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ALLIANZ TRAVEL INSURANCE WINS BEST INSURANCE PROVIDER AT TRAVEL WEEKLY'S 2021 READERS' CHOICE AWARDS

December 20, 2021

–Allianz Partners USA, a leading travel insurance and assistance company, won Best Insurance Provider during Travel Weekly's 19th annual Readers' Choice Awards, held at the Conrad New York on December 16. Travel Weekly, considered the most influential business publication in the travel trade industry, honors the best in travel at its annual Readers' Choice…

December 20, 2021
Federal Reserve Chair Jerome Powell holds a news conference following the Federal Open Market Committee meeting last week.

Fed Sees As Many As 7 Interest Rate Hikes In The Coming Years

The Federal Reserve will speed up tapering of its bond-buying program and is planning up to three rate hikes in 2022, Fed Chairman Jerome Powell said last week. Several additional rate hikes are expected to follow.

AmeriHealth Caritas Appoints Jim Gartner President of PerformRx

December 20, 2021

AmeriHealth Caritas SM announced that it has appointed Jim Gartner as president of PerformRx, LLC, its URAC- accredited, full-service pharmacy benefit manager with industry-leading clinical programs. Most recently, he served as the Head of Business for IntegroRx LLC, an Ohio- based consultancy he built to provide strategic guidance to companies on a range of…

December 20, 2021
Sen. Joe Manchin, D-W.Va., is the key vote in any spending plan Democrats hope to pass.

Manchin Declines To Support President Biden’s Build Back Better Plan

Joe Manchin likely doomed President Joe Biden’s roughly $2 trillion social spending and climate legislation known as Build Back Better on Sunday, telling Fox News in an interview that he cannot support it.

Financial Focus: Retirees Fear Becoming A Burden

December 20, 2021

It's human nature to want to make things easier for our loved ones– and to have great concern about adding any stress to their lives. In fact, 72% of retirees say that one of their biggest fears is becoming a burden on their families, according to the Edward Jones/Age Wave Four Pillars of the New Retirement study. How can you address this fear?

Slice Celebrates State and Class Expansion of Contractors General Liability Insurance for Small Businesses

December 20, 2021

Slice Labs Inc., a technology company with the first on-demand insurance platform, and Appalachian Underwriters, Inc. have expanded AERO’ s Contractors General Liability Insurance to two additional states– California and Colorado. “After seeing double digit growth month over month last quarter, we’ re excited to announce the expansion into two of the U.S….

The Hanover Insurance Group, Inc. to Issue Fourth Quarter Financial Results on February 2

December 20, 2021

–The Hanover Insurance Group, Inc. expects to issue its fourth quarter and full-year financial results after the market closes on Wednesday, February 2, 2022. The Hanover Insurance Group, Inc. is the holding company for several property and casualty insurance companies, which together constitute one of the largest insurance businesses in the United States.

EDITORIAL: Legislature needs to address insurance issues [The Columbian, Vancouver, Wash.]

December 20, 2021

State Insurance Commissioner Mike Kreidler this year issued an emergency order banning insurance providers from using credit scores to help determine premium rates for customers. Three states, including California, have banned the use of credit scores in setting premiums. In October, a Thurston County Superior Court judge upheld insurance industry…

New York Life Commits $250,000 To States Hit By Tornadoes And Storms

December 20, 2021

In response to tornadoes and storms that struck several Midwest and Southern states, New York Life announced today a pledge of $150,000 in corporate grants to disaster response organizations supporting Arkansas, Illinois, Kentucky, Mississippi, Missouri, and Tennessee and $100,000 to New York Life’ s Emergency Assistance Fund. New York Life will match…

Sompo International Hires John Goodloe as Executive Vice President, Head of E&S Casualty, U.S. Insurance

December 20, 2021

–Sompo International Holdings Ltd., a Bermuda- based specialty provider of property and casualty insurance and reinsurance, announced today that John Goodloe has been named Executive Vice President, Head of E&S Casualty, for U.S. Insurance. John will report to Christopher Sparro, CEO, U.S. Insurance, Sompo International Holdings and will be based in Alpharetta,…

M Split Corp. Monthly Dividend Declared for Class I Preferred Shares

December 20, 2021

–M Split Corp. declares its monthly distribution of $0.03125 per share for Class I Preferred shareholders. Distributions are payable January 10, 2022 to shareholders on record as at December 31, 2021. M Split invests in common shares of Manulife Financial Corporation, the largest life insurer in Canada offering financial products and wealth management…

Athene to Acquire Petros PACE Finance, a Leading Provider of Commercial Property Assessed Clean Energy (C-PACE) Financing

December 20, 2021

–Athene Holding Ltd., an industry-leading financial services company focused on retirement savings solutions, today announced it has entered into a definitive agreement to acquire Petros PACE Finance, LLC, a leading provider of Commercial Property Assessed Clean Energy financing to owners and developers of commercial properties throughout the United…

CloudCover® Continues to Move Into a New Era of CyberSafety with the Launch of CloudCover’s Cyber Liability and Information Systems Business Interruption Insurance Offering

December 20, 2021

CloudCover’ s $1 Million Ransomware Warranty was launched in September 2021. Through its CCCL insurance, CloudCover will issue a $1 million cover per occurrence and a $10 million aggregate policy. Similar to the CCCL coverage, CloudCover will also issue $1 million coverage per occurrence and a $10 million aggregate policy for its ISBI coverage.

Marpai, Inc. Insiders Buy $1.1 Million of Common Stock

December 20, 2021

Marpai, Inc., a deep learning technology company transforming third party administration in the self-funded health insurance market, today announced the Company’ s management and directors purchased $1.1 million of Marpai common stock. Marpai, Inc. is a technology company delivering an AI-powered alternative to traditional TPAs in the self-funded…

Orion180 Closes the Year with Over $150,000 in Donations Through its "Star Outreach Program," A Charitable Initiative To Support Nonprofit Organizations Across The Southeast

December 20, 2021

–Orion180, a homeowners insurance provider leveraging advanced technology to serve independent insurance agents in the Southeastern U.S., today announced that this December, it is donating $90,000 to various charitable organizations through the company's "Star Outreach Program," which provides support to local communities across the Southeast.

Doma Brings Machine Learning Technology to Approximately 83% of US Residential Real Estate Market

December 20, 2021

Doma Holdings, Inc., a leading force for disruptive change in the real estate industry, announced the expansion of the Doma Intelligence platform in the States of Washington, Utah, Maine, Tennessee, and Mississippi and the Commonwealth of Kentucky bringing its total coverage of the residential real estate market in the United States to approximately 83…

Advicenne announces positive opinion from the French Transparency Commission (HAS) for its drug SibnayalTM in dRTA

December 20, 2021

A dvicenne announces positive opinion from the Fr ench Transparency Commission for its drug Sibnayal TM in dRTA. Sibnayal TM eligible for reimbursement by the French public health insurance system ASMR IV: Recognition of th e contribution of Sibnayal TM in the treatment of dRTA Paris, France, 20 December 2021– 7: 00 am CEST– Advicenne, a specialty pharmaceutical…

ARGO GROUP INTERNATIONAL HOLDINGS, LTD. FILES (8-K) Disclosing Regulation FD Disclosure, Financial Statements and Exhibits

December 20, 2021

The Company issued a press release dated December 20, 2021, announcing the entry into an agreement to sell its Malta business operations, ArgoGlobal Holdings Ltd. and its subsidiaries, to Riverstone Holdings Limited, an industry-leading acquirer and reinsurer of legacy and discontinued insurance businesses. The closing of the transaction is subject to…

Kentucky police warn of scammers posing as FEMA, Red Cross after deadly tornadoes [Lexington Herald-Leader]

December 20, 2021

State police warned the public about scammers trying to make money off disaster victims and reminded people that FEMA and the U.S. Small Business Administration never charge money for disaster help. "These individuals may be posing as FEMA representatives, American Red Cross workers, insurance adjusters, contractors for debris removal, or general…

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