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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…

Demand For Earthquake Insurance Rising After Tremors In South Carolina

September 30, 2021

CHARLESTON, S.C.- Many people are still shaken after three earthquakes rattled the Lowcountry on Monday. This has sparked many phone calls to insurance agencies with questions about earthquake insurance flowing in. said Adam Cantrell, a Downtown Charleston State Farm Insurance Agent.

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…

Best’s Commentary: European Commission Proposes ‘More Generous’ Solvency II Review Rules

September 30, 2021

The European Commission’ s newly published announcement on its review of Solvency II rules for European Union insurers and reinsurers offers a more generous package than most commentators had expected. A new Best’ s Commentary,“ More Generous: European Commission Proposes Solvency II Review Rules”, notes that the Commission’ s proposed changes overall are…

Automakers Are About To Shake Up The Auto Insurance Industry

September 30, 2021

In its latest research, PTOLEMUS Consulting Group has found that connected car insurance is increasingly replacing traditional car insurance, driven by the COVID pandemic but also OEMs’ own initiatives. Dr Andrew Jackson, Research Director, said:“ When car usage collapsed during the COVID-19 lockdowns, policyholders demanded prices based on actual mileage.

Automakers are about to shake up the auto insurance industry

September 30, 2021

In its latest research, PTOLEMUS Consulting Group has found that connected car insurance is increasingly replacing traditional car insurance, driven by the COVID pandemic but also OEMs’ own initiatives. Dr Andrew Jackson, Research Director, said:“ When car usage collapsed during the COVID-19 lockdowns, policyholders demanded prices based on actual mileage.

GRS Expands in Middle East with UAE Team

September 30, 2021

Global Risk Solutions Inc., a leading provider of a diverse range of P&C claims adjusting, complex/large loss and environmental risk management solutions, continues to expand its global footprint with the opening of an office in Dubai, United Arab Emirates. Leading the team is Jim Pittman, who joins GRS as Regional Director, Middle East. Adam Humphrey, Chief…

Amid Rising Overdose Deaths, Hochul Urged to End Two-Tiered Addiction Treatment System in New York

September 29, 2021

Then- Gov. Cuomo signs legislation. ——————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————–In the aftermath of the highest number of overdose deaths recorded in New York State in a single year, advocates and substance use treatment providers are calling on Governor Kathy Hochul to sign what they call a crucial piece of legislation to reverse the trend. But, until recently, New York State required that insurers provide…

Sen. Bob Menendez, D-N.J.; and Sen. Bill Cassidy, R-La., – News conference

September 29, 2021

Bob Menendez, D- N.J.; and Sen. Bill Cassidy, R- La., hold a news conference "to discuss reforming the National Flood Insurance Program". LOCATION: Senate Radio/TV Gallery, U.S. Capitol.

Patent Issued for System and method for standardized evaluation of driver’s license eligibility (USPTO 11113775): Allstate Insurance Company

September 29, 2021

2021 SEP 29– By a News Reporter-Staff News Editor at Education Daily Report– Allstate Insurance Company has been issued patent number 11113775, according to news reporting originating out of Alexandria, Virginia, by NewsRx editors. The patent’ s inventors are Manzella, Matthew James. This patent was filed on October 16, 2018 and was published online on…

2021 Radio Mercury Awards Finalists Announced [Radio and Television Business Report (RBR-TVBR)]

September 29, 2021

In addition to Chief Judge Fitzgerald, the final round judging panel included John Berman, executive creative director, R/ GA NY; Nathalie Brown, executive creative director, VMLY&R NY, Bianca Guimaraes, partner and executive creative director, Mischief NY; Paul Johnson, freelance copywriter and creative director, NY; Derrick Ogilvie, vice president and creative…

AM Best Withdraws Credit Ratings of Upstream Life Insurance Company

September 29, 2021

AM Best has downgraded the Financial Strength Rating to C++ from B+ and the Long-Term Issuer Credit Rating to“ b” from“ bbb-” of Upstream Life Insurance Company. In May 2021, AM Best placed Upstream’ s ratings under review with negative implications, reflecting continued uncertainty regarding future risk-adjusted capitalization levels and the resolution of its…

Sen. Bob Menendez, D-N.J.; and Sen. Bill Cassidy, R-La., – News conference

September 29, 2021

Bob Menendez, D- N.J.; and Sen. Bill Cassidy, R- La., hold a news conference "to discuss reforming the National Flood Insurance Program". LOCATION: Senate Radio/TV Gallery, U.S. Capitol.

Atlas Ocean Voyages Delivers Greater Peace-Of-Mind With New Atlas Assurance

September 29, 2021

–Providing guests with greater peace-of-mind for unexpected situations and possible complications while traveling, Atlas Ocean Voyages is augmenting its industry-innovative complimentary insurance coverage for guests with the new Atlas Assurance protection program. The luxe-adventure cruise line's President Alberto Aliberti announced Atlas…

Patent Application Titled “Systems And Methods For Managing Electronic Interactive Gaming-Based Investments” Published Online (USPTO 20210279806): Patent Application

September 29, 2021

2021 SEP 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 CRUTTENDEN, Walter; MARTELL, Jason, filed on March 24, 2021, was made available online on September 9, 2021. No assignee for this patent application has been made.

“Reading Device Reading Original And Estimating Corner Shape Thereof” in Patent Application Approval Process (USPTO 20210281699): Brother Kogyo Kabushiki Kaisha

September 29, 2021

2021 SEP 29– By a News Reporter-Staff News Editor at Insurance Daily News– A patent application by the inventor MOTOYAMA, Toshiki, filed on March 3, 2021, was made available online on September 9, 2021, according to news reporting originating from Washington, D.C., by NewsRx correspondents. This patent application is assigned to Brother Kogyo Kabushiki Kaisha.

Patent Issued for Data processing system for processing network data records transmitted from remote, distributed terminal devices (USPTO 11114192): Sidecar Health Inc.

September 29, 2021

2021 SEP 29– By a News Reporter-Staff News Editor at Insurance Daily News– According to news reporting originating from Alexandria, Virginia, by NewsRx journalists, a patent by the inventors Moulden, Shelby, Osetinsky, Veronica, Quigley, Patrick, filed on October 17, 2019, was published online on September 7, 2021. The assignee for this patent, patent number…

Big Data = Big Trouble for Universal Healthcare? The Effects of Individualized Health Insurance on Solidarity: Social Sciences

September 29, 2021

2021 SEP 29– By a News Reporter-Staff News Editor at Insurance Daily News– According to news reporting based on a preprint abstract, our journalists obtained the following quote sourced from osf.io:. “The collection of Big Data and surging artificial intelligence technologies to analyze these data increasingly enable health insurers to calculate the…

Findings on Economics Detailed by Investigators at Massachusetts Institute of Technology (The Challenges of Universal Health Insurance In Developing Countries: Experimental Evidence From Indonesia’s National Health Insurance): Economics

September 29, 2021

2021 SEP 29– By a News Reporter-Staff News Editor at Insurance Daily News– New research on Economics is the subject of a report. For more information on this research see: The Challenges of Universal Health Insurance In Developing Countries: Experimental Evidence From Indonesia’ s National Health Insurance. American Economic Review, 2021; 111: 3035-3063….

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