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April 24, 2024

Medicare recipients are putting off care more than other insured adults as costs rise

QMedic analyzed data from the Commonwealth Fund's 2023 Health Care Affordability Survey to illustrate how many Americans are putting off health care due to cost. Half of all working adults surveyed by the Commonwealth Fund reported that it was "very or somewhat difficult to afford their health care" costs, including those with employer-sponsored health…

Wife of Par Funding founder pleads guilty to hiding millions in tax fraud case

April 24, 2024

Lisa McElhone, 44, of Philadelphia, told a federal judge Monday that she dodged taxes owed in Pennsylvania by lying on tax forms about where she and her husband lived. Though they spent most of their time at their $2.5 million Haverford home and, in his case, working out of Par Funding's Old City offices, the couple claimed to be residents of Florida, which has no state…

Santa Fe's 'mini-Madoff' to serve four years in federal prison on fraud charges

April 24, 2024

Apr. 23— ALBUQUERQUE— An unregistered Santa Fe investment adviser dubbed a "mini-Madoff" by his victims was sentenced Tuesday to four years in federal prison for securities and wire fraud tied to a Ponzi scheme that played out over two decades. Douglas Lien, 82, also will have to pay nearly $5 million to 23 living victims who requested restitution and serve three…

CATCo Reinsurance Opportunities Fund Ltd- 2023 Annual Financial Report

April 24, 2024

This page provides announcements from The Bermuda Stock Exchange and regulatory news filings by issuers listed on the BSX. Please note the BSX is not responsible for the content, accuracy or completeness of announcements filed by issuers and disclaims all liability for any loss arising from reliance on information contained within issuer announcements….

Great American Insurance Group Announces the Formation of a Dedicated Team to Expand its Embedded Insurance Offerings

April 24, 2024

Great American Insurance Group is pleased to announce the formation of a dedicated embedded insurance team. For additional information, visit our website, or email Chris Banocy at [email protected] or Darnella Schutzman, Divisional Assistant Vice President, at [email protected]. About Great American Insurance Group.

CareSource names Fred A. Schulz Chief Operating Officer

April 24, 2024

–CareSource, a nationally recognized nonprofit managed care organization, announced today the appointment of Fred A. Schulz to Chief Operating Officer. He is a member of the company’ s executive leadership team and reports to CareSource President and CEO Erhardt Preitauer. In this role, Schulz will leverage his vast experience in government health care…

Alaffia Health Raises $10M to Supercharge Health Plan Operations With Generative AI

April 24, 2024

–Alaffia Health, the leader in generative AI for health plan claim operations, today announced $10 M in Series A funding, bringing its total amount of capital raised to $17.6 M. The round was led by FirstMark Capital, with participation from GingerBread Capital and existing investors including Anthemis, Aperture Venture Capital, 1984 Ventures, Remarkable…

Savvy Senior: Healthy travel tips for older travelers

April 24, 2024

What tips can you offer retirees with health issues who are planning some trips? If you're traveling abroad, the U.S. consulate or embassy in the countries you're visiting is a good place to get a referral. Or use the International Society of Travel Medicine's directory at ISTM.org.

Calculate What Convr AI® Can Do for You with the New ROI Calculator

April 24, 2024

CHICAGO, April 24, 2024/ PRNewswire-PRWeb/– Convr AI ®, the leading artificial intelligence company serving commercial insurance organizations is enabling underwriting leaders to take the future of their underwriting operations into their own hands by empowering them to calculate their ROI opportunities with Convr AI. "Our online ROI calculator gives a…

Healthcare Sector Leaders Call for Connectivity to Boost Patient Outcomes, Cut Costs

April 24, 2024

According to M-Tiba Managing Director Pieter Prickaerts, technological advancement in the healthcare sector will not only ensure transparency in health coverage but will also increase insurance uptake. According to the managing director of Wingspan consultancy, Catherine Bosire, the country's healthcare sector lacks adequate expertise in the AI…

Flow Specialty Emerges from Capitola Insurance Rebrand with New Leadership and Enhanced Capabilities

April 24, 2024

MOUNTAIN VIEW, Calif., April 24, 2024/ PRNewswire-PRWeb/– Today, the venture-backed Capitola Insurance has been newly rebranded to Flow Specialty, setting a new standard in the specialty wholesale insurance market. Professional Liability Insurance: Broad access across various markets catering to companies with challenging renewal scenarios, legal…

Berkshire Hathaway Specialty Insurance Welcomes Hart Humble as Head of Customer & Broker Engagement, South Central U.S.

April 24, 2024

Berkshire Hathaway Specialty Insurance today announced that it has appointed Hart Humble to the newly created role of Head of Customer& Broker Engagement for the South Central U.S. Berkshire Hathaway Specialty Insurance provides commercial property, casualty, healthcare professional liability, executive and professional lines, transactional…

ACNB CORPORATION ANNOUNCES SECOND QUARTER CASH DIVIDEND – Form 8-K

April 24, 2024

ACNB CORPORATION ANNOUNCES SECOND QUARTER CASH DIVIDEND GETTYSBURG, PA, April 24, 2024— ACNB Corporation, financial holding company for ACNB Bank and ACNB Insurance Services, Inc., announced today that the Board of Directors approved and declared a regular quarterly cash dividend of $0.32 per share of ACNB Corporation common stock payable on June 14, 2024, to…

AM Best Revises Issuer Credit Rating Outlook to Positive for Southern Farm Bureau Life Insurance Company

April 24, 2024

AM Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Rating and affirmed the Financial Strength Rating of A+ and the Long-Term ICR of“ aa-” of Southern Farm Bureau Life Insurance Company. The outlook of the FSR is stable. In addition, operating results are supported by the company’ s favorable market position in Farm Bureau…

OUR HEALTH CARE SYSTEMS IS BROKEN, AND IT'S GETTING WORSE FOR DECADES, HEALTH PROFESSIONALS AND PROGRESSIVE POLITICIANS HAVE SOUGHT UNIVERSIAL HEALTH CARE, BUT PROPOSALS HAVE LANGUISHED

April 24, 2024

The New York Times last month devoted a lengthy obituary to Dr. "He declared that the answer was for Congress to establish government-run universal health insurance, modeled after the successful existing systems in Britain, Canada and China. "I am particularly anxious to reach those who are so callous as to accept the prospect of two-class medicine in America," he…

ABTA Says Big Increase in Medical Costs Abroad Makes Travel Insurance Even More Essential

April 24, 2024

ABTA- The Travel Association issued the following news release:. The Travel Association is reminding customers travelling overseas to take out travel insurance as soon as they book their trip, after data shows the medical costs travellers without insurance could face have risen substantially since 2019.. In 2019, an air ambulance from the European Union…

MetLife, Inc. 2023 CEO Letter to Shareholders

April 24, 2024

Nearly five years ago, when I began my tenure as President and CEO, MetLife was at an inflection point. We had completed a transformation that materially reduced the market sensitivity of our business. Investors were looking for steady execution against clear strategic choices.

PCF INSURANCE SERVICES SECURES $400 MILLION IN INCREMENTAL FINANCING AS PART OF NEW DELAYED DRAW TERM LOAN

April 24, 2024

–PCF Insurance Services, a top 20 U.S. insurance brokerage, has closed $400 million in incremental debt financing led by Blue Owl, a global alternative asset manager that acted as lead arranger and administrative agent. "This most recent financing is a testament to the strength of our team and commitment to growth and will enable us to further accelerate our M&A…

One80 Intermediaries Announces Launch of Stella Maris, A New Horizon in Watercraft Rental Risk Management for Operators That Use vQuip OS

April 24, 2024

One80 Intermediaries, a specialty insurance broker and program manager, today proudly announces the launch of Stella Maris, a groundbreaking insurance product designed specifically to address the unique needs of standalone watercraft rental businesses. Targeting an array of vessels from boats and jet skis to sailboats, Stella Maris is the first of its…

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