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CONSUMER ALERT: LKLSG and Doss Firm, LLC Investigating Potential Lawsuit Against True Coverage, LLC For Using Deceptive and Misleading Online Advertisements Falsely Promising Cash Cards to Consumers to Entice Them Into Purchasing Obamacare Health Insurance Plans

January 31, 2024

–The law firms of Levine Kellogg Lehman Schneider+ Grossman LLP in Miami and The Doss Firm, LLC in Atlanta are investigating potential legal action against True Coverage, LLC for allegedly misleading consumers into purchasing ACA or Obamacare health plans. The law firms of Levine Kellogg Lehman Schneider+ Grossman LLP in Miami and The Doss Firm, LLC in Atlanta…

Q1 2024 Insurance Labor Market Study Results to be Highlighted in Webinar

January 31, 2024

The semi-annual study was conducted by The Jacobson Group, the leading provider of talent to the insurance industry, and Aon plc, a leading global professional services firm. During the webinar presentation, Gregory P. Jacobson, co-chief executive officer of The Jacobson Group, and Jeff Rieder, partner, head of Aon’ s Ward Benchmarking, will share key findings and…

CT-based health insurer Cigna to sell certain businesses for $3.7 billion [Hartford Courant]

January 31, 2024

Bloomfield- based Cigna Group said Wednesday it has agreed to sell certain businesses for about $3.7 billion, as the heath care giant pushes forward with a goal of building its other units, including its huge pharmacy-benefits manager, Express Scripts. Cigna, which employs thousands in Connecticut, mostly in the Hartford area, agreed to sell its Medicare…

Business Insurance Market Will Hit Big Revenues in Future : Prudential, Munich Re Group, Allianz, Aegon, Standard Life Assurance

January 31, 2024

The report " Automotive Shredded Residue Market by Application, Composition, Technology and Region- Global Forecast to 2028", is projected to reach USD 1.6 billion by 2028, at a CAGR of 6.6% from USD 1.1 billion in 2023.. Browse in-depth TOC on "Automotive Shredded Residue Market". Download PDF Brochure@ https://www.marketsandmarkets.com/pdfdownloadNew. asp?

Cloud Computing in Insurance Market Is Booming Worldwide : Adobe, Prudential, Alphabet, Amazon, Microsoft

January 31, 2024

The growth of the Business Insurance market was mainly driven by the increasing R&D spending across the world. Allianz, AXA, Nippon Life Insurance, American Intl. Group, Aviva, Assicurazioni Generali, State Farm Insurance, Dai-ichi Mutual Life Insurance, Munich Re Group, Zurich Financial Services, Prudential, Asahi Mutual Life Insurance, Sumitomo Life Insurance,…

Chubb Appoints Seth Gillston Head of North America Industry Practices

January 31, 2024

He will be based in New York City and report to John Lupica, Vice Chairman, Chubb Group and President, North America Insurance. Chubb North America Industry Practices include Energy, Real Estate& Hospitality, Construction, Life Sciences, Financial Institutions, Transportation, Manufacturing, Technology, Healthcare and Private Equity. Gillston will partner…

RenaissanceRe Holdings Ltd. (NYSE: RNR) Making Surprising Moves in Wednesday Session

January 31, 2024

RenaissanceRe Holdings Ltd. (NYSE: RNR) has caught the attention of the investment community today with its bullish price action. The company’s shares have moved 0.81% on the day to $211.92. RenaissanceRe Holdings Ltd. provides reinsurance and insurance products in the United States and internationally. The company operates through Property, and Casualty and Specialty segments. The […]

AM Best Withdraws Credit Rating of Net Insurance S.p.A.

January 31, 2024

AM Best has affirmed the Financial Strength Rating of B+ and the Long-Term Issuer Credit Rating of“ bbb-” of Net Insurance S.p.A.. The outlook of these Credit Ratings is stable. Notwithstanding extraordinary expenses incurred in 2022, the company delivered a profit after taxes of EUR 8.4 million.

Insurance Information Institute Releases Its 2023 Annual Report

January 31, 2024

Triple-I is making clear how U.S. insurers and reinsurers have long been seeing the impacts of increased climate risk and are promoting a more collective and communal approach to physical infrastructure resilience building. It is one of the reasons Triple-I contributed its flood mitigation insights in 2023 to a National Institute of Building Sciences…

Sun Life U.S. expands Health Navigator offering to group benefits clients to help more workers access healthcare

January 31, 2024

–Sun Life U.S. is now offering its healthcare navigation and advisory service to the large employer group benefits market, broadening employees' access to care with personal guidance that helps them get the right medical diagnoses, doctors and treatments for their specific needs and feel confident in their medical decisions. Health Navigator, powered by…

Anthem HealthKeepers Plus Makes $30,000 Donation to Provide Housing for the Homeless

January 31, 2024

“At Anthem HealthKeepers Plus in Virginia, we take great pride in developing partnerships that focus on improving lives and communities, particularly those that address stable living environments,” said Jennie Reynolds, president of Anthem HealthKeepers Plus of Virginia.“ Working with People Incorporated to support residents as they transition to…

Erie Indemnity Company (NASDAQ: ERIE) Sets New 52-Week High in Wednesday Session

January 31, 2024

Shares of Erie Indemnity Company (NASDAQ: ERIE) traded at a new 52-week high today and are currently trading at $277.86. So far today, approximately 116.14k shares have been exchanged, as compared to an average 30-day volume of 114.78k shares. Erie Indemnity Company operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange […]

CT-based health insurer Cigna to sell certain businesses for $3.7 billion [Hartford Courant]

January 31, 2024

Bloomfield- based Cigna Group said Wednesday it has agreed to sell certain businesses for about $3.7 billion, as the heath care giant pushes forward with a goal of building its other units, including its huge pharmacy-benefits manager, Express Scripts. Cigna, which employs thousands in Connecticut, mostly in the Hartford area, agreed to sell its Medicare…

SSM Health and Circuit Clinical partner to expand access to leading-edge oncology trials through clinical research

January 31, 2024

ST. LOUIS and BUFFALO, N.Y., Jan. 31, 2024/ PRNewswire/– SSM Health, a Catholic, not-for-profit and fully-integrated health system serving the comprehensive needs of communities across the Midwest, and Circuit Clinical, a leading integrated research organization, are entering into a strategic partnership that significantly expands access to leading-edge…

AM Best Affirms Credit Ratings of MLMIC Insurance Company

January 31, 2024

The ratings benefit from the financial support provided by MLMIC’ s direct parent company, National Indemnity Company, which is ultimately owned by Berkshire Hathaway Inc.. In the past five years, the company’ s net operating results have been skewed by the 100% loss portfolio transfer and 85% quota share agreement with National Indemnity Company, which were…

AM Best Removes From Under Review With Developing Implications and Affirms Credit Ratings of American Life & Security Corp.

January 31, 2024

AM Best has removed from under review with developing implications and affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of“ bbb” of American Life& Security Corp.. The rating actions follow the completed acquisition of ALSC’ s previous ultimate parent, Midwest Holding Inc., by an affiliate of Antarctica Capital on Dec. 21, 2023.

MetLife Named to Fortune Magazine’s List of the World’s Most Admired Companies

January 31, 2024

MetLife, Inc. today announced that it has been named to Fortune magazine’ s 2024 list of the“ World’ s Most Admired Companies.” This year’ s list included eight life insurers in the annual report card of the best-regarded companies. MetLife, Inc., through its subsidiaries and affiliates, is one of the world’ s leading financial services companies, providing insurance,…

Cheche Group Reports Third Quarter 2023 Unaudited Financial Results

January 31, 2024

–Cheche Group Inc., China's leading auto insurance technology platform, today announced its unaudited financial results for the third quarter ended September 30, 2023. Net revenue s for the quarter increased 10.5% year-over-year to RMB823.3 million, while net revenues for the first nine months of 2023 increased 27.7% over the comparable prior year period…

1,000 pounds National Insurance cut boosts Britain’s paychecks

January 31, 2024

Millions of UK workers see boost in take home pay today as cut to National Insurance shows in January’ s payslip as part of plan to reward work and boost growth. Thanks to the progress made against its economic priorities, the government announced it will cut National Insurance by 2 p from 12% to 10% at the Autumn Statement and made sure it took effect within weeks of…

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