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More than 5,000 sign up for Colorado's health insurance pilot for residents who are undocumented

November 30, 2022

About 5,700 people have taken advantage of Colorado's OmniSalud program to expand insurance to those who are in the country without legal documentation, and almost all of them have qualified for subsidies to significantly lower their costs. People who are undocumented have been able to buy insurance through the state-run marketplace, though they aren't…

Best’s Special Report: First Look: U.S. Property/Casualty Industry Registers $24.3 Billion Underwriting Loss in the First Nine Months of 2022

November 30, 2022

The U.S. property/casualty industry recorded a $24.3 billion net underwriting loss in the first nine months of 2022, nearly quadrupling the loss total recorded in the same prior year period, according to a new AM Best special report. The P/C industry’ s surplus declined 11.0% from the end of 2021, to $919.6 billion. The report notes that $37.9 billion of net…

The debt-ceiling time bomb is ticking faster than Congress realizes

November 30, 2022

Our alarmingly complacent Congress instead behaves as though the task can be left to some faraway tomorrow. Among the very bad consequences of a potential default: a violation of the Constitution; difficulty fulfilling basic government functions, such as paying out Social Security benefits and military salaries; and higher borrowing costs for the U.S….

Some to see tax burden climb after 8.7% hike in '23 benefits

November 30, 2022

It seems like such good news- Social Security benefits are going up 8.7% next year, thanks to inflation. That's because tax rates on Social Security benefits are not changing with inflation. Taxing Social Security benefits began in 1984 as part of a sweeping reform of the system.

Beck Insurance Agency Warns About Common Business Insurance Mistakes

November 30, 2022

Archbold, OH—- 11/30/2022– Beck Insurance Agency proudly serves business insurance to Toledo, Defiance, OH, Perrysburg, Wauseon, OH, Maumee, Liberty Center, OH, and the surrounding areas. The independent agents at Beck Insurance Agency aim to educate their clients on these common business insurance mistakes so they can be avoided:. About Beck Insurance Agency Beck…

Beck Insurance Agency Discusses Three Reasons Why Homeowners Insurance Premiums Increase

November 30, 2022

Archbold, OH—- 11/30/2022– Beck Insurance Agency has extensive experience serving homeowners insurance to Defiance, OH, Delta, OH, Waterville, OH, Perrysburg, Toledo, Sylvania, OH, and the surrounding areas. With a team of experienced agents in their corner, Beck Insurance Agency answers some important questions about homeowners insurance, including the pressing…

Beck Insurance Agency Discusses Types of Farm Equipment Covered by Farm Insurance

November 30, 2022

Archbold, OH—- 11/30/2022– Beck Insurance Agency has vast experience serving farm insurance to Toledo, Montpelier, OH, Defiance, OH, Sylvania, OH, Perrysburg, Maumee, and the surrounding areas. Beck Insurance Agency discusses the different types of farm equipment that is covered by farm insurance coverage, including:. About Beck Insurance Agency Beck Insurance…

AM Best Affirms Credit Ratings of International General Insurance Holdings Ltd. and Its Subsidiaries

November 30, 2022

AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a” of International General Insurance Co. Ltd.,, International General Insurance Company Limited and International General Insurance Company SE. Concurrently, AM Best has affirmed the Long-Term ICR of“ bbb” of International General Insurance Holdings Ltd..

Driver Telematics Programs Face Privacy Concerns, IRC Study Finds

November 30, 2022

–More U.S. drivers are open to opting into usage-based insurance programs to save on their auto insurance premiums, yet more widespread acceptance of telematics programs and UBI remains elusive due to privacy concerns, according to a new study from the Insurance Research Council, a division of The Institutes. The online survey of more than 2,000 U.S. drivers…

AM Best Affirms Credit Ratings of MS Amlin Insurance SE

November 30, 2022

AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of MS Amlin Insurance SE. AM Best expects MS AISE’ s risk-adjusted capitalisation, as measured by Best’ s Capital Adequacy Ratio, to remain at least at the very strong level, supported by adequate earnings generation and a capital injection of EUR 110 million from the…

AM Best Affirms Credit Ratings of Eni Insurance Designated Activity Company

November 30, 2022

AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of Eni Insurance Designated Activity Company, a captive of Eni S.p.A., a multinational energy company based in Italy. The outlook of these Credit Ratings is stable. The ratings reflect EID’ s balance sheet strength, which AM Best assesses as very strong, as well as its…

You probably don’t have the right insurance to cover what Ian did to homes in Florida [Miami Herald]

November 30, 2022

READ MORE:‘ Sand is like gold.’ The pricey race to restore Florida beaches before the next hurricane. Experts say that despite the government’ s efforts to make flood insurance cheap and available, Florida faces a massive coverage gap that could grow even larger as the state’ s population— and flood risks— grow and the number of policies slowly declines.

Wreck Check Atlanta is Recognized as a 2022 Top Client Rated Atlanta Contractor by Find Local Contractors

November 30, 2022

As leaders in the evaluation of diminished value, Wreck Check Atlanta offers no-cost personalized consultation and can provide an accurate assessment of how the worth of a vehicle has been impacted by poor workmanship, insurance disputes, functionality issues and more. Diminished value to vehicles can occur due to repair-related diminished value,…

ACI Study Reveals Florida Insurance Market Plagued by Attorney Fee-Shifting

November 30, 2022

"–Steve Pociask TALLAHASSEE, FLORIDA, USA, November 30, 2022/ EINPresswire.com/– Today, the American Consumer Institute released a new study exposing the perverse incentives driving financial instability in Florida’ s homeowner insurance market. Today, Florida accounts for nearly 80% of the county’ s insurance lawsuits. These market conditions harm consumers…

You probably don’t have the right insurance to cover what Ian did to homes in Florida [Miami Herald]

November 30, 2022

Florida’ s home insurance market has been troubled for decades, but experts worry that the back-to-back strikes from hurricanes Ian and Nicole could be enough to tilt the teetering market for wind damage insurance into another collapse. Experts say that despite the government’ s efforts to make flood insurance cheap and available, Florida faces a massive…

AM Best Affirms Credit Ratings of Stellar Insurance, Ltd.

November 30, 2022

AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of Stellar Insurance, Ltd., an indirect wholly owned subsidiary of Saudi Arabian Oil Company. The outlook of these Credit Ratings is stable. The ratings reflect Stellar’ s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating…

Lincoln Financial Group enhances supplemental health suite with expanded Hospital Indemnity insurance coverage

November 30, 2022

Amid rising interest in supplemental health coverages, Lincoln Financial Group has expanded its Hospital Indemnity insurance coverage to include additional benefit options. In today’ s economic environment, the financial security provided by supplemental health benefits is more important than ever, nearly half of U.S. workers surveyed say they feel more…

Upward Health Selected by San Francisco Health Plan for Enhanced Care Management Initiative

November 30, 2022

Upward Health announced today its selection by San Francisco Health Plan to deliver Enhanced Care Management services to a high-complexity cohort of SFHP’ s membership. Upward Health has been delivering its in-home, whole-person model of care to high-risk and high-need patients across the country, including within California, for years.

Betterview Announces Partnership with Risk Innovator JMI Reports

November 30, 2022

–Betterview, the company leading P&C insurers rely on to identify and manage real property risk, today announced a partnership with JMI Reports, one of the largest providers of onsite property data to the insurance industry. “The solutions from Betterview and JMI Reports are strengthened by synthesizing them within a single platform,” says Betterview…

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