The $904 million cash sale supports Cadence Bank's focus on building its core banking business and continuing its long-term strategic initiatives.. HOUSTON and TUPELO, Miss., Nov. 30, 2023/ PRNewswire/– Cadence Bank announced it has closed the previously disclosed sale of its insurance operations, Cadence Insurance, Inc., to Arthur J. Gallagher& Co. for $904…
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Radian Group Inc. today announced that it has scored 90 out of 100 on the Human Rights Campaign Foundation’ s 2023 -2024 Corporate Equality Index, the nation’ s foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality. The 2023 Corporate Equality Index evaluates nearly 1,400 major U.S….
PGIM High Yield Bond Fund, Inc., PGIM Global High Yield Fund, Inc. and PGIM Short Duration High Yield Opportunities Fund declared today monthly distributions for December 2023, and January and February 2024. PGIM Investments, LLC and its affiliates offer more than 100 funds globally across a broad spectrum of asset classes and investment styles.
Porch Group, Inc., a leading vertical software company reinventing the home services and insurance industries, today releases its initial Environmental, Social and Governance report. Seattle- based Porch Group, Inc., the vertical software and insurance platform for the home, provides software and services to approximately 30,700 home services companies…
This week a Southern California judge issued a ruling upholding Insurance Commissioner Ricardo Lara's order that the FAIR Plan offer homeowners a more comprehensive homeowners' insurance policy option. The ruling by Los Angeles Superior Court Judge Curtis A. Kin, issued on Nov. 27, is consistent with a 2021 ruling by Los Angeles Superior Court Judge Mary…
The latest Consumer Price Index report showed inflation slowing in October, due in part to a supposed 34% drop in the cost of health insurance from the same time last year. That left many people scratching their heads, since you’ d be hard pressed to find anyone whose premiums dropped at all, let alone by that much. Is someone cooking the books at the Bureau of Labor…
–careviso, a leading healthcare technology company, is launching a new offering within their existing prior authorization business: patient health plan coverage detection, or "Discovery." careviso launches Patient Health Plan Discovery for prior authorization and transparency services. Annually, careviso processes more than one million prior…
An appeals court Wednesday upheld a ruling that required a property-insurance company to cover damage that the owners of a Miami-Dade County home said was caused by blasting at a nearby rock quarry. A three-judge panel of the 3rd District Court of Appeal rejected arguments by Tower Hill Prime Insurance Co. that damage in 2016 to the home of Ivet and Mario…
AM Best has affirmed the Financial Strength Rating of B+ and the Long-Term Issuer Credit Rating of“ bbb-” of Orion Reinsurance Ltd.. Orion Re was founded in December 2004 and is licensed by the Bermuda Monetary Authority to act as a class III insurer without restrictions of any kind in its class. As of December 2022, Colombia represented 58% of the company’ s gross…
COLUMBUS, Ga., November 30, 2023/ CSRwire/- Aflac, a leading provider of supplemental health insurance products in the U.S. and a steadfast supporter of families dealing with pediatric cancer and blood disorders, delivered its acclaimed My Special Aflac Duck to children at University Hospital in San Antonio. "Witnessing the authentic smiles of children as they…
Shawnee, OK—- 11/30/2023– All businesses, regardless of their size, require reliable and reasonably priced business insurance. A business may recuperate and continue with minimal disruption thanks to affordable business insurance in Chandler and Oklahoma City, Oklahoma, which also reduces the financial risks associated with unforeseen costs.
Recently, the Fifth National Climate Assessment stated "Household consumers will face higher costs for goods and services, like groceries and health insurance premiums, as prices change to reflect both current and projected climate-related damages." Let's require fossil fuel industries to pay for the climate damages caused by their products' pollution.
Recently, the Fifth National Climate Assessment stated "Household consumers will face higher costs for goods and services, like groceries and health insurance premiums, as prices change to reflect both current and projected climate-related damages." Let's require fossil fuel industries to pay for the climate damages caused by their products' pollution.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of“ aa” of Minnesota Life Insurance Company and its subsidiary, Securian Life Insurance Company, together referred to as Securian Financial Insurance Group. Concurrently, AM Best has affirmed the Long-Term ICR of“ a” of Securian Financial Group, Inc. and the Long-Term…
AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of Ontario Insurance Company. Ontario’ s risk-adjusted capitalization, which remains assessed as strongest, as measured by Best’ s Capital Adequacy Ratio, did weaken somewhat in 2022 with a further decline at Sept….
–Higginbotham, Texas's largest independent insurance, financial and HR services firm, and one of the top firms in the country, has announced a strategic alliance with Marshall Young Insurance of Cleburne, a firm known for providing specialized business insurance options to a wide range of clients. "We look for partners who share that commitment, and Marshall…
–Sun Life U.S. is in the top ten of the Boston Globe's 2023 Top Places to Work in the largest company category. "Receiving this recognition once again shows us that when we keep our employees at the center, we see great results and committed people," said Dan Fishbein, M.D., president of Sun Life U.S. "From our flexible, hybrid workstyle, to our newly designed offices, to our…
Bloomfield- based health insurer Cigna, which employs thousands in Connecticut, mostly in the Hartford area, is in merger talks with rival Humana, the Wall Street Journal reported Wednesday, a combination that would challenge larger competitors in the integrated healthcare industry. A merger of Cigna and Louisville-based Humana could place the combined…
Health plans are expecting 2024 premiums to increase by 8.0% for Group fully-insured plans and by 6.1% for Individual plans. For Group plans, this growth is 0.7 percentage points higher than their expectations for 2023. For Individual plans, growth expectations are lower by 0.5 percentage points.
