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ParkerVision reports rare annual profit

March 28, 2024

ParkerVision Inc., which has no products on the market, reported a rare annual profit because of proceeds from a lawsuit settlement in early 2023.. The Jacksonville- based developer of wireless technology said March 21 it ended 2023 with net income of $9.5 million, or 8 cents per share. ParkerVision never revealed details of the settlement but the agreement…

March 28, 2024

Madison company sues MassMutual over alleged $3 million loss in retirement fund

NeuGen, a Madison-based spinoff of WEA Trust, on Wednesday sued Massachusetts- based MassMutual, alleging nearly 300 former NeuGen employees lost $3 million when MassMutual terminated a retirement fund after NeuGen announced layoffs in 2022.. NeuGen was started in 2018 by WEA Trust, the insurance company created by the Wisconsin Education Association…

Biden touts new rule to crack down on 'junk' health insurance

March 28, 2024

The Biden administration announced on Thursday a new rule to crack down on so-called "junk" health insurance where companies provide inexpensive healthcare coverage from plans that provide few services. "As the president has said, people hate being played for suckers and the current practice of offering low-quality insurance that people pay into, but then…

Arkansas plan to create state-run insurance company for school buildings in works

March 28, 2024

Roberts Lee, president of Meadors, Adams& Lee Insurance Inc., urged lawmakers to make a decision soon during its presentation to the Arkansas Legislative Council's executive subcommittee. Most school districts in the state are insured either through a program managed by the Arkansas School Boards Association or a separate program managed by the state…

Why apartment building insurance is skyrocketing — and how to beat it

March 28, 2024

Apartment building insurance has gone up 20 percent every year for the last two years. "Insurance is skyrocketing, umbrella insurance, all types of insurance is skyrocketing," said John Simone, managing director at Brownstone Agency. "And that is due to a lot of reinsurance problems that are going on right now.

Reduced cost of flood insurance in the city

March 28, 2024

The city of Fernandina Beach participates in FEMA's National Flood Insurance Program, which provides flood insurance access to property owners, renters and businesses of participating communities. The new rating is based on the efforts of city staff and its Program for Public Information Committee members, including realtors, insurance agents, mortgage…

Georgia Senate rejects Medicaid expansion

March 28, 2024

A plan by state Senate Democrats and some Republicans to fully expand Medicaid coverage in Georgia was shot down by the narrowest margin- a tie vote in a Senate committee. David Lucas, D- Macon, working with Sen. Matt Brass, R- Newnan, brought a proposal to expand Georgia's Medicaid program through a waiver the state would seek from the federal Centers for Medicare and…

Chubb Limited to Hold its First Quarter Earnings Conference Call on Wednesday, April 24, 2024

March 28, 2024

ZURICH, March 28, 2024/ PRNewswire/– Chubb Limited will hold its first quarter earnings conference call on Wednesday, April 24, 2024, at 8:30 a.m. Eastern. The company expects to issue its first quarter earnings release and financial supplement after the market closes on Tuesday, April 23, 2024. These documents will be available on the company's investor…

Mississippi Secretary of State accuses investment company of fraudulent actions

March 28, 2024

JACKSON, Miss.– Mississippi Secretary of State Michael Watson and the Securities Division of his office issued a Summary Cease and Desist Order against BlackRock, Inc.. BlackRock provides exchange-traded funds, or pooled investments categorized as securities, and currently manages over $9 trillion in investments through 70 offices in 30 countries.

Board considers medical coverage for retired K9s Stafford considers medical coverage for retired K9s

March 28, 2024

When police or fire dogs retire from service in Stafford County, they go to live with their handlers who are responsible for providing everything the canines need, including medical care. Stafford County officials may change that to make sure employees, "not just in a human form but in the animal form," get the treatment they deserve, said Board of Supervisors…

Notice of 2024 Annual General Meeting

March 28, 2024

On Thursday, 2 May 2024 at 10:30am. Annual General Meeting of Aviva plc. I am pleased to share with you the arrangements for this year's AGM which will be held at 10:30am on Thursday, 2 May 2024 at York Racecourse, Knavesmire Road, York YO23 1 EX.

Cheche Group Reports Fourth Quarter and Full Year 2023 Unaudited Financial Results

March 28, 2024

–Cheche Group Inc., China's leading auto insurance technology platform, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2023. Net revenue s for the quarter increased 12.1% year-over-year to RMB867.8 million, while net revenues for the full year of 2023 increased 23.2% over the prior year to RMB3.3…

Biden: new rule will protect consumers who purchase short-term health plans

March 28, 2024

President Joe Biden on Thursday announced new steps to protect consumers who buy short-term health insurance plans that critics say amount to junk. The White House said the rule is part of Biden's efforts to reduce costs for consumers, which he has been promoting extensively as he seeks reelection in November. “The president really believes the American…

Guidewire Jasper Release Boosts Commercial Lines Agility for P&C Insurers and Strengthens Functionality Across Entire Product Portfolio [Business Wire India]

March 28, 2024

San Mateo, March 28– Guidewire announces Jasper, its latest release, which boosts commercial lines agility for P&C insurers with support for layered coinsurance, schedule import, and a new U.S. Bureau Content Solution. *Additionally, expanded HazardHub data for Canada gives insurers deeper property risk insights for underwriting precision.

Guidewire Jasper Release Boosts Commercial Lines Agility for P&C Insurers and Strengthens Functionality Across Entire Product Portfolio

March 28, 2024

Guidewire announces Jasper, its latest release, which boosts commercial lines agility for P&C insurers with support for layered coinsurance, schedule import, and a new U.S. Bureau Content Solution. *Additionally, expanded HazardHub data for Canada gives insurers deeper property risk insights for underwriting precision. Layered coinsurance reduces risk…

Guidewire Jasper Release Boosts Commercial Lines Agility for P&C Insurers and Strengthens Functionality Across Entire Product Portfolio

March 28, 2024

Guidewire Jasper Release Boosts Commercial Lines Agility for P&C Insurers and Strengthens Functionality Across Entire Product Portfolio Guidewire Jasper Release Boosts Commercial Lines Agility for P&C Insurers and Strengthens Functionality Across Entire Product Portfolio Guidewire announces Jasper, its latest release, which boosts commercial…

Underscoring the importance of protection, SBI Life & Lucknow Super Giants Unveil the spectacular Larger-Than-Life 'Helmet' Installation at Ekana Cricket Stadium

March 28, 2024

–SBI Life Insurance, one of the most trusted private life insurers in the country, along with Lucknow Super Giants, inaugurated the spectacular' larger-than-life' helmet installation at the Bharat Ratna Shri Atal Bihari Vajpayee Ekana Cricket Stadium, the team's home ground in Lucknow. Capturing the attention of cricket enthusiasts, the unique structure aims…

Royal Sundaram's Innovative Smart Save Add-on: A Rising Need [Business Wire India]

March 28, 2024

As India's automotive industry continues its rapid growth, the need for comprehensive car insurance is becoming increasingly important. According to a recent report, India's car insurance penetration was only 3.76% in 2019 compared to 5% in 2016. However, penetration is steadily rising with more players like Royal Sundaram offering innovative products…

Brookfield Reinsurance Completes Annual Filings

March 27, 2024

BROOKFIELD, NEWS, March 27, 2024– Brookfield Reinsurance announced today the filing of its 2023 annual report, including audited financial statements for the year ended December 31, 2023, on Form 20- F with the SEC on EDGAR as well as with Canadian securities regulatory authorities on SEDAR.. These documents are available at bnre.brookfield.com, on SEC’ s…

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