2025 JUL 17– By a News Reporter-Staff News Editor at Insurance Daily News– Researchers detail new data in Cardiovascular Research. This procedure has been covered by health insurance reimbursement in the United Kingdom, the United States of America, and Japan.”. Our news journalists obtained a quote from the research from Mitsui Memorial Hospital,“ This is the…
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Senate Republicans are warning President Trump that it would be a big mistake to follow through on his threat to fire Federal Reserve Chair Jerome Powell, saying it would likely send a "shock wave" through the financial markets and roil the broader economy. GOP senators, including lawmakers closely allied with Trump, warn that any move to oust Powell would…
2025 JUL 17– By a News Reporter-Staff News Editor at NewsRx COVID-19 Daily– Researchers detail new data in Coronavirus- COVID-19. Our news editors obtained a quote from the research from the Federal Reserve Bank of Philadelphia,“ This paper uses recent loan data, including that from the Covid-19 pandemic period, and finds that a proprietary loan rating system…
Aspen Insurance Holdings Limited has appointed John Welch as Group Chief Underwriting Officer. John brings over 30 years of experience in executive roles across global players including at AXA XL and XL Catlin Group, and originally joined Aspen as Chief Underwriting Officer, Reinsurance in June 2023. Aspen provides insurance and reinsurance coverage to…
Andy Oldenburg has joined Alliant Insurance Services as Senior Vice President within its Alliant Americas division. Oldenburg earned his bachelor’ s degree in political science from the University of Montana and attended Lewis& Clark Law School. Alliant Insurance Services marks a century of success as the nation’ s leading specialty broker.
The negative outlooks for the company reflect the pressure applied on its balance sheet strength caused by the influence of the rating unit’s holding company coupled with the macroeconomic challenges in Argentina. Reunion Re initiated operations in Bueno Aires, Argentina in 2012. The company operates through a network of brokers and direct distribution…
“This puts us in a very difficult position,” said Peter Johnson, president of Anthony Lakes Outdoor Recreation Association, the nonprofit that owns the ski area in the Elkhorn Mountains about 35 miles northwest of Baker City. Anthony Lakes, which had previously bought liability insurance from Safehold, switched to a different company, Mountain Guard, in 2024,…
AM Best has upgraded the Financial Strength Rating to B++ from B+ and the Long-Term Issuer Credit Rating to“ bbb” from“ bbb-” of the members of Bankers Insurance Group. The group members are Bankers Insurance Company and its property/casualty subsidiaries, Bankers Specialty Insurance Company and First Community Insurance Company. The outlook of these Credit…
Health plan trustees at a Minneapolis- based construction workers union are suing a subsidiary of UnitedHealth Group for paying more than $4 million for costly weight-loss drugs, depleting union funds even though the medicines were allegedly not covered by the health plan. Trustees of the Operating Engineers Local 49 Health and Welfare Fund brought the…
AM Best has assigned a Long-Term Issuer Credit Rating of“ bbb+” to Fontana Holdings L.P. The outlook assigned to this Credit Rating is stable. Concurrently, AM Best has affirmed the Financial Strength Rating of A and the Long-Term ICRs of“ a+” of Fontana Reinsurance U.S. Ltd. and Fontana Reinsurance Ltd., which are subsidiaries of Fontana Holdings L.P. The outlook of…
Big economic factors contributed to the slowdown: A surge in inflation, arising from the unexpectedly strong economic recovery from COVID-19, raised factory expenses and prompted the Federal Reserve to raise interest rates 11 times in 2022 and 2023. But the factory investment spree has faded as the incoming Trump administration launched trade wars and,…
Face-to-face SUD outreach model reaches those left behind by traditional healthcare 65% of members engaged through new model currently in treatment The new program builds upon an existing corporate relationship, driving meaningful improvements in health outcomes. WILMINGTON, Del., July 17, 2025/ PRNewswire-PRWeb/– Highmark Health Options, the state's…
Assistant superintendent Nathan Downs said during Wednesday's school board meeting that the district's health insurance provider approached him with the potential to partner with National Telehealth Solutions. The program is headquartered in Ohio and employs 28,171 licensed counselors. He said the district was offered a three-year funding…
Former state House Speaker Scott Saiki is now Hawaii's insurance commissioner. Jerry Bump, who became acting insurance commissioner in February following the retirement of longtime Hawaii insurance commissioner Gordon Ito, has now returned to his prior role as chief deputy insurance commissioner. Public interest attorney and former state Board of…
Insurance Provider Offers Guidance to Help Homeowners Avoid Costly Repairs During Hail Season. LOS ANGELES, July 17, 2025/ PRNewswire-PRWeb/– Mercury Insurance is helping homeowners prepare for hail season with simple, proactive tips to protect their homes and avoid costly repairs. "Many homeowners don't realize how vulnerable their property can be until…
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a+” of Atradius Crédito y Caución S.A. de Seguros y Reaseguros, Atradius Trade Credit Insurance, Inc. and Atradius Seguros de Crédito, S.A., which are the main operating subsidiaries of Atradius N.V., the non-operating holding company. The ratings of ACyC, ATCI and…
AM Best has revised outlooks to positive from stable and affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of“ bbb+” of Farm Mutual Reinsurance Plan Inc.. Farm Mutual Re was established in 1959, is the exclusive reinsurer for 43 members in Canada and accepts each insurer’ s entire reinsurance program. Customers in this segment are…
AM Best has affirmed the Financial Strength Rating of A- and Long-Term Issuer Credit Ratings of“ a-” of Everspan Indemnity Insurance Company and its affiliates, collectively referred to as Everspan Group. The outlook of these Credit Ratings is stable. Everspan Group provides services for a diverse mix of managing general agents aligned with highly rated…
AM Best has upgraded the Financial Strength Rating to A from A- and the Long-Term Issuer Credit Rating to“ a” from“ a-” of Al Ahleia Insurance Company S.A.K.P.. The outlook of these Credit Ratings has been revised to stable from positive. The company has reported improving pre-tax profits over the past five years, reaching KWD 25.9 million in 2024, equivalent to a…
