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APNewsBreak: Medicaid recipients could be required to work

February 27, 2019

Draft legislation involving voter-approved Medicaid expansion in Idaho would require recipients to meet similar work or employment training as the state requires in its food assistance program. Documents obtained by The Associated Press show that Republican Rep. Bryan Zollinger is seeking co-sponsors for the legislation.

February 27, 2019

Enterprise Backup Solutions Provider, Comport, Discusses How Disaster Recovery as a Service Solutions Can Benefit Enterprise Companies

–ComportSecure, a leading enterprise backup solutions provider, analyzed current trends in the marketplace. There is an upwards trend in DRaaS adoption because cybercrime is on the rise. Lost revenues due to stolen corporate data ran north of $90 billion in 2018 alone, with numbers rising year over year.

February 27, 2019

What to Expect in Florida Property Insurers’ Year-end 2018 Financial Statements

–Having reviewed, analyzed, and affected the anticipated year-end 2018 financial statements of the fifty-two Florida focused carriers that we review and rate, Demotech offers the following observations to those who will review these financial statements as they become public:. Carriers have had several years to adjust to the difficult operational…

February 27, 2019

Envestnet Insurance Exchange Launches With Six Carriers

Envestnet Insurance Exchange, a new insurance network that integrates insurance solutions into the wealth management process on the Envestnet platform, has agreements with six carriers — Allianz Life, Brighthouse Financial, Global Atlantic Financial Group, Jackson National Life Insurance Company and Nationwide.

Missouri House passes wide-ranging abortion restrictions

February 27, 2019

Missouri’s Republican-led House has passed a bill to ban almost all abortions if the U.S. Supreme Court overturns Roe v. Wade. The legislation would ban abortions except in cases of medical emergencies. The ban would kick in if the Supreme Court overturns its landmark ruling establishing a nationwide right to abortion. If Roe v. Wade remains, the legislation also would ban most abortions after a fetal heartbeat is protected.

February 27, 2019

ISG to Examine the Changing Insurance Outsourcing Market

–Information Services Group, a leading global technology research and advisory firm, has launched a research study examining the digital business process outsourcing services market for the global insurance industry. The study results will be published in a comprehensive ISG Provider Lens™ report, “Insurance BPO Digital Services 2019— Life, Property&…

Individual Health Insurance Market to Witness Huge Growth by 2025: Anthem, UnitedHealth Group, DKV

February 27, 2019

Edison, NJ—- 02/27/2019– A new business intelligence report released by HTF MI with title “Global Individual Health Insurance Market Size, Status and Forecast 2025” has abilities to raise as the most significant market worldwide as it has remained playing a remarkable role in establishing progressive impacts on the universal economy. Some of the key players…

Be informed about your healthcare options

February 27, 2019

RICHMOND, Va.- Being an informed consumer is the first step to getting the most from your healthcare plan. The Market President of Cigna Mid-Atlantic, Monica Schmude, joined us to tell us how to get started. You can find out more about your health insurance options by going to their website, www.cigna.com.

February 27, 2019

Pacific Life Announces Two New IUL Products

Today, Pacific Life Insurance Company announced two new indexed universal life insurance products: Pacific Discovery Xelerator IUL 2 and Pacific Indexed Accumulator 6. 1. Both life insurance products continue in the tradition of providing flexible death benefit protection for individuals and businesses. “These products represent our ongoing commitment…

February 27, 2019

Wells Fargo Invests $18.5 Million in Grants to Ease Small Business Stress and Expand Access to Capital

Wells Fargo announced $18.5 million in grants today to nine Community Development Financial Institutions so they can unlock capital or increase training to diverse small businesses across the U.S. Two CDFIs are receiving awards to continue their work supporting entrepreneurs in Puerto Rico, which is still recovering from the aftermath of Hurricane…

MHLD Shareholder Notice: Lawsuit Alleges Misleading Statements by Maiden Holdings, Ltd.

February 27, 2019

San Diego, CA—- 02/27/2019– An investor, who purchased shares of Maiden Holdings, Ltd., filed a lawsuit i over alleged Federal Securities Laws violations by Maiden Holdings, Ltd.. In particular, the plaintiff alleges that the defendants misleadingly claimed that they were subjecting AmTrust’s insurance portfolio to robust analysis and cross-checks to ensure…

Oh no! Company owners can get a shock from huge tax bills

February 27, 2019

It can be a shock for small business owners to learn they owe the government thousands of dollars in taxes. It can happen to owners at any stage of their companies; it’s often the result of poor planning or not getting advice from an experienced tax adviser. Tax pros warn that it can happen to more owners this year because there are so many unknowns about the new tax law. But if owners are stuck with big tax bills and don’t have available cash, they likely can get a payment plan with the IRS.

February 27, 2019

The Latest: Powell Says Fed Not Swayed By Political Attacks

Federal Reserve Chairman Jerome Powell says that the Fed is making its decisions on interest rates based on “our best thinking” and not political considerations. Powell’s comments came in response to a question from Rep. Al Green, D-Texas, who noted that President Donald Trump had attacked the Fed’s interest rate decisions repeatedly last year.

February 27, 2019

AM Best Withdraws Credit Ratings of Intercona Re AG

AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Rating of“ aa-” Intercona Re AG. The outlook of these Credit Ratings is stable. Intercona’ s disciplined underwriting enabled the company to report pre-tax profits of CHF 77.1 million in 2017, following a financial year loss of CHF 49.2 million in 2016, primarily driven by a…

February 27, 2019

AM BestTV: New Talent Is Pushing Insurers to Innovate Faster, Says Expert Panel

In this episode of AM BestTV from the Emerging Leaders Conference in Miami, a panel of insurance industry executives said new talent is pushing the insurance industry to innovate and integrate change faster. “Probably more than ever before, there is a surplus of high quality talent across the country,” said Dan Hofmeister, financial analyst, AM Best.“ Insurance is…

February 27, 2019

Munich Re Teams Up with CyberCube to Bolster Cyber Risk Analytics

–CyberCube, a leading provider of cyber risk analytics for the insurance industry, today announced that Munich Re has selected its cyber insurance analytics platform to support state-of-the-art quantification, modelling and control cyber accumulation risk. Munich Re is the market leader in the swiftly growing cyber insurance market and offers both…

February 27, 2019

Zeguro Announces End-to-End Insurance Policy Quotes for SMEs in Minutes

“Based on our own research, as well as research by the National Cyber Security Alliance last year, a cyber attack can leave SMEs out of business,” said Zeguro Co-founder and President Dan Smith. Through its partnership with Hartford Steam Boiler Inspection and Insurance Company, Zeguro’s offering is highly customizable. More than a Managing General Agent, Zeguro…

February 27, 2019

Chubb and Carnegie Mellon University Award Cyber COPE Insurance Certification Designations to Agents and Brokers

–Chubb and Carnegie Mellon University’s Heinz College of Information Systems and Public Policy have awarded the Cyber COPE Insurance Certification SM designations to a group of insurance professionals who recently completed the program. Co-created by Chubb and Carnegie Mellon in 2018, the program gives commercial agents, brokers, and wholesalers the…

February 27, 2019

Virginia Premier™ Partners with ProgenyHealth® for Comprehensive NICU Population Management Services

ProgenyHealth today announces the launch of its NICU utilization management and case management program for Virginia Premier to provide comprehensive services for the health insurance plan’ s premature and medically complex infant population. Virginia Premier is a non-profit managed care organization wholly owned by VCU Health System, now serving…

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