The high-profile abduction of Nancy Guthrie is focusing new attention on a little-known, but quickly growing, segment of the insurance industry known as "kidnap and ransom" in which underwriters cover clients at risk from criminals at home and abroad. As of Monday, the fate of Nancy Guthrie remained unknown. The FBI describes the prime suspect as a male between 5…
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Symetra Life Insurance Company announced several new enhancements to its suite of fixed indexed annuities, including new crediting strategies, improved certainty and flexibility, and the addition of the Franklin Large Cap Value 15% ER Index. Symetra Edge Elite, Symetra Edge Frontier and Symetra Edge Revolution are single-premium fixed indexed annuities…
BOSTON& DELRAY BEACH, Fla.—- Ambler Brook, a Boston- based private investment firm focused on founder-owned businesses, announced today that it made a strategic growth investment in Claimify, a leading national provider of tech-enabled solutions to the disability insurance industry. As part of the transaction, Claimify will integrate with Tower MSA Partners,…
EPIC Insurance Brokers& Consultants, a national insurance brokerage and consulting firm providing specialized services and products across select industries, today announced the appointment of Miranda Rodriguez as Program Development Leader within its national real estate practice. Based in Charlotte, North Carolina, Rodriguez brings more than 15…
Sarepta Therapeutics, Inc., the leader in precision genetic medicine for rare diseases, announced the commercial launch of ELEVIDYS in Japan by Chugai Pharmaceutical Co., Ltd., following its reimbursement listing on Japan’ s National Health Insurance price list. “The commercial launch of ELEVIDYS in Japan marks an important step in expanding access to this…
WisdomTree, Inc., a global financial innovator, today announced the launch of 24/ 7 trading and instant settlement capabilities for the WisdomTree Treasury Money Market Digital Fund. Separately, WisdomTree Securities, Inc., a broker-dealer subsidiary of WisdomTree, received FINRA approval to expand its broker-dealer activities to include principal…
Dan Howell, who represents Meigs County, and State Sen. Bo Watson have introduced legislation they believe will "strengthen consumer protections in health insurance by establishing safeguards on the use of artificial intelligence in coverage decisions, enhancing reimbursement protections and creating a new oversight commission to review insurance…
Bowhead Specialty Holdings Inc., a specialty lines insurance group focused on providing casualty, professional liability and healthcare liability insurance products, delivered through complementary“ craft” and“ digital” underwriting models, today announced financial results for the fourth quarter and year ended December 31, 2025.
The following information was released by the National Federation of Independent Business:. WASHINGTON, D.C. NFIB filed an amicus brief in the case Corner Post, Inc. v. Board of Governors of the Federal Reserve System at the U.S. Court of Appeals for the Eighth Circuit.
The following information was released by the Henry J. Kaiser Family Foundation:. Authors: Jared Ortaliza, Jeannie Fuglesten Biniek, Elizabeth Hinton, Jada Raphael, Tricia Neuman, and Cynthia Cox. This brief examines two measures of financial performance gross margins and medical loss ratios in the Medicare Advantage, Medicaid managed care, individual, and…
Last week on Capitol Hill, we discussed a risk that is becoming more real every day that Congress delays fixing the debt: fiscal dominancewhen rising federal debt pushes the Federal Reserve to prioritize financing government spending over controlling inflation. The Congressional Budget Office now projects that over the next 10 years, the United States will…
The following information was released by the Independent Institute:. For the past six months or so, Obamacare subsidies for people who buy their own health insurance have been an issue that has loomed over a sharply divided Congress. The first problem is so easy to solve that even President Trump has thought of it.
The following information was released by California State Senator Ben Allen:. SACRAMENTO Senator Ben Allen introduced SB 1301 today to safeguard homeowners and renters from insurance nonrenewals to prevent loss of coverage. "Property insurance is a foundational pillar that safeguards the wellbeing of residents everywhere," said Senator Allen.
The following information was released by California State Senator Ben Allen:. Senator Ben Allen introduced SB 1209 today, a landmark legislative proposal sponsored by Insurance Commissioner Ricardo Lara, to give the California Department of Insurance long needed enforcement authority when insurers fail to comply with Report of Examination directives.
The following information was released by the Indiana House of Representatives, Democratic Caucus:. Republicans see Medicaid as an undesired welfare program that's draining revenue growth. Republicans are filling the rule books with more income checks, more applications, and more paperwork to catch potential cheaters.
Cameo Carter is a pediatrician who owns her practice in Redlands, California. Dr. Carter saw both her own health insurance premiums skyrocket, in addition to those of her patients, after Trump and Republicans let the Affordable Care Act tax credits expire. Cameo Carter, M.D., will be his guest to President Donald Trump's State of the Union Address on February 24,…
The following information was released by Vermont Senator Peter Welch:. Senator Peter Welch, a member of the Senate Finance Committee, announcedhe will bringAlyssa Blackashis guest to the 2026 State of the Union address. "President Trump's refusal to work with Democrats toextend ACA creditsandprotectaccess to health coverage is really shocking,…
The District Court of North Dakota agreed with Corner Post, ruling that Reg II included cost components that the Durbin Amendment did not intend or allow, and thus the debit interchange fee cap was higher than intended. CHICAGO U.S. Senate Democratic Whip Dick Durbin, Ranking Member of the Senate Judiciary Committee and author of the Durbin Amendment, filed an…
AM Best is revising its outlook for Germany’ s non-life insurance segment to stable from negative. In addition, AM Best notes that Germany’s property insurance market remains subject to volatility in results due to its exposure to losses from extreme weather events. Headquartered in the United States, the company does business in over 100 countries with…
