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MetLife Names Shurawl Sibblies as Chief Human Resources Officer

May 30, 2024

MetLife, Inc. today announced that Shurawl Sibblies will join the company as executive vice president and chief human resources officer, effective Aug. 1, 2024. She will report to President and Chief Executive Officer Michel Khalaf and become a member of the Executive Leadership Team. Prior to American Express, Sibblies served as senior vice president and…

Deloitte 2024 Financial Services Industry Predictions: AI Expected to Transform Retail Investing, Increase Banking Fraud and Drive New Insurance Market; Climate Change Expected to Further Increase Insurance Costs for Commercial Real Estate

May 30, 2024

–Deloitte today released its " 2024 Financial Services Industry Predictions," which outlines some of the most significant emerging trends across the financial services industry over the next three to five years. "The seismic shifts we will see in financial services as a result of emerging technology and innovation will likely be transformative and provide…

Best’s Market Segment Report: Florida Property Insurance Market Improves; Reinsurance Dependency Remains High

May 30, 2024

Given the more frequent and severe weather-related losses in recent years, as well as the inflationary impact on losses, Florida- focused personal property insurers have experienced material volatility in their operating results and surplus levels coupled with a reinsurance dependency that skews higher than the broader overall property segment,…

ILLINOIS POLICY INSTITUTE: ILLINOIS' RECORD-HIGH BUDGET COST RESIDENTS, BUSINESSES $1.1 BILLION IN NEW TAXES

May 30, 2024

Illinois Policy Institute analysis shows the states' $53.1 billion budget spends about $410 million more and taxes about $200 million more than Pritzker proposed. Today, Illinois lawmakers passed a record-high $53.1 billion fiscal spending plan for 2025, the largest in state history and more than Gov. Analysis from the Illinois Policy Institute shows the…

Valley leaders ask state legislators to avoid cutbacks to services, investments

May 30, 2024

Alarmed by budget cuts pending in Sacramento, Kern joined seven other county governments in the San Joaquin Valley this week in calling on state legislative leaders to ensure adequate funding for regional priorities like public health, homelessness, water storage and wildfire resilience. The correspondence was also signed by Couch's counterparts in the…

$874 Million Returned to U.S. Consumers Through Mobile Trade-In Programs in Q1 2024

May 30, 2024

Assurant, a leading global business services company that supports, protects and connects major consumer purchases, today revealed that mobile trade-in programs put an estimated $874 million into U.S. consumers’ pockets in Q1 2024.. Despite being launched in 2019, the iPhone 11 remains the top turned in mobile device through trade-in and upgrade programs…

SambaSafety and The National Alliance Unveil 2024 Driver Risk Report: Key Trends Shaping Automotive Mobility

May 30, 2024

–The National Alliance for Insurance Education and Research has partnered with SambaSafety, a leading provider of cloud-based risk management solutions, to release a new research report, titled:. The report leverages SambaSafety's vast repository of telematics, motor vehicle record, and Compliance, Safety, Accountability data to provide invaluable…

SEC Issues No-Action Letter Regarding American General Life Insurance, Variable Annuity Life Insurance, U.S. Life Insurance

May 30, 2024

Re: American General Life Insurance Company, The Variable Annuity Life Insurance Company and The United States Life Insurance Company in the City of New York. By letter dated May 28, 2024, you request permission under Regulation S-X Sec.3-13 for American General Life Insurance Company, The Variable Annuity Life Insurance Company, and The United States Life…

HCI Group Completes its 2024 – 2025 Catastrophe Reinsurance Programs

May 30, 2024

–HCI Group, Inc., a holding company with operations in homeowners insurance, information technology services, real estate, and reinsurance, announced today that it has completed its catastrophe reinsurance programs for the 2024-2025 treaty year, which runs from June 1, 2024 through May 31, 2025.. Reinsurance Tower 1 covers all Homeowners Choice policies…

Prudential Financial: On the Horizon – Deeper Support for New Moms

May 30, 2024

New research from Prudential's Group Insurance team underscores the mental health challenges many women face after giving birth. Through new research timed to May's Disability Insurance Awareness Month and Mental Health Awareness Month, Prudential's Group Insurance aims to spotlight the challenges faced by new mothers. Kristin Tugman, vice president…

Gordon L. Weil: Covid is the culprit when it comes to economy, not Biden or Trump

May 30, 2024

Covid has affected everyone, whether or not you were vaccinated. Not that Robert Kennedy, Jr. is right about shots. Polls suggest that people ignore the economic recovery and blame Joe Biden for not giving them the kind of personal prosperity that had supposedly boosted their purchasing power and assured their retirement.

Does Medicare Part D cover clinical trial drugs?

May 30, 2024

I am participating in a clinical trial for a cancer medication which costs over $12,000 per month and am paying $0 for a medication which is curing my cancer. Exploring Medicare Part D and prescription drugs is one of the most important topics during a Toni Says Medicare consultation and Lincoln, you would go into the "famous Donut Hole" the second you order the…

Most older Americans who need hearing aids don't use them, here's how to change that

May 30, 2024

Having depended on hearing aids for nearly three decades, I'm astounded by the lack of Medicare coverage for devices that can solve a problem afflicting tens of millions of older Americans. Nearly two-thirds of Americans over age 70 have some degree of hearing loss, and over half of those 75 and older experience impairment serious enough to be considered…

South Mississippi businessman Ted Cain, wife fork over $14.2 million for Medicare fraud

May 30, 2024

May 29— South Mississippi businessman Ted Cain and other defendants have reimbursed the federal government $14.2 million, plus post-judgment interest, for defrauding Medicare while operating Stone County Hospital in Wiggins. The total judgment in the civil case applied to Cain and Tommy Kuluz, still chief financial officer of Corporate Management Inc., a…

NC insurance official rejects mobile home rate hikes request NC Insurance commissioner rejects 49.9% hike in mobile home insurance rates

May 30, 2024

The state's Insurance commissioner denied Tuesday the N.C. Rate Bureau's request for a statewide average increase of 49.9% for mobile home casualty policies over a three-year period. The Rate Bureau is an independent group representing insurers writing policies in North Carolina. The bureau said a major factor in its sharp rate increase request is that…

eHealth Chief Financial Officer John Stelben to Retire in August

May 30, 2024

–eHealth, Inc., a leading online private health insurance marketplace, announced today that John Stelben, its chief financial officer, is returning to retirement and will depart the company at the end of August 2024. John Dolan, eHealth's chief accounting officer will be appointed SVP, CFO on August 31, 2024. "We thank John Stelben for his financial leadership…

2024 T2 Information financière complémentaire*

May 30, 2024

For the period ended April 30, 2024. For further information, please contact:. The Consolidated Financial Statements are prepared in compliance with International Financial Reporting Standards as issued by the International Accounting Standards Board and International Accounting Standard 34, Interim Financial Reporting unless otherwise noted.

NC mobile homeowners won’t get hearing on insurance rates until after Nov. 5 election

May 30, 2024

North Carolina Insurance Commissioner Mike Causey has pushed back on the Rate Bureau’ s request for sweeping double-digit rate hikes for insurance for mobile homes. Causey has scheduled a court date for April 7, 2025— almost a year from now and well after the general election on Nov. 5, when he’ s up for re-election. In the meantime, he and the Rate Bureau, which…

Hectic hurricane season + uninsured Florida homeowners. What could go wrong?

May 30, 2024

The Insurance Information Institute estimated last year that 15% to 20% of Florida homeowners were forgoing coverage, more than the 12% national average, the Herald reported. With the potential for numerous powerful storms to aim at Florida, all residents need to prepare now for the challenges ahead. Needless to say, those likely most at risk are the estimated…

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