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Commentary: Inflation, high interest rates can be bad for borrowing but good for saving

December 19, 2023

With inflation sky high this past year, the Federal Reserve has steadily increased interest rates, with rates now at a 22- year high. Higher interest rates have made the cost of borrowing money rise, but at the same time has made saving money a strong investment. But you have to be proactive to get the benefits of the current rates.

Military Officers Association: Why Quality Medicaid Coverage Matters to Military-Connected Children

December 19, 2023

WASHINGTON, Dec. 18– The Military Officers Association of America issued the following news:. MOAA's ongoing work to ensure military-connected kids receive the health care they need includes signing a recent open letter, led by the TRICARE for Kids Coalition, urging policymakers to continue prioritizing and strengthening Medicaid for children.

EFG Companies: It’s Time for Retailers and Lenders to Get Back to Basics for a Successful 2024

December 19, 2023

EFG Companies recommends a‘ return to the basics’ in 2024 to offset revenue headwinds driven by high interest rates, inflated vehicle pricing, and margin pressures. Applying its proven, profit-driving track record in finance and insurance, company leaders recommend that retail automotive and powersports leaders focus on reinsurance positions, succession…

The Hanover Insurance Group, Inc. to Issue Fourth Quarter Financial Results on January 31

December 19, 2023

–The Hanover Insurance Group, Inc. expects to issue its fourth quarter and full-year financial results after the market closes on Wednesday, January 31, 2024. 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.

SPENN Technology and NHIMA Partnership: A Leap Forward in Financial and Healthcare Inclusion in Zambia

December 19, 2023

SPENN Technology and NHIMA Partnership: A Leap Forward in Financial and Healthcare Inclusion in Zambia Press Release| 12/19/2023. SPENN Technology, a pioneer in fintech solutions across Africa, is thrilled to announce its strategic partnership with the National Health Insurance Management Authority of Zambia. This Governmental partnership in Zambia…

Centers for Medicare & Medicaid: Biden-Harris Administration Releases New Medicaid and CHIP Renewal Data Showing the Role State Policy Choices Play in Keeping Kids Covered

December 19, 2023

Department of Health and Human Services' Centers for Medicare and Medicaid Services issued the following news release on Dec. 18, 2023:. Today, the U.S. Department of Health and Human Services released new data on state Medicaid and Children's Health Insurance Program enrollment changes among children and youth since full eligibility renewals for these…

SPENN Technology and NHIMA Partnership: Advancing Financial and Healthcare Inclusion in Zambia

December 19, 2023

SPENN Technology and NHIMA Partnership: Advancing Financial and Healthcare Inclusion in Zambia Press Release| 12/19/2023. SPENN Technology is excited to announce a new partnership with the National Health Insurance Management Authority in Zambia. Current Payment Methods in Zambia.

Shift Technology Debuts Integrated Case Management for Claims Fraud Detection

December 19, 2023

New AI-powered Capabilities Support Major Case and Individual Investigations. BOSTON and PARIS, Dec. 19, 2023/ PRNewswire/– Shift Technology, a provider of AI-powered decision optimization solutions for the global insurance industry, today announced the availability of case management for claims fraud detection. According to the Coalition Against…

Master Holiday Travel Chaos With Travel Insurance

December 19, 2023

–The holidays are officially geared up this week, but the unpredictability of travel can often lead to stress and unexpected costs. "Travel insurance is one of the best ways to protect your travel expenses and decrease stress during the hectic holiday travel season," says Terry Boynton, co-founder and president of Yonder Travel Insurance. Lauderdale. Missed…

Connecticut counselor charged with filing hundreds of fraudulent Medicaid claims

December 19, 2023

Dec. 19— NEW CANAAN— A Stamford counselor living in town was arrested on Monday for allegedly filing hundreds of fraudulent Medicaid claims, officials say. In a release, the state's attorney's office said Andrew Golden, 55, was arrested by inspectors from the Medicaid Fraud Control Unit and charged with one count each of first-degree larceny by defrauding a…

Duck Creek Technologies Adds Lloyd’s of London Integration to its Reinsurance Cloud Platform

December 19, 2023

Lloyd’ s of London demands their members to have robust outwards reinsurance strategies with appropriate systems, controls, procedures, and expertise to enable the effective management of outwards reinsurance purchasing and recoveries. “Duck Creek’ s LORS integration demonstrates our commitment to the London reinsurance market. As we build upon over three…

The First ESG Disclosure Guidance for China's Insurance Industry Released With Significant Contributions from Ping An

December 19, 2023

HONG KONG and SHANGHAI, Dec. 19, 2023/ PRNewswire/– Ping An Insurance Company of China, Ltd. announced that it was represented by Richard Sheng, Secretary of the Board of Directors of Ping An Group, at the launch of the Guidance for Disclosure of Environmental, Social and Governance Information for Insurance Institutions, hosted by the Insurance Association of…

SHL Telemedicine and BARMER to Highlight Digital Patient Care at BMC Congress 2024

December 19, 2023

TEL AVIV, Israel& ZURICH& NEW YORK—- SHL Telemedicine Ltd., a leading provider and developer of advanced personal telemedicine solutions, is pleased to announce its participation as a platinum sponsor at the BMC Congress 2024 in Berlin, scheduled for January 30th to 31st. In a significant collaboration with BARMER, one of the leading public health insurance…

The First ESG Disclosure Guidance for China's Insurance Industry Released With Significant Contributions from Ping An

December 19, 2023

Ping An Insurance Company of China, Ltd. announced that it was represented by Richard Sheng, Secretary of the Board of Directors of Ping An Group, at the launch of the Guidance for Disclosure of Environmental, Social and Governance Information for Insurance Institutions, hosted by the Insurance Association of China. Following its involvement in the Guidance…

New Mexico Medicaid ensures continuous health coverage for children from birth to age 6

December 19, 2023

"With Medicaid covering 75 percent of all births in New Mexico, this achievement is a monumental milestone, offering significant support to 92, 842 children in the state," said Kari Armijo, Cabinet secretary for the New Mexico Human Services Department. This expansion is a significant step to fostering family wellness and child development from the comfort of…

Feds ‘deeply alarmed’ as more Texas kids lose Medicaid than any other state

December 19, 2023

The U.S. Secretary of Health and Human Services said he was“ deeply alarmed” at the hundreds of thousands of children in Texas who have been removed from the state’ s Medicaid program since April. In Texas, almost everyone who qualifies for Medicaid is a child, a pregnant or postpartum mom, or a person with a disability. In Texas and other states, advocates have said the…

PAAMC HK Clinches 2023 BENCHMARK and Hong Kong International ESG Ranking Awards

December 19, 2023

–Ping An of China Asset Management Company Limited, the offshore asset management arm of the Ping An Insurance Company of China, Ltd., recently announced that it has earned recognitions and bagged two prestigious awards from the 2023 Benchmark Fund of the Year Awards and the 2023 Hong Kong International ESG Ranking. Ping An of China Asset Management Fund- China…

Paul Merchants unify with Bajaj Allianz General Insurance

December 19, 2023

–Paul Merchants is a renowned NBFC based in Chandigarh that has conjoined with Bajaj Allianz General Insurance, one of India's leading private general insurers, to provide their customers with General insurance products. Paul Merchants serves customers from semi-urban to rural India by providing them with affordable and best insurance policies.

CT health insurance industry says it's working with hospitals following criticism from ECHN's CEO [Journal Inquirer, Manchester, Conn.]

December 18, 2023

Dec. 18— In the letter, Weymouth criticized the state's health care insurance industry for not easing some of the immediate burden on ECHN's Rockville General and Manchester Memorial hospitals, which were in dire financial condition, as was Waterbury Hospital, which is also intended to be sold to Yale New Haven Health. Susan Haplin, executive director of the…

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