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Fidelity Life: How Do Accidental Death Benefits Work?

January 20, 2022

Accidents are hard to predict, and policyholders' loved ones may need a better safety net than the payout a standard life insurance policy offers. Adding accidental death benefit riders to a life insurance policy can ensure that beneficiaries have the extra financial security they need if the event of the policyholder's unexpected passing.

Oscar Health, Inc. Announces Enhanced Cost Estimator Tool, Improving Cost Transparency for More Members

January 20, 2022

Oscar Health, Inc., the first health insurance company built on a full stack technology platform, announced today that members now have access to its enhanced Cost Estimator Tool as part of an ongoing effort to drive more transparency around medical costs. With this latest product launch, members 1 will have access to an improved tool, with better overall…

Aspen and Ryan Specialty Announce Expanded Trading Relationship

January 20, 2022

Aspen Insurance Holdings Limited is pleased to announce that it has entered into agreement with Ryan Specialty Group to support a diverse international portfolio of delegated underwriting authority business. We are grateful to the Ryan Specialty team for their trust and confidence and for the opportunity to bring this creative solution to bare, and in…

Key Trends and Opportunities in the Global Healthcare Claims Management Market to 2027: Upsurge in Private Health Insurance and Growing Importance of Denials Management

January 20, 2022

–The "Healthcare Claims Management Market- Global Outlook& Forecast 2022-2027" report has been added to ResearchAndMarkets.com' s offering. Artificial Intelligence has transformed various industries across the globe and radically can alter the healthcare field. AI-powered Smart Healthcare Claims Management Advancement of Automated Medical Billing…

Relation Insurance Services, Inc. Acquires the Assets of Ginsberg Agency, LLC

January 20, 2022

Relation Insurance Services, Inc., one of the largest and fastest-growing national insurance agencies, announced today it acquired the assets of New York- based Ginsberg Agency, LLC. About Relation Insurance Services, Inc.. Relation Insurance Services is an insurance brokerage that offers superior risk-management and benefits-consulting services…

battleface Adds Vacation Rental Damage Protection to its Unbundled Travel Insurance Options

January 20, 2022

battleface, the rapidly growing Insurtech company known for designing innovative travel insurance products, has added Vacation Rental Damage to their Discovery Plan benefit options. "We are thrilled to announce the launch of Vacation Rental Damage as the latest product developed with our commitment to customer-centric innovation in mind," said Lisa…

GILLIBRAND LEADS COLLEAGUES IN PUSH TO EXPAND TRICARE COVERAGE OF AT-HOME COVID-19 TESTS FOR SERVICE MEMBERS AND THEIR FAMILIES

January 20, 2022

Letter to DoD Says TRICARE Coverage Should Follow Same Requirements as Biden Administration is Requiring For Those Covered Under Private Insurance. WASHINGTON, D.C.– Today, U.S. Senator Kirsten Gillibrand, chair of the Senate Armed Services Personnel Subcommittee, is announcing her push to expand TRICARE coverage of at-home COVID-19 tests for service…

The Alliance for Health Policy (AHP) – Discussion

January 20, 2022

PARTICIPANTS: Annette James, chairwoman of the American Academy of Actuaries' Health Equity Work Group; Kevin Patterson, CEO of Connect for Health Colorado; JoAnn Volk, research professor at the Center on Health Insurance Reforms; Insurance Reforms; Elizabeth Wroe, principal at Leavitt Partners; and Sarah Dash, AHP president and CEO.

MetLife, Zurich Complete $3.5B Longevity Reinsurance Transaction

January 20, 2022

Metropolitan Tower Life Insurance Company, a subsidiary of MetLife, Inc., announced today it has completed a significant longevity reinsurance transaction involving an unnamed U.K. pension scheme, using an independent U.K. regulated insurer, Zurich Assurance Ltd. as intermediary. Under the terms of the agreement, Metropolitan Tower Life Insurance Company…

Insurtech Startup Honeycomb Raises $15.4MM in Series A Round, Led by Ibex Investors

January 20, 2022

DENVER and TEL AVIV, Israel, Jan. 20, 2022/ PRNewswire/– Honeycomb today announced that it has raised $15.4 million in a Series A funding round led by Ibex Investors. The U.S. and Israel- based company, which only began writing U.S. policies in June of 2021, now operates in four states– Illinois, Arizona, Michigan, and Ohio– with plans this year to launch in ten more states…

AM Best Upgrades ManhattanLife and Affiliated Companies

January 20, 2022

AM Best has upgraded the Financial Strength Rating to B++ from B+ and the Long-Term Issuer Credit Rating to“ bbb” from“ bbb- "of ManhattanLife Insurance and Annuity Company, The Manhattan Life Insurance Company, Family Life Insurance Company and Western United Life Assurance Company. These companies are collectively known as the Manhattan Insurance Group.

Insurance Education Association (IEA) Announces Hire of Brian Allain as Chief Executive Officer.

January 20, 2022

–The Insurance Education Association, a leading provider in professional training programs in workers' compensation, disability management, human resources, and risk management, announces that Brian Allain has been named as Chief Executive Officer. Mr. Allain has more than 20 years of experience in marketing and sales, including over a decade of senior…

Who needs life insurance?

January 20, 2022

Courtesy of Social Security Public Affairs Office. Life insurance is one of many components of estate planning. Statistics from the insurance industry groups Life Happens and LIMRA indicate that 70 percent of Americans consider life insurance a necessity.

FCPH provides weekly vaccination clinic update

January 20, 2022

Fayette County Public Health is offering several opportunities to be vaccinated against COVID-19. Appointments and masks are required for all Fayette County Public Health vaccination clinics. Jan. 24- Moderna 1st or 2nd dose, booster, call 740-335-5910 to schedule.

N.H. State Sen. Ricciardi Issues Statement on Establishing Pilot Program to Lower Health Insurance Costs for Small & Midsize Businesses

January 20, 2022

Denise Ricciardi, R- Bedford, on Jan. 19, 2022:. Senator Denise Ricciardi, issued the following statement today following her introduction of SB 286:. "New Hampshire has some of the highest health insurance premiums in the nation.

John LaCava Named Chief Operating Officer of Jencap Group

January 20, 2022

LaCava currently serves as President and Chief Executive Officer of Jencap Program Administrators, a division of Jencap. "I am excited to partner with Jencap's senior leadership team to further unify the organization operationally and maximize the cross-selling efforts between each of our divisions," stated John LaCava, Chief Operating Officer of Jencap.

January 20, 2022
Americans report varying degrees of recovery from the pandemic, a new poll finds.

Nearly Two-Thirds Of Americans Anxious About 2022 Finances: Survey

As a new year begins, 64% of Americans are feeling anxious about their finances, according to a new survey, with inflation, COVID-19 and career pressure topping the list of concerns.

The Travelers Companies Inc. Looks to Continue to Trade Above its Annual-High Share Price Today

January 20, 2022

Shares of The Travelers Companies Inc. (NYSE:TRV) traded at a new 52-week high today of $168.69. Approximately 1.1 million shares have changed hands today, as compared to an average 30-day volume of 1.3 million shares. Travelers offers a broad product range and participates in both commercial and personal insurance lines. Its commercial operations offer a […]

As Part of Succession Planning, Eastern Insurance Group LLC Announces Promotion of Timothy J. Lodge to President and CEO Effective January 1, 2022

January 20, 2022

Eastern Insurance Group LLC, a wholly owned subsidiary of Eastern Bank, is pleased to announce the promotion of Timothy J. Lodge to President and CEO of Eastern Insurance as part of its succession planning. John Koegel has retired from his role as President and CEO of Eastern Insurance, and has become a consultant to the business, focused on cultivating potential…

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