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Thanks to ACA, health care is more affordable

April 30, 2024

As the chairs of our respective health committees in the General Assembly, we are tasked with considering every bill impacting health policy in Virginia. Over the last few months, Virginia transitioned from healthcare.gov to a new, state-operated health insurance marketplace, thanks to a provision in the Affordable Care Act empowering states to run their…

BLS: 51 Percent of Private Industry Workers Participated in High Deductible Health Plans in 2023

April 30, 2024

WASHINGTON, April 30– The U.S. Department of Labor's Bureau of Labor Statistics issued the following document on April 29, 2024, from Economics Daily:. The deductible amount ranged from $2,000 for management, professional, and related workers to $3,000 for workers in service occupations and in natural resources, construction, and maintenance occupations.

American Property Casualty Insurance Association: Insurance Experts Answer Coverage & Claims Questions After Destructive Tornado Outbreak in the Plains & Midwest

April 30, 2024

The American Property Casualty Insurance Association issued the following news release:. Following the deadly and destructive tornado outbreak that impacted states in the Plains and Midwest regions, particularly Oklahoma, Nebraska, and Iowa, insurance experts are answering key questions about insurance coverage and providing helpful information to…

Star Health Insurance Records PAT Growth of 37% to Rs 845 Crores in FY24

April 30, 2024

–Star Health and Allied Insurance Company Ltd., market leader in retail health insurance, today announced robust financial results for its Q4 and FY2024. In FY'24 the Company reported a record profit of Rs 845 Cr, up 37% and an increase of 18% in Gross Written Premium to Rs 15,254 Cr. Star Health Insurance' growth in GWP in FY24 is a result of strong retail health…

N.Y. A.G. James Urges UnitedHealth Group to Help Patients and Providers Harmed by Cyberattack

April 30, 2024

New York Attorney General Letitia James joined a multistate, bipartisan coalition of 22 attorneys general in urging UnitedHealth Group, Inc., the nation's largest health insurer, to better protect patients, providers, and pharmacies harmed by the recent cyberattack on its subsidiary, Change Healthcare. Following the cyberattack on Change Healthcare in…

CLARA Analytics and Origami Risk Partner to Accelerate AI Adoption for Risk Managers and Claim Handlers

April 30, 2024

Partnership Provides Claims Professionals Fast Access to Best-in-Class AI. SUNNYVALE, Calif.& CHICAGO—- CLARA Analytics, a leading provider of artificial intelligence technology for insurance claims optimization, today announced the company is expanding its relationship with Origami Risk, the industry-leading risk, safety and insurance software as a…

Allsup Named To USA Today’s Top Places To Work

April 30, 2024

–Allsup, a leading provider of Social Security Disability Insurance representation services, return to work and healthcare benefit services, veterans disability appeal, Disability Financial Solutions ® and other services is proud to announce it has been named to USA Today’ s“ Top Places to Work.” This prestigious award distinguishes Allsup as a national…

Progressive Insurance Continued Growth Leads to More Than 10,000 Open Roles in 2024

April 30, 2024

Progressive Insurance issued the following news release on April 29, 2024:. To help support several years of continued year-over-year growth, today, Progressive Insurance announced plans to hire thousands of job seekers for numerous roles across the country in 2024. "Our talented group of more than 60,000 employees across the country are at the forefront of…

Q1 2024

April 30, 2024

On April 29, 2024, Aspen Insurance Holdings Limited reported certain unaudited financial highlights* in connection with the performance of the Company for the three-months ended March 31, 2024. Aspen produced a strong set of results for the first quarter of 2024 delivering $103 million of operating income driven by an 86.3% adjusted combined ratio, that…

AXA XL Announces Launch of Active Assailant Ecosystem Preferred Partners Network

April 30, 2024

In light of the alarming increase in mass shootings across the United States and Canada, AXA XL recognizes the urgent need for comprehensive solutions to mitigate the risks posed by such incidents. Our offering underscores our commitment to innovation and client-centric solutions, "said Morgan Shrubb, Head of War, Terrorism and Political Violence for the…

2024 VIG Holding Remuneration Policy

April 30, 2024

VIENNA INSURANCE GROUP AG Wiener Versicherung Gruppe. The following remuneration policy of Vienna Insurance Group AG Wiener Versicherung Gruppe has been prepared by the Supervisory Board Committee for Managing Board Matters and approved by the Supervisory Board. The remuneration policy will become effective upon the passing of a resolution in the 33 rd…

2023 VIG Holding Remuneration Report

April 30, 2024

VIENNA INSURANCE GROUP AG Wiener Versicherung Gruppe. The following remuneration report was prepared by the Managing Board and Supervisory Board of Vienna Insurance Group AG Wiener Versicherung Gruppe and gives a detailed overview of the remuneration paid or owed to current or previous members of the Managing Board and Supervisory Board during the…

CRISIL, Maxxsure forge strategic partnership to redefine technology risk management

April 30, 2024

NEW YORK and MUMBAI, India, April 30, 2024/ PRNewswire/– CRISIL, an S&P Global company and a global leader in non-financial risk management, has entered a transformative partnership with Maxxsure, the premier expert in cyber risk management and cyber insurance analytics. Says Arul Yagappan, Head of Non-Financial Risk Solutions, CRISIL Global Research& Risk…

Kirkland Advises Aon on Sale of Townsend Group

April 30, 2024

Kirkland and Ellis, a law firm, issued the following news release:. Kirkland& Ellis is advising global services firm Aon plc on the sale of real estate and real asset investment advisory services firm The Townsend Group to an investment group led by The Riverside Company. The Kirkland team is being led by corporate partners Melanie Harmon and Jon Davis and…

Thanks to ACA, health care is more affordable

April 30, 2024

As the chairs of our respective health committees in the General Assembly, we are tasked with considering every bill impacting health policy in Virginia. Over the last few months, Virginia transitioned from healthcare.gov to a new, state-operated health insurance marketplace, thanks to a provision in the Affordable Care Act empowering states to run their…

Department of Labor Takes Additional Steps to Protect Critical Affordable Care Act Consumer Protections Through Association Health Plan Rule Rescission

April 30, 2024

The U.S. Department of Labor Employee Benefits Security Administration issued the following news release on April 29, 2024:. The Department of Labor today announced that its Employee Benefits Security Administration issued a final rule that will reinforce critical healthcare protections for consumers in plans offered by small employers or available…

Senate Health Committee Ranking Member Cassidy Blasts Biden Final Rule Limiting Workers Access to Health Coverage

April 30, 2024

Bill Cassidy, R- Louisiana, ranking member of the Senate Health, Education, Labor and Pensions Committee, issued the following news release on April 29, 2024:. Today, U.S. Senator Bill Cassidy, M.D., ranking member of the Senate Health, Education, Labor, and Pensions Committee, blasted the Department of Labor's final rule limiting the ability of American workers to…

Struck by Lightning: How Businesses Can Become More Resilient – Triple-I and LPI

April 30, 2024

The Insurance Information Institute issued the following news release:. Fires resulting from lightning strikes cause 3% to 5% of all U.S. commercial property insurance claims, accounting for billions annually in covered payouts to small and medium-sized businesses, according to the Insurance Information Institute and the Lightning Protection…

Half of Auto Insurance Customers Currently Shopping for New Policies, J.D. Power Finds

April 30, 2024

The average cost of auto insurance in the United States is up 22.2% year over year through the end of February, more than any other category of household expenses measured in the U.S. Department of Labor Statistics Consumer Price Index. 1 According to the J.D. Power 2024 U.S. Nearly half of U.S. auto insurance customers say they are actively shopping for a new plan.

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