In addition, AM Best has revised the outlooks to positive from stable for the Long-Term ICR and affirmed the Long-Term ICR of“ bbb” and the Long-Term IR of Zenith National Insurance Corp. and Fairfax Inc., both of which are indirectly, wholly owned downstream holding companies of Fairfax.. Concurrently, AM Best has affirmed the Long-Term ICR of“ bbb” of Allied World…
Newswires
–Cowbell Cyber, the leading provider of cyber insurance for small and medium-sized enterprises, today announced the launch of its Cyber Risk Heatmap. Cowbell's continuously monitored risk pool now encompasses 24 million SMEs– 75% of the overall U.S. SME market. "In a world where cyber insurance is becoming harder to obtain due to the volatile nature of cyber…
I have just received a notice from my wind insurer, Maison Insurance Company, that my policy will be canceled on June 29. Editor's Note: Although lawmakers are in special session to address property insurance issues, the state Office of Insurance Regulation approved an agreement earlier this month to allow Maison Insurance Co. and two other firms to cancel…
NEW YORK, May 25– Rainforest Action Network issued the following news release:. At the May 19 annual meeting of Chubb Limited, investors voted against the company's management recommendations in large numbers when it came to climate resolutions, demonstrating that investors are increasingly concerned with Chubb's contribution to the climate crisis.
–MeasureOne, the leading consumer-permissioned data platform, today announced its expansion into home and auto insurance data. With the addition of the insurance domain, MeasureOne continues to expand its unrivaled platform that enables businesses to gain instant access to consumer-permissioned data, including education, employment, income, and…
–Olive, the automation company creating the Internet of Healthcare, announced today that KLAS awarded Olive with its Points of Light recognition for automating the prior authorization process in collaboration with Essentia Health and a leading health insurance company in Florida. The payer and provider perspectives were featured in a collaborative case…
The latest jobs report shows that the U.S. economy continues its rapid recovery from the pandemic crisis. Employers added 428,000 new jobs in April, continuing a now-year-long streak of similarly strong job growth. After surging to a post-World War II high of 14.7% in 2020, unemployment is now down to 3.6%, the lowest level in 50 years.
The SEC's complaint, filed in federal court in Manhattan, alleges that Glassner, a long-time consultant to Kadmon, learned about Kadmon's impending acquisition by global biopharmaceutical company Sanofi S.A. in the course of his engagement to provide acquisition-related consulting services to Kadmon. According to the SEC's complaint, Glassner, within…
WASHINGTON, May 25– Public Citizen issued the following joint news release and letter on May 24, 2022:. Recent changes in Connecticut law recognize that climate change poses a unique risk to insurance companies and vulnerable communities and that management of that risk, particularly through reducing insured and financed emissions, is key to protecting…
The Florida Senate today passed Senate Bills 2 D, Property Insurance, and Senate Bill 4 D, Building Safety, both sponsored by Senator Jim Boyd, Chair of the Senate Committee on Banking and Insurance. The legislation also includes significant anti-fraud and legal reforms to reduce frivolous litigation that drives up costs for insurance companies and…
CHICAGO, Illinois, May 25– The American Medical Association issued the following news release:. Despite mounting evidence that insurer-imposed authorizations for drugs and medical services can be a hazardous and burdensome administrative obstacle to patient-centered care, the health insurer industry continues to show apathetic or ineffectual…
The Railroad Retirement Board issued the following news release:. The Federal Medicare program provides hospital and medical insurance protection for railroad workers and their families, just as it does for workers under social security. Medicare has the following parts:.
PGIM Investments continues to expand its suite of actively managed fixed income ESG funds with the launch of the PGIM ESG Short Duration Multi-Sector Bond Fund. PGIM is the $1.4 trillion global investment management business of Prudential Financial, Inc.. The Fund is managed by an experienced team of PGIM Fixed Income portfolio managers including Gregory…
The text version of this document is not available. Aviva plc published this content on 25 May 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 May 2022 12:32: 37 UTC.
Sherrod Brown, D- Ohio, issued the following news release:. Brown Recently Introduced Legislation that Would Protect the Health Insurance of Striking Workers, U.S. Senators Sherrod Brown, Bob Casey, Richard Blumenthal, Sheldon Whitehouse, Ron Wyden, and Cory Booker introduced the Locked Out Workers' Healthcare Protection Act that would protect the health…
SACRAMENTO, California, May 25– The Judicial Council of California issued the following opinion:. LIFE INSURANCE COMPANY OF NORTH AMERICA et al., Defendants and Appellants. Fiona Trinity sued Life Insurance Company of North America, Zenfira Kadzhikyan and Lucine Nikogosian for discrimination, harassment and wrongful termination.
U.S. Senator Ron Wyden today joined colleagues in introducing legislation that would ensure continued health coverage for workers, even during strikes and lock-outs. The Locked Out Workers Healthcare Protection Act has the support of the American Federation of Labor and Congress of Industrial Organizations, International Union, United Automobile,…
CHICAGO& HELSINKI—- Arturo, the proptech company that delivers intelligent analytics from individual property to portfolio, and ICEYE, a world-leading SAR data provider and expert in natural catastrophe solutions, announced today a partnership that will change what’ s possible with insurance response to flood events. The Arturo- ICEYE combined solution was…
State Farm has cut off its partnership with the GenderCool Project to donate LGBTQ-themed books aimed at children as young as five after a backlash over the program. The goal was to recruit 550 agents and employees nationwide to help "support our communities in having challenging, important and empowering conversations with children Age 5+," said the email by…
