In the dynamic world of property catastrophe reinsurance, there has been a notable resistance from reinsurers to lower prices or soften terms for coverage against extreme weather events. This stance comes despite brokers highlighting the ongoing affordability challenges impacting the global economy. Over the past 18 months, the property catastrophe reinsurance market, which plays a…
You’ve compared tuition. Reviewed on-campus housing costs. Even digested student meal plan prices. But have you thought about how much your son’s or daughter’s dream school will charge for health coverage? You might be in for a shock. Hawley Montgomery-Downs was thrilled when daughter Bryn Tronco earned a scholarship that pays half the $63,000 annual
Binance recently explained to delisted project Mithril that a clause in their contract entitles it to Mithril’s initial insurance deposit.Recently delisted Binance social network project Mithril (MITH) has asked the exchange to refund its initial insurance deposit. Mithril said it deposited 200,000 Binance Coins (BNB) as insurance for listing on Binance and now wants them back. However
Skip to main content December 14, 2022 06:12 PM Centene announced new appointments to its senior executive team under CEO Sarah London Wednesday. The health insurance company promoted executive vice president of healthcare enterprises Ken Fasola to president. Fasola joined the company through its $2.2 billion acquisition of Magellan Health, where he was CEO, last
This is the first time an EU Member State will use blockchain technology for bank and insurance guarantees, according to Algorand. 2452 Total views 7 Total shares Own this piece of crypto history Collect this article as NFTLayer-1 blockchain platform Algorand has been chosen as the public blockchain to support an “innovative digital guarantees platform”
Skip to main content December 12, 2022 07:21 PM MH Illustration/Getty Images The Centers for Medicare and Medicaid Services aims to reduce the number of non-standard policies offered on the health insurance exchanges while boosting the availability of providers in carriers’ networks, according to a draft regulation released Monday. The proposed rule would require participating
Ian Allison is an award-winning senior reporter at CoinDesk. He holds ETH.Evertas, the cryptocurrency insurance firm that received a nod from Lloyd’s of London earlier this year, has raised $14 million in funding, underlining the need for assurances within the turbulent, unpredictable digital asset space.The $14 million Series A round, which was led by Polychain
In the wake of the stock market crash and rising interest rates, consumers are buying annuities. In fact, in the third quarter of 2022, insurance industry trade group Limra estimates that annuity sales totaled almost $80 billion — just beating the Q2 record of $79.4 billion. Due – Due As of 2022, consumers are expected
Skip to main content December 09, 2022 05:31 PM CEOs at some of the nation’s largest insurance companies raked in tens of millions of dollars apiece last year, with insurtech leaders easily topping the list in terms of total compensation, according to data AIS Health published this month. Clover Health awarded CEO Vivek Garipalli with $389.6 million in
Most of us don’t think too much about insurance, but we deal with it in just about every aspect of our lives, from health insurance to unemployment insurance, from homeowner’s insurance to auto insurance. But insurance can cover a lot more than this—in fact, most common homeowners insurance covers stuff you might not think of
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