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Donegal Insurance Group Names Hudnall as New SVP of Commercial Lines

April 18, 2022

–The Donegal Insurance Group, which consists of Donegal Mutual Insurance Company and the insurance subsidiaries of Donegal Group Inc. and, today announced the hiring of Matthew Hudnall to lead the group’ s Commercial Lines business. Donegal Group Inc. is an insurance holding company whose insurance subsidiaries and affiliates offer property and casualty…

Alleghany Corporation Announces End of "Go-Shop" Period

April 18, 2022

–Alleghany Corporation today announced the end of the "go-shop" period under the previously announced definitive merger agreement with Berkshire Hathaway Inc.. Alleghany Corporation owns operating subsidiaries and manages investments, anchored by a core position in property and casualty reinsurance and insurance. Alleghany's property and casualty…

Strategies For Global Insurance Market Players In 2022-2026 Market Forecast Period

April 18, 2022

Insurance Global Market Report 2022: Market Size, Trends, And Global Forecast 2022-2026. LONDON, GREATER LONDON, UK, April 18, 2022/ EINPresswire.com/– According to‘ Insurance Global Market Report 2022– Market Size, Trends, And Global Forecast 2022-2026’ published by The Business Research Company, the insurance market size is expected to grow from $5,376.92…

Blue Spark Technologies Raises $40 Million in Growth Funding Led by Ghost Tree Partners to Advance AI-Based Remote Patient Monitoring

April 18, 2022

Blue Spark Technologies, Inc., a leader in wearable remote patient monitoring solutions, today announced that it has raised a $40 million intellectual property-based debt solution to fund growth led by GT Investment Partners with support from Aon plc. “Blue Spark has leading-edge technology backed by clinical research and results,” said Mark Fox, Managing…

USI Insurance Services Acquires Benefits 7

April 18, 2022

–USI Insurance Services, a world leader in risk management, employee benefit and retirement consulting, today announced the acquisition of Vincennes, Indiana- based employee benefits brokerage and advisory firm, Benefits 7, Inc. Terms of the transaction were not disclosed. Commenting on the announcement, Benefits 7 Partner, James Franklin, stated:“ This…

U.S. Managed Care Market 2022-2026: Focus on Medicare, Medicaid and Private Health Insurance – ResearchAndMarkets.com

April 18, 2022

The " U.S. Managed Care Market: Insights& Forecast with Potential Impact of COVID-19" report has been added to ResearchAndMarkets.com' s offering. The US managed care market by payer can be segmented into the following segments: Private Health Insurance, Medicare and Medicaid. In 2021, the dominant share of the US managed care market was held by Private Health…

April 18, 2022
High deductibles make health insurance dicey for many.
Many Americans face hefty medical debt.

Some Diabetics Can Get $0 Copay For Insulin Under Insurer’s Move

Dr. Michael Romano, chief medical officer for the Nebraska Health Network, said $0 insulin is a step in the right direction toward removing some of the barriers that can keep people from addressing chronic diseases like diabetes.

A must-sell with riverfront views

April 18, 2022

Luzerne County government is in the unusual position of owning a house in West Pittston and must figure out how to sell it. The litigation settlement awarded $650,000 for the property— $585,000 from the county community development office, $50,000 from the county’ s insurance carrier and $15,000 from West Pittston’ s insurance carrier. A Realtor can ensure the…

Can you negotiate your COVID-19 hospital bills?

April 17, 2022

-Since health insurance companies have rolled back waivers for hospital costs related to COVID-19, a COVID-19 hospitalization could result in a startlingly high bill from health care providers, according to a recent study from the University of Michigan and Boston University. Of people who had private insurance from March 2020 to March 2021 and were billed…

Surprise medical bills hit some uninsured hard

April 17, 2022

Elma holds hospital bills she received after an emergency surgery. Elma didn't have health insurance.But the 52- year-old Cicero resident said the pain became unbearable, fueling a 2 a.m. trip to MacNeal Hospital's emergency department in west suburban Berwyn. Her hospital stay would cost more than $50,000.

Flood insurance risk and rates

April 17, 2022

April 1 marked the rollout of the National Flood Insurance Program's new rate changes, and as a former deputy insurance commissioner in Florida, it is welcomed news not only for those residing along Florida's miles and miles of coastline but also those living inland in areas prone to flooding. According to the Federal Emergency Management Agency, there are…

Maine Health’s Anthem Troubles Have Deep Roots

April 17, 2022

Maine Health claims $13 million in underpayments, by its lights, and $70 million in non-payments from Anthem, which controls 11% of the national market. It's also Maine's largest insurer, and Blue Cross franchisee. Its presence here dates to 2000, when it acquired the ailing Maine Blue Cross- Blue Shield, the state's largest health insurer– and non-profit, as most…

BRIEFS – Educational seminar for sellers and buyers

April 17, 2022

Topics that will be covered: buying foreclosures, tax deeds, changes in 2022 Florida real estate contracts, growth area's in Collier County along with roads, projections of where home prices are heading, new 2022 guidelines for homeowners' insurance could determine the sale/purchase. Join us Monday, April 18th 6 pm-8pm at UF/FAS Extension, 1400 Immokalee Rd.,…

Louisiana Bill Would Require Insurers To Cover Evacuation Expenses

April 16, 2022

Apr. 16— As Hurricane Ida hurtled toward south Louisiana, Paulette Tybussek, a resident of Jefferson Parish, weighed her options: "Do you put your life at risk and stay? But, as she later learned, her insurer, State Farm, wouldn't cover those evacuation expenses, only because officials called for a voluntary evacuation— not mandatory. Laurie Schlegel, a Metairie…

Chehalis-Centralia Railroad and Museum Obtains Stop-Gap Liability Insurance Amid Ceased Passenger Operations [The Chronicle, Centralia, Wash.]

April 16, 2022

Apr. 15— The Chehalis-Centralia Railroad and Museum successfully obtained premises-liability insurance last Friday, April 8, allowing railroad workers to return to work at the site. A factor in the loss of liability insurance was CCRM's loss runs, which amounted to $1.064 million over six years. "We have property insurance on our facility, and as of Friday, we have…

How Much Insurance for Businesses: Coverage and Rates

April 16, 2022

If you are a business owner, you know that insurance is essential. But how much insurance do you need? What kind of coverage should you have? And what are the rates for businesses? In this blog post, we will answer […]

Mich. Gov. Whitmer Announces More Than $900M in Auto Insurance Refunds Already Returned to Eligible Michiganders

April 16, 2022

Gretchen Whitmer, D- Michigan, issued the following news release on April 14, 2022:. According to data gathered by the Michigan Department of Insurance and Financial Services, more than $906 million of the total $3 billion in surplus funds has been returned to Michigan drivers. "Thanks to our bipartisan auto insurance reform, Michigan drivers are receiving $400…

Ex-Employee Of Travel Insurance Co. Sentenced To Over 2 Years In Prison

April 16, 2022

The U.S. Attorney for the Southern District of Indiana, Zachary A. Myers, issued the following news release on April 15, 2022:. Maria Caceres, 56, of Coral Springs, Florida and formerly of Hamilton County, Indiana, was sentenced late yesterday to 30 months in federal prison following her conviction of wire fraud, to which she had previously plead guilty.

This bill would require insurers to cover evacuation expenses, even if a mandatory order isn't issued [The Advocate, Baton Rouge, La.]

April 16, 2022

Apr. 16— As Hurricane Ida hurtled toward south Louisiana, Paulette Tybussek, a resident of Jefferson Parish, weighed her options: "Do you put your life at risk and stay? But, as she later learned, her insurer, State Farm, wouldn't cover those evacuation expenses, only because the order to evacuate was voluntary— not mandatory. Laurie Schlegel, a Metairie Republican, was…

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