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Munich Re Is Partner to PEF, World Bank Initiative to Contain Pandemic Outbreaks in Developing Countries

June 30, 2017

Munich Re has joined forces with the World Bank, the World Health Organization and other financial sector companies to create the first insurance solution to fight dangerous epidemics and pandemics in developing countries. This is why for the past few years the World Bank, in cooperation with Munich Re and other insurers, has worked on developing and…

Sen. Cornyn: Doing Nothing on Obamacare Is Not Option

June 30, 2017

John Cornyn, R- Texas, issued the following remarks on the Senate floor:. U.S. Senator John Cornyn stressed the importance of upholding the promise Republicans have made for seven years to replace the failed Obamacare law with real health care reform. He called Obamacare the craziest thing in the world because he knew well that no matter who won the election,…

A.M. Best Affirms American Family’s ‘A’ (Excellent) Rating

June 30, 2017

American Family Insurance issued the following news release:. A.M. Best recently affirmed the excellent financial strength ratings and stable outlooks of American Family Insurance group, American Family Life Insurance Company and Permanent General Insurance Group. It’s the third highest of their 15 ratings and is the fourteenth consecutive year…

Insurance Commissioner Releases Recommendations to Stabilize Individual Health Insurance Market, Meets With Consumers Amid Concerns Over Potential Federal Health Reforms

June 30, 2017

She noted all five insurers in the market this year filed to stay in the market for 2018, all Pennsylvania counties have on-exchange plans available for their residents based on those filings, which means consumers would have access to subsidies to help cover the costs, and insurance companies requested increases averaging 8.8 percent for individual…

13 Communities Receive Awards to Rehabilitate Historic Buildings

June 30, 2017

The Ohio Development Services Agency issued the following news release:. Today, the Ohio Development Services Agency awarded $34,977,855 in Ohio Historic Preservation Tax Credits to 30 new applicants planning to rehabilitate 36 historic buildings. This is the first-time historic preservation tax credits have been awarded in Bedford, Fairview Park, Troy,…

Mayor Ginther and Mount Carmel Health System Urge Senators to Revise U.S. Senate Health Care Bill

June 30, 2017

Columbus Mayor Andrew J. Ginther issued the following news release:. Mayor Andrew J. Ginther and Mount Carmel Health System urged Senators to revise the health care bill currently being considered by the U.S. Senate. Adequate health insurance coverage is essential to assuring that right, “said Ed Lamb, CEO of Mount Carmel Health System.

Gov. Cuomo Says Aetna Will Establish Corporate HQ in New York City

June 30, 2017

“Aetna’s decision to call New York home is another testament to the Empire State’s extraordinary economic momentum,” Governor Cuomo said. “New York has a deep, diverse talent pool and pro-growth environment that businesses need to succeed, and today more companies are choosing New York to grow and diversify their business. By relocating to New York and bringing…

Senate Republican Health Bill Would Harm Nevada’s Workers

June 30, 2017

Nevada would see particularly deep coverage losses, because the Senate bill would effectively end the state’s Medicaid expansion under the ACA and would slash the subsidies that help people afford coverage in the individual market. Many Nevadans who didn’t lose coverage under the Senate bill would end up with worse or less affordable health insurance.

Rep. Cramer: House Passes Bill to Reform Medical Litigation Laws

June 30, 2017

Kevin Cramer, R- N.D., issued the following statement:. Congressman Kevin Cramer supported H.R. 1215, the Protecting Access to Care Act, to reform medical litigation laws and provide better access care for patients. Congressman Cramer issued the following statement after the House of Representatives passed the bill.

Commissioner Redmer to Hold Second Public Hearing on Proposed Health Insurance Premium Rates

June 30, 2017

The Maryland Insurance Administration issued the following news release:. Maryland Insurance Commissioner Al Redmer, Jr. will hold a second public hearing on Monday July 17th from 10:00 am- 12:00 pm at the Maryland Insurance Administration located at 200 St. Paul Place, 24th Floor Hearing Room, Baltimore, MD 21202 to receive public input on revised filings…

Little-Noticed Medicaid Changes in Senate Health Plan Would Worsen Coverage, Reduce State Flexibility, and Raise Uncompensated Care Costs

June 30, 2017

Like the House bill, the Senate bill would radically restructure Medicaid financing and effectively phase out the Affordable Care Act’s Medicaid expansion, cutting federal Medicaid spending by $772 billion over ten years and enrollment by 15 million low-income people by 2026. The Senate plan, like the House bill, would take a step backwards by lowering…

TDCI, NAIC Share Money-Saving Car Insurance Options

June 30, 2017

The Tennessee Department of Commerce and Insurance issued the following news:. With the rise of public transportation and ridesharing services steering many consumers away from the driver’s seat, the Tennessee Department of Commerce& Insurance encourages Tennesseans to rethink their auto insurance options to determine if new products such as…

Senate Health Bill No Better Than House Version

June 30, 2017

The draft Senate health bill– the Better Care Reconciliation Act, or BCRA– slashes programs that help people get health coverage, using most of the savings to pay for tax cuts for high-income households and corporations. Like its House counterpart, the Senate bill would effectively end the Affordable Care Act’s Medicaid expansion for low-income adults; cut and…

First-In-Nation Regulations Anchors Brief on Medically Necessary Care for Transgender Vets

June 30, 2017

The California Department of Insurance issued the following news release:. An amicus brief filed yesterday by attorneys general from nine states and the District of Columbia on behalf of transgender veterans unfairly denied health care relies on regulations issued by California Insurance Commissioner Dave Jones. Currently, transgender veterans are…

House Majority Leader Shocked by Latest Attempts to Cut Medicaid Funding

June 30, 2017

If Rep. Parrish’s political consulting firm gathers enough signatures, the funding for OHP will go on hold until an election can be held, immediately threatening vital health care coverage for vulnerable families across the state. Given the critical nature of the funding for OHP, an amendment to Senate Bill 229 that will be considered in the House Rules…

Decades after devastating fire, Iowa warily allows fireworks

June 30, 2017

“They’ve made it really tough,” said Todd Wallace, who gave up on plans to sell fireworks from a tent in a grassy field on the edge of Des Moines. Iowa lawmakers were prodded to end the ban by polls showing support for legalizing fireworks, the prospect of $1.5 million annually in sales tax revenue and the conclusion that if 43 other states allowed consumer fireworks,…

Patent Issued for Methods and Systems for Regulating Tension in Warping (USPTO 9683316)

June 30, 2017

By a News Reporter-Staff News Editor at Journal of Engineering– A patent by the inventors Honeycutt, Mark Avery; Goble, Keith, filed on March 14, 2013, was published online on June 20, 2017, according to news reporting originating from Alexandria, Virginia, by VerticalNews correspondents. Patent number 9683316 is assigned to Columbia Insurance Company.

Trademark Application for “CROWDSURANCE” Filed by Nationwide Mutual Insurance Company

June 30, 2017

By a News Reporter-Staff News Editor at Insurance Weekly News– According to news reporting originating from Washington, D.C., by VerticalNews journalists, a trademark application has been made for “CROWDSURANCE” by Scott W. Linek And Amy R. Grayem, representing Nationwide Mutual Insurance Company. The owner/registrar information for this application is: Scott…

Analysis indicates that insurance expansion improves access to care, health, and survival

June 30, 2017

By a News Reporter-Staff News Editor at VerticalNews Health& Science– Boston, MA- There is strong evidence that expanding health insurance increases access to care, improves health in a variety of ways, and reduces mortality, according to Harvard T.H. Chan School of Public Health researchers who analyzed a decade’s worth of evidence on the effects of insurance…

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