NAIC

Spot Pet Insurance Celebrates Mother's Day by Supporting Mother Dog and Puppies at Big Dog Ranch Rescue

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星期四, 五月 9, 2024
Pet, Hope, Health, Breeding, Love, Happiness, Red Robin, NPN, Cavalier, NAIC, Dog, Organization, Hunting

MIAMI, May 9, 2024 /PRNewswire/ -- Spot Pet Insurance , a leading provider of dog insurance plans and cat insurance plans , has completed a donation to assist a mother dog and her adorable puppies at Big Dog Ranch Rescue.

Key Points: 
  • MIAMI, May 9, 2024 /PRNewswire/ -- Spot Pet Insurance , a leading provider of dog insurance plans and cat insurance plans , has completed a donation to assist a mother dog and her adorable puppies at Big Dog Ranch Rescue.
  • Thankfully, Red Robin and her puppies are now in the loving care of Big Dog Ranch Rescue.
  • Thanks to the recent support from Spot Pet Insurance, the Ranch is poised to enhance its life-saving services even further.
  • Spot Pet Insurance passionately advocates for current and expecting pet owners to consider adopting from shelters and rescues like Big Dog Ranch Rescue.

AM Best to be Joined by Conning for Analytical Briefing on Delegated Underwriting Authority Enterprises Market

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星期一, 五月 6, 2024
Consulting, Professional Services, Insurance, Finance, News, Conning, Data, AM Best, Research, Risk management, Delegate, Benchmarking, NAIC, EST, ALL, Growth

Senior analytical and research staff from AM Best and Conning will discuss market conditions and growth within the Delegated Underwriting Authority Enterprises (DUAE) segment during an online briefing on May 23, 2024 at 2 p.m. (EST).

Key Points: 
  • Senior analytical and research staff from AM Best and Conning will discuss market conditions and growth within the Delegated Underwriting Authority Enterprises (DUAE) segment during an online briefing on May 23, 2024 at 2 p.m. (EST).
  • AM Best Senior Director Greg Williams will be joined by Alan Dobbins, Conning’s director of insurance research.
  • Discussion topics will include growth in the DUAE market based on NAIC statutory filing disclosures and Conning’s re-estimation of the DUAE market share given data gaps.
  • She joined AM Best in 2022, initially serving as a senior financial analyst, conducting Best’s PA for DUAEs.

Sedgwick launches AI-powered care guidance application for claims management

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星期一, 五月 6, 2024
Case management, Sidekick, AI, Health, Machine learning, Artificial intelligence, National Association, European, Data science, Senior, NAIC, Injury, Medical device

The AI-powered care guidance is designed to supplement the efforts of Sedgwick's talented claims professionals in ensuring timely, quality care for injured and ill workers.

Key Points: 
  • The AI-powered care guidance is designed to supplement the efforts of Sedgwick's talented claims professionals in ensuring timely, quality care for injured and ill workers.
  • By identifying subtle patterns that might otherwise be overlooked, AI care guidance detects the warning signs of claim severity early in the process and facilitates prompt referrals to appropriate clinical resources, including case management, surgery support, pharmacy management and behavioral health specialists.
  • "The AI care guidance application is our new paradigm for combining innovative technologies with human connection in the claims process," said Adam Fisher, Sedgwick's Chief Data Officer.
  • The company aims to apply lessons from the model to other lines of business, including liability claims involving bodily injury.

NAIC's Paradigm Changers Internship Program is Building a Pathway for Women to Pursue Careers in Alternatives

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星期四, 五月 2, 2024
Investment, PAI, Woman, American Investment Council, National Association, PAI Partners, Paradigm, NAIC, GCM Grosvenor

Launched in 2021, NAIC's Paradigm Changers Internship Program was designed to create opportunities for ethnically diverse women to explore careers in the alternatives industry through a combination of training and career development sessions and an immersive summer internship.

Key Points: 
  • Launched in 2021, NAIC's Paradigm Changers Internship Program was designed to create opportunities for ethnically diverse women to explore careers in the alternatives industry through a combination of training and career development sessions and an immersive summer internship.
  • The Paradigm Changers Internship Program kicked off in March in Washington, DC, where participants got to know each other and learned more about the program.
  • We are excited to announce the 15 women who were selected to participate in NAIC's 2024 Paradigm Changers Internship Program:
    Oluseyi Yoloye is awaiting graduate school commitment.
  • "NAIC's Paradigm Changers Program provides a pathway for diverse women to access opportunities in an industry that has been uniquely difficult to enter.

American Financial Group, Inc. Announces First Quarter Results

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星期三, 五月 1, 2024
Other Professional Services, Professional Services, Insurance, Finance, P&C, Investment, CRS, AFG, Transport, National Association, Property, Acquisition, NAIC, Specialty, Calendar, Growth

First quarter 2024 results include 2.3 points related to catastrophe losses, compared to 2.2 points in the 2023 first quarter.

Key Points: 
  • First quarter 2024 results include 2.3 points related to catastrophe losses, compared to 2.2 points in the 2023 first quarter.
  • First quarter 2024 results benefited from 3.3 points of favorable prior year reserve development, compared to 4.5 points in the first quarter of 2023.
  • Underwriting profit was $154 million for the 2024 first quarter compared to $155 million in the first quarter of the prior period.
  • Earnings from alternative investments may vary from quarter to quarter based on the reported results of the underlying investments, and generally are reported on a quarter lag.

Equitable Holdings Reports First Quarter 2024 Results

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星期二, 四月 30, 2024
Finance, Consulting, Banking, Professional Services, Insurance, VUL, RBC, Wealth management, Holding, AB, Employee benefits, NAIC, AOCI, Growth, AllianceBernstein

Net income attributable to Holdings for the first quarter of 2024 was $114 million compared to $177 million in the first quarter of 2023.

Key Points: 
  • Net income attributable to Holdings for the first quarter of 2024 was $114 million compared to $177 million in the first quarter of 2023.
  • Non-GAAP operating earnings in the first quarter of 2024 was $490 million compared to $364 million in the first quarter of 2023.
  • Adjusting for notable items4 of $1 million, first quarter 2024 Non-GAAP operating earnings were $491 million or $1.43 per share.
  • As of March 31, 2024, book value per common share, including accumulated other comprehensive income (“AOCI”), was $1.43.

AM Best to Participate in NAIC International Insurance Forum Investment Panel Discussion

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星期一, 四月 22, 2024
Insurance, Professional Services, News, AM Best, Future, Bermuda Monetary Authority, NAIC, ALL

AM Best Managing Director Ken Johnson will participate in a panel discussion on navigating the investment landscape during the upcoming NAIC International Insurance Forum.

Key Points: 
  • AM Best Managing Director Ken Johnson will participate in a panel discussion on navigating the investment landscape during the upcoming NAIC International Insurance Forum.
  • The panel is titled, “Positioning for the Future – Navigating the Investment Landscape,” and will be moderated by Virginia Bureau of Insurance Commissioner Scott A.
  • To view the official agenda and learn more about the NAIC International Insurance Forum 2024, please visit the event overview .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

Noted Advisory Announces Partnership with Former Illinois Insurance Director to Enhance Insurance and Insurtech Consulting Practice

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星期一, 四月 15, 2024
Chicago-Kent College of Law, Climate change, University, Treasurer, Insurance, AI, Partnership, Research, National Association, Allstate, Methodist University, NAIC, National General Pictures, Multimedia, Private sector, Southern Methodist University, Root, Government, Management

CHICAGO, April 15, 2024 /PRNewswire/ -- Noted Advisory, a boutique consultancy, announces that former Illinois Insurance Director Dana Popish Severinghaus is partnering with founder Christine Patrick to enhance its Insurance and Insurtech practice.

Key Points: 
  • CHICAGO, April 15, 2024 /PRNewswire/ -- Noted Advisory, a boutique consultancy, announces that former Illinois Insurance Director Dana Popish Severinghaus is partnering with founder Christine Patrick to enhance its Insurance and Insurtech practice.
  • "Christine and I are closely aligned on how to navigate the direction the insurance industry is moving in, and I'm honored she asked me to help her expand Noted Advisory."
  • The partnership complements Noted Advisory's existing focus on supporting industry participants on strategic development, investor relations, financial strategies, and corporate structure.
  • Dana Popish Severinghaus most recently served as the Director of the Illinois Department of Insurance from January 2021 until April 2024.

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

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星期二, 四月 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

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星期二, 四月 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.”