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What Controls: The Will or "The Box"?

April 20, 2023

I must first tell you what I mean by "the box." When I say "the box," I am referring to the beneficiary designation box found in many financial instruments. For example, life insurance policies, annuity contracts, individual retirement accounts, and other retirement plans allow the owner to designate who is to be the beneficiary or recipient of the proceeds upon the…

Glossary of Selected Terms – Form 8-K

April 20, 2023

A number of these measures are components of net income or the balance sheet but, in some cases, are not based on accounting principles generally accepted in the United States of America under applicable SEC rules because they are not displayed as separate line items in the Consolidated Statements of Operations and Comprehensive Income or Consolidated…

Investigators at University of Melbourne Report Findings in COVID-19 (Disability and Work In a Health and Economic Crisis: Mitigating the Risk of Long-term Labour Market Exclusion for Australians With Disability Through Policy Coordination): Coronavirus – COVID-19

April 20, 2023

2023 APR 20– By a News Reporter-Staff News Editor at CDC& FDA Daily– Researchers detail new data in Coronavirus- COVID-19. Financial supporters for this research include Melbourne Disability Institute at the University of Melbourne, Australian Research Council, Disability Innovation Institute at UNSW. Our news journalists obtained a quote from the research…

Researchers at RAND Corporation Release New Data on Telemedicine (Differences In Telehealth During Covid-19 Between Commercial and Medicaid Enrollees): Telemedicine

April 20, 2023

2023 APR 20– By a News Reporter-Staff News Editor at NewsRx COVID-19 Daily– Investigators publish new report on Telemedicine. Among Medi-Cal enrollees, we examined telehealth use differences based on race, language, and citizenship status.Regression-adjusted share of telehealth visits as a proportion of all E&M visits was 22.6% for CalPERS FFS patients,…

SB Financial Group Announces First Quarter 2023 Results

April 20, 2023

–SB Financial Group, Inc., a diversified financial services company providing full-service community banking, mortgage banking, wealth management, private client and title insurance services today reported earnings for the first quarter ended March 31, 2023.. Net income of $2.5 million decreased 12.9 percent compared to the prior year with diluted…

W. R. Berkley Corporation Reports First Quarter Results

April 20, 2023

W. R. Berkley Corporation today reported its first quarter 2023 results. Return on equity of 17.4%. Book value per share grew 7.2% prior to dividends and share repurchases. Net investment income grew 28.8% to $223.4 million. Average rate increases excluding workers' compensation were approximately 8.3%. Pre-tax underwriting income of $234.4 million. The…

Mirek Wieczorek Named Senior Vice President, Head of Reinsurance for ICW Group Insurance Companies

April 20, 2023

As a part of ICW Group's vision to become a top-tier, multi-line carrier, Wieczorek joined ICW Group nearly four years ago to help build the Assumed Reinsurance business for the company and establish ICW Group in the reinsurance marketplace. "Mirek's leadership, industry knowledge, and expertise have been a key factor in the success of ICW Re," said Kevin Prior, ICW…

Insurance coverage options [Greensburg Daily News, Ind.]

April 20, 2023

In April 2023, the Indiana Family and Social Services Administration began eligibility redeterminations actions. If you learn you are no longer eligible for coverage through the Medicaid program, the Indiana Department of Insurance encourages you to see if you qualify for coverage and subsidies through the Federal Marketplace online at HealthCare.gov…

Health insurers have betrayed us Andrew Wickline: Will health insurers keep promises to cut patient denials?

April 20, 2023

The nation's top health insurers- UnitedHealthcare, Cigna and Aetna- announced recently that they would cut their use of prior authorizations for treatment. It would be great news, if true. The Association of American Medical Colleges projects a shortfall of up to 124,000 physicians- including specialists- by 2034.

AM Best Downgrades Credit Ratings of Members of Columbian Financial Group; Revises Under Review Status to Negative

April 20, 2023

AM Best has downgraded the Financial Strength Rating to B- from B and the Long-Term Issuer Credit Ratings to“ bb-” from“ bb+” of Columbian Mutual Life Insurance Company and Columbian Life Insurance Company, collectively referred to as Columbian Financial Group. The ratings were put under review shortly after CFG’ s announcement on June 29, 2021, that its board of…

Justice Department Announces Nationwide Coordinated Law Enforcement Action to Combat COVID-19 Health Care Fraud

April 20, 2023

The Department of Justice today announced criminal charges against 18 defendants in nine federal districts across the United States for their alleged participation in various fraud schemes involving health care services that exploited the COVID-19 pandemic and allegedly resulted in over $490 million in COVID-19 related false billings to federal…

Digital Insurance Platform Market May See a Big Move : Microsoft, Appian, Fineos, Cognizant

April 20, 2023

NJ New Jersey, USA—- 04/20/2023– Latest Study on Industrial Growth of Digital Insurance Platform Market 2023-2028. A detailed study accumulated to offer Latest insights about acute features of the Digital Insurance Platform market. Get Free Exclusive PDF Sample Copy of This Research@…

TWFG Insurance Reinforces Strong Presence in Ohio with Key Acquisitions

April 20, 2023

–TWFG Insurance has been adding strategic agency acquisitions to its nearly 500 US retail agency footprint and is on track to follow an unprecedented 22 years of double-digit organic growth through FY 2023.. TWFG Insurance expands its footprint in Ohio with the acquisition of the Wade Group. The Woodlands Financial Group, or TWFG, is a nationally recognized…

State report reviews broker contracts, health insurance, lunch policy at Buena Regional

April 20, 2023

The report, a follow-up on a Comptroller's Office audit of the district in 2020, indicates that Buena Regional largely complies with state standards. Acting Comptroller Kevin Walsh admonished Buena Regional on the latter point in a news release issued Wednesday. The 2020 Comptroller's Office audit, which investigated Buena Regional in fiscal years 2016…

Diverse Collection of Organizations Call Upon BC Government to Establish a Permanent Housing Roundtable to Collaborate and Test New Housing Policy

April 20, 2023

–A collection of organizations across the housing continuum is calling upon the BC Government to establish a permanent housing roundtable to address the ongoing housing crisis, the BC Real Estate Association announced at a Surrey Board of Trade event today. The ask is supported by the Aboriginal Housing Management Association, Active Manufactured Home…

Simone Edmonson is Georgia’s new mental health parity officer

April 20, 2023

ATLANTA— Georgia native and insurance-industry veteran Simone Edmonson has been selected to serve as the state's new mental health parity officer. In her new role, Edmonson will be responsible for implementing many of the insurance-related provisions of the mental health act, including making sure Georgia health insurers cover treatment for mental…

United Insurance Holdings Corp. (NASDAQ: UIHC) Leading the Way in Thursday Trading Based on Percentage Gain

April 20, 2023

United Insurance Holdings Corp. (NASDAQ: UIHC) is one of today’s top gainers. The company’s shares are currently up 47.88% on the day to $2.44. United Insurance Holdings Corp. operates as a property and casualty insurance holding company that sources, writes, and services residential personal and commercial property, and casualty insurance policies in the United States. […]

Arch Capital Group Ltd. (NASDAQ: ACGL) Records 52-Week High Thursday Morning

April 20, 2023

Shares of Arch Capital Group Ltd. (NASDAQ: ACGL) traded at a new 52-week high today and are currently trading at $71.92. So far today, approximately 613.92k shares have been exchanged, as compared to an average 30-day volume of 1.7M shares. Arch Capital Group Ltd., together with its subsidiaries, provides insurance, reinsurance, and mortgage insurance products […]

Witness admits to impersonating homicide victim at accused killer's request [The Daily Item, Sunbury, Pa.]

April 20, 2023

Apr. 19— LEWISBURG— A Mifflinburg man testified under oath in Union County Court on Wednesday that he impersonated John Nichols during three insurance calls at the request of accused killer Myrle Miller. On the second day of 77- year-old Miller's trial where she is accused of poisoning and defrauding her 77- year-old husband John Nichols on April 14, 2018, the…

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