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Blackwell Captive Solutions Announces Cannabis Captive to Expand Access to Employer Health Insurance: Blackwell Captive Solutions

May 5, 2026

2026 MAY 05– By a News Reporter-Staff News Editor at Marijuana Daily– Blackwell Captive Solutions, a next-generation group medical stop-loss captive focused on bending the healthcare cost curve, announced the development of a homogenous group medical stop loss captive purpose-built to provide cannabis operators and growers with a viable, transparent…

ProAssurance Reports Results for First Quarter 2026

May 5, 2026

BIRMINGHAM, Ala,—- ProAssurance Corporation, an industry-leading specialty insurer with extensive expertise in medical professional liability, today reported net income of $8.5 million, or $0.16 per diluted share, and operating income was $12.7 million, or $0.25 per diluted share, for the three months ended March 31, 2026. Operating performance continues to…

Genworth Financial Announces First Quarter 2026 Results

May 5, 2026

Genworth Financial, Inc. today reported results for the quarter ended March 31, 2026. Net income was driven by Enact, which had strong operating performance Net investment income, net of taxes, was $605 million in the quarter, down from $620 million in the prior quarter and up from $584 million in the prior year primarily from changes in limited partnership…

IGI Reports First Quarter of 2026 Unaudited Financial Results

May 5, 2026

International General Insurance Holdings Ltd. today reported financial results for the first quarter of 2026.. This translates to a 14.3% core operating return on average shareholders’ equity, underscoring the stability and resilience of IGI, notwithstanding impact of war losses in the Middle East. The Company generated net income for the quarters ended…

Contract clash between PMC and Regence BlueShield could upend health care for thousands of Southeast Idahoans

May 5, 2026

Thousands of Southeast Idaho residents could lose in-network access to Portneuf Medical Center and its affiliated providers by June 15 if its contract negotiations with Regence BlueShield of Idaho— one of the largest health insurance providers in the state— fail to produce an agreement. Regence counters that PMC's parent company— Tennessee- based Ardent…

GOVERNMENT OF CANADA ANNOUNCES A NEW $1 BILLION BUSINESS DEVELOPMENT BANK OF CANADA PROGRAM AND $500 MILLION IN ADDITIONAL FUNDING FOR THE REGIONAL TARIFF RESPONSE INITIATIVE, DELIVERED BY THE REGIONAL DEVELOPMENT AGENCIES

May 5, 2026

The government will continue to protect and strengthen the sectors most affected by U.S. tariffs. Today, the Honourable Melanie Joly, Minister of Industry and Minister responsible for Canada Economic Development for Quebec Regions, and the Honourable Evan Solomon, Minister of Artificial Intelligence and Digital Innovation and Minister responsible for…

Why Severe Injury Claims Are Surging Across North Alabama

May 5, 2026

Anyone who drives on busy local highways like I-65 has likely felt it: the roads are busier, and the risk feels higher. According to legal and insurance industry analysis, liability claims for severe injuries have jumped 59% across Alabama and the Gulf South in recent years, far outpacing economic inflation. The region's economic growth has brought more…

Medigap premiums leap, and consumers have few alternatives

May 5, 2026

By Julie Appleby, KFF Health News. After decades of selling insurance, Illinois- based broker John Jaggi had never seen anything like it. More than 80 of his customers who were enrolled in the same Medicare supplemental plan from the insurer Chubb got hit last August with a 45% increase.

Assurant Increases Full Year Outlook on Record First Quarter Results

May 5, 2026

Assurant, Inc., a global company that redefines the boundaries of protection– safeguarding and servicing connected devices, homes, automobiles, and commercial equipment in partnership with the world’ s most successful brands, today announced results for the first quarter ended March 31, 2026. We are proud of the long-term outperformance we’ ve driven and more…

JUSTICE DEPARTMENT FILES STATEMENT OF INTEREST IN CALIFORNIA FIRE INSURANCE CASE

May 5, 2026

This case was brought by 60 homeowners who lost their homes in the devastating wildfires that occurred in southern California in January 2025. "Nearly 16 months after the Eaton and Palisades Fires, the homeowners who lost everything are still trying to rebuild their lives," said Deputy Assistant Attorney General Charlie Beller of the Justice Department's…

AM Best Assigns Credit Ratings to Calix Re Limited

May 5, 2026

AM Best has assigned a Financial Strength Rating of A- and a Long-Term Issuer Credit Rating of“ a-” to Calix Re Limited. Calix Re is a recently formed Class E licensed Bermuda reinsurance company. The majority of business placed with it initially will be Japan- based fixed term annuities.

AM Best to Host Analytical Briefing on State of Florida Property Insurance Market

May 5, 2026

During the event,“ AM Best’s Analytical Briefing- The State of Florida Property Market,” a panel of AM Best analytical staff and industry experts discuss the current state of the Florida property market ahead of the 2026 hurricane season. Lauren Magro, senior financial analyst, AM Best Chris Dittman, executive managing director, Aon Dave Newell, vice president of…

Triple-I’s Georgia Legal System Abuse Campaign Recognized with Hermes Creative Awards Honorable Mention

May 5, 2026

A comprehensive legal system abuse campaign, conducted by the Insurance Information Institute in Georgia in 2025, has been recognized with an Honorable Mention designation from the Hermes Creative Awards in two categories: Advertising Campaign and Outdoor/ Out-of-Home Advertising Campaign.. Triple-I recognized the legal system abuse challenges…

CryptoNewsBreaks – Forward Industries, Inc. (NASDAQ: FWDI) Invests In OnRe And Plans $25M Deployment Into Tokenized Reinsurance Platform 

May 5, 2026

Forward Industries (NASDAQ: FWDI) announced a strategic investment in onchain reinsurance company OnRe as part of its $5 million Series A round, alongside plans to deploy up to $25 million into OnRe’s yield-bearing token ONyc on Solana, expanding its treasury strategy into tokenized real-world assets and diversified income streams. To view the full press release, visit https://ccw.fm/pXcZ9 About Forward Industries, Inc. Forward Industries, Inc. (NASDAQ: FWDI) […]

California takes legal action against State Farm after investigation finds widespread mishandling of LA wildfire claims

May 5, 2026

California takes legal action against State Farm after investigation finds widespread mishandling of LA wildfire claims. State Farm policyholders filed approximately 11,300 residential claims related to the Los Angeles wildfires, nearly one-third of the 38,835 claims filed across all insurers, according to the department's official claims tracker.

Pet Care Insurance Releases 2025 Claims Report Highlighting Hidden Liability Risks in Routine Pet Services

May 5, 2026

PLEASANT GROVE, UTAH- May 5, 2026- Pet Care Insurance today released its 2025 Pet Care Insurance Statistics Report, analyzing 636 customer liability claims to reveal how risk and cost impact pet care professionals in day-to-day operations. The report found that the median claim was $1,286, while the average rose to $2,345 due to higher-cost outliers.

Four-part Medicare education series planned at Viroqua library

May 5, 2026

McIntosh Memorial Library of Viroqua is partnering with the Vernon County Aging and Disability Resource Center to provide a Medicare education series. The comprehensive four‑ part Medicare education series will be presented by Katie Skolos, Elder Benefit Specialist and SHIP‑ Certified Counselor with the Aging and Disability Resource Center of Vernon…

CPI Reports Solid First Quarter Results

May 5, 2026

CPI Card Group Inc., a payments technology company providing a comprehensive range of physical and digital payment solutions for U.S. financial institutions, processors, fintechs, prepaid program managers and more, today reported financial results for the quarter ended March 31, 2026 and affirmed its financial outlook for 2026.. A proprietary technology…

Costs cut for Virginians covered by Obamacare

May 5, 2026

Virginia's innovative reinsurance program for health coverage is reducing the monthly bill for each person covered by an Obamacare policy by nearly $100 a month, according to the State Corporation Commission. By doing this, the SCC projects average monthly bills this year will be $519 for each covered individual, compared with $617 if the program were not in…

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