RAFTR Roofing + Exteriors has partnered with Westhill to streamline homeowners' roofing insurance claims by offering a digital platform to connect contractors and track work, simplifying the process.

A team of project analysts breaks down how they developed insurance supplements into a new and significant revenue stream for Built Strong Exteriors.

Entering the fourth quarter, businesses seeking cost-effective health plans for 2024 should consider these three tips. 

OPM’s final regulations for the Postal Service Health Benefits program locked in rules on Medicare Part D prescription drug coverage for USPS annuitants.

The post How Medicare Part D will work in upcoming USPS insurance program first appeared on Federal News Network.

The Biden Administration has proposed a rule to require private health insurance to cover over-the-counter birth control pills, spermicide, condoms and plan B.

Undocumented immigrants brought to the U.S. as kids, who have legal status as DACA recipients, can buy subsidized health plans through Obamacare starting Nov. 1. But 18 states are suing to stop it.

AXA XL announced that Mark Flanagan has been appointed to the new role of Head of Property & Casualty, Bermuda. A spokesperson said, “AXA XL announced today that Mark Flanagan has been appointed to the new role of Head of Property & Casualty, Bermuda. “Mr. Flanagan, who reports to Noel Pearman, Chief Underwriting Officer, Bermuda […]

Hamilton Insurance Group reported Q3 2024 net income of $78.3 million, a combined ratio of 93.6%, and a 16.7% increase in premiums, despite hurricane-related losses. A spokesperson said, “Hamilton Insurance Group, Ltd.  today announced financial results for the third quarter ended September 30, 2024.” Commenting on the results, Pina Albo, CEO of Hamilton, said, “Just […]

Total dedicated reinsurance capital in 2023 jumped by 7% to USD 568 billion, with an even larger increase projected for 2024, according to a new AM Best report. A statement from the ratings agency said, “The Best’s Market Segment Report, “Dedicated Reinsurance Capital Thrives in Hard Market,” is part of AM Best’s look at the […]

Aon plc announced the expansion of its Bermuda reinsurance platform, adding five new team members to enhance local capabilities and drive growth, subject to immigration approvals. A spokesperson said, “Aon plc [NYSE: AON], a leading global professional services firm, today announced the significant expansion of its Bermuda reinsurance platform to augment transactional and capital optimization […]

Gallagher launched a new specialty insurance business in Bermuda, and has appointed Jasmine DeSilva as Managing Director of the new business. A spokesperson said, “Gallagher has launched a new business in Bermuda to support clients across the region with their specialty insurance solutions. “Gallagher already has a significant client base in Bermuda, along with treaty reinsurance […]

AM Best affirmed the ratings of Top Layer Reinsurance Ltd., with a stable outlook. A statement from the ratings agency said, “AM Best has affirmed the Financial Strength Rating [FSR] of A+ [Superior] and the Long-Term Issuer Credit Rating [Long-Term ICR] of “aa-” [Superior] of Top Layer Reinsurance Ltd. [Top Layer] [Bermuda]. The outlook of […]

[Written by Roxanne Christopher] September is Life Insurance Awareness Month, making it the perfect time to consider the benefits of life insurance for young adults. Life insurance is often seen as a financial product relevant only for older individuals or those with dependents. However, young adults, especially Millennials and Gen Z, have much to gain […]

Essent Group Ltd. announced that its wholly-owned subsidiary, Essent Guaranty, Inc., has obtained $363.4 million of fully collateralized excess of loss reinsurance coverage on mortgage insurance policies written in July 2023 through July 2024 from Radnor Re 2024-1 Ltd., a newly formed Bermuda special purpose insurer. A spokesperson said, “Radnor Re 2024-1 Ltd. is not […]

Mosaic Insurance appointed Francesca Harland as Global Head of Professional Liability, succeeding Anna Jay to boost the agency business and recognizing Harland’s contributions since the unit’s launch. A spokesperson said, “Mosaic Insurance has appointed Francesca Harland as its new Global Head of Professional Liability. “Harland, a leading underwriter in the unit since its inception, steps […]

Essent Group Ltd. announced that it has entered into an agreement through its subsidiary Essent US Holdings, Inc. to acquire Agents National Title Holding Company and Boston National Holdings LLC from Incenter LLC, a subsidiary of Finance of America Companies Inc. for $100 million. A spokesperson said, “Agents National Title, based in Missouri, is a […]

Arch Insurance announced it has acquired Thimble, a leading insurtech platform for small business customers and agents. A spokesperson said, “Thimble enables small businesses to quickly get insurance coverage by the job, month or year using its award-winning app, website, or over the phone. “The acquisition expands Arch’s suite of digital solutions for small business […]

Renaissancere Holdings  announced it has “entered into a definitive agreement with American International Group, Inc., whereby RenaissanceRe will acquire AIG’s treaty reinsurance business, which includes Validus Reinsurance Ltd. and its consolidated subsidiaries, AlphaCat Managers Ltd. and its managed funds, and all renewal rights to the Assumed Reinsurance Treaty Unit of Talbot.” A spokesperson said, “AIG […]

RenaissanceRe Holdings Ltd. has completed its acquisition of Validus Re, the treaty reinsurance business of American International Group, Inc. A spokesperson said, “RenaissanceRe Holdings Ltd. today announced that it has concluded its acquisition of Validus Re, the treaty reinsurance business of American International Group, Inc which includes Validus Reinsurance Ltd. and its consolidated subsidiaries, AlphaCat […]

Fleming Insurance Holdings, a provider of capital solutions to P&C insurers globally, has entered into an agreement to acquire JRG Reinsurance Company Ltd. from James River Group Holdings, Ltd. A spokesperson said, “This is a transformational transaction contributing to Fleming’s growth plan with the addition of complementary infrastructure, a strong balance sheet and capital base, […]

1. Corporate regulator sues Cbus over unresolved insurance claims  Sydney Morning Herald
2. VIDEO Cbus taken to court accused of failing to pay thousands of claims  ABC News
3. Super fund in strife over $20m in delayed payments  The Canberra Times

Why the government's flood insurance program is underwater Major flooding events are increasingly common across the U.S., but homeowners looking for flood insurance will find few choices. The main providers of flood insurance is the U.S. government through the National Flood Insurance Program, or…

Cape Town police have arrested two suspects in connection with the murder of Noem My Skollie actor David Manuel and his friend, Alfonso Fisher, in Gugulethu last month.

Stian de Witt, executive head at employee benefits firm NMG Benefits, shares a few tips on how to keep insurance in your budget when times are tough.

Wynand van Vuuren, client experience partner at King Price insurance, unpacks the rights and responsibilities of a consumer when it comes to insurance.

Businesses urged to revisit insurance needs, encourage workplace safety The Delaware Department of Insurance is sharing reminders with businessowners regarding important measures to take as phased reopenings begin and providing resources that can help companies enhance worker and customer safety throughout the reopening process. Insurance Commissioner Trinidad Navarro recommends that businesses revisit their insurance plans […]

Bureau of Examination, Rehabilitation, and Guaranty (BERG) team from back left: Tracey Weaver, Alisa Pritchard, Danielle Hopp, Matthew Aidala, Kelly West, Laura Hufschmidt, Deputy Commissioner Tanisha Merced, Jasmine Jenkins, Beth Short, Hollylynn Ford, Sherry Wilson, Blake Synnestvedt, and Steven Carlson. From front left, Nicole Brittingham, Charles Santana, Rylynn Brown, Commissioner Trinidad Navarro, Dave Lonchar, Tom […]

Over $1 million claimed by Delaware residents in 2019, More than $400,000 in early 2020 The Delaware Department of Insurance has released new data about local use of the Life Insurance Policy Locator, a free tool offered in conjunction with the National Association of Insurance Commissioners (NAIC). In total, 1,116 requests have been submitted, and […]

Commissioner Navarro encourages caution in repairs, meets with community Tropical Storm Isaias produced tornado activity, heavy rain and flooding, hail, and strong winds throughout the state, causing significant destruction in several Delaware communities. Insurance Commissioner Trinidad Navarro visited residents and assessed damage on Wednesday. “While measuring the full extent of this storm will take time, […]

Thousands of Highmark 2019 plan participants and groups to receive checks After announcing a reduction of Delaware Health Insurance Marketplace rates for the upcoming enrollment year, Insurance Commissioner Trinidad Navarro has more good news for residents who purchase insurance on the Delaware Health Insurance Marketplace, those who purchase Highmark Blue Cross Blue Shield Delaware plans […]

DOVER, DELAWARE – Delaware State Auditor Kathy McGuiness and Insurance Commissioner Trinidad Navarro together will host a virtual Fraud Town Hall via Facebook live on Wednesday, October 21, 2020 beginning at 3:00 pm. The Auditor’s Office and the Department of Insurance want to jointly raise awareness of the types of fraud schemes both agencies regularly […]

Decrease and Workplace Safety Program save businesses money during unprecedented time Insurance Commissioner Trinidad Navarro announced today that workers’ compensation insurance rates will decrease for the fourth year in a row, effective December 1, 2020. The voluntary market is seeing yet another double-digit decrease in loss costs, with an average 11.56% reduction, and residual market […]

The marketplace’s eighth open enrollment period starts Sunday, Nov. 1, and ends Tuesday, Dec. 15, at www.HealthCare.gov, where consumers can renew existing coverage or sign up for a new plan. Coverage for enrollees who sign up by Dec. 15 and pay their first month’s premium will take effect Jan. 1.

Shortlisted for European Captive Review honor Insurance Commissioner Trinidad Navarro shared today that Delaware was named as one of three finalists for International Insurance Domicile of the Year within the European Captive Review Awards. The winning domicile will be announced in a virtual ceremony on November 26. Delaware is the fifth largest global captive domicile. […]

For those who enroll by the deadline and pay their first premium, coverage will begin Jan. 1, 2021.

NEW CASTLE (Dec. 23, 2020) – Enrollment on Delaware’s Health Insurance Marketplace increased more than 5% during the open enrollment period that ended Dec. 15. From Nov. 1 through Dec. 15, a total of 25,260 Delawareans signed up for 2021 coverage through the marketplace, an increase of 5.3% over last year’s open enrollment period, when […]

Insurance Commissioner Trinidad Navarro highlights successes, resilience The Delaware Department of Insurance published today a series of statistics outlining performance and productivity during 2020. These metrics show successes notwithstanding the pandemic and operational changes such as working remotely. These data have been shared visually in the Department of Insurance 2020 Year in Review infographic. “Despite […]

Delawareans looking for affordable health insurance will have an additional opportunity to sign up for coverage – including tax credits for eligible enrollees that help to reduce monthly premiums significantly.

Consumers should be wary of non-marketplace plans that offer limited benefits Insurance Commissioner Trinidad Navarro is joining commissioners across the country in cautioning residents who may be considering purchasing an insurance plan that does not adequately meet their needs or comply with Affordable Care Act (ACA) benefit requirements. The Special Enrollment Period, which started February […]

State’s dormancy laws now offer greater flexibility With the Governor’s recent signature, Delaware’s Captive Insurance Division is celebrating increased flexibility in its offerings to captive insurance companies. Senate Substitute 1 for Senate Bill 36 allows captives to be classified as registered series, offers clarity to provisions regarding insuring a parent company, and allows for a […]

Participating in National Insurer Climate Risk Disclosure Survey Insurance Commissioner Trinidad Navarro has announced Delaware’s participation in the National Association of Insurance Commissioners’ Insurer Climate Risk Disclosure Survey, an effort to assess how the impacts of climate change will reverberate across the insurance industry. From investment practices, to increased claim occurrences impacting companies’ financial sturdiness, […]

Highmark plan participants and groups to receive checks Insurance Commissioner Trinidad Navarro announced today that Highmark Blue Cross Blue Shield Delaware will issue rebates totaling over $12.3 million to some Delawareans. Residents who purchase insurance on the Delaware Health Insurance Marketplace, those who purchase Highmark Delaware plans outside of the marketplace, and Highmark small group […]

NEW CASTLE (Sept. 7, 2021) – The Biden Administration has awarded Delaware $10,831,203 through the Centers for Medicare & Medicaid Services (CMS) to improve access to affordable, comprehensive health insurance coverage through its section 1332 state-based reinsurance waiver. Delaware is one of 13 states to receive these funds, also known as “pass-through funding,” which are available […]

Late last month in New Castle County, a Grand Jury indicted multiple residents for insurance fraud. The indictments stem from Department of Insurance Fraud Prevention Bureau investigations, in partnership with the Delaware Department of Justice. They allege that following vehicle accidents, each indicted resident did knowingly present false information to auto insurers or otherwise caused […]

Delawareans can renew existing coverage or sign up for a new plan. Coverage for enrollees who sign up by Dec. 15 and pay their first month’s premium will take effect Jan. 1, 2022.

Local independent pharmacy to administer important immunizations Insurance Commissioner Trinidad Navarro, in collaboration with Lieutenant Governor Bethany Hall-Long and Kevin Musto, R.Ph., FAPhA, independent pharmacist with Atlantic Apothecary, has announced a COVID Vaccination and Flu Shot Clinic on Thursday, November 18 from 1:00 to 4:00PM at the Delaware Department of Insurance’s Dover Office, 1351 West […]

Successes in serving residents continue The Delaware Department of Insurance (DOI) today published performance and productivity data for 2021. While the pandemic necessitated continued operational adjustments, staff continued to focus efforts on consumer services and saw great success. The department also released an infographic of key statistics. “Year after year, our DOI team delivers for […]

Legislative effort to end rating practice announced Insurance Commissioner Trinidad Navarro and the Consumer Federation of America (CFA) today released Gender Disparities in Auto Insurance Pricing, a new report that shows many women are being charged more by auto insurers based solely on their gender. Data shows that many Delaware women pay more per year […]

Consumers to have most options in history of Delaware Marketplace After years of work to increase competition on the Delaware Health Insurance Marketplace, Insurance Commissioner Trinidad Navarro announced today that three health carriers intend to offer plans for the 2023 plan year – the most in the state’s history. AmeriHealth Caritas and Aetna CVS Health […]