At its Summer National Meeting in Chicago (August 12-15, 2024), the NAIC announced important guidance relating to the statutory accounting treatment of insurance companies’ investments in bank credit risk transfer (“CRT”) transactions.
Under the guidance, which is in the form of a Q&A:
Although the...
Medicare beneficiaries’ enrollment in Medicare Advantage insurance has grown exponentially, more than doubling since 2010. This year some 54% of beneficiaries are enrolled.
KFF (formerly Kaiser Family Foundation)...
FW grandmother fights unknown home insurance claim A Fort Worth grandmother says she was at the end of her rope after her insurance company incorrectly added a claim to her record. The alleged error caused her rates to jump. And despite...
KANAWHA COUNTY, W.Va. (WCHS) — A St. Albans man pleaded guilty Wednesday to defrauding the volunteer fire department he worked at and making false insurance claims after setting his own home on fire, prosecutors said.Donald A. Ennis, 43, pleaded guilty to two counts...
(WFSB) -For those whose homes have flooded, dealing with insurance can be a headache.Our crews out in the field have been hearing from people frustrated with the insurance process.Some people don’t know what is or isn’t covered, some say their insurance company doesn’t...
