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Citizens aims to buy $5.5B in reinsurance to back up claims ahead of hurricane season

May 16, 2024

TAMPA, Fla.– With hurricane season just over two weeks away, Citizens Property Insurance's Board of Governors met to discuss a new requirement that aims to cut down on risk. This comes a year after Florida Gov. According to a report from NBC affiliate WBBH, the Board of Governors said the company will not pay more than $750 million for $5.5 billion in coverage.

AM Best Assigns Issue Credit Rating to Reinsurance Group of America, Incorporated’s New Senior Unsecured Notes

May 16, 2024

AM Best has assigned a Long-Term Issue Credit Rating of“ a-” to the $650 million, 5.75% senior unsecured notes, due Sept. 15, 2034, recently issued by Reinsurance Group of America, Incorporated. The outlook assigned to this Credit Rating is stable. All other ratings of RGA and its insurance subsidiaries remain unchanged.

Data from California State University Update Knowledge in Health Management (From Financial Risk Management to Promotive Health: A Paradigm Shift in Employer-sponsored Health Insurance?): Health and Medicine – Health Management

May 16, 2024

2024 MAY 16– By a News Reporter-Staff News Editor at Health Policy and Law Daily– Investigators publish new report on health management. According to news reporting from Los Angeles, California, by NewsRx journalists, research stated,“ Health insurance serves to contain financial loss arising from an insured individual’ s healthcare costs.”.

Allstate CEO to present at William Blair Growth Stock Conference

May 16, 2024

The Allstate Corporation, one of the nation’ s largest publicly held personal lines insurers, announced that Tom Wilson, its Chair, President and Chief Executive Officer, will present at the William Blair Growth Stock Conference at 8:00 a.m. Central on Wednesday, June 5. A webcast of the presentation can be accessed at www.allstateinvestors.com.

A Healthier Heartland

May 16, 2024

Indiana's mix of urban and rural communities provides a good opportunity to understand how interconnected our state's health care landscape really is. As a nonprofit managed care organization, CareSource is committed to doing our part to help address these problems, including with increased community outreach, strategic partnerships with urban and…

Research from Chungnam National University Hospital in the Area of COVID-19 Published (Impact of COVID-19 pandemic on the incidence and severity of myasthenia gravis in Korea: using National Health Insurance Service database): Coronavirus – COVID-19

May 16, 2024

2024 MAY 16– By a News Reporter-Staff News Editor at NewsRx COVID-19 Daily– A new study on COVID-19 is now available. According to news reporting out of Daejeon, South Korea, by NewsRx editors, research stated,“ BackgroundThis study investigated the impact of COVID-19 pandemic on the incidence and severity of myasthenia gravis using the National Health…

University of Hawaii Researcher Yields New Study Findings on COVID-19 (COVID-19 Hospitalization in Hawai’i and Patterns of Insurance Coverage, Race and Ethnicity, and Vaccination): Coronavirus – COVID-19

May 16, 2024

2024 MAY 16– By a News Reporter-Staff News Editor at NewsRx COVID-19 Daily– A new study on COVID-19 is now available. According to news originating from the University of Hawaii by NewsRx correspondents, research stated,“ Importance: The people of Hawai’ i have both high rates of health insurance and high levels of racial and ethnic diversity, but the degree to which…

AXIS Capital Declares Quarterly Dividends and Announces New Share Repurchase Authorization

May 16, 2024

PEMBROKE, Bermuda—- AXIS Capital Holdings Limited today announced that its Board of Directors has declared a quarterly dividend of $0.44 per common share payable on July 18, 2024 to shareholders of record at the close of business on June 28, 2024. AXIS Capital also announced that its Board of Directors approved a new share repurchase program, authorizing the…

Chubb Limited Shareholders Approve 31st Consecutive Annual Dividend Increase; Chubb Limited Board Declares Record Date for First Dividend Installment

May 16, 2024

–Chubb Limited announced today that at its 2024 Annual General Meeting, held at the company's offices in Zurich, Switzerland, shareholders approved a 5.8% increase in the company's dividend to $3.64 per share annually from $3.44 per share. The dividend will be payable out of legal reserves in four quarterly installments and will be made in United States…

Modification to Rights of Security Holders – Form 8-K

May 16, 2024

Item 1- Election of Directors. The Hanover Insurance Group Inc. published this content on 16 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 May 2024 20:06: 26 UTC.

Rainforest Action Network: Analysis – Chubb's New Conservation and Methane Standards Remain Inadequate But Should Exclude Support for EACOP Pipeline

May 16, 2024

SAN FRANCISCO, California, May 16– Rainforest Action Network issued the following news release:. In a SEC filing of "Additional Proxy Soliciting Materials" Chubb quietly updated its oil, gas, and conservation policies. said Aditi Sen, Climate and Energy Program Director with Rainforest Action Network. "

American Council of Life Insurers: Insurance Associations Applaud Congressional Action On Fiduciary Regulation

May 16, 2024

The American Council of Life Insurers issued the following statement on May 15, 2024:. The American Council of Life Insurers, National Association of Insurance and Financial Advisors, Finseca, Insured Retirement Institute and National Association for Fixed Annuities issued the following statement on the Congressional Review Act resolution to prevent…

New Record Raised for Junior Achievement at ACLI Capital Challenge

May 16, 2024

The American Council of Life Insurers issued the following news release:. White House Chief of Staff Jeff Zients ran as did Secretary of Transportation Pete Buttigieg and Secretary of Veterans Affairs Denis McDonough. Representative Greg Casar and Senator Kyrsten Sinema were the fastest members of Congress.

Montana Democratic Party: Sheehy's Health Care Plan Would Stick Tens of Thousands of Montanans With Higher Health Care Costs

May 16, 2024

The Montana Democratic Party issued the following news release:. New reporting from the Montana Independent outlined Tim Sheehy's false claims about the Affordable Care Act and that repealing the law would "mean higher health care costs and leave tens of thousands of Montanans without health insurance coverage." *Montana Republican U.S. Senate candidate Tim…

Apollo Prices Offering of Senior Notes

May 16, 2024

–Apollo Global Management, Inc. today announced that it has priced an offering of $750 million aggregate principal amount of its 5.800% Senior Notes due 2054.. The notes will be fully and unconditionally guaranteed by Apollo Asset Management, Inc., Apollo Principal Holdings I, L.P., Apollo Principal Holdings II, L.P., Apollo Principal Holdings III, L.P., Apollo…

Financial Results Presentation Q1 2024

May 16, 2024

This presentation by Ryan Specialty Holdings, Inc. contains forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, that involve substantial risks and uncertainties and that reflect the Company's current expectations and projections with respect to, among other things, its plans, objectives, and business.

Aon appoints Jennifer Bell to serve as Executive Chair of North America

May 16, 2024

Aon appoints Jennifer Bell to serve as Executive Chair of North America- Bell previously served as CEO of North America and will retire from Aon at the end of 2024- As CEO of Regions globally, Lori Goltermann has assumed direct leadership of North America. CHICAGO, May 16, 2024- Aon plc, a leading global professional services firm, announced today the appointment of…

Inszone Insurance Services Expands Texas Footprint through Acquisition of JHC Insurance Agency, Inc.

May 16, 2024

Inszone Insurance Services, a rapidly growing national provider of commercial, personal, and benefits insurance, proudly announces the acquisition of JHC Insurance Agency, Inc., a trusted independent insurance agency serving the Victoria community and beyond. Rooted in the values of independence and client-focused service, JHC Insurance Agency, Inc. has…

Essent Guaranty of PA Q1 2024

May 16, 2024

AS OF MARCH 31, 2024. Essent Guaranty of PA, Inc.. STATEMENT AS OF MARCH 31, 2024 OF THE Essent Guaranty of PA, Inc..

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