Both companies are domiciled in Brazil. Junto Re is classified as a local reinsurer in Brazil and mainly operates as a captive reinsurer for Junto Seg, an organization that has been writing surety directly for more than two decades. Junto Seg is the market-facing company of the group and the leading surety writer in Brazil.
Newswires
A growing Durham financial services company has committed to create 1,000 jobs in the Triangle by next decade. Through a new state job development investment grant, the life insurance and annuities provider Aspida committed to hire these workers in Durham between 2028 and 2032, the N.C. The company has around 200 local employees at its main office in south…
Rising health care costs and the looming expiration of Obamacare subsidies are among the reasons that Blue Cross Blue Shield of Wyoming says it is increasing its health insurance premiums next year. No health plan wants to send members this kind of rate increase, "CEO and President Diane Gore wrote in a statement. Premiums for Blue Cross Blue Shield of Wyoming's…
ALEXANDRIA, Va., Nov. 19, 2025/ PRNewswire-PRWeb/– As insurance lawsuits hit record levels, a new survey from the Independent Insurance Agents& Brokers of America reveals growing concern that excessive and abusive litigation is driving up costs for consumers and reforms are needed. Independent agents are working with their customers so they further understand…
Rather than simply extending enhanced tax credits that Democrats want and most Republicans oppose, the Baton Rouge Republican who chairs the Senate’ s health committee would redirect the money into tax-free accounts. Those subsidies are set to expire in six weeks, which would lead to an average doubling of policy prices and would force about 4 million people…
The following information was released by America's Health Insurance Plans:. The data shows "the typical person with an ACA plan is an adult in their mid-40s with an income between 100 and 200 percent of the federal poverty line, or about $21,000 to $42,000 for a family of two." The Post also reported that in some states, an especially large percentage of the…
The following information was released by America's Health Insurance Plans:. News reports in states throughout the nation are shedding additional light on the negative consequences Americans will experience if Congress fails to extend the enhanced premium tax credits that have made high-quality health care coverage affordable for more than 22 million…
—A majority of Federal Reserve policymakers expressed support in late October for further interest rate cuts, though not all committed to making the reduction at their next meeting in December, according to minutes released Wednesday. Chair Jerome Powell had telegraphed the deep divisions among the Fed's 19- member interest-rate setting committee at a…
AM Best has affirmed the Financial Strength Rating of A++ and the Long-Term Issuer Credit Ratings of“ aa+” of the life/health subsidiaries of Delphi Financial Group, Inc.: Reliance Standard Life Insurance Company and First Reliance Standard Life Insurance Company. AM Best also has affirmed the FSR of A++ and the Long-Term ICRs of“ aa+” of DFG’ s property/casualty…
The federal government has reopened after a 43- day shutdown driven by a fight over the future of Affordable Care Act subsidies, and the question now is what millions of Americans will pay for health insurance if Congress does not act. New estimates from the Center on Budget and Policy Priorities, a non-partisan research group that is in favor of extending the…
Rather than simply extending enhanced tax credits that Democrats want and most Republicans oppose, the Baton Rouge Republican who chairs the Senate's health committee would redirect the money into tax-free accounts. Those subsidies are set to expire in six weeks, which would lead to an average doubling of policy prices and would force about 4 million people…
Independent Health may not be fully independent for much longer, after the Amherst insurer announced Tuesday it“ will join” MVP Health Care’ s family of companies through an affiliation. In affiliation, Independent Health to join Schenectady's MVP Health Care. Amherst- based Independent Health will join with MVP Health Care, based in Schenectady.
A growing Durham financial services company has committed to create 1,000 jobs in the Triangle by next decade. Through a new state job development investment grant, the life insurance and annuities provider Aspida committed to hire these workers in Durham between 2028 and 2032, the N.C. The company has around 200 local employees at its main office in south…
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a+” of Stellar Insurance, Ltd., an indirectly wholly owned subsidiary of the Saudi Arabian Oil Company. The outlook of these Credit Ratings is stable. The ratings reflect Stellar’ s balance sheet strength, which AM Best assesses as very strong, as well as its strong…
The health insurer Medica announced Monday it is acquiring contracts and assets connected to the remaining health insurance business at its nonprofit peer UCare. Sources tell the Minnesota Star Tribune the wind down will be complete next year, although the exact timeline is not clear. “Combined, UCare and Medica have nearly a century of industry expertise and…
The exact timeline is unclear, but the Minneapolis- based insurer announced Monday about 300,000 people receiving Medicaid and Affordable Care Act benefits through UCare will transition to Medica, a nonprofit health insurer based in Minnetonka. Sources told the Minnesota Star Tribune the transaction will set the stage for winding down UCare in 2026.
Meanwhile, insurers have been struggling to make money while managing patient care in the program for low-income beneficiaries known as Medicaid— a business that’ s been especially difficult in Minnesota. Those two developments proved disastrous for UCare, the Minneapolis- based nonprofit health insurer that on Monday announced the sale of its remaining…
A growing Durham financial services company has committed to create 1,000 jobs in the Triangle by next decade. Through a new state job development investment grant, the life insurance and annuities provider Aspida committed to hire these workers in Durham between 2028 and 2032, the N.C. The company has around 200 local employees at its main office in south…
The USD/BRL closed near the 5.3218 ratio yesterday, this after touching highs earlier in the day around the 5.3475. U.S equity indices have faced headwinds the past few days, and tomorrow a delayed U.S jobs report will be brought forth which will cause dynamic market action. A lack of clarity regarding Federal Reserve interest rate policy has caused…
