Gerald Zimmerman, a government relations representative at Allstate, shared a bold claim during a public hearing Tuesday: If the Department of Insurance approves a series of rule changes, the company would end its pause on issuing new homeowner policies in California. And it would immediately start writing coverage again“ in nearly every corner” of the state.
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Gerald Zimmerman, a government relations representative at Allstate, shared a bold claim during a public hearing Tuesday: If the Department of Insurance approves a series of rule changes, the company would end its pause on issuing new homeowner policies in California. And it would immediately start writing coverage again“ in nearly every corner” of the state.
Apr. 24— Since the expiration of COVID-19-related provisions requiring states to keep residents enrolled in Medicaid, an estimated 2.1 million Texans have lost their coverage. Texas has by far the highest number of uninsured in the country and has removed significantly more individuals from coverage than any other state, information from the Perryman Group…
Gerald Zimmerman, a government relations representative at Allstate, shared a bold claim during a public hearing Tuesday: If the Department of Insurance approves a series of rule changes, the company would end its pause on issuing new homeowner policies in California. And it would immediately start writing coverage again“ in nearly every corner” of the state.
—Doctors, hospitals and health insurance companies in California will be limited to annual price increases of 3% starting in 2029 under a new rule state regulators approved Wednesday in the latest attempt to corral the ever-increasing costs of medical care in the United States. Democrats who control California's government say that's too much, especially…
2024 APR 24– By a News Reporter-Staff News Editor at Insurance Daily News– A patent application by the inventor TIDBALL, Christopher, filed on September 29, 2023, was made available online on April 4, 2024, according to news reporting originating from Washington, D.C., by NewsRx correspondents. This patent application has not been assigned to a company or…
2024 APR 24– By a News Reporter-Staff News Editor at Insurance Daily News– Data detailed on Risk Management have been presented. For more information on this research see: Public Spending for Agricultural Risk Management: Land Use, Regional Welfare and Intra-subsidy Substitution. Food Policy, 2024; 123. Food Policy can be contacted at: Elsevier Sci Ltd, The…
2024 APR 24– By a News Reporter-Staff News Editor at Insurance Daily News– According to news reporting originating from Alexandria, Virginia, by NewsRx journalists, a patent by the inventors Lewis-Weber, Justin, Patt, Theo, filed on October 13, 2021, was published online on April 2, 2024. The assignee for this patent, patent number 11948201, is Assured Insurance…
2024 APR 24– By a News Reporter-Staff News Editor at Insurance Daily News– New research on Dialysis- Hemodialysis is the subject of a report. According to news reporting out of Santa Catarina, Brazil, by NewsRx editors, research stated,“ Brazil has one of the world’ s highest numbers of patients on hemodialysis. Our news journalists obtained a quote from the research…
Porch Group, Inc., a homeowners insurance and vertical software platform, today announced it will report financial results for the first quarter ended March 31, 2024, after markets close on Wednesday, May 8, 2024. Porch management will host a live webinar to discuss the financial results and business followed by Q&A on Wednesday, May 8, 2024, at 5:00 p.m. Eastern…
AM Best has affirmed the Financial Strength Rating of B+ and the Long-Term Issuer Credit Rating of“ bbb-” of Interamericana de Fianzas y Seguros, S.A.. IFS develops its business inside Panama and has a diversified portfolio mainly focused in the surety line of business, in addition to property/casualty and life business. IFS’ very strong balance sheet strength…
–F&M Bank, an Archbold, Ohio- based bank owned by Farmers& Merchants Bancorp, Inc. announced that Mark Hutchinson has joined F&M as Treasurer.. Lars Eller, President and Chief Executive Officer said,“ Mark has an extensive background in asset and liability management, interest rate risk, liquidity, funds transfer pricing, budgeting, and forecasting.
–First Mid Bancshares, Inc. today announced its financial results for the quarter ended March 31, 2024. Net income of $20.5 million, or $0.86 diluted EPS Adjusted net income of $22.3 million, or $0.93 diluted EPS Strong asset quality performance with minimal net charge offs and lower classifieds Insurance revenues drive record high quarter of noninterest…
First American Financial Corporation, a premier provider of title, settlement and risk solutions for real estate transactions and the leader in the digital transformation of its industry, today announced financial results for the first quarter ended March 31, 2024. Earnings per diluted share of $0.45, or $0.45 per share on an adjusted basis Total revenue of…
SANTA ANA, Calif., April 24, 2024- First American Financial Corporation, a premier provider of title, settlement and risk solutions for real estate transactions and the leader in the digital transformation of its industry, today announced financial results for the first quarter ended March 31, 2024. Current Quarter Highlights Earnings per diluted share of…
–Arthur J. Gallagher& Co. today declared a regular quarterly cash dividend of sixty cents per share on the Common Stock of the Company, payable on June 21, 2024 to Stockholders of Record as of June 7, 2024. Arthur J. Gallagher& Co., a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois.
–Univest Financial Corporation, parent company of Univest Bank and Trust Co. and its insurance, investments and equipment financing subsidiaries, announced net income for the quarter ended March 31, 2024 was $20.3 million, or $0.69 diluted earnings per share, compared to net income of $21.0 million, or $0.71 diluted earnings per share, for the quarter ended…
–Today, Dialysis Patient Citizens Board President Andrew Conkling issued the following statement on the passing of Rep. Rep. Payne received dialysis treatment, advocated for better care and insurance coverage for dialysis patients, and spoke at a DPC advocacy event in Washington, DC. "We are deeply saddened to learn of the passing of Congressman Payne, who was a…
Community Health Systems, Inc. today announced financial and operating results for the three months ended March 31, 2024. Net operating revenues totaled $3.140 billion. Net loss attributable to Community Health Systems, Inc. stockholders was$ million, or$ per share, compared to$ million, or$ per share, for the same period in 2023. Excluding the adjusting items as…
