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AM Best Withdraws Credit Ratings of Aetna Insurance Company Limited – Business Wire

... Insurance Company Limited (AICL) (United Kingdom). At the time of the withdrawal, the outlook of the Credit Ratings (ratings) was negative. The ... Source link

The Private Market Can Add Discipline to Deposit Insurance

Following the collapse of Silicon Valley Bank, Signature Bank and First Republic Bank this spring, U.S. lawmakers have faced a policy head-scratcher. When bank runs happen on the internet, not at the teller’s window, how can the government ensure that smaller and regional...

Evofem birth-control startup sells to Aditxt for $100M

Evofem Biosciences, the buzzy but controversial women’s health startup that spent the past year trying to stay afloat, has finally found a buyer. The San Diego company, which makes the contraceptive gel Phexxi, has agreed to sell itself to biotech firm Aditxt, the companies...

Yearlong case of alleged insurance fraud in Florida closes

WESH 2 Investigates has learned that one of the cases involving allegations of insurance company fraud, which may have led to underpayment of claims to homeowners following major storms, has been closed.The Department of Financial Services cited a lack of...

Biden judge stays lower court ruling and sends issue to state court to give victim of insurance cancellation the opportunity to recover damages

Judge Julie Rikelman,  nominated by President Biden to the First Circuit, wrote a unanimous opinion that stayed a lower court ruling and gave a person whose disability insurance policy was cancelled the chance to recover damages from the insurance company for improperly cancelling...