GEICO today celebrated the opening of its second North Texas building with a ribbon-cutting ceremony in Richardson, while announcing a lease agreement for a third building and a new sponsorship with the Dallas Cowboys. GEICO’s Richardson Campus Leader and Head of Commercial Insurance Operations Jason Andrukonis alongside Richardson Mayor Amir Omar and…
A North Iowa man accused of staging a motor vehicle accident and blowing up his truck to collect more than $70,000 in insurance money was given a five-year suspended prison sentence Tuesday. Zachary Marshall Robbins, 39, Charles City, pleaded guilty in October in Mitchell County District Court to one count of fraudulent submission of information, a Class D…
Lori Barber, president of the College of Eastern Idaho in Idaho Falls, was appointed Jan. 1 to the Federal Reserve Bank of San Francisco's Salt Lake City Branch Board of Directors. The Federal Reserve Bank of San Francisco announced its newest appointments and a reappointment to its Salt Lake City board to start the new year. In addition, Lisa A. Grow, president and…
The ultimate parent of both these groups is Health Care Service Corporation, a Mutual Legal Reserve Company, which is headquartered in Chicago, IL.. The ratings of HCSC Group reflect its balance sheet strength, which AM Best assesses as strongest, as well as its adequate operating performance, favorable business profile and appropriate enterprise risk…
Lori Barber, president of the College of Eastern Idaho in Idaho Falls, was appointed Jan. 1 to the Federal Reserve Bank of San Francisco’ s Salt Lake City Branch Board of Directors. The Federal Reserve Bank of San Francisco announced its newest appointments and a reappointment to its Salt Lake City board to start the new year. In addition, Lisa A. Grow, president and CEO…
—Kaiser Permanente affiliates will pay $556 million to settle a lawsuit that alleged the health care giant committed Medicare fraud and pressured doctors to list incorrect diagnoses on medical records to receive higher reimbursements, federal prosecutors said. The deal announced Wednesday came more than four years after the U.S. Department of Justice…
Last year, for months, it was unclear whether Congress would allow for the end-of-year expiration of COVID-era expanded subsidies that had offset costs for more than 90% of enrollees. Democrats forced a record-long government shutdown over the issue, but still couldn't get a deal done. Still, the question of whether Congress would resurrect the tax credits…
BlackRock, Inc. (NYSE: BLK) is one of today’s top gainers. The company’s shares have moved 4.77% on the day to $1,144. BlackRock, Inc. is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors including corporate, public, union, and industry pension plans, insurance companies, third-party mutual funds, endowments, […]
There’ s a time-honored tradition of U.S. presidents, whose electoral fortunes tend to rise or fall with the state of the economy, grumbling about chairmen of the Federal Reserve Board. News broke over the weekend that Powell is under criminal investigation by the Justice Department, which sadly has become an attack tool of the president’ s, in connection with the…
Trump's Big Beautiful Bill increased U.S. debt and boosted health care costs. In that context comes Trump's latest attack on the Federal Reserve, which will ultimately hurt all Americans. Since returning to office last year, Trump has pressured Federal Reserve Chairman Jerome Powell to speed up interest rate cuts in an effort to boost the economy.
The Federal Home Loan Bank of Dallas is pleased to announce the appointment of two new members and the reappointment of three current members to its Affordable Housing Advisory Council. The 14- member Advisory Council advises the FHLB Dallas Board of Directors on affordable housing and economic development issues throughout its five-state District of…
Gryphon Holdings LLC, a leading innovator in insurance and financial services solutions, today announced that it has entered into a definitive agreement to acquire PrimeOne Insurance Company, a privately held specialty commercial lines carrier. “We are excited to welcome PrimeOne into the Gryphon enterprise,” said Erin Brennan Bagley, CEO of Gryphon.“ This…
NEXT Insurance, now operating as ERGO NEXT Insurance, today announced a new brand identity that reflects the company’ s next phase of growth as a leading small businesses insurance provider for more than 750,000 entrepreneurs. “By visually aligning our brands, we’ re ensuring our identity reflects both the strong foundation of ERGO and Munich Re and the…
Cambridge Mobile Telematics, the world’ s largest telematics provider, today announced DriveWell Fleet, a solution that enables commercial auto insurers to strengthen pricing decisions across their entire book of business by incorporating telematics data. DriveWell Fleet brings the benefits of CMT’ s proven telematics platform to the commercial auto…
The event, which will take place Feb. 1-3, 2026, in Nashville, TN, is hosted jointly with the American Property Casualty Insurance Association and the Insurance Careers Movement. “The Emerging Leaders Conference provides an important recognition of these individual’ s dedication and commitment to not just AM Best, but the entire insurance industry,” AM Best…
More Texans have signed up for health insurance through the Affordable Care Act marketplace compared to last year— despite the expiration of federal subsidies to lower the costs of premiums. As of Jan. 3, nearly two weeks before open enrollment closes on Thursday, 4.11 million Texans had selected a plan through the ACA marketplace, according to data released…
Massachusetts residents have just days remaining to get health insurance coverage through the Massachusetts Health Connector, including access to help paying for a plan through the ConnectorCare program, with the January 23 deadline looming. While some federal funding through enhanced Premium Tax Credits has expired due to inaction by Congressional…
Democrats on Wednesday unveiled a package of proposals aimed at lowering living costs, boosting wages and protecting affordable health insurance— while sharply criticizing Republican leaders and Gov. "We made it our goal to focus on three main things— making Iowa number one in education, lowering the cost of living and affordability, and making Iowa the best…
Just before Christmas, I sent an important letter to President Trump, advising him not to pardon Greg Lindberg. Billionaire Mr. Lindberg owned a number of North Carolina- based insurance companies, including Colorado Bankers Life Insurance Co., Bankers Life Insurance Co., Southland National Insurance Corp. and Southland National Reinsurance Corp. Mr….
