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Independence Blue Cross announces new, expanded role for Dr. Reetika Kumar, FACP

January 29, 2024

–Independence Blue Cross announced a new and expanded role for Dr. Reetika Kumar, FACP, serving the organization as vice president, Market Clinical Solutions and Pharmacy Services. She has been instrumental in our effort to develop, implement, and maintain our Clinical Services strategy, programs, and products, "said Susan Larkin, executive vice president and…

New York Life Launches Voluntary Benefits Designed to Support Employees’ Financial Wellbeing

January 29, 2024

New York Life today announced the launch of a new portfolio of voluntary benefits, aimed at enhancing employees' financial security. New York Life's voluntary benefits are designed to mitigate these challenges, offering employee-centric, tailored plans that cover more medical conditions and treatments while reducing administrative complexity for…

Inflation has slowed. Now the Federal Reserve faces expectations for rate cuts

January 29, 2024

—Chair Jerome Powell will enter this week's Federal Reserve meeting in a much more desirable position than he likely ever expected: Inflation is getting close to the Fed's target rate, the economy is still growing at a healthy pace, consumers keep spending and the unemployment rate is near a half-century low. A year ago, most economists had envisioned a much…

Michael Lezynski Joins Alliant Insurance Services Amid Continued Northeast Growth

January 29, 2024

Michael Lezynski has joined Alliant Insurance Services as Executive Vice President within the company’ s Alliant Americas division. Based in Red Bank, New Jersey, Lezynski will be responsible for Alliant’ s ongoing growth and expansion within the New Jersey and Southeastern Pennsylvania markets. Alliant Insurance Services is one of the nation’ s leading…

Bidencare is a really big deal

January 29, 2024

In 2010, at the signing of the Affordable Care Act, aka Obamacare, Joe Biden, the vice president at the time, was caught on a hot mic telling President Barack Obama that the bill was a "big deal." Inflation, especially using the measure preferred by the Federal Reserve, has fallen close to the Fed's target. Biden deserves some political reward for this good news, given…

Felix Cat Insurance to Help Bring Felines to Your Football Watch Parties

January 29, 2024

–Felix Cat Insurance is celebrating the big game on February 11 with a "Football and Felines" giveaway. "At Felix, cats are our everything," said Jamie Maxfield, Marketing Director and Brand Expert at Felix Cat Insurance. Felix Cat Insurance is the first pet insurance just for cats.

County Councilman Keith Huck seeks reinstatement of health insurance benefits

January 29, 2024

PERRY COUNTY— Perry County Councilman Keith Huck of District 3 filed a lawsuit dated Jan. 18 against the Perry County Board of Commissioners seeking reinstatement of insurance benefits that the suit alleges wrongfully excluded him and his dependent family members from the county's group health insurance plan. The suit further names County Commissioners…

Verrica Pharmaceuticals Receives Permanent J-Code (J7354) for YCANTH™ from Centers for Medicare and Medicaid Services

January 29, 2024

–Verrica Pharmaceuticals Inc., a dermatology therapeutics company developing medications for skin diseases requiring medical interventions, today announced that the Centers for Medicare& Medicaid Services has issued a permanent J-Code for YCANTH™, which is the only FDA- approved treatment for molluscum contagiosum. “By securing a permanent J-Code for…

Universal Life Insurance Market to Reach $ 280.4 billion globally, by 2032 at 9.3% CAGR: Allied Market Research

January 29, 2024

–Allied Market Research published a report, titled, " Universal Life Insurance Market by Type and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2023-2032". According to the report, the universal life insurance market was valued at valued at$ 117.5 billion in 2022 and is projected to reach$ 280.4 billion by 2032, exhibiting a CAGR of 9.3%…

Max Life launches 'Smart Wealth Annuity Guaranteed Pension Plan': Redefining Retirement with Unmatched Flexibility

January 29, 2024

–Max Life Insurance Company Ltd., has launched Smart Wealth Annuity Guaranteed Pension Plan- SWAG Pension Plan– A Non-Linked, Non-Participating Individual/Group General Annuity Savings Plan. Prashant Tripathy, Managing Director& CEO of Max Life, said, "With considerable demographic changes on the horizon, getting financially ready for retirement is becoming…

Missouri man faces DUI after Worden incident [The Telegraph, Alton, Ill.]

January 28, 2024

According to court documents, on Dec. 17 Grimaud was found to be driving a 2011 Nissan Sentra on Su Twan Drive in Worden while under the influence of alcohol and without liability insurance. In an unrelated case, Johnathan I. Espinoza, 32, of the 2100 block of Bern Avenue, Granite City, was charged with aggravated fleeing or attempting to elude a peace officer, a Class 4…

Tulsa school district to recoup money from Travelers’ policy for alleged fraud

January 28, 2024

The state's largest school district has received new email communications in January that it could soon receive as much as $470,000 from its claim against its Travelers Insurance fidelity and crime policy that protects against losses caused by employees' fraudulent or dishonest actions. Claim documents and other emails obtained from TPS by the Tulsa…

Judgments: Jan. 15-19, 2024

January 28, 2024

Cases disposed from Jan. 15-19 in Gregg County civil court. Gainsco Inc. doing business as Gainsco Auto Insurance Company and MGA Insurance Company Inc., breach of contract, all other dispositions. Regency IHS of Longview LLC. doing business as Longview Hill Nursing and Rehabilitation Center and Regency Integrated Health Services LLC., medical malpractice,…

WHEN TO BUY LIFE INSURANCE

January 28, 2024

Your need for life insurance changes with the stages of your life, starting with little to no need when you're young, progressing to greater and greater necessity as you take on more and more responsibility, and finally beginning to diminish as you grow older and your responsibilities wane. Here is a guideline on determining your insurance needs.

A guide to long-term care insurance

January 28, 2024

If you're wealthy, you'll be able to afford help in your home or care in an assisted living facility or a nursing home. If you're poor, you can turn to Medicaid for nursing homes or aides at home. Policies generally pay a set rate per day, week or month— say, up to $1,400 a week for home care aides.

1 million sign up in NC for health insurance

January 28, 2024

The U.S. Department of Health and Human Services reported Wednesday that North Carolina ranked fourth in enrollment among the 32 states participating in the exchange, as well as fifth overall. Coverage began on Jan. 1 for those enrolled before Dec. 15. Individuals who enrolled by Jan. 16 will have coverage start Feb. 1.

The case against Devin Fletcher

January 28, 2024

The state's largest school district has received new email communications in January that it could soon receive as much as $470,000 from its claim against its Travelers Insurance fidelity and crime policy that protects against losses caused by employees' fraudulent or dishonest actions. Claim documents and other emails obtained from TPS by the Tulsa…

Staff moves at Fishman Haygood, Kean Miller, Jones Walker

January 28, 2024

Johnny Domiano and Lee Reid have been appointed as practice group leaders for Adams and Reese. He formerly served as the partner in charge for the firm's New Orleans office. Jones Walker has elected four new partners to its New Orleans office.

LETTER TO THE EDITOR: Suggested corrections

January 28, 2024

I read your editorial piece today on the recent rate increase request proposed by the North Carolina Rate Bureau and the NC Insurance Commissioner's potential response. As the COO of the Rate Bureau, I have certainly read a lot of articles and editorials on this subject over the last few weeks. I have to say, that your editorial is one of the more fair and balanced…

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