AM Best has affirmed the Financial Strength Rating of A++ and the Long-Term Issuer Credit Ratings of“ aaa” of National Indemnity Company and its affiliates. These companies are subsidiaries of Berkshire Hathaway Inc.. The FSR of A++ and the Long-Term ICRs of“ aaa” have been affirmed with stable outlooks for National Indemnity Company and its following affiliates:.
Newswires
The Missouri Farm Bureau issued the following news release on March 27, 2024:. The Missouri House of Representatives overwhelmingly passed HB 2082 on Wednesday afternoon, marking a significant step in Missouri Farm Bureau's mission to provide affordable and effective health plans for its members. Kurtis Gregory, allows MOFB to offer personalized health…
A number of business groups, small business owners, policy experts, and others in Virginia are voicing concerns about the potential harmful impacts of Senate Bill 256 and are urging Governor Youngkin to veto the bill. A recent analysis by Milliman, Inc., an independent actuarial firm, estimates Senate Bill 256 could lead to an auto insurance premium increase of…
The American Property Casualty Insurance Association issued the following news release:. The Maryland Chamber of Commerce and the American Property Casualty Insurance Association voice strong opposition to Senate Bill 538, legislation that aims to drastically increase the cap on non-economic damages in personal injury and wrongful death lawsuits in…
Families USA, a nonpartisan consumer health advocacy organization, issued the following statement on March 27, 2024:. Yael Lehmann, Interim Executive Director of Families USA, issued the following statement on the final rule unveiled today: Streamlining the Medicaid, Children's Health Insurance Program, and Basic Health Program Application, Eligibility…
–Oka, The Carbon Insurance Company™ has closed an $10- million investor raise that sets the foundations for its next phase of growth. Its lead investors included Aquiline Capital Partners LP and firstminute capital— which formerly spearheaded Oka's $7- million seed round— and dedicated climate-solutions investor Overview Capital. Commenting on the raise,…
Built on SaaS technology developed by Flisk, an Austin- based startup acquired by Archer, Archer RMIS AI harvests incident and loss data to identify operational risk controls, improve risk quantification, root cause analysis, and support insurance and loss control programs. "The introduction of Archer RMIS AI redefines what's possible for risk management…
March 28, 2024 Download this Press Release PDF Format HARTFORD, Conn., March 28, 2024- The Hartford will release its first quarter 2024 financial results at approximately 4:15 p.m. EDT on Thursday, April 25.. The Hartford is a leader in property and casualty insurance, group benefits and mutual funds. The Hartford Financial Services Group, Inc., operates through…
–In retirement, personal finances and health care costs go hand in hand. A lack of preparation for one can expose you to serious risks in the other, as illustrated by new original research jointly published today by eHealth, Inc., a leading online private health insurance marketplace, and Retirable, a retirement peace of mind platform offering products and…
–EZLynx, an Applied company, today announced that Weinstein Insurance has selected EZLynx to digitally transform their business. “Weinstein Insurance has been operating on a paper-based system since its inception, and when we became co-owners, it was eye-opening to sift through physical files that are several inches thick with records spanning decades,” said…
–Today, NEXT Insurance, a leading technology-first small business insurer, announced the availability of Copilot, a tool designed to help agents increase revenue by efficiently serving small micro businesses with customized insurance policies. Similar to other small business owners, insurance agents operate on thin margins and juggle multiple…
Gabe Firment, sponsor of the legislation, House Bill 611, said it is badly needed because Louisiana is the only place in the world that imposes the three-year restriction on insurance companies that his bill would repeal. The vote was 72-32, with Republicans strongly supporting HB 611, while Democrats voted in opposition. "Passage of HB 611 will simply bring…
Fidelis Insurance Group, Hampden Agencies and Asta to participate in new vehicle. PEMBROKE, Bermuda—- The Fidelis Partnership today announced that Lloyd’ s has granted“ in principle” approval for the launch of Syndicate 3123 in collaboration with Fidelis Insurance Holdings Limited, a global specialty insurer, and Hampden Agencies, the largest provider of…
Today, as part of the Biden Cancer Moonshot, a key pillar of the President's Unity Agenda, First Lady Jill Biden convened executives from leading health insurance companies, community health plans, and health plan professional associations to highlight recent commitments to expanding access to navigation services to help patients and their families…
WASHINGTON, March 28– The White House issued the following fact sheet:. Today, the Biden-Harris Administration is taking a major step to crack down on junk health insurance for American families and consumers and deliver better health. That's why the Biden-Harris Administration is issuing a final rule that protects consumers from junk health insurance and…
–Zuniga Health LLC, an innovative health plan for small and medium-sized businesses recently launched Elevate, a new set of health plans that directly addresses the needs of Hispanic small businesses. Elevate will be offered in seven states with strong Hispanic employee representation: California, Nevada, Arizona, New Mexico, Colorado, Illinois, and Texas.
Arch Insurance North America, a provider of specialized insurance and risk management solutions, today unveiled its latest products available through the Arch APEX℠ digital platform. Participant Accident coverage is now available for child education centers, child development centers, nursery schools, preschools and after-school programs.
–CISO Global, an industry leader in proprietary software, managed cybersecurity, and compliance, and The Fortegra Group, Inc., a multinational specialty insurance company, have entered into an exclusive agreement to provide product protection plans for CISO Global cybersecurity clients via Fortegra’ s P&C Group subsidiaries. “Partnering with CISO Global…
Among those affected are Pratt, chief financial officer John Berg, chief operating officer Mark Mason and chief business officer Kellie Chong. There was $53,677 in other all compensation, foremost $39,599 in premiums paid on group health insurance, $11,041 match to his 401 account, $2,254 in premiums paid on group life insurance, and $763 on premiums paid for…
