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AM Best Affirms Credit Ratings of Finial Reinsurance Company and Finial Holdings, Inc.

January 31, 2022

AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of Finial Reinsurance Company. Concurrently, AM Best has affirmed the Long-Term ICR of“ bbb-” and the Long-Term Issue Credit Rating of“ bbb-” on $200 million, 7.125% senior unsecured notes, due 2023, of Finial Holdings, Inc.. The ratings of Finial Reinsurance Company…

Senate oversight committee to question RIPTA about breach of state workers' data [The Providence Journal]

January 31, 2022

The Rhode Island Senate's government oversight committee will question top Rhode Island Public Transit Authority and health insurance executives on Monday about how thousands of state employees' personal data was stolen during a cyber attack. **Michele Lederberg, executive vice president, chief legal officer and chief administrative officer for Blue…

Cincinnati Financial Corporation Increases Regular Quarterly Cash Dividend

January 31, 2022

–Cincinnati Financial Corporation announced that at today's regular meeting, the board of directors declared a 69- cents- per-share regular quarterly cash dividend, increasing by 10% from the previous 63- cents- per-share dividend paid on January 14, 2022. About Cincinnati Financial Cincinnati Financial Corporation offers primarily business, home and…

CVS Health Corporation (CVS) Climbs to Annual-High Share Price

January 31, 2022

Shares of CVS Health Corporation (NYSE:CVS) traded today at $108.03, eclipsing its 12-month high. Approximately 3.3 million shares have changed hands today, as compared to an average 30-day volume of 6.6 million shares. Over the past year, CVS Health Corporation has traded in a range of $68.02 to $108.03 and is now at $107.96, 59% […]

CVS Health Corporation: 52-Week High Recently Eclipsed (CVS)

January 31, 2022

Shares of CVS Health Corporation (NYSE:CVS) traded today at $108.03, eclipsing its 52-week high. Approximately 3.3 million shares have changed hands today, as compared to an average 30-day volume of 6.6 million shares. Over the past year, CVS Health Corporation has traded in a range of $68.02 to $108.03 and is now at $107.96, 59% […]

Quincy addiction treatment center owner held on total $125k bail on fourth fraud case [The Patriot Ledger]

January 31, 2022

DEDHAM- A Quincy woman is being held on $25,000 cash bail after pleading not guilty to charges of filing a false health care claim and one charge of larceny over $250 by a single scheme during her arraignment in Norfolk Superior Court on Tuesday. Judge Beverly Cannone ordered Nicole Kasimatis, 47, be held on $25,000 cash bail. Kasimatis is already being held on $1…

January 31, 2022
The Mesa Millions jackpot is up to more than $1 billion.

California Executives Face Insurance Fraud, Wage Theft Charges

Two executives of a poultry processing company face several charges on suspicion of underreporting their payroll to workers’ compensation insurance carriers and failing to pay their employees, Los Angeles County District Attorney’s Office said.

A string of earthquakes is rocking the SC Midlands. Is your home protected? [The State (Columbia, S.C.)]

January 28, 2022

In that time, the number of customers inquiring about earthquake coverage has "picked up unbelievably," said Gary Patterson, a State Farm insurance agent based in Lugoff. According to the South Carolina Department of Emergency Management, there are several fault lines running through the state that put South Carolina at a "moderate to high risk" for earthquakes.

AM Best Affirms Credit Ratings of Post-Telecommunication Joint Stock Insurance Corporation

January 28, 2022

AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of“ bbb” of Post-Telecommunication Joint Stock Insurance Corporation. The outlook of these Credit Ratings is stable. The ratings reflect PTI’ s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, neutral business…

Duke University Health System Statement on N.C. State Health Plan and National Academy of State Health Policy Report

January 28, 2022

DURHAM, North Carolina, Jan. 28– Duke Health issued the following agency statement:. Duke University Health System is committed to promoting health, wellness, and access to quality affordable care for the people and communities of North Carolina, providing charity care and community benefit investment to ensure that all patients receive the treatment they…

Court Approves Surety and Fidelity Association Motion to File Amicus Brief in Argonaut Insurance Company Vs. Falcon V

January 28, 2022

WASHINGTON, Jan. 28– The Surety and Fidelity Association of America issued the following news release:. The Surety& Fidelity Association of America, a nonprofit, nonpartisan trade association representing all segments of the surety and fidelity industry, is pleased to announce the United States Court of Appeals for the Firth Circuit has approved its motion to…

AM Best Affirms Credit Ratings of The Dai-ichi Life Insurance Company, Limited

January 28, 2022

AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Rating of“ aa-” of The Dai-ichi Life Insurance Company, Limited, the wholly owned operating subsidiary of Dai-ichi Life Holdings, Inc.. The outlook of these Credit Ratings is stable. This assessment also is supported by the group’ s low financial leverage, albeit higher than some…

Gallagher Earns Top Score in Human Rights Campaign Foundation's 2022 Corporate Equality Index

January 28, 2022

–Gallagher, a global insurance brokerage, risk management and consulting services firm, proudly announced that it received a score of 100 on the Human Rights Campaign Foundation's 2022 Corporate Equality Index, the nation's foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality.

Northwestern Mutual Receives Eighth Consecutive Perfect Score on Human Rights Campaign's Corporate Equality Index

January 28, 2022

–Northwestern Mutual announced today the company has earned a perfect score of 100 for the eighth consecutive year in the 2022 Corporate Equality Index survey. "Every day, Northwestern Mutual works tirelessly to develop our world-class culture– one that celebrates the diverse backgrounds, experiences and voices that have helped our company thrive for…

Quincy addiction treatment center owner held on total $125k bail on fourth fraud case [The Patriot Ledger]

January 28, 2022

DEDHAM— A Quincy woman is being held on $25,000 cash bail after pleading not guilty to charges of filing a false health care claim and one charge of larceny over $250 by a single scheme during her arraignment in Norfolk Superior Court on Tuesday. Judge Beverly Cannone ordered Nicole Kasimatis, 47, be held on $25,000 cash bail. Kasimatis is already being held on $1…

Protect Our Care: 14.5 Million Signed Up for Health Coverage Thanks to President Biden

January 28, 2022

WASHINGTON, Jan. 28– Protect Our Care issued the following statement on Jan. 27, 2022:. In California, Kentucky, New Jersey, New York, Rhode Island, and Washington DC, residents can continue to sign up for coverage through January 31. After Republicans spent years trying to hike health care costs and rip coverage away, President Biden prioritized the health and…

American Property Casualty Insurance Association Statement on U.S. Department of Transportation National Roadway Safety Strategy

January 28, 2022

WASHINGTON, Jan. 28– The American Property Casualty Insurance Association issued the following agency statement:. The American Property Casualty Insurance Association released the following statement commending the U.S. Department of Transportation National Roadway Safety Strategy. The following quote may be attributed to Nat Wienecke, APCIA's senior…

International Citizens Insurance Responds to Increasing Demand for Quality Plans Resulting in Record Sales in 2021

January 28, 2022

International Citizens Insurance Logo- International Health and Travel Insurance BOSTON- January 28, 2022-. Meanwhile, over nine million Americans live abroad, double the number in 1999 according to State Department estimates. In response, International Citizens Insurance has diversified its offerings, adding a wider range of plans and partners.

Level Term vs. Decreasing Term Life Insurance

January 28, 2022

iQuanti: Researching life insurance can be a confusing process since there are so many options available. What is Level Term Life Insurance? What is Decreasing Term Life Insurance?

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