NAIC

Mark Farrah Associates Simplifies Health Insurance Data Analytics with the Health Coverage Portal

Retrieved on: 
Tuesday, April 9, 2024
Professional Services, Healthcare Reform, Hospitals, Health Technology, Health Insurance, Data Analytics, Insurance, Practice Management, Finance, Consulting, Health, Public Policy, Government, Small group, DMHC, California Department, NAIC, MFA, History, FREE, Commercial, Loss, Bank statement, Parent, Medicaid, HCP, National Association, Communes of Burundi, Medicare, Health insurance

Mark Farrah Associates (MFA) , a leading data aggregator and publisher of health plan market data and analytics, aggregates industry metrics from statutory financial statements filed with state insurance regulators in its Health Coverage Portal™ (HCP).

Key Points: 
  • Mark Farrah Associates (MFA) , a leading data aggregator and publisher of health plan market data and analytics, aggregates industry metrics from statutory financial statements filed with state insurance regulators in its Health Coverage Portal™ (HCP).
  • Mark Farrah Associates continually strives for ongoing product enhancement and development, to further simplify the analysis of health insurance business.
  • For companies seeking comprehensive market data, MFA offers the Health Coverage Portal™ , an online application that integrates NAIC and CA DMHC financial statements, relevant government reports and MFA self-insured datasets.
  • To learn more about the Health Coverage Portal™ and MFA’s other valuable health insurance analytic tools, contact Mark Farrah Associates at 724-338-4100 or visit www.markfarrah.com .

Luma Financial Technologies Announces a Collaboration with BNY Mellon’s Pershing to Provide Next-Level Annuity Management Solutions

Retrieved on: 
Tuesday, April 2, 2024
Technology, Finance, Professional Services, Software, Other Education, Training, Data Analytics, Data Management, Education, NAIC, Knowledge, Research, BNY, National Association, Subscription business model, Financial Technologies Group, Financial adviser

Luma Financial Technologies (“Luma”), the world’s top independent, multi-issuer, structured products and annuities platform, and BNY Mellon’s Pershing (“Pershing”), a leading provider of global financial business solutions, announced a collaboration that will provide financial advisors with a best-in-class annuity management experience.

Key Points: 
  • Luma Financial Technologies (“Luma”), the world’s top independent, multi-issuer, structured products and annuities platform, and BNY Mellon’s Pershing (“Pershing”), a leading provider of global financial business solutions, announced a collaboration that will provide financial advisors with a best-in-class annuity management experience.
  • Pershing will transmit brokerage account details to Luma, and Luma will provide brokerage account, product, and user information to Subscribe®, Pershing’s proprietary annuity application.
  • “Offering our clients easy access to Luma provides an enhanced annuity and retirement planning experience,” said Sareena Dalla Brookshire, Chief Product Officer, BNY Mellon’s Pershing.
  • “Through Subscribe, our proprietary annuity application, Pershing clients have access to a robust set of features to help them manage their annuity business.”

Pet Insurance Market Size, Share & Trends Analysis Report 2024 - Global Forecasts to 2030 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, March 19, 2024
Health Insurance, Health, Pets, Consumer, Accident, NAIC, Horse, APPA, Reptile, Bird, Insurance, Dog, Agency, Nationwide, Disease, National Association, Pet, American Pet Products Association, USD, Animal, Legislation, Pet industry

The "Pet Insurance Market Size, Share & Trends Analysis Report By Coverage Type (Accident-only, Accident & Illness), By Animal Type (Dogs, Cats), By Sales Channel (Agency, Broker, Direct), By Region, And Segment Forecasts, 2024 - 2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Pet Insurance Market Size, Share & Trends Analysis Report By Coverage Type (Accident-only, Accident & Illness), By Animal Type (Dogs, Cats), By Sales Channel (Agency, Broker, Direct), By Region, And Segment Forecasts, 2024 - 2030" report has been added to ResearchAndMarkets.com's offering.
  • Furthermore, pet insurance providers are offering a wider range of coverage options, including customizable plans that cater to different needs and budgets, making insurance more accessible and attractive to pet owners.
  • The National Association of Insurance Commissioners (NAIC) has developed a Pet Insurance Model Act to create regulatory guidance for states regarding pet health insurance.
  • In addition, there is a growing awareness and concern among pet owners about their pets' health, leading to an increased demand for pet insurance

Bermuda Risk Summit Continues to Attract Strong Showing of Overseas Delegates

Retrieved on: 
Monday, March 18, 2024
Banking, Accounting, Professional Services, Business, Thought Leadership, Fintech, Asset Management, Other Professional Services, Legal, Insurance, Finance, Consulting, Bermuda College, Synthetic media, AXA, NAIC, KPMG, INED, Amazon, Partnership, Risk, FIO, Eastern Kentucky University, Gold, Transport, Capital, BMA, KBRA, Food, EY, Faculty, BDA, Arch Capital Group, Gen Re, Student, Investment, Kirkland & Ellis, Florida State University, SS&C Technologies, International business, National Association, Recreation, Treasury, Economic development

The Bermuda Risk Summit, presented by the Bermuda Business Development Agency (BDA), in partnership with the Association of Bermuda Insurers and Reinsurers (ABIR) and EY, has once again had a strong showing of overseas support, with 40% of its 450-plus delegate-list attending from overseas.

Key Points: 
  • The Bermuda Risk Summit, presented by the Bermuda Business Development Agency (BDA), in partnership with the Association of Bermuda Insurers and Reinsurers (ABIR) and EY, has once again had a strong showing of overseas support, with 40% of its 450-plus delegate-list attending from overseas.
  • The immediate economic impact of the 2024 Bermuda Risk Summit, held at the Hamilton Princess & Beach Club, March 13-15, including lodging, transportation, food and beverage, retail and recreation was estimated at $3.4 million, supporting 432 jobs.
  • Far more significant were the long-term economic benefits brought about by the additional visitors who flew to Bermuda for business meetings during the week of the summit.
  • Fiona Luck, Lloyd’s Council Member, Convex Group INED said, “I congratulate the BDA on another successful Bermuda Risk Summit, further cementing Bermuda’s position as a globally significant insurance and reinsurance centre.

Record Number of US Insurance Regulators Speaking at 2024 Bermuda Risk Summit

Retrieved on: 
Monday, March 11, 2024
Professional Services, Business, Thought Leadership, Other Professional Services, Insurance, Finance, Friends, KPMG, Transport, Investment, Treasury, Representative, AXA, Commissioner, Amazon, Partnership, FIO, Florida House, Gen Re, SS&C Technologies, National Association, Economic development, Risk management, Food, Arch Capital Group, App Store (iOS/iPadOS), Kirkland & Ellis, International business, NAIC, Gold, Capital, KBRA, EY, BDA, Google Play, Recreation, Financial services

The Bermuda Business Development Agency (BDA) looks forward to welcoming the heads of the National Association of Insurance Commissioners (NAIC) and US Department of Treasury, Federal Insurance Office (FIO) to the third annual Bermuda Risk Summit this week.

Key Points: 
  • The Bermuda Business Development Agency (BDA) looks forward to welcoming the heads of the National Association of Insurance Commissioners (NAIC) and US Department of Treasury, Federal Insurance Office (FIO) to the third annual Bermuda Risk Summit this week.
  • The Bermuda Risk Summit, presented by the Bermuda Business Development Agency (BDA), in partnership with the Association of Bermuda Insurers and Reinsurers (ABIR) and EY, will take place at the Hamilton Princess & Beach Club from March 13-15.
  • David Hart, CEO, BDA said, “We are extremely grateful for the level of support we have received from our industry partners and overseas friends.
  • An independent, public-private partnership, we connect you to industry professionals, regulatory officials, and key contacts in the Bermuda government to assist domicile decisions.

Global Pet Insurance Market Trends Analysis Report 2024-2030: Rising Veterinary Care Costs Propel Growth, Direct Sales Channel Emerges as Key Driver

Retrieved on: 
Wednesday, March 20, 2024
Accident, Health, NAIC, Horse, APPA, Reptile, Bird, Insurance, Dog, Agency, Nationwide, Disease, National Association, Pet, American Pet Products Association, USD, Animal, Legislation, Pet industry

This includes expenses, such as pet food, supplies, over-the-counter medications, veterinary care, and other services.

Key Points: 
  • This includes expenses, such as pet food, supplies, over-the-counter medications, veterinary care, and other services.
  • Furthermore, pet insurance providers are offering a wider range of coverage options, including customizable plans that cater to different needs and budgets, making insurance more accessible and attractive to pet owners.
  • The National Association of Insurance Commissioners (NAIC) has developed a Pet Insurance Model Act to create regulatory guidance for states regarding pet health insurance.
  • In addition, there is a growing awareness and concern among pet owners about their pets' health, leading to an increased demand for pet insurance

NAIC Announces Gary Anderson as CEO

Retrieved on: 
Saturday, March 16, 2024
Union University, NAIC, Commissioner, Trust, International Association, Committee, Strategic planning, Juris Doctor, Policy, History, IAIS, Executive Committee, Idaho State University, Audit committee, National Association, PDC, Senate, Management

"Selecting the next NAIC CEO has been arduous but rewarding," said NAIC President and Connecticut Insurance Commissioner Andrew Mais.

Key Points: 
  • "Selecting the next NAIC CEO has been arduous but rewarding," said NAIC President and Connecticut Insurance Commissioner Andrew Mais.
  • "We were looking for the best fit, and we found it in Gary Anderson.
  • I am excited to embark on the next adventure as CEO of the NAIC, supporting the state-based system of insurance regulation.
  • In December 2022, Anderson was honored with the Raymond G. Farmer Award for Exceptional Leadership by the NAIC.

Simplifying Health Insurance Data Analytics with Mark Farrah Associates’ Health Coverage Portal

Retrieved on: 
Thursday, February 29, 2024
Technology, Insurance, Finance, Banking, Professional Services, Health Insurance, Managed Care, Data Analytics, Health, Data Management, HCP, National Association, MFA, Parent, Loss, Small group, California Department, DMHC, Commercial, History, Medicare, Medicaid, NAIC, Communes of Burundi, FREE, Bank statement, Health insurance

Mark Farrah Associates (MFA) , a leading data aggregator and publisher of health plan market data and analytics, aggregates industry metrics from statutory financial statements filed with state insurance regulators in its Health Coverage Portal™ (HCP) database tool.

Key Points: 
  • Mark Farrah Associates (MFA) , a leading data aggregator and publisher of health plan market data and analytics, aggregates industry metrics from statutory financial statements filed with state insurance regulators in its Health Coverage Portal™ (HCP) database tool.
  • To further simplify the analysis of health insurance business, MFA presents its enhanced Health Coverage Portal™ to provide expanded capabilities and time-saving ease of use for the analysis of annual and quarterly enrollment, financials and industry ratios for health plans across the country.
  • For companies seeking comprehensive market data, MFA offers the Health Coverage Portal™ , an online application that integrates NAIC and CA DMHC financial statements, relevant government reports and MFA self-insured datasets.
  • To learn more about the Health Coverage Portal™ and MFA’s other valuable health insurance analytic tools, contact Mark Farrah Associates at 724-338-4100 or visit www.markfarrah.com .

Bermuda Reinsurance CEOs Discuss Putting Capital to Work at 2024 Bermuda Risk Summit

Retrieved on: 
Thursday, February 29, 2024
Professional Services, Security, Technology, Thought Leadership, Insurance, Finance, Investment, National Association, Kirkland & Ellis, FIO, Risk management, SS&C Technologies, EY, App Store (iOS/iPadOS), Transport, Government, Aspen, Food, Risk, Economic development, Google Play, Private sector, Gold, Recreation, BDA, International business, Capital, KBRA, NAIC, KPMG, Partnership, Airline

A panel of Bermuda reinsurance CEOs offer a unique lens into optimising capital deployment, risk management, and the dynamic forces shaping the industry's future at the 2024 Bermuda Risk Summit, presented by the Bermuda Business Development Agency (BDA), in partnership with the Association of Bermuda Insurers and Reinsurers (ABIR) and EY.

Key Points: 
  • A panel of Bermuda reinsurance CEOs offer a unique lens into optimising capital deployment, risk management, and the dynamic forces shaping the industry's future at the 2024 Bermuda Risk Summit, presented by the Bermuda Business Development Agency (BDA), in partnership with the Association of Bermuda Insurers and Reinsurers (ABIR) and EY.
  • John Huff said, “It is a pleasure to once again be moderating a panel at the Bermuda Risk Summit, which ABIR has been a headline sponsor of since its inception three years ago.
  • I look forward to asking these CEOs why Bermuda remains the world’s risk capital, as well as discussing our global prominence as a property and casualty market.
  • An independent, public-private partnership, we connect you to industry professionals, regulatory officials, and key contacts in the Bermuda government to assist domicile decisions.

States Issue Property & Casualty Market Intelligence Data Call Covering Over 80% of U.S. Market

Retrieved on: 
Friday, March 8, 2024
National Association, Committee, Property, FIO, Weather, Commissioner, General insurance, Health, History, Treasury, NAIC, Insurance

Under their regulatory authority, state Departments of Insurance routinely collect data from insurance companies to better understand market dynamics.

Key Points: 
  • Under their regulatory authority, state Departments of Insurance routinely collect data from insurance companies to better understand market dynamics.
  • Today, state insurance regulators have united to issue a comprehensive, multi-state data call coordinated by the National Association of Insurance Commissioners (NAIC) to collect and analyze data covering more than 80% of the U.S. property insurance market by premium volume.
  • The Property & Casualty Market Intelligence Data Call (PCMI) will gather data from more than 400 property insurers operating locally and across the country to give state insurance regulators a clear sense of what is happening in their individual property markets and the nation overall.
  • "The Property & Casualty Market Intelligence Data Call will provide a more holistic view of the property insurance market within our individual states and across the nation," said Alan McClain, Commissioner of the Arkansas Insurance Department and chair of the NAIC Property and Casualty Committee.