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Insurance Department Approves Reduced Health Insurance Rate Hikes For 2025

The Connecticut Insurance Department (CID) approved a reduced rate hike for individual and group plans for 2025 on Friday, despite bipartisan pleas to reign in healthcare costs for residents burdened by a range of cost increases in their lives. “Our priority is always the...

Coalition Announces Reinsurance Intermediary Coalition Re

Coalition Re to Offer Active Cyber Reinsurance via Two Products Supported by Aspen-led Capacity SAN FRANCISCO–(BUSINESS WIRE)–Coalition, the world’s first Active Insurance provider designed to prevent digital risk before it strikes, today announced the creation of its reinsurance intermediary, Coalition Re, to provide capacity...

AM Best Affirms Credit Ratings of Unum Group and Its Core U.S. Life/Health Subsidiaries

These companies are the core U.S. life/health (L/H) insurance subsidiaries of Unum Group (Unum) (headquartered in Chattanooga, TN) . In ... Source link

What! My Flood Policy Doesn’t Cover Flood Damage?! This, and Other Pitfalls of NFIP Flood Insurance Policies | Ward and Smith, P.A.

Congress created the National Flood Insurance Program (the "NFIP") to help make flood insurance more affordable in areas prone to flood damage.  FEMA oversees the program and writes the terms of the Standard Flood Insurance Policy (the "Policy"), and the Federal government pays claims. ...