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Reinsurance Group of America Elects New Member to Board of Directors

May 31, 2022

Reinsurance Group of America, Incorporated, a leading global life and health reinsurer, today announced the election of Khanh T. Tran to its Board of Directors. Mr. Tran retired as President and Chief Executive Officer of Aviation Capital Group LLC, a top 10 global commercial aviation leasing company with approximately 90 customers in more than 45 countries.

AXIS Combines Supplemental Health and Corporate Accident Business Units and Signals Ambitions for Growth with Launch of AXIS Group Benefits

May 31, 2022

PEMBROKE, Bermuda—- AXIS Insurance, the specialty insurance business segment of AXIS Capital Holdings Limited, today announced it is combining its corporate accident and supplemental health benefits business under a new name, AXIS Group Benefits. As part of the transition, Ternian Insurance Group LLC, which AXIS acquired in 2014, is changing its name to AXIS…

The Standard Names Jodi Hoover Second Vice President of Policyholder Services

May 31, 2022

Standard Insurance Company announced today that Jodi Hoover has been named second vice president of Policyholder Services. Jodi Hoover, second vice president of Policyholder Services at The Standard. The role includes oversight of the Billing Services, Premium Management, Member Maintenance, Continued Benefits, Contracts, Onboarding and Policy…

New department will take care of Braintree schools, municipal buildings

May 31, 2022

Braintree Town Council backed the plan on Dec. 7. The new department will be part of the Department of Public Works and have about 65 to 70 employees. More: Braintree mayor: Foster School land won't be sold, new occupant sought for building.

KBRA Revises Venerable Outlook to Positive and Affirms Ratings

May 31, 2022

–Venerable is pleased to announce that Kroll Bond Rating Agency, LLC has recently affirmed the BBB- issuer and debt rating of Venerable Holdings, Inc., and the A- insurance financial strength rating of its subsidiaries, Venerable Insurance and Annuity Company and Corporate Solutions Life Reinsurance Company, as well as VIAC's and CSLR's BBB surplus note…

Insurtech pioneer PassportCard awarded US patent in recognition of its revolutionary technology

May 31, 2022

Since entering the market, PassportCard has become a frontrunner in key travel insurance markets across Europe and the Pacific. With this new patent- which will provide IP protection and additional growth potential in North America, one of the key insurance markets in the world– the business has set its sights on further expansion, to bring superior…

Biden’s age and political headwinds spur talk of 2024 alternative

May 31, 2022

The White House insists President Biden will run in 2024 but speculation is rampant that he will pass the baton to someone on the Democratic bench. Top prospects include Vice President Kamala Harris, members of the Cabinet and governors such as Phil Murphy of New Jersey who sees his state as a roadmap for a national Democratic agenda. Mr. Biden would be 82 years old…

Federal agency asks 100-year-old Florida woman to prove she’s alive after checks stop

May 31, 2022

ST. PETERSBURG, Fla.– Betty Ashley made headlines as a lively senior who walked the Gasparilla 5 K during her 90 s and served as Grand Marshal this year at the age of 100.. The U.S. Office of Personnel Management is an agency that disperses the payments from the annuity of Ashley's late husband who served as a U.S. Postmaster. When Ashley and her daughter Thelma Metzger…

REINSURANCE GROUP OF AMERICA INC FILES (8-K) Disclosing Change in Directors or Principal Officers, Regulation FD Disclosure, Financial Statements and Exhibits

May 31, 2022

As of July 1, 2022, the addition of Mr. Tran increases the size of the Board to twelve directors. Mr. Tran, 65, retired as President and Chief Executive Officer of Aviation Capital Group LLC. Mr. Tran has previously served on nine corporate boards, including CIT Group, Inc.; Aviation Capital Group LLC; Pacific Life Insurance Company; and Scottish Re, among others.

Greenlight Re Innovations Announces Investment in Security Deposit Replacement Insurance Startup Garentii

May 31, 2022

–Greenlight Re Innovations, part of Greenlight Capital Re, Ltd., has announced an investment in Garentii GmbH, a security deposit replacement insurance MGA and platform based in Germany.. Simon Burton, Chief Executive Officer at Greenlight Re, said, "Security deposit replacement insurance has already seen success in the U.S. and is a great product for replication…

Misunderstood California law could protect your home’s fire insurance. How does it work? [The Sacramento Bee]

May 31, 2022

Your insurance company may be required to maintain your fire coverage if you live in a high-risk area in California— but the law that protects your home can be misinterpreted, as was the case for a Shasta Valley resident after she received a premature notice her policy was canceled. Under another insurance code in California, insurers must give a 75- day notice if…

This woman’s insurer ended her policy after a wildfire, but a law still protected her. [The Sacramento Bee]

May 31, 2022

“Your property does not meet our wildfire eligibility guidelines,” Grange Insurance Association wrote to her on April 26.“ We will not renew this policy when it expires.”. Rickers is currently paying about $906 a year to safeguard her cherished blue house in Shasta Valley; she’ d gotten a previous quote saying that if she switched policies, she’ d have to pay almost…

One80 Intermediaries Acquires VFIS of North Carolina Deepening Emergency Services Capabilities

May 31, 2022

One80 Intermediaries, a specialty insurance broker headquartered in Boston, today announced that it has entered into an agreement to acquire VFIS of North Carolina, an independent producer and Regional Director for VFIS. Additionally, we are delighted to welcome Jackie Ireland and his incredible team as part of our growing One80 family,” said Matthew F. Power,…

Home State Health Appoints Jeff Johnston as CEO in Missouri

May 31, 2022

–Home State Health announced today that Jeff Johnston has been appointed as Plan President and Chief Executive Officer, effective May 31, 2022. As CEO of Home State Health, Mr. Johnston will oversee the organization's Medicaid, Medicare and Health Insurance Marketplace plans. "We are delighted to have Jeff's hospital, physician and community relations…

Data Analytics in L&H Insurance Market to Witness Huge Growth by 2027: Swiss Re, Majesco,

May 31, 2022

New Jersey, USA—- 05/31/2022– The latest study released on the Global Data Analytics In L&H Insurance Market by AMA Research evaluates market size, trend, and forecast to 2027. The Data Analytics In L&H Insurance market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people…

With a return to Labor government, it's time for an NDIS 'reset'

May 31, 2022

Labor’ s election win sees a return of the National Disability Insurance Scheme to the control of the party that first passed legislation for it. Bill Shorten’ s appointment as NDIS Minister makes him responsible for the scheme he championed and helped establish. Last year the National Disability Insurance Agency created a taskforce to cut growth in funding…

Sun Life hosting IFRS 17 investor education call

May 31, 2022

-Sun Life Financial Inc. is hosting an IFRS 17 investor education session and Q&A today, Tuesday, May 31, 2022 at 8:30 a.m. ET. A replay of the conference call will be available from Tuesday, May 31, 2022 at 12 p.m. ET until 12 p.m. ET on Tuesday, June 14, 2022 by calling 404-537-3406 or 1-855-859-2056 using Conference ID: 2486270.. Sun Life has operations in a number of…

Janet Trautwein: 'Medicare for All' bad news for patients

May 31, 2022

Legislators in several states are taking up the charge for "Medicare for All." In California, Democrats call for "a universal, single-payer healthcare system" as part of their party platform. A bid to install such a system failed in the California Assembly at the end of January, but the Golden State's leaders have promised to make another run at it.

Senate Budget Committee Issues Testimony From National Nurses United

May 31, 2022

The Senate Budget Committee issued the following testimony by National Nurses United Executive Director Bonnie Castillo involving a hearing on May 12, 2022, entitled "Medicare for All: Protecting Health, Saving Lives, Saving Money":. I am a Registered Nurse and Executive Director of National Nurses United, the largest union and professional association of RNs…

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