ERIE, Pa., Dec. 18, 2024- Erie Insurance today announced that Cody Cook and Sarah Shine have been promoted to executive vice presidents, effective Jan. 1, 2025. Both leaders are currently serving as senior vice presidents and have been members of ERIE's Executive Council since June. Cook joined Erie Insurance in 2003 as an actuary in Personal Lines and predictive…
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People who want health coverage starting Jan. 1 have until Wednesday to sign up at an ACA marketplaceThe deadline was extended from Dec. 15 to Dec. 18 this yearIf you miss the Wednesday deadline, you still have until Jan. 15 in most states to sign up for 2025 coverage that will commence on Feb. 15. WEDNESDAY, Dec. 18, 2024– Folks need to act now if they want health insurance…
California's plan to stabilize its faltering home insurance market is now law, meaning homeowners in fire-prone areas and beyond may soon have an easier time finding coverage. "Giving people more choices to protect themselves is how we will solve California's insurance crisis," Lara said in a statement. But last week, Farmers Insurance, the state's…
Registered voters in Tennessee voiced overwhelming support for Medicaid expansion, including 55% of MAGA Republicans, and, further, they believe health insurers and pharmaceutical companies are largely responsible for high healthcare costs. "While much ink has been spilled about what the election results mean about the electorate, these results suggest…
Retail sales rose 0.7% in November, the Commerce Department said Tuesday, a solid increase and higher than October's 0.5% gain. The boost in spending underscores that the economy is still growing at a healthy pace even with higher interest rates, a trend that could cause the Federal Reserve to lower borrowing costs more slowly next year than they have…
NEW YORK, NY, UNITED STATES, December 12, 2024/ EINPresswire.com/– ReSource Pro, a leading strategic operations partner to insurance organizations, and InsurTech NY, one of the largest insurtech communities in North America, today released a new research report examining insurtech MGAs and their impact on reshaping the insurance landscape.
Luigi Mangione, charged with murder against UnitedHealthcare insurer CEO Brian Thompson, will appear in a Pennsylvania court on Monday, December 23. In total, Luigi Nicholas Mangione will face eleven charges in New York, including two counts of second-degree murder, one of them as a crime of terrorism "for the brazen, targeted and premeditated shooting of Brian…
The rates are assessed on the paychecks of the enrolled employees of Burlington County, the Burlington County Bridge Commission, Rowan College at Burlington County and the Burlington County Board of Social Services to cover their medical and prescription drugs benefits. "This is fantastic news for our employees and their families, as well as Burlington…
LINCOLN— Max Perry was ousted from day care as a tot. "We were living in hell," said Nikki Perry, a law school graduate who left a pharmaceutical sales job to be more involved in her son's treatments. But the Lincoln mom and other advocates now face a different anxiety, worried that such services could be jeopardized for a growing number of Nebraska's most vulnerable…
Rochelle Park, N.J., December 18, 2024- Sapiens International Corporation,, a leading global provider of software solutions for the insurance industry, announced today that Sapiens UnderwritingPro for Life& Annuities has received a 2024 XCelent award, in the Customer Base and Support categories in the North America region for new business and automated…
"Wanted" posters with the names and faces of health care executives have popped up on the streets of New York. An internal New York Police Department bulletin warned this week that the online vitriol that followed the shooting could signal an immediate "elevated threat." "Wanted" posters pasted to parking meters and construction site fences in Manhattan included…
But CVS Health believes it can succeed where others have stumbled– and Houston is serving as a testing ground. The program is currently limited to certain Aetna health insurance plans, but CVS Health is in discussions to add additional payors. CVS Health believes it can succeed because it has built MinuteClinic into a "household name" in health care, said Dr.
Anger over health insurance companies has been in the spotlight after Thompson was fatally shot Dec. 4 in New York City. Luigi Mangione, a 26- year-old, was arrested last week in Pennsylvania and faces charges in Thompson's killing. Spencer Kimball, the executive director of Emerson College Polling, said 22 percent of Democrats said they found the killing…
—The Federal Reserve cut its key interest rate Wednesday by a quarter-point— its third cut this year— but also signaled that it expects to reduce rates more slowly next year than it previously envisioned, mostly because of still-elevated inflation. The central bank's expectation of just two rate cuts in 2025 rattled Wall Street, sending stock prices plummeting…
The Best’ s Market Segment Report,“ Market Segment Outlook: Malaysia Non-Life Insurance,” states that the non-life sector is poised for significant growth, underpinned by economic recovery, rate hikes due to high inflation and rising claims and growing demand for digital insurance and takaful products. At the same time, Malaysia’ s non-life insurers face rising…
As we prepare for the housing market in the upcoming year, it can be a fool's errand to try and predict what will happen. The Federal Reserve had been maintaining its benchmark federal funds rate around 5% in order to bring inflation down. The Fed's first cut wasn't until September, when they announced a 0.5% cut.
Document UNITED STATES OF AMERICA BEFORE THE SECURITIES AND EXCHANGE COMMISSION APPLICATION FOR AN ORDER PURSUANT TO SECTION 3 OF THE INVESTMENT COMPANY ACT OF 1940 DECLARING THAT MARQETA, INC. IS PRIMARILY ENGAGED IN A BUSINESS OTHER THAN THAT OF INVESTING, REINVESTING, OWNING, HOLDING, OR TRADING IN SECURITIES In the Matter of MARQETA, INC. File No. 812- Please…
Arkansas lawmakers spent five hours Monday debating whether to permanently require pharmacy benefit managers to include dispensing fees in their reimbursements to pharmacies for prescription drugs. The Joint Insurance and Commerce Committee questioned Arkansas Insurance Department staff and heard public comment from 11 people for and against the…
WARREN, New Jersey- December 17, 2024- Everest today announced the appointment of Craig Hanrahan to lead its North America Insurance field operations, overseeing the four United States retail regions: Northeast, South, Central, and West. "Craig is a trusted and collaborative industry leader whose strategic vision, strong relationships, and results-driven…