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State Auto Financial Announces Results of Voting at Special Meeting of Shareholders

September 30, 2021

State Auto Financial Corporation today announced the results of shareholder voting on its proposed merger agreement with Liberty Mutual Holding Company Inc.. The insurance subsidiaries of State Auto Financial Corporation are part of the State Auto Group. The State Auto Group is rated A- by the A.M. Best Company and includes State Automobile Mutual…

Flood insurance rates could spike as local homeowners recover

September 30, 2021

Bill Cassidy and John Kennedy are asking President Joe Biden to delay the Federal Emergency Management Agency's implementation of its new pricing schedule, known as Risk Rating 2.0, for the National Flood Insurance Program. "should direct FEMA to stop implementation if not postpone it." FEMA said 77 percent of policies will increase in cost, while 23 percent…

Medorion Announces Expansion Strategy for its Member Behavior-Focused SaaS AI Platform

September 30, 2021

–Medorion, developer of Behavioral Intelligence SaaS solutions for health insurers, announced today that it will broaden its AI-powered EBR™ platform into additional health plan-related focus areas beyond Medorion's current Behavioral Persuasion software, including a comprehensive member experience solution, risk adjustment and care management.

Flood insurance rates could spike as homeowners recover from Ida

September 30, 2021

Bill Cassidy and John Kennedy are asking President Joe Biden to delay the Federal Emergency Management Agency's implementation of its new pricing schedule, known as Risk Rating 2.0, for the National Flood Insurance Program. "should direct FEMA to stop implementation if not postpone it." FEMA said 77 percent of policies will increase in cost, while 23 percent…

Greenhill Insurance Services Appoints Industry Veteran Chris Dunlavy as President

September 30, 2021

Greenhill Insurance Services, a professional and general liability insurance provider specializing in social services and allied health care, announced today the appointment of Chris Dunlavy as president. Chris Dunlavy, President, Greenhill Insurance Services. “Chris brings extensive underwriting, product expansion and business development…

NEW JERSEY HOMEOWNERS ABOUT TO SEE YEARLY RATE INCREASES FOR FLOOD INSURANCE

September 30, 2021

Homeowners in flood zones throughout New Jersey likely will begin paying higher premiums for flood insurance beginning Friday, despite a last-minute plea by elected officials for FEMA to delay the rate changes. The National Flood Insurance Program's Risk Rating 2.0, managed by FEMA, could lead to rate hikes of 5% to 18% a year– or 25% a year for vacation homes–…

Resolution Re Completes Reinsurance Agreement With Allianz Suisse Life

September 30, 2021

Resolution Life, a long-term legacy life insurance solutions provider, announces that its Bermudian reinsurance platform, Resolution Re, has entered into a reinsurance agreement with Allianz Suisse Lebensversicherungs-Gesellschaft AG that transfers a quota share of 80% of the liabilities of Allianz Suisse’ s Traditional Individual Life Business, made…

Financing Quality Healthcare, Medication As Panacea to Poor Maternal Health

September 30, 2021

In this report, Sunday Ehigiator examines how proper financing of maternal medicines-drugs and medication, can help reduce the high rate of maternal mortality in Nigeria given that many pregnant women still can't afford or lack access to quality healthcare and drugs, before, during and after labour.. Maternal mortality and morbidity has continued to be a…

First American Title Expands Remote Online Notarization Availability and Accelerates Adoption With Notarize

September 30, 2021

First American Title Insurance Company, a leading provider of title insurance and settlement services and the largest subsidiary of First American Financial Corporation, today announced expanded remote online notarization availability for residential real estate transactions via the company’ s Direct and Agency division operations, offering home…

JAMES RIVER GROUP HOLDINGS, LTD. FILES (8-K) Disclosing Entry into a Material Definitive Agreement, Regulation FD Disclosure, Financial Statements and Exhibits

September 30, 2021

On September 27, 2021, James River Insurance Company and James River Casualty Company, two principal subsidiaries of James River Group Holdings, Ltd., entered into a Loss Portfolio Transfer Reinsurance Agreement with Aleka Insurance, Inc., a wholly owned captive insurer of Uber Technologies, Inc.. In addition, James River entered into a related trust…

James River Announces Transfer of Legacy Commercial Auto Portfolio to Aleka Insurance, Inc.

September 30, 2021

–James River Group Holdings, Ltd. today announced that two of its principal operating subsidiaries have entered into a loss portfolio transfer reinsurance transaction with Aleka Insurance, Inc., a wholly owned captive insurer of Uber Technologies, Inc., under which Aleka will reinsure substantially all of James River’ s legacy portfolio of commercial auto…

Primary care-focused health care firm opens first ABQ location

September 30, 2021

A national health care company focused on providing primary care to Medicare patients is expanding to Albuquerque. The first New Mexico health center operated by Oak Street Health Inc. is opening its doors to patients today, Thursday. The 9,300- square-foot center, located at 5555 Zuni SE, is the company's first of four planned centers in Albuquerque, with…

Personnel shakeup hits Administration, Insurance Commission, PEIA

September 30, 2021

A shakeup in the West Virginia Department of Administration includes the ouster of Cabinet secretary Allan McVey and the apparent pending retirement of the state’ s longtime Public Employees Insurance Agency director. Dodrill had been commissioner since March 2019, when McVey was promoted to head the Department of Administration. At the PEIA Finance Board…

Existing laws little help as catalytic converter thefts increase in Cabell County, officials say

September 30, 2021

HUNTINGTON— A national and local trend of catalytic converter thefts has cost residents, businesses and insurance agencies millions of dollars in the past year, along with countless hours of annoyance for people who don’ t have many ways to protect themselves. Last week, police in Mesa, Arizona, arrested six people who allegedly were stealing catalytic…

FOR THE RECORD October 2021

September 30, 2021

Ralph Northam announced Sept. 14. Virginia competed with Maryland, Ohio, South Carolina and West Virginia for the project. The career center at 1989 S. Military Highway in Chesapeake will serve as a hiring and orientation hub for Amazon facilities in Chesapeake, Suffolk, Norfolk, Hampton and Virginia Beach.

September 30, 2021
A former Philadelphia police officer is charged with insurance fraud.

Lawyer: Client Was Set Up In Murdaugh Insurance Fraud Scheme

The lawyer for the man accused of shooting Alex Murdaugh in a failed insurance fraud scheme says his client is being used as the fall guy.

Hyde-Smith, Colleagues Introduce Bill to Delay Flood Insurance Premium Hikes

September 30, 2021

U.S. Senator Cindy Hyde-Smith today cosponsored legislation to require the Federal Emergency Management Agency to delay its National Flood Insurance Program Risk Rating 2.0 rollout until Sept. 30, 2022. The NFIP Risk Rating 2.0 Delay Act of 2021 was introduced in response to FEMA intent to allow the Oct. 1 launch of Risk Rating 2.0, its new rating system for…

Hyde-Smith, Colleagues Introduce Bill to Delay Flood Insurance Premium Hikes

September 30, 2021

U.S. Senator Cindy Hyde-Smith today cosponsored legislation to require the Federal Emergency Management Agency to delay its National Flood Insurance Program Risk Rating 2.0 rollout until Sept. 30, 2022. The NFIP Risk Rating 2.0 Delay Act of 2021 was introduced in response to FEMA intent to allow the Oct. 1 launch of Risk Rating 2.0, its new rating system for…

Global Travel Insurance Market (2021 to 2026) – Industry Trends, Share, Size, Growth, Opportunity and Forecasts – ResearchAndMarkets.com

September 30, 2021

The "Travel Insurance Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com' s offering. The global travel insurance market reached a value of US$ 21.5 Billion in 2020. Allianz SE American Express Company American International Group AXA SA Berkshire Hathaway Specialty…

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