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City creates new position [The High Point Enterprise, N.C.]

November 30, 2023

Nov. 30— HIGH POINT— The city says it needs an internal risk manager staff position to handle insurance claims. Once filled, it will be funded by vacancy savings in the current budget and will be added as a permanent item in future budgets. "This is a very common position that many other jurisdictions our size have," said Financial Services Director Bobby Fitzjohn.

Suspected insurance fraudster William Mize arrested in Florida after four years on the run

November 30, 2023

The alleged mastermind behind a multimillion-dollar fraud ring out of Spokane was arrested in Florida Tuesday after more than four years on the run, U.S. Marshals said. Marshals received a tip about William Mize that led to his arrest at a marina in Jacksonville, Florida, Chief Deputy U. "William Mize was a fugitive who thought that because he had financial means, he…

Spokane fraud suspect William Mize arrested in Florida after four years on the run [The Spokesman-Review, Spokane, Wash.]

November 29, 2023

Nov. 29— The alleged mastermind behind a multimillion-dollar fraud ring out of Spokane was arrested in Florida Tuesday after more than four years on the run, U.S. Marshals said. Marshals got a tip about William Mize that led to his arrest at a marina in Jacksonville, Florida, Chief Deputy U. "William Mize was a fugitive who thought that because he had financial means, he…

FIDELIS ALERT: Bragar Eagel & Squire, P.C. is Investigating Fidelis Insurance Holdings Limited on Behalf of Fidelis Stockholders and Encourages Investors to Contact the Firm

November 29, 2023

Bragar Eagel& Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Fidelis Insurance Holdings Limited on behalf of Fidelis stockholders. If you purchased or otherwise acquired Fidelis shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims,…

United States $5.5 Bn Travel Insurance Markets, Competition, Forecast & Opportunities, 2028F

November 29, 2023

–The "United States Travel Insurance Market Competition Forecast& Opportunities, 2028" report has been added to ResearchAndMarkets.com' s offering. United States travel insurance market is projected to reach a value of $5.5 billion by 2028 from $4 billion in 2022, growing at a CAGR of 5%. Between 2018 and 2020, customers spent approximately USD 1.72 billion on…

Resilience Achieves the AWS Cyber Insurance Competency, Bringing Next Generation Cyber Risk Management to AWS Customers

November 29, 2023

–Resilience, a next generation cyber risk solutions company, announced today that it has achieved the Amazon Web Services Cyber Insurance Competency. This specialization recognizes Resilience as an AWS Partner that helps AWS customers improve their security posture and find affordable cyber insurance policies through a new, simplified customer…

Alaska health care providers sue to keep minimum payments

November 29, 2023

A group of Alaska health care providers has sued the state government, seeking to keep in place a state regulation that sets a floor for how much private health insurance plans pay for out-of-network services. The Alaska Division of Insurance plans to repeal the rule effective Jan. 1. John Morris, who chairs a coalition of doctors that, along with other provider…

Study Results from Institute of Sociology Provide New Insights into Equity in Health (Typologies of dependency, household characteristics, and disparity in formal and informal care use: analysis of community-dwelling long-term care insurance …): Health and Medicine – Equity in Health

November 29, 2023

2023 NOV 29– By a News Reporter-Staff News Editor at Hospital& Nursing Home Daily– Fresh data on equity in health are presented in a new report. According to news reporting from the Institute of Sociology by NewsRx journalists, research stated,“ A comprehensive understanding of subgroups of community-dwelling older adults and their long-term care utilization…

Not everyone happy as Citizens Insurance’s ‘depopulation’ drives decline of policies [South Florida Sun-Sentinel]

November 29, 2023

Thanks to its depopulation efforts, state-owned Citizens Property Insurance Corp. saw its first month-to-month policy-count decline in years between September and October. The number of policies held by Citizens dropped from 1,407,805 on Sept. 30 to 1,334,620 at the end of October, said Kelly Booten, Citizens "chief operating officer, during a meeting of the…

Expanded Medicaid is finally here for 3,000 uninsured in Haywood [The Mountaineer, Waynesville, N.C.]

November 29, 2023

Nov. 28— The year 2024 could become a life-changing one for about half a million people in North Carolina— 3,000 people in Haywood— who lack access to affordable health care. Medicaid will finally be expanded in North Carolina for 2024 after years of partisan, political infighting over the issue. North Carolina was one of the last states to do so, with only nine other…

Patent Application Titled “Using Images And Voice Recordings To Facilitate Underwriting Life Insurance” Published Online (USPTO 20230360143): State Farm Mutual Automobile Insurance Company

November 29, 2023

2023 NOV 29– By a News Reporter-Staff News Editor at Insurance Daily News– According to news reporting originating from Washington, D.C., by NewsRx journalists, a patent application by the inventors Bernico, Michael L.; Myers, Jeffrey S., filed on July 21, 2023, was made available online on November 9, 2023. The assignee for this patent application is State Farm Mutual…

Patent Issued for Blockchain systems and methods for managing property loan information (USPTO 11810189): State Farm Mutual Automobile Insurance Company

November 29, 2023

2023 NOV 29– By a News Reporter-Staff News Editor at Insurance Daily News– A patent by the inventors Awasthy, Lokesh, filed on November 14, 2022, was published online on November 7, 2023, according to news reporting originating from Alexandria, Virginia, by NewsRx correspondents. Patent number 11810189 is assigned to State Farm Mutual Automobile Insurance…

Patent Application Titled “Using a Distributed Ledger to Determine Fault in Subrogation” Published Online (USPTO 20230360140): Patent Application

November 29, 2023

2023 NOV 29– By a News Reporter-Staff News Editor at Insurance Daily News– According to news reporting originating from Washington, D.C., by NewsRx journalists, a patent application by the inventors Call, Shawn M.; Clayton, Wendy H.; Flesher, Kim E.; Graff, Douglas A.; Leise, William J.; Magerkurth, Melinda Teresa; McCoy, Anthony; McCullough, Stacie A.; Runge, Travis Charles; Skaggs,…

Data on Risk Management Detailed by a Researcher at Plekhanov Russian University of Economics (The Analysis of Methodological Integrity in The Operational Risk Management of Modern Banks): Insurance – Risk Management

November 29, 2023

2023 NOV 29– By a News Reporter-Staff News Editor at Insurance Daily News– New study results on risk management have been published. According to news reporting out of Plekhanov Russian University of Economics by NewsRx editors, research stated,“ The aim of the article is to study the importance of maintaining methodological integrity in the operational risk…

Study Findings on Mathematics Published by Researchers at Parahyangan Catholic University (Prediction of Maternity Recovery Rate of Group Long-Term Disability Insurance Using XGBoost): Mathematics

November 29, 2023

According to news reporting out of Parahyangan Catholic University by NewsRx editors, research stated,“ To help insurers determine insurance rates incorporating maternity factors, it is crucial to understand the maternity recovery rate, which was a metric used by insurance companies to understand how much of the expenses associated with maternity care…

Lawsuit claims insurer conned Iowa lawmakers into passing tort reform

November 29, 2023

A newly filed lawsuit claims an insurance company engineered a record-setting medical malpractice judgment in Iowa to spur state legislators into passing tort-reform legislation. The award, believed to be the largest medical malpractice judgment in Iowa history, was later reduced to $75.6 million. "Once a jury decided the case was worth $97 million,…

New Findings Reported from Harvard Medical School Describe Advances in COVID-19 (Continuous Medicaid coverage during the COVID-19 public health emergency reduced churning, but did not eliminate it): Coronavirus – COVID-19

November 29, 2023

2023 NOV 29– By a News Reporter-Staff News Editor at CDC& FDA Daily– Investigators publish new report on COVID-19. Our news journalists obtained a quote from the research from Harvard Medical School:“ To this end, the Families First Coronavirus Response Act implemented a continuous coverage policy in Medicaid to shore up access to health insurance.

Arthur J. Gallagher & Co. to Webcast Investor Meeting with Management

November 29, 2023

–Arthur J. Gallagher& Co. will be hosting an informal management meeting with the investment community in New York City on Wednesday, December 13 th from 8:30 am until approximately 11:30 am ET. Arthur J. Gallagher& Co., a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois.

Treasury Dept. Info Collection: Terrorism Risk Insurance Program

November 29, 2023

The U.S. Department of the Treasury will ask the Office of Management and Budget to review an information collection entitled "Terrorism Risk Insurance Program." The notice was issued by Spencer W. Clark, Treasury PRA Clearance Officer. The Department of the Treasury will submit the following information collection request to the Office of Management and…

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