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Burlington firefighters could get 9% pay raise under new union contract [The Journal Times, Racine, Wisc.]

December 19, 2023

Dec. 19— BURLINGTON— Firefighters would see their pay increase by 9% but would face higher health insurance premiums under a proposed union contract settlement with the City of Burlington. The Burlington City Council is scheduled Tuesday to consider a three-year deal with Racine Professional Firefighters 321, which represents organized employees of the…

Your Local Calendar of Events

December 19, 2023

Amityville 19 John Street, 631-264-0567· Library closed for Christmas Eve and Christmas Day, December 24 and December 25· NYS of Health Marketplace Health Insurance Assistance: Wednesday, December 27, 12 p.m. Are you looking for health insurance? ·Library closed for New Year's Eve and New Year's Day, December 31, 2023, and January 1, 2024 Copiague 50 Deauville Blvd.,…

Study Findings on Sensor Research Discussed by a Researcher at Changchun Sci-Tech University (A Blockchain and IPFS-Based Anticounterfeit Traceable Functionality of Car Insurance Claims System): Technology – Sensor Research

December 19, 2023

2023 DEC 19– By a News Reporter-Staff News Editor at NewsRx Policy and Law Daily– Investigators publish new report on sensor research. According to news originating from Changchun, People’ s Republic of China, by NewsRx correspondents, research stated,“ Due to frequent traffic accidents around the world, people often take out car insurance to mitigate their…

AM Best Affirms Credit Ratings of Elevance Health, Inc. and Its Subsidiaries

December 19, 2023

AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a+” of the core Blue Cross Blue Shield- branded insurance subsidiaries of Elevance Health, Inc., as well as its life insurance subsidiaries. These companies collectively are referred to as Anthem Health. The ratings of Anthem Health reflect its balance sheet…

Prudential awarded $9.2 billion international longevity risk transfer mandate by NN Life, expanding Prudential Institutional Retirement Strategies into The Netherlands

December 19, 2023

Prudential Financial, Inc. today announced that its subsidiary entered into a $9.2 billion 1 longevity risk transfer agreement with NN Life, a subsidiary of NN Group. “Prudential is proud to support NN Life through this transaction, and we are excited to expand the presence of our Institutional Retirement Strategies business into The Netherlands,” said…

Researcher at Drexel University Zeroes in on COVID-19 (The Impacts of the COVID-19 Pandemic on Receipt of Needed Medical Care and At-Home Support among U.S. Households Receiving Supplemental Security Income and Social Security Disability …): Coronavirus – COVID-19

December 19, 2023

2023 DEC 19– By a News Reporter-Staff News Editor at NewsRx COVID-19 Daily– A new study on COVID-19 is now available. According to news reporting originating from Philadelphia, Pennsylvania, by NewsRx correspondents, research stated,“ More than 8.1 million Americans with disabilities qualify for Supplemental Security Income or Social Security Disability…

Council of the European Union: 12th Package of Sanctions on Russia's War of Aggression Against Ukraine – Additional 61 Individuals and 86 Entities Included in the EU's Sanctions List

December 19, 2023

Furthermore, restrictive measures will apply to important economic actors: AlfaStrakhovanie Group, one of the biggest insurance companies in Russia, Rosfinmonitoring, the Federal Service for Financial Monitoring, four telecom companies in the territories of Ukraine that Russia has temporarily occupied: LLC Mirtelecom, LLC SC Lyukstrans, JSC Krymtelecom,…

HCI Group Insurance Subsidiary Assumes $30 Million of In-Force Premium from Citizens, Consolidated In-Force Premium Reaches $1 Billion

December 19, 2023

–HCI Group, Inc., a holding company with operations in homeowners insurance, information technology services, real estate, and reinsurance, announced today that its majority owned subsidiary, TypTap Insurance Company, has successfully assumed approximately $30 million of in-force premium from Citizens Property Insurance Corporation, Florida’ s…

EPG Insurance is Now Assurant Commercial Equipment

December 19, 2023

ATLANTA, Dec. 19, 2023- Assurant, Inc., a leading global business services company that supports, protects, and connects major consumer purchases like automobiles, as well as commercial equipment, announced today that EPG Insurance, which Assurant acquired in 2020, will be rebranded as Assurant Commercial Equipment. "Since onboarding the EPG team, Assurant has…

KKR Income Opportunities Fund Q3 2023 Investor Call Now Available

December 19, 2023

KKR Income Opportunities Fund Q3 2023 Investor Call Now Available. Tom Hobby and Richard Schoenfeld hosted the call and provided market color and portfolio updates for the third quarter of 2023. Richard Schoenfeld is a Director and a senior investment professional on the KKR U.S. Leveraged Credit Team and Tom Hobby is a Principal and member of KKR's Global…

Feds concerned after 360k Florida kids lose Medicaid, CHIP coverage

December 19, 2023

New figures show that 360,000 fewer Florida children were enrolled in subsidized health insurance plans this fall than earlier in the year, leading federal officials to blast the state for its management of Medicaid and the Children "s Health Insurance Program. Becerra urged Florida and eight other states with the nation "s largest coverage losses to make it…

Art Insurance Market to Eyewitness Massive Growth : Allianz, Axa, Chubb

December 19, 2023

The growth of the Art Insurance market was mainly driven by the increasing R&D spending across the world. Some of the major key players profiled in the study are: Axa S.A., Chubb Limited, Allianz SE, American International Group, Inc., Ping An Insurance, China Pacific Insurance Company, TATA AIG, Progressive Corporation, The Travelers Companies, Inc., HDFC ERGO…

Motor Vehicle Liability Insurance Market Is Booming Worldwide : Liberty Mutual, Chubb, State Farm, Allstate

December 19, 2023

The growth of the Motor Vehicle Liability Insurance market was mainly driven by the increasing R&D spending across the world. Major players profiled in the study are: State Farm, Allstate, USAA Insurance Group, Chubb Limited, Liberty Mutual, The Travelers Companies, Edelweiss, Zurich Insurance Group, HDFC ERGO General Insurance Company, Berkshire Hathaway,…

Serial Entrepreneur Chanel E. Martin Offers Healthcare for Small Business Owners Through Kingdom Business Network

December 19, 2023

–Serial entrepreneur Chanel E. Martin and Clearwater Health launch Kingdom Business Network Healthcare to transform healthcare accessibility for small business owners and independent contractors. Clearwater Health is a one-stop destination for all healthcare needs, including Healthshare plans, Major Medical insurance, and supplemental options such…

Private Health Insurance Premiums Reach A Record High of $7008/year in 2024

December 19, 2023

–With Open Enrollment underway, a new ValuePenguin.com analysis has found that in 2024, Americans will spend a record $584 per month, or $7,008 per year on health insurance, if they purchase a private Health Insurance plan on the marketplace. Every type of private health plan will see premiums increase in 2024. Platinum& Gold tier plans, along with HMO& PPO plans,…

AM Best Affirms Credit Ratings of Employers Holdings, Inc. and Its Subsidiaries

December 19, 2023

AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Ratings of“ a-” of Employers Preferred Insurance Company and its pooled affiliates, collectively referred to as Employers Insurance Group. Concurrently, AM Best has affirmed the Long-Term ICR of“ bbb-” and the indicative Long-Term Issue Credit Ratings of Employers Holdings,…

AXA XL and EPIC-Oversea Insurance Agency collaborate on specialized insurance coverage for Marine Artisans in the US

December 19, 2023

–AXA XL and Oversea Insurance Agency, an EPIC Company, are teaming up to provide fast, easy, and specialized Marine General Liability insurance coverage for Marine Artisans in the U.S.. According to Allison Jolls, AXA XL's Product Director for Marine Liabilities, "Marine Artisans are the backbone of the ship repair industry. Many ship repair facilities require…

A possible tool to 'change the economics' of insurance

December 19, 2023

When homeowners insurance rates started to soar and insurers began to flee coastal Alabama a decade ago, leaders there set out to try to "change the economics," as a top official from that state's Department of Insurance put it. And so Alabama created a grant program to help close the gap. The Insurance Institute for Business& Home Safety has certified roughly…

Mercury Insurance Offers Winter Safety Guide to Navigate Rain and Snow

December 19, 2023

–Winter road trips can be an exciting adventure, yet they are not without risks. Drivers must remain vigilant and prepared for any potential hazards such as rain, snow, ice, wind, or the combination of all four. "Driving during winter months comes with significant responsibility and caution," said Kevin Quinn, Vice President of Auto Claims at Mercury Insurance.

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