23– The U.S. Census Bureau issued the following report by Breauna Branch and Douglas Conway entitled "Health Insurance Coverage by Race and Hispanic Origin: 2021.". Health insurance status and coverage type are shaped by a variety of factors, including demographic characteristics, economic conditions, and state and federal policies that affect…

NEW ALBANY, Ohio– A New Albany investment manager was arrested and accused of taking part in a cryptocurrency investment fraud scheme. Rathnakishore Giri, 27, of is accused of promising investors that he would "generate lucrative returns with no risk to their principal investment amount, which he guaranteed to return," according to a release by the Department of…

A sampling of billings in 2011-2013 showed $12 million in net overpayments for about 18,000 patients, according to the audits obtained by Kaiser Health News through a lawsuit. The Centers for Medicare and Medicaid Services had planned to extrapolate those losses to all members of the impacted plans and recover $650 million. But that hasn’ t happened yet…