–Policybazaar, India's leading online insurance marketplace, is witnessing a significant increase in non-resident Indians choosing term insurance from India via its platform. The demand among the 18-60 age group has seen an impressive 130% year-on-year growth, with India emerging as the preferred choice for NRIs residing in the US, Canada, and select…
We all hope to remain healthy and independent throughout our lives— but life can be unpredictable. You may never need any of these kinds of care, but the odds aren't necessarily in your favor: Someone turning age 65 today has almost a 70 percent chance of needing some type of long-term care services and support in their remaining years, according to the U.S….
Mar. 28— A federal judge ruled Thursday that Louisiana and nine other states can move forward with a legal challenge to the nation's controversial new system for setting flood insurance rates, which is provoking sharp increases for many homeowners. Only the 10 states taking part in the suit as well as St. Tammany, Livingston and Washington parishes can now be…
Jackson Healthcare ®, a family of highly specialized healthcare staffing, search and technology companies, today announced the promotion of David Robertson to chief risk officer. In this role, he oversees all enterprise risk management functions, including risk transfer, insurance procurement, claims litigation management, captive management,…
The American Council of Life Insurers issued the following news release on March 28, 2024:. The Departments of Health and Human Services, Labor and the Treasury made critical changes to the final "Tri-Agency" rule on short-term, limited duration health plans that ultimately did not negatively impact supplemental benefits. "The agencies took care in the final…
The National Insurance Crime Bureau issued the following news release:. The legislation, which was strongly supported by the National Insurance Crime Bureau, will provide critical consumer protections so Floridians do not become a victim of predatory towing practices. "Predatory towing in Florida has emerged as a pressing issue for the Sunshine State,…
The Association for Community Affiliated Plans issued the following statement on March 28, 2024:. Margaret A. Murray, Chief Executive Officer of the Association for Community Affiliated Plans, issued the following statement on the new regulation governing short-term, limited-duration insurance plans released by the Biden Administration.
The American Society of Clinical Oncology issued the following statement on March 28, 2024:. Today the Department of Health and Human Services, Department of Labor and the Treasury Department finalized a rule regulating the availability of short-term limited duration insurance plans. A statement from the Association of Clinical Oncology Board Chair,…
The American Property Casualty Insurance Association issued the following statement on March 28, 2024:. The following statement from the American Property Casualty Insurance Association is in response to the California Department of Insurance Complete Rate Application regulations hearing held on March 26, 2024. "We appreciate the Commissioner…
The National Health Council issued the following statement on March 28, 2024, with 34 organizations:. On behalf of patients with serious and chronic health concerns, our 35 groups welcome and celebrate the Biden Administration's new rule that will better protect patients from short-term, limited-duration health plans, a risky form of low-quality health…
The New Jersey Business and Industry Association issued the following news:. NJBIA's Health Affairs Policy Committee Meeting recently held a virtual meeting with Assemblywoman Shanique Speight, Chair of the Assembly Aging and Human Services Committee, to discuss her legislative priorities in the current session. During her remarks, Assemblywoman…
The Arizona Department of Insurance and Financial Institutions joined financial regulatory agencies from 38 states, Puerto Rico and the District of Columbia to stop the money transmission activities of Sigue Corp. through issuance of a Consent Order. Sigue Corp. has been a licensed money transmitter in Arizona since 2018. In Arizona, 249 consumers have…
Paul Hastings, a law firm, issued the following news on March 28, 2024:. Paul Hastings LLP advised Pemberton Asset Management, one of Europe's leading private credit managers, in relation to the launch of the Zurich Private Debt ELTIF, Zurich Insurance Group's first European Long-Term Investment Fund 2.0, the portfolio of which will be managed by Pemberton.
The House Appropriations Committee issued the following testimony by Health and Human Services Secretary Xavier Becerra involving a hearing on March 20, 2024, entitled "Fiscal Year 2025 Request for the Department of Health and Human Services":. Chair Aderholt, Ranking Member DeLauro, and Members of the Subcommittee, thank you for the opportunity to discuss…
NEW YORK, March 29– The National Multiple Sclerosis Society issued the following statement on March 28, 2024, with 34 organizations:. On behalf of patients with serious and chronic health concerns, our 35 groups welcome and celebrate the Biden Administration's new rule that will better protect patients from short-term, limited-duration health plans, a risky…
Bill Cassidy, R- Louisiana, ranking member of the Senate Health, Education, Labor and Pensions Committee, issued the following news release on March 28, 2024:. Today, U.S. Senator Bill Cassidy, M.D., ranking member of the Senate Health, Education, Labor, and Pensions Committee, rebuked the Biden administration's final rule restricting access to short-term insurance…
Louisiana Attorney General Liz Murrill issued the following statement on March 28, 2024:. Today, Judge Darrel James Papillion, with the United States District Court for the Eastern District of Louisiana, gave a ruling on our lawsuit challenging FEMA's skyrocketing rates for the National Flood Insurance Program. As we move through the next phases of…
The U.S. Department of Agriculture's Risk Management Agency has issued the following news release on March 28, 2024:. The U.S. Department of Agriculture has expanded its Nursery Value Select crop insurance program to all counties in all states, and the USDA Risk Management Agency is encouraging interested nursery producers to learn more about the program…
Annals of Actuarial Science, a peer-reviewed journal that says it features life insurance, non-life insurance, pensions, health insurance, econometrics, insurance economics and financial risk management from the Institute and Faculty of Actuaries, published research articles on the following topics in its March 2024 edition:. *On Bayesian credibility mean…
